2221 Trakand Dr · White Knoll, SC 29073

$235,000

3 bd · 2.5 ba · 1,540 sqft · SingleFamily public records · 1 Days on market

Built 2019 4,356 sqft lot Est $265k · 11% under $38/mo HOA · 2% of rent ↓ 2% since listing

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Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +16.9/30.0
• ARV discount +12.6/15.0
• DSCR +5.3/10.0
• Schools +4.2/10.0
• 1% rule +3.9/10.0
• Rent growth +3.3/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Built in 2019, this 3 bedroom, 2.5 bath home with a single car garage offers move-in ready living in desirable Bluefield subdivision. The open main level features LVP flooring, a spacious kitchen with large island overlooking the great room, plus recent upgrades including new gutters, privacy fence , upgraded lighting and ceiling fans - extras not often included in nearby new construction. All bedrooms are upstairs, including the primary suite with double vanity, garden tub and separate shower. Great opportunity to enjoy established value in one of Lexington's amenity-rich neighborhoods! Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.

Key facts

• Recent upgrades
• Upgraded lighting
• Privacy fence

Tags

• MOVE IN READY
• LARGE ISLAND
• RECENT UPGRADES
• PRIVACY FENCE
• UPGRADED LIGHTING
• AMENITY RICH NEIGHBORHOODS

Property features AI

Finance

• Other: Paved road access
• HOA & community: Association present; Association maintains common areas, sidewalks, playground and pool

Exterior

• Parking: Attached garage with 1 garage space
• Utilities: Public water; Public sewer
• Home design: Two-story home
• Construction: Slab foundation
• Exterior features: Vinyl exterior; Rear wood privacy fence (rear only)

Interior

• Kitchen: Pantry; Granite countertops; Tiled backsplash; Painted cabinets; Recessed lighting; Luxury vinyl plank flooring; Refrigerator; Microwave (mounted above stove)
• Bedrooms: Master bedroom with garden tub, separate shower, walk-in closet, ceiling fan, carpet and luxury vinyl plank flooring (second level); Bedroom 2 with shared bath and carpet (second level); Bedroom 3 with shared bath and carpet (second level)
• Flooring: Carpet; Luxury vinyl plank
• Bathrooms: Two full baths; One partial bath; One main half bath
• Heating & cooling: Central heating; Central cooling
• Interior features: Ceiling fans; Attic access
• Laundry & utility: Laundry in closet (washer/dryer located on second level); Tankless water heater

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath single-family listed at $235k.

Deal economics

• At list price, monthly cash flow is $156 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $208k (11.5% below list).
• Recommended offer: $208k (11.5% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads: area grade C — affects rentability + tenant quality, not the cash-flow math above.
• Lexington 01 (suburban): math 42% / reading 53% proficiency, ranked #11 of 80 in SC (top 14%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Carolina Springs Elementary (math 34% / reading 34%, grade F, #359 of 597 statewide, top 60%, 850 students, 41% FRL); Carolina Springs Middle (math 25% / reading 39%, grade F, #119 of 229 statewide, top 54%, 914 students, 46% FRL); White Knoll High (math 47% / reading 85%, grade B, #81 of 196 statewide, top 42%, 2,204 students, 45% FRL).
• Market conditions: Rents rising (+3.2%/yr); 572 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals leasing fast (median 5d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 1,712 units permitted in Lexington County in 2024 (0 in 5+ unit buildings).
• This rent runs 32% of the median local income ($77k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• Lexington County population projected at +26% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 74% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $208,007 (11.5% below list)

Questions for the listing agent

1. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
4. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
5. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.89% ✗
• Cap rate: 7.09%
• Cash-on-cash: 2.84%
• DSCR: 1.13
• GRM: 9.4

CMA / ARV

• ARV (on-the-fly): $264,880
• Comps found: 2

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
460 Walking Ln	0.32mi	3/2.5	1,527 (-1%)	22mo	$262,000	$172	65
116 Opago Way	0.61mi	4/2.5 (+1)	1,604 (+4%)	17mo	$230,000	$143	46

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.24% rent growth · sell at horizon

5-year hold

• IRR: -11.6%
• Equity multiple: 0.58×
• Total profit: $-27,724
• Equity at exit: $35,039

10-year hold

• IRR: -2.1%
• Equity multiple: 0.86×
• Total profit: $-9,524
• Equity at exit: $20,319

Cash invested: $65,800 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 90 Strongly Landlord-Friendly
• State South Carolina: 90 Strongly Landlord-Friendly · R+6
• County: — inherits STATE
• City: — inherits STATE

5-day notice; preempted; landlord-favorable.

Methodology + full state rankings →

ZIP-level market 29073

• Home prices YoY: -19.1%
• Rents YoY: 3.2%
• Active inventory: 572
• Price-to-rent: 9.4×

Monthly cashflow live

• Estimated rent: $2,080 high
• Mortgage (P&I): −$1,232
• Tax from tax record: −$119 /mo · $1,433/yr
• Insurance: −$98
• HOA: −$38
• Vacancy / Maint / Mgmt: −$437
• Net cashflow: $156

Break-even live

Break-even rent $1,883

Max offer price $235,000

Occupancy floor 88%

Sensitivity live

Price	-10% $289	-5% $222	+0% $156	+5% $89	+10% $22
Rent	-10% $-9	-5% $73	+0% $156	+5% $238	+10% $320
Rate	-1.0pp $274	-0.5pp $215	base $156	+0.5pp $95	+1.0pp $33

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $58,750
• Closing costs: $7,050
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2237 Trakand Dr Lexington, SC	3.0	2.5	1962	$1,975	$1.01	4d	1	0.04mi
307 Savannah Hills Dr Lexington, SC	3.0	2.5	1612	$1,985	$1.23	25d	1	0.10mi
473 Walking Ln Lexington, SC	3.0	2.5	1835	$2,100	$1.14	25d	1	0.31mi
432 Cape Jasmine Way Lexington, SC	4.0	2.5	1600	$2,049	$1.28	5d	1	0.66mi
123 Brevard Pkwy Lexington, SC	1.0–3.0	1.0–2.0	1097	$1,275	$1.16	4d	1	0.78mi
600 Fern Hall Dr Lexington, SC	2.0–3.0	2.0	1071	$1,277	$1.19	4d	1	0.85mi

HOA detail

• Monthly dues: $38 · $456/yr

Listing history 2 events

1. 2026-06-22
   remarks 698-char remark
2. 2026-06-22
   listed $235,000 Active 1 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast SC · Resets to sale price

• Current annual tax: $1,433 · $119/mo
• Projected year-2 tax: $1,433 · $119/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 6/10 Major 7 d/yr ≥107°F today · 16 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 74% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $24,961
• − Mortgage interest: −$13,164
• − Property taxes: −$1,433
• − Insurance: −$1,175
• − Repairs & maintenance: −$1,997
• − Management: −$1,997
• − HOA: −$456
• − Depreciation: −$6,836
• Taxable loss: −$2,097
• Est. tax savings @ 24.0%: +$503
• After-tax cash flow: $2,370/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Lexington 01
• NCES district ID: 4502700
• Math proficiency: 42% ▼ -12.00%
• Reading proficiency: 53% ▼ -2.00%
• Median HH income: $61,298
• Composite: 41.75/100
• National rank: #3399
• State rank: #11 of 80 in SC

Livability — White Knoll

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: White Knoll, SC
• County: Lexington County · 232,571 people
• Metro: Columbia, SC
• Population (ZIP): 53,156
• Household income: $77,229
• Rent vs Own: 18.3% rent · 81.7% own
• Severe rent burden: 935.0

Population outlook (Lexington County) Hauer SSP2

• Today (2025): 322,999 people
• By 2030: 342,356 · +6.0%
• By 2040: 377,715 · +16.9%
• By 2050: 406,984 · +26.0%
• By 2075: 465,447 · +44.1%
• By 2100: 485,674 · +50.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (72%)
• Race & ethnicity: White 72% Black 14% Two or more races 7% Hispanic / Latino 6% Asian 2%
• Hispanic origin (detail): Mexican 2% Puerto Rican 1%
• Common ancestry: Romanian 3% Italian 2% Slovak 1%
• Foreign-born: 4% · Canada, China
• Languages at home: 93% English-only · Spanish 5% Other Indo-European 1%

Political lean MEDSL · Lexington

• 2024 margin: Solid R (+33.5) · D 32.5% · R 66.0% · Other 1.4%
• 2008→2024 swing: +4.6pp toward D · 2008: -38.0pp · 2024: -33.5pp
• All cycles: 2024: R+33.5 2020: R+30.1 2016: R+36.7 2012: R+37.8 2008: R+38.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -59.20%
• Current HPI: 249.8957
• Rent YoY: ▲ 3.24%
• Metro: Columbia, SC
• State GDP YoY: ▲ 4.51%
• F500 in state: 2

Industry mix (Fortune 500 HQ in SC)

Industry	F500 HQs	Revenue
▸Packaging	1	$7B

Price history

-2.1% since first listed

2 events — show timeline

• 2026-06-20 Listed $235,000 Consolidated MLS
• 2023-07-14 Sold (Public Records) $240,000 Public Records

Property tax history

+22.7%/yr

Latest (2024): $1,433 · +56.9% YoY. Source: county tax records.