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712 E 19th St
D- Composite 37.84
Why this score? — see what drove the D- 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).

  • Appreciation +10.0/10.0
  • ARV discount +7.5/15.0
  • Cash flow +6.2/30.0
  • Schools +4.4/10.0
  • Livability +4.0/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • DSCR +0.5/10.0
  • 1% rule +0.3/10.0

$364,900

712 E 19th St · Wolfforth, TX 79382
3 bd · 2.0 ba · 2,068 sqft · SingleFamily public records · 492 Days on market
Built 2025 6,050 sqft lot ↓ 5% since listing

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome to 712 E 19th, a stunning home being built in the Overlook Neighborhood. Discover the beauty of tasteful craftsmanship this modern 4 bedroom, 3 bathroom, open concept home has to offer. Built by Addison Homes, this floorplan offers a seamless flow from the spacious living area to the dining and kitchen zones creating an airy, elegant aesthetic that is true to modern West Texas architecture. Vaulted ceiling with stained beam in main living space featuring a beautiful sealed-gas fireplace. Stainless steel appliances and custom cabinetry throughout. 712 E 19th St Property Details: The Overlook Neighborhood, 4 bedrooms 3 bathrooms 2 car garage 2,077 SQFT Don't miss the opportunity to make this Frenship residence your own! Contact us today.

Key facts

  • Custom cabinetry
  • Open concept
  • Vaulted ceiling

Tags

OPEN CONCEPTVAULTED CEILINGSEALED GAS FIREPLACESTAINLESS STEEL APPLIANCESCUSTOM CABINETRY

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath single-family listed at $365k.

Deal economics

  • At list price, monthly cash flow is $-670 ($-8k/yr) — negative.
  • To cash-flow at today's rent, offer at most $247k (32.4% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $194k (46.8% below list).
  • Recommended offer: $194k (46.8% below list) — sets the bar for 1% rule.

Location & tenants

  • Location reads 80/100 on livability (#43 in TX, #1,872 nationally) — a professional / high-income tenant draw. Strengths: cost of living A+, housing A+, health & safety A+; Watch: amenities F, commute F.
  • Frenship ISD (urban): math 47% / reading 54% proficiency, ranked #162 of 826 in TX (top 20%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
  • Market conditions: 472 active listings in the ZIP; 26 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 2,219 units permitted in Lubbock County in 2024 (252 in 5+ unit buildings).

Forward outlook

  • In year one you build about $39k of equity ($3k loan paydown + $36k appreciation (10.0% local appreciation)).
  • Lubbock County population projected at +39% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • By year 2, paydown + projected appreciation supports a ~$63k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • It's been on market 492 days — a 12% lower offer ($321k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

  • Climate carrying-cost: extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $194,089 (46.8% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. It's been on market 492 days. Have you received any prior offers? Is the seller open to a 47% concession, seller financing, or rate buy-down credit?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
  6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  7. 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.
  8. 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.
  9. 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
0.53%
Cap rate
4.09%
Cash-on-cash
-7.87%
DSCR
0.65
GRM
15.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
18.7%
Equity multiple
2.53×
Total profit
$155,894
Equity at exit
$328,731
10-year hold
IRR
17.3%
Equity multiple
5.82×
Total profit
$492,309
Equity at exit
$708,920

Cash invested: $102,172 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
87 Strongly Landlord-Friendly
State Texas
87 Strongly Landlord-Friendly · R+5
County
— inherits STATE
City
— inherits STATE
3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.

ZIP-level market 79382

Active inventory
472
Price-to-rent
15.7×

Monthly cashflow live

Estimated rent
$1,941 high interval (Pro) →
Mortgage (P&I)
$1,914
Tax from tax record
$138 /mo · $1,652/yr
Insurance
$152
HOA
$0
Vacancy / Maint / Mgmt
$408
Net cashflow
$-670

Break-even live

Break-even rent $2,789
Max offer price $246,538
Occupancy floor

Sensitivity live

Price -10% $-463 -5% $-567 +0% $-670 +5% $-773 +10% $-877
Rent -10% $-823 -5% $-747 +0% $-670 +5% $-593 +10% $-517
Rate -1.0pp $-486 -0.5pp $-577 base $-670 +0.5pp $-765 +1.0pp $-861

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
$91,225
Closing costs
$10,947
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 26 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
2008 Cottonwood Ave Wolfforth, TX 3.0 2.0 1450 $1,810 $1.25 44d 1 0.08mi
723 E 17th St Wolfforth, TX 3.0 2.0 1670 $1,800 $1.08 44d 1 0.10mi
1817 Corpus Ave Wolfforth, TX 3.0 2.0 1405 $1,600 $1.14 14d 1 0.14mi
1503 Good Prairie Ave Wolfforth, TX 4.0 2.5 2173 $2,450 $1.13 21d 1 0.25mi
2418 Aberdeen Ave Wolfforth, TX 3.0 2.0 1450 $1,799 $1.24 44d 1 0.26mi
2408 Aberdeen Ave Wolfforth, TX 4.0 2.0 1703 $2,100 $1.23 21d 1 0.26mi
1313 Corpus Ave Unit B Wolfforth, TX 3.0 2.0 1550 $1,850 $1.19 14d 1 0.30mi
215 14th St Wolfforth, TX 4.0 3.0 1850 $2,200 $1.19 14d 1 0.54mi
2916 Corpus Ave Wolfforth, TX 3.0 2.0 1657 $1,800 $1.09 44d 1 0.70mi
2915 Tractor Ave Wolfforth, TX 4.0 3.0 2582 $2,995 $1.16 14d 1 0.84mi
127 Brooke Blvd Wolfforth, TX 3.0 2.5 1714 $1,757 $1.03 14d 2 1.00mi
811 11th St Wolfforth, TX 3.0 2.0 1523 $1,595 $1.05 44d 1 1.02mi
906 11th St Wolfforth, TX 3.0 2.0 1731 $2,000 $1.16 44d 1 1.12mi
7811 96th St Lubbock, TX 4.0 2.0 1946 $2,195 $1.13 21d 1 1.21mi
7805 96th St Lubbock, TX 4.0 2.0 1888 $2,150 $1.14 44d 1 1.23mi
7731 97th St Lubbock, TX 4.0 2.0 1888 $2,075 $1.10 21d 1 1.23mi
7510 102nd St Lubbock, TX 3.0 2.0 1503 $1,600 $1.06 44d 1 1.26mi
7729 96th St Lubbock, TX 4.0 2.0 1978 $2,300 $1.16 14d 1 1.28mi
7732 96th St Lubbock, TX 4.0 2.0 1888 $2,075 $1.10 21d 1 1.29mi
7456 104th St Lubbock, TX 3.0 2.0 1460 $1,700 $1.16 44d 1 1.30mi
7449 104th St Lubbock, TX 3.0 2.0 1481 $1,625 $1.10 21d 1 1.30mi
7440 104th St Lubbock, TX 3.0 2.0 1578 $1,600 $1.01 14d 1 1.36mi
7424 104th St Lubbock, TX 3.0 2.0 1598 $1,750 $1.10 44d 1 1.44mi
405 Ranger St Wolfforth, TX 4.0 2.0 1866 $2,450 $1.31 14d 1 1.44mi
328 Ranger St Wolfforth, TX 4.0 2.0 2045 $2,450 $1.20 14d 1 1.45mi
7729 92nd St Lubbock, TX 4.0 3.0 1810 $2,495 $1.38 21d 1 1.46mi

Listing history 18 events

  1. 2026-06-18
    days on market $364,900 Active 492 DOM
  2. 2026-06-17
    days on market $364,900 Active 491 DOM
  3. 2026-06-16
    days on market $364,900 Active 490 DOM
  4. 2026-06-15
    days on market $364,900 Active 489 DOM
  5. 2026-06-13
    pricedays on market $364,900 Active 486 DOM
  6. 2026-06-10
    days on market $369,900 Active 484 DOM
  7. 2026-06-09
    days on market $369,900 Active 483 DOM
  8. 2026-06-08
    days on market $369,900 Active 482 DOM
  9. 2026-06-07
    days on market $369,900 Active 481 DOM
  10. 2026-06-05
    days on market $369,900 Active 478 DOM
  11. 2026-06-03
    days on market $369,900 Active 477 DOM
  12. 2026-06-02
    days on market $369,900 Active 476 DOM
  13. 2026-06-01
    days on market $369,900 Active 475 DOM
  14. 2026-05-31
    days on market $369,900 Active 474 DOM
  15. 2026-05-30
    days on market $369,900 Active 473 DOM
  16. 2026-05-09
    price $369,900 753-char remark
    Show marketing remark (753 chars)

    Welcome to 712 E 19th, a stunning home being built in the Overlook Neighborhood. Discover the beauty of tasteful craftsmanship this modern 4 bedroom, 3 bathroom, open concept home has to offer. Built by Addison Homes, this floorplan offers a seamless flow from the spacious living area to the dining and kitchen zones creating an airy, elegant aesthetic that is true to modern West Texas architecture. Vaulted ceiling with stained beam in main living space featuring a beautiful sealed-gas fireplace. Stainless steel appliances and custom cabinetry throughout. 712 E 19th St Property Details: The Overlook Neighborhood, 4 bedrooms 3 bathrooms 2 car garage 2,077 SQFT Don't miss the opportunity to make this Frenship residence your own! Contact us today.

  17. 2026-04-14
    price $379,900 753-char remark
    Show marketing remark (753 chars)

    Welcome to 712 E 19th, a stunning home being built in the Overlook Neighborhood. Discover the beauty of tasteful craftsmanship this modern 4 bedroom, 3 bathroom, open concept home has to offer. Built by Addison Homes, this floorplan offers a seamless flow from the spacious living area to the dining and kitchen zones creating an airy, elegant aesthetic that is true to modern West Texas architecture. Vaulted ceiling with stained beam in main living space featuring a beautiful sealed-gas fireplace. Stainless steel appliances and custom cabinetry throughout. 712 E 19th St Property Details: The Overlook Neighborhood, 4 bedrooms 3 bathrooms 2 car garage 2,077 SQFT Don't miss the opportunity to make this Frenship residence your own! Contact us today.

  18. 2025-02-11
    listed $388,900 Active 753-char remark
    Show marketing remark (753 chars)

    Welcome to 712 E 19th, a stunning home being built in the Overlook Neighborhood. Discover the beauty of tasteful craftsmanship this modern 4 bedroom, 3 bathroom, open concept home has to offer. Built by Addison Homes, this floorplan offers a seamless flow from the spacious living area to the dining and kitchen zones creating an airy, elegant aesthetic that is true to modern West Texas architecture. Vaulted ceiling with stained beam in main living space featuring a beautiful sealed-gas fireplace. Stainless steel appliances and custom cabinetry throughout. 712 E 19th St Property Details: The Overlook Neighborhood, 4 bedrooms 3 bathrooms 2 car garage 2,077 SQFT Don't miss the opportunity to make this Frenship residence your own! Contact us today.

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

Tax reassessment forecast TX · Resets to sale price

Current annual tax
$1,652 · $138/mo
Projected year-2 tax
$6,678 · $556/mo
Expected delta
+$5,025/yr (+$419/mo · 304.1%)

ⓘ 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 2/10 Low
  • 🌡 Heat 5/10 Major 7 d/yr ≥99°F today · 21 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low 100% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$23,291
− Mortgage interest
−$20,440
− Property taxes
−$1,652
− Insurance
−$1,824
− Repairs & maintenance
−$1,863
− Management
−$1,863
− Depreciation
−$10,615
Taxable loss
−$14,968
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$3,592
After-tax cash flow
$-4,448/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
Frenship ISD
NCES district ID
4819830
Math proficiency
47% ▼ -8.00%
Reading proficiency
54% ▬ 0.00%
Median HH income
$54,376
Composite
43.59/100
National rank
#2976
State rank
#162 of 826 in TX

Livability — Wolfforth

Score
80/100
State rank
#43
US rank
#1872

Category grades

Amenities F Commute F Cost of living A+ Crime A- Employment B- Housing A+ Health & safety A+ User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Wolfforth, TX
County
Lubbock County · 293,542 people
City population
10,512
Metro
Lubbock, TX
Population (ZIP)
10,512
Household income
$84,457
Rent vs Own
23.0% rent · 77.0% own
Severe rent burden
135.0

Population outlook (Lubbock County) Hauer SSP2

Today (2025)
345,960 people
By 2030
371,449 · +7.4%
By 2040
424,539 · +22.7%
By 2050
481,150 · +39.1%
By 2075
633,467 · +83.1%
By 2100
746,853 · +115.9%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Majority White (64%)
Race & ethnicity
White 64% Hispanic / Latino 31% Two or more races 18% Black 1%
Hispanic origin (detail)
Mexican 28%
Common ancestry
Italian 4% Slovak 2% Lithuanian 2%
Foreign-born
4% · Canada
Languages at home
85% English-only · Spanish 14%

Political lean MEDSL · Lubbock

2024 margin
Solid R (+39.5) · D 29.7% · R 69.2% · Other 1.0%
2008→2024 swing
-2.8pp toward R · 2008: -36.7pp · 2024: -39.5pp
All cycles
2024: R+39.5 2020: R+32.2 2016: R+38.4 2012: R+40.9 2008: R+36.7

Not yet ingested

Civics

Market trends

HPI YoY
▲ 166.08%
Current HPI
561.4491
Rent YoY
Metro
Lubbock, TX
State GDP YoY
▲ 3.95%
F500 in state
110

Industry mix (Fortune 500 HQ in TX)

Industry F500 HQs Revenue

Price history

-4.9% since first listed
3 events — show timeline
  • 2026-05-09 Price Changed $369,900 LARMLS
  • 2026-04-14 Price Changed $379,900 LARMLS
  • 2025-02-11 Listed $388,900 LARMLS

Property tax history

+196.8%/yr

Latest (2025): $1,652 · +625.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…