3732 Bluebell Dr · Everman, TX 76140

$175,000

3 bd · 2.0 ba · 1,387 sqft · SingleFamily public records · 89 Days on market

Built 1965 9,757 sqft lot $126/sqft · 26% below area Est $235k · 26% under

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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 +16.1/30.0
• ARV discount +15.0/15.0
• 1% rule +5.7/10.0
• DSCR +5.0/10.0
• Livability +3.1/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Priced under market value! Calling rental investors or handymen & women! TLC needed. The house has great features such as laminate flooring, granite countertops, a flex space, HUGE BACK PATIO COVER and an extra large lot. Roof and gutters are only 3 years old. Separate dining area included. EXCELLENT FLOOR PLAN THAT WASTES NO SPACE. Single car garage .. The backyard patio cover has an enormous steel frame patio cover. You will LOVE the backyard. 3 bedrooms, 2 bathrooms, 1 flex space. Call to see! Needs repair but priced accordingly!

Key facts

• Laminate flooring
• Flex space
• Extra large lot

Tags

• LAMINATE FLOORING
• GRANITE COUNTERTOPS
• FLEX SPACE
• HUGE BACK PATIO COVER
• EXTRA LARGE LOT
• ROOF AND GUTTERS

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $175k.

Deal economics

• At list price, monthly cash flow is $90 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $175k).
• Recommended offer: $164k (6.0% below list) — sets the bar for market timing.
• Cap rate 6.9% vs local median 4.3% in Everman — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 62/100 on livability (#976 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: crime D+, schools D, amenities F.
• Everman ISD (suburban): math 21% / reading 32% proficiency, ranked #691 of 826 in TX (top 84%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 77% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents flat; 389 active listings in the ZIP; 37 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 46% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 18,938 units permitted in Tarrant County in 2024 (8,336 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Tarrant County population projected at +41% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 89 days — a 6% lower offer ($164k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 15y ago; this cycle's ask has dropped $20k (10%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: property tax is 2.7% of price.
• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $164,500 (6.0% below list)

Questions for the listing agent

1. It's been on market 89 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1965 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
7. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
8. 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.
9. 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.
10. 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: 1.07% ✓
• Cap rate: 6.91%
• Cash-on-cash: 2.21%
• DSCR: 1.10
• GRM: 7.8

CMA / ARV

• ARV (median comp): $235,251
• List price: $175,000
• Delta: -25.61%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3732 Bluebell Dr	0.00mi	3/2.0	1,387 (0%)	1mo	$175,000	$126	100
3612 Arnold Dr	0.32mi	3/2.0	1,372 (-1%)	3mo	$249,999	$182	81
3137 Royal Crest Dr	0.49mi	3/2.0	1,359 (-2%)	5mo	$260,000	$191	69
3757 Bluebell Dr	0.07mi	3/2.0	1,221 (-12%)	11mo	$220,000	$180	68
545 Chambers Creek Dr	0.52mi	3/2.0	1,330 (-4%)	6mo	$218,000	$164	64
3800 Arnold Dr	0.38mi	3/2.0	1,303 (-6%)	10mo	$269,000	$206	64
7959 Fairgrounds Ln	0.39mi	3/2.0	1,235 (-11%)	6mo	$250,000	$202	58
3216 Nando Ln	0.71mi	3/2.0	1,461 (+5%)	1mo	$261,999	$179	57
3328 Royal Crest Dr	0.34mi	3/2.0	1,197 (-14%)	10mo	$239,999	$201	53
1708 Gillens Ave	0.50mi	3/2.0	1,573 (+13%)	3mo	$303,685	$193	52
545 Gristmill Ln	0.74mi	3/2.0	1,250 (-10%)	8mo	$238,000	$190	42
324 Deer Creek Rd	0.55mi	3/2.0	1,591 (+15%)	10mo	$264,900	$166	41

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 · 0.11% rent growth · sell at horizon

5-year hold

• IRR: -16.5%
• Equity multiple: 0.43×
• Total profit: $-27,746
• Equity at exit: $26,093

10-year hold

• IRR: -15.6%
• Equity multiple: 0.25×
• Total profit: $-36,649
• Equity at exit: $15,131

Cash invested: $49,000 (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.

Methodology + full state rankings →

ZIP-level market 76140

• Home prices YoY: -21.8%
• Rents YoY: 0.1%
• Active inventory: 389
• Price-to-rent: 7.8×

Monthly cashflow live

• Estimated rent: $1,869 high
• Mortgage (P&I): −$918
• Tax from tax record: −$395 /mo · $4,746/yr
• Insurance: −$73
• HOA: −$0
• Vacancy / Maint / Mgmt: −$392
• Net cashflow: $90

Break-even live

Break-even rent $1,755

Max offer price $175,000

Occupancy floor 90%

Sensitivity live

Price	-10% $189	-5% $140	+0% $90	+5% $41	+10% $-9
Rent	-10% $-57	-5% $17	+0% $90	+5% $164	+10% $238
Rate	-1.0pp $179	-0.5pp $135	base $90	+0.5pp $45	+1.0pp $-1

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: $43,750
• Closing costs: $5,250
• Reserves months: —
• Total cash needed: —

Rent comps 37 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3148 Evangeline Rd Fort Worth, TX	3.0	2.0	1703	$1,974	$1.16	21d	1	0.42mi
3137 Evangeline Rd Fort Worth, TX	3.0	2.0	1637	$1,995	$1.22	44d	1	0.46mi
514 Thompson Pl Fort Worth, TX	4.0	2.5	1687	$2,155	$1.28	44d	1	0.77mi
512 Sussex Dr Fort Worth, TX	3.0	2.0	1307	$1,935	$1.48	44d	1	0.81mi
108 Rosings Pl Fort Worth, TX	4.0	2.5	1753	$2,100	$1.20	44d	1	0.82mi
435 Sussex Dr Fort Worth, TX	3.0	2.0	1307	$1,935	$1.48	44d	1	0.82mi
9004 Apple Orchard Ln Fort Worth, TX	3.0–4.0	2.5	1514	$2,099	$1.39	0d	7	0.87mi
9004 Apple Orchard Ln Fort Worth, TX	3.0–4.0	2.5	1514	$2,419	$1.60	16d	2	0.87mi
3402 Colonial Dr Unit 7323 Forest Hill, TX	3.0	1.5	1133	$1,650	$1.46	44d	1	0.88mi
1645 Verdin RD Fort Worth, TX	3.0	2.0	1033	$1,700	$1.65	13d	1	0.96mi
3425 Republic Dr Forest Hill, TX	3.0	2.0	1300	$1,600	$1.23	44d	1	0.98mi
3427 Republic Dr Forest Hill, TX	3.0	2.0	1300	$1,600	$1.23	25d	1	0.98mi
713 Heathcliff Dr Fort Worth, TX	3.0	2.0	1059	$1,850	$1.75	44d	1	1.03mi
3334 Heritage Ln Forest Hill, TX	3.0	2.0	1300	$1,800	$1.38	44d	1	1.03mi
7299 Forest Hill Dr Forest Hill, TX	3.0	2.0	1400	$1,799	$1.28	44d	1	1.04mi
7299 Forest Hill Dr Forest Hill, TX	3.0	2.0	1402	$1,850	$1.32	25d	1	1.04mi
3401 Heritage Ln Forest Hill, TX	3.0	2.5	1400	$1,799	$1.28	13d	1	1.05mi
7453 Darien St Fort Worth, TX	3.0	2.0	1152	$1,595	$1.38	25d	1	1.06mi
3331 Brambleton Hill Pl Forest Hill, TX	3.0	2.5	1400	$1,850	$1.32	8d	1	1.09mi
3319 Brambleton Hill Pl Forest Hill, TX	3.0	2.5	1400	$1,799	$1.28	44d	1	1.09mi
3311 Brambleton Hill Pl Forest Hill, TX	3.0	2.5	1400	$1,799	$1.28	18d	1	1.10mi
3137 Pecan Farm Ln Fort Worth, TX	3.0	2.5	1592	$2,200	$1.38	44d	1	1.10mi
7517 Marlinda Cir Fort Worth, TX	3.0	2.0	1314	$1,820	$1.39	23d	1	1.16mi
9000 Balch St Unit 512 Everman, TX	2.0	2.0	1100	$966	$0.88	0d	1	1.18mi
9000 Balch St Unit 612 Everman, TX	3.0	2.0	1277	$1,093	$0.86	0d	1	1.18mi
7483 Tiffany Meadows Ln Fort Worth, TX	2.0	2.0	1067	$1,365	$1.28	44d	1	1.23mi
7471 Tiffany Meadows Ln Fort Worth, TX	2.0	1.0	1108	$1,350	$1.22	44d	1	1.25mi
8057 Moonmist Cir Unit 25 Fort Worth, TX	2.0	1.5	924	$1,300	$1.41	44d	1	1.27mi
9053 S Race St Unit 9110 Fort Worth, TX	2.0	2.0	1072	$1,186	$1.11	0d	1	1.31mi
9053 S Race St Unit 9086 Fort Worth, TX	3.0	2.0	1185	$1,464	$1.24	44d	1	1.31mi
9053 S Race St Unit 9080 Fort Worth, TX	2.0	2.0	1072	$1,272	$1.19	44d	1	1.31mi
9053 S Race St Unit 9086 Fort Worth, TX	3.0	2.0	1185	$1,570	$1.32	13d	1	1.31mi
9053 S Race St Unit 9086 Fort Worth, TX	3.0	2.0	1185	$1,413	$1.19	0d	1	1.31mi
9053 S Race St Unit 2121 Fort Worth, TX	2.0	2.0	1072	$1,227	$1.14	0d	1	1.31mi
9053 S Race St Unit 3121 Fort Worth, TX	3.0	2.0	1185	$1,464	$1.24	0d	1	1.31mi
3022 Autumn Run Dr Forest Hill, TX	4.0	2.0	1690	$1,979	$1.17	23d	1	1.41mi
3100 Valley Forge Trl Forest Hill, TX	3.0	2.0	1211	$4,500	$3.72	0d	1	1.47mi

Listing history 16 events

1. 2026-05-13
   historical Active Option Contract 543-char remark

   Show marketing remark (543 chars)

   Priced under market value! Calling rental investors or handymen & women! TLC needed. The house has great features such as laminate flooring, granite countertops, a flex space, HUGE BACK PATIO COVER and an extra large lot. Roof and gutters are only 3 years old. Separate dining area included. EXCELLENT FLOOR PLAN THAT WASTES NO SPACE. Single car garage .. The backyard patio cover has an enormous steel frame patio cover. You will LOVE the backyard. 3 bedrooms, 2 bathrooms, 1 flex space. Call to see! Needs repair but priced accordingly!

2. 2026-03-25
   price $175,000 543-char remark

   Show marketing remark (543 chars)

   Priced under market value! Calling rental investors or handymen & women! TLC needed. The house has great features such as laminate flooring, granite countertops, a flex space, HUGE BACK PATIO COVER and an extra large lot. Roof and gutters are only 3 years old. Separate dining area included. EXCELLENT FLOOR PLAN THAT WASTES NO SPACE. Single car garage .. The backyard patio cover has an enormous steel frame patio cover. You will LOVE the backyard. 3 bedrooms, 2 bathrooms, 1 flex space. Call to see! Needs repair but priced accordingly!

3. 2026-02-26
   listed $195,000 Active 543-char remark

   Show marketing remark (543 chars)

   Priced under market value! Calling rental investors or handymen & women! TLC needed. The house has great features such as laminate flooring, granite countertops, a flex space, HUGE BACK PATIO COVER and an extra large lot. Roof and gutters are only 3 years old. Separate dining area included. EXCELLENT FLOOR PLAN THAT WASTES NO SPACE. Single car garage .. The backyard patio cover has an enormous steel frame patio cover. You will LOVE the backyard. 3 bedrooms, 2 bathrooms, 1 flex space. Call to see! Needs repair but priced accordingly!

4. 2017-04-03
   soldstatus Sold 461-char remark

   Show marketing remark (461 chars)

   Beautifully remodelled New wood vinyl plank flooring, new paint, new GRANITE COUNTERTOPS and UNDERMOUNT SINK, nice black GAS COOKTOP, dishwasher and oven has broiler. Large living area and all bathrooms have granite countertops, new toilets and fresh paint. Master is large with nice bathroom. Huge backyard! Remodelled property means less to no deferred maintenance. Build wealth through equity while earning income. Call listing agent for the income numbers.

5. 2017-04-03
   soldstatus

   Show marketing remark (461 chars)

   Beautifully remodelled New wood vinyl plank flooring, new paint, new GRANITE COUNTERTOPS and UNDERMOUNT SINK, nice black GAS COOKTOP, dishwasher and oven has broiler. Large living area and all bathrooms have granite countertops, new toilets and fresh paint. Master is large with nice bathroom. Huge backyard! Remodelled property means less to no deferred maintenance. Build wealth through equity while earning income. Call listing agent for the income numbers.

6. 2017-03-13
   status Pending 461-char remark

   Show marketing remark (461 chars)

   Beautifully remodelled New wood vinyl plank flooring, new paint, new GRANITE COUNTERTOPS and UNDERMOUNT SINK, nice black GAS COOKTOP, dishwasher and oven has broiler. Large living area and all bathrooms have granite countertops, new toilets and fresh paint. Master is large with nice bathroom. Huge backyard! Remodelled property means less to no deferred maintenance. Build wealth through equity while earning income. Call listing agent for the income numbers.

7. 2017-03-05
   historical Active Option Contract 461-char remark

   Show marketing remark (461 chars)

   Beautifully remodelled New wood vinyl plank flooring, new paint, new GRANITE COUNTERTOPS and UNDERMOUNT SINK, nice black GAS COOKTOP, dishwasher and oven has broiler. Large living area and all bathrooms have granite countertops, new toilets and fresh paint. Master is large with nice bathroom. Huge backyard! Remodelled property means less to no deferred maintenance. Build wealth through equity while earning income. Call listing agent for the income numbers.

8. 2017-02-24
   listed $125,000 Active 461-char remark

   Show marketing remark (461 chars)

   Beautifully remodelled New wood vinyl plank flooring, new paint, new GRANITE COUNTERTOPS and UNDERMOUNT SINK, nice black GAS COOKTOP, dishwasher and oven has broiler. Large living area and all bathrooms have granite countertops, new toilets and fresh paint. Master is large with nice bathroom. Huge backyard! Remodelled property means less to no deferred maintenance. Build wealth through equity while earning income. Call listing agent for the income numbers.

9. 2016-11-23
   soldstatus Sold
10. 2016-11-16
    soldstatus
11. 2016-11-11
    status Pending
12. 2016-10-18
    price $78,000
13. 2016-09-11
    listed $80,000 Active
14. 2011-03-25
    historical
15. 2011-03-22
    listed $50,000 Active
16. 1997-01-27
    soldstatus

ⓘ 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: $4,746 · $395/mo
• Projected year-2 tax: $4,746 · $395/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 4/10 Moderate
• 🌡 Heat 7/10 Severe 7 d/yr ≥110°F today · 25 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,428
• − Mortgage interest: −$9,803
• − Property taxes: −$4,746
• − Insurance: −$875
• − Repairs & maintenance: −$1,794
• − Management: −$1,794
• − Depreciation: −$5,091
• Taxable loss: −$1,675
• Est. tax savings @ 24.0%: +$402
• After-tax cash flow: $1,487/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: Everman ISD
• NCES district ID: 4818810
• Math proficiency: 21% ▼ -18.00%
• Reading proficiency: 32% ▼ -4.00%
• Median HH income: $44,803
• Composite: 22.77/100
• National rank: #8027
• State rank: #691 of 826 in TX

Livability — Everman

• Score: 62/100
• State rank: #976
• US rank: #17265

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Everman, TX
• County: Tarrant County · 2,033,669 people
• City population: 33,321
• Metro: Dallas-Fort Worth-Arlington, TX
• Population (ZIP): 33,321
• Household income: $75,955
• Rent vs Own: 31.6% rent · 68.4% own
• Severe rent burden: 1264.0

Population outlook (Tarrant County) Hauer SSP2

• Today (2025): 2,380,417 people
• By 2030: 2,578,900 · +8.3%
• By 2040: 2,974,995 · +25.0%
• By 2050: 3,350,489 · +40.8%
• By 2075: 4,216,909 · +77.2%
• By 2100: 4,741,527 · +99.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.68)
• Race & ethnicity: Hispanic / Latino 39% Black 35% White 20% Two or more races 14% Asian 3%
• Hispanic origin (detail): Mexican 36%
• Common ancestry: Scotch-Irish 2% Lithuanian 1% Slovak 1%
• Foreign-born: 18% · Canada, Vietnam, China
• Languages at home: 64% English-only · Spanish 32% Vietnamese 2% Chinese 1%

Political lean MEDSL · Tarrant

• 2024 margin: Lean R (+5.1) · D 46.7% · R 51.9% · Other 1.4%
• 2008→2024 swing: +6.6pp toward D · 2008: -11.7pp · 2024: -5.1pp
• All cycles: 2024: R+5.1 2020: D+0.2 2016: R+8.7 2012: R+15.7 2008: R+11.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -79.54%
• Current HPI: 285.9894
• Rent YoY: ▲ 0.11%
• Metro: Dallas-Fort Worth-Arlington, TX
• State GDP YoY: ▲ 3.95%
• F500 in state: 110

Industry mix (Fortune 500 HQ in TX)

Industry	F500 HQs	Revenue
▸Energy	16	$1,198B
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

+250.0% since first listed

16 events — show timeline

• 2026-05-13 Contingent — NTREIS
• 2026-03-25 Price Changed $175,000 NTREIS
• 2026-02-26 Listed $195,000 NTREIS
• 2017-04-03 Sold (Public Records) — Public Records
• 2017-04-03 Sold (MLS) — NTREIS
• 2017-03-13 Pending — NTREIS
• 2017-03-05 Contingent — NTREIS
• 2017-02-24 Listed $125,000 NTREIS
• 2016-11-23 Sold (MLS) — NTREIS
• 2016-11-16 Sold (Public Records) — Public Records
• 2016-11-11 Pending — NTREIS
• 2016-10-18 Price Changed $78,000 NTREIS
• 2016-09-11 Listed $80,000 NTREIS
• 2011-03-25 Listing Removed — NTREIS
• 2011-03-22 Listed $50,000 NTREIS
• 1997-01-27 Sold (Public Records) — Public Records

Property tax history

+6.6%/yr

Latest (2025): $4,746 · +7.3% YoY. Source: county tax records.