801 4th St · Smyer, TX 79367

$155,000

3 bd · 2.0 ba · 1,525 sqft · SingleFamily · 1 Days on market

Built 1994 10,799 sqft lot ↓ 6% since listing

---

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).

• Cash flow +9.2/30.0
• ARV discount +7.5/15.0
• Appreciation +5.4/10.0
• Schools +4.1/10.0
• Livability +3.4/5.0
• 1% rule +2.8/10.0
• DSCR +2.6/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Fresh Price Reduction!!! - Welcome to 801 4th St in Smyer, TX — a spacious and beautifully updated 2-bedroom, 2-bath home offering 1,525 square feet of flexible living space. One of the highlights of this property is a large additional room that offers endless potential. Whether you need a third bedroom, a dedicated home office, or a formal dining area, this oversized bonus room is ready to adapt to your lifestyle. The home features an open-concept layout with marble-look tile flooring, a fully updated kitchen with granite countertops, modern black cabinetry, stainless steel appliances, and a walk-in pantry. A bright sunroom adds even more space to relax or entertain. The two main bedrooms are generously sized with original hardwood floors and easy access to two full bathrooms. Sitting on a spacious double lot with mature shade trees, a covered carport, and plenty of outdoor space, this home also boasts a prime location just a 1-minute walk from Smyer ISD schools. Enjoy the peace of small-town living with the convenience of being only 20 minutes from Lubbock. This home is a must-see!

Key facts

• Large sunroom
• Updated kitchen
• Mature trees

Tags

• UPDATED KITCHEN
• LARGE SUNROOM
• MATURE TREES

Property features AI

Finance

• Other: Annual tax amount listed

Exterior

• Parking: 2-space carport
• Home design: Single-family residence; Residential property; Single-family zoning
• Construction: Lap siding exterior; Metal roof; Pillar/post/pier foundation; Built area: 1,525 (above grade)
• Exterior features: Exterior storage; Wood fencing; Paved road access

Interior

• Kitchen: Electric range
• Flooring: Hardwood floors; Vinyl floors
• Bathrooms: 2 full bathrooms
• Heating & cooling: Natural gas heating; Ceiling fans for cooling; Wall/window air conditioning units
• Interior features: Ceiling fans; Pantry; Storage (interior)

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $155k.

Deal economics

• At list price, monthly cash flow is $-117 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $138k (10.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $121k (22.1% below list).
• Recommended offer: $121k (22.1% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 67/100 on livability (#581 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: health & safety C-, schools D+, crime F.
• Smyer ISD (rural): math 49% / reading 47% proficiency, ranked #206 of 826 in TX (top 25%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 11 active listings in the ZIP; 7 units permitted in Hockley County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $2k of equity ($1k loan paydown + $1k appreciation (0.9% local appreciation)).
• Hockley County population projected at +21% 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.
• 2 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

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 $120,817 (22.1% 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. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. Crime grade is F 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?
5. 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?
6. 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.
7. 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.
8. 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: 0.78% ✗
• Cap rate: 5.39%
• Cash-on-cash: -3.23%
• DSCR: 0.86
• GRM: 10.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

0.86% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -2.6%
• Equity multiple: 0.87×
• Total profit: $-5,544
• Equity at exit: $51,822

10-year hold

• IRR: 2.6%
• Equity multiple: 1.31×
• Total profit: $13,523
• Equity at exit: $68,029

Cash invested: $43,400 (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 79367

• Home prices YoY: 0.9%
• Active inventory: 11
• Price-to-rent: 10.7×

Monthly cashflow live

• Estimated rent: $1,208 medium
• Mortgage (P&I): −$813
• Tax est. 1.5%: −$194 /mo · $2,325/yr
• Insurance: −$65
• HOA: −$0
• Vacancy / Maint / Mgmt: −$254
• Net cashflow: $-117

Break-even live

Break-even rent $1,356

Max offer price $138,111

Occupancy floor —

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: $38,750
• Closing costs: $4,650
• Reserves months: —
• Total cash needed: —

Listing history 24 events

1. 2026-06-18
   days on marketlisting id $155,000 Active 1 DOM
2. 2026-06-18
   days on market $155,000 Active 42 DOM
3. 2026-06-17
   price $155,000 Active 41 DOM
4. 2026-06-17
   days on market $160,000 Active 41 DOM
5. 2026-06-16
   days on market $160,000 Active 40 DOM
6. 2026-06-15
   days on market $160,000 Active 39 DOM
7. 2026-06-14
   days on market $160,000 Active 37 DOM
8. 2026-06-10
   days on market $160,000 Active 34 DOM
9. 2026-06-09
   days on market $160,000 Active 33 DOM
10. 2026-06-08
    days on market $160,000 Active 32 DOM
11. 2026-06-07
    days on market $160,000 Active 31 DOM
12. 2026-06-03
    days on market $160,000 Active 27 DOM
13. 2026-06-02
    days on market $160,000 Active 26 DOM
14. 2026-06-01
    days on market $160,000 Active 25 DOM
15. 2026-05-31
    days on market $160,000 Active 24 DOM
16. 2026-05-30
    days on market $160,000 Active 23 DOM
17. 2026-05-07
    listed $160,000 Active 980-char remark
18. 2025-10-15
    soldstatus Closed 1106-char remark

    Show marketing remark (1106 chars)

    Fresh Price Reduction!!! - Welcome to 801 4th St in Smyer, TX — a spacious and beautifully updated 2-bedroom, 2-bath home offering 1,525 square feet of flexible living space. One of the highlights of this property is a large additional room that offers endless potential. Whether you need a third bedroom, a dedicated home office, or a formal dining area, this oversized bonus room is ready to adapt to your lifestyle. The home features an open-concept layout with marble-look tile flooring, a fully updated kitchen with granite countertops, modern black cabinetry, stainless steel appliances, and a walk-in pantry. A bright sunroom adds even more space to relax or entertain. The two main bedrooms are generously sized with original hardwood floors and easy access to two full bathrooms. Sitting on a spacious double lot with mature shade trees, a covered carport, and plenty of outdoor space, this home also boasts a prime location just a 1-minute walk from Smyer ISD schools. Enjoy the peace of small-town living with the convenience of being only 20 minutes from Lubbock. This home is a must-see!

19. 2025-09-20
    status Pending 1106-char remark

    Show marketing remark (1106 chars)

    Fresh Price Reduction!!! - Welcome to 801 4th St in Smyer, TX — a spacious and beautifully updated 2-bedroom, 2-bath home offering 1,525 square feet of flexible living space. One of the highlights of this property is a large additional room that offers endless potential. Whether you need a third bedroom, a dedicated home office, or a formal dining area, this oversized bonus room is ready to adapt to your lifestyle. The home features an open-concept layout with marble-look tile flooring, a fully updated kitchen with granite countertops, modern black cabinetry, stainless steel appliances, and a walk-in pantry. A bright sunroom adds even more space to relax or entertain. The two main bedrooms are generously sized with original hardwood floors and easy access to two full bathrooms. Sitting on a spacious double lot with mature shade trees, a covered carport, and plenty of outdoor space, this home also boasts a prime location just a 1-minute walk from Smyer ISD schools. Enjoy the peace of small-town living with the convenience of being only 20 minutes from Lubbock. This home is a must-see!

20. 2025-09-05
    price $135,000 1106-char remark

    Show marketing remark (1106 chars)

    Fresh Price Reduction!!! - Welcome to 801 4th St in Smyer, TX — a spacious and beautifully updated 2-bedroom, 2-bath home offering 1,525 square feet of flexible living space. One of the highlights of this property is a large additional room that offers endless potential. Whether you need a third bedroom, a dedicated home office, or a formal dining area, this oversized bonus room is ready to adapt to your lifestyle. The home features an open-concept layout with marble-look tile flooring, a fully updated kitchen with granite countertops, modern black cabinetry, stainless steel appliances, and a walk-in pantry. A bright sunroom adds even more space to relax or entertain. The two main bedrooms are generously sized with original hardwood floors and easy access to two full bathrooms. Sitting on a spacious double lot with mature shade trees, a covered carport, and plenty of outdoor space, this home also boasts a prime location just a 1-minute walk from Smyer ISD schools. Enjoy the peace of small-town living with the convenience of being only 20 minutes from Lubbock. This home is a must-see!

21. 2025-08-12
    price $144,999 1106-char remark

    Show marketing remark (1106 chars)

    Fresh Price Reduction!!! - Welcome to 801 4th St in Smyer, TX — a spacious and beautifully updated 2-bedroom, 2-bath home offering 1,525 square feet of flexible living space. One of the highlights of this property is a large additional room that offers endless potential. Whether you need a third bedroom, a dedicated home office, or a formal dining area, this oversized bonus room is ready to adapt to your lifestyle. The home features an open-concept layout with marble-look tile flooring, a fully updated kitchen with granite countertops, modern black cabinetry, stainless steel appliances, and a walk-in pantry. A bright sunroom adds even more space to relax or entertain. The two main bedrooms are generously sized with original hardwood floors and easy access to two full bathrooms. Sitting on a spacious double lot with mature shade trees, a covered carport, and plenty of outdoor space, this home also boasts a prime location just a 1-minute walk from Smyer ISD schools. Enjoy the peace of small-town living with the convenience of being only 20 minutes from Lubbock. This home is a must-see!

22. 2025-07-29
    price $154,000 1106-char remark

    Show marketing remark (1106 chars)

    Fresh Price Reduction!!! - Welcome to 801 4th St in Smyer, TX — a spacious and beautifully updated 2-bedroom, 2-bath home offering 1,525 square feet of flexible living space. One of the highlights of this property is a large additional room that offers endless potential. Whether you need a third bedroom, a dedicated home office, or a formal dining area, this oversized bonus room is ready to adapt to your lifestyle. The home features an open-concept layout with marble-look tile flooring, a fully updated kitchen with granite countertops, modern black cabinetry, stainless steel appliances, and a walk-in pantry. A bright sunroom adds even more space to relax or entertain. The two main bedrooms are generously sized with original hardwood floors and easy access to two full bathrooms. Sitting on a spacious double lot with mature shade trees, a covered carport, and plenty of outdoor space, this home also boasts a prime location just a 1-minute walk from Smyer ISD schools. Enjoy the peace of small-town living with the convenience of being only 20 minutes from Lubbock. This home is a must-see!

23. 2025-06-22
    price $159,000 1106-char remark

    Show marketing remark (1106 chars)

    Fresh Price Reduction!!! - Welcome to 801 4th St in Smyer, TX — a spacious and beautifully updated 2-bedroom, 2-bath home offering 1,525 square feet of flexible living space. One of the highlights of this property is a large additional room that offers endless potential. Whether you need a third bedroom, a dedicated home office, or a formal dining area, this oversized bonus room is ready to adapt to your lifestyle. The home features an open-concept layout with marble-look tile flooring, a fully updated kitchen with granite countertops, modern black cabinetry, stainless steel appliances, and a walk-in pantry. A bright sunroom adds even more space to relax or entertain. The two main bedrooms are generously sized with original hardwood floors and easy access to two full bathrooms. Sitting on a spacious double lot with mature shade trees, a covered carport, and plenty of outdoor space, this home also boasts a prime location just a 1-minute walk from Smyer ISD schools. Enjoy the peace of small-town living with the convenience of being only 20 minutes from Lubbock. This home is a must-see!

24. 2025-06-06
    listed $165,000 Active 1106-char remark

    Show marketing remark (1106 chars)

    Fresh Price Reduction!!! - Welcome to 801 4th St in Smyer, TX — a spacious and beautifully updated 2-bedroom, 2-bath home offering 1,525 square feet of flexible living space. One of the highlights of this property is a large additional room that offers endless potential. Whether you need a third bedroom, a dedicated home office, or a formal dining area, this oversized bonus room is ready to adapt to your lifestyle. The home features an open-concept layout with marble-look tile flooring, a fully updated kitchen with granite countertops, modern black cabinetry, stainless steel appliances, and a walk-in pantry. A bright sunroom adds even more space to relax or entertain. The two main bedrooms are generously sized with original hardwood floors and easy access to two full bathrooms. Sitting on a spacious double lot with mature shade trees, a covered carport, and plenty of outdoor space, this home also boasts a prime location just a 1-minute walk from Smyer ISD schools. Enjoy the peace of small-town living with the convenience of being only 20 minutes from Lubbock. This home is a must-see!

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 5/10 Major 7 d/yr ≥99°F today · 21 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,498
• − Mortgage interest: −$8,682
• − Property taxes: −$2,325
• − Insurance: −$775
• − Repairs & maintenance: −$1,160
• − Management: −$1,160
• − Depreciation: −$4,509
• Taxable loss: −$4,113
• Est. tax savings @ 24.0%: +$987
• After-tax cash flow: $-413/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: Smyer ISD
• NCES district ID: 4840590
• Math proficiency: 49% ▲ 15.00%
• Reading proficiency: 47% ▲ 9.00%
• Median HH income: $49,331
• Composite: 41.08/100
• National rank: #3574
• State rank: #206 of 826 in TX

Livability — Smyer

• Score: 67/100
• State rank: #581
• US rank: #11104

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Smyer, TX
• City population: 602
• Population (ZIP): 602

Population outlook (Hockley County) Hauer SSP2

• Today (2025): 25,295 people
• By 2030: 26,230 · +3.7%
• By 2040: 28,268 · +11.8%
• By 2050: 30,536 · +20.7%
• By 2075: 36,867 · +45.7%
• By 2100: 40,662 · +60.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority White (59%)
• Race & ethnicity: White 59% Hispanic / Latino 32% Two or more races 30% Black 2%
• Hispanic origin (detail): Mexican 32%
• Common ancestry: Slovak 2% Italian 2% Lithuanian 1%
• Foreign-born: 0% · Canada
• Languages at home: 84% English-only · Spanish 16%

Political lean MEDSL · Hockley

• 2024 margin: Solid R (+66.3) · D 16.6% · R 82.8%
• 2008→2024 swing: -14.0pp toward R · 2008: -52.3pp · 2024: -66.3pp
• All cycles: 2024: R+66.3 2020: R+62.4 2016: R+62.3 2012: R+57.0 2008: R+52.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 0.86%
• Current HPI: 99.9061
• Rent YoY: —
• Metro: —
• 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

-6.1% since first listed

9 events — show timeline

• 2026-06-17 Price Changed $155,000 LARMLS
• 2026-05-07 Listed $160,000 LARMLS
• 2025-10-15 Sold (MLS) — LARMLS
• 2025-09-20 Pending — LARMLS
• 2025-09-05 Price Changed $135,000 LARMLS
• 2025-08-12 Price Changed $144,999 LARMLS
• 2025-07-29 Price Changed $154,000 LARMLS
• 2025-06-22 Price Changed $159,000 LARMLS
• 2025-06-06 Listed $165,000 LARMLS