1513 Lawdwin Ave · Bridgeport, TX 76426

$144,900

4 bd · 1.0 ba · 1,309 sqft · SingleFamily public records · 180 Days on market

Built 1960 9,104 sqft lot $111/sqft · 38% below area Est $232k · 38% under

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Why this score? — see what drove the B+ 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 +27.4/30.0
• ARV discount +15.0/15.0
• DSCR +9.6/10.0
• 1% rule +8.0/10.0
• Appreciation +4.6/10.0
• Schools +3.6/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Is a move in your future? Check out this cute 4 bedroom 2 full bath home plus single car carport on .20 acre lot of mature trees, covered patio, open deck and chain link fenced back yard. Property was partially updated in 2022. Split primary bedroom floorplan. Laminate flooring and 2 inch blinds throughout. Granite counters and farm sink in the eatin kitchen. Briing your decorating ideas and make this your new home. Book your showing today!

Key facts

• Open deck
• Partially updated
• Covered patio

Tags

• COVERED PATIO
• OPEN DECK
• CHAIN LINK FENCED BACK YARD
• PARTIALLY UPDATED
• GRANITE COUNTERS
• FARM SINK

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $145k.

Deal economics

• At list price, monthly cash flow is $423 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $145k).
• Recommended offer: $128k (12.0% below list) — sets the bar for market timing.
• Cap rate 9.8% vs local median 3.3% in Bridgeport — 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 68/100 on livability (#472 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime B+; Watch: health & safety D+, schools F, amenities F.
• Bridgeport ISD (rural): math 41% / reading 41% proficiency, ranked #356 of 826 in TX (top 43%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 338 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals leasing fast (median 2d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 460 units permitted in Wise County in 2024 (243 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-0.8%/yr); year-one equity from $1k of loan paydown is wiped out by about $1k of value loss. Plan a longer hold.
• Wise County population projected at +27% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-0.8% appreciation + 3.0% rent growth), your $41k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• It's been on market 180 days — a 12% lower offer ($128k) is reasonable based on typical stale-listing flexibility.
• 12 sale attempts since 23y ago; this cycle's ask has dropped $65k (31%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: major wildfire risk; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $127,512 (12.0% below list)

Questions for the listing agent

1. It's been on market 180 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1960 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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 F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
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: 1.30% ✓
• Cap rate: 9.80%
• Cash-on-cash: 12.51%
• DSCR: 1.56
• GRM: 6.4

CMA / ARV

• ARV (median comp): $231,898
• List price: $144,900
• Delta: -37.52%
• 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
1513 Lawdwin Ave	0.00mi	4/2.0	1,309 (0%)	1mo	$144,900	$111	95
1512 Edison Ave	0.14mi	3/1.0 (-1)	1,304 (-0%)	2mo	$180,000	$138	86
1024 Newby Ave	0.19mi	3/2.0 (-1)	1,341 (+2%)	12mo	$229,000	$171	68
1001 Turkey Creek Ct	0.44mi	3/2.0 (-1)	1,325 (+1%)	1mo	$249,000	$188	67
1001 Newby Ave	0.33mi	3/2.0 (-1)	1,380 (+5%)	3mo	$237,500	$172	64
1809 Stevens St	0.54mi	3/1.5 (-1)	1,300 (-1%)	10mo	$205,000	$158	58
1022 Wootton Ave	0.20mi	3/2.0 (-1)	1,435 (+10%)	9mo	$209,500	$146	58
2007 Edgewood Dr	0.45mi	3/2.0 (-1)	1,400 (+7%)	3mo	$268,000	$191	56
284 Rainwater Ln	0.59mi	3/2.0 (-1)	1,405 (+7%)	2mo	$259,990	$185	50
1501 Cates St	0.64mi	3/2.5 (-1)	1,336 (+2%)	12mo	$279,000	$209	45
146 Nottingham Cir	0.44mi	3/2.0 (-1)	1,422 (+9%)	13mo	$199,900	$141	45
1101 Carpenter St	0.52mi	3/2.0 (-1)	1,464 (+12%)	11mo	$215,000	$147	38

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

Projected returns pro-forma

-0.82% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 9.4%
• Equity multiple: 1.43×
• Total profit: $17,273
• Equity at exit: $36,230

10-year hold

• IRR: 15.3%
• Equity multiple: 2.55×
• Total profit: $63,035
• Equity at exit: $39,123

Cash invested: $40,572 (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 76426

• Home prices YoY: -0.2%
• Active inventory: 338
• Price-to-rent: 6.4×

Monthly cashflow live

• Estimated rent: $1,887 medium
• Mortgage (P&I): −$760
• Tax from tax record: −$248 /mo · $2,971/yr
• Insurance: −$60
• HOA: −$0
• Vacancy / Maint / Mgmt: −$396
• Net cashflow: $423

Break-even live

Break-even rent $1,352

Max offer price $144,900

Occupancy floor 73%

Sensitivity live

Price	-10% $505	-5% $464	+0% $423	+5% $382	+10% $341
Rent	-10% $274	-5% $348	+0% $423	+5% $497	+10% $572
Rate	-1.0pp $496	-0.5pp $460	base $423	+0.5pp $385	+1.0pp $347

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: $36,225
• Closing costs: $4,347
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1305 Edison St Unit B Bridgeport, TX	3.0	2.0	1260	$1,695	$1.35	2d	1	0.19mi
2104 2nd Ave Bridgeport, TX	4.0	2.0	1683	$1,900	$1.13	2d	1	0.35mi
314 Cobb St Bridgeport, TX	3.0	2.0	1490	$1,800	$1.21	5d	1	1.21mi

Listing history 43 events

1. 2026-05-14
   status Pending 444-char remark

   Show marketing remark (444 chars)

   Is a move in your future? Check out this cute 4 bedroom 2 full bath home plus single car carport on .20 acre lot of mature trees, covered patio, open deck and chain link fenced back yard. Property was partially updated in 2022. Split primary bedroom floorplan. Laminate flooring and 2 inch blinds throughout. Granite counters and farm sink in the eatin kitchen. Briing your decorating ideas and make this your new home. Book your showing today!

2. 2026-04-30
   price $144,900 444-char remark

   Show marketing remark (444 chars)

   Is a move in your future? Check out this cute 4 bedroom 2 full bath home plus single car carport on .20 acre lot of mature trees, covered patio, open deck and chain link fenced back yard. Property was partially updated in 2022. Split primary bedroom floorplan. Laminate flooring and 2 inch blinds throughout. Granite counters and farm sink in the eatin kitchen. Briing your decorating ideas and make this your new home. Book your showing today!

3. 2026-03-30
   price $159,900 444-char remark

   Show marketing remark (444 chars)

   Is a move in your future? Check out this cute 4 bedroom 2 full bath home plus single car carport on .20 acre lot of mature trees, covered patio, open deck and chain link fenced back yard. Property was partially updated in 2022. Split primary bedroom floorplan. Laminate flooring and 2 inch blinds throughout. Granite counters and farm sink in the eatin kitchen. Briing your decorating ideas and make this your new home. Book your showing today!

4. 2026-02-27
   status Active 444-char remark

   Show marketing remark (444 chars)

   Is a move in your future? Check out this cute 4 bedroom 2 full bath home plus single car carport on .20 acre lot of mature trees, covered patio, open deck and chain link fenced back yard. Property was partially updated in 2022. Split primary bedroom floorplan. Laminate flooring and 2 inch blinds throughout. Granite counters and farm sink in the eatin kitchen. Briing your decorating ideas and make this your new home. Book your showing today!

5. 2026-02-17
   historical Active Option Contract 444-char remark

   Show marketing remark (444 chars)

   Is a move in your future? Check out this cute 4 bedroom 2 full bath home plus single car carport on .20 acre lot of mature trees, covered patio, open deck and chain link fenced back yard. Property was partially updated in 2022. Split primary bedroom floorplan. Laminate flooring and 2 inch blinds throughout. Granite counters and farm sink in the eatin kitchen. Briing your decorating ideas and make this your new home. Book your showing today!

6. 2026-02-06
   status Active 444-char remark

   Show marketing remark (444 chars)

   Is a move in your future? Check out this cute 4 bedroom 2 full bath home plus single car carport on .20 acre lot of mature trees, covered patio, open deck and chain link fenced back yard. Property was partially updated in 2022. Split primary bedroom floorplan. Laminate flooring and 2 inch blinds throughout. Granite counters and farm sink in the eatin kitchen. Briing your decorating ideas and make this your new home. Book your showing today!

7. 2026-01-27
   status Pending 444-char remark

   Show marketing remark (444 chars)

   Is a move in your future? Check out this cute 4 bedroom 2 full bath home plus single car carport on .20 acre lot of mature trees, covered patio, open deck and chain link fenced back yard. Property was partially updated in 2022. Split primary bedroom floorplan. Laminate flooring and 2 inch blinds throughout. Granite counters and farm sink in the eatin kitchen. Briing your decorating ideas and make this your new home. Book your showing today!

8. 2026-01-17
   price $174,900 444-char remark

   Show marketing remark (444 chars)

   Is a move in your future? Check out this cute 4 bedroom 2 full bath home plus single car carport on .20 acre lot of mature trees, covered patio, open deck and chain link fenced back yard. Property was partially updated in 2022. Split primary bedroom floorplan. Laminate flooring and 2 inch blinds throughout. Granite counters and farm sink in the eatin kitchen. Briing your decorating ideas and make this your new home. Book your showing today!

9. 2025-12-11
   price $189,900 444-char remark

   Show marketing remark (444 chars)

   Is a move in your future? Check out this cute 4 bedroom 2 full bath home plus single car carport on .20 acre lot of mature trees, covered patio, open deck and chain link fenced back yard. Property was partially updated in 2022. Split primary bedroom floorplan. Laminate flooring and 2 inch blinds throughout. Granite counters and farm sink in the eatin kitchen. Briing your decorating ideas and make this your new home. Book your showing today!

10. 2025-11-03
    listed $209,900 Active 444-char remark

    Show marketing remark (444 chars)

    Is a move in your future? Check out this cute 4 bedroom 2 full bath home plus single car carport on .20 acre lot of mature trees, covered patio, open deck and chain link fenced back yard. Property was partially updated in 2022. Split primary bedroom floorplan. Laminate flooring and 2 inch blinds throughout. Granite counters and farm sink in the eatin kitchen. Briing your decorating ideas and make this your new home. Book your showing today!

11. 2025-08-20
    price $199,000
12. 2025-08-04
    price $209,000
13. 2025-06-12
    listed $214,000 Active
14. 2024-03-14
    historical $1,695
15. 2024-03-01
    listed $1,695
16. 2024-02-29
    historical
17. 2024-02-23
    historical $1,695
18. 2024-02-04
    listed $1,695
19. 2024-02-01
    historical $1,695
20. 2024-01-26
    price $1,695
21. 2023-11-07
    price $1,795
22. 2023-10-27
    price $238,950
23. 2023-09-24
    price $242,550
24. 2023-09-19
    listed $1,895
25. 2023-08-09
    listed $245,000 Active
26. 2022-02-28
    soldstatus
27. 2022-02-25
    soldstatus Sold
28. 2022-02-10
    status Pending
29. 2022-01-23
    listed $125,000 Active
30. 2014-11-24
    soldstatus
31. 2014-11-21
    soldstatus Sold
32. 2014-11-03
    status Pending
33. 2014-10-22
    historical Active Option Contract
34. 2014-06-03
    listed $89,900 Active
35. 2013-06-18
    soldstatus
36. 2013-06-17
    soldstatus Closed
37. 2013-04-26
    status Pending
38. 2013-04-09
    historical Active Option Contract
39. 2013-02-12
    listed $79,000 Active
40. 2004-01-22
    soldstatus
41. 2003-12-03
    historical
42. 2003-09-21
    listed $73,500
43. 2002-09-04
    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: $2,971 · $248/mo
• Projected year-2 tax: $2,971 · $248/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 6/10 Major
• 🌡 Heat 7/10 Severe 7 d/yr ≥111°F today · 21 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 15% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,645
• − Mortgage interest: −$8,117
• − Property taxes: −$2,971
• − Insurance: −$724
• − Repairs & maintenance: −$1,812
• − Management: −$1,812
• − Depreciation: −$4,215
• Taxable income: $2,994
• Est. tax owed @ 24.0%: −$719
• After-tax cash flow: $4,357/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: Bridgeport ISD
• NCES district ID: 4811340
• Math proficiency: 41% ▼ -4.00%
• Reading proficiency: 41% ▲ 3.00%
• Median HH income: $51,866
• Composite: 35.51/100
• National rank: #4913
• State rank: #356 of 826 in TX

Livability — Bridgeport

• Score: 68/100
• State rank: #472
• US rank: #9507

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Bridgeport, TX
• County: Wise County · 49,037 people
• Metro: Dallas-Fort Worth-Arlington, TX
• Population (ZIP): 11,632
• Household income: $92,130
• Rent vs Own: 25.0% rent · 75.0% own
• Severe rent burden: 74.0

Population outlook (Wise County) Hauer SSP2

• Today (2025): 71,620 people
• By 2030: 75,858 · +5.9%
• By 2040: 83,908 · +17.2%
• By 2050: 90,717 · +26.7%
• By 2075: 107,583 · +50.2%
• By 2100: 114,996 · +60.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority White (60%)
• Race & ethnicity: White 60% Hispanic / Latino 32% Two or more races 9% Black 2% Asian 1% Native American 1%
• Hispanic origin (detail): Mexican 31%
• Common ancestry: Slovak 1% Lithuanian 1% Romanian 1%
• Foreign-born: 14% · Canada, Vietnam
• Languages at home: 72% English-only · Spanish 27%

Political lean MEDSL · Wise

• 2024 margin: Solid R (+70.0) · D 14.7% · R 84.7%
• 2008→2024 swing: -14.3pp toward R · 2008: -55.7pp · 2024: -70.0pp
• All cycles: 2024: R+70.0 2020: R+68.2 2016: R+69.9 2012: R+67.5 2008: R+55.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -0.82%
• Current HPI: 417.89
• Rent YoY: —
• 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

+97.1% since first listed

43 events — show timeline

• 2026-05-14 Pending — NTREIS
• 2026-04-30 Price Changed $144,900 NTREIS
• 2026-03-30 Price Changed $159,900 NTREIS
• 2026-02-27 Relisted — NTREIS
• 2026-02-17 Contingent — NTREIS
• 2026-02-06 Relisted — NTREIS
• 2026-01-27 Pending — NTREIS
• 2026-01-17 Price Changed $174,900 NTREIS
• 2025-12-11 Price Changed $189,900 NTREIS
• 2025-11-03 Listed $209,900 NTREIS
• 2025-08-20 Price Changed $199,000 NTREIS
• 2025-08-04 Price Changed $209,000 NTREIS
• 2025-06-12 Listed $214,000 NTREIS
• 2024-03-14 Rental Removed $1,695 APPFOLIO
• 2024-03-01 Listed for Rent $1,695 APPFOLIO
• 2024-02-29 Listing Removed — NTREIS
• 2024-02-23 Rental Removed $1,695 NTREIS
• 2024-02-04 Listed for Rent $1,695 NTREIS
• 2024-02-01 Rental Removed $1,695 NTREIS
• 2024-01-26 Price Changed $1,695 NTREIS
• 2023-11-07 Price Changed $1,795 NTREIS
• 2023-10-27 Price Changed $238,950 NTREIS
• 2023-09-24 Price Changed $242,550 NTREIS
• 2023-09-19 Listed for Rent $1,895 NTREIS
• 2023-08-09 Listed $245,000 NTREIS
• 2022-02-28 Sold (Public Records) — Public Records
• 2022-02-25 Sold (MLS) — NTREIS
• 2022-02-10 Pending — NTREIS
• 2022-01-23 Listed $125,000 NTREIS
• 2014-11-24 Sold (Public Records) — Public Records
• 2014-11-21 Sold (MLS) — NTREIS
• 2014-11-03 Pending — NTREIS
• 2014-10-22 Contingent — NTREIS
• 2014-06-03 Listed $89,900 NTREIS
• 2013-06-18 Sold (Public Records) — Public Records
• 2013-06-17 Sold (MLS) — NTREIS
• 2013-04-26 Pending — NTREIS
• 2013-04-09 Contingent — NTREIS
• 2013-02-12 Listed $79,000 NTREIS
• 2004-01-22 Sold (Public Records) — Public Records
• 2003-12-03 Listing Removed — NTREIS
• 2003-09-21 Listed $73,500 NTREIS
• 2002-09-04 Sold (Public Records) — Public Records

Property tax history

+3.4%/yr

Latest (2025): $2,971 · -13.4% YoY. Source: county tax records.