1719 Trackside Dr · Elliston, VA 24087

$159,900

2 bd · 2.0 ba · 910 sqft · SingleFamily public records · 2 Days on market

Built 1920 6,011 sqft lot

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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 +26.0/30.0
• Appreciation +10.0/10.0
• DSCR +8.7/10.0
• ARV discount +7.5/15.0
• 1% rule +5.7/10.0
• Schools +5.4/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Ready to move in condition! This historic style bungalow was original built in 1920 down the street from a small train station and has been updated and added to over the years. Heat pump for cozy winter and cool summers! All bright white eat-in kitchen with new floor, cabinet hardware, ceiling fan, modern appliances and nice frig. Master has it's own 1/2 BA, plus large hall bath is next to laundry closet. Sunny front family room with hardwood floors, spacious foyer for coat/shoes. Owner says the best part is walking down to the river for a swim and sitting on the porch watching the train slowly pass by! Swing/play set stays, storage shed for all the tools and gardening supplies.

Key facts

• Half bath
• Full hall bath
• Laundry closet

Tags

• EAT-IN KITCHEN
• HARDWOOD FLOORS
• SPACIOUS FOYER
• HALF BATH
• FULL HALL BATH
• LAUNDRY CLOSET

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $160k.

Deal economics

• At list price, monthly cash flow is $332 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $160k).

Location & tenants

• Location reads 64/100 on livability (#342 in VA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A; Watch: amenities F, commute F, employment F.
• Montgomery County Public School District (urban): math 57% / reading 70% proficiency, ranked #47 of 131 in VA (top 36%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Eastern Montgomery Elementary (math 27% / reading 42%, grade F, #966 of 1,108 statewide, top 89%, 385 students, 76% FRL); Shawsville Middle (math 41% / reading 56%, grade C-, #244 of 342 statewide, top 72%, 208 students, 74% FRL); Eastern Montgomery High (math 72% / reading 77%, grade B+, #107 of 319 statewide, top 37%, 282 students, 62% FRL) — zoned schools average 71% FRL vs 32% district-wide (39 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 33 active listings in the ZIP; 323 units permitted in Montgomery County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $17k of equity ($1k loan paydown + $16k appreciation (10.0% local appreciation)).
• Montgomery County population projected at +13% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (10.0% appreciation + 3.0% rent growth), your $45k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 3, paydown + projected appreciation supports a ~$43k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 2 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 10y ago 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.
• Current owner paid $68k; list at $160k implies a 135% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo; built in 1920 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe flood risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $159,900

Questions for the listing agent

1. Built in 1920 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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.
5. 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.
6. 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: 9.28%
• Cash-on-cash: 10.67%
• DSCR: 1.47
• GRM: 7.8

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: 30.8%
• Equity multiple: 3.42×
• Total profit: $108,186
• Equity at exit: $144,051

10-year hold

• IRR: 26.6%
• Equity multiple: 7.74×
• Total profit: $301,929
• Equity at exit: $310,651

Cash invested: $44,772 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 55 Moderately Landlord-Leaning
• State Virginia: 55 Moderately Landlord-Leaning · D+2
• County: — inherits STATE
• City: — inherits STATE

VRLTA gives some tenant protections; Northern Virginia courts slower; rural VA landlord-leaning.

Methodology + full state rankings →

ZIP-level market 24087

• Home prices YoY: 4.3%
• Active inventory: 33
• Price-to-rent: 7.8×

Monthly cashflow live

• Estimated rent: $1,715 medium
• Mortgage (P&I): −$839
• Tax from tax record: −$51 /mo · $617/yr
• Insurance: −$67
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$360
• Net cashflow: $332

Break-even live

Break-even rent $1,295

Max offer price $159,900

Occupancy floor 76%

Sensitivity live

Price	-10% $422	-5% $377	+0% $332	+5% $286	+10% $241
Rent	-10% $196	-5% $264	+0% $332	+5% $399	+10% $467
Rate	-1.0pp $412	-0.5pp $372	base $332	+0.5pp $290	+1.0pp $248

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: $39,975
• Closing costs: $4,797
• Reserves months: —
• Total cash needed: —

Listing history 12 events

1. 2026-04-10
   status Pending
2. 2026-04-08
   listed $159,900 Active
3. 2018-08-23
   soldstatus $68,000 687-char remark

   Show marketing remark (687 chars)

   Ready to move in condition! This historic style bungalow was original built in 1920 down the street from a small train station and has been updated and added to over the years. Heat pump for cozy winter and cool summers! All bright white eat-in kitchen with new floor, cabinet hardware, ceiling fan, modern appliances and nice frig. Master has it's own 1/2 BA, plus large hall bath is next to laundry closet. Sunny front family room with hardwood floors, spacious foyer for coat/shoes. Owner says the best part is walking down to the river for a swim and sitting on the porch watching the train slowly pass by! Swing/play set stays, storage shed for all the tools and gardening supplies.

4. 2018-08-23
   soldstatus $68,000

   Show marketing remark (687 chars)

   Ready to move in condition! This historic style bungalow was original built in 1920 down the street from a small train station and has been updated and added to over the years. Heat pump for cozy winter and cool summers! All bright white eat-in kitchen with new floor, cabinet hardware, ceiling fan, modern appliances and nice frig. Master has it's own 1/2 BA, plus large hall bath is next to laundry closet. Sunny front family room with hardwood floors, spacious foyer for coat/shoes. Owner says the best part is walking down to the river for a swim and sitting on the porch watching the train slowly pass by! Swing/play set stays, storage shed for all the tools and gardening supplies.

5. 2018-06-08
   listed $69,950 687-char remark

   Show marketing remark (687 chars)

   Ready to move in condition! This historic style bungalow was original built in 1920 down the street from a small train station and has been updated and added to over the years. Heat pump for cozy winter and cool summers! All bright white eat-in kitchen with new floor, cabinet hardware, ceiling fan, modern appliances and nice frig. Master has it's own 1/2 BA, plus large hall bath is next to laundry closet. Sunny front family room with hardwood floors, spacious foyer for coat/shoes. Owner says the best part is walking down to the river for a swim and sitting on the porch watching the train slowly pass by! Swing/play set stays, storage shed for all the tools and gardening supplies.

6. 2016-10-18
   soldstatus $55,600
7. 2016-10-14
   soldstatus $55,500 206-char remark

   Show marketing remark (206 chars)

   Completely renovated doll house in a rural setting. Single level living, covered front porch and a rear deck with mountain views. Newer appliances with washer and dryer. The office could be a third bedroom.

8. 2016-06-09
   listed $55,500 206-char remark

   Show marketing remark (206 chars)

   Completely renovated doll house in a rural setting. Single level living, covered front porch and a rear deck with mountain views. Newer appliances with washer and dryer. The office could be a third bedroom.

9. 2008-10-23
   soldstatus $65,000
10. 2007-03-29
    soldstatus $13,000
11. 2007-03-29
    soldstatus $13,000
12. 2006-07-20
    soldstatus $26,350

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

Tax reassessment forecast VA · Resets to sale price

• Current annual tax: $617 · $51/mo
• Projected year-2 tax: $1,311 · $109/mo
• Expected delta: +$694/yr (+$58/mo · 112.5%)

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

Climate risk First Street

• 🌊 Flood 8/10 Severe FEMA zone X (shaded) · 99% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 4/10 Moderate 7 d/yr ≥98°F today · 21 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,578
• − Mortgage interest: −$8,957
• − Property taxes: −$617
• − Insurance: −$1,597
• − Repairs & maintenance: −$1,646
• − Management: −$1,646
• − Depreciation: −$4,652
• Taxable income: $1,463
• Est. tax owed @ 24.0%: −$351
• After-tax cash flow: $3,629/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: Montgomery County Public School District
• NCES district ID: 5102520
• Math proficiency: 57% ▼ -29.00%
• Reading proficiency: 70% ▼ -11.00%
• Median HH income: $46,618
• Composite: 53.6/100
• National rank: #1440
• State rank: #47 of 131 in VA

Livability — Elliston

• Score: 64/100
• State rank: #342
• US rank: #13622

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Elliston, VA
• Population (ZIP): 3,948

Population outlook (Montgomery County) Hauer SSP2

• Today (2025): 105,748 people
• By 2030: 110,301 · +4.3%
• By 2040: 115,652 · +9.4%
• By 2050: 119,651 · +13.1%
• By 2075: 126,005 · +19.2%
• By 2100: 129,771 · +22.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (78%)
• Race & ethnicity: White 78% Hispanic / Latino 19% Two or more races 6% Black 3%
• Hispanic origin (detail): Mexican 15% Puerto Rican 3%
• Common ancestry: Romanian 3% Italian 2% Serbian 2%
• Foreign-born: 6% · Canada, China
• Languages at home: 94% English-only · Spanish 6%

Political lean MEDSL · Montgomery

• 2024 margin: Toss-up / Even · D 50.9% · R 47.4% · Other 1.7%
• 2008→2024 swing: -1.4pp toward R · 2008: 4.9pp · 2024: 3.5pp
• All cycles: 2024: D+3.5 2020: D+5.8 2016: D+1.3 2012: R+0.2 2008: D+4.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 10.65%
• Current HPI: 258.6535
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 2.40%
• F500 in state: 50

Industry mix (Fortune 500 HQ in VA)

Industry	F500 HQs	Revenue
▸Aerospace / Defense	4	$236B
▸Technology / Defense	3	$32B
▸Financial Services	2	$176B
▸Utilities	2	$27B
▸Insurance	2	$25B
▸Technology	2	$15B

Price history

+506.8% since first listed

12 events — show timeline

• 2026-04-10 Pending — NRVMLS
• 2026-04-08 Listed $159,900 NRVMLS
• 2018-08-23 Sold (Public Records) $68,000 Public Records
• 2018-08-23 Sold (MLS) $68,000 MLSRV
• 2018-06-08 Listed $69,950 MLSRV
• 2016-10-18 Sold (Public Records) $55,600 Public Records
• 2016-10-14 Sold (MLS) $55,500 MLSRV
• 2016-06-09 Listed $55,500 MLSRV
• 2008-10-23 Sold (Public Records) $65,000 Public Records
• 2007-03-29 Sold (Public Records) $13,000 Public Records
• 2007-03-29 Sold (Public Records) $13,000 Public Records
• 2006-07-20 Sold (Public Records) $26,350 Public Records

Property tax history

+1.8%/yr

Latest (2025): $617 · +1.3% YoY. Source: county tax records.