8915 Sky Crest Dr · Temple, TX 76502

$129,000

3 bd · 2.0 ba · 1,657 sqft · SingleFamily public records · 12 Days on market

Built 2020 Poor condition 5,998 sqft lot $78/sqft · 54% below area

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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 +21.8/30.0
• 1% rule +9.3/10.0
• ARV discount +7.5/15.0
• DSCR +7.0/10.0
• Schools +3.8/10.0
• Livability +3.8/5.0
• Rent growth +2.3/5.0
• Condition / age +1.0/5.0
• Appreciation +0.0/10.0

Listing remarks

"Due to condition, the property may have health/safety risk(s). Prior to entry / access, all parties must sign a Hold Harmless Agreement and the property may only be shown by appointment" Property offers 3 bedrooms, 2 baths, utility room, living room and kitchen open to breakfast area. Property has been identified as in FEMA Flood Zone Not mapped. This property may qualify for Seller Financing (Vendee). * * MULTIPLE OFFERS HAVE BEEN SUBMITTED-Highest & Best Hold Period active - expires 05/08/2026 01:00 PM CST * *

Key facts

• 5,998 sq ft lot
• 2 garage spots
• Built 2020

Property features AI

Finance

• HOA & community: Curbs

Exterior

• Parking: 2-car garage
• Utilities: Public water; Public sewer; Public trash collection
• Home design: Single-story home; City street frontage; City lot (less than quarter acre)
• Construction: Masonry construction; Composition/shingle roof; Slab foundation; Year built (assessor)
• Exterior features: Exterior details (see remarks); Privacy wood fencing

Interior

• Kitchen: Kitchen (see remarks for appliances)
• Bedrooms: Bedroom 2; Bedroom 3
• Bathrooms: 2 full bathrooms
• Interior features: Double vanity; Garden (Roman) tub; Separate shower; Tub and shower combination; Other interior features (see remarks)
• Laundry & utility: Washer hookup inside; Electric dryer hookup inside

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $129k. Condition is rated poor.

Deal economics

• At list price, monthly cash flow is $201 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $129k).
• Cap rate 8.2% vs local median 3.6% in Temple — 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 75/100 on livability (#122 in TX, #3,814 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: schools C-, commute C-, crime D+.
• Belton ISD (suburban): math 39% / reading 46% proficiency, ranked #285 of 826 in TX (top 34%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents soft (-0.8%/yr); 1118 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 55% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 3,222 units permitted in Bell County in 2024 (246 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $892 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Bell County population projected at +21% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 12 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: property tax is 4.9% of price.
• Climate carrying-cost: major wind risk, 77% 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 $129,000

Questions for the listing agent

1. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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.
6. 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.
7. 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: 1.43% ✓
• Cap rate: 8.16%
• Cash-on-cash: 6.67%
• DSCR: 1.30
• GRM: 5.8

CMA / ARV

• ARV (median comp): $280,557
• List price: $129,000
• Delta: -54.02%
• 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
8516 Cantera Ridge Rd	0.31mi	3/2.0	1,703 (+3%)	2mo	$246,000	$144	79
1517 Starlight Dr	0.61mi	3/2.0	1,641 (-1%)	1mo	$235,500	$144	69
922 Stone Valley Rd	0.15mi	4/2.0 (+1)	1,852 (+12%)	2mo	$255,000	$138	67
8011 Timber Hollow Ln	0.62mi	3/2.0	1,576 (-5%)	1mo	$295,000	$187	62
9203 Lake Pointe Dr	0.31mi	3/2.0	1,874 (+13%)	2mo	$269,000	$144	62
8019 Timber Hollow Ln	0.60mi	3/2.0	1,565 (-6%)	2mo	$287,500	$184	61
8011 Pineridge Way	0.64mi	4/2.0 (+1)	1,700 (+3%)	2mo	$289,000	$170	59
413 Weeping Willow Dr	0.75mi	3/2.0	1,708 (+3%)	1mo	$250,000	$146	59
7813 Smoke Creek Ln	0.69mi	3/2.0	1,580 (-5%)	1mo	$270,000	$171	59
7810 Timber Hollow Ln	0.70mi	4/2.0 (+1)	1,700 (+3%)	2mo	$289,000	$170	57
8422 Alabama Ave	0.39mi	3/2.5	1,427 (-14%)	1mo	$255,000	$179	56
7919 Woodbury Dr	0.70mi	4/2.0 (+1)	1,477 (-11%)	1mo	$225,000	$152	43

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -10.5%
• Equity multiple: 0.63×
• Total profit: $-13,269
• Equity at exit: $19,234

10-year hold

• IRR: -8.1%
• Equity multiple: 0.59×
• Total profit: $-14,957
• Equity at exit: $11,154

Cash invested: $36,120 (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 76502

• Rents YoY: -0.8%
• Active inventory: 1118
• Price-to-rent: 5.8×

Monthly cashflow live

• Estimated rent: $1,845 high
• Mortgage (P&I): −$676
• Tax from tax record: −$527 /mo · $6,319/yr
• Insurance: −$54
• HOA: −$0
• Vacancy / Maint / Mgmt: −$387
• Net cashflow: $201

Break-even live

Break-even rent $1,591

Max offer price $129,000

Occupancy floor 84%

Sensitivity live

Price	-10% $655	-5% $611	+0% $201	+5% $164	+10% $128
Rent	-10% $55	-5% $128	+0% $201	+5% $274	+10% $347
Rate	-1.0pp $266	-0.5pp $234	base $201	+0.5pp $167	+1.0pp $133

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: $32,250
• Closing costs: $3,870
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1012 Ribeye Rd Temple, TX	4.0	2.0	1612	$1,850	$1.15	44d	1	0.15mi
1111 Porterhouse Rd Temple, TX	3.0	2.0	1507	$1,695	$1.12	44d	1	0.19mi
1119 Stone Valley Rd Unit B Temple, TX	4.0	2.0	1479	$1,699	$1.15	44d	1	0.24mi
8612 Cantera Ridge Rd Temple, TX	4.0	2.0	1800	$1,895	$1.05	24d	1	0.25mi
1129 Stone Valley Rd Unit B Temple, TX	4.0	2.0	1479	$1,699	$1.15	44d	1	0.26mi
1126 Stone Valley Rd Unit A Temple, TX	4.0	2.0	1479	$1,800	$1.22	44d	1	0.27mi
8419 Brahma Plains Rd Temple, TX	3.0	2.0	1489	$1,800	$1.21	44d	1	0.34mi
1211 Fawn Lily Dr Temple, TX	4.0	2.5	2077	$2,145	$1.03	14d	1	0.41mi
619 Hollyhock Dr Temple, TX	3.0	2.0	1443	$1,800	$1.25	14d	1	0.45mi
917 Hollyhock Dr Temple, TX	4.0	2.0	1600	$1,900	$1.19	14d	1	0.46mi
1218 Iron Glen Dr Temple, TX	3.0	2.0	2241	$1,950	$0.87	44d	1	0.50mi
8918 Night View Dr Temple, TX	3.0	2.0	1506	$1,649	$1.09	24d	1	0.51mi
513 Fallbrook Dr Temple, TX	3.0	2.0	1443	$1,850	$1.28	24d	1	0.53mi
1411 Amber Dawn Dr Temple, TX	3.0	2.0	1621	$1,745	$1.08	44d	1	0.53mi
1411 Amber Dawn Dr Temple, TX	3.0	2.0	1621	$1,695	$1.05	14d	1	0.53mi
1315 Starlight Dr Temple, TX	4.0	2.0	1735	$1,875	$1.08	44d	1	0.56mi
8118 Timber Hollow Ln Temple, TX	3.0	2.0	1596	$1,795	$1.12	24d	1	0.57mi
1016 Starlight Dr Temple, TX	3.0	2.5	1519	$1,895	$1.25	44d	1	0.57mi
531 Parkfield Ln Temple, TX	3.0	2.0	1287	$1,700	$1.32	44d	1	0.58mi
8112 Pineridge Way Temple, TX	3.0	2.0	1580	$1,895	$1.20	44d	1	0.60mi
1309 Juneberry Park Dr Temple, TX	3.0	2.0	1565	$1,695	$1.08	14d	1	0.61mi
9916 Orion Dr Temple, TX	3.0	2.0	1458	$1,725	$1.18	44d	1	0.63mi
619 Starlight Dr Temple, TX	3.0	2.0	1443	$3,600	$2.49	44d	1	0.63mi
8015 Pineridge Way Temple, TX	4.0	2.0	1700	$1,850	$1.09	44d	1	0.64mi
918 Evergreen Farm Dr Temple, TX	3.0	2.5	2062	$1,930	$0.94	44d	1	0.64mi
8012 Bridgepointe Dr Temple, TX	3.0	2.0	1307	$1,595	$1.22	14d	1	0.68mi
811 Sugar Brook Dr Temple, TX	3.0	2.0	1612	$1,745	$1.08	14d	1	0.68mi
10008 Smock Mill Ln Temple, TX	3.0	2.0	1972	$1,695	$0.86	44d	1	0.69mi
8025 Redbrush Temple, TX	3.0	2.0	1382	$1,595	$1.15	14d	1	0.74mi
8012 Redbrush Temple, TX	3.0	2.0	1300	$1,595	$1.23	14d	1	0.75mi
748 Westfield Blvd Temple, TX	3.0	2.5	1386	$1,695	$1.22	44d	1	0.80mi
740 Westfield Blvd Temple, TX	2.0	2.5	1403	$1,675	$1.19	44d	1	0.81mi
460 S Cedar Rd Temple, TX	1.0–3.0	1.0–2.0	972	$1,679	$1.73	14d	6	0.82mi
724 Westfield Blvd Temple, TX	2.0	2.5	1403	$1,675	$1.19	24d	1	0.82mi
10208 Cap Rock Dr Temple, TX	3.0	2.0	1905	$2,195	$1.15	24d	1	0.82mi
419 Big Timber Dr Temple, TX	3.0	2.0	1771	$1,995	$1.13	44d	1	0.84mi
1245 Spring Terrace Loop Temple, TX	3.0	2.0	1306	$1,695	$1.30	44d	1	0.85mi
10206 Alamosa Ln Temple, TX	3.0	2.5	2162	$2,300	$1.06	44d	1	0.86mi
228 Big Timber Dr Temple, TX	4.0	2.0	1919	$1,895	$0.99	24d	1	0.88mi
7523 Buffalo Grass Dr Temple, TX	3.0	2.0	1587	$1,795	$1.13	24d	1	0.92mi

Listing history 2 events

1. 2026-05-16
   status Pending 537-char remark
2. 2026-05-02
   listed $129,000 Active 537-char remark

ⓘ 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: $6,319 · $527/mo
• Projected year-2 tax: $6,319 · $527/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 8/10 Severe 7 d/yr ≥108°F today · 25 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 77% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,141
• − Mortgage interest: −$7,226
• − Property taxes: −$6,319
• − Insurance: −$645
• − Repairs & maintenance: −$1,771
• − Management: −$1,771
• − Depreciation: −$3,753
• Taxable income: $656
• Est. tax owed @ 24.0%: −$157
• After-tax cash flow: $2,252/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.

Condition & rehab AI · 12 photos

Poor 20/100 Extensive rehab

This property is in an extensive state of construction, requiring significant work to be completed before it can be considered habitable or marketable.

Repairs flagged

• Major Exposed framing — Structural elements are not yet complete

Value-add opportunities

• Resale Complete kitchen and bathroom — Fully functional kitchens and bathrooms are essential for buyers
• Resale Complete exterior and landscaping — Aesthetic appeal is crucial for buyers
• Both Complete HVAC and electrical systems — These systems are critical for both buyers and renters

Renovation cost estimate screening

Repair item	Severity	Est. cost
Exposed framing · Structural elements are not yet complete	Major	$15,000–50,000
Total estimated repair cost · 1 items		$15,000–50,000

Value-add ROI direction

• Resale Complete kitchen and bathroom — Fully functional kitchens and bathrooms are essential for buyers ↑
• Resale Complete exterior and landscaping — Aesthetic appeal is crucial for buyers ↑
• Both Complete HVAC and electrical systems — These systems are critical for both buyers and renters ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Belton ISD
• NCES district ID: 4809860
• Math proficiency: 39% ▼ -14.00%
• Reading proficiency: 46% ▼ -4.00%
• Median HH income: $61,239
• Composite: 37.62/100
• National rank: #4378
• State rank: #285 of 826 in TX

Livability — Temple

• Score: 75/100
• State rank: #122
• US rank: #3814

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Temple, TX
• County: Bell County · 345,090 people
• City population: 96,587
• Metro: Killeen-Temple, TX
• Population (ZIP): 52,669
• Household income: $82,088
• Rent vs Own: 35.9% rent · 64.1% own
• Severe rent burden: 1890.0

Population outlook (Bell County) Hauer SSP2

• Today (2025): 371,114 people
• By 2030: 389,104 · +4.8%
• By 2040: 420,592 · +13.3%
• By 2050: 447,779 · +20.7%
• By 2075: 499,130 · +34.5%
• By 2100: 505,680 · +36.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.59)
• Race & ethnicity: White 58% Hispanic / Latino 26% Two or more races 15% Black 9% Asian 3%
• Hispanic origin (detail): Mexican 21% Puerto Rican 2%
• Common ancestry: Italian 2% Slovak 2% Serbian 1%
• Foreign-born: 7% · Canada, South Korea, China
• Languages at home: 86% English-only · Spanish 10% Other Indo-European 1% Korean 1%

Political lean MEDSL · Bell

• 2024 margin: R (+16.2) · D 41.3% · R 57.6% · Other 1.1%
• 2008→2024 swing: -6.5pp toward R · 2008: -9.8pp · 2024: -16.2pp
• All cycles: 2024: R+16.2 2020: R+8.5 2016: R+15.1 2012: R+16.4 2008: R+9.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -216.80%
• Current HPI: 166.927
• Rent YoY: ▼ -0.79%
• Metro: Killeen-Temple, 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

2 events — show timeline

• 2026-05-16 Pending — CTXMLS
• 2026-05-02 Listed $129,000 CTXMLS

Property tax history

+35.2%/yr

Latest (2026): $6,319 · -8.6% YoY. Source: county tax records.