303 W Lone Oak Rd · Onalaska, TX 77360

$112,999

3 bd · 2.0 ba · 1,064 sqft · SingleFamily · 22 Days on market

Built 2023 Good condition 7,801 sqft lot $106/sqft · 25% above area Est $91k · 25% over $8/mo HOA · 1% of rent ↓ 13% since listing

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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 +27.4/30.0
• DSCR +9.6/10.0
• 1% rule +7.6/10.0
• Appreciation +4.7/10.0
• Schools +4.1/10.0
• Condition / age +3.8/5.0
• Livability +3.0/5.0
• Rent growth +2.5/5.0
• ARV discount +0.0/15.0

Listing remarks

Welcome to this incredibly well maintained 3 bedroom / 2 bath complete with a beautiful wooden porch and just minutes from the lake! This peaceful and inviting neighborhood will have you wondering how you haven't moved in sooner! Don't miss your chance to see this amazing property in person; schedule your showing today!

Key facts

• Wooden porch
• 7,801 sq ft lot
• Built 2023

Tags

• WOODEN PORCH
• MINUTES FROM THE LAKE

Property features AI

Finance

• HOA & community: Canyon Park POA with an annual fee of $96

Exterior

• Parking: No parking
• Utilities: Public water; Public sewer
• Home design: Residential property; One-story entry with multiple floor levels (rooms on first, second, and third levels)
• Construction: Built in 2023; Block foundation; Composition roof
• Exterior features: Located in a subdivision

Interior

• Kitchen: Dishwasher; Refrigerator
• Bedrooms: Primary bedroom on the first floor (11 x 13); Bedroom on the second floor (10 x 13); Bedroom on the third floor (11 x 8.5); Three total bedrooms possible
• Bathrooms: Two full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning (electric)
• Interior features: Washer hookup and electric dryer hookup; Dishwasher; Refrigerator
• Laundry & utility: Washer hookup; Electric dryer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $113k. Condition is rated good.

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 ($1k rent vs $113k).
• Recommended offer: $111k (1.5% below list) — sets the bar for market timing.
• Cap rate 9.8% vs local median 2.9% in Onalaska — 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 60/100 on livability (#1,055 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: employment C-, crime D+, amenities F.
• Onalaska ISD (rural): math 50% / reading 48% proficiency, ranked #213 of 826 in TX (top 26%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Onalaska Jr/Sr High (math 48% / reading 55%, grade D+, #478 of 1,632 statewide, top 29%, 527 students, 58% FRL) — zoned schools at 58% FRL track the district average.
• Market conditions: 350 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 67% of comp listings sitting > 30 days — soft ceiling on asking rent; 769 units permitted in Polk County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $93 of equity ($781 loan paydown + $-688 appreciation (-0.6% local appreciation)).
• Polk County population projected at +16% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-0.6% appreciation + 3.0% rent growth), your $32k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• It's been on market 22 days — a 2% lower offer ($111k) is reasonable based on typical stale-listing flexibility.
• 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.

Recommended offer $111,304 (1.5% below list)

Questions for the listing agent

1. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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 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: 1.26% ✓
• Cap rate: 9.82%
• Cash-on-cash: 12.59%
• DSCR: 1.56
• GRM: 6.6

CMA / ARV

• ARV (median comp): $90,567
• List price: $112,999
• Delta: 24.77%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 10 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
431 N Canyon Dr	0.05mi	2/1.5 (-1)	1,044 (-2%)	7mo	$129,900	$124	82
401 S Canyon Dr Dr	0.37mi	3/2.0	1,064 (0%)	14mo	$75,000	$70	71
340 Persimmon Rd	0.33mi	3/2.0	1,109 (+4%)	20mo	$200,000	$180	61
169 Popular St	0.53mi	2/1.5 (-1)	1,092 (+3%)	12mo	$180,000	$165	54
438 N Fm 356	0.67mi	2/1.0 (-1)	1,080 (+2%)	10mo	$135,000	$125	48
327 Pecan	0.40mi	2/2.5 (-1)	1,200 (+13%)	14mo	$180,000	$150	41
224 James St	0.65mi	3/1.5	1,150 (+8%)	16mo	$124,900	$109	41
193 Choctau Dr	0.66mi	3/2.0	1,152 (+8%)	19mo	$166,000	$144	40
342 Cherokee Ln	0.53mi	3/2.0	1,216 (+14%)	16mo	$95,000	$78	38
320 Lakeview Dr	0.68mi	2/2.0 (-1)	1,194 (+12%)	21mo	$140,000	$117	25

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

Projected returns pro-forma

-0.61% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 10.1%
• Equity multiple: 1.46×
• Total profit: $14,673
• Equity at exit: $29,414

10-year hold

• IRR: 15.7%
• Equity multiple: 2.63×
• Total profit: $51,427
• Equity at exit: $32,749

Cash invested: $31,640 (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 77360

• Home prices YoY: -0.4%
• Active inventory: 350
• Price-to-rent: 6.6×

Monthly cashflow live

• Estimated rent: $1,419 medium
• Mortgage (P&I): −$593
• Tax est. 1.5%: −$141 /mo · $1,695/yr
• Insurance: −$47
• HOA: −$8
• Vacancy / Maint / Mgmt: −$298
• Net cashflow: $332

Break-even live

Break-even rent $999

Max offer price $112,999

Occupancy floor 72%

Sensitivity live

Price	-10% $410	-5% $371	+0% $332	+5% $293	+10% $254
Rent	-10% $220	-5% $276	+0% $332	+5% $388	+10% $444
Rate	-1.0pp $389	-0.5pp $361	base $332	+0.5pp $303	+1.0pp $273

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: $28,250
• Closing costs: $3,390
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
132 Broken Arrow Onalaska, TX	3.0	2.0	1000	$1,400	$1.40	44d	1	0.64mi
120 Farm to Market Road 356 Unit 4 Onalaska, TX	2.0	1.0	754	$875	$1.16	44d	1	1.05mi
947 Yaupon Cove Dr Onalaska, TX	4.0	2.0	1170	$2,000	$1.71	12d	1	1.33mi

HOA detail

• Monthly dues: $8 · $96/yr

Listing history 12 events

1. 2026-05-16
   status Pending 321-char remark
2. 2026-05-14
   status Pending 321-char remark
3. 2026-04-30
   price $112,999 321-char remark
4. 2026-04-24
   listed $118,000 Active 321-char remark
5. 2025-07-27
   historical
6. 2025-07-02
   price $118,900
7. 2025-06-26
   price $124,500
8. 2025-06-11
   price $124,900
9. 2025-06-11
   price $128,000
10. 2025-05-21
    price $129,000
11. 2025-05-01
    price $129,500
12. 2025-04-16
    listed $129,900 Active

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

Taxation est. · year 1

• Rental income: $17,027
• − Mortgage interest: −$6,330
• − Property taxes: −$1,695
• − Insurance: −$565
• − Repairs & maintenance: −$1,362
• − Management: −$1,362
• − HOA: −$96
• − Depreciation: −$3,287
• Taxable income: $2,329
• Est. tax owed @ 24.0%: −$559
• After-tax cash flow: $3,425/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

Good 75/100 Cosmetic rehab

This well-maintained single-family home with a wooden porch and modern kitchen is ready for immediate occupancy. It offers a good investment opportunity with minor maintenance items to address.

Value-add opportunities

• Both Paint exterior — Enhances curb appeal and value
• Both Replace gutters — Improves water drainage and reduces maintenance costs

Renovation cost estimate screening

Value-add ROI direction

• Both Paint exterior — Enhances curb appeal and value ↑
• Both Replace gutters — Improves water drainage and reduces maintenance costs ↑

ⓘ 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: Onalaska ISD
• NCES district ID: 4833690
• Math proficiency: 50% ▼ -10.00%
• Reading proficiency: 48% ▼ -1.00%
• Median HH income: $38,882
• Composite: 40.91/100
• National rank: #3616
• State rank: #213 of 826 in TX

Livability — Onalaska

• Score: 60/100
• State rank: #1055
• US rank: #18716

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Onalaska, TX
• Population (ZIP): 6,130

Population outlook (Polk County) Hauer SSP2

• Today (2025): 51,049 people
• By 2030: 53,243 · +4.3%
• By 2040: 56,528 · +10.7%
• By 2050: 59,243 · +16.1%
• By 2075: 63,528 · +24.4%
• By 2100: 60,376 · +18.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (86%)
• Race & ethnicity: White 86% Two or more races 10% Hispanic / Latino 8%
• Hispanic origin (detail): Mexican 7%
• Common ancestry: Lithuanian 4% Italian 2% Romanian 2%
• Foreign-born: 1% · Canada
• Languages at home: 95% English-only · Spanish 5%

Political lean MEDSL · Polk

• 2024 margin: Solid R (+58.9) · D 20.2% · R 79.1%
• 2008→2024 swing: -21.7pp toward R · 2008: -37.2pp · 2024: -58.9pp
• All cycles: 2024: R+58.9 2020: R+54.5 2016: R+56.5 2012: R+48.2 2008: R+37.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -0.61%
• Current HPI: 150.9486
• 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

-13.0% since first listed

13 events — show timeline

• 2026-06-10 Sold (MLS) — HARMLS
• 2026-05-16 Pending — HARMLS
• 2026-05-14 Pending — HARMLS
• 2026-04-30 Price Changed $112,999 HARMLS
• 2026-04-24 Listed $118,000 HARMLS
• 2025-07-27 Listing Removed — HARMLS
• 2025-07-02 Price Changed $118,900 HARMLS
• 2025-06-26 Price Changed $124,500 HARMLS
• 2025-06-11 Price Changed $124,900 HARMLS
• 2025-06-11 Price Changed $128,000 HARMLS
• 2025-05-21 Price Changed $129,000 HARMLS
• 2025-05-01 Price Changed $129,500 HARMLS
• 2025-04-16 Listed $129,900 HARMLS