3401 E 153rd St S · Bixby, OK 74008

$345,747

4 bd · 2.0 ba · 1,801 sqft · SingleFamily · 402 Days on market

Built 2025 Good condition 2-car garage $192/sqft · 11% below area Est $390k · 11% under

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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).

• ARV discount +12.6/15.0
• Cash flow +7.1/30.0
• Condition / age +4.0/5.0
• Schools +3.7/10.0
• Livability +3.6/5.0
• Rent growth +3.3/5.0
• 1% rule +2.0/10.0
• DSCR +1.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

This move-in-ready home in Henson Square is now offered at a lower purchase price. Now under construction in Henson Square , a gated Bixby community with exclusive amenities like a private dog park and scenic pavilion, this Owen floor plan by Simmons Homes is the perfect blend of smart design, modern finishes, and everyday comfort . With four well-sized bedrooms arranged in a split layout , this home offers the flexibility to create a home office, guest room, or hobby space -whatever fits your lifestyle. The open-concept living, kitchen, and dining areas are anchored by 10-foot ceilings , creating a bright and spacious environment ideal for entertaining or relaxing. The kitchen is a true standout, featuring: Custom-built Pure White cabinets to the ceiling A wood vent hood and large island with a hidden built-in microwave White quartz countertops and a stunning herringbone tile backsplash in a mix of silver, gray, and pearl Chrome hardware and brushed nickel pendant lighting for a crisp, modern look The entire interior feels fresh and refined, with Reserved White walls and Pure White trim , offering a bright, airy palette throughout the home. In the primary suite , you'll find a peaceful retreat complete with: A spacious en-suite bath featuring a dual vanity , marble shower , enclosed toilet , and built-in linen storage A huge vaulted walk-in closet designed with extra overhead space for out-of-season storage Additional features include: Herringbone tile flooring in the. ..

Key facts

• Private dog park
• Large island
• Scenic pavilion

Tags

• PRIVATE DOG PARK
• SCENIC PAVILION
• OPEN-CONCEPT LIVING
• CUSTOM-BUILT CABINETS
• WOOD VENT HOOD
• LARGE ISLAND

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $346k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-490 ($-6k/yr) — negative.
• To cash-flow at today's rent, offer at most $275k (20.5% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $240k (30.5% below list).
• Recommended offer: $240k (30.5% below list) — sets the bar for 1% rule.
• Cap rate 4.6% vs local median 3.8% in Bixby — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 72/100 on livability (#24 in OK) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: amenities F, commute F, health & safety F.
• Bixby (suburban): math 39% / reading 36% proficiency, ranked #15 of 270 in OK (top 6%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; only 19% free/reduced lunch — higher-income household profile.
• Zoned schools: Central Es (math 32% / reading 32%, grade F, #213 of 845 statewide, top 28%, 646 students, 0% FRL); Bixby Ms (math 37% / reading 30%, grade F, #33 of 345 statewide, top 10%, 1,216 students, 0% FRL); Bixby Hs (math 42% / reading 48%, grade D-, #13 of 447 statewide, top 3%, 2,102 students, 0% FRL) — zoned schools average 0% FRL vs 19% district-wide (19 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: Rents rising (+3.3%/yr); 1085 active listings in the ZIP; 13 comparable units currently listed for rent nearby; rentals lingering (median 64d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 69% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 2,818 units permitted in Tulsa County in 2024 (518 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $10k of value loss. Plan a longer hold.
• Tulsa County population projected at +30% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 402 days — a 12% lower offer ($304k) is reasonable based on typical stale-listing flexibility.
• 3 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 $240,466 (30.5% 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. It's been on market 402 days. Have you received any prior offers? Is the seller open to a 30% concession, seller financing, or rate buy-down credit?
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 B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
6. 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?
7. 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.
8. 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.
9. 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: 0.70% ✗
• Cap rate: 4.59%
• Cash-on-cash: -6.07%
• DSCR: 0.73
• GRM: 12.0

CMA / ARV

• ARV (median comp): $389,567
• List price: $345,747
• Delta: -11.25%
• 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
3421 E 153rd St S	0.01mi	3/2.0 (-1)	1,880 (+4%)	4mo	$353,317	$188	84
3456 E 154th St S	0.12mi	3/2.0 (-1)	1,865 (+4%)	1mo	$359,900	$193	82
3574 E 155th St S	0.27mi	3/2.0 (-1)	1,858 (+3%)	0mo	$375,000	$202	77
15484 S 34th EastAvenue	0.24mi	4/2.0	1,870 (+4%)	11mo	$364,900	$195	73
15385 S 37th Ct S	0.23mi	4/2.0	2,031 (+13%)	4mo	$385,000	$190	65
3402 E 153rd St S	0.00mi	3/2.0 (-1)	1,535 (-15%)	9mo	$336,229	$219	63
15404 S 34th EastAvenue	0.12mi	3/2.0 (-1)	2,046 (+14%)	10mo	$388,250	$190	58
3805 E 154th Pl S	0.28mi	3/3.0 (-1)	2,001 (+11%)	4mo	$400,000	$200	56
15485 S 36th EastAvenue	0.24mi	5/3.0 (+1)	2,034 (+13%)	4mo	$393,900	$194	55
3424 E 156th St S	0.33mi	4/2.0	2,051 (+14%)	8mo	$374,900	$183	55
15486 S 38th EastAvenue	0.30mi	5/3.0 (+1)	2,034 (+13%)	8mo	$379,900	$187	49
15608 S 36th EastCourt S	0.35mi	5/3.0 (+1)	2,034 (+13%)	10mo	$359,000	$176	45

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 · 3.34% rent growth · sell at horizon

5-year hold

• IRR: -26.3%
• Equity multiple: 0.11×
• Total profit: $-86,353
• Equity at exit: $51,552

10-year hold

• IRR: -22.3%
• Equity multiple: -0.15×
• Total profit: $-111,798
• Equity at exit: $29,894

Cash invested: $96,809 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 83 Strongly Landlord-Friendly
• State Oklahoma: 83 Strongly Landlord-Friendly · R+20
• County: — inherits STATE
• City: — inherits STATE

5-day notice; strongly landlord-favorable.

Methodology + full state rankings →

Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 48 active · 15 under contract
• Months of supply: 16.9 mo (6%/mo absorbed)
• Median asking: $354,806 ($187/sqft)
• Median days on market: 390 d
• This list price: 42% of active listings are priced below it
• ARV vs active asking: +15.5% above current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 74008

• Rents YoY: 3.3%
• Active inventory: 1085
• Price-to-rent: 12.0×

Monthly cashflow live

• Estimated rent: $2,405 high
• Mortgage (P&I): −$1,813
• Tax est. 1.5%: −$432 /mo · $5,186/yr
• Insurance: −$144
• HOA: −$0
• Vacancy / Maint / Mgmt: −$505
• Net cashflow: $-490

Break-even live

Break-even rent $3,025

Max offer price $274,887

Occupancy floor —

Sensitivity live

Price	-10% $-251	-5% $-370	+0% $-490	+5% $-609	+10% $-729
Rent	-10% $-680	-5% $-585	+0% $-490	+5% $-395	+10% $-300
Rate	-1.0pp $-316	-0.5pp $-402	base $-490	+0.5pp $-579	+1.0pp $-670

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: $86,437
• Closing costs: $10,372
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 13 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3441 E 153rd St S Bixby, OK	3.0	2.0	1705	$2,200	$1.29	63d	1	0.01mi
3401 E 153rd St S Bixby, OK	4.0	2.0	1815	$2,300	$1.27	4d	1	0.02mi
3442 E 153rd St S Bixby, OK	4.0	2.0	1915	$2,250	$1.17	4d	1	0.03mi
3462 E 153rd St S Bixby, OK	4.0	2.0	1815	$2,450	$1.35	61d	1	0.04mi
4681 E 148th Pl S Bixby, OK	3.0	2.0	1399	$1,950	$1.39	7d	1	0.88mi
14837 S Toledo Pl Bixby, OK	3.0	3.0	1939	$2,200	$1.13	63d	1	0.90mi
14734 S Urbana Ave Bixby, OK	4.0	2.0	2020	$2,500	$1.24	98d	1	0.94mi
14695 S Toledo Pl Bixby, OK	3.0	2.0	1364	$1,750	$1.28	63d	1	0.95mi
14727 S Urbana Ave Bixby, OK	3.0	2.0	2145	$2,500	$1.17	111d	1	0.97mi
14727 S Urbana Ave Bixby, OK	3.0	2.0	2145	$3,000	$1.40	119d	1	0.97mi
14727 S Urbana Ave Bixby, OK	3.0	2.0	2145	$2,300	$1.07	76d	1	0.97mi
14320 S New Haven Ave Bixby, OK	4.0	2.0	1757	$2,200	$1.25	80d	1	1.04mi
14310 S New Haven Ave Bixby, OK	4.0	3.0	1866	$2,000	$1.07	6d	1	1.05mi

Property features AI

Finance

• HOA & community: Homeowners association with annual fee of $600

Exterior

• Parking: Attached 2-car garage
• Utilities: Public waterPublic sewerElectricity availableNatural gas availableCable availablePhone available
• Home design: Single-storySlab foundation
• Construction: Wood frame constructionAsphalt/fiberglass roofBuilt by builderHome warranty included
• Exterior features: South-facingNo safety shelter

Interior

• Kitchen: OvenRangeStove
• Flooring: Vinyl flooring
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (gas)Central air conditioning
• Interior features: Quartz and stone countersVinyl windows
• Laundry & utility: Gas water heater

Listing history 50 events

1. 2026-08-28
   days on market $345,747 Active 402 DOM
2. 2026-08-27
   days on market $345,747 Active 401 DOM
3. 2026-08-26
   days on market $345,747 Active 400 DOM
4. 2026-08-25
   days on market $345,747 Active 399 DOM
5. 2026-08-24
   days on market $345,747 Active 398 DOM
6. 2026-08-23
   days on market $345,747 Active 397 DOM
7. 2026-08-22
   days on market $345,747 Active 396 DOM
8. 2026-08-21
   days on market $345,747 Active 395 DOM
9. 2026-08-20
   days on market $345,747 Active 394 DOM
10. 2026-08-19
    days on market $345,747 Active 393 DOM
11. 2026-08-18
    days on market $345,747 Active 392 DOM
12. 2026-08-17
    days on market $345,747 Active 391 DOM
13. 2026-08-16
    days on market $345,747 Active 390 DOM
14. 2026-08-15
    days on market $345,747 Active 389 DOM
15. 2026-08-14
    days on market $345,747 Active 388 DOM
16. 2026-08-13
    days on market $345,747 Active 387 DOM
17. 2026-08-12
    days on market $345,747 Active 386 DOM
18. 2026-08-11
    days on market $345,747 Active 385 DOM
19. 2026-08-10
    days on market $345,747 Active 384 DOM
20. 2026-08-09
    days on market $345,747 Active 383 DOM
21. 2026-08-08
    days on market $345,747 Active 382 DOM
22. 2026-08-07
    days on market $345,747 Active 381 DOM
23. 2026-08-06
    days on market $345,747 Active 380 DOM
24. 2026-08-05
    days on market $345,747 Active 379 DOM
25. 2026-08-04
    days on market $345,747 Active 378 DOM
26. 2026-08-03
    pricestatusdays on marketlisting id $345,747 Active 377 DOM
27. 2026-07-09
    statusdays on market $361,853 Pending 29 DOM
28. 2026-07-07
    days on market $361,853 Active 28 DOM
29. 2026-07-06
    days on market $361,853 Active 27 DOM
30. 2026-07-05
    days on market $361,853 Active 26 DOM
31. 2026-07-03
    days on market $361,853 Active 24 DOM
32. 2026-07-02
    days on market $361,853 Active 23 DOM
33. 2026-07-01
    days on market $361,853 Active 22 DOM
34. 2026-06-30
    days on market $361,853 Active 21 DOM
35. 2026-06-29
    days on market $361,853 Active 20 DOM
36. 2026-06-28
    days on market $361,853 Active 19 DOM
37. 2026-06-27
    days on market $361,853 Active 18 DOM
38. 2026-06-27
    days on market $361,853 Active 17 DOM
39. 2026-06-25
    days on market $361,853 Active 15 DOM
40. 2026-06-22
    days on market $361,853 Active 13 DOM
41. 2026-06-21
    days on market $361,853 Active 12 DOM
42. 2026-06-18
    days on market $361,853 Active 9 DOM
43. 2026-06-17
    days on market $361,853 Active 8 DOM
44. 2026-06-16
    days on market $361,853 Active 7 DOM
45. 2026-06-15
    days on market $361,853 Active 6 DOM
46. 2026-06-13
    days on market $361,853 Active 4 DOM
47. 2026-06-13
    days on market $361,853 Active 3 DOM
48. 2026-06-10
    pricedays on marketlisting id $361,853 Active 1 DOM
49. 2026-06-09
    remarks 699-char remark
50. 2026-06-09
    days on marketlisting id $345,747 Active 322 DOM

ⓘ 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: $28,856
• − Mortgage interest: −$19,367
• − Property taxes: −$5,186
• − Insurance: −$1,729
• − Repairs & maintenance: −$2,308
• − Management: −$2,308
• − Depreciation: −$10,058
• Taxable loss: −$12,101
• Est. tax savings @ 24.0%: +$2,904
• After-tax cash flow: $-2,972/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 80/100 None rehab

This move-in-ready home in Henson Square offers a modern and well-maintained living space with ample natural light and a spacious floor plan.

Value-add opportunities

• Resale Painting the exterior — Fresh paint can enhance curb appeal and property value ↑
• Resale Landscaping improvements — Enhanced landscaping can attract more buyers ↑
• Both Adding smart home features — Modern technology can increase both resale and rental value ↑

F Composite school gradezoned avg 37/100

Zoned Schools

Elementary Central Es F OK #213/845 Nat'l #24,950/41,679 Middle Bixby Ms F OK #33/345 Nat'l #7,937/14,009 High Bixby Hs D- OK #13/447 Nat'l #6,809/17,239

Schools (NCES district)

• District: Bixby
• NCES district ID: 4004500
• Math proficiency: 39% ▼ -13.00%
• Reading proficiency: 36% ▼ -14.00%
• Median HH income: $75,727
• Composite: 34.9/100
• National rank: #5081
• State rank: #15 of 270 in OK

B Composite livability gradescore 72/100

Livability — Bixby

• Score: 72/100
• State rank: #24
• US rank: #6029

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Bixby, OK
• County: Tulsa County · 723,846 people
• City population: 389,418
• Metro: Tulsa, OK
• Population (ZIP): 34,006
• Household income: $104,000
• Rent vs Own: 23.8% rent · 76.2% own
• Severe rent burden: 10% of renters

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Population outlook (Tulsa County) Hauer SSP2

• Today (2025): 723,846 people
• By 2030: 766,033 · +5.8%
• By 2040: 851,386 · +17.6%
• By 2050: 938,389 · +29.6%
• By 2075: 1,166,011 · +61.1%
• By 2100: 1,350,277 · +86.5%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (73%)
• Race & ethnicity: White 73% Two or more races 15% Hispanic / Latino 9% Native American 5% Asian 2% Black 2%
• Hispanic origin (detail): Mexican 5%
• Common ancestry: Italian 4% Slovak 2% Lithuanian 2%
• Foreign-born: 5% · Canada
• Languages at home: 92% English-only · Spanish 5% Other Indo-European 1%

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Political lean MEDSL · Tulsa

• 2024 margin: R (+15.2) · D 41.3% · R 56.5% · Other 2.2%
• 2008→2024 swing: +9.2pp toward D · 2008: -24.5pp · 2024: -15.2pp
• All cycles: 2024: R+15.2 2020: R+15.6 2016: R+22.9 2012: R+27.4 2008: R+24.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -127.20%
• Current HPI: 195.2538
• Rent YoY: ▲ 3.34%
• Metro: Tulsa, OK
• State GDP YoY: ▲ 1.55%
• F500 in state: 6

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Industry mix (Fortune 500 HQ in OK)

Industry	F500 HQs	Revenue
▸Energy	3	$48B

Property features AI

Finance

• HOA & community: Homeowners association with annual fee of $600

Exterior

• Parking: Attached 2-car garage
• Utilities: Public waterPublic sewerElectricity availableNatural gas availableCable availablePhone available
• Home design: Single-storySlab foundation
• Construction: Wood frame constructionAsphalt/fiberglass roofBuilt by builderHome warranty included
• Exterior features: South-facingNo safety shelter

Interior

• Kitchen: OvenRangeStove
• Flooring: Vinyl flooring
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (gas)Central air conditioning
• Interior features: Quartz and stone countersVinyl windows
• Laundry & utility: Gas water heater

Price history

+0.0% since first listed

8 events — show timeline

• 2026-06-09 Listed $361,853 MLS Technology, Inc.
• 2026-06-08 Listing Removed — MLS Technology, Inc.
• 2026-04-22 Price Changed $345,747 MLS Technology, Inc.
• 2026-04-18 Price Changed $345,747 Zillow
• 2025-12-20 Price Changed $353,853 Zillow
• 2025-12-19 Price Changed $353,853 MLS Technology, Inc.
• 2025-12-08 Listed $361,853 MLS Technology, Inc.
• 2025-07-22 Listed $361,853 Zillow