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3541 Hank Dr
D+ Composite 48.43
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 +13.6/15.0
  • Cash flow +13.2/30.0
  • Condition / age +5.0/5.0
  • DSCR +4.0/10.0
  • Schools +4.0/10.0
  • 1% rule +3.7/10.0
  • Rent growth +2.5/5.0
  • Livability +2.5/5.0
  • Appreciation +0.0/10.0

$299,990

3541 Hank Dr · Heartland, TX 75114
4 bd · 2.5 ba · 2,235 sqft · SingleFamily · 109 Days on market
Built 2026 Excellent condition 2-car garage $134/sqft · 15% below area Est $347k · 14% under

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks

Step into modern elegance with this stunning brand-new 2-story home designed to impress from the moment you arrive. A breathtaking 2-story entryway sets the tone, flooding the space with natural light and creating a grand first impression. This thoughtfully designed home features four spacious bedrooms and two and a half baths, offering both comfort and functionality for everyday living. A gorgeous flex space near the entry provides endless possibilities-perfect for a home office, formal dining area, or cozy sitting room. At the heart of the home, you'll find an open-concept kitchen that truly shines.

Key facts

  • 2 garage spots
  • Built 2026
  • Listed 108 days

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 4-bed/2.5-bath single-family listed at $300k. Condition is rated excellent.

Deal economics

  • At list price, monthly cash flow is $-6 ($-72/yr) — negative.
  • To cash-flow at today's rent, offer at most $299k (0.3% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $262k (12.8% below list).
  • Recommended offer: $262k (12.8% below list) — sets the bar for 1% rule.
  • Cap rate 6.3% vs local median 4.9% in Heartland — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

  • Location reads: area grade D — affects rentability + tenant quality, not the cash-flow math above.
  • Crandall ISD (rural): math 36% / reading 42% proficiency, ranked #351 of 826 in TX (top 42%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Barbara Walker El (math 35% / reading 36%, grade F, #1,946 of 4,322 statewide, top 45%, 663 students, 67% FRL); Crandall Middle (math 38% / reading 42%, grade F, #646 of 1,662 statewide, top 40%, 983 students, 60% FRL); Crandall H S (math 33% / reading 53%, grade F, #713 of 1,632 statewide, top 44%, 1,707 students, 56% FRL) — zoned schools average 61% FRL vs 41% district-wide (20 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: 1208 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 88d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 72% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 1,747 units permitted in Kaufman County in 2024 (180 in 5+ unit buildings).
  • This rent runs 36% of the median local income ($88k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.
  • Kaufman County population projected at +43% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 109 days — a 9% lower offer ($273k) is reasonable based on typical stale-listing flexibility.
Recommended offer $261,667 (12.8% 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 109 days. Have you received any prior offers? Is the seller open to a 13% 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. 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?
  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
0.87%
Cap rate
6.27%
Cash-on-cash
-0.09%
DSCR
1.00
GRM
9.6

CMA / ARV

ARV (median comp)
$347,095
List price
$299,990
Delta
-4.80%
Verdict
FAIR
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
3009 Finney St 0.23mi 4/2.5 2,203 (-1%) 2mo $346,990 $158 85
3512 Hank Dr 0.07mi 5/3.0 (+1) 2,128 (-5%) 1mo $324,990 $153 81
3007 Mary Grace Ln 0.43mi 4/3.0 2,257 (+1%) 1mo $329,990 $146 75
3517 Kemp Dr 0.08mi 4/3.0 1,947 (-13%) 1mo $344,990 $177 72
3920 Bison Ln 0.24mi 5/3.0 (+1) 2,370 (+6%) 3mo $389,990 $165 70
4105 Buffalo Grass Trl 0.32mi 4/2.0 2,062 (-8%) 3mo $313,895 $152 68
3946 Bison Ln 0.25mi 4/2.0 2,004 (-10%) 2mo $269,900 $135 68
3059 Mary Grace Ln 0.44mi 4/2.5 2,385 (+7%) 2mo $363,040 $152 67
3821 Maize Ave 0.39mi 3/2.0 (-1) 2,054 (-8%) 2mo $412,960 $201 60
3055 Mary Grace Ln 0.44mi 4/3.0 1,956 (-12%) 1mo $319,990 $164 56
3834 Belleview Pl 0.45mi 3/2.5 (-1) 2,463 (+10%) 2mo $399,405 $162 55
4117 Valley Mills Dr 0.47mi 3/2.0 (-1) 1,948 (-13%) 1mo $349,999 $180 49

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 · 3.0% rent growth · sell at horizon

5-year hold
IRR
-16.4%
Equity multiple
0.42×
Total profit
$-48,953
Equity at exit
$44,729
10-year hold
IRR
-8.2%
Equity multiple
0.49×
Total profit
$-42,958
Equity at exit
$25,938

Cash invested: $83,997 (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.
Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

For sale now
221 active · 75 under contract
Months of supply
17.2 mo (6%/mo absorbed)
Median asking
$344,999 ($155/sqft)
Median days on market
72 d
This list price
11% of active listings are priced below it
ARV vs active asking
+0.0% vs current asking $/sqft

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

ZIP-level market 75114

Home prices YoY
-26.7%
Active inventory
1208
Price-to-rent
9.6×

Monthly cashflow live

Estimated rent
$2,617 high interval (Pro) →
Mortgage (P&I)
$1,573
Tax est. 1.5%
$375 /mo · $4,500/yr
Insurance
$125
HOA
$0
Vacancy / Maint / Mgmt
$550
Net cashflow
$-6

Break-even live

Break-even rent $2,624
Max offer price $299,124
Occupancy floor 95%

Sensitivity live

Price -10% $201 -5% $98 +0% $-6 +5% $-110 +10% $-213
Rent -10% $-213 -5% $-109 +0% $-6 +5% $97 +10% $201
Rate -1.0pp $145 -0.5pp $70 base $-6 +0.5pp $-84 +1.0pp $-163

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
$74,998
Closing costs
$9,000
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
3011 Temple Gate Ct Crandall, TX 5.0 3.0 2730 $3,300 $1.21 90d 1 0.30mi
3829 Walnut Creek Dr Crandall, TX 4.0 3.0 2370 $3,000 $1.27 0d 1 0.41mi
3013 Apple Creek Ave Crandall, TX 4.0 3.0 2279 $2,975 $1.31 20d 1 0.41mi
4101 Valley Mills Dr Crandall, TX 4.0 2.5 2278 $2,550 $1.12 78d 1 0.43mi
3120 Providence Pl Crandall, TX 3.0 2.5 1746 $2,200 $1.26 69d 1 0.43mi
3028 Willow Wood Ct Crandall, TX 3.0 2.5 1764 $2,500 $1.42 12d 1 0.44mi
3147 Blossom Trl Crandall, TX 4.0 3.0 2177 $2,700 $1.24 139d 1 0.50mi
3750 Honey Daisy Dr Crandall, TX 4.0 3.5 2885 $2,750 $0.95 106d 1 0.52mi
3750 Honey Daisy Dr Crandall, TX 4.0 3.5 2885 $2,675 $0.93 90d 1 0.52mi
3750 Honey Daisy Dr Crandall, TX 4.0 3.5 2885 $2,575 $0.89 20d 1 0.52mi
3221 Sioux Trl Crandall, TX 4.0 2.0 1672 $2,450 $1.47 74d 1 0.60mi
3226 Sioux Trl Crandall, TX 4.0 3.0 2232 $3,100 $1.39 63d 1 0.63mi
3226 Sioux Trl Crandall, TX 4.0 3.0 2403 $3,100 $1.29 90d 1 0.63mi
3226 Sioux Trl Crandall, TX 4.0 3.0 2232 $2,600 $1.16 20d 1 0.63mi
3811 Thomas Plns Dr Crandall, TX 4.0 3.0 2728 $2,600 $0.95 83d 1 0.68mi
3004 Dakota Trl Crandall, TX 4.0 2.0 1938 $2,300 $1.19 99d 1 0.69mi
3630 Pendleton Ct Forney, TX 4.0 3.0 2334 $2,800 $1.20 50d 1 0.69mi
3936 Bellingham Ln Forney, TX 4.0 2.0 1938 $2,100 $1.08 79d 1 0.70mi
2915 Acacia Dr Heartland, TX 4.0 2.5 1982 $2,100 $1.06 5d 1 0.71mi
2919 Cascade Ln Forney, TX 3.0 2.0 1481 $2,200 $1.49 139d 1 0.75mi
2826 Hudson Dr Crandall, TX 3.0 2.0 1639 $2,350 $1.43 87d 1 0.77mi
3903 Pioneer Dr Forney, TX 4.0 2.0 1754 $2,350 $1.34 82d 1 0.80mi
3140 Blacksmith Ln Forney, TX 4.0 2.0 1790 $2,300 $1.28 78d 1 0.89mi
3909 Chesapeake Ln Heartland, TX 3.0 2.0 1750 $2,300 $1.31 26d 1 0.89mi
3941 Hometown Blvd Unit 3941 Crandall, TX 3.0 2.5 1736 $2,400 $1.38 139d 1 0.89mi
2233 Starstruck Ct Crandall, TX 4.0 2.0 2062 $2,299 $1.11 0d 1 0.91mi
3916 Ford Dr Heartland, TX 4.0 3.0 2484 $2,600 $1.05 116d 1 0.92mi
2624 Bartlett St Crandall, TX 4.0 2.0 1707 $1,825 $1.07 120d 1 0.93mi
2745 Bronte Blvd Crandall, TX 4.0 2.0 1667 $1,845 $1.11 120d 1 0.93mi
3915 Spencer Ln Heartland, TX 4.0 3.0 2255 $2,950 $1.31 26d 1 0.94mi
2236 Mustang Ghost Trl Crandall, TX 4.0 2.0 2083 $2,260 $1.08 0d 1 0.95mi
2739 Bronte Blvd Crandall, TX 4.0 2.0 1707 $1,825 $1.07 120d 1 0.95mi
3918 Rochelle Ln Heartland, TX 4.0 3.0 2360 $2,600 $1.10 26d 1 0.95mi
2237 Mustang Ghost Trl Crandall, TX 3.0 2.0 1952 $2,040 $1.05 139d 1 0.96mi
2746 Bronte Blvd Crandall, TX 4.0 2.0 1707 $1,825 $1.07 120d 1 0.96mi
2521 Flight Trl Crandall, TX 4.0 2.0 1707 $1,825 $1.07 120d 1 0.99mi
3948 Mercedes Bnd Forney, TX 5.0 3.0 2892 $2,700 $0.93 88d 1 1.01mi
2513 Flight Trl Crandall, TX 4.0 2.0 1707 $1,825 $1.07 120d 1 1.01mi
2409 Fleming Dr Crandall, TX 4.0 2.0 1667 $1,845 $1.11 120d 1 1.02mi
2510 Flight Trl Crandall, TX 4.0 2.0 1667 $1,845 $1.11 120d 1 1.04mi

Property features AI

Finance

Other
Subdivision: HeartlandDirections: Heading South on 635: Take exit onto Hwy 20, Take exit onto FM 740.
Financial info
Treat as clear loan typeNo second mortgage indicated
HOA & community
Mandatory HOA (Heartland Community Assoc.)HOA management and fees included (management fees)Annual HOA feeCommunity amenities: community pool, community dock, lake, park, playground, fitness center, greenbelt, jogging/bike paths, sidewalks

Exterior

Parking
Attached 2-car garage with 2 covered spacesGarage door openerGarage faces front2-car single door (approx. 20' x 20')
Security
Smoke detectorsCarbon monoxide detectorsPrewired for security
Utilities
City waterCity sewerIndividual gas meterIndividual water meterCommunity mailboxSidewalkLocated in a Municipal Utility District
Home design
Single family residenceTwo levelsNew construction completed in 2026Smart home features
Construction
Brick constructionComposition roofSlab foundation
Exterior features
Covered porchGuttersExterior lightingFull wood fence with gateLandscaped yard with sprinkler systemInterior lot in a subdivision

Interior

Kitchen
DishwasherDisposalElectric ovenGas cooktopMicrowaveKitchen islandPantryGranite countersEat-in kitchen
Bedrooms
4 bedroomsPrimary bedroom on main level
Flooring
CarpetCeramic tileLaminate
Bathrooms
2 full bathrooms1 half bathroom
Heating & cooling
Central heating (natural gas)Central airElectric coolingCeiling fans
Interior features
Cable TV prewiredDouble vanityEat-in kitchenGranite countersKitchen islandOpen floorplanPantryVaulted ceilings
Laundry & utility
Full-size washer/dryer areaWasher hookupElectric dryer hookupUtility roomTankless water heater

Listing history 50 events

  1. 2026-09-24
    days on market $299,990 Active 109 DOM
  2. 2026-09-23
    pricedays on marketlisting id $299,990 Active 108 DOM
  3. 2026-09-20
    days on market $330,444 Active 39 DOM
  4. 2026-09-19
    days on market $330,444 Active 38 DOM
  5. 2026-09-18
    days on market $330,444 Active 37 DOM
  6. 2026-09-17
    days on market $330,444 Active 36 DOM
  7. 2026-09-16
    days on market $330,444 Active 35 DOM
  8. 2026-09-15
    days on market $330,444 Active 34 DOM
  9. 2026-09-14
    days on market $330,444 Active 33 DOM
  10. 2026-09-13
    days on market $330,444 Active 32 DOM
  11. 2026-09-12
    days on market $330,444 Active 31 DOM
  12. 2026-09-11
    days on market $330,444 Active 30 DOM
  13. 2026-09-05
    days on market $330,444 Active 24 DOM
  14. 2026-09-04
    days on market $330,444 Active 23 DOM
  15. 2026-08-31
    days on market $330,444 Active 19 DOM
  16. 2026-08-30
    days on market $330,444 Active 18 DOM
  17. 2026-08-29
    days on market $330,444 Active 17 DOM
  18. 2026-08-28
    days on market $330,444 Active 16 DOM
  19. 2026-08-27
    days on market $330,444 Active 15 DOM
  20. 2026-08-25
    days on market $330,444 Active 13 DOM
  21. 2026-08-24
    days on market $330,444 Active 12 DOM
  22. 2026-08-23
    days on market $330,444 Active 11 DOM
  23. 2026-08-22
    days on market $330,444 Active 10 DOM
  24. 2026-08-21
    days on market $330,444 Active 9 DOM
  25. 2026-08-20
    days on market $330,444 Active 8 DOM
  26. 2026-08-19
    days on market $330,444 Active 7 DOM
  27. 2026-08-18
    days on market $330,444 Active 6 DOM
  28. 2026-08-17
    days on market $330,444 Active 5 DOM
  29. 2026-08-16
    days on market $330,444 Active 4 DOM
  30. 2026-08-15
    days on market $330,444 Active 3 DOM
  31. 2026-08-14
    days on market $330,444 Active 2 DOM
  32. 2026-08-13
    days on marketlisting id $330,444 Active 1 DOM
  33. 2026-07-31
    pricedays on market $330,444 Active 107 DOM
  34. 2026-06-26
    days on market $315,990 Active 106 DOM
  35. 2026-06-24
    days on market $315,990 Active 104 DOM
  36. 2026-06-22
    days on market $315,990 Active 102 DOM
  37. 2026-06-21
    days on market $315,990 Active 101 DOM
  38. 2026-06-18
    days on market $315,990 Active 98 DOM
  39. 2026-06-17
    days on market $315,990 Active 97 DOM
  40. 2026-06-16
    days on market $315,990 Active 96 DOM
  41. 2026-06-15
    days on market $315,990 Active 95 DOM
  42. 2026-06-13
    days on market $315,990 Active 93 DOM
  43. 2026-06-10
    price $315,990 Active 89 DOM
  44. 2026-06-09
    days on market $309,990 Active 89 DOM
  45. 2026-06-08
    days on market $309,990 Active 88 DOM
  46. 2026-06-07
    pricedays on market $309,990 Active 87 DOM
  47. 2026-06-04
    days on market $319,990 Active 84 DOM
  48. 2026-06-03
    days on market $319,990 Active 83 DOM
  49. 2026-06-02
    days on market $319,990 Active 82 DOM
  50. 2026-06-01
    days on market $319,990 Active 81 DOM

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

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$31,400
− Mortgage interest
−$16,804
− Property taxes
−$4,500
− Insurance
−$1,500
− Repairs & maintenance
−$2,512
− Management
−$2,512
− Depreciation
−$8,727
Taxable loss
−$5,155
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,237
After-tax cash flow
$1,165/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 · 3 photos

Excellent 100/100 None rehab

This stunning, brand-new 2-story home is move-in ready with no visible repairs or maintenance needed. It offers modern elegance and ample space, making it an excellent investment opportunity.

Value-add opportunities

  • Both Painting exterior and interior — Enhances curb appeal and interior aesthetics
  • Both Landscaping improvements — Enhances curb appeal and adds value
  • Resale Kitchen appliances — Modernizes the kitchen and appeals to potential buyers
  • Resale Bathroom fixtures — Modernizes bathrooms and appeals to potential buyers
F Composite school gradezoned avg 40/100

Zoned Schools

Elementary Barbara Walker El F TX #1,946/4,322 Nat'l #22,764/41,679 Middle Crandall Middle F TX #646/1,662 Nat'l #6,005/14,009 High Crandall H S F TX #713/1,632 Nat'l #7,439/17,239

Schools (NCES district)

District
Crandall ISD
NCES district ID
4815510
Math proficiency
36% ▼ -13.00%
Reading proficiency
42% ▼ -8.00%
Median HH income
$70,076
Composite
35.57/100
National rank
#4901
State rank
#351 of 826 in TX

Livability — Heartland

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

Census place
Heartland, TX
County
Kaufman County · 138,716 people
Metro
Dallas-Fort Worth-Arlington, TX
Population (ZIP)
9,333
Household income
$88,013
Rent vs Own
12.7% rent · 87.3% own
Severe rent burden
5% of renters

Population outlook (Kaufman County) Hauer SSP2

Today (2025)
138,716 people
By 2030
150,815 · +8.7%
By 2040
174,877 · +26.1%
By 2050
198,020 · +42.8%
By 2075
251,908 · +81.6%
By 2100
285,325 · +105.7%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.62)
Race & ethnicity
White 48% Hispanic / Latino 36% Two or more races 14% Black 14%
Hispanic origin (detail)
Mexican 34%
Common ancestry
Slovak 1%
Foreign-born
18% · Canada, China
Languages at home
71% English-only · Spanish 27% Other Indo-European 1%

Political lean MEDSL · Kaufman

2024 margin
Strong R (+27.9) · D 35.6% · R 63.5%
2008→2024 swing
+7.9pp toward D · 2008: -35.8pp · 2024: -27.9pp
All cycles
2024: R+27.9 2020: R+33.9 2016: R+47.0 2012: R+44.4 2008: R+35.8

Not yet ingested

Civics

Price history

1 event — show timeline
  • 2026-08-12 Listed $330,444 NTREIS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…