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609 Bryan St
C+ Composite 64.95
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 +22.6/30.0
  • ARV discount +15.0/15.0
  • 1% rule +8.1/10.0
  • DSCR +7.3/10.0
  • Schools +3.6/10.0
  • Livability +3.6/5.0
  • Condition / age +2.5/5.0
  • Rent growth +2.3/5.0
  • Appreciation +0.0/10.0

$150,000

609 Bryan St · Weatherford, TX 76086
3 bd · 2.5 ba · 1,730 sqft · SingleFamily public records · 6 Days on market
Built 1998 9,017 sqft lot Est $280k · 46% under ↓ 47% since listing

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

Listing remarks MLS

Move in ready home near Weatherford's Downtown Square and shopping! This spacious home offers 1730 sqft of living space with 3 bedrooms, 2 baths, large living area, utility room, open dining and kitchen with a new stove, and oversized pantry. The house sits on a large peaceful lot with scattered trees and covered parking. This home has a lot to offer and a must see.

Key facts

  • 9,017 sq ft lot
  • 2 parking spots
  • Built 1998

Property features AI

Finance

  • Other: Property subtype: Single Family Residence; Lot is less than 0.5 acre (approximately 0.207 acres); Parcel/PPN: R000019326; Restrictions: Unknown encumbrance(s)
  • Financial info: Listing terms include cash and conventional; Special listing condition: Real Estate Owned
  • HOA & community: No association; Community features: Other

Exterior

  • Parking: Covered parking; 2 carport spaces; 2 covered spaces; No garage
  • Utilities: City water; City sewer; Cable available; Asphalt access
  • Home design: Single-family residence; Residential property; One story; Preowned (built in 1998)
  • Construction: Brick, wood and other construction materials; Composition roof; Built in 1998
  • Exterior features: Covered patio/porch; Grassed yard; Interior lot

Interior

  • Kitchen: Appliances: Other
  • Bedrooms: 3 bedrooms (all on main level); Primary bedroom on main level
  • Bathrooms: 2 full bathrooms; 1 half bathroom (on main level)
  • Heating & cooling: Central heating; Central air conditioning
  • Interior features: Cable TV available; 7 total rooms; One-level layout; 1 living area; 1 dining area
  • Laundry & utility: Full-size washer/dryer area

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.5-bath single-family listed at $150k.

Deal economics

  • At list price, monthly cash flow is $256 ($3k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $150k).
  • Cap rate 8.3% vs local median 2.7% in Weatherford — 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 71/100 on livability (#289 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime B+; Watch: health & safety D+, amenities F, commute F.
  • Weatherford ISD (town): math 39% / reading 44% proficiency, ranked #321 of 826 in TX (top 39%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Curtis El (math 43% / reading 43%, grade F, #1,283 of 4,322 statewide, top 30%, 644 students, 51% FRL); Hall Middle (math 43% / reading 45%, grade D, #512 of 1,662 statewide, top 32%, 973 students, 47% FRL); Weatherford H S (math 33% / reading 53%, grade F, #713 of 1,632 statewide, top 44%, 2,525 students, 40% FRL) — zoned schools at 46% FRL track the district average.
  • Market conditions: Rents soft (-0.9%/yr); 165 active listings in the ZIP; 24 comparable units currently listed for rent nearby; rentals at typical pace (median 27d on market — plan ~3-4 weeks tenant-placement turnaround); 437 units permitted in Parker County in 2024 (0 in 5+ unit buildings).
  • This rent runs 39% of the median local income ($61k/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 $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
  • Parker County population projected at +32% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • Only 6 days on market — expect competitive offers; lowballing is unlikely to land.
  • 2 sale attempts since 5y 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.

Risks & watch-outs

  • Watch-outs: property tax is 3.6% of price.
  • Climate carrying-cost: major wildfire risk; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $150,000

Questions for the listing agent

  1. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
  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. 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
1.31%
Cap rate
8.34%
Cash-on-cash
7.31%
DSCR
1.33
GRM
6.4

CMA / ARV

ARV (on-the-fly)
$280,260
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
427 W Ball St 0.19mi 3/2.0 1,691 (-2%) 6mo $259,900 $154 80
307 Bryan St 0.29mi 3/2.0 1,766 (+2%) 7mo $320,000 $181 75
519 Bryan St 0.06mi 4/2.0 (+1) 1,820 (+5%) 12mo $289,500 $159 72
714 W Ball St 0.19mi 3/2.5 1,579 (-9%) 8mo $249,000 $158 70
801 Hanover St 0.40mi 3/2.0 1,784 (+3%) 8mo $350,000 $196 68
702 W Spring St 0.39mi 2/1.0 (-1) 1,716 (-1%) 6mo $215,000 $125 64
411 Harcourt St 0.29mi 3/3.0 1,853 (+7%) 11mo $299,500 $162 63
119 Wheeler St 0.41mi 3/2.0 1,572 (-9%) 5mo $270,000 $172 60
1417 Oliver St 0.71mi 3/1.5 1,764 (+2%) 2mo $145,000 $82 58
1032 W Oak St Unit A 0.73mi 3/2.0 1,787 (+3%) 2mo $119,900 $67 57
407 W Columbia St 0.71mi 2/2.0 (-1) 1,620 (-6%) 4mo $449,900 $278 46
1213 Franklin St 0.57mi 4/2.0 (+1) 1,568 (-9%) 7mo $324,900 $207 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 · 0.0% rent growth · sell at horizon

5-year hold
IRR
-9.2%
Equity multiple
0.68×
Total profit
$-13,578
Equity at exit
$22,365
10-year hold
IRR
-5.4%
Equity multiple
0.71×
Total profit
$-12,329
Equity at exit
$12,969

Cash invested: $42,000 (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.

ZIP-level market 76086

Rents YoY
-0.9%
Active inventory
165
Price-to-rent
6.4×

Monthly cashflow live

Estimated rent
$1,966 high interval (Pro) →
Mortgage (P&I)
$787
Tax from tax record
$448 /mo · $5,377/yr
Insurance
$62
HOA
$0
Vacancy / Maint / Mgmt
$413
Net cashflow
$256

Break-even live

Break-even rent $1,642
Max offer price $150,000
Occupancy floor 82%

Sensitivity live

Price -10% $341 -5% $298 +0% $256 +5% $213 +10% $171
Rent -10% $101 -5% $178 +0% $256 +5% $334 +10% $411
Rate -1.0pp $331 -0.5pp $294 base $256 +0.5pp $217 +1.0pp $178

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
$37,500
Closing costs
$4,500
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 24 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
302 W Spring St Weatherford, TX 3.0 2.5 1800 $1,900 $1.06 46d 1 0.47mi
106 N Merrimac St Weatherford, TX 3.0 2.0 1064 $1,650 $1.55 26d 1 0.48mi
442 W Oak St Weatherford, TX 3.0 2.5 1840 $2,150 $1.17 46d 1 0.59mi
422 W Oak St Unit 422 Weatherford, TX 3.0 2.5 1840 $2,100 $1.14 46d 1 0.60mi
217 Clinton Dr Weatherford, TX 3.0 2.0 1296 $1,750 $1.35 24d 1 0.70mi
1316 Eastview Dr Weatherford, TX 3.0 1.5 1271 $2,100 $1.65 14d 1 0.73mi
1407 Franklin St Weatherford, TX 3.0 1.0 1222 $1,550 $1.27 46d 1 0.75mi
710 N Rusk St Weatherford, TX 3.0 2.0 1280 $2,095 $1.64 46d 1 0.81mi
1501 Hanover St Weatherford, TX 2.0 2.0 1067 $1,900 $1.78 19d 1 0.83mi
303 E 2nd St Weatherford, TX 3.0 2.0 1291 $1,595 $1.24 46d 1 0.83mi
405 S Brazos St Weatherford, TX 3.0 2.0 2146 $2,500 $1.16 26d 1 0.84mi
303 S Elm St Weatherford, TX 4.0 2.0 1500 $2,250 $1.50 6d 1 0.92mi
206 E Columbia St Weatherford, TX 2.0 2.0 1440 $2,300 $1.60 1d 1 0.93mi
1434 W Water St Weatherford, TX 3.0 2.0 1554 $1,795 $1.16 9d 1 1.00mi
1316 Liberty St Weatherford, TX 3.0 2.0 1545 $2,200 $1.42 24d 1 1.08mi
809 S Lamar St Weatherford, TX 3.0 2.0 1650 $2,800 $1.70 21d 1 1.09mi
610 E Water St Weatherford, TX 3.0 2.0 1474 $1,700 $1.15 46d 1 1.09mi
101 Hummingbird Dr Weatherford, TX 3.0 2.0 1500 $2,200 $1.47 0d 1 1.16mi
1122 Story Book Ln Weatherford, TX 3.0 2.0 1182 $1,850 $1.57 6d 1 1.35mi
510 E Akard St Unit 400 Weatherford, TX 2.0 2.0 1200 $1,499 $1.25 7d 1 1.42mi
509 Eureka St Unit 100 Weatherford, TX 2.0 2.0 1200 $1,499 $1.25 26d 1 1.45mi
105 Brazos Ln Unit 107 Weatherford, TX 3.0 2.0 1155 $1,795 $1.55 46d 1 1.48mi
107 Brazos Ln Weatherford, TX 3.0 2.0 1155 $1,795 $1.55 46d 1 1.49mi
217 Rentz Place Cir Weatherford, TX 3.0 2.0 1155 $1,875 $1.62 7d 1 1.49mi

Listing history 4 events

  1. 2026-06-21
    days on market $150,000 Active 6 DOM
  2. 2026-06-18
    days on market $150,000 Active 3 DOM
  3. 2026-06-17
    days on market $150,000 Active 2 DOM
  4. 2026-06-16
    listed $150,000 Active 1 DOM

ⓘ 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
$5,377 · $448/mo
Projected year-2 tax
$5,377 · $448/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 6/10 Major
  • 🌡 Heat 7/10 Severe 7 d/yr ≥107°F today · 21 d/yr by 30 yrs out
  • 💨 Wind 4/10 Moderate 20% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$23,592
− Mortgage interest
−$8,402
− Property taxes
−$5,377
− Insurance
−$750
− Repairs & maintenance
−$1,887
− Management
−$1,887
− Depreciation
−$4,364
Taxable income
$924
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$222
After-tax cash flow
$2,849/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
Weatherford ISD
NCES district ID
4844800
Math proficiency
39% ▼ -3.00%
Reading proficiency
44% ▼ -2.00%
Median HH income
$57,087
Composite
36.4/100
National rank
#4679
State rank
#321 of 826 in TX

Livability — Weatherford

Score
71/100
State rank
#289
US rank
#6648

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Weatherford, TX
County
Parker County · 144,797 people
City population
60,150
Metro
Dallas-Fort Worth-Arlington, TX
Population (ZIP)
23,328
Household income
$60,578
Rent vs Own
47.5% rent · 52.5% own
Severe rent burden
1143.0

Population outlook (Parker County) Hauer SSP2

Today (2025)
147,426 people
By 2030
157,863 · +7.1%
By 2040
177,519 · +20.4%
By 2050
194,786 · +32.1%
By 2075
238,799 · +62.0%
By 2100
264,126 · +79.2%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (73%)
Race & ethnicity
White 73% Hispanic / Latino 17% Two or more races 10% Black 4% Asian 2%
Hispanic origin (detail)
Mexican 15%
Common ancestry
Italian 3% Lithuanian 2% Serbian 2%
Foreign-born
6% · Canada, Vietnam, China
Languages at home
88% English-only · Spanish 9% Vietnamese 2%

Political lean MEDSL · Parker

2024 margin
Solid R (+66.4) · D 16.4% · R 82.8%
2008→2024 swing
-11.2pp toward R · 2008: -55.2pp · 2024: -66.4pp
All cycles
2024: R+66.4 2020: R+64.4 2016: R+67.5 2012: R+65.8 2008: R+55.2

Not yet ingested

Civics

Market trends

HPI YoY
▼ -264.48%
Current HPI
230.8312
Rent YoY
▼ -0.90%
Metro
Dallas-Fort Worth-Arlington, TX
State GDP YoY
▲ 3.95%
F500 in state
110

Industry mix (Fortune 500 HQ in TX)

Industry F500 HQs Revenue

Price history

-46.8% since first listed
7 events — show timeline
  • 2026-06-06 Listed $150,000 NTREIS
  • 2022-02-23 Sold (Public Records) Public Records
  • 2022-02-22 Sold (MLS) NTREIS
  • 2022-02-07 Pending NTREIS
  • 2022-01-28 Contingent NTREIS
  • 2021-12-19 Listed $282,000 NTREIS
  • 2018-09-28 Sold (Public Records) Public Records

Property tax history

+4.7%/yr

Latest (2025): $5,377 · -5.4% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…