707 W Houston St · Clarksville, TX 75426

$69,999

3 bd · 1.0 ba · 1,510 sqft · SingleFamily public records · 210 Days on market

Built 1921 0.32 ac lot $46/sqft · 15% below area Est $83k · 15% under ↓ 26% since listing

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Why this score? — see what drove the A- 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 +30.0/30.0
• ARV discount +14.4/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Appreciation +10.0/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.9/10.0

Listing remarks MLS

JUST LISTED! A cute home in the Clarksville area! This three-bedroom, one bathroom home presents a wonderful investment opportunity for a buyer looking to transform a space with a solid layout. The home is being sold AS IS but has a lot of potential. The property has very unique and timeless characteristics throughout and features a spacious family room, functional kitchen area, a formal dining room, and generously sized bedrooms. Outside, the property boasts an extended covered front porch that overlooks the vast amounts of land the home sits on. Situated in great area, the home at 707 W Houston St is just a few minutes away from the convenience of Highway 82, offering easy access to local amenities and the charming downtown area. WE MAKE IT EASY TO OWN. This is a great opportunity! Don't wait, call us today to get more information on the owner's easy terms and smooth process that may be able to put the deed in your name and make this your dream home.

Key facts

• Formal dining room
• Vast amounts of land
• Spacious family room

Tags

• INVESTMENT OPPORTUNITY
• SPACIOUS FAMILY ROOM
• FUNCTIONAL KITCHEN AREA
• FORMAL DINING ROOM
• EXTENDED COVERED FRONT PORCH
• VAST AMOUNTS OF LAND

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $70k.

Deal economics

• At list price, monthly cash flow is $498 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $70k).
• Recommended offer: $62k (12.0% below list) — sets the bar for market timing.
• Cap rate 14.8% vs local median 6.1% in Clarksville — 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 67/100 on livability (#523 in TX) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+; Watch: schools F, amenities F, commute F.
• Clarksville ISD (town): math 20% / reading 27% proficiency, ranked #752 of 826 in TX (top 91%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 77% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 87 active listings in the ZIP; 14 units permitted in Red River County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $7k of equity ($484 loan paydown + $7k appreciation (10.0% local appreciation)).
• Red River County population projected at -25% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (10.0% appreciation + 3.0% rent growth), your $20k cash investment doubles in ~2 years — after that, you're playing with house money.
• By year 5, paydown + projected appreciation supports a ~$35k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 210 days — a 12% lower offer ($62k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 2y 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: built in 1921 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wildfire risk; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $61,599 (12.0% below list)

Questions for the listing agent

1. It's been on market 210 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1921 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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 F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
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: 1.73% ✓
• Cap rate: 14.82%
• Cash-on-cash: 30.46%
• DSCR: 2.36
• GRM: 4.8

CMA / ARV

• ARV (median comp): $82,638
• List price: $69,999
• Delta: -15.29%
• Verdict: UNDERPRICED
• Comps: 13 within 1.0 mi

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
801 W Pierce St	0.06mi	3/1.5	1,296 (-14%)	2mo	$59,000	$46	70
1206 W Jackson St	0.64mi	3/2.0	1,529 (+1%)	2mo	$135,000	$88	63

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

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 47.4%
• Equity multiple: 4.56×
• Total profit: $69,817
• Equity at exit: $63,061

10-year hold

• IRR: 41.3%
• Equity multiple: 10.22×
• Total profit: $180,690
• Equity at exit: $135,993

Cash invested: $19,600 (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 75426

• Home prices YoY: 11.5%
• Active inventory: 87
• Price-to-rent: 4.8×

Monthly cashflow live

• Estimated rent: $1,214 medium
• Mortgage (P&I): −$367
• Tax from tax record: −$66 /mo · $786/yr
• Insurance: −$29
• HOA: −$0
• Vacancy / Maint / Mgmt: −$255
• Net cashflow: $498

Break-even live

Break-even rent $585

Max offer price $69,999

Occupancy floor 54%

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: $17,500
• Closing costs: $2,100
• Reserves months: —
• Total cash needed: —

Listing history 21 events

1. 2026-06-19
   days on market $69,999 Active 210 DOM
2. 2026-06-18
   days on market $69,999 Active 209 DOM
3. 2026-06-17
   days on market $69,999 Active 208 DOM
4. 2026-06-16
   days on market $69,999 Active 207 DOM
5. 2026-06-15
   days on market $69,999 Active 206 DOM
6. 2026-06-14
   days on market $69,999 Active 204 DOM
7. 2026-06-12
   days on market $69,999 Active 203 DOM
8. 2026-06-09
   days on market $69,999 Active 200 DOM
9. 2026-06-08
   days on market $69,999 Active 199 DOM
10. 2026-06-07
    days on market $69,999 Active 198 DOM
11. 2026-06-07
    days on market $69,999 Active 197 DOM
12. 2026-06-03
    days on market $69,999 Active 194 DOM
13. 2026-06-02
    days on market $69,999 Active 193 DOM
14. 2026-06-01
    days on market $69,999 Active 192 DOM
15. 2026-05-31
    days on market $69,999 Active 191 DOM
16. 2026-05-30
    days on market $69,999 Active 190 DOM
17. 2025-11-21
    listed $69,999 Active 966-char remark

    Show marketing remark (966 chars)

    JUST LISTED! A cute home in the Clarksville area! This three-bedroom, one bathroom home presents a wonderful investment opportunity for a buyer looking to transform a space with a solid layout. The home is being sold AS IS but has a lot of potential. The property has very unique and timeless characteristics throughout and features a spacious family room, functional kitchen area, a formal dining room, and generously sized bedrooms. Outside, the property boasts an extended covered front porch that overlooks the vast amounts of land the home sits on. Situated in great area, the home at 707 W Houston St is just a few minutes away from the convenience of Highway 82, offering easy access to local amenities and the charming downtown area. WE MAKE IT EASY TO OWN. This is a great opportunity! Don't wait, call us today to get more information on the owner's easy terms and smooth process that may be able to put the deed in your name and make this your dream home.

18. 2025-03-26
    historical
19. 2024-10-23
    price $69,999
20. 2024-09-09
    price $92,149
21. 2024-03-26
    listed $94,999 Active

ⓘ 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: $786 · $66/mo
• Projected year-2 tax: $1,281 · $107/mo
• Expected delta: +$495/yr (+$41/mo · 63.0%)

ⓘ 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 · 0% chance over 30 yrs
• 🔥 Wildfire 6/10 Major
• 🌡 Heat 7/10 Severe 7 d/yr ≥110°F today · 22 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 17% 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: $14,572
• − Mortgage interest: −$3,921
• − Property taxes: −$786
• − Insurance: −$350
• − Repairs & maintenance: −$1,166
• − Management: −$1,166
• − Depreciation: −$2,036
• Taxable income: $5,147
• Est. tax owed @ 24.0%: −$1,235
• After-tax cash flow: $4,735/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: Clarksville ISD
• NCES district ID: 4814190
• Math proficiency: 20% ▼ -12.00%
• Reading proficiency: 27% ▼ -2.00%
• Median HH income: $31,795
• Composite: 19.05/100
• National rank: #8842
• State rank: #752 of 826 in TX

Livability — Clarksville

• Score: 67/100
• State rank: #523
• US rank: #10265

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Clarksville, TX
• Population (ZIP): 4,199

Population outlook (Red River County) Hauer SSP2

• Today (2025): 11,454 people
• By 2030: 10,874 · -5.1%
• By 2040: 9,715 · -15.2%
• By 2050: 8,552 · -25.3%
• By 2075: 6,042 · -47.2%
• By 2100: 4,037 · -64.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.56)
• Race & ethnicity: White 52% Black 40% Hispanic / Latino 5% Two or more races 3%
• Hispanic origin (detail): Mexican 3%
• Common ancestry: Slovak 1%
• Foreign-born: 2% · Canada, China
• Languages at home: 96% English-only · Spanish 3% Chinese 1%

Political lean MEDSL · Red River

• 2024 margin: Solid R (+61.8) · D 19.0% · R 80.8%
• 2008→2024 swing: -23.7pp toward R · 2008: -38.0pp · 2024: -61.8pp
• All cycles: 2024: R+61.8 2020: R+56.3 2016: R+53.9 2012: R+40.7 2008: R+38.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 17.13%
• Current HPI: 166.5937
• 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

-26.3% since first listed

5 events — show timeline

• 2025-11-21 Listed $69,999 HARMLS
• 2025-03-26 Listing Removed — HARMLS
• 2024-10-23 Price Changed $69,999 HARMLS
• 2024-09-09 Price Changed $92,149 HARMLS
• 2024-03-26 Listed $94,999 HARMLS

Property tax history

-1.3%/yr

Latest (2025): $786 · -61.1% YoY. Source: county tax records.