303 Ave F · Levelland, TX 79336

$74,500

2 bd · 1.0 ba · 992 sqft · SingleFamily public records · 257 Days on market

Built 1980 7,100 sqft lot ↓ 19% since listing

---

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 +20.3/30.0
• ARV discount +7.5/15.0
• DSCR +6.5/10.0
• 1% rule +5.6/10.0
• Livability +3.6/5.0
• Schools +2.8/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

If you are looking for a cozy place to call home or an investment property, this two-bedroom, one bath is what you've been waiting for. The kitchen includes an island and bar that is perfect for hosting or just spreading out while you cook. There is also a laundry area tucked right off the bathroom with a door to keep it separate and private. This property is a must see. Give your favorite local agent a call and schedule your showing today!

Key facts

• Laundry area
• Kitchen island
• 7,100 sq ft lot

Tags

• KITCHEN ISLAND
• LAUNDRY AREA

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $74k.

Deal economics

• At list price, monthly cash flow is $96 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($791 rent vs $74k).
• Recommended offer: $66k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 72/100 on livability (#274 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: schools F, commute F, employment F.
• Levelland ISD (town): math 33% / reading 32% proficiency, ranked #566 of 826 in TX (top 68%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 64% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 120 active listings in the ZIP; 8 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); 7 units permitted in Hockley County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $515 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Hockley County population projected at +21% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 257 days — a 12% lower offer ($66k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $18k (19%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $65,560 (12.0% below list)

Questions for the listing agent

1. It's been on market 257 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
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: 1.06% ✓
• Cap rate: 7.84%
• Cash-on-cash: 5.52%
• DSCR: 1.25
• GRM: 7.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: -7.7%
• Equity multiple: 0.72×
• Total profit: $-5,945
• Equity at exit: $11,108

10-year hold

• IRR: 1.9%
• Equity multiple: 1.13×
• Total profit: $2,770
• Equity at exit: $6,441

Cash invested: $20,860 (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 79336

• Active inventory: 120
• Price-to-rent: 7.9×

Monthly cashflow live

• Estimated rent: $791 high
• Mortgage (P&I): −$391
• Tax from tax record: −$107 /mo · $1,284/yr
• Insurance: −$31
• HOA: −$0
• Vacancy / Maint / Mgmt: −$166
• Net cashflow: $96

Break-even live

Break-even rent $669

Max offer price $74,500

Occupancy floor 83%

Sensitivity live

Price	-10% $138	-5% $117	+0% $96	+5% $75	+10% $54
Rent	-10% $33	-5% $65	+0% $96	+5% $127	+10% $158
Rate	-1.0pp $133	-0.5pp $115	base $96	+0.5pp $77	+1.0pp $57

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: $18,625
• Closing costs: $2,235
• Reserves months: —
• Total cash needed: —

Rent comps 8 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
808 Avenue H Apt 308 Levelland, TX	1.0	1.0	570	$650	$1.14	45d	1	0.42mi
710 9th St Levelland, TX	2.0	1.0	1005	$695	$0.69	22d	1	0.42mi
132 Railroad Ave Levelland, TX	3.0	2.0	1040	$1,150	$1.11	45d	1	0.61mi
226 Cherry St Unit 43 Levelland, TX	2.0	1.0	800	$650	$0.81	14d	1	0.69mi
226 Cherry St Levelland, TX	2.0	1.0	575	$650	$1.13	14d	6	0.70mi
226 Hickory St Unit B Levelland, TX	2.0	1.0	1000	$945	$0.94	14d	1	0.83mi
400 N Cedar Ave Levelland, TX	1.0–3.0	1.0–1.5	857	$850	$0.99	14d	4	1.04mi
1819 Avenue I Pl Unit 5 Levelland, TX	2.0	1.0	800	$650	$0.81	22d	1	1.18mi

Listing history 12 events

1. 2026-06-03
   days on market $74,500 Active 257 DOM
2. 2026-06-02
   days on market $74,500 Active 256 DOM
3. 2026-06-01
   days on market $74,500 Active 255 DOM
4. 2026-05-31
   days on market $74,500 Active 254 DOM
5. 2026-05-20
   price $74,500 444-char remark

   Show marketing remark (444 chars)

   If you are looking for a cozy place to call home or an investment property, this two-bedroom, one bath is what you've been waiting for. The kitchen includes an island and bar that is perfect for hosting or just spreading out while you cook. There is also a laundry area tucked right off the bathroom with a door to keep it separate and private. This property is a must see. Give your favorite local agent a call and schedule your showing today!

6. 2026-05-08
   price $79,900 444-char remark

   Show marketing remark (444 chars)

   If you are looking for a cozy place to call home or an investment property, this two-bedroom, one bath is what you've been waiting for. The kitchen includes an island and bar that is perfect for hosting or just spreading out while you cook. There is also a laundry area tucked right off the bathroom with a door to keep it separate and private. This property is a must see. Give your favorite local agent a call and schedule your showing today!

7. 2026-04-03
   price $86,500 444-char remark

   Show marketing remark (444 chars)

   If you are looking for a cozy place to call home or an investment property, this two-bedroom, one bath is what you've been waiting for. The kitchen includes an island and bar that is perfect for hosting or just spreading out while you cook. There is also a laundry area tucked right off the bathroom with a door to keep it separate and private. This property is a must see. Give your favorite local agent a call and schedule your showing today!

8. 2026-03-08
   status Active 444-char remark

   Show marketing remark (444 chars)

   If you are looking for a cozy place to call home or an investment property, this two-bedroom, one bath is what you've been waiting for. The kitchen includes an island and bar that is perfect for hosting or just spreading out while you cook. There is also a laundry area tucked right off the bathroom with a door to keep it separate and private. This property is a must see. Give your favorite local agent a call and schedule your showing today!

9. 2026-02-25
   status Pending 444-char remark

   Show marketing remark (444 chars)

   If you are looking for a cozy place to call home or an investment property, this two-bedroom, one bath is what you've been waiting for. The kitchen includes an island and bar that is perfect for hosting or just spreading out while you cook. There is also a laundry area tucked right off the bathroom with a door to keep it separate and private. This property is a must see. Give your favorite local agent a call and schedule your showing today!

10. 2026-02-13
    price $89,000 444-char remark

    Show marketing remark (444 chars)

    If you are looking for a cozy place to call home or an investment property, this two-bedroom, one bath is what you've been waiting for. The kitchen includes an island and bar that is perfect for hosting or just spreading out while you cook. There is also a laundry area tucked right off the bathroom with a door to keep it separate and private. This property is a must see. Give your favorite local agent a call and schedule your showing today!

11. 2025-09-08
    listed $92,000 Active 444-char remark

    Show marketing remark (444 chars)

    If you are looking for a cozy place to call home or an investment property, this two-bedroom, one bath is what you've been waiting for. The kitchen includes an island and bar that is perfect for hosting or just spreading out while you cook. There is also a laundry area tucked right off the bathroom with a door to keep it separate and private. This property is a must see. Give your favorite local agent a call and schedule your showing today!

12. 2003-09-30
    soldstatus

ⓘ 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: $1,284 · $107/mo
• Projected year-2 tax: $1,363 · $114/mo
• Expected delta: +$80/yr (+$7/mo · 6.2%)

ⓘ 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 2/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥99°F today · 22 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $9,487
• − Mortgage interest: −$4,173
• − Property taxes: −$1,284
• − Insurance: −$372
• − Repairs & maintenance: −$759
• − Management: −$759
• − Depreciation: −$2,167
• Taxable loss: −$27
• Est. tax savings @ 24.0%: +$7
• After-tax cash flow: $1,157/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: Levelland ISD
• NCES district ID: 4827240
• Math proficiency: 33% ▼ -9.00%
• Reading proficiency: 32% ▼ -6.00%
• Median HH income: $47,924
• Composite: 28.09/100
• National rank: #6833
• State rank: #566 of 826 in TX

Livability — Levelland

• Score: 72/100
• State rank: #274
• US rank: #6392

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Levelland, TX
• Population (ZIP): 15,265

Population outlook (Hockley County) Hauer SSP2

• Today (2025): 25,295 people
• By 2030: 26,230 · +3.7%
• By 2040: 28,268 · +11.8%
• By 2050: 30,536 · +20.7%
• By 2075: 36,867 · +45.7%
• By 2100: 40,662 · +60.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority Hispanic (53%)
• Race & ethnicity: Hispanic / Latino 53% White 42% Two or more races 24% Black 3%
• Hispanic origin (detail): Mexican 48%
• Common ancestry: Slovak 1% Lithuanian 1% Italian 1%
• Foreign-born: 9% · Canada
• Languages at home: 72% English-only · Spanish 27%

Political lean MEDSL · Hockley

• 2024 margin: Solid R (+66.3) · D 16.6% · R 82.8%
• 2008→2024 swing: -14.0pp toward R · 2008: -52.3pp · 2024: -66.3pp
• All cycles: 2024: R+66.3 2020: R+62.4 2016: R+62.3 2012: R+57.0 2008: R+52.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -169.34%
• Current HPI: 154.0713
• 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

-19.0% since first listed

8 events — show timeline

• 2026-05-20 Price Changed $74,500 LARMLS
• 2026-05-08 Price Changed $79,900 LARMLS
• 2026-04-03 Price Changed $86,500 LARMLS
• 2026-03-08 Relisted — LARMLS
• 2026-02-25 Pending — LARMLS
• 2026-02-13 Price Changed $89,000 LARMLS
• 2025-09-08 Listed $92,000 LARMLS
• 2003-09-30 Sold (Public Records) — Public Records

Property tax history

+7.9%/yr

Latest (2025): $1,284 · +16.8% YoY. Source: county tax records.