1100 Estelle St · Lake City, AR 72437

$149,900

3 bd · 1.0 ba · 1,325 sqft · SingleFamily public records · 38 Days on market

8,276 sqft lot $113/sqft · at area comps Est $145k · at est.

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Why this score? — see what drove the B- 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 +24.9/30.0
• Appreciation +10.0/10.0
• DSCR +8.1/10.0
• ARV discount +6.0/15.0
• 1% rule +5.5/10.0
• Livability +3.2/5.0
• Schools +3.1/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

This 3 bedroom 1 bathroom home in Lake City is perfect for first time home buyers or investors looking to add to portfolio! There is an additional room that could be used as a playroom, office space, or extra bedroom. There is plenty of closet space throughout the home, carpet in the bedrooms, laminate throughout the kitchen, living area, hallway, and tile in the bathroom! Cute, cozy, and ready for new owners! * * This is an agent owned property * *

Key facts

• Additional room
• Carpet in bedrooms
• Tile in bathroom

Tags

• ADDITIONAL ROOM
• CLOSET SPACE
• CARPET IN BEDROOMS
• LAMINATE THROUGHOUT KITCHEN
• TILE IN BATHROOM
• DETACHED

Property features AI

Finance

• Other: Approximately 0.19 acre lot; Approximately 1,325 total living area (source: courthouse); Located in Craighead County, Lake City — subdivision: Bowman; Annual taxes listed

Exterior

• Utilities: Public sewer; Public water; Municipal electric (Entergy)
• Home design: Brick and metal/vinyl siding exterior
• Construction: Other foundation (see remarks); Other roof (see remarks)
• Exterior features: Chain link fence; Wood fence; Paved road access; Level lot; Inside city limits

Interior

• Kitchen: Electric range; Refrigerator stays
• Flooring: Carpet; Laminate
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating (gas); Central cooling (electric)
• Interior features: Ceiling fan(s); Bonus room; Laundry room
• Laundry & utility: Laundry room

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $150k.

Deal economics

• At list price, monthly cash flow is $324 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $150k).
• Recommended offer: $145k (3.0% below list) — sets the bar for market timing.
• Cap rate 8.9% vs local median 5.1% in Lake City — 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 64/100 on livability (#180 in AR) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A; Watch: amenities F, commute F, employment D-.
• Riverside School District (rural): math 32% / reading 42% proficiency, ranked #103 of 238 in AR (top 43%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Riverside East Elem. School (math 27% / reading 32%, grade F, #305 of 454 statewide, top 71%, 147 students, 75% FRL); Riverside High School (math 27% / reading 40%, grade F, #112 of 292 statewide, top 39%, 331 students, 47% FRL).
• Market conditions: 34 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 926 units permitted in Craighead County in 2024 (69 in 5+ unit buildings).

Forward outlook

• In year one you build about $16k of equity ($1k loan paydown + $15k appreciation (10.0% local appreciation)).
• Craighead County population projected at +38% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (10.0% appreciation + 3.0% rent growth), your $42k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 3, paydown + projected appreciation supports a ~$40k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 38 days — a 3% lower offer ($145k) is reasonable based on typical stale-listing flexibility.
• 2 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.
• Current owner paid $47k; list at $150k implies a 219% gain — meaningful room to come down on a strong offer.

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 $145,403 (3.0% below list)

Questions for the listing agent

1. It's been on market 38 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
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: 1.05% ✓
• Cap rate: 8.89%
• Cash-on-cash: 9.26%
• DSCR: 1.41
• GRM: 7.9

CMA / ARV

• ARV (median comp): $144,980
• List price: $149,900
• Delta: 3.39%
• 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
1003 Sixth	0.30mi	3/2.0	1,300 (-2%)	2mo	$219,000	$168	77
1003 Sixth	0.34mi	3/2.0	1,300 (-2%)	2mo	$219,000	$168	75
204 Catfish Dr	0.15mi	3/2.0	1,161 (-12%)	1mo	$167,500	$144	67
806 Ladd	0.57mi	4/1.0 (+1)	1,325 (0%)	2mo	$130,000	$98	66
202 Marcella Dr	0.27mi	3/2.0	1,420 (+7%)	11mo	$175,000	$123	62
2001 Mallard Dr	0.73mi	3/2.0	1,339 (+1%)	7mo	$212,500	$159	55
1997 Teal Cv	0.73mi	3/2.0	1,263 (-5%)	2mo	$194,000	$154	52
106 Stone	0.60mi	3/1.0	1,160 (-12%)	2mo	$121,400	$105	50
100 Dennis St	0.60mi	3/2.0	1,172 (-12%)	8mo	$150,000	$128	42
506 Maumelle St	0.63mi	3/2.0	1,470 (+11%)	12mo	$214,900	$146	39
106 Waterfowl	0.72mi	4/2.0 (+1)	1,435 (+8%)	8mo	$238,000	$166	36
406 Tupelo St	0.55mi	3/2.0	1,520 (+15%)	14mo	$118,500	$78	34

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

Projected returns pro-forma

9.97% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 31.0%
• Equity multiple: 3.43×
• Total profit: $101,898
• Equity at exit: $134,686

10-year hold

• IRR: 26.8%
• Equity multiple: 7.76×
• Total profit: $283,655
• Equity at exit: $290,079

Cash invested: $41,972 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 92 Strongly Landlord-Friendly
• State Arkansas: 92 Strongly Landlord-Friendly · R+14
• County: — inherits STATE
• City: — inherits STATE

Only US state where non-payment is criminal. Strongly landlord-favorable; very few tenant protections.

Methodology + full state rankings →

ZIP-level market 72437

• Home prices YoY: 3.5%
• Active inventory: 34
• Price-to-rent: 7.9×

Monthly cashflow live

• Estimated rent: $1,575 medium
• Mortgage (P&I): −$786
• Tax from tax record: −$72 /mo · $860/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$331
• Net cashflow: $324

Break-even live

Break-even rent $1,165

Max offer price $149,900

Occupancy floor 74%

Sensitivity live

Price	-10% $409	-5% $366	+0% $324	+5% $282	+10% $239
Rent	-10% $200	-5% $262	+0% $324	+5% $386	+10% $448
Rate	-1.0pp $400	-0.5pp $362	base $324	+0.5pp $285	+1.0pp $246

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: $37,475
• Closing costs: $4,497
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1997 Teal Cv Lake City, AR	3.0	2.0	1263	$1,575	$1.25	45d	1	0.75mi

Listing history 20 events

1. 2026-06-21
   days on market $149,900 Active 38 DOM
2. 2026-06-19
   days on market $149,900 Active 36 DOM
3. 2026-06-18
   days on market $149,900 Active 35 DOM
4. 2026-06-17
   days on market $149,900 Active 34 DOM
5. 2026-06-16
   days on market $149,900 Active 33 DOM
6. 2026-06-15
   days on market $149,900 Active 32 DOM
7. 2026-06-14
   days on market $149,900 Active 30 DOM
8. 2026-06-12
   days on market $149,900 Active 29 DOM
9. 2026-06-09
   days on market $149,900 Active 26 DOM
10. 2026-06-08
    days on market $149,900 Active 25 DOM
11. 2026-06-07
    days on market $149,900 Active 24 DOM
12. 2026-06-05
    days on market $149,900 Active 22 DOM
13. 2026-06-04
    days on market $149,900 Active 20 DOM
14. 2026-06-02
    days on market $149,900 Active 19 DOM
15. 2026-06-01
    days on market $149,900 Active 18 DOM
16. 2026-05-31
    days on market $149,900 Active 17 DOM
17. 2026-05-31
    days on market $149,900 Active 16 DOM
18. 2026-05-12
    listed $149,900 Active 459-char remark

    Show marketing remark (459 chars)

    This 3 bedroom 1 bathroom home in Lake City is perfect for first time home buyers or investors looking to add to portfolio! There is an additional room that could be used as a playroom, office space, or extra bedroom. There is plenty of closet space throughout the home, carpet in the bedrooms, laminate throughout the kitchen, living area, hallway, and tile in the bathroom! Cute, cozy, and ready for new owners! * * This is an agent owned property * *

19. 2026-05-12
    listed $149,900 New Listing 456-char remark

    Show marketing remark (459 chars)

    This 3 bedroom 1 bathroom home in Lake City is perfect for first time home buyers or investors looking to add to portfolio! There is an additional room that could be used as a playroom, office space, or extra bedroom. There is plenty of closet space throughout the home, carpet in the bedrooms, laminate throughout the kitchen, living area, hallway, and tile in the bathroom! Cute, cozy, and ready for new owners! * * This is an agent owned property * *

20. 2000-01-03
    soldstatus $47,000

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

Tax reassessment forecast AR · Resets to sale price

• Current annual tax: $860 · $72/mo
• Projected year-2 tax: $959 · $80/mo
• Expected delta: +$100/yr (+$8/mo · 11.6%)

ⓘ 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 1/10 Low
• 🌡 Heat 6/10 Major 7 d/yr ≥109°F today · 22 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 8% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,900
• − Mortgage interest: −$8,397
• − Property taxes: −$860
• − Insurance: −$750
• − Repairs & maintenance: −$1,512
• − Management: −$1,512
• − Depreciation: −$4,361
• Taxable income: $1,509
• Est. tax owed @ 24.0%: −$362
• After-tax cash flow: $3,526/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: Riverside School District
• NCES district ID: 0500012
• Math proficiency: 32% ▼ -14.00%
• Reading proficiency: 42% ▼ -9.00%
• Median HH income: $37,959
• Composite: 30.82/100
• National rank: #6136
• State rank: #103 of 238 in AR

Livability — Lake City

• Score: 64/100
• State rank: #180
• US rank: #14568

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Lake City, AR
• Population (ZIP): 3,386

Population outlook (Craighead County) Hauer SSP2

• Today (2025): 122,235 people
• By 2030: 131,338 · +7.4%
• By 2040: 149,862 · +22.6%
• By 2050: 168,034 · +37.5%
• By 2075: 208,094 · +70.2%
• By 2100: 233,251 · +90.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (94%)
• Race & ethnicity: White 94% Two or more races 4% Black 1%
• Common ancestry: Italian 2% Slovak 2% Iranian 1%
• Languages at home: 99% English-only · Spanish 1%

Political lean MEDSL · Craighead

• 2024 margin: Solid R (+37.4) · D 30.1% · R 67.5% · Other 2.4%
• 2008→2024 swing: -12.9pp toward R · 2008: -24.5pp · 2024: -37.4pp
• All cycles: 2024: R+37.4 2020: R+35.4 2016: R+35.2 2012: R+31.1 2008: R+24.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 9.97%
• Current HPI: 295.1637
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 3.80%
• F500 in state: 10

Industry mix (Fortune 500 HQ in AR)

Industry	F500 HQs	Revenue
▸Retail	1	$681B
▸Food / Agriculture	1	$53B
▸Retail / Energy	1	$22B
▸Transportation / Logistics	1	$12B
▸Energy	1	$4B

Price history

+218.9% since first listed

3 events — show timeline

• 2026-05-12 Listed $149,900 NEABOR MLS
• 2026-05-12 Listed $149,900 CARMLS
• 2000-01-03 Sold (Public Records) $47,000 Public Records

Property tax history

+8.2%/yr

Latest (2025): $860 · +0.0% YoY. Source: county tax records.