2339 Buffalo Bayou Way · Crandall, TX
Flood risk No data
- FEMA flood zone
- —
- Chance of flooding over 30 yrs
- —
- Est. flood insurance / yr
- —
Fire risk No data
- Est. fire insurance / yr
- —
Heat risk No data
- Hot days now (above threshold)
- —
- Hot days in 30 yrs
- —
Wind risk No data
- Chance of severe wind over 30 yrs
- —
Air-quality risk No data
- Unhealthy air days now
- —
- Unhealthy air days in 30 yrs
- —
Risk factors via First Street. Map © Google.
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 +9.7/15.0
- Cash flow +8.8/30.0
- Condition / age +5.0/5.0
- Schools +4.0/10.0
- Livability +3.4/5.0
- 1% rule +2.9/10.0
- Rent growth +2.5/5.0
- DSCR +2.4/10.0
- Appreciation +0.0/10.0
$275,880
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Welcome to the Hutto at 2339 Buffalo Bayou Way in River Ridge! This new home welcomes you with a foyer that opens to three secondary bedrooms, a full bathroom, a laundry room, and convenient garage entry. The kitchen features a center island and a walk-in pantry and flows easily into the dining area and great room, creating a comfortable space for everyday living. From here, you can step outside and enjoy the covered patio. The primary suite is tucked toward the back of the home and offers a private retreat with an en-suite bath and a large walk-in closet. Crandall, TX offers wide open spaces and a friendly, close-knit feel. At River Ridge, enjoy distinctive homes, beautiful streetscapes, and great amenities. Spend time at the amenity center, relax by the resort-style pool, let kids play at the playground, or fish at the stocked pond. With easy access to 175, Dallas and Kaufman are just minutes away. Additional Highlights Include: GE energy star refrigerator, GE top load washer and dryer, gas drop at patio, and whole house blinds. Photos are for representative purposes only.
Key facts
- 6,250 sq ft lot
- 2 garage spots
- Community pool
Neighborhood map
What this means for you Summary
Snapshot
- This is a 4-bed/2.0-bath single-family listed at $276k. Condition is rated excellent.
Deal economics
- At list price, monthly cash flow is $-225 ($-3k/yr) — negative.
- To cash-flow at today's rent, offer at most $243k (11.8% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $218k (20.9% below list).
- Recommended offer: $218k (20.9% below list) — sets the bar for 1% rule.
Location & tenants
- Location reads 68/100 on livability (#507 in TX) — a middle-class / working-renter tenant base. Strengths: employment A+, cost of living A+, housing A+; Watch: crime F, amenities F, commute F.
- 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: W A Martin El (math 41% / reading 32%, grade F, #1,883 of 4,322 statewide, top 44%, 644 students, 71% 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 62% FRL vs 41% district-wide (21 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Market conditions: 956 active listings in the ZIP; 24 comparable units currently listed for rent nearby; rentals lingering (median 40d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 62% 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).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k 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 113 days — a 9% lower offer ($251k) 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.
Questions for the listing agent
- 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?
- It's been on market 113 days. Have you received any prior offers? Is the seller open to a 21% concession, seller financing, or rate buy-down credit?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
- Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- 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?
- 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.
- 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.
- 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
- 0.79% ✗
- Cap rate
- 5.31%
- Cash-on-cash
- -3.50%
- DSCR
- 0.84
- GRM
- 10.5
CMA / ARV
- ARV (median comp)
- $289,932
- List price
- $275,880
- Delta
- -4.85%
- 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 |
|---|---|---|---|---|---|---|---|
| 1553 Coldwater Way | 0.22mi | 3/2.0 (-1) | 1,659 (-2%) | 1mo | $270,156 | $163 | 81 |
| 2521 Canadian Way | 0.16mi | 3/2.0 (-1) | 1,621 (-4%) | 0mo | $264,990 | $163 | 80 |
| 2526 Canadian Way | 0.19mi | 3/2.0 (-1) | 1,621 (-4%) | 0mo | $269,990 | $167 | 79 |
| 2529 Canadian Way | 0.20mi | 4/2.0 | 1,805 (+7%) | 0mo | $269,990 | $150 | 79 |
| 2530 Canadian Way | 0.21mi | 3/2.0 (-1) | 1,621 (-4%) | 0mo | $254,990 | $157 | 78 |
| 2533 Canadian Way | 0.22mi | 3/2.0 (-1) | 1,621 (-4%) | 1mo | $269,990 | $167 | 77 |
| 2317 Buffalo Bayou Way | 0.10mi | 3/2.0 (-1) | 1,507 (-11%) | 2mo | $256,880 | $170 | 71 |
| 1556 Coldwater Way | 0.19mi | 3/2.0 (-1) | 1,833 (+8%) | 1mo | $287,041 | $157 | 71 |
| 1564 Coldwater Way | 0.20mi | 3/2.0 (-1) | 1,833 (+8%) | 2mo | $290,841 | $159 | 70 |
| 2536 Canadian Way | 0.24mi | 4/2.0 | 1,893 (+12%) | 1mo | $264,990 | $140 | 68 |
| 3520 Fox Valley Ln | 0.50mi | 4/2.0 | 1,902 (+13%) | 1mo | $266,349 | $140 | 55 |
| 1305 Thicket Ave | 0.67mi | 3/2.0 (-1) | 1,801 (+7%) | 2mo | $259,999 | $144 | 51 |
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
- IRR
- -22.1%
- Equity multiple
- 0.24×
- Total profit
- $-58,991
- Equity at exit
- $41,135
- IRR
- -16.1%
- Equity multiple
- 0.10×
- Total profit
- $-69,602
- Equity at exit
- $23,853
Cash invested: $77,246 (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
Active competition Active MLS
- For sale now
- 39 active · 60 under contract
- Months of supply
- 3.1 mo (32%/mo absorbed)
- Median asking
- $290,841 ($154/sqft)
- Median days on market
- 23 d
- This list price
- 28% of active listings are priced below it
- ARV vs active asking
- +11.5% above 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
- 956
- Price-to-rent
- 10.5×
Monthly cashflow live
- Estimated rent
- $2,181 high interval (Pro) →
- Mortgage (P&I)
- −$1,447
- Tax est. 1.5%
- −$345 /mo · $4,138/yr
- Insurance
- −$115
- HOA
- −$42
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$458
- Net cashflow
- $-225
Break-even live
Sensitivity live
| Price | -10% $-35 | -5% $-130 | +0% $-225 | +5% $-321 | +10% $-416 |
|---|---|---|---|---|---|
| Rent | -10% $-398 | -5% $-311 | +0% $-225 | +5% $-139 | +10% $-53 |
| Rate | -1.0pp $-86 | -0.5pp $-155 | base $-225 | +0.5pp $-297 | +1.0pp $-369 |
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
- $68,970
- Closing costs
- $8,276
- Club membership (one-time)
- —
- 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 24 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 108 N 4th St Crandall, TX | 3.0 | 1.0 | 1222 | $1,800 | $1.47 | 7d | 1 | 0.93mi |
| 106 N 4th St Crandall, TX | 3.0 | 2.0 | 1200 | $2,000 | $1.67 | 93d | 1 | 0.94mi |
| 307 E Trunk St Crandall, TX | 3.0 | 2.0 | 1568 | $2,200 | $1.40 | 21d | 1 | 0.95mi |
| 2204 Boiling Springs Rd Crandall, TX | 3.0–4.0 | 2.0–2.5 | 1533 | $2,606 | $1.70 | 0d | 6 | 1.07mi |
| 639 Comal Dr Crandall, TX | 3.0 | 2.0 | 1812 | $2,295 | $1.27 | 14d | 1 | 1.11mi |
| 686 Navasota Dr Crandall, TX | 3.0 | 2.0 | 1869 | $2,150 | $1.15 | 9d | 1 | 1.16mi |
| 319 Pecos Dr Crandall, TX | 3.0 | 2.0 | 1560 | $1,965 | $1.26 | 2d | 1 | 1.22mi |
| 2505 Milne Ct Crandall, TX | 3.0 | 2.0 | 1450 | $2,500 | $1.72 | 43d | 1 | 1.26mi |
| 505 S 5th St Crandall, TX | 3.0 | 2.0 | 1360 | $1,750 | $1.29 | 41d | 1 | 1.29mi |
| 3104 Helix Bay Dr Crandall, TX | 3.0 | 2.0 | 1266 | $1,675 | $1.32 | 74d | 1 | 1.35mi |
| 3101 Helix Bay Dr Crandall, TX | 3.0 | 2.0 | 1266 | $1,645 | $1.30 | 38d | 1 | 1.35mi |
| 3103 Helix Bay Dr Crandall, TX | 3.0 | 2.0 | 1440 | $1,579 | $1.10 | 32d | 1 | 1.35mi |
| 3352 Beckwith Way Crandall, TX | 3.0 | 2.0 | 1266 | $1,750 | $1.38 | 48d | 1 | 1.37mi |
| 2014 Serval Ln Crandall, TX | 3.0 | 2.0 | 1613 | $2,545 | $1.58 | 2d | 1 | 1.38mi |
| 2961 Wallace Wells Ct Crandall, TX | 3.0 | 2.0 | 1266 | $1,855 | $1.47 | 43d | 1 | 1.40mi |
| 2960 Wallace Wells Ct Crandall, TX | 3.0 | 2.0 | 1440 | $2,000 | $1.39 | 93d | 1 | 1.40mi |
| 3121 Helix Bay Dr Crandall, TX | 3.0 | 2.0 | 1440 | $1,675 | $1.16 | 93d | 1 | 1.41mi |
| 2043 Serval Ln Crandall, TX | 3.0 | 2.0 | 1544 | $2,100 | $1.36 | 93d | 1 | 1.41mi |
| 2973 Wallace Wells Ct Crandall, TX | 3.0 | 2.0 | 1440 | $1,665 | $1.16 | 93d | 1 | 1.44mi |
| 2983 Wallace Wells Ct Crandall, TX | 3.0 | 2.0 | 1440 | $1,649 | $1.15 | 23d | 1 | 1.46mi |
| 3702 Haydon Hill Rd Crandall, TX | 3.0 | 2.0 | 1266 | $1,650 | $1.30 | 4d | 1 | 1.47mi |
| 2980 Wallace Wells Ct Crandall, TX | 3.0 | 2.0 | 1266 | $1,860 | $1.47 | 37d | 1 | 1.48mi |
| 2980 Wallace Wells Ct Crandall, TX | 3.0 | 2.0 | 1266 | $1,860 | $1.47 | 40d | 1 | 1.48mi |
| 2991 Wallace Wells Ct Crandall, TX | 3.0 | 2.0 | 1266 | $1,895 | $1.50 | 43d | 1 | 1.49mi |
Property features AI
Finance
- Other
- Community features include community pool, sidewalks, curbs, fishing, greenbelt, jogging/bike paths, lake, park, and playground
- Financial info
- Listing terms include Cash, Conventional, FHA, and VA financing
- HOA & community
- Mandatory HOAAnnual HOA feeHOA covers full use of facilities, grounds maintenance, structure maintenance, and management feesHOA managed by Neighborhood Mgmt Inc.
Exterior
- Parking
- Attached 2-car garage with garage door opener2 covered parking spacesDrivewayGarage faces front
- Security
- PrewiredSmoke detectorsCarbon monoxide detector(s)Fire alarm
- Utilities
- City waterCity sewerElectricity connectedUnderground utilities
- Home design
- Single family residenceResidential propertyOne storyNew construction (incomplete)Smart home features available
- Construction
- Built in 2026Brick and siding exteriorComposition roofSlab foundation
- Exterior features
- Covered porch(es)Covered patio/porchGuttersWood fencingLandscaped yardSprinkler systemInterior lotSubdivision setting
Interior
- Kitchen
- DishwasherDisposalElectric ovenGas rangePlumbed for gas in kitchenVented exhaust fanKitchen islandPantryEat-in kitchen
- Bedrooms
- 4 bedrooms (all on the main level)Primary bedroom on the main level
- Flooring
- CarpetLuxury vinyl plank
- Bathrooms
- 2 full bathrooms
- Heating & cooling
- Central airNatural gas heating
- Interior features
- Open floorplanDouble vanityEat-in kitchenKitchen islandPantryOne living areaOne dining area10 total roomsLevels: One
- Laundry & utility
- Full size washer/dryer areaWasher hookupElectric dryer hookupUtility roomTankless water heater
HOA detail $42/mo · $504/yr
- Likely covers
- gaspool
Listing history 50 events
-
2026-08-08days on market $275,880 Active 113 DOM
-
2026-08-06days on market $275,880 Active 111 DOM
-
2026-08-05days on market $275,880 Active 110 DOM
-
2026-08-04days on market $275,880 Active 109 DOM
-
2026-08-03days on market $275,880 Active 108 DOM
-
2026-07-31days on market $275,880 Active 105 DOM
-
2026-07-30days on market $275,880 Active 104 DOM
-
2026-07-30days on market $275,880 Active 103 DOM
-
2026-07-28days on market $275,880 Active 102 DOM
-
2026-07-26days on market $275,880 Active 100 DOM
-
2026-07-24days on market $275,880 Active 98 DOM
-
2026-07-23days on market $275,880 Active 97 DOM
-
2026-07-22days on market $275,880 Active 96 DOM
-
2026-07-21days on market $275,880 Active 95 DOM
-
2026-07-20days on market $275,880 Active 94 DOM
-
2026-07-18days on market $275,880 Active 92 DOM
-
2026-07-18days on market $275,880 Active 91 DOM
-
2026-07-16days on market $275,880 Active 90 DOM
-
2026-07-15days on market $275,880 Active 89 DOM
-
2026-07-14days on market $275,880 Active 88 DOM
-
2026-07-13days on market $275,880 Active 87 DOM
-
2026-07-13days on market $275,880 Active 86 DOM
-
2026-07-11days on market $275,880 Active 85 DOM
-
2026-07-10days on market $275,880 Active 84 DOM
-
2026-07-09days on market $275,880 Active 83 DOM
-
2026-07-07days on market $275,880 Active 81 DOM
-
2026-07-06days on market $275,880 Active 80 DOM
-
2026-07-06days on market $275,880 Active 79 DOM
-
2026-07-05days on market $275,880 Active 78 DOM
-
2026-07-03days on market $275,880 Active 77 DOM
-
2026-07-02price $275,880 Active 76 DOM
-
2026-07-02days on market $278,880 Active 76 DOM
-
2026-07-01days on market $278,880 Active 75 DOM
-
2026-06-30days on market $278,880 Active 74 DOM
-
2026-06-29days on market $278,880 Active 73 DOM
-
2026-06-28pricedays on market $278,880 Active 72 DOM
-
2026-06-26days on market $275,880 Active 70 DOM
-
2026-06-24days on market $275,880 Active 68 DOM
-
2026-06-22days on market $275,880 Active 66 DOM
-
2026-06-21days on market $275,880 Active 65 DOM
-
2026-06-18days on market $275,880 Active 62 DOM
-
2026-06-17days on market $275,880 Active 61 DOM
-
2026-06-16days on market $275,880 Active 60 DOM
-
2026-06-15days on market $275,880 Active 59 DOM
-
2026-06-13days on market $275,880 Active 57 DOM
-
2026-06-09days on market $275,880 Active 53 DOM
-
2026-06-08days on market $275,880 Active 52 DOM
-
2026-06-07days on market $275,880 Active 51 DOM
-
2026-06-04days on market $275,880 Active 48 DOM
-
2026-06-03days on market $275,880 Active 47 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
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $26,177
- − Mortgage interest
- −$15,454
- − Property taxes
- −$4,138
- − Insurance
- −$1,379
- − Repairs & maintenance
- −$2,094
- − Management
- −$2,094
- − HOA
- −$504
- − Depreciation
- −$8,026
- Taxable loss
- −$7,512
- Est. tax savings @ 24.0%
- +$1,803
- After-tax cash flow
- $-900/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 · 1 photo
This new construction home is move-in ready with excellent condition and no visible repairs needed. Landscaping and interior paint touch-ups would further enhance its value.
Value-add opportunities
- Both Landscaping improvements — Enhances curb appeal and adds value ↑
- Both Interior paint touch-ups — Maintains a fresh look and adds value ↑
Zoned Schools
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 — Crandall
- Score
- 68/100
- State rank
- #507
- US rank
- #10022
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Crandall, TX
- County
- Kaufman County · 138,716 people
- City population
- 9,333
- Metro
- Dallas-Fort Worth-Arlington, TX
- Population (ZIP)
- 9,333
- Household income
- $88,013
- Rent vs 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
- —
Market trends
- HPI YoY
- ▼ -71.61%
- Current HPI
- 196.4773
- Rent YoY
- —
- 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 |
|---|---|---|
| Energy | 16 | $1,198B |
|
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| Technology | 5 | $198B |
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| Engineering / Construction | 4 | $72B |
|
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| Energy Services | 3 | $60B |
|
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| Utilities | 3 | $41B |
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| Healthcare | 2 | $330B |
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Price history
+1.1% since first listed3 events — show timeline
- 2026-06-26 Price Changed $278,880 NTREIS
- 2026-04-17 Listed $275,880 NTREIS
- 2026-04-08 Listed $275,880 Zillow
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…