160 Turnrow Cv · Snook, TX 77878

$275,000

3 bd · 2.0 ba · 1,397 sqft · SingleFamily · 381 Days on market

Built 2025 0.29 ac lot $197/sqft · at area comps Est $283k · at est. $68/mo HOA · 3% of rent ↓ 1% since listing

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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 +8.7/15.0
• Cash flow +7.8/30.0
• Appreciation +5.2/10.0
• Schools +3.6/10.0
• Livability +3.2/5.0
• 1% rule +2.6/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• DSCR +1.9/10.0

Listing remarks MLS

Grand Lake is located in the Heart of Snook, Texas just 10 miles from Kyle Field. Experience custom craftsmanship both inside and out and located on a small cul-de-sac street. This home boasts tall ceilings, and a bright and open floor plan seamlessly connecting the kitchen and dining to the large living room leading to the sunny backyard. This beautiful one-story home features a gorgeous kitchen with plenty of storage and custom cabinetry and vinyl wood flooring. The master bedroom features a spacious ensuite with dual sinks, a shower, a garden tub, and a large walk-in closet that conveniently connects to the utility room. . This home also features: Sprinkler system front and back yard, granite in the kitchen and bathrooms, vinyl wood flooring in the living, kitchen & dining, carpet in bedrooms, tile in baths and utility room, low e windows, recessed lighting throughout, and stainless steel finished appliances. Grand Lake HOA includes high-speed fiber-optic internet.

Key facts

• Vinyl wood flooring
• Plenty of storage
• Cul-de-sac street

Tags

• CUL-DE-SAC STREET
• GORGEOUS KITCHEN
• PLENTY OF STORAGE
• SPRINKLER SYSTEM
• GRANITE IN KITCHEN
• VINYL WOOD FLOORING

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $275k.

Deal economics

• At list price, monthly cash flow is $-309 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $230k (16.3% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $210k (23.6% below list).
• Recommended offer: $210k (23.6% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 65/100 on livability (#700 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, employment B+; Watch: schools C-, amenities F, commute F.
• Snook ISD (rural): math 50% / reading 34% proficiency, ranked #334 of 826 in TX (top 40%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 60% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 75 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 44 units permitted in Burleson County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $3k of equity ($2k loan paydown + $1k appreciation (0.5% local appreciation)).
• By year 9, paydown + projected appreciation supports a ~$32k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 381 days — a 12% lower offer ($242k) is reasonable based on typical stale-listing flexibility.
• 4 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.

Recommended offer $210,000 (23.6% below list)

Questions for the listing agent

1. 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?
2. It's been on market 381 days. Have you received any prior offers? Is the seller open to a 24% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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.
8. 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.
9. 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: 0.76% ✗
• Cap rate: 4.94%
• Cash-on-cash: -4.82%
• DSCR: 0.79
• GRM: 10.9

CMA / ARV

• ARV (median comp): $282,758
• List price: $275,000
• Delta: -2.74%
• 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
306 Harvest Lake Dr	0.19mi	3/2.0	1,447 (+4%)	2mo	$269,900	$187	84
125 Turnrow Cv	0.04mi	3/2.0	1,539 (+10%)	2mo	$289,800	$188	80
533 Harvest Lake Dr	0.40mi	3/2.5	1,415 (+1%)	1mo	$244,045	$172	77
124 Turnrow Cv	0.04mi	3/2.0	1,539 (+10%)	6mo	$289,800	$188	76
172 Pleasant Path	0.20mi	3/2.0	1,520 (+9%)	2mo	$262,000	$172	74
221 Brazos Bnd	0.25mi	3/2.0	1,504 (+8%)	2mo	$272,500	$181	74
148 Rustic Trce	0.27mi	3/2.0	1,330 (-5%)	10mo	$260,000	$195	71
305 Harvest Lake Dr	0.20mi	3/2.0	1,517 (+9%)	12mo	$279,900	$185	66
486 Harvest Lake Dr	0.35mi	3/2.0	1,498 (+7%)	11mo	$279,900	$187	63
510 Harvest Lake Dr	0.37mi	3/2.0	1,498 (+7%)	11mo	$279,900	$187	61
521 Harvest Lake Dr	0.39mi	3/2.0	1,575 (+13%)	1mo	$255,045	$162	60
101 Windmill Rd	0.33mi	3/2.0	1,530 (+10%)	13mo	$279,900	$183	58

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

Projected returns pro-forma

0.46% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -5.8%
• Equity multiple: 0.72×
• Total profit: $-21,653
• Equity at exit: $86,264

10-year hold

• IRR: -0.1%
• Equity multiple: 0.99×
• Total profit: $-911
• Equity at exit: $108,961

Cash invested: $77,000 (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.

Methodology + full state rankings →

ZIP-level market 77878

• Home prices YoY: 0.5%
• Active inventory: 75
• Price-to-rent: 10.9×

Monthly cashflow live

• Estimated rent: $2,100 medium
• Mortgage (P&I): −$1,442
• Tax est. 1.5%: −$344 /mo · $4,125/yr
• Insurance: −$115
• HOA: −$68
• Vacancy / Maint / Mgmt: −$441
• Net cashflow: $-309

Break-even live

Break-even rent $2,492

Max offer price $230,220

Occupancy floor —

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: $68,750
• Closing costs: $8,250
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
148 Turnrow Cv Snook, TX	3.0	2.0	1790	$2,100	$1.17	21d	1	0.02mi

HOA detail

• Monthly dues: $68 · $816/yr
• Likely covers: internet

Listing history 14 events

1. 2026-06-07
   days on market $275,000 Active 381 DOM
2. 2026-06-02
   days on market $275,000 Active 376 DOM
3. 2026-06-01
   listing id $275,000 Active 375 DOM
4. 2026-05-31
   days on market $275,000 Active 375 DOM
5. 2026-05-30
   days on market $275,000 Active 374 DOM
6. 2026-04-24
   price $275,000 986-char remark

   Show marketing remark (1167 chars)

   Grand Lake is located in the Heart of Snook, Texas just 10 miles from Kyle Field. Surrounded by natural beauty yet close to city life, this New Simple Living Custom Home keeps you connected while getting away from it all. Experience custom craftsmanship both inside and out and located on a small cul-de-sac street. This home boasts tall ceilings, and a bright and open floor plan seamlessly connecting the kitchen and dining to the large living room leading to the sunny backyard. This beautiful one-story home features a gorgeous kitchen with plenty of storage and custom cabinetry and vinyl wood flooring. The master bedroom features a spacious ensuite with dual sinks, a shower, a garden tub, and a large walk-in closet that conveniently connects to the utility room. . This home also features: Sprinkler system front and back yard, granite in the kitchen and bathrooms, vinyl wood flooring in the living, kitchen & dining, carpet in bedrooms, tile in baths and utility room, low e windows, recessed lighting throughout, and stainless steel finished appliances. Grand Lake HOA includes high-speed fiber-optic internet. This will not stay on the market long!

7. 2026-04-24
   price $275,000 1167-char remark

   Show marketing remark (1167 chars)

   Grand Lake is located in the Heart of Snook, Texas just 10 miles from Kyle Field. Surrounded by natural beauty yet close to city life, this New Simple Living Custom Home keeps you connected while getting away from it all. Experience custom craftsmanship both inside and out and located on a small cul-de-sac street. This home boasts tall ceilings, and a bright and open floor plan seamlessly connecting the kitchen and dining to the large living room leading to the sunny backyard. This beautiful one-story home features a gorgeous kitchen with plenty of storage and custom cabinetry and vinyl wood flooring. The master bedroom features a spacious ensuite with dual sinks, a shower, a garden tub, and a large walk-in closet that conveniently connects to the utility room. . This home also features: Sprinkler system front and back yard, granite in the kitchen and bathrooms, vinyl wood flooring in the living, kitchen & dining, carpet in bedrooms, tile in baths and utility room, low e windows, recessed lighting throughout, and stainless steel finished appliances. Grand Lake HOA includes high-speed fiber-optic internet. This will not stay on the market long!

8. 2026-02-15
   status Active 1167-char remark

   Show marketing remark (1167 chars)

   Grand Lake is located in the Heart of Snook, Texas just 10 miles from Kyle Field. Surrounded by natural beauty yet close to city life, this New Simple Living Custom Home keeps you connected while getting away from it all. Experience custom craftsmanship both inside and out and located on a small cul-de-sac street. This home boasts tall ceilings, and a bright and open floor plan seamlessly connecting the kitchen and dining to the large living room leading to the sunny backyard. This beautiful one-story home features a gorgeous kitchen with plenty of storage and custom cabinetry and vinyl wood flooring. The master bedroom features a spacious ensuite with dual sinks, a shower, a garden tub, and a large walk-in closet that conveniently connects to the utility room. . This home also features: Sprinkler system front and back yard, granite in the kitchen and bathrooms, vinyl wood flooring in the living, kitchen & dining, carpet in bedrooms, tile in baths and utility room, low e windows, recessed lighting throughout, and stainless steel finished appliances. Grand Lake HOA includes high-speed fiber-optic internet. This will not stay on the market long!

9. 2026-02-06
   status Active 1167-char remark

   Show marketing remark (1167 chars)

   Grand Lake is located in the Heart of Snook, Texas just 10 miles from Kyle Field. Surrounded by natural beauty yet close to city life, this New Simple Living Custom Home keeps you connected while getting away from it all. Experience custom craftsmanship both inside and out and located on a small cul-de-sac street. This home boasts tall ceilings, and a bright and open floor plan seamlessly connecting the kitchen and dining to the large living room leading to the sunny backyard. This beautiful one-story home features a gorgeous kitchen with plenty of storage and custom cabinetry and vinyl wood flooring. The master bedroom features a spacious ensuite with dual sinks, a shower, a garden tub, and a large walk-in closet that conveniently connects to the utility room. . This home also features: Sprinkler system front and back yard, granite in the kitchen and bathrooms, vinyl wood flooring in the living, kitchen & dining, carpet in bedrooms, tile in baths and utility room, low e windows, recessed lighting throughout, and stainless steel finished appliances. Grand Lake HOA includes high-speed fiber-optic internet. This will not stay on the market long!

10. 2025-07-14
    price $278,800 1167-char remark

    Show marketing remark (1167 chars)

    Grand Lake is located in the Heart of Snook, Texas just 10 miles from Kyle Field. Surrounded by natural beauty yet close to city life, this New Simple Living Custom Home keeps you connected while getting away from it all. Experience custom craftsmanship both inside and out and located on a small cul-de-sac street. This home boasts tall ceilings, and a bright and open floor plan seamlessly connecting the kitchen and dining to the large living room leading to the sunny backyard. This beautiful one-story home features a gorgeous kitchen with plenty of storage and custom cabinetry and vinyl wood flooring. The master bedroom features a spacious ensuite with dual sinks, a shower, a garden tub, and a large walk-in closet that conveniently connects to the utility room. . This home also features: Sprinkler system front and back yard, granite in the kitchen and bathrooms, vinyl wood flooring in the living, kitchen & dining, carpet in bedrooms, tile in baths and utility room, low e windows, recessed lighting throughout, and stainless steel finished appliances. Grand Lake HOA includes high-speed fiber-optic internet. This will not stay on the market long!

11. 2025-06-03
    price $278,900 986-char remark

    Show marketing remark (1167 chars)

    Grand Lake is located in the Heart of Snook, Texas just 10 miles from Kyle Field. Surrounded by natural beauty yet close to city life, this New Simple Living Custom Home keeps you connected while getting away from it all. Experience custom craftsmanship both inside and out and located on a small cul-de-sac street. This home boasts tall ceilings, and a bright and open floor plan seamlessly connecting the kitchen and dining to the large living room leading to the sunny backyard. This beautiful one-story home features a gorgeous kitchen with plenty of storage and custom cabinetry and vinyl wood flooring. The master bedroom features a spacious ensuite with dual sinks, a shower, a garden tub, and a large walk-in closet that conveniently connects to the utility room. . This home also features: Sprinkler system front and back yard, granite in the kitchen and bathrooms, vinyl wood flooring in the living, kitchen & dining, carpet in bedrooms, tile in baths and utility room, low e windows, recessed lighting throughout, and stainless steel finished appliances. Grand Lake HOA includes high-speed fiber-optic internet. This will not stay on the market long!

12. 2025-06-03
    price $278,900 1167-char remark

    Show marketing remark (1167 chars)

    Grand Lake is located in the Heart of Snook, Texas just 10 miles from Kyle Field. Surrounded by natural beauty yet close to city life, this New Simple Living Custom Home keeps you connected while getting away from it all. Experience custom craftsmanship both inside and out and located on a small cul-de-sac street. This home boasts tall ceilings, and a bright and open floor plan seamlessly connecting the kitchen and dining to the large living room leading to the sunny backyard. This beautiful one-story home features a gorgeous kitchen with plenty of storage and custom cabinetry and vinyl wood flooring. The master bedroom features a spacious ensuite with dual sinks, a shower, a garden tub, and a large walk-in closet that conveniently connects to the utility room. . This home also features: Sprinkler system front and back yard, granite in the kitchen and bathrooms, vinyl wood flooring in the living, kitchen & dining, carpet in bedrooms, tile in baths and utility room, low e windows, recessed lighting throughout, and stainless steel finished appliances. Grand Lake HOA includes high-speed fiber-optic internet. This will not stay on the market long!

13. 2025-05-21
    listed $279,000 Active 986-char remark

    Show marketing remark (986 chars)

    Grand Lake is located in the Heart of Snook, Texas just 10 miles from Kyle Field. Experience custom craftsmanship both inside and out and located on a small cul-de-sac street. This home boasts tall ceilings, and a bright and open floor plan seamlessly connecting the kitchen and dining to the large living room leading to the sunny backyard. This beautiful one-story home features a gorgeous kitchen with plenty of storage and custom cabinetry and vinyl wood flooring. The master bedroom features a spacious ensuite with dual sinks, a shower, a garden tub, and a large walk-in closet that conveniently connects to the utility room. . This home also features: Sprinkler system front and back yard, granite in the kitchen and bathrooms, vinyl wood flooring in the living, kitchen & dining, carpet in bedrooms, tile in baths and utility room, low e windows, recessed lighting throughout, and stainless steel finished appliances. Grand Lake HOA includes high-speed fiber-optic internet.

14. 2025-05-15
    listed $279,000 Active 1167-char remark

    Show marketing remark (1167 chars)

    Grand Lake is located in the Heart of Snook, Texas just 10 miles from Kyle Field. Surrounded by natural beauty yet close to city life, this New Simple Living Custom Home keeps you connected while getting away from it all. Experience custom craftsmanship both inside and out and located on a small cul-de-sac street. This home boasts tall ceilings, and a bright and open floor plan seamlessly connecting the kitchen and dining to the large living room leading to the sunny backyard. This beautiful one-story home features a gorgeous kitchen with plenty of storage and custom cabinetry and vinyl wood flooring. The master bedroom features a spacious ensuite with dual sinks, a shower, a garden tub, and a large walk-in closet that conveniently connects to the utility room. . This home also features: Sprinkler system front and back yard, granite in the kitchen and bathrooms, vinyl wood flooring in the living, kitchen & dining, carpet in bedrooms, tile in baths and utility room, low e windows, recessed lighting throughout, and stainless steel finished appliances. Grand Lake HOA includes high-speed fiber-optic internet. This will not stay on the market long!

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

Taxation est. · year 1

• Rental income: $25,200
• − Mortgage interest: −$15,404
• − Property taxes: −$4,125
• − Insurance: −$1,375
• − Repairs & maintenance: −$2,016
• − Management: −$2,016
• − HOA: −$816
• − Depreciation: −$8,000
• Taxable loss: −$8,552
• Est. tax savings @ 24.0%: +$2,053
• After-tax cash flow: $-1,661/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: Snook ISD
• NCES district ID: 4840620
• Math proficiency: 50% ▲ 8.00%
• Reading proficiency: 34% ▼ -1.00%
• Median HH income: $47,667
• Composite: 36.0/100
• National rank: #4788
• State rank: #334 of 826 in TX

Livability — Snook

• Score: 65/100
• State rank: #700
• US rank: #13044

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Snook, TX
• Population (ZIP): 706

Population outlook (Burleson County) Hauer SSP2

• Today (2025): 18,066 people
• By 2030: 18,174 · +0.6%
• By 2040: 18,198 · +0.7%
• By 2050: 18,110 · +0.2%
• By 2075: 18,166 · +0.6%
• By 2100: 16,949 · -6.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority White (50%)
• Race & ethnicity: White 50% Hispanic / Latino 46% Two or more races 24% Native American 4% Black 3%
• Hispanic origin (detail): Mexican 46%
• Common ancestry: Lithuanian 3%
• Foreign-born: 14% · Canada
• Languages at home: 68% English-only · Spanish 32%

Political lean MEDSL · Burleson

• 2024 margin: Solid R (+62.8) · D 18.2% · R 81.0%
• 2008→2024 swing: -25.4pp toward R · 2008: -37.4pp · 2024: -62.8pp
• All cycles: 2024: R+62.8 2020: R+57.6 2016: R+55.1 2012: R+46.0 2008: R+37.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 0.46%
• Current HPI: 89.5004
• 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

-1.4% since first listed

9 events — show timeline

• 2026-04-24 Price Changed $275,000 HARMLS
• 2026-04-24 Price Changed $275,000 BCSRMLS
• 2026-02-15 Relisted — BCSRMLS
• 2026-02-06 Relisted — BCSRMLS
• 2025-07-14 Price Changed $278,800 BCSRMLS
• 2025-06-03 Price Changed $278,900 HARMLS
• 2025-06-03 Price Changed $278,900 BCSRMLS
• 2025-05-21 Listed $279,000 HARMLS
• 2025-05-15 Listed $279,000 BCSRMLS