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185 County Road 422
B+ Composite 75.59
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 +26.7/30.0
  • ARV discount +15.0/15.0
  • DSCR +9.2/10.0
  • 1% rule +7.3/10.0
  • Appreciation +5.6/10.0
  • Schools +3.8/10.0
  • Livability +3.0/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0

$65,000

185 County Road 422 · Kirbyville, TX 75956
2 bd · 1.0 ba · 600 sqft · Other public records · 254 Days on market
1.00 ac lot $108/sqft · 8% below area Est $98k · 34% under ↓ 7% since listing

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Country living in the city of Kirbyville, on a dead end road. This 2 bedroom 1 bath home sits on 1 acre, with beautiful trees.

Key facts

  • Dead end road
  • Beautiful trees
  • 1 acre lot

Tags

DEAD END ROADBEAUTIFUL TREES

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/1.0-bath other listed at $65k.

Deal economics

  • At list price, monthly cash flow is $176 ($2k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($800 rent vs $65k).
  • Recommended offer: $57k (12.0% below list) — sets the bar for market timing.

Location & tenants

  • Location reads 59/100 on livability (#1,133 in TX) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A, health & safety A; Watch: schools D+, amenities F, commute F.
  • Kirbyville CISD (rural): math 48% / reading 43% proficiency, ranked #274 of 826 in TX (top 33%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: 98 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 45 units permitted in Jasper County in 2024 (0 in 5+ unit buildings).

Forward outlook

  • In year one you build about $1k of equity ($449 loan paydown + $804 appreciation (1.2% local appreciation)).
  • Jasper County population projected at -15% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
  • At projected returns (1.2% appreciation + 3.0% rent growth), your $18k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 254 days — a 12% lower offer ($57k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts; this cycle's ask has dropped $45k (41%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Recommended offer $57,200 (12.0% below list)

Questions for the listing agent

  1. It's been on market 254 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 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?
  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
1.23%
Cap rate
9.55%
Cash-on-cash
11.63%
DSCR
1.52
GRM
6.8

CMA / ARV

ARV (median comp)
$98,077
List price
$65,000
Delta
-33.73%
Verdict
UNDERPRICED
Comps
3 within 2.0 mi

Projected returns pro-forma

1.24% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
14.1%
Equity multiple
1.73×
Total profit
$13,222
Equity at exit
$22,993
10-year hold
IRR
17.4%
Equity multiple
3.15×
Total profit
$39,190
Equity at exit
$31,187

Cash invested: $18,200 (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.

ZIP-level market 75956

Home prices YoY
0.8%
Active inventory
98
Price-to-rent
6.8×

Monthly cashflow live

Estimated rent
$800 medium interval (Pro) →
Mortgage (P&I)
$341
Tax from tax record
$88 /mo · $1,052/yr
Insurance
$27
HOA
$0
Vacancy / Maint / Mgmt
$168
Net cashflow
$176

Break-even live

Break-even rent $577
Max offer price $65,000
Occupancy floor 73%

Sensitivity live

Price -10% $213 -5% $195 +0% $176 +5% $158 +10% $140
Rent -10% $113 -5% $145 +0% $176 +5% $208 +10% $240
Rate -1.0pp $209 -0.5pp $193 base $176 +0.5pp $160 +1.0pp $142

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
$16,250
Closing costs
$1,950
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 1 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1410 S Elizabeth Ave Apt 103 Kirbyville, TX 1.0 1.0 568 $800 $1.41 44d 1 1.10mi

Listing history 21 events

  1. 2026-06-21
    days on market $65,000 Active 254 DOM
  2. 2026-06-18
    days on market $65,000 Active 251 DOM
  3. 2026-06-17
    days on market $65,000 Active 250 DOM
  4. 2026-06-16
    days on market $65,000 Active 249 DOM
  5. 2026-06-15
    days on market $65,000 Active 248 DOM
  6. 2026-06-14
    days on market $65,000 Active 246 DOM
  7. 2026-06-10
    days on market $65,000 Active 243 DOM
  8. 2026-06-09
    days on market $65,000 Active 242 DOM
  9. 2026-06-08
    days on market $65,000 Active 241 DOM
  10. 2026-06-07
    days on market $65,000 Active 240 DOM
  11. 2026-06-03
    days on market $65,000 Active 236 DOM
  12. 2026-06-02
    days on market $65,000 Active 235 DOM
  13. 2026-06-01
    days on market $65,000 Active 234 DOM
  14. 2026-05-31
    days on market $65,000 Active 233 DOM
  15. 2026-05-30
    days on market $65,000 Active 232 DOM
  16. 2026-04-19
    price $65,000 126-char remark
    Show marketing remark (126 chars)

    Country living in the city of Kirbyville, on a dead end road. This 2 bedroom 1 bath home sits on 1 acre, with beautiful trees.

  17. 2026-04-13
    price $65,000 199-char remark
    Show marketing remark (199 chars)

    Charming 2 bedroom/1 bathroom home nestled on a one acre tract with a private drive. Surrounded by mature trees and fenced. This property offers peace, privacy, plenty of space to enjoy the outdoors.

  18. 2026-02-06
    soldstatus
  19. 2025-12-16
    price $70,000 199-char remark
    Show marketing remark (199 chars)

    Charming 2 bedroom/1 bathroom home nestled on a one acre tract with a private drive. Surrounded by mature trees and fenced. This property offers peace, privacy, plenty of space to enjoy the outdoors.

  20. 2025-10-10
    listed $110,000 Active 199-char remark
    Show marketing remark (199 chars)

    Charming 2 bedroom/1 bathroom home nestled on a one acre tract with a private drive. Surrounded by mature trees and fenced. This property offers peace, privacy, plenty of space to enjoy the outdoors.

  21. 2025-10-09
    listed $70,000 Active 126-char remark
    Show marketing remark (126 chars)

    Country living in the city of Kirbyville, on a dead end road. This 2 bedroom 1 bath home sits on 1 acre, with beautiful trees.

ⓘ 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
$1,052 · $88/mo
Projected year-2 tax
$1,190 · $99/mo
Expected delta
+$138/yr (+$11/mo · 13.1%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$9,600
− Mortgage interest
−$3,641
− Property taxes
−$1,052
− Insurance
−$325
− Repairs & maintenance
−$768
− Management
−$768
− Depreciation
−$1,891
Taxable income
$1,155
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$277
After-tax cash flow
$1,840/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
Kirbyville CISD
NCES district ID
4825710
Math proficiency
48% ▼ -6.00%
Reading proficiency
43% ▼ -1.00%
Median HH income
$40,141
Composite
38.14/100
National rank
#4269
State rank
#274 of 826 in TX

Livability — Kirbyville

Score
59/100
State rank
#1133
US rank
#20020

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Population (ZIP)
7,085

Population outlook (Jasper County) Hauer SSP2

Today (2025)
33,986 people
By 2030
32,965 · -3.0%
By 2040
30,908 · -9.1%
By 2050
28,893 · -15.0%
By 2075
24,828 · -26.9%
By 2100
19,987 · -41.2%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (78%)
Race & ethnicity
White 78% Black 10% Two or more races 7% Hispanic / Latino 7%
Hispanic origin (detail)
Mexican 5%
Common ancestry
Lithuanian 2% Slovak 1% Italian 1%
Foreign-born
2% · Canada
Languages at home
94% English-only · Spanish 6%

Political lean MEDSL · Jasper

2024 margin
Solid R (+66.6) · D 16.5% · R 83.1%
2008→2024 swing
-24.6pp toward R · 2008: -42.0pp · 2024: -66.6pp
All cycles
2024: R+66.6 2020: R+61.4 2016: R+59.9 2012: R+48.4 2008: R+42.0

Not yet ingested

Civics

Market trends

HPI YoY
▲ 1.24%
Current HPI
161.736
Rent YoY
Metro
State GDP YoY
▲ 3.95%
F500 in state
110

Industry mix (Fortune 500 HQ in TX)

Industry F500 HQs Revenue

Price history

-7.1% since first listed
6 events — show timeline
  • 2026-04-19 Price Changed $65,000 Deep East Texas MLS
  • 2026-04-13 Price Changed $65,000 BBOR
  • 2026-02-06 Sold (Public Records) Public Records
  • 2025-12-16 Price Changed $70,000 BBOR
  • 2025-10-10 Listed $110,000 BBOR
  • 2025-10-09 Listed $70,000 Deep East Texas MLS

Property tax history

-0.6%/yr

Latest (2025): $1,052 · -1.8% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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