The 1363 Plan · Temple, TX 76502

$248,900

3 bd · 2.0 ba · 1,349 sqft · SingleFamily · 254 Days on market

Good condition

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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).

• Cash flow +8.9/30.0
• ARV discount +7.5/15.0
• Schools +4.0/10.0
• Condition / age +4.0/5.0
• Livability +3.8/5.0
• 1% rule +2.7/10.0
• DSCR +2.5/10.0
• Rent growth +2.3/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Some images shown may be from a previously built Stylecraft home of similar design. Actual options, colors, and selections may vary. Contact us for details! This charming 3 bedroom, 2 bath home is spacious with a versatile design! Featuring a foyer and galley way entrance, this home feels elegant and special immediately upon your entrance. Some of our favorite things about this floor plan are its large primary bedroom, which includes a massive closet, and enough space for a sitting area in front of the window beaming with natural light. This home is great for entertaining, with so much counter space and its separate formal dining room that flows seamlessly into the kitchen.

Key facts

• 2 garage spots
• Listed 253 days

🏗️ New construction. The $248,900 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $274,248.

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $249k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-223 ($-3k/yr) — negative.
• To cash-flow at today's rent, offer at most $242k (2.8% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $212k (14.9% below list).
• Recommended offer: $212k (14.9% below list) — sets the bar for 1% rule.
• Cap rate 5.3% vs local median 3.7% in Temple — 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 75/100 on livability (#122 in TX, #3,814 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: commute C-, crime D+, employment D+.
• Academy ISD (rural): math 40% / reading 43% proficiency, ranked #309 of 826 in TX (top 37%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Academy El (math 42% / reading 37%, grade F, #1,545 of 4,322 statewide, top 38%, 704 students, 44% FRL); Academy J H (math 46% / reading 47%, grade D+, #443 of 1,662 statewide, top 28%, 419 students, 46% FRL); Academy H S (math 17% / reading 52%, grade F, #963 of 1,632 statewide, top 61%, 530 students, 34% FRL).
• Market conditions: Rents soft (-0.8%/yr); 1692 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 3,222 units permitted in Bell County in 2024 (246 in 5+ unit buildings).
• This rent runs 31% of the median local income ($82k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

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.
• Bell 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 254 days — a 12% lower offer ($219k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 80% chance of damaging wind over 30y; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $211,694 (14.9% 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 254 days. Have you received any prior offers? Is the seller open to a 15% concession, seller financing, or rate buy-down credit?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Crime grade is D 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?
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: 0.77% ✗
• Cap rate: 5.32%
• Cash-on-cash: -3.48%
• DSCR: 0.85
• GRM: 10.8

CMA / ARV

• ARV (median comp): $274,248
• List price: $248,900
• Delta: -9.24%
• Verdict: FAIR
• Comps: 19 within 1.0 mi

Show comp detail 8 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
618 Seven Springs Dr	0.02mi	3/2.0	1,320 (-2%)	1mo	$242,000	$183	95
709 Killam Dr	0.05mi	3/2.0	1,320 (-2%)	0mo	$248,000	$188	94
9111 Littlefield Dr	0.05mi	3/2.0	1,320 (-2%)	11mo	$282,000	$214	85
612 La Parra Bnd	0.10mi	3/2.0	1,368 (+1%)	11mo	$240,000	$175	84
816 Killam Dr	0.13mi	3/2.0	1,443 (+7%)	7mo	$249,000	$173	76
507 Winscott Ave	0.14mi	3/2.0	1,517 (+12%)	3mo	$257,098	$169	71
703 Seven Springs Dr	0.05mi	3/2.0	1,517 (+12%)	11mo	$262,900	$173	68
607 Killam Dr	0.02mi	3/2.0	1,546 (+15%)	12mo	$302,750	$196	64

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -25.5%
• Equity multiple: 0.16×
• Total profit: $-64,808
• Equity at exit: $40,891

10-year hold

• IRR: -35.1%
• Equity multiple: -0.28×
• Total profit: $-98,558
• Equity at exit: $23,712

Cash invested: $76,789 (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 →

Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 26 active · 6 under contract
• Months of supply: 22.3 mo (4%/mo absorbed)
• Median asking: $268,300 ($177/sqft)
• Median days on market: 210 d
• This list price: 8% of active listings are priced below it
• ARV vs active asking: +14.6% above current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 76502

• Rents YoY: -0.8%
• Active inventory: 1692
• Price-to-rent: 9.8×

Monthly cashflow live

• Estimated rent: $2,117 medium
• Mortgage (P&I): −$1,438
• Tax est. 1.5%: −$343 /mo · $4,114/yr
• Insurance: −$114
• HOA: −$0
• Vacancy / Maint / Mgmt: −$445
• Net cashflow: $-223

Break-even live

Break-even rent $2,399

Max offer price $241,996

Occupancy floor —

Sensitivity live

Price	-10% $-33	-5% $-128	+0% $-223	+5% $-318	+10% $-412
Rent	-10% $-390	-5% $-307	+0% $-223	+5% $-139	+10% $-56
Rate	-1.0pp $-85	-0.5pp $-153	base $-223	+0.5pp $-294	+1.0pp $-366

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: $68,562
• Closing costs: $8,227
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
716 Killam Dr Temple, TX	4.0	2.0	1759	$2,175	$1.24	7d	1	0.08mi
716 Killam Dr Temple, TX	4.0	2.0	1759	$2,175	$1.24	0d	1	0.08mi
716 Killam Dr Temple, TX	4.0	2.0	1759	$2,175	$1.24	25d	1	0.08mi
9512 Swenson Ln Temple, TX	4.0	3.0	1833	$2,050	$1.12	154d	1	0.19mi

Listing history 50 events

1. 2026-11-08
   days on market $248,900 Active 254 DOM
2. 2026-11-07
   days on market $248,900 Active 253 DOM
3. 2026-11-06
   days on market $248,900 Active 252 DOM
4. 2026-11-05
   days on market $248,900 Active 251 DOM
5. 2026-11-04
   days on market $248,900 Active 250 DOM
6. 2026-11-02
   days on market $248,900 Active 248 DOM
7. 2026-11-01
   days on market $248,900 Active 247 DOM
8. 2026-10-31
   days on market $248,900 Active 246 DOM
9. 2026-10-30
   days on market $248,900 Active 245 DOM
10. 2026-10-29
    days on market $248,900 Active 244 DOM
11. 2026-10-28
    days on market $248,900 Active 243 DOM
12. 2026-10-27
    days on market $248,900 Active 242 DOM
13. 2026-10-26
    days on market $248,900 Active 241 DOM
14. 2026-10-25
    days on market $248,900 Active 240 DOM
15. 2026-10-24
    days on market $248,900 Active 239 DOM
16. 2026-10-23
    days on market $248,900 Active 238 DOM
17. 2026-10-22
    days on market $248,900 Active 237 DOM
18. 2026-10-21
    days on market $248,900 Active 236 DOM
19. 2026-10-20
    days on market $248,900 Active 235 DOM
20. 2026-10-19
    days on market $248,900 Active 234 DOM
21. 2026-10-18
    days on market $248,900 Active 233 DOM
22. 2026-10-17
    days on market $248,900 Active 232 DOM
23. 2026-10-16
    days on market $248,900 Active 231 DOM
24. 2026-10-15
    days on market $248,900 Active 230 DOM
25. 2026-10-14
    days on market $248,900 Active 229 DOM
26. 2026-10-13
    days on market $248,900 Active 228 DOM
27. 2026-10-12
    days on market $248,900 Active 227 DOM
28. 2026-10-11
    days on market $248,900 Active 226 DOM
29. 2026-10-10
    days on market $248,900 Active 225 DOM
30. 2026-10-09
    days on market $248,900 Active 224 DOM
31. 2026-10-08
    days on market $248,900 Active 223 DOM
32. 2026-10-07
    days on market $248,900 Active 222 DOM
33. 2026-10-06
    days on market $248,900 Active 221 DOM
34. 2026-10-05
    days on market $248,900 Active 220 DOM
35. 2026-10-04
    days on market $248,900 Active 219 DOM
36. 2026-10-03
    days on market $248,900 Active 218 DOM
37. 2026-10-02
    days on market $248,900 Active 217 DOM
38. 2026-10-01
    days on market $248,900 Active 216 DOM
39. 2026-09-30
    days on market $248,900 Active 215 DOM
40. 2026-09-29
    days on market $248,900 Active 214 DOM
41. 2026-09-28
    days on market $248,900 Active 213 DOM
42. 2026-09-27
    days on market $248,900 Active 212 DOM
43. 2026-09-26
    days on market $248,900 Active 211 DOM
44. 2026-09-25
    days on market $248,900 Active 210 DOM
45. 2026-09-24
    days on market $248,900 Active 209 DOM
46. 2026-09-23
    days on market $248,900 Active 208 DOM
47. 2026-09-22
    days on market $248,900 Active 207 DOM
48. 2026-09-21
    days on market $248,900 Active 206 DOM
49. 2026-09-20
    days on market $248,900 Active 205 DOM
50. 2026-09-19
    days on market $248,900 Active 204 DOM

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 8/10 Severe 7 d/yr ≥108°F today · 25 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 80% 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: $25,403
• − Mortgage interest: −$15,362
• − Property taxes: −$4,114
• − Insurance: −$1,371
• − Repairs & maintenance: −$2,032
• − Management: −$2,032
• − Depreciation: −$7,978
• Taxable loss: −$7,487
• Est. tax savings @ 24.0%: +$1,797
• After-tax cash flow: $-878/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 · 12 photos

Good 80/100 None rehab

This home is in good condition with a modern kitchen and bathrooms, and a well-maintained exterior. It is move-in ready and has the potential for minor updates to further enhance its value.

Value-add opportunities

• Resale Painting interior walls — Fresh paint can enhance the home's curb appeal and make it more inviting. ↑
• Rental Landscaping improvements — A well-maintained yard can attract more renters and increase rental value. ↑
• Both Add smart home features — Smart home features can increase both resale and rental value by making the home more convenient and energy-efficient. ↑

F Composite school gradezoned avg 40/100

Zoned Schools

Elementary Academy El F TX #1,545/4,322 Nat'l #19,648/41,679 Middle Academy J H D+ TX #443/1,662 Nat'l #4,335/14,009 High Academy H S F TX #963/1,632 Nat'l #9,639/17,239

Schools (NCES district)

• District: Academy ISD
• NCES district ID: 4807470
• Math proficiency: 40% ▼ -13.00%
• Reading proficiency: 43% ▼ -7.00%
• Median HH income: $60,492
• Composite: 36.73/100
• National rank: #4591
• State rank: #309 of 826 in TX

B Composite livability gradescore 75/100

Livability — Temple

• Score: 75/100
• State rank: #122
• US rank: #3814

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Temple, TX
• County: Bell County · 371,114 people
• City population: 96,587
• Metro: Killeen-Temple, TX
• Population (ZIP): 52,669
• Household income: $82,088
• Rent vs Own: 35.9% rent · 64.1% own
• Severe rent burden: 9% of renters

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Population outlook (Bell County) Hauer SSP2

• Today (2025): 371,114 people
• By 2030: 389,104 · +4.8%
• By 2040: 420,592 · +13.3%
• By 2050: 447,779 · +20.7%
• By 2075: 499,130 · +34.5%
• By 2100: 505,680 · +36.3%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.59)
• Race & ethnicity: White 58% Hispanic / Latino 26% Two or more races 15% Black 9% Asian 3%
• Hispanic origin (detail): Mexican 21% Puerto Rican 2%
• Languages at home: 86% English-only · Spanish 10% Other Indo-European 1% Korean 1%

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Political lean MEDSL · Bell

• 2024 margin: R (+16.2) · D 41.3% · R 57.6% · Other 1.1%
• 2008→2024 swing: -6.5pp toward R · 2008: -9.8pp · 2024: -16.2pp
• All cycles: 2024: R+16.2 2020: R+8.5 2016: R+15.1 2012: R+16.4 2008: R+9.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -216.80%
• Current HPI: 166.927
• Rent YoY: ▼ -0.79%
• Metro: Killeen-Temple, TX
• State GDP YoY: ▲ 3.95%
• F500 in state: 110

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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 event — show timeline

• 2026-02-27 Listed $247,900 Zillow