501 N Lincoln Ave · Electra, TX 76360

$75,000

3 bd · 2.0 ba · 1,128 sqft · SingleFamily public records · 30 Days on market

Built 1955 7,013 sqft lot Est $136k · 45% under

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Why this score? — see what drove the A- 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 +30.0/30.0
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Appreciation +5.6/10.0
• Livability +3.3/5.0
• Schools +3.1/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks

4 bedrooms and 2 bathrooms single home with 2 car garage converted to storage room, seller offer Lease Purchase and Rent to Own program with 0 down payment, $650 monthly payment at 30 years term, $1500 attorney fee for closing documents, $2150 upfront to move in. House to be sold As Is condition

Key facts

• 7,013 sq ft lot
• 2 garage spots
• Built 1955

Property features AI

Finance

• Other: Property is not attached to another unit; Will not subdivide
• Financial info: Loan type: Treat As Clear; No second mortgage reported
• HOA & community: No homeowners association

Exterior

• Parking: 2 covered parking spaces; 2-car attached garage; Carport: none
• Security: No smart home features reported
• Utilities: City water; City sewer; Not in a municipal utility district
• Home design: Single family residence; Residential property; Built in 1955; One story
• Construction: Year built: 1955; Construction material and foundation details not provided; Roof details not provided
• Exterior features: Lot under 0.5 acre (about 0.161 acres); Subdivision: Original Town E; Directions provided

Interior

• Kitchen: Other appliances
• Bedrooms: 4 bedrooms (all on the main level); Primary bedroom on main level (approximately 15 x 15); Additional bedrooms on main level (approx. 11 x 10; 10 x 10; 10 x 10)
• Flooring: Flooring details not provided
• Bathrooms: 2 full bathrooms
• Heating & cooling: Heating and cooling details not provided
• Interior features: One-level layout; One living area; One dining area; 5 total rooms; Other interior features
• Laundry & utility: Laundry/utility details not provided

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $75k.

Deal economics

• At list price, monthly cash flow is $519 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $75k).
• Recommended offer: $74k (1.5% below list) — sets the bar for market timing.

Location & tenants

• Location reads 66/100 on livability (#647 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime B; Watch: health & safety C-, schools D+, amenities F.
• Electra ISD (town): math 35% / reading 39% proficiency, ranked #494 of 826 in TX (top 60%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 48 active listings in the ZIP; 231 units permitted in Wichita County in 2024 (10 in 5+ unit buildings).

Forward outlook

• In year one you build about $1k of equity ($519 loan paydown + $855 appreciation (1.1% local appreciation)).
• Wichita County population projected to shrink 7% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (1.1% appreciation + 3.0% rent growth), your $21k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 30 days — a 2% lower offer ($74k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 3y ago 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.

Risks & watch-outs

• Watch-outs: built in 1955 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wildfire risk; extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $73,875 (1.5% below list)

Questions for the listing agent

1. Built in 1955 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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: 1.69% ✓
• Cap rate: 14.59%
• Cash-on-cash: 29.64%
• DSCR: 2.32
• GRM: 4.9

CMA / ARV

• ARV (on-the-fly): $136,488
• Comps found: 2

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
605 E Glisson Ave	0.17mi	3/1.0	1,133 (+0%)	11mo	$53,000	$47	78
309 E Franklin Ave	0.24mi	3/2.0	1,155 (+2%)	24mo	$140,000	$121	65

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

Projected returns pro-forma

1.14% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 32.2%
• Equity multiple: 2.66×
• Total profit: $34,946
• Equity at exit: $26,150

10-year hold

• IRR: 34.4%
• Equity multiple: 5.17×
• Total profit: $87,672
• Equity at exit: $35,178

Cash invested: $21,000 (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 76360

• Home prices YoY: 1.1%
• Active inventory: 48
• Price-to-rent: 4.9×

Monthly cashflow live

• Estimated rent: $1,266 medium
• Mortgage (P&I): −$393
• Tax from tax record: −$57 /mo · $686/yr
• Insurance: −$31
• HOA: −$0
• Vacancy / Maint / Mgmt: −$266
• Net cashflow: $519

Break-even live

Break-even rent $610

Max offer price $75,000

Occupancy floor 54%

Sensitivity live

Price	-10% $561	-5% $540	+0% $519	+5% $497	+10% $476
Rent	-10% $419	-5% $469	+0% $519	+5% $569	+10% $619
Rate	-1.0pp $556	-0.5pp $538	base $519	+0.5pp $499	+1.0pp $479

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: $18,750
• Closing costs: $2,250
• Reserves months: —
• Total cash needed: —

Listing history 31 events

1. 2026-06-21
   days on market $75,000 Active 30 DOM
2. 2026-06-18
   days on market $75,000 Active 28 DOM
3. 2026-06-17
   days on market $75,000 Active 27 DOM
4. 2026-06-16
   days on market $75,000 Active 26 DOM
5. 2026-06-15
   days on market $75,000 Active 25 DOM
6. 2026-06-13
   days on market $75,000 Active 23 DOM
7. 2026-06-12
   days on market $75,000 Active 22 DOM
8. 2026-06-09
   days on market $75,000 Active 19 DOM
9. 2026-06-08
   days on market $75,000 Active 18 DOM
10. 2026-06-08
    days on market $75,000 Active 17 DOM
11. 2026-06-07
    days on market $75,000 Active 16 DOM
12. 2026-06-03
    days on market $75,000 Active 13 DOM
13. 2026-06-02
    days on market $75,000 Active 12 DOM
14. 2026-06-01
    days on market $75,000 Active 11 DOM
15. 2026-05-31
    days on market $75,000 Active 10 DOM
16. 2026-05-21
    listed $75,000 Active
17. 2025-03-10
    price $75,000
18. 2025-03-10
    price $70,000
19. 2025-03-03
    listed $75,000 Active
20. 2024-06-25
    status Active
21. 2024-04-28
    price $69,900
22. 2024-03-26
    listed $74,900 Active
23. 2023-09-01
    price $74,900
24. 2023-08-31
    soldstatus Closed
25. 2023-08-31
    listed $79,800 Active
26. 2023-08-31
    soldstatus
27. 2023-08-29
    status Pending
28. 2023-08-18
    listed $12,000 Active
29. 2021-08-03
    soldstatus
30. 2015-04-29
    soldstatus
31. 2013-07-10
    soldstatus

ⓘ 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: $686 · $57/mo
• Projected year-2 tax: $1,372 · $114/mo
• Expected delta: +$687/yr (+$57/mo · 100.1%)

ⓘ 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 (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 9/10 Extreme
• 🌡 Heat 6/10 Major 7 d/yr ≥109°F today · 18 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 10% 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: $15,195
• − Mortgage interest: −$4,201
• − Property taxes: −$686
• − Insurance: −$375
• − Repairs & maintenance: −$1,216
• − Management: −$1,216
• − Depreciation: −$2,182
• Taxable income: $5,320
• Est. tax owed @ 24.0%: −$1,277
• After-tax cash flow: $4,947/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: Electra ISD
• NCES district ID: 4818330
• Math proficiency: 35% ▼ -5.00%
• Reading proficiency: 39% ▼ -1.00%
• Median HH income: $39,107
• Composite: 30.95/100
• National rank: #6109
• State rank: #494 of 826 in TX

Livability — Electra

• Score: 66/100
• State rank: #647
• US rank: #12245

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Electra, TX
• Population (ZIP): 2,692

Population outlook (Wichita County) Hauer SSP2

• Today (2025): 129,638 people
• By 2030: 128,366 · -1.0%
• By 2040: 124,466 · -4.0%
• By 2050: 120,499 · -7.0%
• By 2075: 113,884 · -12.2%
• By 2100: 101,818 · -21.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (73%)
• Race & ethnicity: White 73% Hispanic / Latino 18% Two or more races 9% Black 4%
• Hispanic origin (detail): Mexican 17%
• Common ancestry: Slovak 3% Italian 2% Iranian 1%
• Foreign-born: 1% · Canada
• Languages at home: 93% English-only · Spanish 6%

Political lean MEDSL · Wichita

• 2024 margin: Solid R (+44.0) · D 27.5% · R 71.5%
• 2008→2024 swing: -5.2pp toward R · 2008: -38.9pp · 2024: -44.0pp
• All cycles: 2024: R+44.0 2020: R+41.1 2016: R+49.7 2012: R+47.1 2008: R+38.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 1.14%
• Current HPI: 106.7145
• 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

+525.0% since first listed

16 events — show timeline

• 2026-05-21 Listed $75,000 NTREIS
• 2025-03-10 Price Changed $75,000 NTREIS
• 2025-03-10 Price Changed $70,000 NTREIS
• 2025-03-03 Listed $75,000 NTREIS
• 2024-06-25 Relisted — NTREIS
• 2024-04-28 Price Changed $69,900 NTREIS
• 2024-03-26 Listed $74,900 NTREIS
• 2023-09-01 Price Changed $74,900 NTREIS
• 2023-08-31 Sold (Public Records) — Public Records
• 2023-08-31 Listed $79,800 NTREIS
• 2023-08-31 Sold (MLS) — NTREIS
• 2023-08-29 Pending — NTREIS
• 2023-08-18 Listed $12,000 NTREIS
• 2021-08-03 Sold (Public Records) — Public Records
• 2015-04-29 Sold (Public Records) — Public Records
• 2013-07-10 Sold (Public Records) — Public Records

Property tax history

+2.5%/yr

Latest (2025): $686 · +19.9% YoY. Source: county tax records.