1303 S 15th St · Temple, TX 76504

$129,900

3 bd · 1.0 ba · 1,104 sqft · SingleFamily public records · 45 Days on market

Built 1918 5,501 sqft lot $118/sqft · 14% below area Est $151k · 14% under ↓ 9% 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).

• Cash flow +14.8/30.0
• ARV discount +13.8/15.0
• 1% rule +5.2/10.0
• DSCR +4.5/10.0
• Livability +3.8/5.0
• Schools +2.7/10.0
• Rent growth +2.6/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Charming 3-bedroom, 1-bath home conveniently located just off 31st, offering excellent visibility and easy access. Featuring fresh paint and brand-new carpet, this property is move-in ready and full of potential. Ideal as a starter home or a great opportunity for a small business or commercial use, thanks to its prime location. Versatile, plenty of natural lighting, and ready for your vision!

Key facts

• Move-in ready
• Easy access
• Excellent visibility

Tags

• EXCELLENT VISIBILITY
• EASY ACCESS
• FRESH PAINT
• BRAND-NEW CARPET
• MOVE-IN READY
• PRIME LOCATION

Property features AI

Finance

• HOA & community: Curbs; Sidewalks

Exterior

• Parking: Detached garage
• Utilities: Electricity available; Public water; Public sewer
• Home design: Single-story; Resale property
• Construction: Lap siding exterior; Composition/shingle roof; Pillar/post/pier foundation; Year built (assessor)
• Exterior features: Covered patio; Covered porch; Porch; Back yard chain-link fence

Interior

• Kitchen: Some electric appliances; Electric water heater; Water heater
• Bedrooms: All bedrooms on main level
• Flooring: Carpet
• Bathrooms: 1 full bathroom
• Heating & cooling: Electric heating; Electric cooling (one unit)
• Interior features: All bedrooms on main level; Dining area; Separate formal dining room; Tub with shower
• Laundry & utility: Laundry area in kitchen

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $130k.

Deal economics

• At list price, monthly cash flow is $36 ($436/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $130k).
• Recommended offer: $126k (3.0% below list) — sets the bar for market timing.
• Cap rate 6.6% vs local median 3.6% 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: schools C-, commute C-, crime D+.
• Temple ISD (urban): math 32% / reading 31% proficiency, ranked #590 of 826 in TX (top 71%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 66% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents flat; 276 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 40% of comp listings sitting > 30 days — soft ceiling on asking rent; 3,222 units permitted in Bell County in 2024 (246 in 5+ unit buildings).
• This rent runs 30% of the median local income ($53k/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 $898 of loan paydown is wiped out by about $4k 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 45 days — a 3% lower offer ($126k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 4y ago; this cycle's ask has dropped $9k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: property tax is 2.6% of price; built in 1918 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 70% chance of damaging wind over 30y; extreme-heat days projected 6→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $126,003 (3.0% below list)

Questions for the listing agent

1. It's been on market 45 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1918 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
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: 1.02% ✓
• Cap rate: 6.63%
• Cash-on-cash: 1.20%
• DSCR: 1.05
• GRM: 8.1

CMA / ARV

• ARV (median comp): $151,222
• List price: $129,900
• Delta: -14.10%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1202 S 7th St	0.22mi	2/1.0 (-1)	1,064 (-4%)	4mo	$139,000	$131	76
1718 S 15th St	0.31mi	3/2.0	1,116 (+1%)	8mo	$165,000	$148	73
918 S 19th St	0.25mi	2/2.0 (-1)	1,128 (+2%)	7mo	$89,000	$79	70
1001 S 29th St	0.50mi	3/1.0	1,080 (-2%)	4mo	$107,000	$99	70
1514 S 13th St	0.17mi	3/1.0	999 (-10%)	9mo	$150,000	$150	68
920 S 33rd St	0.67mi	3/1.0	1,104 (0%)	1mo	$99,000	$90	68
914 S 2nd St	0.56mi	3/2.0	1,081 (-2%)	1mo	$165,000	$153	66
2014 S 9th St	0.54mi	2/1.0 (-1)	1,112 (+1%)	7mo	$145,000	$130	63
1014 S 3rd St	0.38mi	4/2.0 (+1)	1,199 (+9%)	5mo	$78,999	$66	55
1606 S 31st St	0.61mi	3/1.0	1,144 (+4%)	16mo	$210,000	$184	52
1014 S 29th St	0.52mi	2/1.0 (-1)	981 (-11%)	1mo	$60,000	$61	51
806 S 23rd St	0.43mi	2/1.0 (-1)	973 (-12%)	8mo	$55,000	$57	49

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 · 0.33% rent growth · sell at horizon

5-year hold

• IRR: -17.7%
• Equity multiple: 0.39×
• Total profit: $-22,124
• Equity at exit: $19,369

10-year hold

• IRR: -16.9%
• Equity multiple: 0.19×
• Total profit: $-29,450
• Equity at exit: $11,231

Cash invested: $36,372 (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 76504

• Rents YoY: 0.3%
• Active inventory: 276
• Price-to-rent: 8.1×

Monthly cashflow live

• Estimated rent: $1,330 high
• Mortgage (P&I): −$681
• Tax from tax record: −$279 /mo · $3,347/yr
• Insurance: −$54
• HOA: −$0
• Vacancy / Maint / Mgmt: −$279
• Net cashflow: $36

Break-even live

Break-even rent $1,284

Max offer price $129,900

Occupancy floor 92%

Sensitivity live

Price	-10% $110	-5% $73	+0% $36	+5% $0	+10% $-37
Rent	-10% $-69	-5% $-16	+0% $36	+5% $89	+10% $141
Rate	-1.0pp $102	-0.5pp $69	base $36	+0.5pp $3	+1.0pp $-32

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: $32,475
• Closing costs: $3,897
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1205 S 17th St Temple, TX	2.0	1.0	840	$625	$0.74	24d	1	0.08mi
1305 S 21st St Temple, TX	2.0	1.0	900	$1,150	$1.28	44d	1	0.16mi
1511 S 11th St Temple, TX	2.0	1.0	735	$1,095	$1.49	14d	1	0.21mi
1117 S 9th St Unit B Temple, TX	3.0	1.0	900	$850	$0.94	24d	1	0.23mi
1615 S 11th St Temple, TX	2.0	1.0	1076	$1,995	$1.85	14d	1	0.27mi
1518 S 7th St Temple, TX	2.0	1.0	965	$1,100	$1.14	24d	1	0.29mi
1201 S 25th St Temple, TX	2.0	1.0	852	$1,265	$1.48	24d	1	0.31mi
1407 S 5th St Temple, TX	3.0	2.5	1300	$1,465	$1.13	14d	1	0.35mi
1809 S 13th St Temple, TX	3.0	1.5	1172	$1,350	$1.15	44d	1	0.36mi
902 S 23rd St Temple, TX	3.0	1.0	1040	$1,200	$1.15	24d	1	0.37mi
1101 S 3rd St Temple, TX	3.0	1.0	1404	$1,200	$0.85	24d	1	0.41mi
806 S 23rd St Temple, TX	3.0	2.0	1000	$1,445	$1.45	14d	1	0.42mi
1001 S 29th St Temple, TX	3.0	1.0	1080	$1,400	$1.30	24d	1	0.48mi
2007 S 9th St Temple, TX	3.0	2.0	1484	$1,398	$0.94	14d	1	0.52mi
2017 S 13th St Temple, TX	3.0	2.0	1429	$1,525	$1.07	24d	1	0.53mi
1002 S 2nd St Temple, TX	3.0	1.0	1064	$1,325	$1.25	21d	1	0.59mi
1107 S 33rd St Unit B Temple, TX	2.0	2.0	1009	$1,150	$1.14	14d	1	0.59mi
2110 S 5th St Unit B Temple, TX	3.0	2.0	1194	$1,195	$1.00	44d	1	0.64mi
1409 S 35th St Temple, TX	2.0	1.0	1000	$1,195	$1.20	44d	1	0.65mi
420 S 27th St Temple, TX	2.0	2.0	1200	$1,395	$1.16	14d	1	0.71mi
1407 Martin Luther King Junior Ln Unit A Temple, TX	3.0	2.5	1300	$1,700	$1.31	44d	1	0.75mi
1802 West Avenue H Unit D Temple, TX	2.0	1.0	700	$850	$1.21	44d	1	0.77mi
1606 S 37th St Temple, TX	2.0	1.0	1264	$1,400	$1.11	44d	1	0.77mi
2405 S 13th St Temple, TX	1.0–2.0	1.0–2.0	835	$1,065	$1.28	14d	4	0.78mi
1321 S 39th St Temple, TX	2.0	2.0	1006	$1,200	$1.19	44d	1	0.78mi
814 S Martin Luther King Blvd Temple, TX	3.0	2.0	1035	$1,100	$1.06	14d	1	0.79mi
1609 S 39th St Temple, TX	3.0	1.0	1207	$1,500	$1.24	44d	1	0.81mi
1219 S 10th St Temple, TX	3.0	1.0	1080	$1,050	$0.97	44d	1	0.81mi
1214 S 12th St Unit 12th St unit 1214 A Temple, TX	3.0	2.5	1355	$1,475	$1.09	44d	1	0.83mi
1020 S 12th St Unit 12th St unit 1020 A Temple, TX	3.0	2.5	1355	$1,475	$1.09	44d	1	0.86mi
2012 S 31st St Temple, TX	3.0	2.0	1273	$1,919	$1.51	44d	1	0.86mi
603 East Avenue M Unit B Temple, TX	3.0	1.0	900	$945	$1.05	44d	1	0.91mi
1519 S 43rd St Temple, TX	3.0	2.0	1400	$1,595	$1.14	14d	1	0.93mi
640 SW H K Dodgen Loop Temple, TX	1.0–2.0	1.0–2.0	857	$1,899	$2.22	14d	1	0.94mi
1508 S 43rd St Temple, TX	3.0	2.0	1164	$1,495	$1.28	44d	1	0.96mi
2102 Scott Blvd Temple, TX	1.0–3.0	1.0–2.0	924	$2,165	$2.34	14d	22	0.96mi
1401 S 47th St Temple, TX	3.0	1.0	1204	$1,395	$1.16	44d	1	1.06mi
1817 S 45th St Temple, TX	3.0	2.0	1288	$1,495	$1.16	24d	1	1.06mi
2510 S 31st St Temple, TX	1.0–3.0	1.0–2.0	987	$1,640	$1.66	14d	26	1.07mi
703 S 16th St Temple, TX	3.0	2.0	1090	$1,035	$0.95	14d	1	1.11mi

Listing history 27 events

1. 2026-06-18
   days on market $129,900 Active 45 DOM
2. 2026-06-18
   price $129,900 Active 44 DOM
3. 2026-06-17
   days on market $139,000 Active 44 DOM
4. 2026-06-16
   days on market $139,000 Active 43 DOM
5. 2026-06-15
   days on market $139,000 Active 42 DOM
6. 2026-06-14
   days on market $139,000 Active 40 DOM
7. 2026-06-10
   days on market $139,000 Active 37 DOM
8. 2026-06-09
   days on market $139,000 Active 36 DOM
9. 2026-06-08
   days on market $139,000 Active 35 DOM
10. 2026-06-07
    days on market $139,000 Active 34 DOM
11. 2026-06-03
    days on market $139,000 Active 30 DOM
12. 2026-06-02
    days on market $139,000 Active 29 DOM
13. 2026-06-01
    days on market $139,000 Active 28 DOM
14. 2026-05-31
    days on market $139,000 Active 27 DOM
15. 2026-05-30
    days on market $139,000 Active 26 DOM
16. 2026-05-04
    listed $139,000 Active 395-char remark
17. 2022-10-20
    historical
18. 2022-10-13
    listed $129,000 Active
19. 2022-09-30
    historical
20. 2022-09-16
    status Active
21. 2022-09-14
    status Pending
22. 2022-08-17
    price $129,000
23. 2022-06-23
    status Active
24. 2022-06-21
    status Pending
25. 2022-06-14
    listed $143,000 Active
26. 2003-08-29
    soldstatus
27. 1987-11-19
    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: $3,347 · $279/mo
• Projected year-2 tax: $3,347 · $279/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ 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 2/10 Low
• 🌡 Heat 7/10 Severe 6 d/yr ≥108°F today · 18 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 70% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,958
• − Mortgage interest: −$7,276
• − Property taxes: −$3,347
• − Insurance: −$650
• − Repairs & maintenance: −$1,277
• − Management: −$1,277
• − Depreciation: −$3,779
• Taxable loss: −$1,647
• Est. tax savings @ 24.0%: +$395
• After-tax cash flow: $831/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: Temple ISD
• NCES district ID: 4842330
• Math proficiency: 32% ▼ -8.00%
• Reading proficiency: 31% ▼ -4.00%
• Median HH income: $43,120
• Composite: 26.8/100
• National rank: #7123
• State rank: #590 of 826 in TX

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 · 345,090 people
• City population: 96,587
• Metro: Killeen-Temple, TX
• Population (ZIP): 26,166
• Household income: $52,803
• Rent vs Own: 68.6% rent · 31.4% own
• Severe rent burden: 1489.0

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%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.65)
• Race & ethnicity: White 49% Hispanic / Latino 29% Black 15% Two or more races 14% Asian 1%
• Hispanic origin (detail): Mexican 24% Puerto Rican 2%
• Common ancestry: Italian 2% Romanian 2% Lithuanian 1%
• Foreign-born: 8% · Canada
• Languages at home: 81% English-only · Spanish 17% Other Indo-European 1%

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: ▼ -159.28%
• Current HPI: 186.1148
• Rent YoY: ▲ 0.33%
• Metro: Killeen-Temple, 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
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

-9.2% since first listed

13 events — show timeline

• 2026-06-17 Price Changed $129,900 CTXMLS
• 2026-05-04 Listed $139,000 CTXMLS
• 2022-10-20 Listing Removed — CTXMLS
• 2022-10-13 Listed $129,000 CTXMLS
• 2022-09-30 Listing Removed — CTXMLS
• 2022-09-16 Relisted — CTXMLS
• 2022-09-14 Pending — CTXMLS
• 2022-08-17 Price Changed $129,000 CTXMLS
• 2022-06-23 Relisted — CTXMLS
• 2022-06-21 Pending — CTXMLS
• 2022-06-14 Listed $143,000 CTXMLS
• 2003-08-29 Sold (Public Records) — Public Records
• 1987-11-19 Sold (Public Records) — Public Records

Property tax history

+10.2%/yr

Latest (2026): $3,347 · +11.5% YoY. Source: county tax records.