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1272 White Pine Dr
D- Composite 38.59
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 +10.7/15.0
  • Cash flow +9.9/30.0
  • Schools +4.6/10.0
  • Livability +3.4/5.0
  • DSCR +2.8/10.0
  • Rent growth +2.8/5.0
  • Condition / age +2.5/5.0
  • 1% rule +2.0/10.0
  • Appreciation +0.0/10.0

$549,900

1272 White Pine Dr · Haslet, TX 76052
4 bd · 3.0 ba · 2,545 sqft · Other · 63 Days on market
Built 2026 7,880 sqft lot $216/sqft · 7% below area Est $592k · 7% under $167/mo HOA · 4% of rent ↓ 4% since listing

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Extended entry with 13-foot ceiling leads to open kitchen, dining area and family room with hardwood floors throughout main living area, and a wood mantel fireplace. Kitchen offers generous counter space, a 5-burner gas cooktop, corner walk-in pantry and inviting island with built-in seating space. Dining area flows into family room with wall of windows. Game room with French doors just across from kitchen. Primary suite includes double-door entry to primary bath with dual vanities, a freestanding tub, separate glass-enclosed shower and two large walk-in closets. Secondary bedrooms feature walk-in closets. Covered backyard patio. Mud room off two-car garage.

Key facts

  • 13-foot ceiling
  • 5-burner gas cooktop
  • Open kitchen

Tags

13-FOOT CEILINGOPEN KITCHENWOOD MANTEL FIREPLACEGENEROUS COUNTER SPACE5-BURNER GAS COOKTOPCORNER WALK-IN PANTRY

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 4-bed/3.0-bath other listed at $550k.

Deal economics

  • At list price, monthly cash flow is $-345 ($-4k/yr) — negative.
  • To cash-flow at today's rent, offer at most $489k (11.1% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $385k (29.9% below list).
  • Recommended offer: $385k (29.9% below list) — sets the bar for 1% rule.
  • Cap rate 5.5% vs local median 2.9% in Haslet — 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 67/100 on livability (#538 in TX) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: amenities F, commute F, cost of living F.
  • Northwest ISD (rural): math 48% / reading 52% proficiency, ranked #120 of 826 in TX (top 14%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
  • Market conditions: Rents rising (+1.1%/yr); 1083 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 18,938 units permitted in Tarrant County in 2024 (8,336 in 5+ unit buildings).
  • This rent runs 32% of the median local income ($144k/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 $4k of loan paydown is wiped out by about $16k of value loss. Plan a longer hold.
  • Tarrant County population projected at +41% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 63 days — a 6% lower offer ($517k) is reasonable based on typical stale-listing flexibility.
  • 2 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 $385,256 (29.9% 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 63 days. Have you received any prior offers? Is the seller open to a 30% 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. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
  7. 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?
  8. 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.
  9. 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.
  10. 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
0.70%
Cap rate
5.54%
Cash-on-cash
-2.69%
DSCR
0.88
GRM
11.9

CMA / ARV

ARV (median comp)
$591,604
List price
$549,900
Delta
-7.05%
Verdict
FAIR
Comps
20 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 1.08% rent growth · sell at horizon

5-year hold
IRR
-22.7%
Equity multiple
0.23×
Total profit
$-118,580
Equity at exit
$81,992
10-year hold
IRR
-22.2%
Equity multiple
-0.05×
Total profit
$-161,178
Equity at exit
$47,545

Cash invested: $153,972 (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 76052

Home prices YoY
-25.0%
Rents YoY
1.1%
Active inventory
1083
Price-to-rent
11.9×

Monthly cashflow live

Estimated rent
$3,853 medium interval (Pro) →
Mortgage (P&I)
$2,884
Tax from tax record
$109 /mo · $1,304/yr
Insurance
$229
HOA
$167
Vacancy / Maint / Mgmt
$809
Net cashflow
$-345

Break-even live

Break-even rent $4,289
Max offer price $488,952
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
$137,475
Closing costs
$16,497
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 3 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1190 Blazingstar Dr Haslet, TX 4.0 3.5 3320 $3,590 $1.08 24d 1 0.51mi
552 Horsetail Way Haslet, TX 4.0 3.5 3430 $4,500 $1.31 5d 1 0.92mi
550 Peppercress Ln Haslet, TX 4.0 3.5 3167 $4,400 $1.39 43d 1 1.14mi

HOA detail

Monthly dues
$167 · $2,004/yr
Likely covers
gas

Listing history 8 events

  1. 2026-06-01
    statusdays on market $549,900 Pending 63 DOM
  2. 2026-05-31
    days on market $549,900 Active 62 DOM
  3. 2026-05-05
    price $549,900 666-char remark
    Show marketing remark (740 chars)

    Extended entry with 13-foot ceiling leads to open kitchen, dining area and family room with hardwood floors throughout main living area, and a wood mantel fireplace. Kitchen offers generous counter space, a 5-burner gas cooktop, corner walk-in pantry and inviting island with built-in seating space. Dining area flows into family room with wall of windows. Game room with French doors just across from kitchen. Primary suite includes double-door entry to primary bath with dual vanities, a freestanding tub, separate glass-enclosed shower and two large walk-in closets. Secondary bedrooms feature walk-in closets. Covered backyard patio. Mud room off two-car garage. Representative Images. Features and specifications may vary by community.

  4. 2026-05-05
    price $549,900 740-char remark
    Show marketing remark (740 chars)

    Extended entry with 13-foot ceiling leads to open kitchen, dining area and family room with hardwood floors throughout main living area, and a wood mantel fireplace. Kitchen offers generous counter space, a 5-burner gas cooktop, corner walk-in pantry and inviting island with built-in seating space. Dining area flows into family room with wall of windows. Game room with French doors just across from kitchen. Primary suite includes double-door entry to primary bath with dual vanities, a freestanding tub, separate glass-enclosed shower and two large walk-in closets. Secondary bedrooms feature walk-in closets. Covered backyard patio. Mud room off two-car garage. Representative Images. Features and specifications may vary by community.

  5. 2026-04-28
    price $582,900 740-char remark
    Show marketing remark (740 chars)

    Extended entry with 13-foot ceiling leads to open kitchen, dining area and family room with hardwood floors throughout main living area, and a wood mantel fireplace. Kitchen offers generous counter space, a 5-burner gas cooktop, corner walk-in pantry and inviting island with built-in seating space. Dining area flows into family room with wall of windows. Game room with French doors just across from kitchen. Primary suite includes double-door entry to primary bath with dual vanities, a freestanding tub, separate glass-enclosed shower and two large walk-in closets. Secondary bedrooms feature walk-in closets. Covered backyard patio. Mud room off two-car garage. Representative Images. Features and specifications may vary by community.

  6. 2026-04-27
    price $582,900 666-char remark
    Show marketing remark (666 chars)

    Extended entry with 13-foot ceiling leads to open kitchen, dining area and family room with hardwood floors throughout main living area, and a wood mantel fireplace. Kitchen offers generous counter space, a 5-burner gas cooktop, corner walk-in pantry and inviting island with built-in seating space. Dining area flows into family room with wall of windows. Game room with French doors just across from kitchen. Primary suite includes double-door entry to primary bath with dual vanities, a freestanding tub, separate glass-enclosed shower and two large walk-in closets. Secondary bedrooms feature walk-in closets. Covered backyard patio. Mud room off two-car garage.

  7. 2026-03-30
    listed $572,900 Active 666-char remark
    Show marketing remark (666 chars)

    Extended entry with 13-foot ceiling leads to open kitchen, dining area and family room with hardwood floors throughout main living area, and a wood mantel fireplace. Kitchen offers generous counter space, a 5-burner gas cooktop, corner walk-in pantry and inviting island with built-in seating space. Dining area flows into family room with wall of windows. Game room with French doors just across from kitchen. Primary suite includes double-door entry to primary bath with dual vanities, a freestanding tub, separate glass-enclosed shower and two large walk-in closets. Secondary bedrooms feature walk-in closets. Covered backyard patio. Mud room off two-car garage.

  8. 2026-03-13
    listed $572,900 Active 740-char remark
    Show marketing remark (740 chars)

    Extended entry with 13-foot ceiling leads to open kitchen, dining area and family room with hardwood floors throughout main living area, and a wood mantel fireplace. Kitchen offers generous counter space, a 5-burner gas cooktop, corner walk-in pantry and inviting island with built-in seating space. Dining area flows into family room with wall of windows. Game room with French doors just across from kitchen. Primary suite includes double-door entry to primary bath with dual vanities, a freestanding tub, separate glass-enclosed shower and two large walk-in closets. Secondary bedrooms feature walk-in closets. Covered backyard patio. Mud room off two-car garage. Representative Images. Features and specifications may vary by community.

ⓘ 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
$1,304 · $109/mo
Projected year-2 tax
$10,063 · $839/mo
Expected delta
+$8,759/yr (+$730/mo · 671.6%)

ⓘ 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
$46,231
− Mortgage interest
−$30,803
− Property taxes
−$1,304
− Insurance
−$2,750
− Repairs & maintenance
−$3,698
− Management
−$3,698
− HOA
−$2,004
− Depreciation
−$15,997
Taxable loss
−$14,024
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$3,366
After-tax cash flow
$-774/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
Northwest ISD
NCES district ID
4833180
Math proficiency
48% ▼ -15.00%
Reading proficiency
52% ▼ -8.00%
Median HH income
$85,315
Composite
46.15/100
National rank
#2504
State rank
#120 of 826 in TX

Livability — Haslet

Score
67/100
State rank
#538
US rank
#10504

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Haslet, TX
County
Tarrant County · 2,033,669 people
City population
34,249
Metro
Dallas-Fort Worth-Arlington, TX
Population (ZIP)
34,249
Household income
$143,555
Rent vs Own
15.6% rent · 84.4% own
Severe rent burden
358.0

Population outlook (Tarrant County) Hauer SSP2

Today (2025)
2,380,417 people
By 2030
2,578,900 · +8.3%
By 2040
2,974,995 · +25.0%
By 2050
3,350,489 · +40.8%
By 2075
4,216,909 · +77.2%
By 2100
4,741,527 · +99.2%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (66%)
Race & ethnicity
White 66% Hispanic / Latino 14% Two or more races 13% Black 11% Asian 4%
Hispanic origin (detail)
Mexican 7% Puerto Rican 2%
Common ancestry
Lithuanian 7% Slovak 4% Romanian 1%
Foreign-born
7% · Canada, Vietnam
Languages at home
88% English-only · Spanish 6% Vietnamese 2% Other Indo-European 1%

Political lean MEDSL · Tarrant

2024 margin
Lean R (+5.1) · D 46.7% · R 51.9% · Other 1.4%
2008→2024 swing
+6.6pp toward D · 2008: -11.7pp · 2024: -5.1pp
All cycles
2024: R+5.1 2020: D+0.2 2016: R+8.7 2012: R+15.7 2008: R+11.7

Not yet ingested

Civics

Market trends

HPI YoY
▼ -78.77%
Current HPI
235.7417
Rent YoY
▲ 1.08%
Metro
Dallas-Fort Worth-Arlington, TX
State GDP YoY
▲ 3.95%
F500 in state
110

Industry mix (Fortune 500 HQ in TX)

Industry F500 HQs Revenue

Price history

-4.0% since first listed
6 events — show timeline
  • 2026-05-05 Price Changed $549,900 NTREIS
  • 2026-05-05 Price Changed $549,900 Zillow
  • 2026-04-28 Price Changed $582,900 Zillow
  • 2026-04-27 Price Changed $582,900 NTREIS
  • 2026-03-30 Listed $572,900 NTREIS
  • 2026-03-13 Listed $572,900 Zillow

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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