1107 E North St · Kilgore, TX 75662

$109,000

3 bd · 2.0 ba · 1,776 sqft · SingleFamily public records · 42 Days on market

Built 1948 0.30 ac lot $61/sqft · 43% below area Est $190k · 43% under ↓ 9% since listing

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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 +25.0/30.0
• ARV discount +15.0/15.0
• 1% rule +8.5/10.0
• DSCR +8.2/10.0
• Rent growth +4.7/5.0
• Livability +3.6/5.0
• Schools +3.1/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Flexible layout with a full suite on one side and a 2-bed/1-bath setup on the other—ideal for multigenerational living, a home office, or rental use. Features include a two-room workshop, covered storage, new roof (2022), new attic insulation, 10-ft ceilings, and an automatic gate with paved parking. Quiet dead-end street near Kilgore College with plenty of potential.

Key facts

• Covered storage
• Automatic gate
• Dedicated carport

Tags

• DEDICATED CARPORT
• TWO ROOM WORKSHOP
• COVERED STORAGE
• NEW ROOF
• NEW ATTIC INSULATION
• AUTOMATIC GATE

Property features AI

Exterior

• Parking: Detached garage with 3 spaces; Carport; Paved parking; Detached parking
• Security: Smoke detectors
• Utilities: Cable available; Natural gas available; Public sewer
• Home design: Single-family residence; One story
• Construction: Aluminum siding; Vinyl siding; Pillar/post/pier foundation; Composition roof; Built as a single-family home
• Exterior features: Porch; Patio; Chain link fencing; Level lot; Asphalt road access; Storage building; Workshop

Interior

• Kitchen: Dishwasher; Electric range; Electric oven; Gas water heater
• Bedrooms: Total of 9 rooms (bedroom count not specified)
• Flooring: Laminate flooring; Vinyl flooring
• Bathrooms: 2 full bathrooms
• Heating & cooling: Ceiling fans; Window unit air conditioning; Has cooling
• Interior features: Walk-in closets; Pantry; Blinds

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $109k.

Deal economics

• At list price, monthly cash flow is $239 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $109k).
• Recommended offer: $106k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 72/100 on livability (#257 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime D+, employment D+, schools D-.
• Kilgore ISD (town): math 33% / reading 38% proficiency, ranked #498 of 826 in TX (top 60%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising fast (+8.9%/yr); 283 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 193 units permitted in Gregg County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $754 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 8.0% rent growth), your $31k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 42 days — a 3% lower offer ($106k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 4y ago; this cycle's ask has dropped $10k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: property tax is 3.4% of price; built in 1948 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 62% 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 $105,730 (3.0% below list)

Questions for the listing agent

1. It's been on market 42 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 1948 — 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. 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?
6. 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?
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: 1.35% ✓
• Cap rate: 8.92%
• Cash-on-cash: 9.38%
• DSCR: 1.42
• GRM: 6.2

CMA / ARV

• ARV (median comp): $189,950
• List price: $109,000
• Delta: -42.62%
• Verdict: UNDERPRICED
• Comps: 2 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 8.0% rent growth · sell at horizon

5-year hold

• IRR: 4.3%
• Equity multiple: 1.18×
• Total profit: $5,427
• Equity at exit: $16,252

10-year hold

• IRR: 18.6%
• Equity multiple: 2.97×
• Total profit: $60,165
• Equity at exit: $9,424

Cash invested: $30,520 (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 75662

• Home prices YoY: -16.9%
• Rents YoY: 8.9%
• Active inventory: 283
• Price-to-rent: 6.2×

Monthly cashflow live

• Estimated rent: $1,470 medium
• Mortgage (P&I): −$572
• Tax from tax record: −$306 /mo · $3,670/yr
• Insurance: −$45
• HOA: −$0
• Vacancy / Maint / Mgmt: −$309
• Net cashflow: $239

Break-even live

Break-even rent $1,168

Max offer price $109,000

Occupancy floor 79%

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: $27,250
• Closing costs: $3,270
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
620 Riverside Dr Kilgore, TX	3.0	2.0	1376	$1,495	$1.09	13d	1	0.63mi
633 Harris St Kilgore, TX	2.0	2.0	1500	$1,400	$0.93	13d	1	0.69mi

Listing history 34 events

1. 2026-06-19
   days on market $109,000 Active 42 DOM
2. 2026-06-18
   days on market $109,000 Active 41 DOM
3. 2026-06-17
   days on market $109,000 Active 40 DOM
4. 2026-06-16
   days on market $109,000 Active 39 DOM
5. 2026-06-15
   days on market $109,000 Active 38 DOM
6. 2026-06-14
   days on market $109,000 Active 36 DOM
7. 2026-06-13
   days on market $109,000 Active 35 DOM
8. 2026-06-10
   days on market $109,000 Active 33 DOM
9. 2026-06-09
   days on market $109,000 Active 32 DOM
10. 2026-06-08
    pricedays on market $109,000 Active 31 DOM
11. 2026-06-07
    days on market $118,900 Active 30 DOM
12. 2026-06-03
    days on market $118,900 Active 26 DOM
13. 2026-06-02
    days on market $118,900 Active 25 DOM
14. 2026-06-01
    days on market $118,900 Active 24 DOM
15. 2026-05-31
    days on market $118,900 Active 23 DOM
16. 2026-05-30
    days on market $118,900 Active 22 DOM
17. 2026-05-08
    listed $118,900 Active 812-char remark
18. 2025-11-09
    status Active
19. 2025-09-11
    price $124,900
20. 2025-08-23
    price $129,000
21. 2025-08-05
    price $138,900
22. 2025-07-09
    price $145,900
23. 2025-05-19
    price $149,900
24. 2025-05-08
    listed $160,000 Active
25. 2024-01-19
    price $149,000
26. 2024-01-19
    price $149,000
27. 2023-10-29
    listed $169,000 Active
28. 2023-09-26
    price $169,000
29. 2023-09-11
    listed $189,000 Active
30. 2022-09-06
    soldstatus
31. 2022-09-01
    soldstatus
32. 2022-06-17
    listed $119,500
33. 2017-01-23
    soldstatus
34. 1992-10-06
    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: $3,670 · $306/mo
• Projected year-2 tax: $3,670 · $306/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 3/10 Moderate
• 🌡 Heat 7/10 Severe 7 d/yr ≥109°F today · 25 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 62% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,642
• − Mortgage interest: −$6,106
• − Property taxes: −$3,670
• − Insurance: −$545
• − Repairs & maintenance: −$1,411
• − Management: −$1,411
• − Depreciation: −$3,171
• Taxable income: $1,327
• Est. tax owed @ 24.0%: −$319
• After-tax cash flow: $2,544/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: Kilgore ISD
• NCES district ID: 4825620
• Math proficiency: 33% ▼ -6.00%
• Reading proficiency: 38% ▲ 2.00%
• Median HH income: $49,682
• Composite: 30.72/100
• National rank: #6168
• State rank: #498 of 826 in TX

Livability — Kilgore

• Score: 72/100
• State rank: #257
• US rank: #6044

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Kilgore, TX
• County: Gregg County · 128,826 people
• City population: 25,034
• Metro: Longview, TX
• Population (ZIP): 25,034
• Household income: $70,096
• Rent vs Own: 21.9% rent · 78.1% own
• Severe rent burden: 486.0

Population outlook (Gregg County) Hauer SSP2

• Today (2025): 125,947 people
• By 2030: 126,542 · +0.5%
• By 2040: 127,311 · +1.1%
• By 2050: 127,289 · +1.1%
• By 2075: 124,954 · -0.8%
• By 2100: 113,737 · -9.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.58)
• Race & ethnicity: White 59% Hispanic / Latino 23% Two or more races 22% Black 11%
• Hispanic origin (detail): Mexican 21%
• Common ancestry: Lithuanian 2% Slovak 1% Serbian 1%
• Foreign-born: 9% · Canada
• Languages at home: 81% English-only · Spanish 18%

Political lean MEDSL · Gregg

• 2024 margin: Solid R (+42.2) · D 28.5% · R 70.7%
• 2008→2024 swing: -4.6pp toward R · 2008: -37.6pp · 2024: -42.2pp
• All cycles: 2024: R+42.2 2020: R+36.9 2016: R+41.3 2012: R+39.5 2008: R+37.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -50.09%
• Current HPI: 247.1337
• Rent YoY: ▲ 8.89%
• Metro: Longview, 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

-8.8% since first listed

19 events — show timeline

• 2026-06-07 Price Changed $109,000 LAAR
• 2026-05-08 Listed $118,900 LAAR
• 2025-11-09 Relisted — LAAR
• 2025-09-11 Price Changed $124,900 LAAR
• 2025-08-23 Price Changed $129,000 LAAR
• 2025-08-05 Price Changed $138,900 LAAR
• 2025-07-09 Price Changed $145,900 LAAR
• 2025-05-19 Price Changed $149,900 LAAR
• 2025-05-08 Listed $160,000 LAAR
• 2024-01-19 Price Changed $149,000 GTAR
• 2024-01-19 Price Changed $149,000 LAAR
• 2023-10-29 Listed $169,000 GTAR
• 2023-09-26 Price Changed $169,000 LAAR
• 2023-09-11 Listed $189,000 LAAR
• 2022-09-06 Sold (Public Records) — Public Records
• 2022-09-01 Sold (MLS) — LAAR
• 2022-06-17 Listed $119,500 LAAR
• 2017-01-23 Sold (Public Records) — Public Records
• 1992-10-06 Sold (Public Records) — Public Records

Property tax history

+9.8%/yr

Latest (2025): $3,670 · +10.2% YoY. Source: county tax records.