1211 Main · Ralls, TX 79357

$35,000

2 bd · 1.0 ba · 1,409 sqft · SingleFamily public records · 146 Days on market

Built 1950 10,498 sqft lot

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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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Appreciation +6.5/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.0/10.0

Listing remarks MLS

This 2-bedroom, 1-bath brick home is a great opportunity for investors and first-time home buyers looking for a solid project. A versatile bonus room provides the option for a third bedroom, home office, or hobby space—adding instant value and flexibility. The property includes a one-car garage, a large lot, and a storage shed, offering plenty of room for improvements or future expansion. Washer, dryer, and oven convey, making this an even better deal. With a functional layout and tons of potential, this home is ready for renovation and a fresh new chapter.

Key facts

• One car garage
• Bonus room
• Large lot

Tags

• BONUS ROOM
• ONE CAR GARAGE
• LARGE LOT
• STORAGE SHED

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $35k.

Deal economics

• At list price, monthly cash flow is $606 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $35k).
• Recommended offer: $31k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 65/100 on livability (#685 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime B+; Watch: health & safety C-, amenities F, commute F.
• Ralls ISD (rural): math 23% / reading 26% proficiency, ranked #728 of 826 in TX (top 88%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 67% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Ralls El (math 22% / reading 27%, grade F, #3,052 of 4,322 statewide, top 74%, 192 students, 88% FRL); Ralls Middle (math 27% / reading 27%, grade F, #1,177 of 1,662 statewide, top 72%, 108 students, 79% FRL); Ralls H S (math 5% / reading 15%, grade F, #1,566 of 1,632 statewide, top 97%, 153 students, 75% FRL).
• Market conditions: 19 active listings in the ZIP.

Forward outlook

• In year one you build about $1k of equity ($242 loan paydown + $1k appreciation (3.0% local appreciation)).
• Crosby County population projected at -19% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (3.0% appreciation + 3.0% rent growth), your $10k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 146 days — a 12% lower offer ($31k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 4y ago; this cycle's ask has dropped $35k (50%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $30,800 (12.0% below list)

Questions for the listing agent

1. It's been on market 146 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. Schools are F-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. 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.
7. 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.
8. 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: 3.07% ✓
• Cap rate: 27.07%
• Cash-on-cash: 74.19%
• DSCR: 4.30
• GRM: 2.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

2.98% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 78.7%
• Equity multiple: 5.37×
• Total profit: $42,791
• Equity at exit: $15,704

10-year hold

• IRR: 78.3%
• Equity multiple: 11.03×
• Total profit: $98,316
• Equity at exit: $24,175

Cash invested: $9,800 (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 79357

• Home prices YoY: 3.2%
• Active inventory: 19
• Price-to-rent: 2.7×

Monthly cashflow live

• Estimated rent: $1,073 medium
• Mortgage (P&I): −$184
• Tax est. 1.5%: −$44 /mo · $525/yr
• Insurance: −$15
• HOA: −$0
• Vacancy / Maint / Mgmt: −$225
• Net cashflow: $606

Break-even live

Break-even rent $306

Max offer price $35,000

Occupancy floor 39%

Sensitivity live

Price	-10% $630	-5% $618	+0% $606	+5% $594	+10% $582
Rent	-10% $521	-5% $564	+0% $606	+5% $648	+10% $691
Rate	-1.0pp $624	-0.5pp $615	base $606	+0.5pp $597	+1.0pp $588

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: $8,750
• Closing costs: $1,050
• Reserves months: —
• Total cash needed: —

Listing history 29 events

1. 2026-06-18
   status $35,000 Pending 146 DOM
2. 2026-06-18
   days on market $35,000 Active 146 DOM
3. 2026-06-17
   days on market $35,000 Active 145 DOM
4. 2026-06-16
   days on market $35,000 Active 144 DOM
5. 2026-06-15
   pricedays on market $35,000 Active 143 DOM
6. 2026-06-15
   days on market $50,000 Active 142 DOM
7. 2026-06-13
   days on market $50,000 Active 141 DOM
8. 2026-06-12
   days on market $50,000 Active 140 DOM
9. 2026-06-09
   days on market $50,000 Active 137 DOM
10. 2026-06-08
    days on market $50,000 Active 136 DOM
11. 2026-06-08
    days on market $50,000 Active 135 DOM
12. 2026-06-05
    days on market $50,000 Active 133 DOM
13. 2026-06-03
    days on market $50,000 Active 131 DOM
14. 2026-06-02
    days on market $50,000 Active 130 DOM
15. 2026-06-01
    days on market $50,000 Active 129 DOM
16. 2026-05-31
    days on market $50,000 Active 128 DOM
17. 2026-04-28
    status Active 569-char remark

    Show marketing remark (569 chars)

    This 2-bedroom, 1-bath brick home is a great opportunity for investors and first-time home buyers looking for a solid project. A versatile bonus room provides the option for a third bedroom, home office, or hobby space—adding instant value and flexibility. The property includes a one-car garage, a large lot, and a storage shed, offering plenty of room for improvements or future expansion. Washer, dryer, and oven convey, making this an even better deal. With a functional layout and tons of potential, this home is ready for renovation and a fresh new chapter.

18. 2026-03-17
    status Pending 569-char remark

    Show marketing remark (569 chars)

    This 2-bedroom, 1-bath brick home is a great opportunity for investors and first-time home buyers looking for a solid project. A versatile bonus room provides the option for a third bedroom, home office, or hobby space—adding instant value and flexibility. The property includes a one-car garage, a large lot, and a storage shed, offering plenty of room for improvements or future expansion. Washer, dryer, and oven convey, making this an even better deal. With a functional layout and tons of potential, this home is ready for renovation and a fresh new chapter.

19. 2026-02-14
    price $50,000 569-char remark

    Show marketing remark (569 chars)

    This 2-bedroom, 1-bath brick home is a great opportunity for investors and first-time home buyers looking for a solid project. A versatile bonus room provides the option for a third bedroom, home office, or hobby space—adding instant value and flexibility. The property includes a one-car garage, a large lot, and a storage shed, offering plenty of room for improvements or future expansion. Washer, dryer, and oven convey, making this an even better deal. With a functional layout and tons of potential, this home is ready for renovation and a fresh new chapter.

20. 2026-02-12
    status Active 569-char remark

    Show marketing remark (569 chars)

    This 2-bedroom, 1-bath brick home is a great opportunity for investors and first-time home buyers looking for a solid project. A versatile bonus room provides the option for a third bedroom, home office, or hobby space—adding instant value and flexibility. The property includes a one-car garage, a large lot, and a storage shed, offering plenty of room for improvements or future expansion. Washer, dryer, and oven convey, making this an even better deal. With a functional layout and tons of potential, this home is ready for renovation and a fresh new chapter.

21. 2026-02-08
    status Pending 569-char remark

    Show marketing remark (569 chars)

    This 2-bedroom, 1-bath brick home is a great opportunity for investors and first-time home buyers looking for a solid project. A versatile bonus room provides the option for a third bedroom, home office, or hobby space—adding instant value and flexibility. The property includes a one-car garage, a large lot, and a storage shed, offering plenty of room for improvements or future expansion. Washer, dryer, and oven convey, making this an even better deal. With a functional layout and tons of potential, this home is ready for renovation and a fresh new chapter.

22. 2026-02-06
    price $64,900 569-char remark

    Show marketing remark (569 chars)

    This 2-bedroom, 1-bath brick home is a great opportunity for investors and first-time home buyers looking for a solid project. A versatile bonus room provides the option for a third bedroom, home office, or hobby space—adding instant value and flexibility. The property includes a one-car garage, a large lot, and a storage shed, offering plenty of room for improvements or future expansion. Washer, dryer, and oven convey, making this an even better deal. With a functional layout and tons of potential, this home is ready for renovation and a fresh new chapter.

23. 2025-12-08
    listed $69,900 Active 569-char remark

    Show marketing remark (569 chars)

    This 2-bedroom, 1-bath brick home is a great opportunity for investors and first-time home buyers looking for a solid project. A versatile bonus room provides the option for a third bedroom, home office, or hobby space—adding instant value and flexibility. The property includes a one-car garage, a large lot, and a storage shed, offering plenty of room for improvements or future expansion. Washer, dryer, and oven convey, making this an even better deal. With a functional layout and tons of potential, this home is ready for renovation and a fresh new chapter.

24. 2025-08-19
    price $71,900
25. 2022-08-23
    soldstatus
26. 2022-08-18
    soldstatus Closed
27. 2022-08-11
    status Pending
28. 2022-08-08
    listed $42,000 Active
29. 2004-05-27
    soldstatus

ⓘ 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 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥100°F today · 21 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% 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: $12,878
• − Mortgage interest: −$1,961
• − Property taxes: −$525
• − Insurance: −$175
• − Repairs & maintenance: −$1,030
• − Management: −$1,030
• − Depreciation: −$1,018
• Taxable income: $7,139
• Est. tax owed @ 24.0%: −$1,713
• After-tax cash flow: $5,558/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: Ralls ISD
• NCES district ID: 4836390
• Math proficiency: 23% ▼ -6.00%
• Reading proficiency: 26% ▼ -1.00%
• Median HH income: $35,203
• Composite: 20.23/100
• National rank: #8626
• State rank: #728 of 826 in TX

Livability — Ralls

• Score: 65/100
• State rank: #685
• US rank: #12805

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: Ralls, TX
• Population (ZIP): 1,883

Population outlook (Crosby County) Hauer SSP2

• Today (2025): 5,795 people
• By 2030: 5,626 · -2.9%
• By 2040: 5,198 · -10.3%
• By 2050: 4,696 · -19.0%
• By 2075: 3,250 · -43.9%
• By 2100: 2,123 · -63.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority Hispanic (52%)
• Race & ethnicity: Hispanic / Latino 52% White 46% Two or more races 12% Black 2%
• Hispanic origin (detail): Mexican 39%
• Common ancestry: Serbian 4% Romanian 1% Iranian 1%
• Foreign-born: 4% · Canada
• Languages at home: 67% English-only · Spanish 33%

Political lean MEDSL · Crosby

• 2024 margin: Solid R (+51.3) · D 24.0% · R 75.3%
• 2008→2024 swing: -23.3pp toward R · 2008: -28.1pp · 2024: -51.3pp
• All cycles: 2024: R+51.3 2020: R+44.5 2016: R+41.6 2012: R+27.6 2008: R+28.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 2.98%
• Current HPI: 95.4996
• 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

+19.0% since first listed

13 events — show timeline

• 2026-04-28 Relisted — LARMLS
• 2026-03-17 Pending — LARMLS
• 2026-02-14 Price Changed $50,000 LARMLS
• 2026-02-12 Relisted — LARMLS
• 2026-02-08 Pending — LARMLS
• 2026-02-06 Price Changed $64,900 LARMLS
• 2025-12-08 Listed $69,900 LARMLS
• 2025-08-19 Price Changed $71,900 LARMLS
• 2022-08-23 Sold (Public Records) — Public Records
• 2022-08-18 Sold (MLS) — LARMLS
• 2022-08-11 Pending — LARMLS
• 2022-08-08 Listed $42,000 LARMLS
• 2004-05-27 Sold (Public Records) — Public Records

Property tax history

+8.1%/yr

Latest (2025): $1,851 · +24.4% YoY. Source: county tax records.