207 N 5th St · Santa Anna, TX 76878

$54,900

2 bd · 1.0 ba · 924 sqft · SingleFamily public records · 638 Days on market

Built 1920 8,276 sqft lot $59/sqft · 28% above area Est $43k · 28% over ↓ 21% 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Appreciation +4.8/10.0
• Schools +4.0/10.0
• Livability +3.5/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• ARV discount +0.0/15.0

Listing remarks MLS

Discover the potential of 207 N 5th St, a charming corner lot property located in the picturesque town of Santa Anna, Texas. This 924 sq ft home features 2 bedrooms, 1 bathroom, a cozy dining room, and a functional kitchen. With a spacious front and side yard, this property offers plenty of outdoor space for gardening, play, or relaxation. Situated on a corner lot, it presents an excellent investment opportunity. Whether you're looking to expand your investment portfolio or find a cozy home with potential, 207 N 5th St is a must-see. Don’t miss out on this great opportunity in Santa Anna!

Key facts

• Corner lot property
• Spacious front yard
• 8,276 sq ft lot

Tags

• CORNER LOT PROPERTY
• SPACIOUS FRONT YARD

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $55k.

Deal economics

• At list price, monthly cash flow is $234 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($917 rent vs $55k).
• Recommended offer: $48k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 69/100 on livability (#444 in TX) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: schools D+, health & safety D+, amenities F.
• Santa Anna ISD (rural): math 50% / reading 40% proficiency, ranked #582 of 1,141 in TX (top 51%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 61% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 22 active listings in the ZIP; 5 units permitted in Coleman County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $142 of equity ($380 loan paydown + $-238 appreciation (-0.4% local appreciation)).
• Coleman County population projected at -28% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-0.4% appreciation + 3.0% rent growth), your $15k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 638 days — a 12% lower offer ($48k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 2y ago; this cycle's ask has dropped $15k (21%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: property tax is 3.9% of price; built in 1920 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $48,312 (12.0% below list)

Questions for the listing agent

1. It's been on market 638 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 1920 — 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. 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 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?
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: 1.67% ✓
• Cap rate: 11.40%
• Cash-on-cash: 18.24%
• DSCR: 1.81
• GRM: 5.0

CMA / ARV

• ARV (median comp): $42,871
• List price: $54,900
• Delta: 28.06%
• Verdict: OVERPRICED
• Comps: 6 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
205 N 5th St	0.01mi	2/1.0	1,020 (+10%)	11mo	$39,900	$39	73

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

Projected returns pro-forma

-0.43% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 16.9%
• Equity multiple: 1.80×
• Total profit: $12,246
• Equity at exit: $14,761

10-year hold

• IRR: 22.0%
• Equity multiple: 3.35×
• Total profit: $36,130
• Equity at exit: $16,828

Cash invested: $15,372 (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 76878

• Home prices YoY: -0.4%
• Active inventory: 22
• Price-to-rent: 5.0×

Monthly cashflow live

• Estimated rent: $917 medium
• Mortgage (P&I): −$288
• Tax from tax record: −$180 /mo · $2,159/yr
• Insurance: −$23
• HOA: −$0
• Vacancy / Maint / Mgmt: −$193
• Net cashflow: $234

Break-even live

Break-even rent $621

Max offer price $54,900

Occupancy floor 70%

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: $13,725
• Closing costs: $1,647
• Reserves months: —
• Total cash needed: —

Listing history 20 events

1. 2026-06-18
   days on market $54,900 Active 638 DOM
2. 2026-06-17
   days on market $54,900 Active 637 DOM
3. 2026-06-16
   days on market $54,900 Active 636 DOM
4. 2026-06-15
   days on market $54,900 Active 635 DOM
5. 2026-06-15
   days on market $54,900 Active 634 DOM
6. 2026-06-13
   days on market $54,900 Active 633 DOM
7. 2026-06-12
   days on market $54,900 Active 632 DOM
8. 2026-06-09
   days on market $54,900 Active 629 DOM
9. 2026-06-08
   days on market $54,900 Active 628 DOM
10. 2026-06-08
    days on market $54,900 Active 627 DOM
11. 2026-06-05
    days on market $54,900 Active 625 DOM
12. 2026-06-03
    days on market $54,900 Active 623 DOM
13. 2026-06-02
    days on market $54,900 Active 622 DOM
14. 2026-06-01
    days on market $54,900 Active 621 DOM
15. 2026-05-31
    days on market $54,900 Active 620 DOM
16. 2025-08-21
    price $54,900 601-char remark

    Show marketing remark (601 chars)

    Discover the potential of 207 N 5th St, a charming corner lot property located in the picturesque town of Santa Anna, Texas. This 924 sq ft home features 2 bedrooms, 1 bathroom, a cozy dining room, and a functional kitchen. With a spacious front and side yard, this property offers plenty of outdoor space for gardening, play, or relaxation. Situated on a corner lot, it presents an excellent investment opportunity. Whether you're looking to expand your investment portfolio or find a cozy home with potential, 207 N 5th St is a must-see. Don’t miss out on this great opportunity in Santa Anna!

17. 2025-07-23
    status Active 601-char remark

    Show marketing remark (601 chars)

    Discover the potential of 207 N 5th St, a charming corner lot property located in the picturesque town of Santa Anna, Texas. This 924 sq ft home features 2 bedrooms, 1 bathroom, a cozy dining room, and a functional kitchen. With a spacious front and side yard, this property offers plenty of outdoor space for gardening, play, or relaxation. Situated on a corner lot, it presents an excellent investment opportunity. Whether you're looking to expand your investment portfolio or find a cozy home with potential, 207 N 5th St is a must-see. Don’t miss out on this great opportunity in Santa Anna!

18. 2025-06-01
    historical 601-char remark

    Show marketing remark (601 chars)

    Discover the potential of 207 N 5th St, a charming corner lot property located in the picturesque town of Santa Anna, Texas. This 924 sq ft home features 2 bedrooms, 1 bathroom, a cozy dining room, and a functional kitchen. With a spacious front and side yard, this property offers plenty of outdoor space for gardening, play, or relaxation. Situated on a corner lot, it presents an excellent investment opportunity. Whether you're looking to expand your investment portfolio or find a cozy home with potential, 207 N 5th St is a must-see. Don’t miss out on this great opportunity in Santa Anna!

19. 2024-11-09
    price $64,900 601-char remark

    Show marketing remark (601 chars)

    Discover the potential of 207 N 5th St, a charming corner lot property located in the picturesque town of Santa Anna, Texas. This 924 sq ft home features 2 bedrooms, 1 bathroom, a cozy dining room, and a functional kitchen. With a spacious front and side yard, this property offers plenty of outdoor space for gardening, play, or relaxation. Situated on a corner lot, it presents an excellent investment opportunity. Whether you're looking to expand your investment portfolio or find a cozy home with potential, 207 N 5th St is a must-see. Don’t miss out on this great opportunity in Santa Anna!

20. 2024-07-28
    listed $69,900 Active 601-char remark

    Show marketing remark (601 chars)

    Discover the potential of 207 N 5th St, a charming corner lot property located in the picturesque town of Santa Anna, Texas. This 924 sq ft home features 2 bedrooms, 1 bathroom, a cozy dining room, and a functional kitchen. With a spacious front and side yard, this property offers plenty of outdoor space for gardening, play, or relaxation. Situated on a corner lot, it presents an excellent investment opportunity. Whether you're looking to expand your investment portfolio or find a cozy home with potential, 207 N 5th St is a must-see. Don’t miss out on this great opportunity in Santa Anna!

ⓘ 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: $2,159 · $180/mo
• Projected year-2 tax: $2,159 · $180/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Taxation est. · year 1

• Rental income: $11,002
• − Mortgage interest: −$3,075
• − Property taxes: −$2,159
• − Insurance: −$274
• − Repairs & maintenance: −$880
• − Management: −$880
• − Depreciation: −$1,597
• Taxable income: $2,136
• Est. tax owed @ 24.0%: −$513
• After-tax cash flow: $2,291/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: Santa Anna ISD
• NCES district ID: 4839210
• Math proficiency: 50% ▲ 15.00%
• Reading proficiency: 40% ▬ 0.00%
• Median HH income: $36,211
• Composite: 39.57/100
• National rank: #8068
• State rank: #582 of 1141 in TX

Livability — Santa Anna

• Score: 69/100
• State rank: #444
• US rank: #9065

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Santa Anna, TX
• Population (ZIP): 1,797

Population outlook (Coleman County) Hauer SSP2

• Today (2025): 7,321 people
• By 2030: 6,834 · -6.7%
• By 2040: 5,968 · -18.5%
• By 2050: 5,283 · -27.8%
• By 2075: 4,205 · -42.6%
• By 2100: 3,405 · -53.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (74%)
• Race & ethnicity: White 74% Hispanic / Latino 12% Black 10% Two or more races 5% Asian 2% Native American 1%
• Hispanic origin (detail): Mexican 11%
• Common ancestry: Italian 16% Serbian 6% Slovak 4%
• Foreign-born: 2% · Canada
• Languages at home: 87% English-only · Spanish 12% Chinese 1%

Political lean MEDSL · Coleman

• 2024 margin: Solid R (+79.0) · D 10.3% · R 89.3%
• 2008→2024 swing: -15.1pp toward R · 2008: -64.0pp · 2024: -79.0pp
• All cycles: 2024: R+79.0 2020: R+77.3 2016: R+76.8 2012: R+73.7 2008: R+64.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -0.43%
• Current HPI: 100.1747
• 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

-21.5% since first listed

5 events — show timeline

• 2025-08-21 Price Changed $54,900 NTREIS
• 2025-07-23 Relisted — NTREIS
• 2025-06-01 Listing Removed — NTREIS
• 2024-11-09 Price Changed $64,900 NTREIS
• 2024-07-28 Listed $69,900 NTREIS

Property tax history

+16.0%/yr

Latest (2025): $2,159 · -7.8% YoY. Source: county tax records.