911 N Date St · Plainview, TX 79072

$65,000

2 bd · 1.0 ba · 816 sqft · SingleFamily public records · 149 Days on market

Built 2000 5,025 sqft lot ↓ 18% since listing

---

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 +27.7/30.0
• DSCR +9.8/10.0
• 1% rule +8.6/10.0
• ARV discount +7.5/15.0
• Livability +3.5/5.0
• Schools +3.3/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This cute two bedroom, one bath is the perfect investment property! This could also be a great starter home. There is fresh paint throughout and a front and back deck have been added. It is Move-In Ready! Call today for a private tour.

Key facts

• Freshly painted
• Front and back deck
• 5,025 sq ft lot

Tags

• FRONT AND BACK DECK
• FRESHLY PAINTED

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $65k.

Deal economics

• At list price, monthly cash flow is $197 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($885 rent vs $65k).
• Recommended offer: $57k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 69/100 on livability (#393 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: schools C-, crime C-, health & safety C-.
• Plainview ISD (town): math 41% / reading 37% proficiency, ranked #445 of 826 in TX (top 54%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 69% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 150 active listings in the ZIP; 13 units permitted in Hale County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $449 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Hale County population projected at -27% 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 $18k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 149 days — a 12% lower offer ($57k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $57,200 (12.0% below list)

Questions for the listing agent

1. It's been on market 149 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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.
5. 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.
6. 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: 1.36% ✓
• Cap rate: 9.93%
• Cash-on-cash: 12.99%
• DSCR: 1.58
• GRM: 6.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: 2.9%
• Equity multiple: 1.11×
• Total profit: $2,066
• Equity at exit: $9,692

10-year hold

• IRR: 12.6%
• Equity multiple: 2.00×
• Total profit: $18,148
• Equity at exit: $5,620

Cash invested: $18,200 (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 79072

• Active inventory: 150
• Price-to-rent: 6.1×

Monthly cashflow live

• Estimated rent: $885 medium
• Mortgage (P&I): −$341
• Tax from tax record: −$134 /mo · $1,608/yr
• Insurance: −$27
• HOA: −$0
• Vacancy / Maint / Mgmt: −$186
• Net cashflow: $197

Break-even live

Break-even rent $635

Max offer price $65,000

Occupancy floor 73%

Sensitivity live

Price	-10% $234	-5% $215	+0% $197	+5% $179	+10% $160
Rent	-10% $127	-5% $162	+0% $197	+5% $232	+10% $267
Rate	-1.0pp $230	-0.5pp $214	base $197	+0.5pp $180	+1.0pp $163

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: $16,250
• Closing costs: $1,950
• Reserves months: —
• Total cash needed: —

Listing history 22 events

1. 2026-06-19
   days on market $65,000 Active 149 DOM
2. 2026-06-18
   days on market $65,000 Active 148 DOM
3. 2026-06-17
   days on market $65,000 Active 147 DOM
4. 2026-06-16
   days on market $65,000 Active 146 DOM
5. 2026-06-15
   days on market $65,000 Active 145 DOM
6. 2026-06-14
   days on market $65,000 Active 143 DOM
7. 2026-06-12
   days on market $65,000 Active 142 DOM
8. 2026-06-09
   days on market $65,000 Active 139 DOM
9. 2026-06-08
   days on market $65,000 Active 138 DOM
10. 2026-06-07
    days on market $65,000 Active 137 DOM
11. 2026-06-07
    days on market $65,000 Active 136 DOM
12. 2026-06-03
    days on market $65,000 Active 133 DOM
13. 2026-06-02
    days on market $65,000 Active 132 DOM
14. 2026-06-01
    days on market $65,000 Active 131 DOM
15. 2026-05-31
    days on market $65,000 Active 130 DOM
16. 2026-05-30
    days on market $65,000 Active 129 DOM
17. 2026-04-15
    price $65,000 235-char remark

    Show marketing remark (235 chars)

    This cute two bedroom, one bath is the perfect investment property! This could also be a great starter home. There is fresh paint throughout and a front and back deck have been added. It is Move-In Ready! Call today for a private tour.

18. 2026-03-14
    price $69,500 235-char remark

    Show marketing remark (235 chars)

    This cute two bedroom, one bath is the perfect investment property! This could also be a great starter home. There is fresh paint throughout and a front and back deck have been added. It is Move-In Ready! Call today for a private tour.

19. 2026-01-21
    listed $79,500 Active 235-char remark

    Show marketing remark (235 chars)

    This cute two bedroom, one bath is the perfect investment property! This could also be a great starter home. There is fresh paint throughout and a front and back deck have been added. It is Move-In Ready! Call today for a private tour.

20. 2025-02-18
    soldstatus
21. 2023-06-29
    soldstatus
22. 2005-02-10
    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: $1,608 · $134/mo
• Projected year-2 tax: $1,608 · $134/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 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥99°F today · 22 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $10,618
• − Mortgage interest: −$3,641
• − Property taxes: −$1,608
• − Insurance: −$325
• − Repairs & maintenance: −$849
• − Management: −$849
• − Depreciation: −$1,891
• Taxable income: $1,454
• Est. tax owed @ 24.0%: −$349
• After-tax cash flow: $2,016/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: Plainview ISD
• NCES district ID: 4835070
• Math proficiency: 41% ▼ -3.00%
• Reading proficiency: 37% ▲ 1.00%
• Median HH income: $41,146
• Composite: 32.85/100
• National rank: #5615
• State rank: #445 of 826 in TX

Livability — Plainview

• Score: 69/100
• State rank: #393
• US rank: #8233

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Plainview, TX
• County: Hale County · 25,389 people
• City population: 25,389
• Metro: Plainview, TX
• Population (ZIP): 25,389
• Household income: $47,255
• Rent vs Own: 43.6% rent · 56.4% own
• Severe rent burden: 1015.0

Population outlook (Hale County) Hauer SSP2

• Today (2025): 30,851 people
• By 2030: 29,158 · -5.5%
• By 2040: 25,681 · -16.8%
• By 2050: 22,420 · -27.3%
• By 2075: 15,857 · -48.6%
• By 2100: 10,500 · -66.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority Hispanic (63%)
• Race & ethnicity: Hispanic / Latino 63% White 29% Two or more races 19% Black 4% Native American 2%
• Hispanic origin (detail): Mexican 52%
• Common ancestry: Italian 1% Russian 1% Lithuanian 1%
• Foreign-born: 11% · Canada, Jamaica
• Languages at home: 63% English-only · Spanish 36%

Political lean MEDSL · Hale

• 2024 margin: Solid R (+58.0) · D 20.5% · R 78.5%
• 2008→2024 swing: -13.1pp toward R · 2008: -44.9pp · 2024: -58.0pp
• All cycles: 2024: R+58.0 2020: R+51.1 2016: R+48.4 2012: R+47.8 2008: R+44.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -120.38%
• Current HPI: 127.9276
• Rent YoY: —
• Metro: Plainview, 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

-18.2% since first listed

6 events — show timeline

• 2026-04-15 Price Changed $65,000 PARMLS
• 2026-03-14 Price Changed $69,500 PARMLS
• 2026-01-21 Listed $79,500 PARMLS
• 2025-02-18 Sold (Public Records) — Public Records
• 2023-06-29 Sold (Public Records) — Public Records
• 2005-02-10 Sold (Public Records) — Public Records

Property tax history

+7.3%/yr

Latest (2025): $1,608 · -3.0% YoY. Source: county tax records.