9708 Verite St · Fort Worth, TX 76179

$248,999

3 bd · 2.0 ba · 1,402 sqft · SingleFamily · 4 Days on market

Built 2026 Good condition 4,792 sqft lot Est $269k · 7% under $42/mo HOA · 2% of rent

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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).

• Cash flow +13.1/30.0
• ARV discount +10.9/15.0
• Livability +4.0/5.0
• Condition / age +4.0/5.0
• 1% rule +3.9/10.0
• DSCR +3.9/10.0
• Schools +3.5/10.0
• Rent growth +2.9/5.0
• Appreciation +0.0/10.0

Listing remarks

Introducing the Kitson

Key facts

• 4,792 sq ft lot
• 2 garage spots
• Built 2026

Property features AI

Finance

• Other: Deed restrictions; Subdivision: Northpointe
• Financial info: Listing accepts Cash, Conventional, FHA, and VA financing; No second mortgage indicated
• HOA & community: Mandatory association; Annual association fee (listed) covers full use of facilities, grounds maintenance, and management fees

Exterior

• Parking: Attached 2-car garage with two covered spaces; Garage faces rear; Garage approximately 20' wide x 18' long
• Security: Burglar alarm; Carbon monoxide detector(s); Fire alarm; Prewired for security; Smoke detector(s)
• Utilities: City water; City sewer; Concrete curb and gutter; Sidewalk; 12-inch+ attic insulation and other insulation; Low-flow commode; Rain/freeze sensors; Energy-efficient windows
• Home design: Single family residence; Residential property; One story; New construction (incomplete)
• Construction: Brick and fiber cement exterior; Composition roof; Slab foundation; Year built 2026 (new construction - incomplete)
• Exterior features: Covered porch(es); Wood fencing; Landscaped interior lot; Lot dimensions approximately 40 x 120

Interior

• Kitchen: Dishwasher; Disposal; Electric oven; Gas cooktop; Microwave; Built-in cabinets; Eat-in kitchen; Kitchen island; Natural stone/granite counters; Walk-in pantry; Water line to refrigerator
• Bedrooms: 3 bedrooms (all on first floor); Primary bedroom with dual sinks, linen closet, and walk-in closet
• Flooring: Carpet; Luxury vinyl plank
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (natural gas); Central air conditioning
• Interior features: High-speed internet available; Walk-in closet(s); 7 total rooms; 2 living areas; 1 dining area; One-level layout
• Laundry & utility: Washer/dryer hookup (standard utilities implied)

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $249k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-10 ($-122/yr) — negative.
• To cash-flow at today's rent, offer at most $248k (0.6% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $222k (10.9% below list).
• Recommended offer: $222k (10.9% below list) — sets the bar for 1% rule.
• Cap rate 6.2% vs local median 3.9% in Fort Worth — 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 80/100 on livability (#49 in TX, #1,954 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, cost of living A+, housing A+; Watch: crime F.
• Eagle Mt-Saginaw ISD (urban): math 35% / reading 42% proficiency, ranked #361 of 826 in TX (top 44%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Eagle Mountain El (math 40% / reading 42%, grade F, #1,462 of 4,322 statewide, top 34%, 507 students, 19% FRL); Wayside Middle (math 42% / reading 42%, grade D-, #572 of 1,662 statewide, top 36%, 1,077 students, 39% FRL); Boswell H S (math 49% / reading 62%, grade C, #364 of 1,632 statewide, top 23%, 2,547 students, 37% FRL) — zoned schools at 32% FRL track the district average.
• Market conditions: Rents rising (+1.5%/yr); 1074 active listings in the ZIP; 35 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 18,938 units permitted in Tarrant County in 2024 (8,336 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k 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

• Only 4 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $221,851 (10.9% 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. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. Crime grade is F 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?
6. 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?
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: 0.89% ✗
• Cap rate: 6.24%
• Cash-on-cash: -0.17%
• DSCR: 0.99
• GRM: 9.4

CMA / ARV

• ARV (on-the-fly): $269,184
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3017 Tooley Dr	0.31mi	3/2.0	1,474 (+5%)	2mo	$269,999	$183	75
3009 Tooley Dr	0.38mi	3/2.0	1,474 (+5%)	2mo	$270,999	$184	72
3040 Titan Springs Dr	0.30mi	3/2.0	1,474 (+5%)	6mo	$260,499	$177	72
2909 Tooley Dr	0.40mi	3/2.0	1,474 (+5%)	2mo	$263,999	$179	71
3032 Titan Springs Dr	0.30mi	3/2.0	1,474 (+5%)	8mo	$297,999	$202	71
2913 Tooley Dr	0.40mi	3/2.0	1,474 (+5%)	3mo	$260,999	$177	70
3040 Yellow Pine Ave	0.35mi	3/2.0	1,474 (+5%)	7mo	$263,524	$179	69
8901 Timber Gulch Cir	0.66mi	3/2.0	1,442 (+3%)	1mo	$295,000	$205	64
2921 Tooley Dr	0.40mi	3/2.0	1,260 (-10%)	2mo	$260,199	$207	63
9729 Motley Dr	0.59mi	3/2.0	1,290 (-8%)	0mo	$248,000	$192	59
2821 Evening Side Dr	0.56mi	3/2.0	1,276 (-9%)	1mo	$263,400	$206	58
2908 Titan Springs Dr	0.30mi	3/2.0	1,604 (+14%)	5mo	$468,199	$292	57

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

Projected returns pro-forma

-3.0% appreciation · 1.51% rent growth · sell at horizon

5-year hold

• IRR: -18.3%
• Equity multiple: 0.37×
• Total profit: $-44,213
• Equity at exit: $37,127

10-year hold

• IRR: -13.9%
• Equity multiple: 0.25×
• Total profit: $-52,144
• Equity at exit: $21,529

Cash invested: $69,720 (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 76179

• Rents YoY: 1.5%
• Active inventory: 1074
• Price-to-rent: 9.4×

Monthly cashflow live

• Estimated rent: $2,219 high
• Mortgage (P&I): −$1,306
• Tax est. 1.5%: −$311 /mo · $3,735/yr
• Insurance: −$104
• HOA: −$42
• Vacancy / Maint / Mgmt: −$466
• Net cashflow: $-10

Break-even live

Break-even rent $2,231

Max offer price $247,530

Occupancy floor 95%

Sensitivity live

Price	-10% $162	-5% $76	+0% $-10	+5% $-96	+10% $-182
Rent	-10% $-185	-5% $-98	+0% $-10	+5% $77	+10% $165
Rate	-1.0pp $115	-0.5pp $53	base $-10	+0.5pp $-75	+1.0pp $-140

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: $62,250
• Closing costs: $7,470
• Reserves months: —
• Total cash needed: —

Rent comps 35 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3012 Tooley Dr Fort Worth, TX	4.0	2.0	1719	$2,200	$1.28	26d	1	0.32mi
3053 Titan Springs Dr Fort Worth, TX	4.0	2.0	1667	$2,320	$1.39	26d	1	0.38mi
9709 Trusler Rd Fort Worth, TX	3.0	2.0	1440	$2,250	$1.56	26d	1	0.43mi
9833 Trusler Rd Fort Worth, TX	3.0	2.0	1450	$2,050	$1.41	0d	1	0.55mi
9832 Trusler Rd Fort Worth, TX	3.0	2.0	1266	$1,875	$1.48	26d	1	0.57mi
2916 Tibbles Dr Fort Worth, TX	3.0	2.0	1440	$1,899	$1.32	26d	1	0.58mi
8925 Old Rawhide Ln Fort Worth, TX	4.0	2.0	1809	$2,295	$1.27	14d	1	0.64mi
8916 Old Rawhide Ln Fort Worth, TX	4.0	2.0	1776	$2,250	$1.27	26d	1	0.67mi
2800 Slatewood Dr Fort Worth, TX	3.0	2.0	1450	$2,045	$1.41	0d	1	0.68mi
2800 Slatewood Dr Fort Worth, TX	3.0	2.0	1450	$2,045	$1.41	3d	1	0.68mi
8901 Timber Gulch Dr Fort Worth, TX	3.0	2.0	1442	$2,195	$1.52	14d	1	0.68mi
9021 Eagles Landing Dr Fort Worth, TX	4.0	2.0	1850	$2,295	$1.24	22d	1	0.74mi
6212 Flour Mill Run Fort Worth, TX	4.0	2.0	1820	$2,500	$1.37	26d	1	0.79mi
2629 Turtle Dove Dr Fort Worth, TX	3.0	2.0	1534	$2,075	$1.35	8d	1	0.80mi
10212 Regal Bend Ln Saginaw, TX	4.0	2.0	1867	$2,395	$1.28	19d	1	0.82mi
9108 Lookout Pt Fort Worth, TX	3.0	2.0	1711	$2,100	$1.23	9d	1	0.96mi
2521 Bunkerton Dr Fort Worth, TX	4.0	2.0	1674	$2,450	$1.46	26d	1	0.97mi
8928 Puerto Vista Dr Fort Worth, TX	3.0	2.0	1631	$2,050	$1.26	26d	1	1.00mi
2500 Bunkerton Dr Fort Worth, TX	4.0	2.0	1674	$1,909	$1.14	26d	1	1.02mi
5864 Mount Plymouth Pt Fort Worth, TX	3.0	2.0	1635	$2,100	$1.28	26d	1	1.08mi
5729 Mirror Ridge Dr Fort Worth, TX	3.0	2.0	1276	$1,950	$1.53	20d	1	1.09mi
10217 Greenland Park Dr Unit 817 Fort Worth, TX	2.0	1.0	934	$1,466	$1.57	7d	1	1.10mi
6312 Spring Buck Run Unit Na Fort Worth, TX	4.0	2.0	1819	$2,195	$1.21	19d	1	1.12mi
5817 Deck House Rd Fort Worth, TX	3.0	2.0	1327	$1,900	$1.43	26d	1	1.19mi
5837 Fantail Dr Fort Worth, TX	3.0	2.0	1635	$1,925	$1.18	23d	1	1.20mi
5837 Fantail Dr Fort Worth, TX	3.0	2.0	1635	$1,925	$1.18	0d	1	1.20mi
8225 Spotted Doe Dr Fort Worth, TX	4.0	2.0	1777	$2,250	$1.27	26d	1	1.21mi
2501 Cibolo Hills Pkwy Fort Worth, TX	1.0–2.0	1.0–2.0	905	$1,995	$2.20	3d	22	1.23mi
6261 Bush Buck Run Fort Worth, TX	4.0	2.0	1597	$1,995	$1.25	26d	1	1.31mi
10617 Kono Trl Fort Worth, TX	4.0	2.0	1800	$2,500	$1.39	26d	1	1.34mi
6220 Jackstaff Dr Fort Worth, TX	3.0	2.0	1700	$1,999	$1.18	3d	1	1.40mi
8301 Boat Club Rd Fort Worth, TX	1.0–2.0	1.0–2.0	764	$1,580	$2.07	0d	23	1.44mi
9600 Sullivan Ln Fort Worth, TX	3.0	2.0	1782	$2,500	$1.40	26d	1	1.46mi
3025 Tooley Dr Fort Worth, TX	4.0	2.0	1667	$2,320	$1.39	26d	1	1.47mi
9532 Thorncrown Ln Fort Worth, TX	3.0	2.5	1856	$2,100	$1.13	20d	1	1.49mi

HOA detail

• Monthly dues: $42 · $504/yr

Listing history 3 events

1. 2026-06-01
   status $248,999 Pending 4 DOM
2. 2026-05-31
   days on market $248,999 Active 4 DOM
3. 2026-05-27
   listed $248,999 Active

ⓘ 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 FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 7/10 Severe 7 d/yr ≥109°F today · 21 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $26,622
• − Mortgage interest: −$13,948
• − Property taxes: −$3,735
• − Insurance: −$1,245
• − Repairs & maintenance: −$2,130
• − Management: −$2,130
• − HOA: −$504
• − Depreciation: −$7,244
• Taxable loss: −$4,313
• Est. tax savings @ 24.0%: +$1,035
• After-tax cash flow: $913/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.

Condition & rehab AI · 1 photo

Good 80/100 Cosmetic rehab

This single-family home is in good condition with a good exterior, interior, and landscaping. It is ready for minor cosmetic updates to enhance its curb appeal and value.

Value-add opportunities

• Both Painting the exterior — Fresh paint can enhance curb appeal and property value.
• Both Landscaping improvements — Enhanced landscaping can improve curb appeal and attract potential buyers/tenants.
• Both Interior touch-ups — Fresh paint and minor touch-ups can improve the home's appearance and appeal to buyers/tenants.
• Rental HVAC maintenance — A clean and efficient HVAC system is crucial for rental properties and can attract tenants.
• Resale Kitchen and bathroom updates — Updating these areas can significantly increase the home's resale value by modernizing the space.

Renovation cost estimate screening

Value-add ROI direction

• Both Painting the exterior — Fresh paint can enhance curb appeal and property value. ↑
• Both Landscaping improvements — Enhanced landscaping can improve curb appeal and attract potential buyers/tenants. ↑
• Both Interior touch-ups — Fresh paint and minor touch-ups can improve the home's appearance and appeal to buyers/tenants. ↑
• Rental HVAC maintenance — A clean and efficient HVAC system is crucial for rental properties and can attract tenants. ↑
• Resale Kitchen and bathroom updates — Updating these areas can significantly increase the home's resale value by modernizing the space. ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Eagle Mt-Saginaw ISD
• NCES district ID: 4817700
• Math proficiency: 35% ▼ -16.00%
• Reading proficiency: 42% ▼ -9.00%
• Median HH income: $72,781
• Composite: 35.41/100
• National rank: #4945
• State rank: #361 of 826 in TX

Livability — Fort Worth

• Score: 80/100
• State rank: #49
• US rank: #1954

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Fort Worth, TX
• County: Tarrant County · 2,033,669 people
• City population: 911,619
• Metro: Dallas-Fort Worth-Arlington, TX
• Population (ZIP): 80,090
• Household income: $107,428
• Rent vs Own: 20.9% rent · 79.1% own
• Severe rent burden: 1494.0

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: Diverse neighborhood (Simpson 0.63)
• Race & ethnicity: White 53% Hispanic / Latino 28% Two or more races 14% Black 12% Asian 4%
• Hispanic origin (detail): Mexican 22% Puerto Rican 2%
• Common ancestry: Slovak 2% Lithuanian 2% Italian 1%
• Foreign-born: 8% · Canada, Jamaica
• Languages at home: 81% English-only · Spanish 15% Other Asian/Pacific 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: ▼ -137.12%
• Current HPI: 237.6676
• Rent YoY: ▲ 1.51%
• 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
▸Energy	16	$1,198B
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

1 event — show timeline

• 2026-05-27 Listed $248,999 NTREIS