801 Shermell St · Lufkin, TX 75901

$150,000

3 bd · 1.0 ba · 2,116 sqft · SingleFamily public records · 101 Days on market

Built 1950 10,497 sqft lot $71/sqft · 30% below area Est $213k · 30% under ↓ 6% since listing

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Why this score? — see what drove the C- 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 +16.7/30.0
• ARV discount +15.0/15.0
• DSCR +5.2/10.0
• 1% rule +4.6/10.0
• Livability +3.6/5.0
• 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

Freshly painted and full of potential, this spacious in-town property sits on a corner lot and offers approximately 2,116 square feet with flexible living options, including the possibility of converting it into a duplex. The home features two updated bathrooms, including one with a tiled shower, plus one bedroom located upstairs. You’ll find a blend of original hardwood flooring along with durable vinyl plank flooring throughout, adding both character and low-maintenance appeal. With two utility rooms, a storage building, and two double carports, there is plenty of space for storage, parking, and everyday convenience. With generous square footage, updates already in place, and excellent versatility, this corner-lot property is a great opportunity for homeowners or investors alike. Washer, dryer & fridge will convey with property.

Key facts

• Updated bathrooms
• Corner lot
• Vinyl plank flooring

Tags

• CORNER LOT
• UPDATED BATHROOMS
• TILED SHOWER
• ORIGINAL HARDWOOD FLOORING
• VINYL PLANK FLOORING
• UTILITY ROOMS

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $150k.

Deal economics

• At list price, monthly cash flow is $92 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $144k (4.3% below list).
• Recommended offer: $136k (9.0% below list) — sets the bar for market timing.
• Cap rate 7.0% vs local median 3.6% in Lufkin — 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 72/100 on livability (#240 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: schools C-, crime F, commute F.
• Lufkin ISD (town): math 39% / reading 39% proficiency, ranked #446 of 826 in TX (top 54%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 68% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 297 active listings in the ZIP; 120 units permitted in Angelina County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 101 days — a 9% lower offer ($136k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts; this cycle's ask has dropped $10k (6%) 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: severe wind risk, 80% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→26/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $136,500 (9.0% below list)

Questions for the listing agent

1. It's been on market 101 days. Have you received any prior offers? Is the seller open to a 9% 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. 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. 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: 0.96% ✗
• Cap rate: 7.03%
• Cash-on-cash: 2.64%
• DSCR: 1.12
• GRM: 8.7

CMA / ARV

• ARV (median comp): $212,884
• List price: $150,000
• Delta: -29.54%
• Verdict: UNDERPRICED
• Comps: 8 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2123 Paul Ave	0.33mi	3/2.0	1,822 (-14%)	13mo	$370,000	$203	47

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -12.1%
• Equity multiple: 0.56×
• Total profit: $-18,393
• Equity at exit: $22,365

10-year hold

• IRR: -3.0%
• Equity multiple: 0.80×
• Total profit: $-8,333
• Equity at exit: $12,969

Cash invested: $42,000 (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 75901

• Home prices YoY: -16.9%
• Active inventory: 297
• Price-to-rent: 8.7×

Monthly cashflow live

• Estimated rent: $1,436 medium
• Mortgage (P&I): −$787
• Tax from tax record: −$193 /mo · $2,313/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$302
• Net cashflow: $92

Break-even live

Break-even rent $1,319

Max offer price $150,000

Occupancy floor 89%

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: $37,500
• Closing costs: $4,500
• Reserves months: —
• Total cash needed: —

Listing history 26 events

1. 2026-06-19
   days on market $150,000 Active 101 DOM
2. 2026-06-18
   days on market $150,000 Active 100 DOM
3. 2026-06-17
   days on market $150,000 Active 99 DOM
4. 2026-06-16
   days on market $150,000 Active 98 DOM
5. 2026-06-15
   days on market $150,000 Active 97 DOM
6. 2026-06-14
   days on market $150,000 Active 95 DOM
7. 2026-06-13
   days on market $150,000 Active 94 DOM
8. 2026-06-10
   days on market $150,000 Active 92 DOM
9. 2026-06-09
   days on market $150,000 Active 91 DOM
10. 2026-06-08
    days on market $150,000 Active 90 DOM
11. 2026-06-07
    days on market $150,000 Active 89 DOM
12. 2026-06-03
    days on market $150,000 Active 85 DOM
13. 2026-06-02
    days on market $150,000 Active 84 DOM
14. 2026-06-01
    days on market $150,000 Active 83 DOM
15. 2026-05-31
    days on market $150,000 Active 82 DOM
16. 2026-05-30
    days on market $150,000 Active 81 DOM
17. 2026-05-14
    price $150,000 852-char remark

    Show marketing remark (848 chars)

    Freshly painted and full of potential, this spacious in-town property sits on a corner lot and offers approximately 2,116 square feet with flexible living options, including the possibility of converting it into a duplex. The home features two updated bathrooms, including one with a tiled shower, plus one bedroom located upstairs. You'll find a blend of original hardwood flooring along with durable vinyl plank flooring throughout, adding both character and low-maintenance appeal. With two utility rooms, a storage building, and two double carports, there is plenty of space for storage, parking, and everyday convenience. With generous square footage, updates already in place, and excellent versatility, this corner-lot property is a great opportunity for homeowners or investors alike. Washer, dryer & fridge will convey with property.

18. 2026-05-14
    price $150,000 848-char remark

    Show marketing remark (848 chars)

    Freshly painted and full of potential, this spacious in-town property sits on a corner lot and offers approximately 2,116 square feet with flexible living options, including the possibility of converting it into a duplex. The home features two updated bathrooms, including one with a tiled shower, plus one bedroom located upstairs. You'll find a blend of original hardwood flooring along with durable vinyl plank flooring throughout, adding both character and low-maintenance appeal. With two utility rooms, a storage building, and two double carports, there is plenty of space for storage, parking, and everyday convenience. With generous square footage, updates already in place, and excellent versatility, this corner-lot property is a great opportunity for homeowners or investors alike. Washer, dryer & fridge will convey with property.

19. 2026-05-14
    price $150,000

    Show marketing remark (848 chars)

    Freshly painted and full of potential, this spacious in-town property sits on a corner lot and offers approximately 2,116 square feet with flexible living options, including the possibility of converting it into a duplex. The home features two updated bathrooms, including one with a tiled shower, plus one bedroom located upstairs. You'll find a blend of original hardwood flooring along with durable vinyl plank flooring throughout, adding both character and low-maintenance appeal. With two utility rooms, a storage building, and two double carports, there is plenty of space for storage, parking, and everyday convenience. With generous square footage, updates already in place, and excellent versatility, this corner-lot property is a great opportunity for homeowners or investors alike. Washer, dryer & fridge will convey with property.

20. 2026-03-10
    listed $160,000 Active

    Show marketing remark (852 chars)

    Freshly painted and full of potential, this spacious in-town property sits on a corner lot and offers approximately 2,116 square feet with flexible living options, including the possibility of converting it into a duplex. The home features two updated bathrooms, including one with a tiled shower, plus one bedroom located upstairs. You’ll find a blend of original hardwood flooring along with durable vinyl plank flooring throughout, adding both character and low-maintenance appeal. With two utility rooms, a storage building, and two double carports, there is plenty of space for storage, parking, and everyday convenience. With generous square footage, updates already in place, and excellent versatility, this corner-lot property is a great opportunity for homeowners or investors alike. Washer, dryer & fridge will convey with property.

21. 2026-03-10
    listed $160,000 Active 848-char remark

    Show marketing remark (852 chars)

    Freshly painted and full of potential, this spacious in-town property sits on a corner lot and offers approximately 2,116 square feet with flexible living options, including the possibility of converting it into a duplex. The home features two updated bathrooms, including one with a tiled shower, plus one bedroom located upstairs. You’ll find a blend of original hardwood flooring along with durable vinyl plank flooring throughout, adding both character and low-maintenance appeal. With two utility rooms, a storage building, and two double carports, there is plenty of space for storage, parking, and everyday convenience. With generous square footage, updates already in place, and excellent versatility, this corner-lot property is a great opportunity for homeowners or investors alike. Washer, dryer & fridge will convey with property.

22. 2026-03-10
    listed $160,000 Active 852-char remark

    Show marketing remark (852 chars)

    Freshly painted and full of potential, this spacious in-town property sits on a corner lot and offers approximately 2,116 square feet with flexible living options, including the possibility of converting it into a duplex. The home features two updated bathrooms, including one with a tiled shower, plus one bedroom located upstairs. You’ll find a blend of original hardwood flooring along with durable vinyl plank flooring throughout, adding both character and low-maintenance appeal. With two utility rooms, a storage building, and two double carports, there is plenty of space for storage, parking, and everyday convenience. With generous square footage, updates already in place, and excellent versatility, this corner-lot property is a great opportunity for homeowners or investors alike. Washer, dryer & fridge will convey with property.

23. 2020-09-11
    soldstatus
24. 2018-12-03
    soldstatus
25. 2015-06-16
    soldstatus
26. 1991-08-12
    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: $2,313 · $193/mo
• Projected year-2 tax: $2,745 · $229/mo
• Expected delta: +$432/yr (+$36/mo · 18.7%)

ⓘ 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 5/10 Major
• 🌡 Heat 8/10 Severe 7 d/yr ≥110°F today · 26 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 80% 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: $17,230
• − Mortgage interest: −$8,402
• − Property taxes: −$2,313
• − Insurance: −$750
• − Repairs & maintenance: −$1,378
• − Management: −$1,378
• − Depreciation: −$4,364
• Taxable loss: −$1,356
• Est. tax savings @ 24.0%: +$325
• After-tax cash flow: $1,435/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: Lufkin ISD
• NCES district ID: 4828550
• Math proficiency: 39% ▼ -9.00%
• Reading proficiency: 39% ▬ 0.00%
• Median HH income: $41,009
• Composite: 32.81/100
• National rank: #5625
• State rank: #446 of 826 in TX

Livability — Lufkin

• Score: 72/100
• State rank: #240
• US rank: #5792

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Lufkin, TX
• County: Angelina County · 62,696 people
• City population: 62,696
• Metro: Lufkin, TX
• Population (ZIP): 28,234
• Household income: $62,966
• Rent vs Own: 36.5% rent · 63.5% own
• Severe rent burden: 930.0

Population outlook (Angelina County) Hauer SSP2

• Today (2025): 90,174 people
• By 2030: 90,697 · +0.6%
• By 2040: 91,291 · +1.2%
• By 2050: 91,168 · +1.1%
• By 2075: 88,961 · -1.3%
• By 2100: 80,590 · -10.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.64)
• Race & ethnicity: White 48% Hispanic / Latino 33% Two or more races 21% Black 12% Asian 2%
• Hispanic origin (detail): Mexican 28%
• Common ancestry: Lithuanian 2% Slovak 2% Italian 1%
• Foreign-born: 14% · Canada
• Languages at home: 72% English-only · Spanish 25% Chinese 1% Vietnamese 0%

Political lean MEDSL · Angelina

• 2024 margin: Solid R (+52.0) · D 23.7% · R 75.7%
• 2008→2024 swing: -17.0pp toward R · 2008: -35.0pp · 2024: -52.0pp
• All cycles: 2024: R+52.0 2020: R+46.1 2016: R+47.3 2012: R+43.9 2008: R+35.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -47.13%
• Current HPI: 232.6282
• Rent YoY: —
• Metro: Lufkin, 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

-6.2% since first listed

10 events — show timeline

• 2026-05-14 Price Changed $150,000 HARMLS
• 2026-05-14 Price Changed $150,000 Deep East Texas MLS
• 2026-05-14 Price Changed $150,000 Deep East Texas MLS
• 2026-03-10 Listed $160,000 Deep East Texas MLS
• 2026-03-10 Listed $160,000 Deep East Texas MLS
• 2026-03-10 Listed $160,000 HARMLS
• 2020-09-11 Sold (Public Records) — Public Records
• 2018-12-03 Sold (Public Records) — Public Records
• 2015-06-16 Sold (Public Records) — Public Records
• 1991-08-12 Sold (Public Records) — Public Records

Property tax history

+4.2%/yr

Latest (2025): $2,313 · +3.7% YoY. Source: county tax records.