1908 NW Bell Ave · Lawton, OK 73507

$112,000

3 bd · 2.0 ba · 1,231 sqft · SingleFamily public records · 116 Days on market

Built 1948 7,700 sqft lot Est $111k · at est.

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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 +24.7/30.0
• DSCR +8.0/10.0
• ARV discount +7.0/15.0
• 1% rule +5.7/10.0
• Livability +3.2/5.0
• Rent growth +2.6/5.0
• Condition / age +2.5/5.0
• Schools +2.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Looking for a charming home that offers both comfort and convenience? Look no further than this lovely property located at 1908 NW Bell in Lawton, Oklahoma. This home features a spacious living area, three bedrooms, and 1 3/4 bathrooms, making it the perfect choice for families of all sizes. One of the highlights of this property is its location. Situated right next to a wonderful park, this home offers easy access to outdoor recreation and relaxation. Whether you enjoy walking, jogging, biking, or simply enjoying a picnic with family and friends, you'll love having the park just steps away from your front door. Inside, the home is equally as impressive. The living area is bright and airy, with plenty of natural light flooding in through the nice windows, double pane, double hung. The kitchen is fully equipped with stove, refrigerator. The bedrooms are all generously sized, with plenty of closet space and natural light. Other features of this home include a two-car carport, a laundry room, and a private backyard that's perfect for outdoor entertaining. With everything this property has to offer, it won't be on the market for long. Nice storage unit with fenced in yard. Don't miss your chance to make it your own as for your personal residence, or an investment as a great rental property. Call the listing agent at 580-512-0591, Brenda Spencer-Ragland.

Key facts

• Next to the park
• Bonus space
• Adjacent green space

Tags

• NEXT TO THE PARK
• BONUS SPACE
• ADJACENT GREEN SPACE

Property features AI

Finance

• Financial info: $903 annual tax (provided)

Exterior

• Parking: 1 total parking space; 1 covered space; 1-car carport; Converted/no garage
• Security: Smoke detector(s)
• Utilities: Public water; Public sewer; Natural gas available; Electric service
• Home design: Single-family residence; Updated/Remodeled; One story; Brick veneer exterior
• Construction: Composition roof; Brick veneer construction; Crawl space foundation; Built/updated (year not provided)
• Exterior features: Chain link fence; Shed(s); Public maintained road; City street frontage; Lot dimensions approximately 55 x 140

Interior

• Kitchen: Cooktop; Dishwasher; Refrigerator
• Bedrooms: One-level home
• Flooring: Ceramic tile; Vinyl; Carpet; Laminate
• Bathrooms: 1 full bathroom; 1 three-quarter bathroom
• Heating & cooling: Central heating (natural gas); Central air; Ceiling fan(s); Electric cooling
• Interior features: Window coverings; Smoke detector(s)
• Laundry & utility: Washer hookup; Laundry in bathroom; Gas water heater

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $112k.

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 ($1k rent vs $112k).
• Recommended offer: $102k (9.0% below list) — sets the bar for market timing.
• Cap rate 8.8% vs local median 6.1% in Lawton — 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 63/100 on livability (#206 in OK) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: employment D, crime F, commute F.
• Lawton (urban): math 20% / reading 26% proficiency, ranked #137 of 270 in OK (top 51%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Whittier Es (math 22% / reading 17%, grade F, #479 of 845 statewide, top 63%, 351 students, 0% FRL); Central Ms (math 17% / reading 24%, grade F, #153 of 345 statewide, top 45%, 994 students, 0% FRL); Lawton Hs (math 16% / reading 21%, grade F, #302 of 447 statewide, top 68%, 1,417 students, 0% FRL) — zoned schools average 0% FRL vs 54% district-wide (54 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: Rents flat; 208 active listings in the ZIP; 133 units permitted in Comanche County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $774 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Comanche County population projected to shrink 3% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• It's been on market 116 days — a 9% lower offer ($102k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 3y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $93k; 20% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1948 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $101,920 (9.0% below list)

Questions for the listing agent

1. It's been on market 116 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 1948 — 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 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?
6. 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?
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: 1.07% ✓
• Cap rate: 8.80%
• Cash-on-cash: 8.94%
• DSCR: 1.40
• GRM: 7.8

CMA / ARV

• ARV (on-the-fly): $110,790
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1416 NW Bell Ave	0.37mi	3/2.0	1,200 (-2%)	3mo	$119,900	$100	76
1703 NW Euclid Ave	0.31mi	3/2.0	1,300 (+6%)	2mo	$42,000	$32	74
1410 NW Columbia Ave	0.41mi	3/2.0	1,200 (-2%)	5mo	$108,000	$90	73
1742 NW Ash Ave	0.36mi	3/1.0	1,200 (-2%)	6mo	$100,000	$83	70
1702 NW Euclid Ave	0.29mi	3/1.5	1,300 (+6%)	7mo	$42,000	$32	69
1703 NW Lake Ave	0.20mi	3/2.0	1,100 (-11%)	6mo	$135,000	$123	68
1722 NW Liberty Ave	0.55mi	3/3.0	1,200 (-2%)	3mo	$135,000	$113	63
1605 NW Columbia Ave	0.26mi	2/1.0 (-1)	1,100 (-11%)	1mo	$73,800	$67	60
732 NW 16th St	0.56mi	2/1.0 (-1)	1,200 (-2%)	3mo	$99,000	$83	59
1505 NW Lake Ave	0.34mi	3/2.0	1,400 (+14%)	4mo	$61,001	$44	58
1315 NW Ash Ave	0.59mi	3/2.0	1,400 (+14%)	1mo	$150,000	$107	49
1710 NW Kinyon Ave	0.68mi	3/2.0	1,400 (+14%)	0mo	$130,000	$93	45

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 · 0.25% rent growth · sell at horizon

5-year hold

• IRR: -5.7%
• Equity multiple: 0.79×
• Total profit: $-6,506
• Equity at exit: $16,700

10-year hold

• IRR: 0.5%
• Equity multiple: 1.03×
• Total profit: $923
• Equity at exit: $9,684

Cash invested: $31,360 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 83 Strongly Landlord-Friendly
• State Oklahoma: 83 Strongly Landlord-Friendly · R+20
• County: — inherits STATE
• City: — inherits STATE

5-day notice; strongly landlord-favorable.

Methodology + full state rankings →

ZIP-level market 73507

• Home prices YoY: -23.2%
• Rents YoY: 0.2%
• Active inventory: 208
• Price-to-rent: 7.8×

Monthly cashflow live

• Estimated rent: $1,194 medium
• Mortgage (P&I): −$587
• Tax from tax record: −$75 /mo · $903/yr
• Insurance: −$47
• HOA: −$0
• Vacancy / Maint / Mgmt: −$251
• Net cashflow: $234

Break-even live

Break-even rent $898

Max offer price $112,000

Occupancy floor 75%

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: $28,000
• Closing costs: $3,360
• Reserves months: —
• Total cash needed: —

Listing history 23 events

1. 2026-06-19
   days on market $112,000 Active 116 DOM
2. 2026-06-18
   days on market $112,000 Active 115 DOM
3. 2026-06-17
   days on market $112,000 Active 114 DOM
4. 2026-06-16
   days on market $112,000 Active 113 DOM
5. 2026-06-15
   days on market $112,000 Active 112 DOM
6. 2026-06-14
   days on market $112,000 Active 110 DOM
7. 2026-06-13
   days on market $112,000 Active 109 DOM
8. 2026-06-10
   days on market $112,000 Active 107 DOM
9. 2026-06-09
   days on market $112,000 Active 106 DOM
10. 2026-06-08
    days on market $112,000 Active 105 DOM
11. 2026-06-07
    days on market $112,000 Active 104 DOM
12. 2026-06-05
    days on market $112,000 Active 101 DOM
13. 2026-06-03
    days on market $112,000 Active 100 DOM
14. 2026-06-02
    days on market $112,000 Active 99 DOM
15. 2026-06-01
    days on market $112,000 Active 98 DOM
16. 2026-05-31
    days on market $112,000 Active 97 DOM
17. 2026-05-30
    days on market $112,000 Active 96 DOM
18. 2026-03-19
    price $112,000
19. 2026-02-23
    listed $115,000 Active
20. 2023-05-11
    soldstatus $93,000
21. 2023-05-10
    soldstatus $93,000 1371-char remark

    Show marketing remark (1371 chars)

    Looking for a charming home that offers both comfort and convenience? Look no further than this lovely property located at 1908 NW Bell in Lawton, Oklahoma. This home features a spacious living area, three bedrooms, and 1 3/4 bathrooms, making it the perfect choice for families of all sizes. One of the highlights of this property is its location. Situated right next to a wonderful park, this home offers easy access to outdoor recreation and relaxation. Whether you enjoy walking, jogging, biking, or simply enjoying a picnic with family and friends, you'll love having the park just steps away from your front door. Inside, the home is equally as impressive. The living area is bright and airy, with plenty of natural light flooding in through the nice windows, double pane, double hung. The kitchen is fully equipped with stove, refrigerator. The bedrooms are all generously sized, with plenty of closet space and natural light. Other features of this home include a two-car carport, a laundry room, and a private backyard that's perfect for outdoor entertaining. With everything this property has to offer, it won't be on the market for long. Nice storage unit with fenced in yard. Don't miss your chance to make it your own as for your personal residence, or an investment as a great rental property. Call the listing agent at 580-512-0591, Brenda Spencer-Ragland.

22. 2023-03-21
    listed $99,750 1371-char remark

    Show marketing remark (1371 chars)

    Looking for a charming home that offers both comfort and convenience? Look no further than this lovely property located at 1908 NW Bell in Lawton, Oklahoma. This home features a spacious living area, three bedrooms, and 1 3/4 bathrooms, making it the perfect choice for families of all sizes. One of the highlights of this property is its location. Situated right next to a wonderful park, this home offers easy access to outdoor recreation and relaxation. Whether you enjoy walking, jogging, biking, or simply enjoying a picnic with family and friends, you'll love having the park just steps away from your front door. Inside, the home is equally as impressive. The living area is bright and airy, with plenty of natural light flooding in through the nice windows, double pane, double hung. The kitchen is fully equipped with stove, refrigerator. The bedrooms are all generously sized, with plenty of closet space and natural light. Other features of this home include a two-car carport, a laundry room, and a private backyard that's perfect for outdoor entertaining. With everything this property has to offer, it won't be on the market for long. Nice storage unit with fenced in yard. Don't miss your chance to make it your own as for your personal residence, or an investment as a great rental property. Call the listing agent at 580-512-0591, Brenda Spencer-Ragland.

23. 2004-06-30
    soldstatus $56,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast OK · Resets to sale price

• Current annual tax: $903 · $75/mo
• Projected year-2 tax: $1,008 · $84/mo
• Expected delta: +$105/yr (+$9/mo · 11.6%)

ⓘ 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 7/10 Severe 7 d/yr ≥108°F today · 19 d/yr by 30 yrs out
• 💨 Wind 3/10 Moderate 5% 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: $14,322
• − Mortgage interest: −$6,274
• − Property taxes: −$903
• − Insurance: −$560
• − Repairs & maintenance: −$1,146
• − Management: −$1,146
• − Depreciation: −$3,258
• Taxable income: $1,036
• Est. tax owed @ 24.0%: −$249
• After-tax cash flow: $2,555/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: Lawton
• NCES district ID: 4017250
• Math proficiency: 20% ▼ -12.00%
• Reading proficiency: 26% ▼ -9.00%
• Median HH income: $42,618
• Composite: 19.68/100
• National rank: #8732
• State rank: #137 of 270 in OK

Livability — Lawton

• Score: 63/100
• State rank: #206
• US rank: #15131

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Lawton, OK
• County: Comanche County · 96,361 people
• City population: 89,233
• Metro: Lawton, OK
• Population (ZIP): 21,046
• Household income: $62,132
• Rent vs Own: 42.1% rent · 57.9% own
• Severe rent burden: 979.0

Population outlook (Comanche County) Hauer SSP2

• Today (2025): 124,518 people
• By 2030: 124,231 · -0.2%
• By 2040: 122,193 · -1.9%
• By 2050: 120,368 · -3.3%
• By 2075: 120,492 · -3.2%
• By 2100: 123,113 · -1.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.65)
• Race & ethnicity: White 56% Hispanic / Latino 14% Two or more races 13% Black 13% Native American 7% Asian 2%
• Hispanic origin (detail): Mexican 7% Puerto Rican 4%
• Common ancestry: Lithuanian 2% Slovak 2% Italian 1%
• Foreign-born: 5% · Canada, South Korea
• Languages at home: 89% English-only · Spanish 6% German/W. Germanic 1% Other Asian/Pacific 1%

Political lean MEDSL · Comanche

• 2024 margin: Strong R (+23.3) · D 37.4% · R 60.7% · Other 1.9%
• 2008→2024 swing: -5.8pp toward R · 2008: -17.5pp · 2024: -23.3pp
• All cycles: 2024: R+23.3 2020: R+20.1 2016: R+23.7 2012: R+17.0 2008: R+17.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -38.48%
• Current HPI: 127.057
• Rent YoY: ▲ 0.25%
• Metro: Lawton, OK
• State GDP YoY: ▲ 1.55%
• F500 in state: 6

Industry mix (Fortune 500 HQ in OK)

Industry	F500 HQs	Revenue
▸Energy	3	$48B

Price history

+100.0% since first listed

6 events — show timeline

• 2026-03-19 Price Changed $112,000 LBRMLS
• 2026-02-23 Listed $115,000 LBRMLS
• 2023-05-11 Sold (Public Records) $93,000 Public Records
• 2023-05-10 Sold (MLS) $93,000 LBRMLS
• 2023-03-21 Listed $99,750 LBRMLS
• 2004-06-30 Sold (Public Records) $56,000 Public Records

Property tax history

+1.7%/yr

Latest (2025): $903 · -21.4% YoY. Source: county tax records.