CashFlowRE
Sign in Sign up
2214 Nightgrove Cir
D Composite 42.33
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).

  • ARV discount +15.0/15.0
  • Cash flow +7.7/30.0
  • 1% rule +4.5/10.0
  • Condition / age +4.0/5.0
  • Schools +3.6/10.0
  • Livability +3.4/5.0
  • Rent growth +2.5/5.0
  • DSCR +1.8/10.0
  • Appreciation +0.0/10.0

$219,000

2214 Nightgrove Cir · Crandall, TX 75114
3 bd · 2.0 ba · 1,500 sqft · SingleFamily public records · 38 Days on market
Built 2021 Good condition 5,079 sqft lot $146/sqft · 19% below area Est $266k · 18% under $55/mo HOA · 3% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks

Step into 2214 Nightgrove Cir, where a partial flooring replacement enhances the property's updated feel throughout key areas. This residence presents a straightforward, functional design emphasizing comfort and utility. The exterior provides a fully fenced in backyard, creating an enclosed space for various outdoor pursuits and everyday enjoyment. This property updated comfort and practical outdoor space. Home comes with a 100-Day Home Warranty and a 7-Day Home Test Drive to move in 7 days early for free

Key facts

  • 5,079 sq ft lot
  • 2 garage spots
  • Community pool

Tags

FULLY FENCED IN BACKYARDPRACTICAL OUTDOOR SPACE

Property features AI

Finance

  • Other: Subdivision: Wildcat Ranch Ph 2; County: Kaufman
  • Financial info: Accepts Cash, Conventional, and VA financing
  • HOA & community: Mandatory HOA; HOA covers grounds maintenance; HOA fee $330 semi-annually; HOA managed by Principal Management Group (833-462-3627)

Exterior

  • Parking: Driveway; Attached garage with 2 covered spaces (2-car garage)
  • Security: Security system excluded from sale; Kwikset lock to be replaced at closing
  • Utilities: City water; No municipal utility district
  • Home design: Single-family residence; One story; Built in 2021; Preowned
  • Construction: Wood construction; Slab foundation
  • Exterior features: Back yard with wood fencing; Community clubhouse; Community pool

Interior

  • Kitchen: Dishwasher; Microwave
  • Bedrooms: 3 bedrooms (primary bedroom on level 1)
  • Flooring: Carpet; Laminate
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Central heating; Central electric air conditioning
  • Interior features: Open living area; Other interior features
  • Laundry & utility: Washer/dryer connections (utility information not specified)

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath single-family listed at $219k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $-257 ($-3k/yr) — negative.
  • To cash-flow at today's rent, offer at most $174k (20.7% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $207k (5.4% below list).
  • Recommended offer: $174k (20.7% below list) — sets the bar for cash-flow.

Location & tenants

  • Location reads 68/100 on livability (#507 in TX) — a middle-class / working-renter tenant base. Strengths: employment A+, cost of living A+, housing A+; Watch: crime F, amenities F, commute F.
  • Crandall ISD (rural): math 36% / reading 42% proficiency, ranked #351 of 826 in TX (top 42%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Noble Reed (math 32% / reading 36%, grade F, #2,149 of 4,322 statewide, top 50%, 595 students, 74% FRL); Crandall Middle (math 38% / reading 42%, grade F, #646 of 1,662 statewide, top 40%, 983 students, 60% FRL); Crandall H S (math 33% / reading 53%, grade F, #713 of 1,632 statewide, top 44%, 1,707 students, 56% FRL) — zoned schools average 63% FRL vs 41% district-wide (22 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: 802 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 27d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 1,747 units permitted in Kaufman County in 2024 (180 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.
  • Kaufman County population projected at +43% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 38 days — a 3% lower offer ($212k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts since 3y ago; this cycle's ask has dropped $16k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Watch-outs: property tax is 3.3% of price.
  • Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $173,571 (20.7% 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. It's been on market 38 days. Have you received any prior offers? Is the seller open to a 21% concession, seller financing, or rate buy-down credit?
  3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
  4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
  7. 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?
  8. 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?
  9. 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.
  10. 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.
  11. 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
0.95%
Cap rate
4.88%
Cash-on-cash
-5.03%
DSCR
0.78
GRM
8.8

CMA / ARV

ARV (median comp)
$265,511
List price
$219,000
Delta
-17.52%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
2213 Nightgrove Cir 0.02mi 3/2.0 1,500 (0%) 1mo $223,000 $149 98
2071 Wildcat Trl 0.26mi 3/2.0 1,480 (-1%) 1mo $244,900 $165 85
2525 Talus Run 0.37mi 3/2.0 1,521 (+1%) 1mo $275,240 $181 79
2826 Gose Ln 0.40mi 3/2.0 1,521 (+1%) 2mo $259,990 $171 78
2607 Ocean View Dr 0.42mi 3/2.0 1,518 (+1%) 3mo $264,740 $174 76
2407 Margaret St 0.47mi 3/2.0 1,518 (+1%) 2mo $257,765 $170 74
2529 Talus Run 0.36mi 3/2.0 1,396 (-7%) 1mo $267,240 $191 71
2228 Starling St 0.44mi 4/2.0 (+1) 1,456 (-3%) 1mo $264,000 $181 69
2376 Great Belt Blvd 0.57mi 3/2.0 1,450 (-3%) 1mo $220,000 $152 67
2810 Bakers Bnd 0.37mi 3/2.0 1,335 (-11%) 0mo $275,740 $207 64
3713 Pronghorn Ln 0.51mi 3/2.0 1,390 (-7%) 1mo $219,000 $158 63
3634 Mildren Bnd 0.67mi 4/2.0 (+1) 1,660 (+11%) 1mo $255,000 $154 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 · 3.0% rent growth · sell at horizon

5-year hold
IRR
-24.7%
Equity multiple
0.16×
Total profit
$-51,601
Equity at exit
$32,654
10-year hold
IRR
-19.9%
Equity multiple
-0.06×
Total profit
$-64,948
Equity at exit
$18,935

Cash invested: $61,320 (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.

ZIP-level market 75114

Home prices YoY
-26.7%
Active inventory
802
Price-to-rent
8.8×

Monthly cashflow live

Estimated rent
$2,072 high interval (Pro) →
Mortgage (P&I)
$1,148
Tax from tax record
$599 /mo · $7,188/yr
Insurance
$91
HOA
$55
Vacancy / Maint / Mgmt
$435
Net cashflow
$-257

Break-even live

Break-even rent $2,397
Max offer price $173,571
Occupancy floor

Sensitivity live

Price -10% $-133 -5% $-195 +0% $-257 +5% $-319 +10% $-381
Rent -10% $-421 -5% $-339 +0% $-257 +5% $-175 +10% $-94
Rate -1.0pp $-147 -0.5pp $-201 base $-257 +0.5pp $-314 +1.0pp $-372

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
$54,750
Closing costs
$6,570
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
2505 Milne Ct Crandall, TX 3.0 2.0 1450 $2,500 $1.72 20d 1 0.09mi
2043 Serval Ln Crandall, TX 3.0 2.0 1544 $2,100 $1.36 45d 1 0.10mi
2117 Ocelot St Crandall, TX 3.0 2.0 1481 $1,875 $1.27 45d 1 0.32mi
2960 Wallace Wells Ct Crandall, TX 3.0 2.0 1440 $2,000 $1.39 45d 1 0.33mi
2961 Wallace Wells Ct Crandall, TX 3.0 2.0 1266 $1,855 $1.47 3d 1 0.34mi
2127 Ocelot St Crandall, TX 3.0 2.0 1383 $2,200 $1.59 45d 1 0.35mi
3324 Price Trl Crandall, TX 3.0 2.0 1296 $1,995 $1.54 18d 1 0.36mi
3104 Helix Bay Dr Crandall, TX 3.0 2.0 1266 $1,675 $1.32 26d 1 0.37mi
2973 Wallace Wells Ct Crandall, TX 3.0 2.0 1440 $1,665 $1.16 45d 1 0.38mi
3103 Helix Bay Dr Crandall, TX 3.0 2.0 1440 $1,729 $1.20 4d 1 0.40mi
3101 Helix Bay Dr Crandall, TX 3.0 2.0 1266 $1,745 $1.38 26d 1 0.40mi
3121 Helix Bay Dr Crandall, TX 3.0 2.0 1440 $1,675 $1.16 45d 1 0.41mi
2991 Wallace Wells Ct Crandall, TX 3.0 2.0 1266 $1,895 $1.50 45d 1 0.42mi
3352 Beckwith Way Crandall, TX 3.0 2.0 1266 $1,750 $1.38 0d 1 0.45mi
3007 Wallace Wells Ct Crandall, TX 3.0 2.0 1440 $1,950 $1.35 45d 1 0.48mi
3315 Beckwith Way Crandall, TX 3.0 2.0 1440 $1,685 $1.17 45d 1 0.55mi
4152 Silverstein St Crandall, TX 3.0 2.0 1266 $1,925 $1.52 26d 1 0.57mi
4171 Silverstein St Crandall, TX 3.0 2.0 1311 $1,900 $1.45 14d 1 0.59mi
2306 Great Belt Blvd Crandall, TX 3.0 2.0 1266 $1,695 $1.34 45d 1 0.77mi
2302 Great Belt Blvd Crandall, TX 3.0 2.0 1266 $1,650 $1.30 4d 1 0.77mi
2294 Great Belt Blvd Crandall, TX 3.0 2.0 1266 $1,815 $1.43 26d 1 0.78mi
2603 Khaju Grv Crandall, TX 3.0 2.0 1266 $1,699 $1.34 4d 1 0.83mi
2504 Cornado Way Crandall, TX 3.0 2.0 1440 $1,799 $1.25 45d 1 0.84mi
2511 Cornado Way Crandall, TX 3.0 2.0 1239 $1,799 $1.45 26d 1 0.85mi
2311 Alcantara Ave Crandall, TX 3.0 2.0 1220 $1,740 $1.43 0d 1 0.89mi
4624 Verdin St Crandall, TX 3.0 2.0 1390 $1,950 $1.40 0d 1 1.03mi
2908 Hearts Trl Crandall, TX 3.0 3.0 1266 $1,750 $1.38 45d 1 1.09mi
1930 Wild Orchard Ln Crandall, TX 3.0 2.0 1411 $1,865 $1.32 45d 1 1.16mi
1507 Trick Riding Way Crandall, TX 4.0 2.0 1850 $1,900 $1.03 26d 1 1.18mi
1507 Trick Riding Way Crandall, TX 4.0 2.0 1850 $1,900 $1.03 0d 1 1.18mi
2624 Bartlett St Crandall, TX 4.0 2.0 1707 $1,825 $1.07 26d 1 1.23mi
1209 Kings Pl Crandall, TX 3.0 2.0 1356 $1,975 $1.46 3d 1 1.23mi
1799 Courage Crk Crandall, TX 3.0 2.0 1260 $1,800 $1.43 45d 1 1.25mi
1793 Courage Crk Crandall, TX 4.0 2.0 1667 $1,769 $1.06 0d 1 1.26mi
1789 Courage Crk Crandall, TX 4.0 2.0 1667 $1,739 $1.04 4d 1 1.27mi
1609 Duke Dr Crandall, TX 2.0–4.0 2.0–2.5 1614 $2,242 $1.39 0d 1 1.28mi
2510 Flight Trl Crandall, TX 4.0 2.0 1667 $1,845 $1.11 26d 1 1.29mi
2513 Flight Trl Crandall, TX 4.0 2.0 1707 $1,825 $1.07 26d 1 1.29mi
2739 Bronte Blvd Crandall, TX 4.0 2.0 1707 $1,825 $1.07 26d 1 1.31mi
2521 Flight Trl Crandall, TX 4.0 2.0 1707 $1,825 $1.07 26d 1 1.33mi

HOA detail

Monthly dues
$55 · $660/yr

Listing history 20 events

  1. 2026-06-21
    days on market $219,000 Active 38 DOM
  2. 2026-06-18
    price $219,000 Active 35 DOM
  3. 2026-06-18
    days on market $228,000 Active 35 DOM
  4. 2026-06-17
    days on market $228,000 Active 34 DOM
  5. 2026-06-16
    days on market $228,000 Active 33 DOM
  6. 2026-06-15
    days on market $228,000 Active 32 DOM
  7. 2026-06-13
    days on market $228,000 Active 30 DOM
  8. 2026-06-09
    days on market $228,000 Active 26 DOM
  9. 2026-06-08
    days on market $228,000 Active 25 DOM
  10. 2026-06-07
    days on market $228,000 Active 24 DOM
  11. 2026-06-04
    pricedays on market $228,000 Active 21 DOM
  12. 2026-06-03
    days on market $235,000 Active 20 DOM
  13. 2026-06-02
    days on market $235,000 Active 19 DOM
  14. 2026-06-01
    days on market $235,000 Active 18 DOM
  15. 2026-05-31
    days on market $235,000 Active 17 DOM
  16. 2026-05-14
    listed $235,000 Active 510-char remark
  17. 2024-04-04
    historical $2,000
  18. 2024-03-12
    listed $2,000
  19. 2023-09-11
    historical $2,000
  20. 2023-08-29
    listed $2,000

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

Tax reassessment forecast TX · Resets to sale price

Current annual tax
$7,188 · $599/mo
Projected year-2 tax
$7,188 · $599/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 6/10 Major
  • 🌡 Heat 7/10 Severe 7 d/yr ≥110°F today · 25 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 · 1 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$24,859
− Mortgage interest
−$12,267
− Property taxes
−$7,188
− Insurance
−$1,095
− Repairs & maintenance
−$1,989
− Management
−$1,989
− HOA
−$660
− Depreciation
−$6,371
Taxable loss
−$6,700
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,608
After-tax cash flow
$-1,478/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 · 12 photos

Good 80/100 Cosmetic rehab

This single-family home in Crandall, TX, is in good condition with a cosmetic rehab level, featuring modern updates and a functional design. It's move-in ready with a 100-Day Home Warranty and a 7-Day Home Test Drive.

Value-add opportunities

  • Both Paint exterior trim — Enhances curb appeal and value
  • Both Replace outdoor light fixtures — Improves safety and aesthetics

Renovation cost estimate screening

Value-add ROI direction

  • Both Paint exterior trim — Enhances curb appeal and value
  • Both Replace outdoor light fixtures — Improves safety and aesthetics

ⓘ 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
Crandall ISD
NCES district ID
4815510
Math proficiency
36% ▼ -13.00%
Reading proficiency
42% ▼ -8.00%
Median HH income
$70,076
Composite
35.57/100
National rank
#4901
State rank
#351 of 826 in TX

Livability — Crandall

Score
68/100
State rank
#507
US rank
#10022

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

County
Kaufman County · 122,338 people
City population
9,333
Metro
Dallas-Fort Worth-Arlington, TX
Population (ZIP)
9,333
Household income
$88,013
Rent vs Own
12.7% rent · 87.3% own
Severe rent burden
33.0

Population outlook (Kaufman County) Hauer SSP2

Today (2025)
138,716 people
By 2030
150,815 · +8.7%
By 2040
174,877 · +26.1%
By 2050
198,020 · +42.8%
By 2075
251,908 · +81.6%
By 2100
285,325 · +105.7%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.62)
Race & ethnicity
White 48% Hispanic / Latino 36% Two or more races 14% Black 14%
Hispanic origin (detail)
Mexican 34%
Common ancestry
Slovak 1%
Foreign-born
18% · Canada, China
Languages at home
71% English-only · Spanish 27% Other Indo-European 1%

Political lean MEDSL · Kaufman

2024 margin
Strong R (+27.9) · D 35.6% · R 63.5%
2008→2024 swing
+7.9pp toward D · 2008: -35.8pp · 2024: -27.9pp
All cycles
2024: R+27.9 2020: R+33.9 2016: R+47.0 2012: R+44.4 2008: R+35.8

Not yet ingested

Civics

Market trends

HPI YoY
▼ -71.61%
Current HPI
196.4773
Rent YoY
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

Price history

+11300.0% since first listed
8 events — show timeline
  • 2026-06-04 Price Changed $228,000 NTREIS
  • 2026-05-14 Listed $235,000 NTREIS
  • 2026-05-12 Sold (Public Records) Public Records
  • 2026-05-12 Sold (Public Records) Public Records
  • 2024-04-04 Rental Removed $2,000 NTREIS
  • 2024-03-12 Listed for Rent $2,000 NTREIS
  • 2023-09-11 Rental Removed $2,000 NTREIS
  • 2023-08-29 Listed for Rent $2,000 NTREIS

Property tax history

+74.4%/yr

Latest (2025): $7,188 · -8.8% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…