409 Heasley St · McLean, TX 79057

$54,500

2 bd · 1.0 ba · 1,376 sqft · SingleFamily · 218 Days on market

Built 1950 Fair condition 3.30 ac lot ↓ 38% since listing

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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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Appreciation +5.0/10.0
• Schools +4.6/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.2/5.0

Listing remarks MLS

Discover the perfect blend of comfort and potential with this cozy 2-bedroom, 1-bath home nestled on 3.3 acres, with city utilities. This property has beautiful, mature trees, & offers a serene natural setting. Inside, you'll find a practical layout with a dedicated utility room & an attached workshop, that provides endless possibilities--ideal for hobbies, storage, or future expansion. Whether you're looking for a peaceful place to call home or land with room to grow, this property offers it all. Don't miss this unique opportunity to own a piece of countryside charm!

Key facts

• 3.3 acres
• Attached workshop
• Mature trees

Tags

• DEDICATED UTILITY ROOM
• ATTACHED WORKSHOP
• MATURE TREES
• SERENE NATURAL SETTING
• 3.3 ACRES

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $54k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $490 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $54k).
• Recommended offer: $48k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 63/100 on livability (#896 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A-; Watch: schools C-, employment D, amenities F.
• Mclean ISD (rural): math 55% / reading 50% proficiency, ranked #297 of 1,141 in TX (top 26%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 14 active listings in the ZIP; 7 units permitted in Gray County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $2k of equity ($377 loan paydown + $2k appreciation (3.0% local appreciation)).
• Gray County population projected at +28% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (3.0% appreciation + 3.0% rent growth), your $15k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 218 days — a 12% lower offer ($48k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts; this cycle's ask has dropped $20k (27%) 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.

Recommended offer $47,960 (12.0% below list)

Questions for the listing agent

1. It's been on market 218 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
3. Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 2.01% ✓
• Cap rate: 17.09%
• Cash-on-cash: 38.57%
• DSCR: 2.72
• GRM: 4.1

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: 44.1%
• Equity multiple: 3.48×
• Total profit: $37,820
• Equity at exit: $24,506

10-year hold

• IRR: 43.9%
• Equity multiple: 6.96×
• Total profit: $90,888
• Equity at exit: $37,766

Cash invested: $15,260 (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 79057

• Active inventory: 14
• Price-to-rent: 4.1×

Monthly cashflow live

• Estimated rent: $1,098 medium
• Mortgage (P&I): −$286
• Tax est. 1.5%: −$68 /mo · $818/yr
• Insurance: −$23
• HOA: −$0
• Vacancy / Maint / Mgmt: −$230
• Net cashflow: $490

Break-even live

Break-even rent $477

Max offer price $54,500

Occupancy floor 50%

Sensitivity live

Price	-10% $528	-5% $509	+0% $490	+5% $472	+10% $453
Rent	-10% $404	-5% $447	+0% $490	+5% $534	+10% $577
Rate	-1.0pp $518	-0.5pp $504	base $490	+0.5pp $476	+1.0pp $462

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: $13,625
• Closing costs: $1,635
• Reserves months: —
• Total cash needed: —

Listing history 50 events

1. 2026-06-21
   days on market $54,500 Active 218 DOM
2. 2026-06-18
   days on market $54,500 Active 216 DOM
3. 2026-06-17
   days on market $54,500 Active 215 DOM
4. 2026-06-16
   days on market $54,500 Active 214 DOM
5. 2026-06-15
   days on market $54,500 Active 213 DOM
6. 2026-06-15
   days on market $54,500 Active 212 DOM
7. 2026-06-13
   days on market $54,500 Active 211 DOM
8. 2026-06-12
   days on market $54,500 Active 210 DOM
9. 2026-06-10
   days on market $54,500 Active 207 DOM
10. 2026-06-08
    days on market $54,500 Active 206 DOM
11. 2026-06-08
    pricedays on market $54,500 Active 205 DOM
12. 2026-06-05
    days on market $55,000 Active 203 DOM
13. 2026-06-03
    days on market $55,000 Active 201 DOM
14. 2026-06-02
    days on market $55,000 Active 200 DOM
15. 2026-06-02
    price $55,000 Active 199 DOM
16. 2026-06-01
    days on market $55,500 Active 199 DOM
17. 2026-05-31
    days on market $55,500 Active 198 DOM
18. 2026-05-08
    price $55,500 585-char remark

    Show marketing remark (590 chars)

    Discover the perfect blend of comfort and potential with this cozy 2-bedroom, 1-bath home nestled on 3.3 acres, with city utilities. This property has beautiful, mature trees, & offers a serene natural setting. Inside, you'll find a practical layout with a dedicated utility room & an attached workshop, that provides endless possibilities—ideal for hobbies, storage, or future expansion. Whether you're looking for a peaceful place to call home or land with room to grow, this property offers it all. Don't miss this unique opportunity to own a piece of countryside charm!

19. 2026-05-08
    price $55,500 590-char remark

    Show marketing remark (590 chars)

    Discover the perfect blend of comfort and potential with this cozy 2-bedroom, 1-bath home nestled on 3.3 acres, with city utilities. This property has beautiful, mature trees, & offers a serene natural setting. Inside, you'll find a practical layout with a dedicated utility room & an attached workshop, that provides endless possibilities—ideal for hobbies, storage, or future expansion. Whether you're looking for a peaceful place to call home or land with room to grow, this property offers it all. Don't miss this unique opportunity to own a piece of countryside charm!

20. 2026-05-01
    status Active 585-char remark

    Show marketing remark (590 chars)

    Discover the perfect blend of comfort and potential with this cozy 2-bedroom, 1-bath home nestled on 3.3 acres, with city utilities. This property has beautiful, mature trees, & offers a serene natural setting. Inside, you'll find a practical layout with a dedicated utility room & an attached workshop, that provides endless possibilities—ideal for hobbies, storage, or future expansion. Whether you're looking for a peaceful place to call home or land with room to grow, this property offers it all. Don't miss this unique opportunity to own a piece of countryside charm!

21. 2026-05-01
    status Active 590-char remark

    Show marketing remark (590 chars)

    Discover the perfect blend of comfort and potential with this cozy 2-bedroom, 1-bath home nestled on 3.3 acres, with city utilities. This property has beautiful, mature trees, & offers a serene natural setting. Inside, you'll find a practical layout with a dedicated utility room & an attached workshop, that provides endless possibilities—ideal for hobbies, storage, or future expansion. Whether you're looking for a peaceful place to call home or land with room to grow, this property offers it all. Don't miss this unique opportunity to own a piece of countryside charm!

22. 2026-04-11
    status Pending 590-char remark

    Show marketing remark (590 chars)

    Discover the perfect blend of comfort and potential with this cozy 2-bedroom, 1-bath home nestled on 3.3 acres, with city utilities. This property has beautiful, mature trees, & offers a serene natural setting. Inside, you'll find a practical layout with a dedicated utility room & an attached workshop, that provides endless possibilities—ideal for hobbies, storage, or future expansion. Whether you're looking for a peaceful place to call home or land with room to grow, this property offers it all. Don't miss this unique opportunity to own a piece of countryside charm!

23. 2026-04-04
    price $56,000 590-char remark

    Show marketing remark (585 chars)

    Discover the perfect blend of comfort and potential with this cozy 2-bedroom, 1-bath home nestled on 3.3 acres, with city utilities. This property has beautiful, mature trees, & offers a serene natural setting. Inside, you'll find a practical layout with a dedicated utility room & an attached workshop, that provides endless possibilities--ideal for hobbies, storage, or future expansion. Whether you're looking for a peaceful place to call home or land with room to grow, this property offers it all. Don't miss this unique opportunity to own a piece of countryside charm!

24. 2026-04-04
    price $56,000 585-char remark

    Show marketing remark (585 chars)

    Discover the perfect blend of comfort and potential with this cozy 2-bedroom, 1-bath home nestled on 3.3 acres, with city utilities. This property has beautiful, mature trees, & offers a serene natural setting. Inside, you'll find a practical layout with a dedicated utility room & an attached workshop, that provides endless possibilities--ideal for hobbies, storage, or future expansion. Whether you're looking for a peaceful place to call home or land with room to grow, this property offers it all. Don't miss this unique opportunity to own a piece of countryside charm!

25. 2026-03-27
    price $57,000 585-char remark

    Show marketing remark (590 chars)

    Discover the perfect blend of comfort and potential with this cozy 2-bedroom, 1-bath home nestled on 3.3 acres, with city utilities. This property has beautiful, mature trees, & offers a serene natural setting. Inside, you'll find a practical layout with a dedicated utility room & an attached workshop, that provides endless possibilities—ideal for hobbies, storage, or future expansion. Whether you're looking for a peaceful place to call home or land with room to grow, this property offers it all. Don't miss this unique opportunity to own a piece of countryside charm!

26. 2026-03-27
    price $57,000 590-char remark

    Show marketing remark (590 chars)

    Discover the perfect blend of comfort and potential with this cozy 2-bedroom, 1-bath home nestled on 3.3 acres, with city utilities. This property has beautiful, mature trees, & offers a serene natural setting. Inside, you'll find a practical layout with a dedicated utility room & an attached workshop, that provides endless possibilities—ideal for hobbies, storage, or future expansion. Whether you're looking for a peaceful place to call home or land with room to grow, this property offers it all. Don't miss this unique opportunity to own a piece of countryside charm!

27. 2026-03-20
    price $58,000 585-char remark

    Show marketing remark (590 chars)

    Discover the perfect blend of comfort and potential with this cozy 2-bedroom, 1-bath home nestled on 3.3 acres, with city utilities. This property has beautiful, mature trees, & offers a serene natural setting. Inside, you'll find a practical layout with a dedicated utility room & an attached workshop, that provides endless possibilities—ideal for hobbies, storage, or future expansion. Whether you're looking for a peaceful place to call home or land with room to grow, this property offers it all. Don't miss this unique opportunity to own a piece of countryside charm!

28. 2026-03-20
    price $58,000 590-char remark

    Show marketing remark (590 chars)

    Discover the perfect blend of comfort and potential with this cozy 2-bedroom, 1-bath home nestled on 3.3 acres, with city utilities. This property has beautiful, mature trees, & offers a serene natural setting. Inside, you'll find a practical layout with a dedicated utility room & an attached workshop, that provides endless possibilities—ideal for hobbies, storage, or future expansion. Whether you're looking for a peaceful place to call home or land with room to grow, this property offers it all. Don't miss this unique opportunity to own a piece of countryside charm!

29. 2026-03-13
    price $59,000 585-char remark

    Show marketing remark (590 chars)

    Discover the perfect blend of comfort and potential with this cozy 2-bedroom, 1-bath home nestled on 3.3 acres, with city utilities. This property has beautiful, mature trees, & offers a serene natural setting. Inside, you'll find a practical layout with a dedicated utility room & an attached workshop, that provides endless possibilities—ideal for hobbies, storage, or future expansion. Whether you're looking for a peaceful place to call home or land with room to grow, this property offers it all. Don't miss this unique opportunity to own a piece of countryside charm!

30. 2026-03-13
    price $59,000 590-char remark

    Show marketing remark (590 chars)

    Discover the perfect blend of comfort and potential with this cozy 2-bedroom, 1-bath home nestled on 3.3 acres, with city utilities. This property has beautiful, mature trees, & offers a serene natural setting. Inside, you'll find a practical layout with a dedicated utility room & an attached workshop, that provides endless possibilities—ideal for hobbies, storage, or future expansion. Whether you're looking for a peaceful place to call home or land with room to grow, this property offers it all. Don't miss this unique opportunity to own a piece of countryside charm!

31. 2026-03-06
    price $60,000 585-char remark

    Show marketing remark (590 chars)

    Discover the perfect blend of comfort and potential with this cozy 2-bedroom, 1-bath home nestled on 3.3 acres, with city utilities. This property has beautiful, mature trees, & offers a serene natural setting. Inside, you'll find a practical layout with a dedicated utility room & an attached workshop, that provides endless possibilities—ideal for hobbies, storage, or future expansion. Whether you're looking for a peaceful place to call home or land with room to grow, this property offers it all. Don't miss this unique opportunity to own a piece of countryside charm!

32. 2026-03-06
    price $60,000 590-char remark

    Show marketing remark (590 chars)

    Discover the perfect blend of comfort and potential with this cozy 2-bedroom, 1-bath home nestled on 3.3 acres, with city utilities. This property has beautiful, mature trees, & offers a serene natural setting. Inside, you'll find a practical layout with a dedicated utility room & an attached workshop, that provides endless possibilities—ideal for hobbies, storage, or future expansion. Whether you're looking for a peaceful place to call home or land with room to grow, this property offers it all. Don't miss this unique opportunity to own a piece of countryside charm!

33. 2026-02-27
    price $61,000 585-char remark

    Show marketing remark (590 chars)

    Discover the perfect blend of comfort and potential with this cozy 2-bedroom, 1-bath home nestled on 3.3 acres, with city utilities. This property has beautiful, mature trees, & offers a serene natural setting. Inside, you'll find a practical layout with a dedicated utility room & an attached workshop, that provides endless possibilities—ideal for hobbies, storage, or future expansion. Whether you're looking for a peaceful place to call home or land with room to grow, this property offers it all. Don't miss this unique opportunity to own a piece of countryside charm!

34. 2026-02-27
    price $61,000 590-char remark

    Show marketing remark (590 chars)

    Discover the perfect blend of comfort and potential with this cozy 2-bedroom, 1-bath home nestled on 3.3 acres, with city utilities. This property has beautiful, mature trees, & offers a serene natural setting. Inside, you'll find a practical layout with a dedicated utility room & an attached workshop, that provides endless possibilities—ideal for hobbies, storage, or future expansion. Whether you're looking for a peaceful place to call home or land with room to grow, this property offers it all. Don't miss this unique opportunity to own a piece of countryside charm!

35. 2026-02-20
    price $62,000 585-char remark

    Show marketing remark (590 chars)

    Discover the perfect blend of comfort and potential with this cozy 2-bedroom, 1-bath home nestled on 3.3 acres, with city utilities. This property has beautiful, mature trees, & offers a serene natural setting. Inside, you'll find a practical layout with a dedicated utility room & an attached workshop, that provides endless possibilities—ideal for hobbies, storage, or future expansion. Whether you're looking for a peaceful place to call home or land with room to grow, this property offers it all. Don't miss this unique opportunity to own a piece of countryside charm!

36. 2026-02-20
    price $62,000 590-char remark

    Show marketing remark (590 chars)

    Discover the perfect blend of comfort and potential with this cozy 2-bedroom, 1-bath home nestled on 3.3 acres, with city utilities. This property has beautiful, mature trees, & offers a serene natural setting. Inside, you'll find a practical layout with a dedicated utility room & an attached workshop, that provides endless possibilities—ideal for hobbies, storage, or future expansion. Whether you're looking for a peaceful place to call home or land with room to grow, this property offers it all. Don't miss this unique opportunity to own a piece of countryside charm!

37. 2026-02-13
    price $63,000 585-char remark

    Show marketing remark (590 chars)

    Discover the perfect blend of comfort and potential with this cozy 2-bedroom, 1-bath home nestled on 3.3 acres, with city utilities. This property has beautiful, mature trees, & offers a serene natural setting. Inside, you'll find a practical layout with a dedicated utility room & an attached workshop, that provides endless possibilities—ideal for hobbies, storage, or future expansion. Whether you're looking for a peaceful place to call home or land with room to grow, this property offers it all. Don't miss this unique opportunity to own a piece of countryside charm!

38. 2026-02-13
    price $63,000 590-char remark

    Show marketing remark (590 chars)

    Discover the perfect blend of comfort and potential with this cozy 2-bedroom, 1-bath home nestled on 3.3 acres, with city utilities. This property has beautiful, mature trees, & offers a serene natural setting. Inside, you'll find a practical layout with a dedicated utility room & an attached workshop, that provides endless possibilities—ideal for hobbies, storage, or future expansion. Whether you're looking for a peaceful place to call home or land with room to grow, this property offers it all. Don't miss this unique opportunity to own a piece of countryside charm!

39. 2026-02-10
    price $64,000 585-char remark

    Show marketing remark (585 chars)

    Discover the perfect blend of comfort and potential with this cozy 2-bedroom, 1-bath home nestled on 3.3 acres, with city utilities. This property has beautiful, mature trees, & offers a serene natural setting. Inside, you'll find a practical layout with a dedicated utility room & an attached workshop, that provides endless possibilities--ideal for hobbies, storage, or future expansion. Whether you're looking for a peaceful place to call home or land with room to grow, this property offers it all. Don't miss this unique opportunity to own a piece of countryside charm!

40. 2026-01-30
    price $65,000 590-char remark

    Show marketing remark (585 chars)

    Discover the perfect blend of comfort and potential with this cozy 2-bedroom, 1-bath home nestled on 3.3 acres, with city utilities. This property has beautiful, mature trees, & offers a serene natural setting. Inside, you'll find a practical layout with a dedicated utility room & an attached workshop, that provides endless possibilities--ideal for hobbies, storage, or future expansion. Whether you're looking for a peaceful place to call home or land with room to grow, this property offers it all. Don't miss this unique opportunity to own a piece of countryside charm!

41. 2026-01-30
    price $65,000 585-char remark

    Show marketing remark (585 chars)

    Discover the perfect blend of comfort and potential with this cozy 2-bedroom, 1-bath home nestled on 3.3 acres, with city utilities. This property has beautiful, mature trees, & offers a serene natural setting. Inside, you'll find a practical layout with a dedicated utility room & an attached workshop, that provides endless possibilities--ideal for hobbies, storage, or future expansion. Whether you're looking for a peaceful place to call home or land with room to grow, this property offers it all. Don't miss this unique opportunity to own a piece of countryside charm!

42. 2026-01-23
    price $66,000 585-char remark

    Show marketing remark (590 chars)

    Discover the perfect blend of comfort and potential with this cozy 2-bedroom, 1-bath home nestled on 3.3 acres, with city utilities. This property has beautiful, mature trees, & offers a serene natural setting. Inside, you'll find a practical layout with a dedicated utility room & an attached workshop, that provides endless possibilities—ideal for hobbies, storage, or future expansion. Whether you're looking for a peaceful place to call home or land with room to grow, this property offers it all. Don't miss this unique opportunity to own a piece of countryside charm!

43. 2026-01-23
    price $66,000 590-char remark

    Show marketing remark (590 chars)

    Discover the perfect blend of comfort and potential with this cozy 2-bedroom, 1-bath home nestled on 3.3 acres, with city utilities. This property has beautiful, mature trees, & offers a serene natural setting. Inside, you'll find a practical layout with a dedicated utility room & an attached workshop, that provides endless possibilities—ideal for hobbies, storage, or future expansion. Whether you're looking for a peaceful place to call home or land with room to grow, this property offers it all. Don't miss this unique opportunity to own a piece of countryside charm!

44. 2026-01-16
    price $67,000 590-char remark

    Show marketing remark (585 chars)

    Discover the perfect blend of comfort and potential with this cozy 2-bedroom, 1-bath home nestled on 3.3 acres, with city utilities. This property has beautiful, mature trees, & offers a serene natural setting. Inside, you'll find a practical layout with a dedicated utility room & an attached workshop, that provides endless possibilities--ideal for hobbies, storage, or future expansion. Whether you're looking for a peaceful place to call home or land with room to grow, this property offers it all. Don't miss this unique opportunity to own a piece of countryside charm!

45. 2026-01-16
    price $67,000 585-char remark

    Show marketing remark (585 chars)

    Discover the perfect blend of comfort and potential with this cozy 2-bedroom, 1-bath home nestled on 3.3 acres, with city utilities. This property has beautiful, mature trees, & offers a serene natural setting. Inside, you'll find a practical layout with a dedicated utility room & an attached workshop, that provides endless possibilities--ideal for hobbies, storage, or future expansion. Whether you're looking for a peaceful place to call home or land with room to grow, this property offers it all. Don't miss this unique opportunity to own a piece of countryside charm!

46. 2026-01-09
    price $68,000 585-char remark

    Show marketing remark (590 chars)

    Discover the perfect blend of comfort and potential with this cozy 2-bedroom, 1-bath home nestled on 3.3 acres, with city utilities. This property has beautiful, mature trees, & offers a serene natural setting. Inside, you'll find a practical layout with a dedicated utility room & an attached workshop, that provides endless possibilities—ideal for hobbies, storage, or future expansion. Whether you're looking for a peaceful place to call home or land with room to grow, this property offers it all. Don't miss this unique opportunity to own a piece of countryside charm!

47. 2026-01-09
    price $68,000 590-char remark

    Show marketing remark (590 chars)

    Discover the perfect blend of comfort and potential with this cozy 2-bedroom, 1-bath home nestled on 3.3 acres, with city utilities. This property has beautiful, mature trees, & offers a serene natural setting. Inside, you'll find a practical layout with a dedicated utility room & an attached workshop, that provides endless possibilities—ideal for hobbies, storage, or future expansion. Whether you're looking for a peaceful place to call home or land with room to grow, this property offers it all. Don't miss this unique opportunity to own a piece of countryside charm!

48. 2026-01-02
    price $69,000 585-char remark

    Show marketing remark (590 chars)

    Discover the perfect blend of comfort and potential with this cozy 2-bedroom, 1-bath home nestled on 3.3 acres, with city utilities. This property has beautiful, mature trees, & offers a serene natural setting. Inside, you'll find a practical layout with a dedicated utility room & an attached workshop, that provides endless possibilities—ideal for hobbies, storage, or future expansion. Whether you're looking for a peaceful place to call home or land with room to grow, this property offers it all. Don't miss this unique opportunity to own a piece of countryside charm!

49. 2026-01-02
    price $69,000 590-char remark

    Show marketing remark (590 chars)

    Discover the perfect blend of comfort and potential with this cozy 2-bedroom, 1-bath home nestled on 3.3 acres, with city utilities. This property has beautiful, mature trees, & offers a serene natural setting. Inside, you'll find a practical layout with a dedicated utility room & an attached workshop, that provides endless possibilities—ideal for hobbies, storage, or future expansion. Whether you're looking for a peaceful place to call home or land with room to grow, this property offers it all. Don't miss this unique opportunity to own a piece of countryside charm!

50. 2025-12-22
    price $70,000 585-char remark

    Show marketing remark (590 chars)

    Discover the perfect blend of comfort and potential with this cozy 2-bedroom, 1-bath home nestled on 3.3 acres, with city utilities. This property has beautiful, mature trees, & offers a serene natural setting. Inside, you'll find a practical layout with a dedicated utility room & an attached workshop, that provides endless possibilities—ideal for hobbies, storage, or future expansion. Whether you're looking for a peaceful place to call home or land with room to grow, this property offers it all. Don't miss this unique opportunity to own a piece of countryside charm!

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

Taxation est. · year 1

• Rental income: $13,171
• − Mortgage interest: −$3,053
• − Property taxes: −$818
• − Insurance: −$272
• − Repairs & maintenance: −$1,054
• − Management: −$1,054
• − Depreciation: −$1,585
• Taxable income: $5,336
• Est. tax owed @ 24.0%: −$1,281
• After-tax cash flow: $4,605/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

Fair 45/100 Moderate rehab

This 2-bedroom, 1-bath home on 3.3 acres requires moderate renovations to update the kitchen and bathroom, which would significantly increase its value for both resale and rental purposes.

Repairs flagged

• Major kitchen cabinets — poor condition
• Major kitchen flooring — dated and worn
• Major kitchen appliances — outdated and worn
• Major bathroom fixtures — dated and worn
• Major bathroom flooring — dated and worn

Value-add opportunities

• Both update kitchen and bathroom — modernizing these areas would significantly increase both resale and rental value
• Both paint interior walls — fresh paint enhances curb appeal and interior aesthetics
• Both replace windows — newer windows improve energy efficiency and curb appeal

Renovation cost estimate screening

Repair item	Severity	Est. cost
kitchen cabinets · poor condition	Major	$15,000–50,000
kitchen flooring · dated and worn	Major	$15,000–50,000
kitchen appliances · outdated and worn	Major	$15,000–50,000
bathroom fixtures · dated and worn	Major	$15,000–50,000
bathroom flooring · dated and worn	Major	$15,000–50,000
Total estimated repair cost · 5 items		$75,000–250,000

Value-add ROI direction

• Both update kitchen and bathroom — modernizing these areas would significantly increase both resale and rental value ↑
• Both paint interior walls — fresh paint enhances curb appeal and interior aesthetics ↑
• Both replace windows — newer windows improve energy efficiency and curb appeal ↑

ⓘ 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: Mclean ISD
• NCES district ID: 4829880
• Math proficiency: 55% ▬ 0.00%
• Reading proficiency: 50% ▲ 5.00%
• Median HH income: $42,711
• Composite: 46.09/100
• National rank: #5480
• State rank: #297 of 1141 in TX

Livability — McLean

• Score: 63/100
• State rank: #896
• US rank: #16067

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: McLean, TX
• Population (ZIP): 1,075

Population outlook (Gray County) Hauer SSP2

• Today (2025): 24,965 people
• By 2030: 26,105 · +4.6%
• By 2040: 28,752 · +15.2%
• By 2050: 31,859 · +27.6%
• By 2075: 39,812 · +59.5%
• By 2100: 43,284 · +73.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (81%)
• Race & ethnicity: White 81% Hispanic / Latino 16% Two or more races 9% Native American 3%
• Hispanic origin (detail): Mexican 16%
• Common ancestry: Iranian 19% Slovak 1% Romanian 1%
• Foreign-born: 7% · Canada
• Languages at home: 85% English-only · Spanish 15%

Political lean MEDSL · Gray

• 2024 margin: Solid R (+77.1) · D 11.2% · R 88.3%
• 2008→2024 swing: -6.2pp toward R · 2008: -71.0pp · 2024: -77.1pp
• All cycles: 2024: R+77.1 2020: R+77.2 2016: R+78.8 2012: R+75.2 2008: R+71.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: —
• Current HPI: —
• Rent YoY: —
• Metro: —
• 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

-38.3% since first listed

49 events — show timeline

• 2026-05-08 Price Changed $55,500 PBOR
• 2026-05-08 Price Changed $55,500 AARMLS
• 2026-05-01 Relisted — PBOR
• 2026-05-01 Relisted — AARMLS
• 2026-04-11 Pending — AARMLS
• 2026-04-04 Price Changed $56,000 AARMLS
• 2026-04-04 Price Changed $56,000 PBOR
• 2026-03-27 Price Changed $57,000 PBOR
• 2026-03-27 Price Changed $57,000 AARMLS
• 2026-03-20 Price Changed $58,000 PBOR
• 2026-03-20 Price Changed $58,000 AARMLS
• 2026-03-13 Price Changed $59,000 PBOR
• 2026-03-13 Price Changed $59,000 AARMLS
• 2026-03-06 Price Changed $60,000 PBOR
• 2026-03-06 Price Changed $60,000 AARMLS
• 2026-02-27 Price Changed $61,000 PBOR
• 2026-02-27 Price Changed $61,000 AARMLS
• 2026-02-20 Price Changed $62,000 PBOR
• 2026-02-20 Price Changed $62,000 AARMLS
• 2026-02-13 Price Changed $63,000 PBOR
• 2026-02-13 Price Changed $63,000 AARMLS
• 2026-02-10 Price Changed $64,000 PBOR
• 2026-01-30 Price Changed $65,000 AARMLS
• 2026-01-30 Price Changed $65,000 PBOR
• 2026-01-23 Price Changed $66,000 PBOR
• 2026-01-23 Price Changed $66,000 AARMLS
• 2026-01-16 Price Changed $67,000 AARMLS
• 2026-01-16 Price Changed $67,000 PBOR
• 2026-01-09 Price Changed $68,000 PBOR
• 2026-01-09 Price Changed $68,000 AARMLS
• 2026-01-02 Price Changed $69,000 PBOR
• 2026-01-02 Price Changed $69,000 AARMLS
• 2025-12-22 Price Changed $70,000 PBOR
• 2025-12-22 Price Changed $70,000 AARMLS
• 2025-12-12 Price Changed $71,000 PBOR
• 2025-12-12 Price Changed $71,000 AARMLS
• 2025-12-06 Price Changed $72,000 PBOR
• 2025-12-06 Price Changed $72,000 AARMLS
• 2025-11-28 Price Changed $73,000 AARMLS
• 2025-11-28 Price Changed $73,000 PBOR
• 2025-11-23 Price Changed $74,000 PBOR
• 2025-11-23 Price Changed $74,000 AARMLS
• 2025-10-24 Listed $75,000 AARMLS
• 2025-10-23 Listed $75,000 PBOR
• 2025-08-29 Price Changed $75,000 PBOR
• 2025-08-29 Price Changed $75,000 AARMLS
• 2025-06-15 Price Changed $85,000 AARMLS
• 2025-06-13 Price Changed $85,000 PBOR
• 2025-05-13 Listed $90,000 PBOR