7312 Stonewall Rd · Forest Hill, TX 76140

$210,000

3 bd · 2.0 ba · 1,386 sqft · SingleFamily public records · 35 Days on market

Built 1977 9,409 sqft lot $152/sqft · 13% below area Est $242k · 13% under

---

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 +13.4/15.0
• Cash flow +10.8/30.0
• 1% rule +3.9/10.0
• Livability +3.4/5.0
• DSCR +3.1/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.3/10.0
• Appreciation +0.0/10.0

Listing remarks

This property offers a strong opportunity for both families and investors. It features 3 bedrooms, 2 full bathrooms, and a single-level layout designed for practical everyday living. The living area includes an electric fireplace, and the home has a shingle roof that is approximately 2 years old. Located within Everman ISD, the property provides access to nearby schools such as Roy Johnson STEM Academy, Hommel Elementary, and Everman High School. Conveniently situated just minutes from I-20 and I-35W, the home offers easy access to Fort Worth and surrounding areas. Nearby amenities include Hulen Mall, La Gran Plaza, grocery stores, restaurants, parks, and other daily conveniences. A solid o

Key facts

• 9,409 sq ft lot
• 2 garage spots
• Built 1977

Property features AI

Finance

• Other: Possession at closing/funding; Listing status: Active Under Contract
• Financial info: Listing terms include Cash, Conventional, FHA, VA
• HOA & community: No association

Exterior

• Parking: Attached 2-car garage; 2 covered parking spaces; Garage with opener and garage faces front
• Security: Security system; Smoke detectors
• Utilities: City sewer; City water; Municipal utility district: No
• Home design: Single-family residence; One-story; Residential property
• Construction: Shingle roof; Slab foundation; Built in 1977
• Exterior features: No fencing; No patio or porch listed; Lot under 0.5 acre (approximately 0.216 acres); Subdivision: Heritage Heights Add

Interior

• Kitchen: Electric cooktop; Electric oven; Garbage disposal
• Bedrooms: 3 bedrooms (all on main level)
• Flooring: Ceramic tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air (electric); Ceiling fans
• Interior features: Cable TV available; Window coverings; 1 living area; 1 dining area; Total room count: 8; Electric fireplace
• Laundry & utility: Washer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $210k.

Deal economics

• At list price, monthly cash flow is $-95 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $193k (8.0% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $187k (11.2% below list).
• Recommended offer: $187k (11.2% below list) — sets the bar for 1% rule.
• Cap rate 5.8% vs local median 4.6% in Forest Hill — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 67/100 on livability (#582 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime B+; Watch: amenities F, commute F, employment F.
• Everman ISD (suburban): math 21% / reading 32% proficiency, ranked #691 of 826 in TX (top 84%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 77% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Hommel El (math 32% / reading 27%, grade F, #2,525 of 4,322 statewide, top 62%, 302 students, 95% FRL); Charles Baxter J H (math 19% / reading 34%, grade F, #1,200 of 1,662 statewide, top 73%, 769 students, 94% FRL); Everman H S (math 15% / reading 35%, grade F, #1,250 of 1,632 statewide, top 77%, 1,740 students, 92% FRL) — zoned schools average 94% FRL vs 77% district-wide (17 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents flat; 390 active listings in the ZIP; 31 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 52% of comp listings sitting > 30 days — soft ceiling on asking rent; 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 $1k of loan paydown is wiped out by about $6k 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

• It's been on market 35 days — a 3% lower offer ($204k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts 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.

Risks & watch-outs

• Climate carrying-cost: moderate wind risk, 26% chance of damaging wind over 30y; moderate 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 $186,514 (11.2% 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 35 days. Have you received any prior offers? Is the seller open to a 11% concession, seller financing, or rate buy-down credit?
3. Built in 1977 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are F-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. 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: 5.75%
• Cash-on-cash: -1.94%
• DSCR: 0.91
• GRM: 9.4

CMA / ARV

• ARV (median comp): $241,974
• List price: $210,000
• Delta: -13.21%
• 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
3221 Merrimac Dr	0.15mi	3/2.0	1,414 (+2%)	0mo	$250,000	$177	90
7200 Autumn Glen Dr	0.22mi	3/2.0	1,424 (+3%)	1mo	$199,000	$140	84
3113 Autumn Run Dr	0.22mi	3/2.0	1,279 (-8%)	1mo	$237,500	$186	76
3049 Valley Forge Trl	0.39mi	4/2.0 (+1)	1,410 (+2%)	3mo	$239,999	$170	71
7321 Fredricksburg Dr	0.32mi	3/2.0	1,500 (+8%)	1mo	$279,000	$186	71
301 Buie Dr	0.42mi	4/2.0 (+1)	1,299 (-6%)	3mo	$220,000	$169	62
6944 Knob Hill Rd	0.35mi	3/1.5	1,230 (-11%)	2mo	$195,000	$159	61
6909 Maryhill Rd	0.49mi	3/2.0	1,232 (-11%)	1mo	$216,000	$175	58
628 Thompson St	0.62mi	3/2.0	1,296 (-6%)	4mo	$250,000	$193	57
6916 Rebel Rd	0.44mi	3/2.0	1,575 (+14%)	0mo	$266,999	$170	57
3205 Jamestown Dr	0.50mi	4/2.0 (+1)	1,532 (+10%)	1mo	$269,900	$176	54
3432 Woodbridge Dr	0.57mi	3/2.0	1,219 (-12%)	2mo	$249,900	$205	51

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 · 0.11% rent growth · sell at horizon

5-year hold

• IRR: -23.0%
• Equity multiple: 0.23×
• Total profit: $-45,241
• Equity at exit: $31,312

10-year hold

• IRR: -28.8%
• Equity multiple: -0.14×
• Total profit: $-67,183
• Equity at exit: $18,157

Cash invested: $58,800 (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 76140

• Home prices YoY: -21.8%
• Rents YoY: 0.1%
• Active inventory: 390
• Price-to-rent: 9.4×

Monthly cashflow live

• Estimated rent: $1,865 high
• Mortgage (P&I): −$1,101
• Tax from tax record: −$380 /mo · $4,555/yr
• Insurance: −$88
• HOA: −$0
• Vacancy / Maint / Mgmt: −$392
• Net cashflow: $-95

Break-even live

Break-even rent $1,985

Max offer price $193,245

Occupancy floor —

Sensitivity live

Price	-10% $24	-5% $-35	+0% $-95	+5% $-154	+10% $-214
Rent	-10% $-242	-5% $-169	+0% $-95	+5% $-21	+10% $53
Rate	-1.0pp $11	-0.5pp $-41	base $-95	+0.5pp $-149	+1.0pp $-205

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: $52,500
• Closing costs: $6,300
• Reserves months: —
• Total cash needed: —

Rent comps 31 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7453 Darien St Fort Worth, TX	3.0	2.0	1152	$1,595	$1.38	26d	1	0.22mi
3022 Autumn Run Dr Forest Hill, TX	4.0	2.0	1690	$1,979	$1.17	23d	1	0.24mi
3100 Valley Forge Trl Forest Hill, TX	3.0	2.0	1211	$4,500	$3.72	0d	1	0.29mi
3334 Heritage Ln Forest Hill, TX	3.0	2.0	1300	$1,800	$1.38	45d	1	0.35mi
7517 Marlinda Cir Fort Worth, TX	3.0	2.0	1314	$1,820	$1.39	23d	1	0.37mi
3401 Heritage Ln Forest Hill, TX	3.0	2.5	1400	$1,799	$1.28	14d	1	0.39mi
7471 Tiffany Meadows Ln Fort Worth, TX	2.0	1.0	1108	$1,350	$1.22	45d	1	0.39mi
3311 Brambleton Hill Pl Forest Hill, TX	3.0	2.5	1400	$1,799	$1.28	19d	1	0.40mi
3402 Colonial Dr Unit 7323 Forest Hill, TX	3.0	1.5	1133	$1,650	$1.46	45d	1	0.41mi
3319 Brambleton Hill Pl Forest Hill, TX	3.0	2.5	1400	$1,799	$1.28	45d	1	0.42mi
7483 Tiffany Meadows Ln Fort Worth, TX	2.0	2.0	1067	$1,365	$1.28	45d	1	0.42mi
3331 Brambleton Hill Pl Forest Hill, TX	3.0	2.5	1400	$1,850	$1.32	9d	1	0.44mi
3425 Republic Dr Forest Hill, TX	3.0	2.0	1300	$1,600	$1.23	45d	1	0.45mi
3427 Republic Dr Forest Hill, TX	3.0	2.0	1300	$1,600	$1.23	26d	1	0.46mi
7299 Forest Hill Dr Forest Hill, TX	3.0	2.0	1400	$1,799	$1.28	45d	1	0.47mi
7299 Forest Hill Dr Forest Hill, TX	3.0	2.0	1402	$1,850	$1.32	26d	1	0.47mi
713 Heathcliff Dr Fort Worth, TX	3.0	2.0	1059	$1,850	$1.75	45d	1	0.62mi
7012 Candlewick Ct Forest Hill, TX	3.0	2.0	1615	$1,850	$1.15	0d	1	0.71mi
8057 Moonmist Cir Unit 25 Fort Worth, TX	2.0	1.5	924	$1,300	$1.41	45d	1	0.73mi
3137 Evangeline Rd Fort Worth, TX	3.0	2.0	1637	$1,995	$1.22	45d	1	0.76mi
514 Thompson Pl Fort Worth, TX	4.0	2.5	1687	$2,155	$1.28	45d	1	0.79mi
3148 Evangeline Rd Fort Worth, TX	3.0	2.0	1703	$1,974	$1.16	22d	1	0.80mi
512 Sussex Dr Fort Worth, TX	3.0	2.0	1307	$1,935	$1.48	45d	1	0.81mi
435 Sussex Dr Fort Worth, TX	3.0	2.0	1307	$1,935	$1.48	45d	1	0.86mi
108 Rosings Pl Fort Worth, TX	4.0	2.5	1753	$2,100	$1.20	45d	1	1.03mi
6840 Margaret Dr Forest Hill, TX	4.0	1.5	1490	$1,650	$1.11	23d	1	1.15mi
6709 Alma St Forest Hill, TX	3.0	2.0	1261	$1,641	$1.30	8d	1	1.22mi
6709 Alma St Forest Hill, TX	3.0	2.0	1261	$1,575	$1.25	3d	1	1.22mi
4516 Windy Ln Forest Hill, TX	3.0	2.0	1296	$1,870	$1.44	3d	1	1.34mi
3429 Falcon Dr Forest Hill, TX	4.0	2.0	1831	$1,945	$1.06	45d	1	1.41mi
3405 Orchard St Forest Hill, TX	3.0	2.0	1300	$1,325	$1.02	45d	1	1.46mi

Listing history 12 events

1. 2026-06-07
   status $210,000 Pending 35 DOM
2. 2026-06-04
   days on market $210,000 Active Option Contract 35 DOM
3. 2026-06-03
   days on market $210,000 Active Option Contract 34 DOM
4. 2026-06-02
   statusdays on market $210,000 Active Option Contract 33 DOM
5. 2026-06-01
   days on market $210,000 Active 32 DOM
6. 2026-05-31
   days on market $210,000 Active 31 DOM
7. 2026-05-15
   status Active 851-char remark
8. 2026-05-11
   historical Active Option Contract 851-char remark
9. 2026-04-30
   listed $210,000 Active 851-char remark
10. 2017-09-29
    soldstatus
11. 1996-02-13
    soldstatus
12. 1983-05-04
    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: $4,555 · $380/mo
• Projected year-2 tax: $4,555 · $380/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 5/10 Major
• 🌡 Heat 8/10 Severe 7 d/yr ≥110°F today · 25 d/yr by 30 yrs out
• 💨 Wind 5/10 Major 26% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,382
• − Mortgage interest: −$11,763
• − Property taxes: −$4,555
• − Insurance: −$1,050
• − Repairs & maintenance: −$1,791
• − Management: −$1,791
• − Depreciation: −$6,109
• Taxable loss: −$4,676
• Est. tax savings @ 24.0%: +$1,122
• After-tax cash flow: $-16/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: Everman ISD
• NCES district ID: 4818810
• Math proficiency: 21% ▼ -18.00%
• Reading proficiency: 32% ▼ -4.00%
• Median HH income: $44,803
• Composite: 22.77/100
• National rank: #8027
• State rank: #691 of 826 in TX

Livability — Forest Hill

• Score: 67/100
• State rank: #582
• US rank: #11106

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Forest Hill, TX
• County: Tarrant County · 2,033,669 people
• Metro: Dallas-Fort Worth-Arlington, TX
• Population (ZIP): 33,321
• Household income: $75,955
• Rent vs Own: 31.6% rent · 68.4% own
• Severe rent burden: 1264.0

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 0.68)
• Race & ethnicity: Hispanic / Latino 39% Black 35% White 20% Two or more races 14% Asian 3%
• Hispanic origin (detail): Mexican 36%
• Common ancestry: Scotch-Irish 2% Lithuanian 1% Slovak 1%
• Foreign-born: 18% · Canada, Vietnam, China
• Languages at home: 64% English-only · Spanish 32% Vietnamese 2% Chinese 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: ▼ -79.54%
• Current HPI: 285.9894
• Rent YoY: ▲ 0.11%
• 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

8 events — show timeline

• 2026-06-04 Pending — NTREIS
• 2026-06-02 Contingent — NTREIS
• 2026-05-15 Relisted — NTREIS
• 2026-05-11 Contingent — NTREIS
• 2026-04-30 Listed $210,000 NTREIS
• 2017-09-29 Sold (Public Records) — Public Records
• 1996-02-13 Sold (Public Records) — Public Records
• 1983-05-04 Sold (Public Records) — Public Records

Property tax history

+7.7%/yr

Latest (2025): $4,555 · -3.0% YoY. Source: county tax records.