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1212 W Goodwin St
C+ Composite 64.48
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 +19.8/30.0
  • ARV discount +15.0/15.0
  • 1% rule +7.0/10.0
  • DSCR +6.3/10.0
  • Appreciation +5.0/10.0
  • Schools +3.2/10.0
  • Livability +3.2/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0

$150,500

1212 W Goodwin St · Pleasanton, TX 78064-3918
3 bd · 2.0 ba · 1,865 sqft · SingleFamily public records · 439 Days on market
Built 1980 0.26 ac lot $81/sqft · 37% below area Est $253k · 40% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Come see this charming 4 bedroom, 2 bathroom home now on the market! Fully equipped eat-in kitchen with stylish tile back-splash and a breakfast bar. Relax in your primary suite, complete with a walk-in closet, and an en-suite bathroom. Step out to an inground pool in back yard! Hurry, this won't last long!

Key facts

  • Tile back-splash
  • Walk-in closet
  • Inground pool

Tags

EAT-IN KITCHENTILE BACK-SPLASHBREAKFAST BARWALK-IN CLOSETEN-SUITE BATHROOMINGROUND POOL

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 $150k.

Deal economics

  • At list price, monthly cash flow is $179 ($2k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $150k).
  • Recommended offer: $132k (12.0% below list) — sets the bar for market timing.
  • Cap rate 7.7% vs local median 3.3% in Pleasanton — 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 65/100 on livability (#679 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, employment B; Watch: schools C-, amenities F, commute F.
  • Pleasanton ISD (town): math 36% / reading 37% proficiency, ranked #470 of 826 in TX (top 57%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: 1 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 224 units permitted in Atascosa County in 2024 (0 in 5+ unit buildings).

Forward outlook

  • In year one you build about $6k of equity ($1k loan paydown + $5k appreciation (3.0% local appreciation)).
  • Atascosa County population projected at +41% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (3.0% appreciation + 3.0% rent growth), your $42k cash investment doubles in ~5 years — after that, you're playing with house money.
  • By year 7, paydown + projected appreciation supports a ~$35k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • It's been on market 439 days — a 12% lower offer ($132k) is reasonable based on typical stale-listing flexibility.
  • 7 sale attempts since 9y ago; this cycle's ask has dropped $114k (43%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Watch-outs: property tax is 3.1% of price.
  • Climate carrying-cost: severe wind risk, 80% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $132,440 (12.0% below list)

Questions for the listing agent

  1. It's been on market 439 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
  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. 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.
  6. 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.
  7. 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
1.20%
Cap rate
7.72%
Cash-on-cash
5.10%
DSCR
1.23
GRM
7.0

CMA / ARV

ARV (median comp)
$252,712
List price
$150,500
Delta
-40.45%
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
1217 Vivian St 0.03mi 3/2.5 1,961 (+5%) 3mo $120,000 $61 86
1105 Maia 0.28mi 4/2.0 (+1) 1,850 (-1%) 1mo $164,900 $89 80
523 Mansfield 0.66mi 3/2.0 1,848 (-1%) 1mo $129,500 $70 67
181 Bronco Rdg 0.68mi 3/2.0 1,867 (+0%) 1mo $191,999 $103 67
165 Bronco Rdg 0.71mi 3/2.0 1,867 (+0%) 2mo $190,999 $102 65
148 Bronco Rdg 0.75mi 3/2.0 1,867 (+0%) 2mo $204,999 $110 63
1707 Park Vw 0.73mi 3/2.0 1,836 (-2%) 1mo $405,000 $221 62
306 Yorktown 0.62mi 3/2.0 1,991 (+7%) 0mo $319,000 $160 59
152 Rawhide Rdg 0.74mi 4/3.0 (+1) 1,795 (-4%) 0mo $242,999 $135 50
230 Yorktown 0.61mi 3/2.0 1,625 (-13%) 0mo $289,900 $178 50
193 Bronco Rdg 0.66mi 4/2.0 (+1) 1,600 (-14%) 1mo $186,999 $117 40
161 Bronco Rdg 0.72mi 4/2.0 (+1) 1,600 (-14%) 4mo $177,999 $111 35

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
12.3%
Equity multiple
1.70×
Total profit
$29,686
Equity at exit
$67,671
10-year hold
IRR
14.4%
Equity multiple
3.13×
Total profit
$89,930
Equity at exit
$104,290

Cash invested: $42,140 (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 78064-3918

Active inventory
1
Price-to-rent
7.0×

Monthly cashflow live

Estimated rent
$1,800 medium interval (Pro) →
Mortgage (P&I)
$789
Tax from tax record
$391 /mo · $4,692/yr
Insurance
$63
HOA
$0
Vacancy / Maint / Mgmt
$378
Net cashflow
$179

Break-even live

Break-even rent $1,573
Max offer price $150,500
Occupancy floor 85%

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
$37,625
Closing costs
$4,515
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 2 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
404 High Meadow Dr Pleasanton, TX 3.0 2.0 1428 $1,800 $1.26 17d 1 0.19mi
140 Maverick Cv Pleasanton, TX 3.0 2.0 1450 $1,800 $1.24 14d 1 0.90mi

Listing history 28 events

  1. 2026-01-10
    price $150,500 309-char remark
    Show marketing remark (309 chars)

    Come see this charming 4 bedroom, 2 bathroom home now on the market! Fully equipped eat-in kitchen with stylish tile back-splash and a breakfast bar. Relax in your primary suite, complete with a walk-in closet, and an en-suite bathroom. Step out to an inground pool in back yard! Hurry, this won't last long!

  2. 2025-06-14
    status Back on Market 309-char remark
    Show marketing remark (309 chars)

    Come see this charming 4 bedroom, 2 bathroom home now on the market! Fully equipped eat-in kitchen with stylish tile back-splash and a breakfast bar. Relax in your primary suite, complete with a walk-in closet, and an en-suite bathroom. Step out to an inground pool in back yard! Hurry, this won't last long!

  3. 2025-04-20
    historical 309-char remark
    Show marketing remark (309 chars)

    Come see this charming 4 bedroom, 2 bathroom home now on the market! Fully equipped eat-in kitchen with stylish tile back-splash and a breakfast bar. Relax in your primary suite, complete with a walk-in closet, and an en-suite bathroom. Step out to an inground pool in back yard! Hurry, this won't last long!

  4. 2025-04-09
    price $222,600 309-char remark
    Show marketing remark (309 chars)

    Come see this charming 4 bedroom, 2 bathroom home now on the market! Fully equipped eat-in kitchen with stylish tile back-splash and a breakfast bar. Relax in your primary suite, complete with a walk-in closet, and an en-suite bathroom. Step out to an inground pool in back yard! Hurry, this won't last long!

  5. 2025-03-07
    price $243,800 309-char remark
    Show marketing remark (309 chars)

    Come see this charming 4 bedroom, 2 bathroom home now on the market! Fully equipped eat-in kitchen with stylish tile back-splash and a breakfast bar. Relax in your primary suite, complete with a walk-in closet, and an en-suite bathroom. Step out to an inground pool in back yard! Hurry, this won't last long!

  6. 2025-01-20
    listed $265,000 New 309-char remark
    Show marketing remark (309 chars)

    Come see this charming 4 bedroom, 2 bathroom home now on the market! Fully equipped eat-in kitchen with stylish tile back-splash and a breakfast bar. Relax in your primary suite, complete with a walk-in closet, and an en-suite bathroom. Step out to an inground pool in back yard! Hurry, this won't last long!

  7. 2024-12-05
    soldstatus
  8. 2022-08-02
    soldstatus
  9. 2022-07-28
    soldstatus Sold 528-char remark
    Show marketing remark (528 chars)

    Come see this charming 4 bedroom, 2 bathroom home now on the market! Fully equipped eat-in kitchen includes updated counters, stylish tile back-splash, white cabinets, and breakfast bar. Discover a bright interior with neutral tile floors and plush carpet in all the right places. Relax in your primary suite, complete with a walk-in closet, and an en-suite bathroom. Step outside to your sparkling pool, host the next gathering here! Hurry, this won't last long! This home has been virtually staged to illustrate its potential.

  10. 2022-06-27
    status Pending 528-char remark
    Show marketing remark (528 chars)

    Come see this charming 4 bedroom, 2 bathroom home now on the market! Fully equipped eat-in kitchen includes updated counters, stylish tile back-splash, white cabinets, and breakfast bar. Discover a bright interior with neutral tile floors and plush carpet in all the right places. Relax in your primary suite, complete with a walk-in closet, and an en-suite bathroom. Step outside to your sparkling pool, host the next gathering here! Hurry, this won't last long! This home has been virtually staged to illustrate its potential.

  11. 2022-06-17
    price $223,000 528-char remark
    Show marketing remark (528 chars)

    Come see this charming 4 bedroom, 2 bathroom home now on the market! Fully equipped eat-in kitchen includes updated counters, stylish tile back-splash, white cabinets, and breakfast bar. Discover a bright interior with neutral tile floors and plush carpet in all the right places. Relax in your primary suite, complete with a walk-in closet, and an en-suite bathroom. Step outside to your sparkling pool, host the next gathering here! Hurry, this won't last long! This home has been virtually staged to illustrate its potential.

  12. 2022-06-03
    price $227,000 528-char remark
    Show marketing remark (528 chars)

    Come see this charming 4 bedroom, 2 bathroom home now on the market! Fully equipped eat-in kitchen includes updated counters, stylish tile back-splash, white cabinets, and breakfast bar. Discover a bright interior with neutral tile floors and plush carpet in all the right places. Relax in your primary suite, complete with a walk-in closet, and an en-suite bathroom. Step outside to your sparkling pool, host the next gathering here! Hurry, this won't last long! This home has been virtually staged to illustrate its potential.

  13. 2022-05-06
    price $231,000 528-char remark
    Show marketing remark (528 chars)

    Come see this charming 4 bedroom, 2 bathroom home now on the market! Fully equipped eat-in kitchen includes updated counters, stylish tile back-splash, white cabinets, and breakfast bar. Discover a bright interior with neutral tile floors and plush carpet in all the right places. Relax in your primary suite, complete with a walk-in closet, and an en-suite bathroom. Step outside to your sparkling pool, host the next gathering here! Hurry, this won't last long! This home has been virtually staged to illustrate its potential.

  14. 2022-04-22
    status Back on Market 528-char remark
    Show marketing remark (528 chars)

    Come see this charming 4 bedroom, 2 bathroom home now on the market! Fully equipped eat-in kitchen includes updated counters, stylish tile back-splash, white cabinets, and breakfast bar. Discover a bright interior with neutral tile floors and plush carpet in all the right places. Relax in your primary suite, complete with a walk-in closet, and an en-suite bathroom. Step outside to your sparkling pool, host the next gathering here! Hurry, this won't last long! This home has been virtually staged to illustrate its potential.

  15. 2022-04-13
    status Pending 528-char remark
    Show marketing remark (528 chars)

    Come see this charming 4 bedroom, 2 bathroom home now on the market! Fully equipped eat-in kitchen includes updated counters, stylish tile back-splash, white cabinets, and breakfast bar. Discover a bright interior with neutral tile floors and plush carpet in all the right places. Relax in your primary suite, complete with a walk-in closet, and an en-suite bathroom. Step outside to your sparkling pool, host the next gathering here! Hurry, this won't last long! This home has been virtually staged to illustrate its potential.

  16. 2022-04-08
    price $235,000 528-char remark
    Show marketing remark (528 chars)

    Come see this charming 4 bedroom, 2 bathroom home now on the market! Fully equipped eat-in kitchen includes updated counters, stylish tile back-splash, white cabinets, and breakfast bar. Discover a bright interior with neutral tile floors and plush carpet in all the right places. Relax in your primary suite, complete with a walk-in closet, and an en-suite bathroom. Step outside to your sparkling pool, host the next gathering here! Hurry, this won't last long! This home has been virtually staged to illustrate its potential.

  17. 2022-02-15
    listed $243,000 New 528-char remark
    Show marketing remark (528 chars)

    Come see this charming 4 bedroom, 2 bathroom home now on the market! Fully equipped eat-in kitchen includes updated counters, stylish tile back-splash, white cabinets, and breakfast bar. Discover a bright interior with neutral tile floors and plush carpet in all the right places. Relax in your primary suite, complete with a walk-in closet, and an en-suite bathroom. Step outside to your sparkling pool, host the next gathering here! Hurry, this won't last long! This home has been virtually staged to illustrate its potential.

  18. 2021-12-14
    soldstatus
  19. 2018-04-05
    soldstatus
  20. 2018-04-04
    soldstatus Sold
  21. 2018-03-22
    status Pending SB
  22. 2018-03-13
    historical Active Option
  23. 2018-02-24
    price $107,000
  24. 2018-02-06
    status Back on Market
  25. 2018-01-31
    historical Active Option
  26. 2018-01-20
    listed $110,000 New
  27. 2017-12-13
    historical
  28. 2017-10-31
    listed $142,000 New

ⓘ 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
$4,692 · $391/mo
Projected year-2 tax
$4,692 · $391/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 ≥111°F today · 23 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

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$21,600
− Mortgage interest
−$8,430
− Property taxes
−$4,692
− Insurance
−$752
− Repairs & maintenance
−$1,728
− Management
−$1,728
− Depreciation
−$4,378
Taxable loss
−$109
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$26
After-tax cash flow
$2,175/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
Pleasanton ISD
NCES district ID
4835190
Math proficiency
36% ▼ -2.00%
Reading proficiency
37% ▲ 4.00%
Median HH income
$53,885
Composite
31.97/100
National rank
#5843
State rank
#470 of 826 in TX

Livability — Pleasanton

Score
65/100
State rank
#679
US rank
#12731

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Pleasanton, TX

Population outlook (Atascosa County) Hauer SSP2

Today (2025)
57,233 people
By 2030
61,729 · +7.9%
By 2040
71,122 · +24.3%
By 2050
80,906 · +41.4%
By 2075
106,134 · +85.4%
By 2100
122,415 · +113.9%

Not yet ingested

Political lean
Race & ethnicity
Common origin
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

Price history

+6.0% since first listed
28 events — show timeline
  • 2026-01-10 Price Changed $150,500 LERA
  • 2025-06-14 Relisted LERA
  • 2025-04-20 Listing Removed LERA
  • 2025-04-09 Price Changed $222,600 LERA
  • 2025-03-07 Price Changed $243,800 LERA
  • 2025-01-20 Listed $265,000 LERA
  • 2024-12-05 Sold (Public Records) Public Records
  • 2022-08-02 Sold (Public Records) Public Records
  • 2022-07-28 Sold (MLS) LERA
  • 2022-06-27 Pending LERA
  • 2022-06-17 Price Changed $223,000 LERA
  • 2022-06-03 Price Changed $227,000 LERA
  • 2022-05-06 Price Changed $231,000 LERA
  • 2022-04-22 Relisted LERA
  • 2022-04-13 Pending LERA
  • 2022-04-08 Price Changed $235,000 LERA
  • 2022-02-15 Listed $243,000 LERA
  • 2021-12-14 Sold (Public Records) Public Records
  • 2018-04-05 Sold (Public Records) Public Records
  • 2018-04-04 Sold (MLS) LERA
  • 2018-03-22 Pending LERA
  • 2018-03-13 Contingent LERA
  • 2018-02-24 Price Changed $107,000 LERA
  • 2018-02-06 Relisted LERA
  • 2018-01-31 Contingent LERA
  • 2018-01-20 Listed $110,000 LERA
  • 2017-12-13 Listing Removed LERA
  • 2017-10-31 Listed $142,000 LERA

Property tax history

+5.2%/yr

Latest (2025): $4,692 · +1.3% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…