708 Belmont St St · Texarkana, AR 71854

$12,000

2 bd · 1.0 ba · 936 sqft · SingleFamily public records · 23 Days on market

Built 1945 5,662 sqft lot ↓ 8% since listing

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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).

• Cash flow +15.0/30.0
• ARV discount +7.5/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.1/10.0
• Appreciation +0.0/10.0

Listing remarks

Bungalow Fixer. .. Bring your hammer and a new vision for what this once cute cottage could become again. Nice open living dining and kitchen, lovely covered front porch. Two bedrooms. This one will need a bit of everything. .. but its in a very convenient location! Being sold as-is.

Key facts

• Covered front porch
• Convenient location
• 5,662 sq ft lot

Tags

• OPEN LIVING DINING KITCHEN
• COVERED FRONT PORCH
• CONVENIENT LOCATION

Property features AI

Finance

• Financial info: Cash financing accepted

Exterior

• Parking: Carport for 1 car
• Utilities: Public sewer; Public water; Municipal electric (Entergy)
• Home design: Wood exterior
• Construction: Crawl space and pier foundation; Other roof (see remarks)
• Exterior features: Covered porch; Paved road access; Level lot

Interior

• Flooring: Carpet; Vinyl
• Bathrooms: 1 full bathroom
• Heating & cooling: No heating; No cooling
• Interior features: Carpet and vinyl flooring

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $12k.

Deal economics

• At list price, monthly cash flow is $753 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $12k).
• Recommended offer: $12k (1.5% below list) — sets the bar for market timing.
• Cap rate 81.5% vs local median 4.5% in Texarkana — 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 64/100 on livability (#177 in AR) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A-; Watch: crime F, amenities F, commute F.
• Texarkana School District (suburban): math 27% / reading 24% proficiency, ranked #181 of 238 in AR (top 76%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 64% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Edward D. Trice Elem. School (math 35% / reading 27%, grade F, #297 of 454 statewide, top 65%, 476 students, 100% FRL); Arkansas Middle School (906 students, 100% FRL); Arkansas High School (math 16% / reading 25%, grade F, #233 of 292 statewide, top 80%, 1,060 students, 100% FRL) — zoned schools average 100% FRL vs 64% district-wide (36 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 276 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 21 units permitted in Miller County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $83 of loan paydown is wiped out by about $360 of value loss. Plan a longer hold.
• Miller County population projected to shrink 7% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $3k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• It's been on market 23 days — a 2% lower offer ($12k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: property tax is 2.5% of price; built in 1945 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $11,820 (1.5% below list)

Questions for the listing agent

1. Built in 1945 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
5. 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?
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: 8.92% ✓
• Cap rate: 81.54%
• Cash-on-cash: 268.76%
• DSCR: 12.96
• GRM: 0.9

CMA / ARV

• ARV (on-the-fly): $113,256
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1421 Linden Ave	0.68mi	2/1.0	900 (-4%)	1mo	$109,000	$121	61

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: —
• Equity multiple: 14.69×
• Total profit: $46,006
• Equity at exit: $1,789

10-year hold

• IRR: —
• Equity multiple: 31.32×
• Total profit: $101,868
• Equity at exit: $1,038

Cash invested: $3,360 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 92 Strongly Landlord-Friendly
• State Arkansas: 92 Strongly Landlord-Friendly · R+14
• County: — inherits STATE
• City: — inherits STATE

Only US state where non-payment is criminal. Strongly landlord-favorable; very few tenant protections.

Methodology + full state rankings →

ZIP-level market 71854

• Home prices YoY: -16.9%
• Active inventory: 276
• Price-to-rent: 0.9×

Monthly cashflow live

• Estimated rent: $1,071 medium
• Mortgage (P&I): −$63
• Tax from tax record: −$25 /mo · $304/yr
• Insurance: −$5
• HOA: −$0
• Vacancy / Maint / Mgmt: −$225
• Net cashflow: $753

Break-even live

Break-even rent $118

Max offer price $12,000

Occupancy floor 25%

Sensitivity live

Price	-10% $759	-5% $756	+0% $753	+5% $749	+10% $746
Rent	-10% $668	-5% $710	+0% $753	+5% $795	+10% $837
Rate	-1.0pp $759	-0.5pp $756	base $753	+0.5pp $749	+1.0pp $746

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

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2403 Division St Texarkana, AR	2.0	1.0	715	$749	$1.05	45d	1	0.94mi
2400 Brookridge Dr Texarkana, AR	2.0–3.0	1.0–2.0	1000	$750	$0.75	45d	3	1.23mi

Listing history 19 events

1. 2026-06-21
   days on market $12,000 Active 23 DOM
2. 2026-06-19
   statusdays on market $12,000 Active 21 DOM
3. 2026-06-18
   days on market $12,000 Price Change 20 DOM
4. 2026-06-17
   days on market $12,000 Price Change 19 DOM
5. 2026-06-16
   days on market $12,000 Price Change 18 DOM
6. 2026-06-15
   days on market $12,000 Price Change 17 DOM
7. 2026-06-14
   days on market $12,000 Price Change 15 DOM
8. 2026-06-13
   pricedays on market $12,000 Price Change 14 DOM
9. 2026-06-10
   days on market $15,000 Price Change 12 DOM
10. 2026-06-09
    days on market $15,000 Price Change 11 DOM
11. 2026-06-08
    days on market $15,000 Price Change 10 DOM
12. 2026-06-07
    pricestatusdays on market $15,000 Price Change 9 DOM
13. 2026-06-05
    days on market $23,000 New Listing 6 DOM
14. 2026-06-03
    days on market $23,000 New Listing 5 DOM
15. 2026-06-02
    days on market $23,000 New Listing 4 DOM
16. 2026-06-01
    days on market $23,000 New Listing 3 DOM
17. 2026-05-31
    days on market $23,000 New Listing 2 DOM
18. 2026-05-29
    listed $23,000 New Listing
19. 2026-03-03
    price $25,000

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

Tax reassessment forecast AR · Resets to sale price

• Current annual tax: $304 · $25/mo
• Projected year-2 tax: $304 · $25/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 1/10 Low
• 🌡 Heat 7/10 Severe 7 d/yr ≥112°F today · 22 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 22% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $12,847
• − Mortgage interest: −$672
• − Property taxes: −$304
• − Insurance: −$60
• − Repairs & maintenance: −$1,028
• − Management: −$1,028
• − Depreciation: −$349
• Taxable income: $9,406
• Est. tax owed @ 24.0%: −$2,258
• After-tax cash flow: $6,773/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: Texarkana School District
• NCES district ID: 0513110
• Math proficiency: 27% ▼ -12.00%
• Reading proficiency: 24% ▼ -9.00%
• Median HH income: $39,320
• Composite: 21.47/100
• National rank: #8332
• State rank: #181 of 238 in AR

Livability — Texarkana

• Score: 64/100
• State rank: #177
• US rank: #14514

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Texarkana, AR
• County: Miller County · 35,720 people
• City population: 35,720
• Metro: Texarkana, TX-AR
• Population (ZIP): 35,720
• Household income: $46,878
• Rent vs Own: 38.6% rent · 61.4% own
• Severe rent burden: 1388.0

Population outlook (Miller County) Hauer SSP2

• Today (2025): 44,197 people
• By 2030: 43,844 · -0.8%
• By 2040: 42,680 · -3.4%
• By 2050: 41,024 · -7.2%
• By 2075: 35,685 · -19.3%
• By 2100: 28,325 · -35.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority White (62%)
• Race & ethnicity: White 62% Black 30% Hispanic / Latino 4% Two or more races 3%
• Common ancestry: Lithuanian 1% Slovak 1%
• Foreign-born: 2% · Canada
• Languages at home: 98% English-only · Spanish 2%

Political lean MEDSL · Miller

• 2024 margin: Solid R (+51.1) · D 23.9% · R 74.9% · Other 1.2%
• 2008→2024 swing: -17.6pp toward R · 2008: -33.5pp · 2024: -51.1pp
• All cycles: 2024: R+51.1 2020: R+46.4 2016: R+43.8 2012: R+39.8 2008: R+33.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -40.00%
• Current HPI: 196.7615
• Rent YoY: —
• Metro: Texarkana, TX-AR
• State GDP YoY: ▲ 3.80%
• F500 in state: 10

Industry mix (Fortune 500 HQ in AR)

Industry	F500 HQs	Revenue
▸Retail	1	$681B
▸Food / Agriculture	1	$53B
▸Retail / Energy	1	$22B
▸Transportation / Logistics	1	$12B
▸Energy	1	$4B

Price history

-8.0% since first listed

2 events — show timeline

• 2026-05-29 Listed $23,000 CARMLS
• 2026-03-03 Price Changed $25,000 TBOR

Property tax history

+2.8%/yr

Latest (2025): $304 · +10.0% YoY. Source: county tax records.