358 S Chambers Ave · Emhouse, TX 75110

$164,000

3 bd · 2.0 ba · 1,456 sqft · SingleFamily public records · 97 Days on market

Built 1983 0.31 ac lot $113/sqft · 22% below area Est $211k · 22% under ↓ 9% since listing

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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 +17.2/30.0
• ARV discount +15.0/15.0
• DSCR +5.4/10.0
• 1% rule +4.1/10.0
• Schools +3.5/10.0
• Livability +2.6/5.0
• Condition / age +2.5/5.0
• Rent growth +2.1/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

358 S Chambers Ave Corsicana, TX Fully remodeled and move-in ready! This updated 3 bed, 2 bath home sits on a large lot and blends country charm with modern upgrades. Features include fresh paint inside & out, luxury vinyl plank flooring, updated lighting, and a bright open layout. The kitchen offers new countertops while both bathrooms showcase renovated finishes and tiled walk-in showers. The primary suite includes a spa-style shower with body sprayer for a luxury touch. Enjoy peaceful, friendly community living with all the upgrades done for you. Move-in ready Schedule your tour today

Key facts

• Fully remodeled
• Clean curb appeal
• Modern upgrades

Tags

• FULLY REMODELED
• MOVE IN READY
• MODERN UPGRADES
• FRESH EXTERIOR PAINT
• CLEAN CURB APPEAL
• LUXURY VINYL PLANK FLOORING

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $164k.

Deal economics

• At list price, monthly cash flow is $118 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $148k (9.5% below list).
• Recommended offer: $148k (9.5% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 51/100 on livability (#1,481 in TX) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, crime A; Watch: employment D+, schools F, amenities F.
• Blooming Grove ISD (rural): math 39% / reading 43% proficiency, ranked #366 of 826 in TX (top 44%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents soft (-1.5%/yr); 268 active listings in the ZIP; 522 units permitted in Navarro County in 2024 (0 in 5+ unit buildings).
• This rent runs 31% of the median local income ($57k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Navarro County population projected to shrink 4% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• It's been on market 97 days — a 9% lower offer ($149k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 3y ago; this cycle's ask has dropped $31k (16%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 70% 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 $148,451 (9.5% below list)

Questions for the listing agent

1. It's been on market 97 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
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: 0.91% ✗
• Cap rate: 7.15%
• Cash-on-cash: 3.08%
• DSCR: 1.14
• GRM: 9.2

CMA / ARV

• ARV (median comp): $210,839
• List price: $164,000
• Delta: -22.22%
• Verdict: UNDERPRICED
• Comps: 3 within 1.0 mi

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
265 N Trinity Ave	0.31mi	3/2.0	1,520 (+4%)	2mo	$230,000	$151	77
503 N Hopkins Ave	0.25mi	3/2.0	1,400 (-4%)	12mo	$198,800	$142	72

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -14.7%
• Equity multiple: 0.49×
• Total profit: $-23,452
• Equity at exit: $24,453

10-year hold

• IRR: -11.6%
• Equity multiple: 0.40×
• Total profit: $-27,683
• Equity at exit: $14,180

Cash invested: $45,920 (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 75110

• Rents YoY: -1.5%
• Active inventory: 268
• Price-to-rent: 9.2×

Monthly cashflow live

• Estimated rent: $1,485 medium
• Mortgage (P&I): −$860
• Tax from tax record: −$127 /mo · $1,520/yr
• Insurance: −$68
• HOA: −$0
• Vacancy / Maint / Mgmt: −$312
• Net cashflow: $118

Break-even live

Break-even rent $1,335

Max offer price $164,000

Occupancy floor 87%

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: $41,000
• Closing costs: $4,920
• Reserves months: —
• Total cash needed: —

Listing history 17 events

1. 2026-06-03
   days on market $164,000 Active 97 DOM
2. 2026-06-02
   days on market $164,000 Active 96 DOM
3. 2026-06-01
   days on market $164,000 Active 95 DOM
4. 2026-05-31
   days on market $164,000 Active 94 DOM
5. 2026-04-29
   price $164,000 611-char remark

   Show marketing remark (611 chars)

   358 S Chambers Ave Corsicana, TX Fully remodeled and move-in ready! This updated 3 bed, 2 bath home sits on a large lot and blends country charm with modern upgrades. Features include fresh paint inside & out, luxury vinyl plank flooring, updated lighting, and a bright open layout. The kitchen offers new countertops while both bathrooms showcase renovated finishes and tiled walk-in showers. The primary suite includes a spa-style shower with body sprayer for a luxury touch. Enjoy peaceful, friendly community living with all the upgrades done for you. Move-in ready Schedule your tour today

6. 2026-04-08
   price $169,900 611-char remark

   Show marketing remark (611 chars)

   358 S Chambers Ave Corsicana, TX Fully remodeled and move-in ready! This updated 3 bed, 2 bath home sits on a large lot and blends country charm with modern upgrades. Features include fresh paint inside & out, luxury vinyl plank flooring, updated lighting, and a bright open layout. The kitchen offers new countertops while both bathrooms showcase renovated finishes and tiled walk-in showers. The primary suite includes a spa-style shower with body sprayer for a luxury touch. Enjoy peaceful, friendly community living with all the upgrades done for you. Move-in ready Schedule your tour today

7. 2026-03-25
   price $184,900 611-char remark

   Show marketing remark (611 chars)

   358 S Chambers Ave Corsicana, TX Fully remodeled and move-in ready! This updated 3 bed, 2 bath home sits on a large lot and blends country charm with modern upgrades. Features include fresh paint inside & out, luxury vinyl plank flooring, updated lighting, and a bright open layout. The kitchen offers new countertops while both bathrooms showcase renovated finishes and tiled walk-in showers. The primary suite includes a spa-style shower with body sprayer for a luxury touch. Enjoy peaceful, friendly community living with all the upgrades done for you. Move-in ready Schedule your tour today

8. 2026-03-11
   price $189,000 611-char remark

   Show marketing remark (611 chars)

   358 S Chambers Ave Corsicana, TX Fully remodeled and move-in ready! This updated 3 bed, 2 bath home sits on a large lot and blends country charm with modern upgrades. Features include fresh paint inside & out, luxury vinyl plank flooring, updated lighting, and a bright open layout. The kitchen offers new countertops while both bathrooms showcase renovated finishes and tiled walk-in showers. The primary suite includes a spa-style shower with body sprayer for a luxury touch. Enjoy peaceful, friendly community living with all the upgrades done for you. Move-in ready Schedule your tour today

9. 2026-02-26
   listed $195,000 Active 611-char remark

   Show marketing remark (611 chars)

   358 S Chambers Ave Corsicana, TX Fully remodeled and move-in ready! This updated 3 bed, 2 bath home sits on a large lot and blends country charm with modern upgrades. Features include fresh paint inside & out, luxury vinyl plank flooring, updated lighting, and a bright open layout. The kitchen offers new countertops while both bathrooms showcase renovated finishes and tiled walk-in showers. The primary suite includes a spa-style shower with body sprayer for a luxury touch. Enjoy peaceful, friendly community living with all the upgrades done for you. Move-in ready Schedule your tour today

10. 2025-11-24
    soldstatus
11. 2024-02-23
    historical
12. 2023-08-28
    listed $179,999 Active
13. 2018-01-22
    soldstatus
14. 1988-03-01
    soldstatus
15. 1984-01-25
    soldstatus
16. 1982-04-02
    soldstatus
17. 1976-06-19
    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: $1,520 · $127/mo
• Projected year-2 tax: $3,001 · $250/mo
• Expected delta: +$1,481/yr (+$123/mo · 97.5%)

ⓘ 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 7/10 Severe
• 🌡 Heat 7/10 Severe 7 d/yr ≥110°F today · 25 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 70% 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: $17,814
• − Mortgage interest: −$9,187
• − Property taxes: −$1,520
• − Insurance: −$820
• − Repairs & maintenance: −$1,425
• − Management: −$1,425
• − Depreciation: −$4,771
• Taxable loss: −$1,333
• Est. tax savings @ 24.0%: +$320
• After-tax cash flow: $1,733/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: Blooming Grove ISD
• NCES district ID: 4810470
• Math proficiency: 39% ▬ 0.00%
• Reading proficiency: 43% ▲ 6.00%
• Median HH income: $48,446
• Composite: 35.16/100
• National rank: #5004
• State rank: #366 of 826 in TX

Livability — Emhouse

• Score: 51/100
• State rank: #1481
• US rank: #25398

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Emhouse, TX
• County: Navarro County · 31,552 people
• Metro: Corsicana, TX
• Population (ZIP): 31,552
• Household income: $57,370
• Rent vs Own: 39.1% rent · 60.9% own
• Severe rent burden: 663.0

Population outlook (Navarro County) Hauer SSP2

• Today (2025): 48,397 people
• By 2030: 48,096 · -0.6%
• By 2040: 47,394 · -2.1%
• By 2050: 46,541 · -3.8%
• By 2075: 44,940 · -7.1%
• By 2100: 42,288 · -12.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.68)
• Race & ethnicity: White 41% Hispanic / Latino 37% Two or more races 16% Black 13% Pacific Islander 2% Asian 1%
• Hispanic origin (detail): Mexican 34%
• Common ancestry: Lithuanian 2% Slovak 1% Romanian 1%
• Foreign-born: 17% · Canada
• Languages at home: 68% English-only · Spanish 29% Other Asian/Pacific 2%

Political lean MEDSL · Navarro

• 2024 margin: Solid R (+51.8) · D 23.7% · R 75.6%
• 2008→2024 swing: -18.7pp toward R · 2008: -33.1pp · 2024: -51.8pp
• All cycles: 2024: R+51.8 2020: R+45.5 2016: R+48.8 2012: R+42.4 2008: R+33.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -248.01%
• Current HPI: 224.5566
• Rent YoY: ▼ -1.47%
• Metro: Corsicana, 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

-8.9% since first listed

13 events — show timeline

• 2026-04-29 Price Changed $164,000 NTREIS
• 2026-04-08 Price Changed $169,900 NTREIS
• 2026-03-25 Price Changed $184,900 NTREIS
• 2026-03-11 Price Changed $189,000 NTREIS
• 2026-02-26 Listed $195,000 NTREIS
• 2025-11-24 Sold (Public Records) — Public Records
• 2024-02-23 Listing Removed — NTREIS
• 2023-08-28 Listed $179,999 NTREIS
• 2018-01-22 Sold (Public Records) — Public Records
• 1988-03-01 Sold (Public Records) — Public Records
• 1984-01-25 Sold (Public Records) — Public Records
• 1982-04-02 Sold (Public Records) — Public Records
• 1976-06-19 Sold (Public Records) — Public Records

Property tax history

+3.7%/yr

Latest (2025): $1,520 · +41.2% YoY. Source: county tax records.