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Hawking Plan 🏗️ New Construction
F Composite 29.72
Why this score? — see what drove the F 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 +7.5/15.0
  • Cash flow +6.2/30.0
  • Schools +4.6/10.0
  • Livability +4.0/5.0
  • Rent growth +2.9/5.0
  • Condition / age +2.5/5.0
  • 1% rule +1.5/10.0
  • DSCR +0.5/10.0
  • Appreciation +0.0/10.0

$331,990

Hawking Plan · Fort Worth, TX 76179
3 bd · 2.0 ba · 1,761 sqft · SingleFamily · 345 Days on market
↓ 11% since listing

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Entering from the front porch, you step into the foyer, where two bedrooms greet you at the front of the home-each featuring a walk-in closet and sharing a full bath. As you continue down the hallway, you'll pass a coat closet, the laundry room, and access to the two-car garage. The layout then opens into the kitchen, family room, and dining area, creating a welcoming space for everyday living. A covered porch is located just off the dining area, offering a great spot for outdoor relaxation. Tucked off the family room is the primary bedroom, complete with a walk-in closet and private primary bath.

Key facts

  • Private backyard
  • All new appliances
  • Granite countertops

Tags

PRIVATE BACKYARDOPEN KITCHENGRANITE COUNTERTOPSALL NEW APPLIANCES

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…
🏗️ New construction. The $331,990 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $391,788.

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath single-family listed at $332k.

Deal economics

  • At list price, monthly cash flow is $-710 ($-9k/yr) — negative.
  • To cash-flow at today's rent, offer at most $289k (12.9% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $253k (23.8% below list).
  • Recommended offer: $253k (23.8% below list) — sets the bar for 1% rule.

Location & tenants

  • Location reads 80/100 on livability (#49 in TX, #1,954 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, cost of living A+, housing A+; Watch: crime F.
  • Northwest ISD (rural): math 48% / reading 52% proficiency, ranked #120 of 826 in TX (top 14%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
  • Zoned schools: Carl E Schluter El (math 48% / reading 55%, grade C-, #808 of 4,322 statewide, top 19%, 701 students, 16% FRL); Chisholm Trail Middle (math 39% / reading 35%, grade F, #756 of 1,662 statewide, top 47%, 684 students, 51% FRL); V R Eaton H S (math 48% / reading 62%, grade C, #373 of 1,632 statewide, top 23%, 3,273 students, 0% FRL) — zoned schools at 22% FRL track the district average.
  • Market conditions: Rents rising (+1.5%/yr); 1074 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals leasing fast (median 9d on market — plan ~1-2 weeks tenant-placement turnaround); 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 $3k of loan paydown is wiped out by about $12k 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 345 days — a 12% lower offer ($292k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

  • Climate carrying-cost: moderate wildfire risk; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $252,892 (23.8% 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 345 days. Have you received any prior offers? Is the seller open to a 24% concession, seller financing, or rate buy-down credit?
  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. 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?
  6. 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?
  7. 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?
  8. 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.
  9. 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.
  10. 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
0.65%
Cap rate
4.12%
Cash-on-cash
-7.76%
DSCR
0.65
GRM
12.9

CMA / ARV

ARV (median comp)
$391,788
List price
$331,990
Delta
-15.26%
Verdict
UNDERPRICED
Comps
12 within 1.0 mi
Show comp detail 6 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
12737 Big Rnch 0.05mi 4/2.0 (+1) 1,827 (+4%) 1mo $347,990 $190 85
12748 Haymarket 0.08mi 3/2.0 1,636 (-7%) 2mo $302,490 $185 83
12641 Big Ranch Rd 0.15mi 3/2.0 1,636 (-7%) 5mo $317,990 $194 77
12637 Big Ranch Rd 0.16mi 4/2.0 (+1) 1,827 (+4%) 6mo $302,000 $165 76
2640 Comanche Moon Dr 0.52mi 3/2.0 1,908 (+8%) 23mo $550,000 $288 43
12540 Park Ridge Trl 0.55mi 3/2.0 2,005 (+14%) 23mo $615,000 $307 32

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 · 1.51% rent growth · sell at horizon

5-year hold
IRR
-31.5%
Equity multiple
-0.02×
Total profit
$-112,387
Equity at exit
$58,417
10-year hold
IRR
-44.3%
Equity multiple
-0.56×
Total profit
$-170,792
Equity at exit
$33,875

Cash invested: $109,701 (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 76179

Rents YoY
1.5%
Active inventory
1074
Price-to-rent
10.9×

Monthly cashflow live

Estimated rent
$2,529 high interval (Pro) →
Mortgage (P&I)
$2,055
Tax est. 1.5%
$490 /mo · $5,877/yr
Insurance
$163
HOA
$0
Vacancy / Maint / Mgmt
$531
Net cashflow
$-710

Break-even live

Break-even rent $3,427
Max offer price $289,092
Occupancy floor

Sensitivity live

Price -10% $-439 -5% $-574 +0% $-710 +5% $-845 +10% $-980
Rent -10% $-909 -5% $-810 +0% $-710 +5% $-610 +10% $-510
Rate -1.0pp $-512 -0.5pp $-610 base $-710 +0.5pp $-811 +1.0pp $-915

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
$97,947
Closing costs
$11,754
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 11 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
12737 Big Ranch Rd Fort Worth, TX 4.0 2.0 1827 $2,499 $1.37 0d 1 0.08mi
12733 Big Ranch Rd Fort Worth, TX 3.0 2.0 1636 $2,599 $1.59 45d 1 0.09mi
12720 Haymarket Rd Fort Worth, TX 4.0 2.0 2401 $2,505 $1.04 0d 1 0.13mi
13000 N Saginaw Blvd Fort Worth, TX 1.0–3.0 1.0–2.5 1061 $2,521 $2.38 0d 13 0.38mi
12356 Hulson Trl Haslet, TX 4.0 2.0 2221 $2,600 $1.17 0d 1 1.36mi
12356 Hulson Trl Haslet, TX 4.0 2.0 2221 $2,600 $1.17 13d 1 1.36mi
12424 Iveson Dr Haslet, TX 3.0 2.0 1902 $2,445 $1.29 45d 1 1.43mi
12405 Iveson Dr Haslet, TX 4.0 3.5 2531 $3,099 $1.22 0d 1 1.46mi
1637 Shadow Hawk Dr Haslet, TX 3.0 2.0 1514 $1,995 $1.32 20d 1 1.47mi
1540 Western Willow Dr Haslet, TX 4.0 2.0 1788 $1,694 $0.95 26d 1 1.48mi
12376 Iveson Dr Haslet, TX 3.0 2.0 1883 $2,525 $1.34 9d 1 1.49mi

Listing history 24 events

  1. 2026-06-22
    days on market $331,990 Active 345 DOM
  2. 2026-06-18
    days on market $331,990 Active 342 DOM
  3. 2026-06-17
    days on market $331,990 Active 341 DOM
  4. 2026-06-16
    days on market $331,990 Active 340 DOM
  5. 2026-06-15
    days on market $331,990 Active 339 DOM
  6. 2026-06-13
    days on market $331,990 Active 337 DOM
  7. 2026-06-09
    days on market $331,990 Active 333 DOM
  8. 2026-06-08
    days on market $331,990 Active 332 DOM
  9. 2026-06-07
    days on market $331,990 Active 331 DOM
  10. 2026-06-04
    days on market $331,990 Active 328 DOM
  11. 2026-06-03
    days on market $331,990 Active 327 DOM
  12. 2026-06-02
    days on market $331,990 Active 326 DOM
  13. 2026-06-01
    days on market $331,990 Active 325 DOM
  14. 2026-05-31
    days on market $331,990 Active 324 DOM
  15. 2026-04-03
    price $331,990 604-char remark
    Show marketing remark (604 chars)

    Entering from the front porch, you step into the foyer, where two bedrooms greet you at the front of the home-each featuring a walk-in closet and sharing a full bath. As you continue down the hallway, you'll pass a coat closet, the laundry room, and access to the two-car garage. The layout then opens into the kitchen, family room, and dining area, creating a welcoming space for everyday living. A covered porch is located just off the dining area, offering a great spot for outdoor relaxation. Tucked off the family room is the primary bedroom, complete with a walk-in closet and private primary bath.

  16. 2026-01-21
    price $329,990 604-char remark
    Show marketing remark (604 chars)

    Entering from the front porch, you step into the foyer, where two bedrooms greet you at the front of the home-each featuring a walk-in closet and sharing a full bath. As you continue down the hallway, you'll pass a coat closet, the laundry room, and access to the two-car garage. The layout then opens into the kitchen, family room, and dining area, creating a welcoming space for everyday living. A covered porch is located just off the dining area, offering a great spot for outdoor relaxation. Tucked off the family room is the primary bedroom, complete with a walk-in closet and private primary bath.

  17. 2026-01-03
    price $328,990 604-char remark
    Show marketing remark (604 chars)

    Entering from the front porch, you step into the foyer, where two bedrooms greet you at the front of the home-each featuring a walk-in closet and sharing a full bath. As you continue down the hallway, you'll pass a coat closet, the laundry room, and access to the two-car garage. The layout then opens into the kitchen, family room, and dining area, creating a welcoming space for everyday living. A covered porch is located just off the dining area, offering a great spot for outdoor relaxation. Tucked off the family room is the primary bedroom, complete with a walk-in closet and private primary bath.

  18. 2025-12-03
    price $327,990 604-char remark
    Show marketing remark (604 chars)

    Entering from the front porch, you step into the foyer, where two bedrooms greet you at the front of the home-each featuring a walk-in closet and sharing a full bath. As you continue down the hallway, you'll pass a coat closet, the laundry room, and access to the two-car garage. The layout then opens into the kitchen, family room, and dining area, creating a welcoming space for everyday living. A covered porch is located just off the dining area, offering a great spot for outdoor relaxation. Tucked off the family room is the primary bedroom, complete with a walk-in closet and private primary bath.

  19. 2025-10-31
    price $326,990 604-char remark
    Show marketing remark (604 chars)

    Entering from the front porch, you step into the foyer, where two bedrooms greet you at the front of the home-each featuring a walk-in closet and sharing a full bath. As you continue down the hallway, you'll pass a coat closet, the laundry room, and access to the two-car garage. The layout then opens into the kitchen, family room, and dining area, creating a welcoming space for everyday living. A covered porch is located just off the dining area, offering a great spot for outdoor relaxation. Tucked off the family room is the primary bedroom, complete with a walk-in closet and private primary bath.

  20. 2025-10-30
    price $336,990 604-char remark
    Show marketing remark (604 chars)

    Entering from the front porch, you step into the foyer, where two bedrooms greet you at the front of the home-each featuring a walk-in closet and sharing a full bath. As you continue down the hallway, you'll pass a coat closet, the laundry room, and access to the two-car garage. The layout then opens into the kitchen, family room, and dining area, creating a welcoming space for everyday living. A covered porch is located just off the dining area, offering a great spot for outdoor relaxation. Tucked off the family room is the primary bedroom, complete with a walk-in closet and private primary bath.

  21. 2025-10-30
    price $326,990 604-char remark
    Show marketing remark (604 chars)

    Entering from the front porch, you step into the foyer, where two bedrooms greet you at the front of the home-each featuring a walk-in closet and sharing a full bath. As you continue down the hallway, you'll pass a coat closet, the laundry room, and access to the two-car garage. The layout then opens into the kitchen, family room, and dining area, creating a welcoming space for everyday living. A covered porch is located just off the dining area, offering a great spot for outdoor relaxation. Tucked off the family room is the primary bedroom, complete with a walk-in closet and private primary bath.

  22. 2025-09-24
    price $336,990 604-char remark
    Show marketing remark (604 chars)

    Entering from the front porch, you step into the foyer, where two bedrooms greet you at the front of the home-each featuring a walk-in closet and sharing a full bath. As you continue down the hallway, you'll pass a coat closet, the laundry room, and access to the two-car garage. The layout then opens into the kitchen, family room, and dining area, creating a welcoming space for everyday living. A covered porch is located just off the dining area, offering a great spot for outdoor relaxation. Tucked off the family room is the primary bedroom, complete with a walk-in closet and private primary bath.

  23. 2025-08-15
    price $356,990 604-char remark
    Show marketing remark (604 chars)

    Entering from the front porch, you step into the foyer, where two bedrooms greet you at the front of the home-each featuring a walk-in closet and sharing a full bath. As you continue down the hallway, you'll pass a coat closet, the laundry room, and access to the two-car garage. The layout then opens into the kitchen, family room, and dining area, creating a welcoming space for everyday living. A covered porch is located just off the dining area, offering a great spot for outdoor relaxation. Tucked off the family room is the primary bedroom, complete with a walk-in closet and private primary bath.

  24. 2025-07-12
    listed $371,990 Active 604-char remark
    Show marketing remark (604 chars)

    Entering from the front porch, you step into the foyer, where two bedrooms greet you at the front of the home-each featuring a walk-in closet and sharing a full bath. As you continue down the hallway, you'll pass a coat closet, the laundry room, and access to the two-car garage. The layout then opens into the kitchen, family room, and dining area, creating a welcoming space for everyday living. A covered porch is located just off the dining area, offering a great spot for outdoor relaxation. Tucked off the family room is the primary bedroom, complete with a walk-in closet and private primary bath.

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

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 5/10 Major
  • 🌡 Heat 7/10 Severe 7 d/yr ≥109°F today · 22 d/yr by 30 yrs out
  • 💨 Wind 4/10 Moderate 24% chance of damaging wind over 30 yrs
  • 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$30,347
− Mortgage interest
−$21,946
− Property taxes
−$5,877
− Insurance
−$1,959
− Repairs & maintenance
−$2,428
− Management
−$2,428
− Depreciation
−$11,397
Taxable loss
−$15,688
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$3,765
After-tax cash flow
$-4,751/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
Northwest ISD
NCES district ID
4833180
Math proficiency
48% ▼ -15.00%
Reading proficiency
52% ▼ -8.00%
Median HH income
$85,315
Composite
46.15/100
National rank
#2504
State rank
#120 of 826 in TX

Livability — Fort Worth

Score
80/100
State rank
#49
US rank
#1954

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Fort Worth, TX
County
Tarrant County · 2,033,669 people
City population
40,936
Metro
Dallas-Fort Worth-Arlington, TX
Population (ZIP)
80,090
Household income
$107,428
Rent vs Own
20.9% rent · 79.1% own
Severe rent burden
1494.0

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 0.63)
Race & ethnicity
White 53% Hispanic / Latino 28% Two or more races 14% Black 12% Asian 4%
Hispanic origin (detail)
Mexican 22% Puerto Rican 2%
Common ancestry
Slovak 2% Lithuanian 2% Italian 1%
Foreign-born
8% · Canada, Jamaica
Languages at home
81% English-only · Spanish 15% Other Asian/Pacific 2% Other Indo-European 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
▼ -137.12%
Current HPI
237.6676
Rent YoY
▲ 1.51%
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

Price history

-10.8% since first listed
10 events — show timeline
  • 2026-04-03 Price Changed $331,990 Zillow
  • 2026-01-21 Price Changed $329,990 Zillow
  • 2026-01-03 Price Changed $328,990 Zillow
  • 2025-12-03 Price Changed $327,990 Zillow
  • 2025-10-31 Price Changed $326,990 Zillow
  • 2025-10-30 Price Changed $336,990 Zillow
  • 2025-10-30 Price Changed $326,990 Zillow
  • 2025-09-24 Price Changed $336,990 Zillow
  • 2025-08-15 Price Changed $356,990 Zillow
  • 2025-07-12 Listed $371,990 Zillow

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…