107 S Flower Ln · Chico, TX 76431

$180,000

3 bd · 2.0 ba · 1,231 sqft · SingleFamily public records · 42 Days on market

Built 1960 8,799 sqft lot $146/sqft · 14% below area Est $208k · 14% under

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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 +16.2/30.0
• ARV discount +13.6/15.0
• DSCR +5.0/10.0
• 1% rule +4.4/10.0
• Schools +3.4/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Come see this 3 bed, 2 bath home in Chico! Pretty laminate wood floors in the kitchen and bathrooms. Bathrooms also feature lovely framed mirrors and plenty of wood cabinetry for storage! The eat-in kitchen is bright and airy and has a SS dishwasher. All bedrooms have windows for great natural light and the master has an en-suite bath! Don't miss the large backyard and beautiful mature tree on this corner lot! Close to downtown Chico with shopping and dining and less than 20 minutes to Decatur!

Key facts

• Spacious backyard
• Mature pecan tree
• Functional well

Tags

• STAINLESS STEEL APPLIANCES
• SPACIOUS BACKYARD
• MATURE PECAN TREE
• FUNCTIONAL WELL

Property features AI

Finance

• Other: No known restrictions; Survey available; Possession at closing/funding; Security cameras and TV mount excluded from sale
• Financial info: Accepts cash and conventional financing; Second mortgage: No
• HOA & community: No association

Exterior

• Parking: Covered parking space; Driveway; Detached garage (1-car) with attached garage noted
• Security: Audio and video surveillance present
• Utilities: City water; City sewer; Electric service; Municipal utility district: No
• Home design: Single-family residence; One story; Residential property; Preowned (built in 1960)
• Construction: Composition roof; Siding exterior; Pillar/post/pier foundation; Year built 1960
• Exterior features: Gutters; Private yard; Corner lot; Few trees; Subdivision setting; Wood fencing; Cleared and grassed vegetation

Interior

• Kitchen: Dishwasher; Electric oven; Electric range; Microwave; Refrigerator
• Bedrooms: 3 bedrooms (primary bedroom on main level)
• Flooring: Laminate
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning (electric)
• Interior features: Granite counters; Window coverings; One living area; One dining area; Two total rooms (listed)
• Laundry & utility: Full-size washer/dryer area; Washer hookup; Laundry area in kitchen

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $180k.

Deal economics

• At list price, monthly cash flow is $94 ($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 $170k (5.7% below list).
• Recommended offer: $170k (5.7% below list) — sets the bar for 1% rule.
• Cap rate 6.9% vs local median 2.7% in Chico — 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 68/100 on livability (#508 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A; Watch: health & safety C-, employment D+, amenities F.
• Chico ISD (rural): math 38% / reading 41% proficiency, ranked #424 of 826 in TX (top 51%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Chico El (math 37% / reading 42%, grade F, #1,545 of 4,322 statewide, top 38%, 263 students, 57% FRL) — zoned schools at 57% FRL track the district average.
• Market conditions: 136 active listings in the ZIP; 460 units permitted in Wise County in 2024 (243 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 $5k of value loss. Plan a longer hold.
• Wise County population projected at +27% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 42 days — a 3% lower offer ($175k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 8y ago 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: major wildfire risk; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $169,662 (5.7% below list)

Questions for the listing agent

1. It's been on market 42 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1960 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. 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: 0.94% ✗
• Cap rate: 6.92%
• Cash-on-cash: 2.25%
• DSCR: 1.10
• GRM: 8.8

CMA / ARV

• ARV (median comp): $208,264
• List price: $180,000
• Delta: -13.57%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
200 Walnut St	0.19mi	3/2.0	1,390 (+13%)	1mo	$273,000	$196	69
503 E Kentucky St	0.19mi	3/2.0	1,113 (-10%)	21mo	$238,700	$214	58
304 W Kentucky St	0.49mi	3/1.0	1,080 (-12%)	7mo	$29,500	$27	47

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: -12.7%
• Equity multiple: 0.54×
• Total profit: $-23,123
• Equity at exit: $26,839

10-year hold

• IRR: -3.7%
• Equity multiple: 0.76×
• Total profit: $-12,278
• Equity at exit: $15,563

Cash invested: $50,400 (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 76431

• Home prices YoY: -13.1%
• Active inventory: 136
• Price-to-rent: 8.8×

Monthly cashflow live

• Estimated rent: $1,697 medium
• Mortgage (P&I): −$944
• Tax from tax record: −$227 /mo · $2,723/yr
• Insurance: −$75
• HOA: −$0
• Vacancy / Maint / Mgmt: −$356
• Net cashflow: $94

Break-even live

Break-even rent $1,577

Max offer price $180,000

Occupancy floor 89%

Sensitivity live

Price	-10% $196	-5% $145	+0% $94	+5% $44	+10% $-7
Rent	-10% $-40	-5% $27	+0% $94	+5% $161	+10% $229
Rate	-1.0pp $185	-0.5pp $140	base $94	+0.5pp $48	+1.0pp $0

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: $45,000
• Closing costs: $5,400
• Reserves months: —
• Total cash needed: —

Listing history 27 events

1. 2026-06-18
   days on market $180,000 Active 42 DOM
2. 2026-06-17
   days on market $180,000 Active 41 DOM
3. 2026-06-16
   days on market $180,000 Active 40 DOM
4. 2026-06-15
   days on market $180,000 Active 39 DOM
5. 2026-06-13
   days on market $180,000 Active 37 DOM
6. 2026-06-13
   days on market $180,000 Active 36 DOM
7. 2026-06-09
   days on market $180,000 Active 33 DOM
8. 2026-06-08
   days on market $180,000 Active 32 DOM
9. 2026-06-07
   days on market $180,000 Active 31 DOM
10. 2026-06-04
    days on market $180,000 Active 28 DOM
11. 2026-06-03
    days on market $180,000 Active 27 DOM
12. 2026-06-02
    days on market $180,000 Active 26 DOM
13. 2026-06-01
    days on market $180,000 Active 25 DOM
14. 2026-05-31
    days on market $180,000 Active 24 DOM
15. 2026-05-06
    listed $180,000 Active 776-char remark
16. 2020-04-22
    soldstatus
17. 2020-03-27
    soldstatus Sold 499-char remark

    Show marketing remark (499 chars)

    Come see this 3 bed, 2 bath home in Chico! Pretty laminate wood floors in the kitchen and bathrooms. Bathrooms also feature lovely framed mirrors and plenty of wood cabinetry for storage! The eat-in kitchen is bright and airy and has a SS dishwasher. All bedrooms have windows for great natural light and the master has an en-suite bath! Don't miss the large backyard and beautiful mature tree on this corner lot! Close to downtown Chico with shopping and dining and less than 20 minutes to Decatur!

18. 2020-03-11
    status Pending 499-char remark

    Show marketing remark (499 chars)

    Come see this 3 bed, 2 bath home in Chico! Pretty laminate wood floors in the kitchen and bathrooms. Bathrooms also feature lovely framed mirrors and plenty of wood cabinetry for storage! The eat-in kitchen is bright and airy and has a SS dishwasher. All bedrooms have windows for great natural light and the master has an en-suite bath! Don't miss the large backyard and beautiful mature tree on this corner lot! Close to downtown Chico with shopping and dining and less than 20 minutes to Decatur!

19. 2020-03-02
    historical Active Option Contract 499-char remark

    Show marketing remark (499 chars)

    Come see this 3 bed, 2 bath home in Chico! Pretty laminate wood floors in the kitchen and bathrooms. Bathrooms also feature lovely framed mirrors and plenty of wood cabinetry for storage! The eat-in kitchen is bright and airy and has a SS dishwasher. All bedrooms have windows for great natural light and the master has an en-suite bath! Don't miss the large backyard and beautiful mature tree on this corner lot! Close to downtown Chico with shopping and dining and less than 20 minutes to Decatur!

20. 2020-02-22
    price $137,500 499-char remark

    Show marketing remark (499 chars)

    Come see this 3 bed, 2 bath home in Chico! Pretty laminate wood floors in the kitchen and bathrooms. Bathrooms also feature lovely framed mirrors and plenty of wood cabinetry for storage! The eat-in kitchen is bright and airy and has a SS dishwasher. All bedrooms have windows for great natural light and the master has an en-suite bath! Don't miss the large backyard and beautiful mature tree on this corner lot! Close to downtown Chico with shopping and dining and less than 20 minutes to Decatur!

21. 2020-02-05
    listed $140,000 Active 499-char remark

    Show marketing remark (499 chars)

    Come see this 3 bed, 2 bath home in Chico! Pretty laminate wood floors in the kitchen and bathrooms. Bathrooms also feature lovely framed mirrors and plenty of wood cabinetry for storage! The eat-in kitchen is bright and airy and has a SS dishwasher. All bedrooms have windows for great natural light and the master has an en-suite bath! Don't miss the large backyard and beautiful mature tree on this corner lot! Close to downtown Chico with shopping and dining and less than 20 minutes to Decatur!

22. 2018-04-02
    soldstatus
23. 2018-03-29
    soldstatus Sold

    Show marketing remark (541 chars)

    Charming 3 bedroom house on an oversized corner lot that has been fully remodeled, updated and is ready to call home!! From the exterior to the interior, this house has been completely revamped with a new roof, new HVAC system, new water heater, granite countertops, can lighting, and all new appliances. It provides a massive backyard for quality family time, cookouts, and family adventures. This property boasts all of the desirable home essentials and is located in a quaint community! There is also a water well located in the backyard.

24. 2018-03-07
    status Pending

    Show marketing remark (541 chars)

    Charming 3 bedroom house on an oversized corner lot that has been fully remodeled, updated and is ready to call home!! From the exterior to the interior, this house has been completely revamped with a new roof, new HVAC system, new water heater, granite countertops, can lighting, and all new appliances. It provides a massive backyard for quality family time, cookouts, and family adventures. This property boasts all of the desirable home essentials and is located in a quaint community! There is also a water well located in the backyard.

25. 2018-02-28
    historical Active Option Contract

    Show marketing remark (541 chars)

    Charming 3 bedroom house on an oversized corner lot that has been fully remodeled, updated and is ready to call home!! From the exterior to the interior, this house has been completely revamped with a new roof, new HVAC system, new water heater, granite countertops, can lighting, and all new appliances. It provides a massive backyard for quality family time, cookouts, and family adventures. This property boasts all of the desirable home essentials and is located in a quaint community! There is also a water well located in the backyard.

26. 2018-02-20
    listed $129,900 Active

    Show marketing remark (541 chars)

    Charming 3 bedroom house on an oversized corner lot that has been fully remodeled, updated and is ready to call home!! From the exterior to the interior, this house has been completely revamped with a new roof, new HVAC system, new water heater, granite countertops, can lighting, and all new appliances. It provides a massive backyard for quality family time, cookouts, and family adventures. This property boasts all of the desirable home essentials and is located in a quaint community! There is also a water well located in the backyard.

27. 2015-12-15
    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: $2,723 · $227/mo
• Projected year-2 tax: $3,294 · $274/mo
• Expected delta: +$571/yr (+$48/mo · 21.0%)

ⓘ 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 6/10 Major
• 🌡 Heat 6/10 Major 7 d/yr ≥110°F today · 21 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 16% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,359
• − Mortgage interest: −$10,083
• − Property taxes: −$2,723
• − Insurance: −$900
• − Repairs & maintenance: −$1,629
• − Management: −$1,629
• − Depreciation: −$5,236
• Taxable loss: −$1,840
• Est. tax savings @ 24.0%: +$442
• After-tax cash flow: $1,575/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: Chico ISD
• NCES district ID: 4813800
• Math proficiency: 38% ▼ -19.00%
• Reading proficiency: 41% ▼ -9.00%
• Median HH income: $48,546
• Composite: 33.94/100
• National rank: #5335
• State rank: #424 of 826 in TX

Livability — Chico

• Score: 68/100
• State rank: #508
• US rank: #10078

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Chico, TX
• Population (ZIP): 4,480

Population outlook (Wise County) Hauer SSP2

• Today (2025): 71,620 people
• By 2030: 75,858 · +5.9%
• By 2040: 83,908 · +17.2%
• By 2050: 90,717 · +26.7%
• By 2075: 107,583 · +50.2%
• By 2100: 114,996 · +60.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (82%)
• Race & ethnicity: White 82% Hispanic / Latino 15% Asian 2% Two or more races 2%
• Hispanic origin (detail): Mexican 14%
• Common ancestry: Slovak 4% Italian 1% Lithuanian 1%
• Foreign-born: 9% · Canada
• Languages at home: 87% English-only · Spanish 10% Other Indo-European 2%

Political lean MEDSL · Wise

• 2024 margin: Solid R (+70.0) · D 14.7% · R 84.7%
• 2008→2024 swing: -14.3pp toward R · 2008: -55.7pp · 2024: -70.0pp
• All cycles: 2024: R+70.0 2020: R+68.2 2016: R+69.9 2012: R+67.5 2008: R+55.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -33.62%
• Current HPI: 222.5575
• Rent YoY: —
• Metro: —
• 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

+38.6% since first listed

13 events — show timeline

• 2026-05-06 Listed $180,000 NTREIS
• 2020-04-22 Sold (Public Records) — Public Records
• 2020-03-27 Sold (MLS) — NTREIS
• 2020-03-11 Pending — NTREIS
• 2020-03-02 Contingent — NTREIS
• 2020-02-22 Price Changed $137,500 NTREIS
• 2020-02-05 Listed $140,000 NTREIS
• 2018-04-02 Sold (Public Records) — Public Records
• 2018-03-29 Sold (MLS) — NTREIS
• 2018-03-07 Pending — NTREIS
• 2018-02-28 Contingent — NTREIS
• 2018-02-20 Listed $129,900 NTREIS
• 2015-12-15 Sold (Public Records) — Public Records

Property tax history

+4.8%/yr

Latest (2025): $2,723 · +3.6% YoY. Source: county tax records.