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6197 County Road 2252
B Composite 70.05
Why this score? — see what drove the B 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 +30.0/30.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • ARV discount +7.5/15.0
  • Rent growth +3.5/5.0
  • Schools +3.5/10.0
  • Livability +3.1/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$79,900

6197 County Road 2252 · Cleveland, TX 77327
3 bd · 2.0 ba · 1,224 sqft · SingleFamily public records · 22 Days on market
Built 1970 0.72 ac lot ↓ 46% since listing

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

Listing remarks

Charming 3 bedroom, 2 bath home situated on approximately 0.725 acres in the Tarkington area. This property offers a spacious yard with plenty of room to enjoy outdoor living. Features include a welcoming front porch, a side deck perfect for relaxing or entertaining, and a peaceful country setting while still providing convenient access to nearby amenities

Key facts

  • Spacious yard
  • Side deck
  • 0.72 acre lot

Tags

SPACIOUS YARDWELCOMING FRONT PORCHSIDE DECKPEACEFUL COUNTRY SETTING

Property features AI

Exterior

  • Utilities: Well water; Septic tank
  • Home design: Residential property; Built in 1970
  • Construction: Wood siding exterior; Block foundation; Composition roof
  • Exterior features: Cleared lot; Asphalt road access

Interior

  • Kitchen: Dishwasher; Microwave
  • Bedrooms: Three bedrooms (all on the first level)
  • Flooring: Vinyl
  • Bathrooms: Two full bathrooms
  • Heating & cooling: Central heating (electric); Central air (electric)
  • Interior features: Separate shower; Tub with shower
  • Laundry & utility: Washer hookup; Electric dryer hookup

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 $80k.

Deal economics

  • At list price, monthly cash flow is $675 ($8k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $80k).
  • Recommended offer: $79k (1.5% below list) — sets the bar for market timing.
  • Cap rate 17.4% vs local median 4.7% in Cleveland — 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 61/100 on livability (#1,013 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: crime D-, amenities F, commute F.
  • Tarkington ISD (rural): math 43% / reading 38% proficiency, ranked #373 of 826 in TX (top 45%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Tarkington Early Childhood School (math 32% / reading 42%, grade F, #1,769 of 4,322 statewide, top 44%, 193 students, 66% FRL); Tarkington Middle (math 45% / reading 32%, grade F, #704 of 1,662 statewide, top 43%, 414 students, 58% FRL); Tarkington H S (math 32% / reading 47%, grade F, #821 of 1,632 statewide, top 53%, 513 students, 48% FRL).
  • Market conditions: Rents rising fast (+4.0%/yr); 1578 active listings in the ZIP; 1,321 units permitted in Liberty County in 2024 (0 in 5+ unit buildings).
  • This rent runs 31% of the median local income ($62k/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 $552 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
  • Liberty County population projected at +24% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (-3.0% appreciation + 4.0% rent growth), your $22k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 22 days — a 2% lower offer ($79k) is reasonable based on typical stale-listing flexibility.
  • 8 sale attempts since 6y ago; this cycle's ask has dropped $20k (20%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Watch-outs: flood insurance adds $66/mo.
  • Climate carrying-cost: severe flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $78,701 (1.5% below list)

Questions for the listing agent

  1. Built in 1970 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
  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. Crime grade is D 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. 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.
  7. 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.
  8. 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
2.03%
Cap rate
17.43%
Cash-on-cash
39.79%
DSCR
2.77
GRM
4.1

CMA / ARV

ARV (on-the-fly)
$413,712
Comps found
1
Show comp detail 1 sale within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
5735 County Road 2252 0.43mi 3/2.0 1,300 (+6%) 2mo $439,000 $338 68

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 · 4.0% rent growth · sell at horizon

5-year hold
IRR
33.2%
Equity multiple
2.42×
Total profit
$31,764
Equity at exit
$11,913
10-year hold
IRR
40.7%
Equity multiple
5.03×
Total profit
$90,160
Equity at exit
$6,908

Cash invested: $22,372 (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 77327

Home prices YoY
-5.2%
Rents YoY
4.0%
Active inventory
1578
Price-to-rent
4.1×

Monthly cashflow live

Estimated rent
$1,619 medium interval (Pro) →
Mortgage (P&I)
$419
Tax from tax record
$85 /mo · $1,022/yr
Insurance
$33
Flood insurance flood zone
−$66 /mo · $798/yr
HOA
$0
Vacancy / Maint / Mgmt
$340
Net cashflow
$675

Break-even live

Break-even rent $764
Max offer price $79,900
Occupancy floor 53%

Sensitivity live

Price -10% $721 -5% $698 +0% $675 +5% $653 +10% $630
Rent -10% $547 -5% $611 +0% $675 +5% $739 +10% $803
Rate -1.0pp $716 -0.5pp $696 base $675 +0.5pp $655 +1.0pp $634

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
$19,975
Closing costs
$2,397
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.

Listing history 15 events

  1. 2026-06-21
    pricedays on market $79,900 Active 22 DOM
  2. 2026-06-18
    days on market $99,900 Active 19 DOM
  3. 2026-06-17
    days on market $99,900 Active 18 DOM
  4. 2026-06-16
    days on market $99,900 Active 17 DOM
  5. 2026-06-15
    days on market $99,900 Active 16 DOM
  6. 2026-06-13
    days on market $99,900 Active 14 DOM
  7. 2026-06-09
    days on market $99,900 Active 10 DOM
  8. 2026-06-08
    days on market $99,900 Active 9 DOM
  9. 2026-06-07
    days on market $99,900 Active 8 DOM
  10. 2026-06-04
    days on market $99,900 Active 5 DOM
  11. 2026-06-03
    days on market $99,900 Active 4 DOM
  12. 2026-06-02
    days on market $99,900 Active 3 DOM
  13. 2026-06-01
    days on market $99,900 Active 2 DOM
  14. 2026-05-31
    remarks 358-char remark
  15. 2026-05-31
    listed $99,900 Active 1 DOM

ⓘ 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
$1,022 · $85/mo
Projected year-2 tax
$1,462 · $122/mo
Expected delta
+$440/yr (+$37/mo · 43.1%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 8/10 Severe FEMA zone X (unshaded) · 99% chance over 30 yrs
  • 🔥 Wildfire 4/10 Moderate
  • 🌡 Heat 8/10 Severe 7 d/yr ≥111°F today · 24 d/yr by 30 yrs out
  • 💨 Wind 8/10 Severe 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$19,431
− Mortgage interest
−$4,476
− Property taxes
−$1,022
− Insurance
−$1,197
− Repairs & maintenance
−$1,554
− Management
−$1,554
− Depreciation
−$2,324
Taxable income
$7,303
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,753
After-tax cash flow
$6,351/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
Tarkington ISD
NCES district ID
4842210
Math proficiency
43% ▼ -6.00%
Reading proficiency
38% ▼ -4.00%
Median HH income
$50,895
Composite
35.02/100
National rank
#5044
State rank
#373 of 826 in TX

Livability — Cleveland

Score
61/100
State rank
#1013
US rank
#17943

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

County
Liberty County · 82,189 people
City population
17,208
Metro
Houston-The Woodlands-Sugar Land, TX
Population (ZIP)
42,685
Household income
$62,219
Rent vs Own
14.4% rent · 85.6% own
Severe rent burden
437.0

Population outlook (Liberty County) Hauer SSP2

Today (2025)
87,956 people
By 2030
92,161 · +4.8%
By 2040
100,784 · +14.6%
By 2050
109,471 · +24.5%
By 2075
133,470 · +51.7%
By 2100
147,372 · +67.6%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.57)
Race & ethnicity
Hispanic / Latino 54% White 36% Two or more races 18% Black 8% Native American 2%
Hispanic origin (detail)
Mexican 42%
Common ancestry
Lithuanian 2% Serbian 1% Slovak 0%
Foreign-born
22% · Canada
Languages at home
51% English-only · Spanish 48%

Political lean MEDSL · Liberty

2024 margin
Solid R (+61.6) · D 19.0% · R 80.6%
2008→2024 swing
-17.9pp toward R · 2008: -43.7pp · 2024: -61.6pp
All cycles
2024: R+61.6 2020: R+59.7 2016: R+58.0 2012: R+53.3 2008: R+43.7

Not yet ingested

Civics

Market trends

HPI YoY
▼ -12.39%
Current HPI
224.9222
Rent YoY
▲ 4.00%
Metro
Houston-The Woodlands-Sugar Land, TX
State GDP YoY
▲ 3.95%
F500 in state
110

Industry mix (Fortune 500 HQ in TX)

Industry F500 HQs Revenue

Price history

-46.0% since first listed
29 events — show timeline
  • 2026-05-30 Listed $99,900 HARMLS
  • 2025-06-13 Listing Removed HARMLS
  • 2025-01-22 Listed $152,100 HARMLS
  • 2024-08-31 Listing Removed HARMLS
  • 2024-07-04 Price Changed $215,000 HARMLS
  • 2024-06-23 Price Changed $225,000 HARMLS
  • 2024-06-05 Price Changed $230,000 HARMLS
  • 2024-05-26 Listed $235,000 HARMLS
  • 2023-07-10 Listing Removed HARMLS
  • 2023-06-19 Relisted HARMLS
  • 2023-06-17 Listing Removed HARMLS
  • 2023-03-19 Listed $260,000 HARMLS
  • 2022-08-01 Sold (Public Records) Public Records
  • 2022-07-29 Sold (MLS) HARMLS
  • 2022-06-16 Pending HARMLS
  • 2022-06-09 Pending HARMLS
  • 2022-06-02 Listed $199,500 HARMLS
  • 2020-08-31 Sold (Public Records) Public Records
  • 2020-08-24 Sold (MLS) HARMLS
  • 2020-07-25 Pending HARMLS
  • 2020-07-14 Pending HARMLS
  • 2020-06-30 Price Changed $169,500 HARMLS
  • 2020-06-25 Price Changed $175,900 HARMLS
  • 2020-05-23 Price Changed $179,900 HARMLS
  • 2020-05-05 Price Changed $184,000 HARMLS
  • 2020-04-20 Relisted HARMLS
  • 2020-04-18 Pending HARMLS
  • 2020-04-05 Pending HARMLS
  • 2020-03-24 Listed $185,000 HARMLS

Property tax history

+1.2%/yr

Latest (2025): $1,022 · -64.4% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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