214 W Broadway St · Jefferson, TX 75657

$74,900

3 bd · 1.0 ba · 1,628 sqft · SingleFamily public records · 240 Days on market

Built 1970 0.35 ac lot ↓ 50% since listing

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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
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Come bring this home back to life! ? Full of character and charm, this property is ready for someone with vision. Recent improvements include a brand-new metal roof, and the spacious layout offers endless possibilities. The oversized lot gives you plenty of room for a shop, gardens, or additional buildings. Whether you’re looking for your next flip project or a place to make your own, this home has great potential. Some updates have already been started, and with a little TLC, it can truly shine again. Please note: the pier-and-beam foundation has not been professionally evaluated, and there is some slope in the flooring. Generous room sizes and a solid start make this the perfect opportunity to create something beautiful!

Key facts

• Metal roof
• Oversized lot
• 0.35 acre lot

Tags

• METAL ROOF
• OVERSIZED LOT
• PIER-AND-BEAM FOUNDATION

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $75k.

Deal economics

• At list price, monthly cash flow is $374 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $75k).
• Recommended offer: $66k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 67/100 on livability (#561 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: crime C-, schools D-, amenities F.
• Jefferson ISD (rural): math 23% / reading 33% proficiency, ranked #689 of 826 in TX (top 83%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: 193 active listings in the ZIP; 8 units permitted in Marion County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $518 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Marion County population projected at -20% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $21k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 240 days — a 12% lower offer ($66k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: property tax is 3.0% of price.
• Climate carrying-cost: major wind risk, 49% 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 $65,912 (12.0% below list)

Questions for the listing agent

1. It's been on market 240 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1970 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
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: 1.67% ✓
• Cap rate: 12.29%
• Cash-on-cash: 21.41%
• DSCR: 1.95
• GRM: 5.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 14.0%
• Equity multiple: 1.56×
• Total profit: $11,775
• Equity at exit: $11,168

10-year hold

• IRR: 22.9%
• Equity multiple: 2.97×
• Total profit: $41,260
• Equity at exit: $6,476

Cash invested: $20,972 (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 75657

• Home prices YoY: -9.7%
• Active inventory: 193
• Price-to-rent: 5.0×

Monthly cashflow live

• Estimated rent: $1,251 medium
• Mortgage (P&I): −$393
• Tax from tax record: −$190 /mo · $2,279/yr
• Insurance: −$31
• HOA: −$0
• Vacancy / Maint / Mgmt: −$263
• Net cashflow: $374

Break-even live

Break-even rent $777

Max offer price $74,900

Occupancy floor 65%

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: $18,725
• Closing costs: $2,247
• Reserves months: —
• Total cash needed: —

Listing history 5 events

1. 2026-05-19
   status Pending 745-char remark

   Show marketing remark (745 chars)

   Come bring this home back to life! ? Full of character and charm, this property is ready for someone with vision. Recent improvements include a brand-new metal roof, and the spacious layout offers endless possibilities. The oversized lot gives you plenty of room for a shop, gardens, or additional buildings. Whether you’re looking for your next flip project or a place to make your own, this home has great potential. Some updates have already been started, and with a little TLC, it can truly shine again. Please note: the pier-and-beam foundation has not been professionally evaluated, and there is some slope in the flooring. Generous room sizes and a solid start make this the perfect opportunity to create something beautiful!

2. 2026-04-13
   price $74,900 745-char remark

   Show marketing remark (745 chars)

   Come bring this home back to life! ? Full of character and charm, this property is ready for someone with vision. Recent improvements include a brand-new metal roof, and the spacious layout offers endless possibilities. The oversized lot gives you plenty of room for a shop, gardens, or additional buildings. Whether you’re looking for your next flip project or a place to make your own, this home has great potential. Some updates have already been started, and with a little TLC, it can truly shine again. Please note: the pier-and-beam foundation has not been professionally evaluated, and there is some slope in the flooring. Generous room sizes and a solid start make this the perfect opportunity to create something beautiful!

3. 2026-01-10
   price $99,700 745-char remark

   Show marketing remark (745 chars)

   Come bring this home back to life! ? Full of character and charm, this property is ready for someone with vision. Recent improvements include a brand-new metal roof, and the spacious layout offers endless possibilities. The oversized lot gives you plenty of room for a shop, gardens, or additional buildings. Whether you’re looking for your next flip project or a place to make your own, this home has great potential. Some updates have already been started, and with a little TLC, it can truly shine again. Please note: the pier-and-beam foundation has not been professionally evaluated, and there is some slope in the flooring. Generous room sizes and a solid start make this the perfect opportunity to create something beautiful!

4. 2025-10-12
   price $130,000 745-char remark

   Show marketing remark (745 chars)

   Come bring this home back to life! ? Full of character and charm, this property is ready for someone with vision. Recent improvements include a brand-new metal roof, and the spacious layout offers endless possibilities. The oversized lot gives you plenty of room for a shop, gardens, or additional buildings. Whether you’re looking for your next flip project or a place to make your own, this home has great potential. Some updates have already been started, and with a little TLC, it can truly shine again. Please note: the pier-and-beam foundation has not been professionally evaluated, and there is some slope in the flooring. Generous room sizes and a solid start make this the perfect opportunity to create something beautiful!

5. 2025-09-21
   listed $150,000 Active 745-char remark

   Show marketing remark (745 chars)

   Come bring this home back to life! ? Full of character and charm, this property is ready for someone with vision. Recent improvements include a brand-new metal roof, and the spacious layout offers endless possibilities. The oversized lot gives you plenty of room for a shop, gardens, or additional buildings. Whether you’re looking for your next flip project or a place to make your own, this home has great potential. Some updates have already been started, and with a little TLC, it can truly shine again. Please note: the pier-and-beam foundation has not been professionally evaluated, and there is some slope in the flooring. Generous room sizes and a solid start make this the perfect opportunity to create something beautiful!

ⓘ 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: $2,279 · $190/mo
• Projected year-2 tax: $2,279 · $190/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 · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 7/10 Severe 7 d/yr ≥111°F today · 24 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 49% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,009
• − Mortgage interest: −$4,196
• − Property taxes: −$2,279
• − Insurance: −$374
• − Repairs & maintenance: −$1,201
• − Management: −$1,201
• − Depreciation: −$2,179
• Taxable income: $3,580
• Est. tax owed @ 24.0%: −$859
• After-tax cash flow: $3,631/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: Jefferson ISD
• NCES district ID: 4824730
• Math proficiency: 23% ▼ -8.00%
• Reading proficiency: 33% ▼ -4.00%
• Median HH income: $33,504
• Composite: 22.93/100
• National rank: #7992
• State rank: #689 of 826 in TX

Livability — Jefferson

• Score: 67/100
• State rank: #561
• US rank: #10765

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Jefferson, TX
• Population (ZIP): 6,842

Population outlook (Marion County) Hauer SSP2

• Today (2025): 9,339 people
• By 2030: 8,881 · -4.9%
• By 2040: 8,044 · -13.9%
• By 2050: 7,449 · -20.2%
• By 2075: 6,638 · -28.9%
• By 2100: 5,871 · -37.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (71%)
• Race & ethnicity: White 71% Black 22% Two or more races 3% Hispanic / Latino 3% Native American 1%
• Common ancestry: Iranian 2% Slovak 2% Lithuanian 2%
• Foreign-born: 2% · Canada
• Languages at home: 98% English-only · Spanish 1%

Political lean MEDSL · Marion

• 2024 margin: Solid R (+52.5) · D 23.4% · R 75.9%
• 2008→2024 swing: -30.8pp toward R · 2008: -21.7pp · 2024: -52.5pp
• All cycles: 2024: R+52.5 2020: R+43.8 2016: R+43.1 2012: R+29.1 2008: R+21.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -13.60%
• Current HPI: 126.2671
• 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

-50.1% since first listed

5 events — show timeline

• 2026-05-19 Pending — NTREIS
• 2026-04-13 Price Changed $74,900 NTREIS
• 2026-01-10 Price Changed $99,700 NTREIS
• 2025-10-12 Price Changed $130,000 NTREIS
• 2025-09-21 Listed $150,000 NTREIS

Property tax history

+4.7%/yr

Latest (2025): $2,279 · +71.4% YoY. Source: county tax records.