3000 Floyd Hampton Rd · Fort Worth, TX
Flood risk No data
- FEMA flood zone
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- Chance of flooding over 30 yrs
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- Est. flood insurance / yr
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Fire risk No data
- Est. fire insurance / yr
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Heat risk No data
- Hot days now (above threshold)
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- Hot days in 30 yrs
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Wind risk No data
- Chance of severe wind over 30 yrs
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Air-quality risk No data
- Unhealthy air days now
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- Unhealthy air days in 30 yrs
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Risk factors via First Street. Map © Google.
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 +4.0/5.0
- Rent growth +3.1/5.0
- Schools +2.5/10.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$102,995
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Minutes from the Chisholm Trail Parkway near the intersection of FM 1187 and FM 1902, this property features ~1500’ of road frontage on FM 1902 and ~800’ of frontage on Floyd Hampton Road. A 4” water line ~450’ away from the SE corner makes this a great investment opportunity with a motivated seller.
Key facts
- Split-bedroom layout
- Walk-in closet
- 4,913 sq ft lot
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/3.0-bath land listed at $103k.
Deal economics
- At list price, monthly cash flow is $1k ($15k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $103k).
- Recommended offer: $91k (12.0% below list) — sets the bar for market timing.
- Cap rate 20.6% vs local median 3.9% in Fort Worth — 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 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: schools D+, crime F.
- Crowley ISD (urban): math 23% / reading 32% proficiency, ranked #643 of 826 in TX (top 78%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
- Market conditions: Rents rising (+2.3%/yr); 1018 active listings in the ZIP; 1 comparable units currently listed for rent nearby; solid renter incomes; 18,938 units permitted in Tarrant County in 2024 (8,336 in 5+ unit buildings).
- This rent runs 30% of the median local income ($98k/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 $712 of loan paydown is wiped out by about $3k 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.
- At projected returns (-3.0% appreciation + 2.3% rent growth), your $29k cash investment doubles in ~3 years — after that, you're playing with house money.
Negotiation context
- It's been on market 376 days — a 12% lower offer ($91k) is reasonable based on typical stale-listing flexibility.
- 3 sale attempts since 13y ago; this cycle's ask has dropped $1.54M (94%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Questions for the listing agent
- It's been on market 376 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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.
- 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.
- 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
- 2.38% ✓
- Cap rate
- 20.56%
- Cash-on-cash
- 50.95%
- DSCR
- 3.27
- GRM
- 3.5
CMA / ARV
No comps found within radius.
Projected returns pro-forma
-3.0% appreciation · 2.28% rent growth · sell at horizon
- IRR
- 48.0%
- Equity multiple
- 3.07×
- Total profit
- $59,567
- Equity at exit
- $15,357
- IRR
- 53.3%
- Equity multiple
- 6.04×
- Total profit
- $145,305
- Equity at exit
- $8,905
Cash invested: $28,839 (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
ZIP-level market 76036
- Home prices YoY
- -25.2%
- Rents YoY
- 2.3%
- Active inventory
- 1018
- Price-to-rent
- 3.5×
Monthly cashflow live
- Estimated rent
- $2,451 medium interval (Pro) →
- Mortgage (P&I)
- −$540
- Tax est. 1.5%
- −$129 /mo · $1,545/yr
- Insurance
- −$43
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$515
- Net cashflow
- $1,224
Break-even live
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
- $25,749
- Closing costs
- $3,090
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
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- Monthly P&I
- —
- Monthly cashflow
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- DSCR
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- Eligible?
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Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
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- 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 1 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1804 Impala Dr Crowley, TX | 4.0 | 2.0 | 1960 | $2,500 | $1.28 | 4d | 1 | 1.33mi |
Listing history 2 events
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2026-06-10remarks 462-char remark
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2026-06-10$102,995 Active 376 DOM
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $29,410
- − Mortgage interest
- −$5,769
- − Property taxes
- −$1,545
- − Insurance
- −$515
- − Repairs & maintenance
- −$2,353
- − Management
- −$2,353
- − Depreciation
- −$2,996
- Taxable income
- $13,879
- Est. tax owed @ 24.0%
- −$3,331
- After-tax cash flow
- $11,362/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
- Crowley ISD
- NCES district ID
- 4815910
- Math proficiency
- 23% ▼ -15.00%
- Reading proficiency
- 32% ▼ -6.00%
- Median HH income
- $59,810
- Composite
- 25.04/100
- National rank
- #7549
- State rank
- #643 of 826 in TX
Livability — Fort Worth
- Score
- 80/100
- State rank
- #49
- US rank
- #1954
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Tarrant County · 2,033,669 people
- City population
- 911,619
- Metro
- Dallas-Fort Worth-Arlington, TX
- Population (ZIP)
- 36,044
- Household income
- $97,973
- Rent vs Own
- Severe rent burden
- 584.0
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 0.65)
- Race & ethnicity
- White 48% Hispanic / Latino 28% Black 20% Two or more races 14% Asian 2%
- Hispanic origin (detail)
- Mexican 23% Puerto Rican 2%
- Common ancestry
- Slovak 3% Italian 2% Serbian 1%
- Foreign-born
- 8% · Canada, Vietnam
- Languages at home
- 79% English-only · Spanish 18% Other Indo-European 1% Vietnamese 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
- ▼ -80.45%
- Current HPI
- 238.6365
- Rent YoY
- ▲ 2.28%
- 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 |
|---|---|---|
| Energy | 16 | $1,198B |
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| Technology | 5 | $198B |
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| Engineering / Construction | 4 | $72B |
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| Energy Services | 3 | $60B |
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| Utilities | 3 | $41B |
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| Healthcare | 2 | $330B |
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Price history
-37.8% since first listed10 events — show timeline
- 2022-01-04 Sold (MLS) — NTREIS
- 2021-08-11 Pending — NTREIS
- 2021-06-09 Contingent — NTREIS
- 2020-11-03 Price Changed $1,390,584 NTREIS
- 2020-06-02 Listed $1,640,584 NTREIS
- 2020-01-04 Listing Removed — NTREIS
- 2016-01-05 Listed $1,865,000 NTREIS
- 2015-11-23 Listing Removed — NTREIS
- 2013-03-28 Listed $2,237,160 NTREIS
- 2008-03-26 Sold (Public Records) — Public Records
Property tax history
+21.9%/yrLatest (2025): $90,955 · -12.6% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…