121 Arrowhead · Quitman, TX 75783

$141,000

2 bd · 1.5 ba · 840 sqft · SingleFamily public records · 150 Days on market

Built 2024 0.40 ac lot $168/sqft · at area comps Est $128k · 10% over $52/mo HOA · 4% of rent ↓ 12% since listing

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Why this score? — see what drove the D- 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 +15.1/30.0
• DSCR +4.6/10.0
• Livability +3.8/5.0
• 1% rule +3.7/10.0
• Schools +3.5/10.0
• ARV discount +2.8/15.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This unique property offers exceptional flexibility with two separate living quarters, perfect for multi-generational living, guests, or rental income potential. The first living space features approximately 360 sq. ft., complete with a private shower and closet—ideal for a cozy, self-contained suite. The second, larger living quarters spans about 400 sq. ft. and includes a full bathroom with a walk-in tub, a spacious closet, and a convenient laundry room for added comfort and independence. Outdoor amenities truly set this property apart. The second living area includes an attached two-car carport, designed to easily accommodate a large boat and truck. In addition, the property boasts two powered storage units, one of which features its own attached one-car carport, offering excellent space for tools, equipment, or hobbies. Situated on three connected lots totaling approximately 0.40 acres, there is ample room for RV parking, additional storage, or even future expansion such as a larger building or workshop. With its versatile layout, generous storage, and room to grow, this property presents a rare opportunity for both comfortable living and practical functionality. Bonus for Buyer: Club Car Golf Cart This is an estate sale offered by John Maly Realty Broker and brother of previous owner Marvin Maly.

Key facts

• 0.4 acre lot
• 2 parking spots
• Community pool

Tags

• TWO SEPARATE LIVING QUARTERS
• FULL BATH WITH WALK-IN TUB
• LARGE CLOSET AND LAUNDRY ROOM
• ATTACHED TWO CAR CARPORT
• STORAGE UNITS WITH ELECTRICITY
• THREE CONNECTING LOTS

What this means for you Summary

Snapshot

• This is a 2-bed/1.5-bath single-family listed at $141k.

Deal economics

• At list price, monthly cash flow is $48 ($570/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 $122k (13.2% below list).
• Recommended offer: $122k (13.2% below list) — sets the bar for 1% rule.
• Cap rate 6.7% vs local median 4.2% in Quitman — 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 76/100 on livability (#106 in TX, #3,504 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: schools C-, employment C-, amenities F.
• Quitman ISD (town): math 36% / reading 47% proficiency, ranked #381 of 826 in TX (top 46%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 200 active listings in the ZIP; 72 units permitted in Wood County in 2024 (29 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $975 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Wood County population projected at +12% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 150 days — a 12% lower offer ($124k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $122,435 (13.2% below list)

Questions for the listing agent

1. It's been on market 150 days. Have you received any prior offers? Is the seller open to a 13% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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. 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?
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: 0.87% ✗
• Cap rate: 6.70%
• Cash-on-cash: 1.44%
• DSCR: 1.06
• GRM: 9.6

CMA / ARV

• ARV (median comp): $127,757
• List price: $141,000
• Delta: 10.37%
• Verdict: OVERPRICED
• Comps: 19 within 1.0 mi

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
679 Indian Gap	0.14mi	2/1.0	750 (-11%)	21mo	$140,000	$187	56
349 Arapaho	0.61mi	2/1.0	936 (+11%)	3mo	$169,900	$182	48
445 Comanche	0.68mi	1/1.0 (-1)	850 (+1%)	14mo	$104,900	$123	48
161 Pillsbury Cir	0.67mi	1/1.0 (-1)	720 (-14%)	7mo	$190,000	$264	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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -14.0%
• Equity multiple: 0.50×
• Total profit: $-19,836
• Equity at exit: $21,024

10-year hold

• IRR: -5.2%
• Equity multiple: 0.66×
• Total profit: $-13,436
• Equity at exit: $12,191

Cash invested: $39,480 (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 75783

• Home prices YoY: -9.6%
• Active inventory: 200
• Price-to-rent: 9.6×

Monthly cashflow live

• Estimated rent: $1,224 medium
• Mortgage (P&I): −$739
• Tax from tax record: −$70 /mo · $835/yr
• Insurance: −$59
• HOA: −$52
• Vacancy / Maint / Mgmt: −$257
• Net cashflow: $48

Break-even live

Break-even rent $1,164

Max offer price $141,000

Occupancy floor 91%

Sensitivity live

Price	-10% $127	-5% $87	+0% $48	+5% $8	+10% $-32
Rent	-10% $-49	-5% $-1	+0% $48	+5% $96	+10% $144
Rate	-1.0pp $119	-0.5pp $83	base $48	+0.5pp $11	+1.0pp $-26

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: $35,250
• Closing costs: $4,230
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $52 · $624/yr

Listing history 23 events

1. 2026-06-18
   days on market $141,000 Active 150 DOM
2. 2026-06-17
   days on market $141,000 Active 149 DOM
3. 2026-06-17
   price $141,000 Active 148 DOM
4. 2026-06-16
   days on market $151,000 Active 148 DOM
5. 2026-06-15
   days on market $151,000 Active 147 DOM
6. 2026-06-15
   days on market $151,000 Active 146 DOM
7. 2026-06-13
   days on market $151,000 Active 145 DOM
8. 2026-06-12
   days on market $151,000 Active 144 DOM
9. 2026-06-10
   price $151,000 Active 141 DOM
10. 2026-06-09
    days on market $159,900 Active 141 DOM
11. 2026-06-08
    days on market $159,900 Active 140 DOM
12. 2026-06-08
    days on market $159,900 Active 139 DOM
13. 2026-06-07
    days on market $159,900 Active 138 DOM
14. 2026-06-03
    days on market $159,900 Active 135 DOM
15. 2026-06-02
    days on market $159,900 Active 134 DOM
16. 2026-06-01
    days on market $159,900 Active 133 DOM
17. 2026-05-31
    days on market $159,900 Active 132 DOM
18. 2026-05-05
    price $163,000 1346-char remark

    Show marketing remark (1346 chars)

    This unique property offers exceptional flexibility with two separate living quarters, perfect for multi-generational living, guests, or rental income potential. The first living space features approximately 360 sq. ft., complete with a private shower and closet—ideal for a cozy, self-contained suite. The second, larger living quarters spans about 400 sq. ft. and includes a full bathroom with a walk-in tub, a spacious closet, and a convenient laundry room for added comfort and independence. Outdoor amenities truly set this property apart. The second living area includes an attached two-car carport, designed to easily accommodate a large boat and truck. In addition, the property boasts two powered storage units, one of which features its own attached one-car carport, offering excellent space for tools, equipment, or hobbies. Situated on three connected lots totaling approximately 0.40 acres, there is ample room for RV parking, additional storage, or even future expansion such as a larger building or workshop. With its versatile layout, generous storage, and room to grow, this property presents a rare opportunity for both comfortable living and practical functionality. Bonus for Buyer: Club Car Golf Cart This is an estate sale offered by John Maly Realty Broker and brother of previous owner Marvin Maly.

19. 2026-04-29
    price $164,500 1346-char remark

    Show marketing remark (1346 chars)

    This unique property offers exceptional flexibility with two separate living quarters, perfect for multi-generational living, guests, or rental income potential. The first living space features approximately 360 sq. ft., complete with a private shower and closet—ideal for a cozy, self-contained suite. The second, larger living quarters spans about 400 sq. ft. and includes a full bathroom with a walk-in tub, a spacious closet, and a convenient laundry room for added comfort and independence. Outdoor amenities truly set this property apart. The second living area includes an attached two-car carport, designed to easily accommodate a large boat and truck. In addition, the property boasts two powered storage units, one of which features its own attached one-car carport, offering excellent space for tools, equipment, or hobbies. Situated on three connected lots totaling approximately 0.40 acres, there is ample room for RV parking, additional storage, or even future expansion such as a larger building or workshop. With its versatile layout, generous storage, and room to grow, this property presents a rare opportunity for both comfortable living and practical functionality. Bonus for Buyer: Club Car Golf Cart This is an estate sale offered by John Maly Realty Broker and brother of previous owner Marvin Maly.

20. 2026-04-10
    price $165,000 1346-char remark

    Show marketing remark (1346 chars)

    This unique property offers exceptional flexibility with two separate living quarters, perfect for multi-generational living, guests, or rental income potential. The first living space features approximately 360 sq. ft., complete with a private shower and closet—ideal for a cozy, self-contained suite. The second, larger living quarters spans about 400 sq. ft. and includes a full bathroom with a walk-in tub, a spacious closet, and a convenient laundry room for added comfort and independence. Outdoor amenities truly set this property apart. The second living area includes an attached two-car carport, designed to easily accommodate a large boat and truck. In addition, the property boasts two powered storage units, one of which features its own attached one-car carport, offering excellent space for tools, equipment, or hobbies. Situated on three connected lots totaling approximately 0.40 acres, there is ample room for RV parking, additional storage, or even future expansion such as a larger building or workshop. With its versatile layout, generous storage, and room to grow, this property presents a rare opportunity for both comfortable living and practical functionality. Bonus for Buyer: Club Car Golf Cart This is an estate sale offered by John Maly Realty Broker and brother of previous owner Marvin Maly.

21. 2026-03-25
    price $169,999 1346-char remark

    Show marketing remark (1346 chars)

    This unique property offers exceptional flexibility with two separate living quarters, perfect for multi-generational living, guests, or rental income potential. The first living space features approximately 360 sq. ft., complete with a private shower and closet—ideal for a cozy, self-contained suite. The second, larger living quarters spans about 400 sq. ft. and includes a full bathroom with a walk-in tub, a spacious closet, and a convenient laundry room for added comfort and independence. Outdoor amenities truly set this property apart. The second living area includes an attached two-car carport, designed to easily accommodate a large boat and truck. In addition, the property boasts two powered storage units, one of which features its own attached one-car carport, offering excellent space for tools, equipment, or hobbies. Situated on three connected lots totaling approximately 0.40 acres, there is ample room for RV parking, additional storage, or even future expansion such as a larger building or workshop. With its versatile layout, generous storage, and room to grow, this property presents a rare opportunity for both comfortable living and practical functionality. Bonus for Buyer: Club Car Golf Cart This is an estate sale offered by John Maly Realty Broker and brother of previous owner Marvin Maly.

22. 2026-02-05
    price $184,500 1346-char remark

    Show marketing remark (1346 chars)

    This unique property offers exceptional flexibility with two separate living quarters, perfect for multi-generational living, guests, or rental income potential. The first living space features approximately 360 sq. ft., complete with a private shower and closet—ideal for a cozy, self-contained suite. The second, larger living quarters spans about 400 sq. ft. and includes a full bathroom with a walk-in tub, a spacious closet, and a convenient laundry room for added comfort and independence. Outdoor amenities truly set this property apart. The second living area includes an attached two-car carport, designed to easily accommodate a large boat and truck. In addition, the property boasts two powered storage units, one of which features its own attached one-car carport, offering excellent space for tools, equipment, or hobbies. Situated on three connected lots totaling approximately 0.40 acres, there is ample room for RV parking, additional storage, or even future expansion such as a larger building or workshop. With its versatile layout, generous storage, and room to grow, this property presents a rare opportunity for both comfortable living and practical functionality. Bonus for Buyer: Club Car Golf Cart This is an estate sale offered by John Maly Realty Broker and brother of previous owner Marvin Maly.

23. 2026-01-19
    listed $185,000 Active 1346-char remark

    Show marketing remark (1346 chars)

    This unique property offers exceptional flexibility with two separate living quarters, perfect for multi-generational living, guests, or rental income potential. The first living space features approximately 360 sq. ft., complete with a private shower and closet—ideal for a cozy, self-contained suite. The second, larger living quarters spans about 400 sq. ft. and includes a full bathroom with a walk-in tub, a spacious closet, and a convenient laundry room for added comfort and independence. Outdoor amenities truly set this property apart. The second living area includes an attached two-car carport, designed to easily accommodate a large boat and truck. In addition, the property boasts two powered storage units, one of which features its own attached one-car carport, offering excellent space for tools, equipment, or hobbies. Situated on three connected lots totaling approximately 0.40 acres, there is ample room for RV parking, additional storage, or even future expansion such as a larger building or workshop. With its versatile layout, generous storage, and room to grow, this property presents a rare opportunity for both comfortable living and practical functionality. Bonus for Buyer: Club Car Golf Cart This is an estate sale offered by John Maly Realty Broker and brother of previous owner Marvin Maly.

ⓘ 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: $835 · $70/mo
• Projected year-2 tax: $2,580 · $215/mo
• Expected delta: +$1,746/yr (+$145/mo · 209.2%)

ⓘ 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 4/10 Moderate
• 🌡 Heat 7/10 Severe 7 d/yr ≥111°F today · 25 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,692
• − Mortgage interest: −$7,898
• − Property taxes: −$835
• − Insurance: −$705
• − Repairs & maintenance: −$1,175
• − Management: −$1,175
• − HOA: −$624
• − Depreciation: −$4,102
• Taxable loss: −$1,822
• Est. tax savings @ 24.0%: +$437
• After-tax cash flow: $1,008/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: Quitman ISD
• NCES district ID: 4836300
• Math proficiency: 36% ▼ -15.00%
• Reading proficiency: 47% ▼ -4.00%
• Median HH income: $42,081
• Composite: 34.94/100
• National rank: #5063
• State rank: #381 of 826 in TX

Livability — Quitman

• Score: 76/100
• State rank: #106
• US rank: #3504

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 8,011

Population outlook (Wood County) Hauer SSP2

• Today (2025): 46,480 people
• By 2030: 47,796 · +2.8%
• By 2040: 50,142 · +7.9%
• By 2050: 52,122 · +12.1%
• By 2075: 57,033 · +22.7%
• By 2100: 56,418 · +21.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (81%)
• Race & ethnicity: White 81% Hispanic / Latino 13% Two or more races 9% Black 2%
• Hispanic origin (detail): Mexican 12%
• Common ancestry: Italian 3% Slovak 3% Portuguese 1%
• Foreign-born: 2% · Canada
• Languages at home: 92% English-only · Spanish 8%

Political lean MEDSL · Wood

• 2024 margin: Solid R (+69.7) · D 14.8% · R 84.6%
• 2008→2024 swing: -15.5pp toward R · 2008: -54.2pp · 2024: -69.7pp
• All cycles: 2024: R+69.7 2020: R+68.2 2016: R+70.0 2012: R+64.2 2008: R+54.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -24.83%
• Current HPI: 234.4883
• 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

-11.9% since first listed

6 events — show timeline

• 2026-05-05 Price Changed $163,000 NTREIS
• 2026-04-29 Price Changed $164,500 NTREIS
• 2026-04-10 Price Changed $165,000 NTREIS
• 2026-03-25 Price Changed $169,999 NTREIS
• 2026-02-05 Price Changed $184,500 NTREIS
• 2026-01-19 Listed $185,000 NTREIS

Property tax history

+2.4%/yr

Latest (2024): $835 · +9.7% YoY. Source: county tax records.