3505 Logsdon St · Copperas Cove, TX 76522

$165,000

3 bd · 2.0 ba · 1,557 sqft · SingleFamily public records · 88 Days on market

Built 2012 8,712 sqft lot Est $229k · 28% under

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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).

• ARV discount +15.0/15.0
• Cash flow +11.9/30.0
• 1% rule +5.1/10.0
• Schools +3.8/10.0
• DSCR +3.5/10.0
• Livability +3.2/5.0
• Condition / age +2.5/5.0
• Rent growth +2.4/5.0
• Appreciation +0.0/10.0

Listing remarks

Ask about $100 down program, HUD homes are sold AS IS. HUD case number 513-254553, Lovely 3 bedroom, 2 bathroom home in the Skyline subdivision offering 1,557 sqft of space. Open floorplan concept, The living room is open to the breakfast/dining area. Family room features electric fireplace with custom surround mantel, The kitchen includes a full complement of appliances and a pantry. The master suite offers a dual vanity, walk in closet, and garden style tub. Enjoy the energy efficiency this home has to offer with solar panels!

Key facts

• Pantry
• Dual vanity
• Electric fireplace

Tags

• OPEN FLOORPLAN CONCEPT
• ELECTRIC FIREPLACE
• CUSTOM SURROUND MANTEL
• FULL COMPLEMENT OF APPLIANCES
• PANTRY
• DUAL VANITY

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $165k.

Deal economics

• At list price, monthly cash flow is $-42 ($-502/yr) — negative.
• To cash-flow at today's rent, offer at most $158k (4.5% below list).
• Meets the 1% rule at list price ($2k rent vs $165k).
• Recommended offer: $155k (6.0% below list) — sets the bar for market timing.
• Cap rate 6.0% vs local median 3.5% in Copperas Cove — 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 65/100 on livability (#706 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: employment D+, amenities F, commute F.
• Lampasas ISD (rural): math 42% / reading 46% proficiency, ranked #278 of 826 in TX (top 34%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Taylor Creek El (math 30% / reading 32%, grade F, #2,429 of 4,322 statewide, top 57%, 527 students, 54% FRL); Lampasas Middle (math 45% / reading 47%, grade D+, #462 of 1,662 statewide, top 28%, 800 students, 52% FRL); Lampasas H S (math 36% / reading 55%, grade D-, #634 of 1,632 statewide, top 39%, 1,095 students, 45% FRL).
• Market conditions: Rents soft (-0.2%/yr); 610 active listings in the ZIP; 9 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 56% of comp listings sitting > 30 days — soft ceiling on asking rent; 18 units permitted in Lampasas County in 2024 (0 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.
• Lampasas County population projected at +10% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 88 days — a 6% lower offer ($155k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 14y ago; this cycle's ask has dropped $76k (32%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: property tax is 3.1% of price.
• Climate carrying-cost: major wind risk, 54% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→26/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $155,100 (6.0% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 88 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
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. 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?
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: 1.01% ✓
• Cap rate: 5.99%
• Cash-on-cash: -1.09%
• DSCR: 0.95
• GRM: 8.3

CMA / ARV

• ARV (on-the-fly): $228,879
• Comps found: 10

Show comp detail 10 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3505 Logsdon St	0.00mi	3/2.0	1,557 (0%)	1mo	$158,500	$102	99
3433 Plateau St	0.18mi	4/2.0 (+1)	1,746 (+12%)	1mo	$248,000	$142	66
3401 Lucas St	0.55mi	4/2.0 (+1)	1,539 (-1%)	3mo	$223,000	$145	65
2511 Heartland Ave	0.16mi	4/2.0 (+1)	1,769 (+14%)	2mo	$259,900	$147	64
2710 Settlement Rd	0.09mi	4/2.0 (+1)	1,769 (+14%)	7mo	$259,900	$147	62
2749 Settlement Rd	0.22mi	4/2.0 (+1)	1,628 (+5%)	21mo	$250,000	$154	60
3508 Lucas St	0.59mi	4/2.0 (+1)	1,656 (+6%)	6mo	$239,000	$144	52
3434 Horizon St	0.26mi	4/2.0 (+1)	1,770 (+14%)	11mo	$251,600	$142	51
3402 Lauren St	0.63mi	4/2.0 (+1)	1,772 (+14%)	5mo	$267,000	$151	38
3408 Lucas St	0.58mi	4/2.0 (+1)	1,691 (+9%)	23mo	$250,000	$148	34

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -22.1%
• Equity multiple: 0.26×
• Total profit: $-34,114
• Equity at exit: $24,602

10-year hold

• IRR: -28.6%
• Equity multiple: -0.11×
• Total profit: $-51,317
• Equity at exit: $14,266

Cash invested: $46,200 (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 76522

• Home prices YoY: -22.4%
• Rents YoY: -0.2%
• Active inventory: 610
• Price-to-rent: 8.3×

Monthly cashflow live

• Estimated rent: $1,661 high
• Mortgage (P&I): −$865
• Tax from tax record: −$420 /mo · $5,044/yr
• Insurance: −$69
• HOA: −$0
• Vacancy / Maint / Mgmt: −$349
• Net cashflow: $-42

Break-even live

Break-even rent $1,714

Max offer price $157,610

Occupancy floor 98%

Sensitivity live

Price	-10% $52	-5% $5	+0% $-42	+5% $-89	+10% $-135
Rent	-10% $-173	-5% $-107	+0% $-42	+5% $24	+10% $89
Rate	-1.0pp $41	-0.5pp $0	base $-42	+0.5pp $-85	+1.0pp $-128

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: $41,250
• Closing costs: $4,950
• Reserves months: —
• Total cash needed: —

Rent comps 9 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3410 Plateau St Copperas Cove, TX	4.0	2.0	1720	$1,795	$1.04	16d	1	0.19mi
2813 Settlement Rd Copperas Cove, TX	4.0	2.0	1536	$1,550	$1.01	16d	1	0.25mi
3507 Jacob St Copperas Cove, TX	4.0	2.0	1794	$1,800	$1.00	46d	1	0.49mi
3517 Settlement Rd Copperas Cove, TX	3.0	2.0	1788	$1,695	$0.95	46d	1	0.52mi
3404 Jacob St Copperas Cove, TX	4.0	2.0	1977	$1,700	$0.86	46d	1	0.52mi
3004 Sundown Ln Copperas Cove, TX	4.0	2.0	1608	$1,895	$1.18	25d	1	0.80mi
507 Skyline Dr Copperas Cove, TX	3.0	2.0	1889	$2,200	$1.16	46d	1	0.81mi
1122 Rhonda Lee St Copperas Cove, TX	3.0	2.0	1349	$1,300	$0.96	25d	1	1.12mi
1217 Craig St Copperas Cove, TX	3.0	2.0	1341	$1,575	$1.17	46d	1	1.21mi

Listing history 14 events

1. 2026-04-21
   status Pending
2. 2026-04-13
   price $165,000
3. 2026-03-16
   price $183,500
4. 2026-02-26
   price $204,850
5. 2026-01-23
   listed $241,000 Active
6. 2025-12-30
   soldstatus
7. 2022-09-27
   soldstatus
8. 2022-08-26
   status Pending
9. 2022-08-24
   price $225,000
10. 2022-08-13
    status Active
11. 2022-07-18
    status Pending
12. 2022-07-15
    listed $235,000 Active
13. 2019-09-06
    soldstatus
14. 2012-04-16
    listed $104,900

ⓘ 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: $5,044 · $420/mo
• Projected year-2 tax: $5,044 · $420/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 6/10 Major
• 🌡 Heat 8/10 Severe 7 d/yr ≥106°F today · 26 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 54% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,937
• − Mortgage interest: −$9,243
• − Property taxes: −$5,044
• − Insurance: −$825
• − Repairs & maintenance: −$1,595
• − Management: −$1,595
• − Depreciation: −$4,800
• Taxable loss: −$3,164
• Est. tax savings @ 24.0%: +$759
• After-tax cash flow: $257/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: Lampasas ISD
• NCES district ID: 4826640
• Math proficiency: 42% ▼ -3.00%
• Reading proficiency: 46% ▬ 0.00%
• Median HH income: $51,042
• Composite: 37.9/100
• National rank: #4314
• State rank: #278 of 826 in TX

Livability — Copperas Cove

• Score: 65/100
• State rank: #706
• US rank: #13158

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Copperas Cove, TX
• County: Coryell County · 61,053 people
• City population: 42,118
• Metro: Killeen-Temple, TX
• Population (ZIP): 42,118
• Household income: $72,206
• Rent vs Own: 37.9% rent · 62.1% own
• Severe rent burden: 1019.0

Population outlook (Lampasas County) Hauer SSP2

• Today (2025): 22,114 people
• By 2030: 22,779 · +3.0%
• By 2040: 23,812 · +7.7%
• By 2050: 24,403 · +10.4%
• By 2075: 25,713 · +16.3%
• By 2100: 25,053 · +13.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.66)
• Race & ethnicity: White 53% Hispanic / Latino 21% Two or more races 20% Black 14% Asian 2%
• Hispanic origin (detail): Mexican 11% Puerto Rican 6%
• Common ancestry: Romanian 2% Italian 2% Lithuanian 2%
• Foreign-born: 7% · Canada, South Korea
• Languages at home: 85% English-only · Spanish 10% German/W. Germanic 2% Other Asian/Pacific 1%

Political lean MEDSL · Lampasas

• 2024 margin: Solid R (+59.6) · D 19.8% · R 79.3%
• 2008→2024 swing: -10.5pp toward R · 2008: -49.1pp · 2024: -59.6pp
• All cycles: 2024: R+59.6 2020: R+57.1 2016: R+60.0 2012: R+57.8 2008: R+49.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -53.11%
• Current HPI: 183.9452
• Rent YoY: ▼ -0.25%
• Metro: Killeen-Temple, 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
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

+57.3% since first listed

14 events — show timeline

• 2026-04-21 Pending — CTXMLS
• 2026-04-13 Price Changed $165,000 CTXMLS
• 2026-03-16 Price Changed $183,500 CTXMLS
• 2026-02-26 Price Changed $204,850 CTXMLS
• 2026-01-23 Listed $241,000 CTXMLS
• 2025-12-30 Sold (Public Records) — Public Records
• 2022-09-27 Sold (Public Records) — Public Records
• 2022-08-26 Pending — CTXMLS
• 2022-08-24 Price Changed $225,000 CTXMLS
• 2022-08-13 Relisted — CTXMLS
• 2022-07-18 Pending — CTXMLS
• 2022-07-15 Listed $235,000 CTXMLS
• 2019-09-06 Sold (Public Records) — Public Records
• 2012-04-16 Listed $104,900 CTXMLS

Property tax history

+3.8%/yr

Latest (2025): $5,044 · +0.7% YoY. Source: county tax records.