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6842 Jennings Dr
C- Composite 54.89
Why this score? — see what drove the C- 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 +19.1/30.0
  • ARV discount +10.1/15.0
  • DSCR +6.0/10.0
  • 1% rule +5.7/10.0
  • Rent growth +5.0/5.0
  • Livability +3.8/5.0
  • Schools +2.8/10.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$250,000

6842 Jennings Dr · Abilene, TX 79606
3 bd · 2.0 ba · 1,287 sqft · SingleFamily public records · 24 Days on market
Built 2018 601 sqft lot $194/sqft · 6% below area Est $265k · 6% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Gorgeous 3 bedroom, 2 bathroom home in Hampton Hills Subdivision. This home is an open concept floor plan with Luxury Vinyl Plank flooring throughout, and carpet in the bedrooms. High ceilings make this home feel very spacious. The kitchen offers granite counter tops, stained cabinets, a farm sink, see through glass cabinets near the sink and recessed lighting. The dining room features a beautiful new chandelier. The guest bathroom features custom made carpentry work. Spacious bedrooms, and a separate laundry room just off the kitchen are also included in this home. The backyard has a covered patio and a large grass backyard that is great for entertaining.

Key facts

  • Farmhouse sink
  • Covered back patio
  • Granite countertops

Tags

HAMPTON HILLS SUBDIVISIONOPEN-CONCEPT LAYOUTGRANITE COUNTERTOPSFARMHOUSE SINKCOVERED BACK PATIOLARGE GRASSY BACKYARD

Property features AI

Finance

  • Other: Subdivision: Hampton Hills; Possession expected in 60–90 days; Standard listing; Active Under Contract
  • Financial info: Listing terms include Cash, Conventional, FHA, VA
  • HOA & community: No association

Exterior

  • Parking: Attached garage facing front; 2 covered/garage spaces (garage approx. 19' wide x 21' long); No carport spaces
  • Security: Smoke detector(s)
  • Utilities: City water; City sewer; Municipal utility district: No
  • Home design: Single family residence; Residential property; Built in 2018; Slab foundation; Brick and siding exterior; Composition roof; Not attached to another property; Deed restrictions
  • Construction: Brick and siding construction; Composition roof; Slab foundation; Year built 2018
  • Exterior features: Gutters; Wood fencing; Covered rear porch; Sprinkler system; Landscaped yard; Interior lot in a subdivision

Interior

  • Kitchen: Dishwasher; Disposal; Electric range; Microwave; Vented exhaust fan
  • Bedrooms: 3 bedrooms (primary bedroom on main level, approx. 13 x 12)
  • Flooring: Carpet; Luxury vinyl plank
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Central heating (electric); Central air (electric); Ceiling fan(s)
  • Interior features: Cable TV available; Decorative lighting; Granite counters; High-speed internet available; Pantry; One living area; One dining area; One level (single story)
  • Laundry & utility: Washer 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 $250k.

Deal economics

  • At list price, monthly cash flow is $267 ($3k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($3k rent vs $250k).
  • Recommended offer: $246k (1.5% below list) — sets the bar for market timing.

Location & tenants

  • Location reads 75/100 on livability (#142 in TX, #4,037 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime D, commute F.
  • Abilene ISD (urban): math 32% / reading 34% proficiency, ranked #575 of 826 in TX (top 70%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Dyess El (math 48% / reading 53%, grade D+, #833 of 4,322 statewide, top 20%, 617 students, 69% FRL).
  • Zoned-school proficiency averages 50% at this address vs 33% district-wide (+18 pts) — the actual schools serving this property are materially stronger than the Abilene ISD average implies; a family-tenant draw the district grade alone would hide.
  • Market conditions: Rents rising fast (+40.7%/yr); 288 active listings in the ZIP; 9 comparable units currently listed for rent nearby; rentals leasing fast (median 13d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 508 units permitted in Taylor County in 2024 (0 in 5+ unit buildings).
  • This rent runs 40% of the median local income ($79k/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 $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
  • Taylor County population projected at +16% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (-3.0% appreciation + 8.0% rent growth), your $70k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 24 days — a 2% lower offer ($246k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts since 8y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

  • Climate carrying-cost: severe wildfire risk; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $246,250 (1.5% below list)

Questions for the listing agent

  1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  2. 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?
  3. 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?
  4. 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.
  5. 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.
  6. 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
1.07%
Cap rate
7.57%
Cash-on-cash
4.57%
DSCR
1.20
GRM
7.8

CMA / ARV

ARV (median comp)
$265,036
List price
$250,000
Delta
-5.67%
Verdict
FAIR
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
3142 Delaware Rd 0.29mi 3/2.0 1,265 (-2%) 10mo $199,900 $158 76
2847 Lynn Ln 0.40mi 3/2.0 1,254 (-3%) 2mo $272,490 $217 76
2854 Lynn Ln 0.39mi 3/2.0 1,254 (-3%) 3mo $273,015 $218 75
3048 Lynn Ln 0.39mi 3/2.0 1,254 (-3%) 3mo $272,490 $217 75
3081 Lynn Ln 0.44mi 3/2.0 1,254 (-3%) 0mo $272,490 $217 75
3088 Lynn Ln 0.44mi 3/2.0 1,254 (-3%) 1mo $276,490 $220 75
3065 Lynn Ln 0.40mi 3/2.0 1,254 (-3%) 3mo $272,490 $217 74
3024 Lynn Ln 0.40mi 3/2.0 1,254 (-3%) 6mo $272,490 $217 72
3033 Lynn Ln 0.42mi 3/2.0 1,254 (-3%) 6mo $272,490 $217 71
3009 Lynn Ln 0.40mi 3/2.0 1,254 (-3%) 7mo $272,490 $217 71
2911 Lynn Ln 0.39mi 3/2.0 1,254 (-3%) 8mo $276,535 $221 70
2878 Lynn Ln 0.38mi 3/2.0 1,254 (-3%) 10mo $273,015 $218 70

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 · 8.0% rent growth · sell at horizon

5-year hold
IRR
-3.4%
Equity multiple
0.87×
Total profit
$-9,337
Equity at exit
$37,276
10-year hold
IRR
11.5%
Equity multiple
2.12×
Total profit
$78,239
Equity at exit
$21,615

Cash invested: $70,000 (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 79606

Rents YoY
40.7%
Active inventory
288
Price-to-rent
7.8×

Monthly cashflow live

Estimated rent
$2,663 high interval (Pro) →
Mortgage (P&I)
$1,311
Tax from tax record
$422 /mo · $5,061/yr
Insurance
$104
HOA
$0
Vacancy / Maint / Mgmt
$559
Net cashflow
$267

Break-even live

Break-even rent $2,325
Max offer price $250,000
Occupancy floor 85%

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
$62,500
Closing costs
$7,500
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.

Rent comps 9 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
2943 Journey Ln Abilene, TX 3.0 2.0 1531 $2,850 $1.86 43d 1 0.02mi
2870 Glennster St Abilene, TX 3.0 2.0 1209 $2,299 $1.90 13d 1 0.44mi
3035 Glennster St Abilene, TX 3.0 2.0 1457 $2,550 $1.75 13d 1 0.49mi
2726 Roman Ln Abilene, TX 3.0 2.0 1100 $2,399 $2.18 5d 1 0.56mi
2620 Roman Ln Abilene, TX 3.0 2.0 1314 $2,399 $1.83 7d 1 0.59mi
5765 Abbey Rd Abilene, TX 3.0 2.0 1546 $2,800 $1.81 43d 1 1.13mi
3302 Shelby Rd Abilene, TX 3.0 2.0 1582 $3,195 $2.02 43d 1 1.23mi
5749 Foxfire Dr Abilene, TX 3.0 2.0 1268 $2,995 $2.36 13d 1 1.24mi
3712 Kala Dr Abilene, TX 3.0 2.0 1500 $2,500 $1.67 13d 1 1.33mi

Listing history 13 events

  1. 2026-06-02
    status $250,000 Pending 24 DOM
  2. 2026-06-01
    days on market $250,000 Active Option Contract 24 DOM
  3. 2026-05-31
    days on market $250,000 Active Option Contract 23 DOM
  4. 2026-05-30
    days on market $250,000 Active Option Contract 22 DOM
  5. 2026-05-08
    listed $250,000 Active 1899-char remark
  6. 2022-08-02
    soldstatus
  7. 2022-08-01
    soldstatus Closed 664-char remark
    Show marketing remark (664 chars)

    Gorgeous 3 bedroom, 2 bathroom home in Hampton Hills Subdivision. This home is an open concept floor plan with Luxury Vinyl Plank flooring throughout, and carpet in the bedrooms. High ceilings make this home feel very spacious. The kitchen offers granite counter tops, stained cabinets, a farm sink, see through glass cabinets near the sink and recessed lighting. The dining room features a beautiful new chandelier. The guest bathroom features custom made carpentry work. Spacious bedrooms, and a separate laundry room just off the kitchen are also included in this home. The backyard has a covered patio and a large grass backyard that is great for entertaining.

  8. 2022-06-18
    status Pending 664-char remark
    Show marketing remark (664 chars)

    Gorgeous 3 bedroom, 2 bathroom home in Hampton Hills Subdivision. This home is an open concept floor plan with Luxury Vinyl Plank flooring throughout, and carpet in the bedrooms. High ceilings make this home feel very spacious. The kitchen offers granite counter tops, stained cabinets, a farm sink, see through glass cabinets near the sink and recessed lighting. The dining room features a beautiful new chandelier. The guest bathroom features custom made carpentry work. Spacious bedrooms, and a separate laundry room just off the kitchen are also included in this home. The backyard has a covered patio and a large grass backyard that is great for entertaining.

  9. 2022-06-13
    listed $215,000 Active 664-char remark
    Show marketing remark (664 chars)

    Gorgeous 3 bedroom, 2 bathroom home in Hampton Hills Subdivision. This home is an open concept floor plan with Luxury Vinyl Plank flooring throughout, and carpet in the bedrooms. High ceilings make this home feel very spacious. The kitchen offers granite counter tops, stained cabinets, a farm sink, see through glass cabinets near the sink and recessed lighting. The dining room features a beautiful new chandelier. The guest bathroom features custom made carpentry work. Spacious bedrooms, and a separate laundry room just off the kitchen are also included in this home. The backyard has a covered patio and a large grass backyard that is great for entertaining.

  10. 2019-02-08
    soldstatus Sold
    Show marketing remark (248 chars)

    Awesome new construction 1270 Sq. Ft. , 3 bedroom 2 bath Home with Built in microwave, electric stove, laminate floors, carpet in the bedrooms, easy access to Dyess, retail, and restaurants. Fenced back yard, sod included. This home is a must see!!

  11. 2019-01-07
    status Pending
    Show marketing remark (248 chars)

    Awesome new construction 1270 Sq. Ft. , 3 bedroom 2 bath Home with Built in microwave, electric stove, laminate floors, carpet in the bedrooms, easy access to Dyess, retail, and restaurants. Fenced back yard, sod included. This home is a must see!!

  12. 2019-01-02
    historical Active Option Contract
    Show marketing remark (248 chars)

    Awesome new construction 1270 Sq. Ft. , 3 bedroom 2 bath Home with Built in microwave, electric stove, laminate floors, carpet in the bedrooms, easy access to Dyess, retail, and restaurants. Fenced back yard, sod included. This home is a must see!!

  13. 2018-10-19
    listed $169,900 Active
    Show marketing remark (248 chars)

    Awesome new construction 1270 Sq. Ft. , 3 bedroom 2 bath Home with Built in microwave, electric stove, laminate floors, carpet in the bedrooms, easy access to Dyess, retail, and restaurants. Fenced back yard, sod included. This home is a must see!!

ⓘ 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
$5,061 · $422/mo
Projected year-2 tax
$5,061 · $422/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 (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 8/10 Severe
  • 🌡 Heat 7/10 Severe 7 d/yr ≥104°F today · 23 d/yr by 30 yrs out
  • 💨 Wind 4/10 Moderate 15% chance of damaging wind over 30 yrs
  • 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 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
$31,955
− Mortgage interest
−$14,004
− Property taxes
−$5,061
− Insurance
−$1,250
− Repairs & maintenance
−$2,556
− Management
−$2,556
− Depreciation
−$7,273
Taxable loss
−$745
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$179
After-tax cash flow
$3,380/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
Abilene ISD
NCES district ID
4807440
Math proficiency
32% ▼ -11.00%
Reading proficiency
34% ▼ -5.00%
Median HH income
$39,782
Composite
27.71/100
National rank
#6909
State rank
#575 of 826 in TX

Livability — Abilene

Score
75/100
State rank
#142
US rank
#4037

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Abilene, TX
County
Taylor County · 136,672 people
City population
136,672
Metro
Abilene, TX
Population (ZIP)
29,182
Household income
$79,196
Rent vs Own
47.0% rent · 53.0% own
Severe rent burden
1181.0

Population outlook (Taylor County) Hauer SSP2

Today (2025)
145,270 people
By 2030
150,050 · +3.3%
By 2040
159,417 · +9.7%
By 2050
168,883 · +16.3%
By 2075
194,436 · +33.8%
By 2100
203,163 · +39.9%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (69%)
Race & ethnicity
White 69% Hispanic / Latino 19% Two or more races 11% Black 6% Asian 4%
Hispanic origin (detail)
Mexican 14%
Common ancestry
Italian 4% Slovak 2% Serbian 1%
Foreign-born
7% · Canada, Vietnam
Languages at home
86% English-only · Spanish 10% Tagalog/Filipino 1% Other Indo-European 1%

Political lean MEDSL · Taylor

2024 margin
Solid R (+49.8) · D 24.6% · R 74.4% · Other 1.0%
2008→2024 swing
-4.2pp toward R · 2008: -45.6pp · 2024: -49.8pp
All cycles
2024: R+49.8 2020: R+45.3 2016: R+51.1 2012: R+53.6 2008: R+45.6

Not yet ingested

Civics

Market trends

HPI YoY
▼ -167.33%
Current HPI
179.2555
Rent YoY
▲ 40.73%
Metro
Abilene, TX
State GDP YoY
▲ 3.95%
F500 in state
110

Industry mix (Fortune 500 HQ in TX)

Industry F500 HQs Revenue

Price history

+47.1% since first listed
11 events — show timeline
  • 2026-06-01 Pending NTREIS
  • 2026-05-21 Contingent NTREIS
  • 2026-05-08 Listed $250,000 NTREIS
  • 2022-08-02 Sold (Public Records) Public Records
  • 2022-08-01 Sold (MLS) NTREIS
  • 2022-06-18 Pending NTREIS
  • 2022-06-13 Listed $215,000 NTREIS
  • 2019-02-08 Sold (MLS) NTREIS
  • 2019-01-07 Pending NTREIS
  • 2019-01-02 Contingent NTREIS
  • 2018-10-19 Listed $169,900 NTREIS

Property tax history

+113.9%/yr

Latest (2025): $5,061 · -1.2% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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