6842 Jennings Dr · Abilene, TX
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 8/10 · Major
- Est. fire insurance / yr
- $1,222 – $2,270
Heat risk 7/10 · Major
- Hot days now (above 104°F)
- 7 days/yr
- Hot days in 30 yrs
- 23 days/yr
Wind risk 4/10 · Minor
- Chance of severe wind over 30 yrs
- 15.0%
Air-quality risk 1/10 · Minimal
- Unhealthy air days now
- 0 days/yr
- Unhealthy air days in 30 yrs
- 0 days/yr
Risk factors via First Street. Map © Google.
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
🖨 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
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
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.
Questions for the listing agent
- 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 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?
- 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
- 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
- IRR
- -3.4%
- Equity multiple
- 0.87×
- Total profit
- $-9,337
- Equity at exit
- $37,276
- 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
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
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
| Address | Beds | Baths | Sqft | Rent | $/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
-
2026-06-02status $250,000 Pending 24 DOM
-
2026-06-01days on market $250,000 Active Option Contract 24 DOM
-
2026-05-31days on market $250,000 Active Option Contract 23 DOM
-
2026-05-30days on market $250,000 Active Option Contract 22 DOM
-
2026-05-08$250,000 Active 1899-char remark
-
2022-08-02soldstatus
-
2022-08-01soldstatus 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.
-
2022-06-18status 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.
-
2022-06-13$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.
-
2019-02-08soldstatus 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!!
-
2019-01-07status 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!!
-
2019-01-02historical 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!!
-
2018-10-19$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
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
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
- 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
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
- 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 |
|---|---|---|
| Energy | 16 | $1,198B |
|
||
| Technology | 5 | $198B |
|
||
| Engineering / Construction | 4 | $72B |
|
||
| Energy Services | 3 | $60B |
|
||
| Utilities | 3 | $41B |
|
||
| Healthcare | 2 | $330B |
|
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Price history
+47.1% since first listed11 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%/yrLatest (2025): $5,061 · -1.2% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…