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185 County Road 4005
A Composite 86.02
Why this score? — see what drove the A 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
  • ARV discount +15.0/15.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Appreciation +10.0/10.0
  • Livability +3.2/5.0
  • Schools +2.8/10.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0

$58,049

185 County Road 4005 · Woodville, TX 75979
1 bd · 1.0 ba · 780 sqft · SingleFamily public records · 444 Days on market
1.92 ac lot $74/sqft · 47% below area Est $110k · 47% under ↓ 8% since listing

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

ALMOST TWO ACRES! 185 CR 4005 presents an opportunity for investors or individuals seeking a sizable parcel of land. Although there is an old building on this property the structure it will need significant renovations or perhaps demolition. The true value lies in the large lot which is almost two acres (83,460 square feet). This large lot can be used for a future development or for your new home site. Whether you're just looking to invest in some land or to build a new home this may be just what you are looking for. This location offers you direct access to US Hwy 190, and you will be close to some great food chains, and local shops. WE MAKE IT EASY TO OWN. This is a great opportunity! Don't wait, call us today to get more information on the owner's easy terms and smooth process that may be able to put the deed in your name and make this your dream property.

Key facts

  • Large lot
  • Almost two acres
  • 1.92 acre lot

Tags

ALMOST TWO ACRESLARGE LOTDIRECT ACCESS TO US HWY 190

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 1-bed/1.0-bath single-family listed at $58k.

Deal economics

  • At list price, monthly cash flow is $428 ($5k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $58k).
  • Recommended offer: $51k (12.0% below list) — sets the bar for market timing.
  • Cap rate 15.1% vs local median 2.8% in Woodville — 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 64/100 on livability (#741 in TX) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: schools D-, amenities F, commute F.
  • Woodville ISD (town): math 34% / reading 34% proficiency, ranked #563 of 826 in TX (top 68%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: 215 active listings in the ZIP; 5 units permitted in Tyler County in 2024 (0 in 5+ unit buildings).

Forward outlook

  • In year one you build about $6k of equity ($402 loan paydown + $6k appreciation (10.0% local appreciation)).
  • Tyler County population projected at -12% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
  • At projected returns (10.0% appreciation + 3.0% rent growth), your $16k cash investment doubles in ~2 years — after that, you're playing with house money.
  • By year 6, paydown + projected appreciation supports a ~$37k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • It's been on market 444 days — a 12% lower offer ($51k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

  • Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; moderate 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 $51,083 (12.0% below list)

Questions for the listing agent

  1. It's been on market 444 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. 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?
  5. 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.
  6. 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.
  7. 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
1.75%
Cap rate
15.14%
Cash-on-cash
31.61%
DSCR
2.41
GRM
4.8

CMA / ARV

ARV (median comp)
$110,147
List price
$58,049
Delta
-47.30%
Verdict
UNDERPRICED
Comps
2 within 2.0 mi

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
48.4%
Equity multiple
4.62×
Total profit
$58,881
Equity at exit
$52,295
10-year hold
IRR
42.1%
Equity multiple
10.35×
Total profit
$151,952
Equity at exit
$112,776

Cash invested: $16,254 (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 75979

Home prices YoY
20.6%
Active inventory
215
Price-to-rent
4.8×

Monthly cashflow live

Estimated rent
$1,017 medium interval (Pro) →
Mortgage (P&I)
$304
Tax from tax record
$47 /mo · $564/yr
Insurance
$24
HOA
$0
Vacancy / Maint / Mgmt
$214
Net cashflow
$428

Break-even live

Break-even rent $475
Max offer price $58,049
Occupancy floor 53%

Sensitivity live

Price -10% $461 -5% $445 +0% $428 +5% $412 +10% $395
Rent -10% $348 -5% $388 +0% $428 +5% $468 +10% $508
Rate -1.0pp $457 -0.5pp $443 base $428 +0.5pp $413 +1.0pp $398

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
$14,512
Closing costs
$1,741
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.

Listing history 17 events

  1. 2026-06-18
    days on market $58,049 Active 444 DOM
  2. 2026-06-17
    days on market $58,049 Active 443 DOM
  3. 2026-06-16
    days on market $58,049 Active 442 DOM
  4. 2026-06-15
    days on market $58,049 Active 441 DOM
  5. 2026-06-14
    days on market $58,049 Active 439 DOM
  6. 2026-06-10
    days on market $58,049 Active 436 DOM
  7. 2026-06-09
    days on market $58,049 Active 435 DOM
  8. 2026-06-08
    days on market $58,049 Active 434 DOM
  9. 2026-06-07
    days on market $58,049 Active 433 DOM
  10. 2026-06-03
    days on market $58,049 Active 429 DOM
  11. 2026-06-02
    days on market $58,049 Active 428 DOM
  12. 2026-06-01
    days on market $58,049 Active 427 DOM
  13. 2026-05-31
    days on market $58,049 Active 426 DOM
  14. 2026-05-31
    days on market $58,049 Active 425 DOM
  15. 2025-05-28
    price $58,049 871-char remark
    Show marketing remark (871 chars)

    ALMOST TWO ACRES! 185 CR 4005 presents an opportunity for investors or individuals seeking a sizable parcel of land. Although there is an old building on this property the structure it will need significant renovations or perhaps demolition. The true value lies in the large lot which is almost two acres (83,460 square feet). This large lot can be used for a future development or for your new home site. Whether you're just looking to invest in some land or to build a new home this may be just what you are looking for. This location offers you direct access to US Hwy 190, and you will be close to some great food chains, and local shops. WE MAKE IT EASY TO OWN. This is a great opportunity! Don't wait, call us today to get more information on the owner's easy terms and smooth process that may be able to put the deed in your name and make this your dream property.

  16. 2025-03-31
    listed $63,049 Active 871-char remark
    Show marketing remark (871 chars)

    ALMOST TWO ACRES! 185 CR 4005 presents an opportunity for investors or individuals seeking a sizable parcel of land. Although there is an old building on this property the structure it will need significant renovations or perhaps demolition. The true value lies in the large lot which is almost two acres (83,460 square feet). This large lot can be used for a future development or for your new home site. Whether you're just looking to invest in some land or to build a new home this may be just what you are looking for. This location offers you direct access to US Hwy 190, and you will be close to some great food chains, and local shops. WE MAKE IT EASY TO OWN. This is a great opportunity! Don't wait, call us today to get more information on the owner's easy terms and smooth process that may be able to put the deed in your name and make this your dream property.

  17. 1995-05-11
    soldstatus

ⓘ 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
$564 · $47/mo
Projected year-2 tax
$1,062 · $89/mo
Expected delta
+$498/yr (+$42/mo · 88.4%)

ⓘ 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 5/10 Major
  • 🌡 Heat 8/10 Severe 7 d/yr ≥112°F today · 23 d/yr by 30 yrs out
  • 💨 Wind 8/10 Severe 99% 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
$12,208
− Mortgage interest
−$3,252
− Property taxes
−$564
− Insurance
−$290
− Repairs & maintenance
−$977
− Management
−$977
− Depreciation
−$1,689
Taxable income
$4,460
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,070
After-tax cash flow
$4,067/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
Woodville ISD
NCES district ID
4846440
Math proficiency
34% ▼ -1.00%
Reading proficiency
34% ▼ -3.00%
Median HH income
$36,581
Composite
28.24/100
National rank
#6800
State rank
#563 of 826 in TX

Livability — Woodville

Score
64/100
State rank
#741
US rank
#13727

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

County
Tyler County · 11,273 people
City population
11,273
Metro
nan
Population (ZIP)
11,273
Household income
$51,594
Rent vs Own
24.3% rent · 75.7% own
Severe rent burden
117.0

Population outlook (Tyler County) Hauer SSP2

Today (2025)
20,375 people
By 2030
20,036 · -1.7%
By 2040
19,150 · -6.0%
By 2050
18,017 · -11.6%
By 2075
15,300 · -24.9%
By 2100
11,702 · -42.6%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (68%)
Race & ethnicity
White 68% Black 17% Hispanic / Latino 12% Two or more races 7%
Hispanic origin (detail)
Mexican 10%
Common ancestry
Lithuanian 4% Slovak 1% Serbian 1%
Foreign-born
5% · Canada, Vietnam
Languages at home
90% English-only · Spanish 9%

Political lean MEDSL · Tyler

2024 margin
Solid R (+73.5) · D 13.0% · R 86.5%
2008→2024 swing
-29.5pp toward R · 2008: -44.0pp · 2024: -73.5pp
All cycles
2024: R+73.5 2020: R+70.3 2016: R+67.2 2012: R+55.5 2008: R+44.0

Not yet ingested

Civics

Market trends

HPI YoY
▲ 30.40%
Current HPI
178.2196
Rent YoY
Metro
nan
State GDP YoY
▲ 3.95%
F500 in state
110

Industry mix (Fortune 500 HQ in TX)

Industry F500 HQs Revenue

Price history

-7.9% since first listed
3 events — show timeline
  • 2025-05-28 Price Changed $58,049 HARMLS
  • 2025-03-31 Listed $63,049 HARMLS
  • 1995-05-11 Sold (Public Records) Public Records

Property tax history

+0.6%/yr

Latest (2025): $564 · +19.5% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…