1030 Pruett Dr · Edmond, OK 73003

$200,000

3 bd · 2.0 ba · 1,053 sqft · Townhouse public records · 9 Days on market

Built 1984 3,480 sqft lot

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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 +13.4/30.0
• ARV discount +7.5/15.0
• DSCR +4.0/10.0
• Livability +3.9/5.0
• Schools +3.6/10.0
• Rent growth +3.5/5.0
• 1% rule +3.1/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Move-in ready home in Edmond! This half duplex has 3 bedrooms, 2 full baths and a 2 car garage! The kitchen includes a stainless steel range and dishwasher. From the kitchen you can entertain guests in the cosy living and dining space which features a fireplace, vaulted ceiling and backyard access. Enjoy your back yard secured with a privacy fence to ensure comfort and separation from your neighbors. The master bedroom features an en suite bathroom and sliding glass door access to the backyard. The utility room with washer and dryer hookups leads you to the spacious two car garage. There is updated flooring and new blinds throughout. Reach out to discuss your opportunity to live an incredible school district near shopping and entertainment!

Key facts

• Mature tree
• Natural light
• Cul-de-sac

Tags

• CUL-DE-SAC
• EDMOND SCHOOL DISTRICT
• NATURAL LIGHT
• SKYLIGHT
• PRIVATE FENCED BACK YARD
• MATURE TREE

Property features AI

Finance

• Other: Property is not historically designated; Assessor-provided living area
• Financial info: Eligible for financing (loan qualify: yes); Sale may require court approval
• HOA & community: No mandatory association dues

Exterior

• Parking: 2-car garage
• Utilities: Homestead status: yes
• Home design: Residential half duplex; Single-story; Entry level: One; Existing property
• Construction: Brick and frame construction; Composition roof; Slab foundation; Built as existing (no model home)
• Exterior features: Open patio; Rain gutters; Corner lot; Located on a cul-de-sac

Interior

• Bedrooms: 3 bedrooms
• Bathrooms: 2 full bathrooms
• Interior features: One living area; Gas log fireplace

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath townhouse listed at $200k.

Deal economics

• At list price, monthly cash flow is $5 ($62/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 $163k (18.6% below list).
• Recommended offer: $163k (18.6% below list) — sets the bar for 1% rule.
• Cap rate 6.3% vs local median 3.4% in Edmond — 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 78/100 on livability (#6 in OK, #2,383 nationally) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A+, crime A-; Watch: health & safety C-, commute F.
• Edmond (suburban): math 38% / reading 40% proficiency, ranked #11 of 270 in OK (top 4%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Ida Freeman Es (math 17% / reading 17%, grade F, #540 of 845 statewide, top 68%, 464 students, 0% FRL); Central Ms (math 40% / reading 42%, grade F, #5 of 345 statewide, top 1%, 980 students, 0% FRL); North Hs (math 47% / reading 57%, grade D+, #1 of 447 statewide, top 0%, 2,555 students, 0% FRL) — zoned schools average 0% FRL vs 22% district-wide (22 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: Rents rising (+3.9%/yr); 220 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 5,365 units permitted in Oklahoma County in 2024 (569 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 $6k of value loss. Plan a longer hold.
• Oklahoma County population projected at +41% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 9 days on market — expect competitive offers; lowballing is unlikely to land.
• 8 sale attempts since 19y ago; this cycle's ask is 900% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
• Current owner paid $160k; 25% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $162,874 (18.6% 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 A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
3. 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?
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: 0.81% ✗
• Cap rate: 6.32%
• Cash-on-cash: 0.11%
• DSCR: 1.00
• GRM: 10.2

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.86% rent growth · sell at horizon

5-year hold

• IRR: -15.3%
• Equity multiple: 0.45×
• Total profit: $-30,697
• Equity at exit: $29,821

10-year hold

• IRR: -5.5%
• Equity multiple: 0.63×
• Total profit: $-20,525
• Equity at exit: $17,292

Cash invested: $56,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 83 Strongly Landlord-Friendly
• State Oklahoma: 83 Strongly Landlord-Friendly · R+20
• County: — inherits STATE
• City: — inherits STATE

5-day notice; strongly landlord-favorable.

Methodology + full state rankings →

ZIP-level market 73003

• Home prices YoY: -31.2%
• Rents YoY: 3.9%
• Active inventory: 220
• Price-to-rent: 10.2×

Monthly cashflow live

• Estimated rent: $1,629 high
• Mortgage (P&I): −$1,049
• Tax from tax record: −$149 /mo · $1,793/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$342
• Net cashflow: $5

Break-even live

Break-even rent $1,622

Max offer price $200,000

Occupancy floor 95%

Sensitivity live

Price	-10% $118	-5% $62	+0% $5	+5% $-51	+10% $-108
Rent	-10% $-124	-5% $-59	+0% $5	+5% $69	+10% $134
Rate	-1.0pp $106	-0.5pp $56	base $5	+0.5pp $-47	+1.0pp $-99

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: $50,000
• Closing costs: $6,000
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1129 Carpe Diem Ct Edmond, OK	3.0	2.0	1250	$1,595	$1.28	5d	1	0.14mi
313 Dooley Creek Ln Edmond, OK	3.0	2.0	1295	$1,595	$1.23	25d	1	0.17mi
317 Dooley Creek Ln Edmond, OK	3.0	2.0	1295	$1,595	$1.23	16d	1	0.17mi
714 W Hurd St Edmond, OK	2.0	1.0	1000	$1,150	$1.15	25d	1	0.26mi
25 Creek View Dr Edmond, OK	1.0–2.0	1.0–2.0	872	$1,336	$1.53	5d	1	0.26mi
733 Lapwing Rd Edmond, OK	2.0	2.0	1216	$1,450	$1.19	25d	1	0.37mi
620 Winding Ln Edmond, OK	3.0	2.0	1133	$1,550	$1.37	3d	1	0.39mi
1015 Swan Lake Ct Edmond, OK	2.0	2.0	1200	$1,295	$1.08	25d	1	0.39mi
1015 Swan Lake Ct Edmond, OK	2.0	2.0	1200	$1,295	$1.08	5d	1	0.39mi
612 W 2nd St Unit 100 Edmond, OK	3.0	2.5	1414	$1,895	$1.34	23d	1	0.47mi
15 S Walnut St Edmond, OK	2.0	1.0	1162	$1,400	$1.20	25d	1	0.56mi
513 Sunnyside Pl Edmond, OK	3.0	1.5	1130	$1,350	$1.19	5d	1	0.56mi
413 Meadow Lake Dr Edmond, OK	4.0	2.0	1369	$1,500	$1.10	3d	1	0.64mi
320 Cedar Crest Dr Edmond, OK	3.0	1.5	1051	$1,295	$1.23	3d	1	0.66mi
425 Chalk Hill Ct Edmond, OK	3.0	2.0	1243	$1,550	$1.25	16d	1	0.73mi
437 Chalk Hill Ct Edmond, OK	3.0	2.0	1216	$1,595	$1.31	25d	1	0.73mi
412 Chalk Hill Ct Edmond, OK	3.0	2.0	1216	$1,565	$1.29	16d	1	0.75mi
242 Barrett Pl Edmond, OK	2.0	1.0	1029	$1,150	$1.12	23d	1	0.76mi
436 Chalk Hill Ct Edmond, OK	3.0	2.0	1274	$2,850	$2.24	25d	1	0.77mi
436 Chalk Hill Ct Edmond, OK	3.0	2.0	1274	$2,850	$2.24	23d	1	0.77mi
425 Sterling Pointe Way Unit 425 Edmond, OK	2.0	2.0	1050	$1,300	$1.24	5d	1	0.78mi
105 W Hurd St Edmond, OK	2.0	1.0	930	$1,550	$1.67	3d	1	0.79mi
231 Barrett Pl Edmond, OK	3.0	2.0	1175	$1,295	$1.10	25d	1	0.80mi
101 W Main St Edmond, OK	3.0	1.0–2.0	991	$2,320	$2.34	3d	111	0.83mi
211 Ashley Dr Edmond, OK	3.0	2.0	1250	$1,440	$1.15	25d	1	0.88mi
159 Barrett Pl Edmond, OK	2.0	1.5	1175	$1,175	$1.00	25d	1	0.89mi
200 Ashley Dr Edmond, OK	3.0	2.0	1225	$1,375	$1.12	25d	1	0.89mi
808 Mars Cir Unit 1 Edmond, OK	3.0	1.0	1401	$1,375	$0.98	21d	1	0.89mi
128 Ashley Dr Edmond, OK	3.0	2.0	1250	$1,455	$1.16	25d	1	0.90mi
1303 Fretz Ave Edmond, OK	2.0	2.0	1007	$1,295	$1.29	5d	1	0.90mi
1225 Sequoyah Pl Edmond, OK	2.0	1.5	1183	$1,350	$1.14	16d	1	0.95mi
1504 Apollo Rd Edmond, OK	3.0	2.0	1435	$1,475	$1.03	13d	1	0.95mi
5 E Thatcher St Edmond, OK	3.0	1.0	1144	$1,550	$1.35	25d	1	1.00mi
600 N Broadway Edmond, OK	2.0	1.0	1062	$1,325	$1.25	3d	1	1.03mi
1013 Kelly Park Rd Edmond, OK	4.0	2.0	1450	$1,550	$1.07	3d	1	1.05mi
504 N Boulevard Edmond, OK	3.0	2.0	1250	$2,595	$2.08	16d	1	1.14mi
1028 Mollie Rausch Ln Edmond, OK	3.0	2.0	1495	$1,650	$1.10	25d	1	1.14mi
804 Stag Trl Edmond, OK	3.0	2.0	1250	$1,550	$1.24	5d	1	1.20mi
804 Stag Trl Edmond, OK	3.0	2.0	1250	$1,550	$1.24	25d	1	1.20mi
320 E Edwards St Apt 12 Edmond, OK	2.0	1.0	927	$1,100	$1.19	25d	1	1.25mi

Listing history 7 events

1. 2026-06-21
   days on market $200,000 Active 9 DOM
2. 2026-06-18
   days on market $200,000 Active 6 DOM
3. 2026-06-17
   days on market $200,000 Active 5 DOM
4. 2026-06-16
   days on market $200,000 Active 4 DOM
5. 2026-06-15
   days on market $200,000 Active 3 DOM
6. 2026-06-13
   remarks 615-char remark
7. 2026-06-13
   listed $200,000 Active 1 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast OK · Resets to sale price

• Current annual tax: $1,793 · $149/mo
• Projected year-2 tax: $1,800 · $150/mo
• Expected delta: +$7/yr (+$1/mo · 0.4%)

ⓘ 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 3/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥108°F today · 19 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 3% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,545
• − Mortgage interest: −$11,203
• − Property taxes: −$1,793
• − Insurance: −$1,000
• − Repairs & maintenance: −$1,564
• − Management: −$1,564
• − Depreciation: −$5,818
• Taxable loss: −$3,397
• Est. tax savings @ 24.0%: +$815
• After-tax cash flow: $877/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: Edmond
• NCES district ID: 4010590
• Math proficiency: 38% ▼ -12.00%
• Reading proficiency: 40% ▼ -12.00%
• Median HH income: $73,212
• Composite: 35.88/100
• National rank: #4814
• State rank: #11 of 270 in OK

Livability — Edmond

• Score: 78/100
• State rank: #6
• US rank: #2383

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Edmond, OK
• County: Oklahoma County · 771,644 people
• City population: 177,083
• Metro: Oklahoma City, OK
• Population (ZIP): 23,236
• Household income: $78,149
• Rent vs Own: 42.1% rent · 57.9% own
• Severe rent burden: 988.0

Population outlook (Oklahoma County) Hauer SSP2

• Today (2025): 911,875 people
• By 2030: 982,413 · +7.7%
• By 2040: 1,130,468 · +24.0%
• By 2050: 1,288,422 · +41.3%
• By 2075: 1,711,482 · +87.7%
• By 2100: 2,088,448 · +129.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (69%)
• Race & ethnicity: White 69% Two or more races 13% Black 9% Hispanic / Latino 9% Asian 3%
• Hispanic origin (detail): Mexican 7%
• Common ancestry: Italian 2% Slovak 2% Lithuanian 1%
• Foreign-born: 8% · Canada, China
• Languages at home: 90% English-only · Spanish 5% Other Indo-European 2% Chinese 1%

Political lean MEDSL · Oklahoma

• 2024 margin: Toss-up / Even · D 48.0% · R 49.7% · Other 2.3%
• 2008→2024 swing: +15.1pp toward D · 2008: -16.8pp · 2024: -1.7pp
• All cycles: 2024: R+1.7 2020: R+1.1 2016: R+10.5 2012: R+16.7 2008: R+16.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -104.15%
• Current HPI: 229.3899
• Rent YoY: ▲ 3.86%
• Metro: Oklahoma City, OK
• State GDP YoY: ▲ 1.55%
• F500 in state: 6

Industry mix (Fortune 500 HQ in OK)

Industry	F500 HQs	Revenue
▸Energy	3	$48B

Price history

+281.0% since first listed

25 events — show timeline

• 2026-06-12 Price Changed $200,000 MLSOK
• 2026-06-12 Listed $20,000 MLSOK
• 2023-04-21 Sold (Public Records) $159,500 Public Records
• 2023-04-20 Sold (MLS) $159,500 MLSOK
• 2023-03-20 Pending — MLSOK
• 2023-03-15 Listed $168,500 MLSOK
• 2017-12-27 Sold (Public Records) $100,000 Public Records
• 2017-12-18 Sold (MLS) $100,000 MLSOK
• 2017-11-20 Pending — MLSOK
• 2017-11-10 Relisted — MLSOK
• 2017-11-05 Pending — MLSOK
• 2017-10-11 Relisted — MLSOK
• 2017-10-02 Pending — MLSOK
• 2017-09-20 Listed $100,000 MLSOK
• 2017-09-13 Listing Removed — MLSOK
• 2017-08-29 Price Changed $112,500 MLSOK
• 2017-08-16 Listed $114,900 MLSOK
• 2017-07-28 Pending — MLSOK
• 2017-07-28 Listed $82,775 MLSOK
• 2017-07-25 Sold (MLS) $82,775 MLSOK
• 2007-05-22 Sold (Public Records) $80,000 Public Records
• 2007-05-18 Sold (MLS) $79,900 MLSOK
• 2007-04-13 Listed $79,900 MLSOK
• 1991-08-08 Sold (Public Records) $23,500 Public Records
• 1990-12-07 Sold (Public Records) $52,500 Public Records

Property tax history

+6.7%/yr

Latest (2025): $1,793 · +2.1% YoY. Source: county tax records.