319 Zero St · Robert Lee, TX 76945

$110,000

4 bd · 2.0 ba · 2,488 sqft · SingleFamily public records · 8 Days on market

Built 1955 0.80 ac lot

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Why this score? — see what drove the B 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
• DSCR +10.0/10.0
• 1% rule +8.1/10.0
• ARV discount +7.5/15.0
• Appreciation +5.0/10.0
• Schools +4.0/10.0
• Livability +3.3/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks

4 bedroom, 2 bath home situated on a generous . 79 acre lot at the edge of town. The distinctive stone exterior features rock sourced from the original courthouse at Hayrick, adding unique character and charm. With plenty of space inside and out, this property offers an opportunity to update and make it your own while enjoying a peaceful setting.

Key facts

• Generous acre lot
• Stone exterior
• Peaceful setting

Tags

• STONE EXTERIOR
• GENEROUS ACRE LOT
• PEACEFUL SETTING

Property features AI

Finance

• Other: Property located in the Riverview subdivision

Exterior

• Parking: Garage (1 space); Carport (4 spaces)
• Utilities: Public water; Public sewer
• Home design: Single family residence; One level
• Construction: Stone construction; Slab foundation; Built (year not provided)
• Exterior features: Shingle roof; Paved city street frontage; Public maintained road

Interior

• Kitchen: Built-in electric oven; Electric cooktop; Dishwasher
• Flooring: Concrete flooring
• Bathrooms: 2 full bathrooms
• Heating & cooling: Space heater; Wall/Window cooling units
• Interior features: Built-in electric oven, dishwasher, electric cooktop; Wood-burning fireplace

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $110k.

Deal economics

• At list price, monthly cash flow is $446 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $110k).

Location & tenants

• Location reads 66/100 on livability (#608 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A, crime A-; Watch: schools C-, health & safety C-, amenities F.
• Robert Lee ISD (rural): math 50% / reading 40% proficiency, ranked #573 of 1,141 in TX (top 50%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 29 active listings in the ZIP; 3 units permitted in Coke County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $4k of equity ($761 loan paydown + $3k appreciation (3.0% local appreciation)).
• Coke County population projected to shrink 5% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (3.0% appreciation + 3.0% rent growth), your $31k cash investment doubles in ~4 years — after that, you're playing with house money.
• By year 8, paydown + projected appreciation supports a ~$30k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 8 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: built in 1955 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major 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 $110,000

Questions for the listing agent

1. Built in 1955 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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.
4. 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.
5. 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: 1.31% ✓
• Cap rate: 11.16%
• Cash-on-cash: 17.37%
• DSCR: 1.77
• GRM: 6.3

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: 23.8%
• Equity multiple: 2.35×
• Total profit: $41,635
• Equity at exit: $49,461

10-year hold

• IRR: 24.7%
• Equity multiple: 4.52×
• Total profit: $108,403
• Equity at exit: $76,225

Cash invested: $30,800 (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 76945

• Active inventory: 29
• Price-to-rent: 6.3×

Monthly cashflow live

• Estimated rent: $1,444 medium
• Mortgage (P&I): −$577
• Tax from tax record: −$73 /mo · $870/yr
• Insurance: −$46
• HOA: −$0
• Vacancy / Maint / Mgmt: −$303
• Net cashflow: $446

Break-even live

Break-even rent $880

Max offer price $110,000

Occupancy floor 64%

Sensitivity live

Price	-10% $508	-5% $477	+0% $446	+5% $415	+10% $384
Rent	-10% $332	-5% $389	+0% $446	+5% $503	+10% $560
Rate	-1.0pp $501	-0.5pp $474	base $446	+0.5pp $417	+1.0pp $388

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: $27,500
• Closing costs: $3,300
• Reserves months: —
• Total cash needed: —

Listing history 8 events

1. 2026-06-19
   days on market $110,000 Active 8 DOM
2. 2026-06-18
   days on market $110,000 Active 7 DOM
3. 2026-06-17
   days on market $110,000 Active 6 DOM
4. 2026-06-16
   days on market $110,000 Active 5 DOM
5. 2026-06-15
   days on market $110,000 Active 4 DOM
6. 2026-06-14
   days on market $110,000 Active 2 DOM
7. 2026-06-13
   remarks 348-char remark
8. 2026-06-13
   listed $110,000 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 TX · Resets to sale price

• Current annual tax: $870 · $73/mo
• Projected year-2 tax: $2,013 · $168/mo
• Expected delta: +$1,143/yr (+$95/mo · 131.3%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low 0% chance over 30 yrs
• 🔥 Wildfire 7/10 Severe
• 🌡 Heat 7/10 Severe 7 d/yr ≥105°F today · 23 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 14% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,334
• − Mortgage interest: −$6,162
• − Property taxes: −$870
• − Insurance: −$550
• − Repairs & maintenance: −$1,387
• − Management: −$1,387
• − Depreciation: −$3,200
• Taxable income: $3,778
• Est. tax owed @ 24.0%: −$907
• After-tax cash flow: $4,444/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: Robert Lee ISD
• NCES district ID: 4837380
• Math proficiency: 50% ▲ 5.00%
• Reading proficiency: 40% ▼ -5.00%
• Median HH income: $38,746
• Composite: 39.81/100
• National rank: #7972
• State rank: #573 of 1141 in TX

Livability — Robert Lee

• Score: 66/100
• State rank: #608
• US rank: #11550

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Robert Lee, TX
• Population (ZIP): 1,706

Population outlook (Coke County) Hauer SSP2

• Today (2025): 3,120 people
• By 2030: 3,073 · -1.5%
• By 2040: 3,008 · -3.6%
• By 2050: 2,973 · -4.7%
• By 2075: 3,028 · -2.9%
• By 2100: 2,989 · -4.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (77%)
• Race & ethnicity: White 77% Hispanic / Latino 21% Two or more races 7% Black 1%
• Hispanic origin (detail): Mexican 17%
• Common ancestry: Italian 5% Slovak 4% Romanian 1%
• Foreign-born: 3% · Canada
• Languages at home: 92% English-only · Spanish 8%

Political lean MEDSL · Coke

• 2024 margin: Solid R (+79.6) · D 9.9% · R 89.5%
• 2008→2024 swing: -18.9pp toward R · 2008: -60.7pp · 2024: -79.6pp
• All cycles: 2024: R+79.6 2020: R+79.1 2016: R+79.1 2012: R+73.8 2008: R+60.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: —
• Current HPI: —
• Rent YoY: —
• Metro: —
• 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

1 event — show timeline

• 2026-06-10 Listed $110,000 SAAR TX

Property tax history

+2.1%/yr

Latest (2025): $870 · +4.1% YoY. Source: county tax records.