149 S Oak Tree · Seven Points, TX 75143

$89,000

2 bd · 1.0 ba · 400 sqft · SingleFamily · 121 Days on market

Built 2026 Good condition 5,227 sqft lot ↓ 18% since listing

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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 +25.5/30.0
• DSCR +8.4/10.0
• ARV discount +7.5/15.0
• 1% rule +6.7/10.0
• Condition / age +4.0/5.0
• Schools +3.8/10.0
• Livability +3.0/5.0
• Rent growth +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Discover the serene allure of Seven Points, Texas, conveniently situated near the pristine waters of Cedar Creek Lake. This distinctive property encompasses two combined lots, offering a fenced perimeter that ensures privacy and presents limitless opportunities for creating your personal retreat. Ideally suited as a base camp or weekend getaway, the property is perfectly positioned to take advantage of the boating, fishing, and diverse recreational activities available at Cedar Creek Lake. It invites you to relax, disconnect, and design the retreat you have always envisioned. The modular home features two bedrooms, one bathroom, and a spacious kitchen and living area. Outdoor amenities include a grill, shower, and expansive wooden decking. Additionally, the property offers extra parking space. Located in Seven Points, TX, it is just minutes away from shopping and the attractions of Cedar Creek Lake.

Key facts

• Fenced perimeter
• Two combined lots
• Extra parking space

Tags

• FENCED PERIMETER
• TWO COMBINED LOTS
• OUTDOOR AMENITIES
• EXPANSIVE WOODEN DECKING
• EXTRA PARKING SPACE

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $89k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $208 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $89k).
• Recommended offer: $78k (12.0% below list) — sets the bar for market timing.
• Cap rate 9.1% vs local median 3.1% in Seven Points — 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 60/100 on livability (#1,063 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime B+; Watch: employment D, schools F, amenities F.
• Mabank ISD (town): math 47% / reading 44% proficiency, ranked #273 of 826 in TX (top 33%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 440 active listings in the ZIP; 263 units permitted in Henderson County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $615 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 121 days — a 12% lower offer ($78k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $20k (18%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Recommended offer $78,320 (12.0% below list)

Questions for the listing agent

1. It's been on market 121 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 F-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: 1.17% ✓
• Cap rate: 9.09%
• Cash-on-cash: 9.99%
• DSCR: 1.44
• GRM: 7.1

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: -1.3%
• Equity multiple: 0.95×
• Total profit: $-1,189
• Equity at exit: $13,270

10-year hold

• IRR: 8.4%
• Equity multiple: 1.64×
• Total profit: $16,048
• Equity at exit: $7,695

Cash invested: $24,920 (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 75143

• Home prices YoY: -11.4%
• Active inventory: 440
• Price-to-rent: 7.1×

Monthly cashflow live

• Estimated rent: $1,041 medium
• Mortgage (P&I): −$467
• Tax est. 1.5%: −$111 /mo · $1,335/yr
• Insurance: −$37
• HOA: −$0
• Vacancy / Maint / Mgmt: −$219
• Net cashflow: $208

Break-even live

Break-even rent $779

Max offer price $89,000

Occupancy floor 75%

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: $22,250
• Closing costs: $2,670
• Reserves months: —
• Total cash needed: —

Listing history 24 events

1. 2026-06-19
   days on market $89,000 Active 121 DOM
2. 2026-06-18
   days on market $89,000 Active 120 DOM
3. 2026-06-17
   days on market $89,000 Active 119 DOM
4. 2026-06-16
   days on market $89,000 Active 118 DOM
5. 2026-06-15
   days on market $89,000 Active 117 DOM
6. 2026-06-14
   days on market $89,000 Active 115 DOM
7. 2026-06-12
   days on market $89,000 Active 114 DOM
8. 2026-06-09
   days on market $89,000 Active 111 DOM
9. 2026-06-08
   days on market $89,000 Active 110 DOM
10. 2026-06-07
    days on market $89,000 Active 109 DOM
11. 2026-06-05
    days on market $89,000 Active 106 DOM
12. 2026-06-03
    days on market $89,000 Active 105 DOM
13. 2026-06-02
    days on market $89,000 Active 104 DOM
14. 2026-06-01
    days on market $89,000 Active 103 DOM
15. 2026-05-31
    days on market $89,000 Active 102 DOM
16. 2026-05-30
    days on market $89,000 Active 101 DOM
17. 2026-04-11
    price $89,000 912-char remark

    Show marketing remark (970 chars)

    Discover the serene allure of Seven Points, Texas, conveniently situated near the pristine waters of Cedar Creek Lake. This distinctive property encompasses two combined lots, offering a fenced perimeter that ensures privacy and presents limitless opportunities for creating your personal retreat. Ideally suited as a base camp or weekend getaway, the property is perfectly positioned to take advantage of the boating, fishing, and diverse recreational activities available at Cedar Creek Lake. It invites you to relax, disconnect, and design the retreat you have always envisioned. The modular home features two bedrooms, one bathroom, and a spacious kitchen and living area. Outdoor amenities include a grill, shower, and expansive wooden decking. Additionally, the property offers extra parking space. Located in Seven Points, TX, it is just minutes away from shopping and the attractions of Cedar Creek Lake. 1% off closing costs or rate buydown by using our Lender.

18. 2026-04-11
    price $89,000 970-char remark

    Show marketing remark (970 chars)

    Discover the serene allure of Seven Points, Texas, conveniently situated near the pristine waters of Cedar Creek Lake. This distinctive property encompasses two combined lots, offering a fenced perimeter that ensures privacy and presents limitless opportunities for creating your personal retreat. Ideally suited as a base camp or weekend getaway, the property is perfectly positioned to take advantage of the boating, fishing, and diverse recreational activities available at Cedar Creek Lake. It invites you to relax, disconnect, and design the retreat you have always envisioned. The modular home features two bedrooms, one bathroom, and a spacious kitchen and living area. Outdoor amenities include a grill, shower, and expansive wooden decking. Additionally, the property offers extra parking space. Located in Seven Points, TX, it is just minutes away from shopping and the attractions of Cedar Creek Lake. 1% off closing costs or rate buydown by using our Lender.

19. 2026-02-25
    price $99,000 970-char remark

    Show marketing remark (912 chars)

    Discover the serene allure of Seven Points, Texas, conveniently situated near the pristine waters of Cedar Creek Lake. This distinctive property encompasses two combined lots, offering a fenced perimeter that ensures privacy and presents limitless opportunities for creating your personal retreat. Ideally suited as a base camp or weekend getaway, the property is perfectly positioned to take advantage of the boating, fishing, and diverse recreational activities available at Cedar Creek Lake. It invites you to relax, disconnect, and design the retreat you have always envisioned. The modular home features two bedrooms, one bathroom, and a spacious kitchen and living area. Outdoor amenities include a grill, shower, and expansive wooden decking. Additionally, the property offers extra parking space. Located in Seven Points, TX, it is just minutes away from shopping and the attractions of Cedar Creek Lake.

20. 2026-02-25
    price $99,000 912-char remark

    Show marketing remark (912 chars)

    Discover the serene allure of Seven Points, Texas, conveniently situated near the pristine waters of Cedar Creek Lake. This distinctive property encompasses two combined lots, offering a fenced perimeter that ensures privacy and presents limitless opportunities for creating your personal retreat. Ideally suited as a base camp or weekend getaway, the property is perfectly positioned to take advantage of the boating, fishing, and diverse recreational activities available at Cedar Creek Lake. It invites you to relax, disconnect, and design the retreat you have always envisioned. The modular home features two bedrooms, one bathroom, and a spacious kitchen and living area. Outdoor amenities include a grill, shower, and expansive wooden decking. Additionally, the property offers extra parking space. Located in Seven Points, TX, it is just minutes away from shopping and the attractions of Cedar Creek Lake.

21. 2026-02-18
    price $115,000 970-char remark

    Show marketing remark (912 chars)

    Discover the serene allure of Seven Points, Texas, conveniently situated near the pristine waters of Cedar Creek Lake. This distinctive property encompasses two combined lots, offering a fenced perimeter that ensures privacy and presents limitless opportunities for creating your personal retreat. Ideally suited as a base camp or weekend getaway, the property is perfectly positioned to take advantage of the boating, fishing, and diverse recreational activities available at Cedar Creek Lake. It invites you to relax, disconnect, and design the retreat you have always envisioned. The modular home features two bedrooms, one bathroom, and a spacious kitchen and living area. Outdoor amenities include a grill, shower, and expansive wooden decking. Additionally, the property offers extra parking space. Located in Seven Points, TX, it is just minutes away from shopping and the attractions of Cedar Creek Lake.

22. 2026-02-18
    price $115,000 912-char remark

    Show marketing remark (912 chars)

    Discover the serene allure of Seven Points, Texas, conveniently situated near the pristine waters of Cedar Creek Lake. This distinctive property encompasses two combined lots, offering a fenced perimeter that ensures privacy and presents limitless opportunities for creating your personal retreat. Ideally suited as a base camp or weekend getaway, the property is perfectly positioned to take advantage of the boating, fishing, and diverse recreational activities available at Cedar Creek Lake. It invites you to relax, disconnect, and design the retreat you have always envisioned. The modular home features two bedrooms, one bathroom, and a spacious kitchen and living area. Outdoor amenities include a grill, shower, and expansive wooden decking. Additionally, the property offers extra parking space. Located in Seven Points, TX, it is just minutes away from shopping and the attractions of Cedar Creek Lake.

23. 2026-02-18
    listed $109,000 Active 912-char remark

    Show marketing remark (912 chars)

    Discover the serene allure of Seven Points, Texas, conveniently situated near the pristine waters of Cedar Creek Lake. This distinctive property encompasses two combined lots, offering a fenced perimeter that ensures privacy and presents limitless opportunities for creating your personal retreat. Ideally suited as a base camp or weekend getaway, the property is perfectly positioned to take advantage of the boating, fishing, and diverse recreational activities available at Cedar Creek Lake. It invites you to relax, disconnect, and design the retreat you have always envisioned. The modular home features two bedrooms, one bathroom, and a spacious kitchen and living area. Outdoor amenities include a grill, shower, and expansive wooden decking. Additionally, the property offers extra parking space. Located in Seven Points, TX, it is just minutes away from shopping and the attractions of Cedar Creek Lake.

24. 2026-02-16
    listed $109,000 Active 970-char remark

    Show marketing remark (970 chars)

    Discover the serene allure of Seven Points, Texas, conveniently situated near the pristine waters of Cedar Creek Lake. This distinctive property encompasses two combined lots, offering a fenced perimeter that ensures privacy and presents limitless opportunities for creating your personal retreat. Ideally suited as a base camp or weekend getaway, the property is perfectly positioned to take advantage of the boating, fishing, and diverse recreational activities available at Cedar Creek Lake. It invites you to relax, disconnect, and design the retreat you have always envisioned. The modular home features two bedrooms, one bathroom, and a spacious kitchen and living area. Outdoor amenities include a grill, shower, and expansive wooden decking. Additionally, the property offers extra parking space. Located in Seven Points, TX, it is just minutes away from shopping and the attractions of Cedar Creek Lake. 1% off closing costs or rate buydown by using our Lender.

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

Taxation est. · year 1

• Rental income: $12,495
• − Mortgage interest: −$4,985
• − Property taxes: −$1,335
• − Insurance: −$445
• − Repairs & maintenance: −$1,000
• − Management: −$1,000
• − Depreciation: −$2,589
• Taxable income: $1,141
• Est. tax owed @ 24.0%: −$274
• After-tax cash flow: $2,216/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.

Condition & rehab AI · 12 photos

Good 80/100 Cosmetic rehab

This modular home in Seven Points, Texas, is in good condition with a good condition score of 80. It has a good kitchen, good bathroom, good roof, good exterior, good flooring, good interior walls/paint, good windows, good foundation/structure, and good HVAC/mechanicals. The property has a fenced yard and trees, which add to its curb appeal. The home is ready for a new owner and can be improved with some cosmetic updates to increase its value.

Value-add opportunities

• Both Paint the exterior walls — Enhances curb appeal and resale value
• Both Replace the air conditioning unit — Improves comfort and energy efficiency
• Both Install a security system — Enhances safety and resale value

Renovation cost estimate screening

Value-add ROI direction

• Both Paint the exterior walls — Enhances curb appeal and resale value ↑
• Both Replace the air conditioning unit — Improves comfort and energy efficiency ↑
• Both Install a security system — Enhances safety and resale value ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Mabank ISD
• NCES district ID: 4828680
• Math proficiency: 47% ▼ -19.00%
• Reading proficiency: 44% ▼ -11.00%
• Median HH income: $40,321
• Composite: 38.15/100
• National rank: #4267
• State rank: #273 of 826 in TX

Livability — Seven Points

• Score: 60/100
• State rank: #1063
• US rank: #18899

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 14,676

Population outlook (Henderson County) Hauer SSP2

• Today (2025): 80,471 people
• By 2030: 80,608 · +0.2%
• By 2040: 80,087 · -0.5%
• By 2050: 78,208 · -2.8%
• By 2075: 72,423 · -10.0%
• By 2100: 61,012 · -24.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (80%)
• Race & ethnicity: White 80% Hispanic / Latino 13% Two or more races 8% Black 2%
• Hispanic origin (detail): Mexican 13%
• Common ancestry: Italian 2% Iranian 2% Lithuanian 1%
• Foreign-born: 4% · Canada, China
• Languages at home: 90% English-only · Spanish 9%

Political lean MEDSL · Henderson

• 2024 margin: Solid R (+63.5) · D 18.0% · R 81.4%
• 2008→2024 swing: -18.8pp toward R · 2008: -44.6pp · 2024: -63.5pp
• All cycles: 2024: R+63.5 2020: R+60.2 2016: R+60.0 2012: R+54.8 2008: R+44.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -42.99%
• Current HPI: 332.57
• 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

-18.3% since first listed

8 events — show timeline

• 2026-04-11 Price Changed $89,000 HCBOR
• 2026-04-11 Price Changed $89,000 NTREIS
• 2026-02-25 Price Changed $99,000 NTREIS
• 2026-02-25 Price Changed $99,000 HCBOR
• 2026-02-18 Price Changed $115,000 NTREIS
• 2026-02-18 Price Changed $115,000 HCBOR
• 2026-02-18 Listed $109,000 HCBOR
• 2026-02-16 Listed $109,000 NTREIS