1369 Buckaroo Blvd · Fort Worth, TX
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- —
Fire risk 7/10 · Major
- Est. fire insurance / yr
- $1,222 – $2,270
Heat risk 7/10 · Major
- Hot days now (above 109°F)
- 7 days/yr
- Hot days in 30 yrs
- 22 days/yr
Wind risk 6/10 · Moderate
- Chance of severe wind over 30 yrs
- 22.0%
Air-quality risk No data
- Unhealthy air days now
- —
- Unhealthy air days in 30 yrs
- —
Risk factors via First Street. Map © Google.
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).
- ARV discount +10.6/15.0
- Cash flow +8.3/30.0
- Schools +4.6/10.0
- Livability +4.0/5.0
- Rent growth +2.8/5.0
- 1% rule +2.6/10.0
- Condition / age +2.5/5.0
- DSCR +2.3/10.0
- Appreciation +0.0/10.0
$318,999
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
This new single-story design makes smart use of the space available. At the front are all three secondary bedrooms arranged near a convenient full-sized bathroom. Down the foyer is a modern layout connecting a peninsula-style kitchen made for inspired meals, an intimate dining area and a family room ideal for gatherings. Tucked in a quiet corner is the owner's suite with an attached bathroom and walk-in closet.
Key facts
- Intimate dining area
- Walk-in closet
- Single-story design
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 4-bed/2.0-bath single-family listed at $319k.
Deal economics
- At list price, monthly cash flow is $-292 ($-3k/yr) — negative.
- To cash-flow at today's rent, offer at most $277k (13.2% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $242k (24.1% below list).
- Recommended offer: $242k (24.1% below list) — sets the bar for 1% rule.
- Cap rate 5.2% vs local median 3.9% in Fort Worth — 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 80/100 on livability (#49 in TX, #1,954 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, cost of living A+, housing A+; Watch: schools D+, crime F.
- Northwest ISD (rural): math 48% / reading 52% proficiency, ranked #120 of 826 in TX (top 14%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
- Market conditions: Rents rising (+1.1%/yr); 1083 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 19d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 10,531 units permitted in Denton County in 2024 (2,713 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $10k of value loss. Plan a longer hold.
- Denton County population projected at +66% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 172 days — a 12% lower offer ($281k) is reasonable based on typical stale-listing flexibility.
Risks & watch-outs
- Climate carrying-cost: major wind risk, 22% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- It's been on market 172 days. Have you received any prior offers? Is the seller open to a 24% concession, seller financing, or rate buy-down credit?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- 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 F 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?
- 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?
- 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
- 0.76% ✗
- Cap rate
- 5.20%
- Cash-on-cash
- -3.92%
- DSCR
- 0.83
- GRM
- 11.0
CMA / ARV
- ARV (median comp)
- $342,490
- List price
- $318,999
- Delta
- -6.86%
- 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 |
|---|---|---|---|---|---|---|---|
| 1341 Buckaroo Blvd | 0.07mi | 4/2.0 | 1,720 (0%) | 1mo | $295,999 | $172 | 96 |
| 1329 Buckaroo Blvd | 0.09mi | 4/2.0 | 1,720 (0%) | 0mo | $310,999 | $181 | 95 |
| 15009 Horseshoe Post Rd | 0.36mi | 4/2.0 | 1,738 (+1%) | 1mo | $343,870 | $198 | 80 |
| 1456 Companero St | 0.25mi | 4/2.0 | 1,800 (+5%) | 1mo | $344,990 | $192 | 80 |
| 1417 Barbacoa Dr | 0.35mi | 4/2.0 | 1,800 (+5%) | 2mo | $334,990 | $186 | 74 |
| 15200 Mariachi Rd | 0.04mi | 3/2.0 (-1) | 1,522 (-12%) | 1mo | $278,999 | $183 | 73 |
| 1428 Mustang Canyon Dr | 0.43mi | 4/2.0 | 1,877 (+9%) | 1mo | $356,090 | $190 | 64 |
| 15029 Hierba Mora Dr | 0.49mi | 4/2.0 | 1,877 (+9%) | 1mo | $343,190 | $183 | 61 |
| 15025 Santoscoy St | 0.69mi | 4/2.0 | 1,791 (+4%) | 1mo | $319,990 | $179 | 60 |
| 15017 Santoscoy St | 0.69mi | 3/2.0 (-1) | 1,628 (-5%) | 1mo | $310,990 | $191 | 53 |
| 15033 Santoscoy St | 0.69mi | 3/2.0 (-1) | 1,628 (-5%) | 1mo | $309,990 | $190 | 53 |
| 15048 Santoscoy St | 0.73mi | 3/2.0 (-1) | 1,628 (-5%) | 2mo | $312,990 | $192 | 50 |
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 · 1.08% rent growth · sell at horizon
- IRR
- -25.0%
- Equity multiple
- 0.16×
- Total profit
- $-74,814
- Equity at exit
- $47,564
- IRR
- -27.9%
- Equity multiple
- -0.20×
- Total profit
- $-107,031
- Equity at exit
- $27,581
Cash invested: $89,320 (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 76052
- Home prices YoY
- -25.0%
- Rents YoY
- 1.1%
- Active inventory
- 1083
- Price-to-rent
- 11.0×
Monthly cashflow live
- Estimated rent
- $2,422 high interval (Pro) →
- Mortgage (P&I)
- −$1,673
- Tax est. 1.5%
- −$399 /mo · $4,785/yr
- Insurance
- −$133
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$509
- Net cashflow
- $-292
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
- $79,750
- Closing costs
- $9,570
- 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 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1349 Buckaroo Blvd Haslet, TX | 3.0 | 2.0 | 1474 | $2,100 | $1.42 | 24d | 1 | 0.06mi |
| 15229 Grappling Irons Ln Haslet, TX | 3.0 | 2.0 | 1451 | $2,049 | $1.41 | 43d | 1 | 0.16mi |
| 15241 Grappling Irons Ln Haslet, TX | 3.0 | 2.0 | 1451 | $2,099 | $1.45 | 43d | 1 | 0.18mi |
| 15245 Grappling Irons Ln Haslet, TX | 4.0 | 2.0 | 1720 | $2,249 | $1.31 | 43d | 1 | 0.19mi |
| 15249 Grappling Irons Ln Haslet, TX | 3.0 | 2.0 | 1461 | $2,089 | $1.43 | 43d | 1 | 0.20mi |
| 15249 Grappling Irons Ln Haslet, TX | 3.0 | 2.0 | 1461 | $2,089 | $1.43 | 24d | 1 | 0.20mi |
| 15240 Grappling Irons Ln Haslet, TX | 3.0 | 2.0 | 1451 | $2,099 | $1.45 | 7d | 1 | 0.20mi |
| 1340 Amapola Dr Haslet, TX | 3.0 | 2.0 | 1461 | $2,089 | $1.43 | 24d | 1 | 0.21mi |
| 1340 Amapola Dr Haslet, TX | 3.0 | 2.0 | 1461 | $2,089 | $1.43 | 43d | 1 | 0.21mi |
| 15244 Grappling Irons Ln Haslet, TX | 3.0 | 2.0 | 1522 | $2,119 | $1.39 | 7d | 1 | 0.21mi |
| 15248 Grappling Irons Ln Haslet, TX | 3.0 | 2.0 | 1451 | $2,059 | $1.42 | 7d | 1 | 0.22mi |
| 1328 Amapola Dr Haslet, TX | 3.0 | 2.0 | 1451 | $2,099 | $1.45 | 43d | 1 | 0.22mi |
| 15241 Rangeland Rd Haslet, TX | 3.0 | 2.0 | 1451 | $2,099 | $1.45 | 7d | 1 | 0.22mi |
| 1324 Amapola Dr Haslet, TX | 4.0 | 2.0 | 1720 | $2,249 | $1.31 | 7d | 1 | 0.22mi |
| 1324 Amapola Dr Haslet, TX | 4.0 | 2.0 | 1720 | $2,249 | $1.31 | 5d | 1 | 0.22mi |
| 15245 Rangeland Rd Haslet, TX | 3.0 | 2.0 | 1461 | $2,089 | $1.43 | 7d | 1 | 0.22mi |
| 1320 Amapola Dr Haslet, TX | 3.0 | 2.0 | 1461 | $2,089 | $1.43 | 15d | 1 | 0.23mi |
| 15249 Rangeland Rd Haslet, TX | 3.0 | 2.0 | 1451 | $2,099 | $1.45 | 7d | 1 | 0.23mi |
| 1316 Amapola Dr Haslet, TX | 3.0 | 2.0 | 1522 | $2,069 | $1.36 | 5d | 1 | 0.23mi |
| 1312 Amapola Dr Haslet, TX | 3.0 | 2.0 | 1451 | $2,099 | $1.45 | 15d | 1 | 0.24mi |
| 1304 Amapola Dr Haslet, TX | 3.0 | 2.0 | 1451 | $2,099 | $1.45 | 7d | 1 | 0.25mi |
| 15009 Cactus Blossom Blvd Haslet, TX | 3.0 | 2.0 | 1981 | $2,600 | $1.31 | 43d | 1 | 0.30mi |
| 15016 Reyes Rd Fort Worth, TX | 3.0 | 2.0 | 1461 | $2,099 | $1.44 | 1d | 1 | 0.33mi |
| 1413 Mustang Canyon Dr Haslet, TX | 4.0 | 2.0 | 1738 | $2,125 | $1.22 | 3d | 1 | 0.38mi |
| 1416 Mustang Canyon Dr Haslet, TX | 4.0 | 2.0 | 1877 | $2,400 | $1.28 | 43d | 1 | 0.40mi |
| 14933 Tejano St Haslet, TX | 3.0 | 2.0 | 1460 | $2,300 | $1.58 | 20d | 1 | 0.45mi |
| 15133 Hacienda Post Trl Haslet, TX | 3.0 | 2.0 | 1298 | $1,999 | $1.54 | 22d | 1 | 0.48mi |
| 15029 Hierba Mora Dr Haslet, TX | 4.0 | 2.0 | 1877 | $2,599 | $1.38 | 15d | 1 | 0.48mi |
| 15021 Red Sands Trl Haslet, TX | 3.0 | 2.0 | 1311 | $2,045 | $1.56 | 43d | 1 | 0.58mi |
| 15024 Red Sands Trl Haslet, TX | 4.0 | 2.0 | 1725 | $2,200 | $1.28 | 12d | 1 | 0.61mi |
| 14628 Bootes Dr Haslet, TX | 4.0 | 2.0 | 2099 | $2,500 | $1.19 | 43d | 1 | 0.73mi |
| 952 Dustwood Dr Haslet, TX | 4.0 | 2.0 | 1838 | $2,470 | $1.34 | 24d | 1 | 0.80mi |
| 14525 Bootes Dr Haslet, TX | 4.0 | 2.0 | 1659 | $2,300 | $1.39 | 1d | 1 | 0.81mi |
| 14532 Caelum Dr Haslet, TX | 4.0 | 2.0 | 2189 | $2,495 | $1.14 | 43d | 1 | 0.83mi |
| 14420 Bootes Dr Haslet, TX | 4.0 | 2.0 | 1659 | $2,395 | $1.44 | 18d | 1 | 0.88mi |
| 917 Dustwood Dr Haslet, TX | 4.0 | 2.0 | 1996 | $2,295 | $1.15 | 7d | 1 | 0.91mi |
| 917 Dustwood Dr Haslet, TX | 4.0 | 2.0 | 1996 | $2,395 | $1.20 | 43d | 1 | 0.91mi |
| 1241 Kachina Ln Haslet, TX | 4.0 | 2.0 | 2121 | $2,250 | $1.06 | 7d | 1 | 0.94mi |
| 1216 Artesia Dr Fort Worth, TX | 4.0 | 2.5 | 1977 | $2,300 | $1.16 | 43d | 1 | 0.97mi |
| 14144 Rabbit Brush Ln Haslet, TX | 3.0 | 2.0 | 1860 | $2,299 | $1.24 | 11d | 1 | 1.01mi |
Listing history 14 events
-
2026-06-18days on market $318,999 Active 172 DOM
-
2026-06-17days on market $318,999 Active 171 DOM
-
2026-06-16days on market $318,999 Active 170 DOM
-
2026-06-15days on market $318,999 Active 169 DOM
-
2026-06-13days on market $318,999 Active 167 DOM
-
2026-06-09days on market $318,999 Active 163 DOM
-
2026-06-08days on market $318,999 Active 162 DOM
-
2026-06-07days on market $318,999 Active 161 DOM
-
2026-06-04days on market $318,999 Active 158 DOM
-
2026-06-03days on market $318,999 Active 157 DOM
-
2026-06-02days on market $318,999 Active 156 DOM
-
2026-06-01days on market $318,999 Active 155 DOM
-
2026-05-31days on market $318,999 Active 154 DOM
-
2025-12-28$318,999 Active 414-char remark
Show marketing remark (414 chars)
This new single-story design makes smart use of the space available. At the front are all three secondary bedrooms arranged near a convenient full-sized bathroom. Down the foyer is a modern layout connecting a peninsula-style kitchen made for inspired meals, an intimate dining area and a family room ideal for gatherings. Tucked in a quiet corner is the owner's suite with an attached bathroom and walk-in closet.
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 7/10 Severe
- Heat 7/10 Severe 7 d/yr ≥109°F today · 22 d/yr by 30 yrs out
- Wind 6/10 Major 22% chance of damaging wind over 30 yrs
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $29,058
- − Mortgage interest
- −$17,869
- − Property taxes
- −$4,785
- − Insurance
- −$1,595
- − Repairs & maintenance
- −$2,325
- − Management
- −$2,325
- − Depreciation
- −$9,280
- Taxable loss
- −$9,120
- Est. tax savings @ 24.0%
- +$2,189
- After-tax cash flow
- $-1,310/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
- Northwest ISD
- NCES district ID
- 4833180
- Math proficiency
- 48% ▼ -15.00%
- Reading proficiency
- 52% ▼ -8.00%
- Median HH income
- $85,315
- Composite
- 46.15/100
- National rank
- #2504
- State rank
- #120 of 826 in TX
Livability — Fort Worth
- Score
- 80/100
- State rank
- #49
- US rank
- #1954
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Fort Worth, TX
- County
- Tarrant County · 2,033,669 people
- City population
- 911,619
- Metro
- Dallas-Fort Worth-Arlington, TX
- Population (ZIP)
- 34,249
- Household income
- $143,555
- Rent vs Own
- Severe rent burden
- 358.0
Population outlook (Denton County) Hauer SSP2
- Today (2025)
- 1,053,010 people
- By 2030
- 1,192,269 · +13.2%
- By 2040
- 1,472,920 · +39.9%
- By 2050
- 1,746,506 · +65.9%
- By 2075
- 2,358,497 · +124.0%
- By 2100
- 2,779,183 · +163.9%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (66%)
- Race & ethnicity
- White 66% Hispanic / Latino 14% Two or more races 13% Black 11% Asian 4%
- Hispanic origin (detail)
- Mexican 7% Puerto Rican 2%
- Common ancestry
- Lithuanian 7% Slovak 4% Romanian 1%
- Foreign-born
- 7% · Canada, Vietnam
- Languages at home
- 88% English-only · Spanish 6% Vietnamese 2% Other Indo-European 1%
Political lean MEDSL · Denton
- 2024 margin
- R (+13.2) · D 42.7% · R 55.8% · Other 1.5%
- 2008→2024 swing
- +11.0pp toward D · 2008: -24.2pp · 2024: -13.2pp
- All cycles
- 2024: R+13.2 2020: R+8.1 2016: R+20.2 2012: R+31.7 2008: R+24.2
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -78.77%
- Current HPI
- 235.7417
- Rent YoY
- ▲ 1.08%
- Metro
- Dallas-Fort Worth-Arlington, 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 |
|
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| Technology | 5 | $198B |
|
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| Engineering / Construction | 4 | $72B |
|
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| Energy Services | 3 | $60B |
|
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| Utilities | 3 | $41B |
|
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| Healthcare | 2 | $330B |
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Price history
1 event — show timeline
- 2025-12-28 Listed $318,999 Zillow
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…