604 Burkett St · Taylor, TX 76574

$175,000

2 bd · 1.0 ba · 845 sqft · SingleFamily public records · 65 Days on market

Built 1930 5,227 sqft lot $207/sqft · 21% below area Est $221k · 21% under

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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).

• ARV discount +15.0/15.0
• Cash flow +11.5/30.0
• Livability +3.6/5.0
• DSCR +3.4/10.0
• 1% rule +3.0/10.0
• Rent growth +2.6/5.0
• Condition / age +2.5/5.0
• Schools +2.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Private Oversized Lot + Solar Panels in the Heart of Taylor — Close to it all, Efficient, and Full of Potential! Tucked away on a large, private lot with only one neighboring property, this charming 2-bedroom, 1-bath home offers a rare combination of space, efficiency, and location in the heart of rapidly growing Taylor, Texas. Just 1-2 minutes from downtown Taylor, local dining, shopping, and public transportation, this property delivers both convenience and a sense of privacy that’s hard to find at this price point. The home features solar panels, helping reduce monthly utility costs and offering long-term energy efficiency—a major bonus for both homeowners and investors. Inside, the layout is functional and comfortable, with natural light and a cozy feel that makes the most of the space. Outside is where this property truly shines. The oversized lot provides room to expand, garden, entertain, or simply enjoy the added privacy. With only one nearby neighbor, the setting feels more secluded than most in-town properties. Whether you’re a first-time buyer looking for an affordable entry into the market, an investor watching the Taylor growth corridor, or someone seeking a simpler lifestyle with space to spread out, this property checks all the boxes. With Taylor’s continued expansion and proximity to major employers and infrastructure, opportunities like this—combining location, land, and flexibility—are becoming harder to find.

Key facts

• Private lot
• Energy efficiency
• Oversized lot

Tags

• OVERSIZED LOT
• SOLAR PANELS
• PRIVATE LOT
• ENERGY EFFICIENCY

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $175k.

Deal economics

• At list price, monthly cash flow is $-56 ($-675/yr) — negative.
• To cash-flow at today's rent, offer at most $165k (5.7% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $141k (19.5% below list).
• Recommended offer: $141k (19.5% below list) — sets the bar for 1% rule.
• Cap rate 5.9% vs local median 4.3% in Taylor — 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 71/100 on livability (#312 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: employment C-, amenities F, commute F.
• Taylor ISD (town): math 20% / reading 27% proficiency, ranked #726 of 826 in TX (top 88%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 61% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Naomi Pasemann El (math 12% / reading 22%, grade F, #3,836 of 4,322 statewide, top 91%, 649 students, 68% FRL); Taylor Middle (math 16% / reading 25%, grade F, #1,407 of 1,662 statewide, top 86%, 651 students, 69% FRL); Taylor H S (math 17% / reading 27%, grade F, #1,366 of 1,632 statewide, top 84%, 907 students, 61% FRL).
• Market conditions: Rents flat; 319 active listings in the ZIP; 13 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 46% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 7,543 units permitted in Williamson County in 2024 (1,425 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 $5k of value loss. Plan a longer hold.
• Williamson County population projected at +69% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 65 days — a 6% lower offer ($164k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 7y ago; this cycle's ask has dropped $22k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1930 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 80% chance of damaging wind over 30y; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $140,860 (19.5% below list)

Questions for the listing agent

1. 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?
2. It's been on market 65 days. Have you received any prior offers? Is the seller open to a 20% concession, seller financing, or rate buy-down credit?
3. Built in 1930 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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?
8. 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.
9. 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.
10. 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: 0.80% ✗
• Cap rate: 5.91%
• Cash-on-cash: -1.38%
• DSCR: 0.94
• GRM: 10.4

CMA / ARV

• ARV (median comp): $220,920
• List price: $175,000
• Delta: -20.79%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
403 Davidson Dr	0.34mi	1/1.0 (-1)	884 (+5%)	1mo	$140,000	$158	71
1022 Burkett St	0.31mi	2/1.5	780 (-8%)	16mo	$159,000	$204	57
400 Old Thorndale Rd	0.37mi	3/1.0 (+1)	872 (+3%)	20mo	$199,000	$228	55
404 Hosack St	0.56mi	3/1.0 (+1)	936 (+11%)	8mo	$225,000	$240	45
315 Branch St	0.64mi	2/1.5	912 (+8%)	13mo	$209,000	$229	44
807 E 3rd St	0.27mi	3/2.0 (+1)	936 (+11%)	23mo	$189,500	$202	42

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 · 0.43% rent growth · sell at horizon

5-year hold

• IRR: -21.4%
• Equity multiple: 0.28×
• Total profit: $-35,496
• Equity at exit: $26,093

10-year hold

• IRR: -22.2%
• Equity multiple: -0.01×
• Total profit: $-49,380
• Equity at exit: $15,131

Cash invested: $49,000 (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 76574

• Home prices YoY: -32.3%
• Rents YoY: 0.4%
• Active inventory: 319
• Price-to-rent: 10.4×

Monthly cashflow live

• Estimated rent: $1,409 high
• Mortgage (P&I): −$918
• Tax from tax record: −$178 /mo · $2,141/yr
• Insurance: −$73
• HOA: −$0
• Vacancy / Maint / Mgmt: −$296
• Net cashflow: $-56

Break-even live

Break-even rent $1,480

Max offer price $165,061

Occupancy floor 99%

Sensitivity live

Price	-10% $43	-5% $-7	+0% $-56	+5% $-106	+10% $-155
Rent	-10% $-168	-5% $-112	+0% $-56	+5% $-1	+10% $55
Rate	-1.0pp $32	-0.5pp $-12	base $-56	+0.5pp $-102	+1.0pp $-148

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: $43,750
• Closing costs: $5,250
• Reserves months: —
• Total cash needed: —

Rent comps 13 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
102 E 2nd St Unit 203 Taylor, TX	1.0	1.0	1000	$1,600	$1.60	0d	1	0.40mi
410 Old Thorndale Rd Unit C Taylor, TX	1.0	1.0	800	$850	$1.06	23d	1	0.41mi
809 Vance St Taylor, TX	1.0	1.0	650	$1,200	$1.85	45d	1	0.47mi
412 Booth St Unit A Taylor, TX	2.0	2.0	837	$1,395	$1.67	45d	1	0.64mi
604 W 4th St Taylor, TX	2.0	1.0	946	$1,295	$1.37	45d	1	0.65mi
606 W 4th St Taylor, TX	2.0	1.0	946	$1,295	$1.37	45d	1	0.66mi
415 N Doak St Taylor, TX	2.0	1.0	880	$1,375	$1.56	0d	1	0.71mi
400 Symes St Unit A Taylor, TX	2.0	1.0	784	$1,150	$1.47	6d	1	0.76mi
719 W 3rd St Taylor, TX	2.0	1.0	966	$1,595	$1.65	0d	1	0.77mi
806 W 8th St Taylor, TX	3.0	1.0	892	$1,600	$1.79	45d	1	0.80mi
210 W Lake Dr Taylor, TX	2.0	1.5	1057	$1,450	$1.37	45d	1	0.85mi
610 Vernon St Unit Labs Taylor, TX	2.0	1.0	960	$1,550	$1.61	19d	1	1.17mi
201 Highland Dr Taylor, TX	1.0	1.0	660	$1,130	$1.71	0d	3	1.42mi

Listing history 26 events

1. 2026-06-21
   days on market $175,000 Active 65 DOM
2. 2026-06-18
   days on market $175,000 Active 62 DOM
3. 2026-06-17
   days on market $175,000 Active 61 DOM
4. 2026-06-16
   days on market $175,000 Active 60 DOM
5. 2026-06-15
   days on market $175,000 Active 59 DOM
6. 2026-06-13
   days on market $175,000 Active 57 DOM
7. 2026-06-09
   days on market $175,000 Active 53 DOM
8. 2026-06-08
   days on market $175,000 Active 52 DOM
9. 2026-06-07
   days on market $175,000 Active 51 DOM
10. 2026-06-05
    days on market $175,000 Active 48 DOM
11. 2026-06-03
    days on market $175,000 Active 47 DOM
12. 2026-06-02
    days on market $175,000 Active 46 DOM
13. 2026-06-01
    days on market $175,000 Active 45 DOM
14. 2026-06-01
    price $175,000 Active 44 DOM
15. 2026-05-31
    days on market $189,000 Active 44 DOM
16. 2026-04-30
    price $189,000 1493-char remark

    Show marketing remark (1493 chars)

    Private Oversized Lot + Solar Panels in the Heart of Taylor — Close to it all, Efficient, and Full of Potential! Tucked away on a large, private lot with only one neighboring property, this charming 2-bedroom, 1-bath home offers a rare combination of space, efficiency, and location in the heart of rapidly growing Taylor, Texas. Just 1-2 minutes from downtown Taylor, local dining, shopping, and public transportation, this property delivers both convenience and a sense of privacy that’s hard to find at this price point. The home features solar panels, helping reduce monthly utility costs and offering long-term energy efficiency—a major bonus for both homeowners and investors. Inside, the layout is functional and comfortable, with natural light and a cozy feel that makes the most of the space. Outside is where this property truly shines. The oversized lot provides room to expand, garden, entertain, or simply enjoy the added privacy. With only one nearby neighbor, the setting feels more secluded than most in-town properties. Whether you’re a first-time buyer looking for an affordable entry into the market, an investor watching the Taylor growth corridor, or someone seeking a simpler lifestyle with space to spread out, this property checks all the boxes. With Taylor’s continued expansion and proximity to major employers and infrastructure, opportunities like this—combining location, land, and flexibility—are becoming harder to find.

17. 2026-04-30
    price $189,000 1493-char remark

    Show marketing remark (1493 chars)

    Private Oversized Lot + Solar Panels in the Heart of Taylor — Close to it all, Efficient, and Full of Potential! Tucked away on a large, private lot with only one neighboring property, this charming 2-bedroom, 1-bath home offers a rare combination of space, efficiency, and location in the heart of rapidly growing Taylor, Texas. Just 1-2 minutes from downtown Taylor, local dining, shopping, and public transportation, this property delivers both convenience and a sense of privacy that’s hard to find at this price point. The home features solar panels, helping reduce monthly utility costs and offering long-term energy efficiency—a major bonus for both homeowners and investors. Inside, the layout is functional and comfortable, with natural light and a cozy feel that makes the most of the space. Outside is where this property truly shines. The oversized lot provides room to expand, garden, entertain, or simply enjoy the added privacy. With only one nearby neighbor, the setting feels more secluded than most in-town properties. Whether you’re a first-time buyer looking for an affordable entry into the market, an investor watching the Taylor growth corridor, or someone seeking a simpler lifestyle with space to spread out, this property checks all the boxes. With Taylor’s continued expansion and proximity to major employers and infrastructure, opportunities like this—combining location, land, and flexibility—are becoming harder to find.

18. 2026-04-23
    listed $197,000 Active 1493-char remark

    Show marketing remark (1493 chars)

    Private Oversized Lot + Solar Panels in the Heart of Taylor — Close to it all, Efficient, and Full of Potential! Tucked away on a large, private lot with only one neighboring property, this charming 2-bedroom, 1-bath home offers a rare combination of space, efficiency, and location in the heart of rapidly growing Taylor, Texas. Just 1-2 minutes from downtown Taylor, local dining, shopping, and public transportation, this property delivers both convenience and a sense of privacy that’s hard to find at this price point. The home features solar panels, helping reduce monthly utility costs and offering long-term energy efficiency—a major bonus for both homeowners and investors. Inside, the layout is functional and comfortable, with natural light and a cozy feel that makes the most of the space. Outside is where this property truly shines. The oversized lot provides room to expand, garden, entertain, or simply enjoy the added privacy. With only one nearby neighbor, the setting feels more secluded than most in-town properties. Whether you’re a first-time buyer looking for an affordable entry into the market, an investor watching the Taylor growth corridor, or someone seeking a simpler lifestyle with space to spread out, this property checks all the boxes. With Taylor’s continued expansion and proximity to major employers and infrastructure, opportunities like this—combining location, land, and flexibility—are becoming harder to find.

19. 2026-04-17
    listed $197,000 Active 1493-char remark

    Show marketing remark (1493 chars)

    Private Oversized Lot + Solar Panels in the Heart of Taylor — Close to it all, Efficient, and Full of Potential! Tucked away on a large, private lot with only one neighboring property, this charming 2-bedroom, 1-bath home offers a rare combination of space, efficiency, and location in the heart of rapidly growing Taylor, Texas. Just 1-2 minutes from downtown Taylor, local dining, shopping, and public transportation, this property delivers both convenience and a sense of privacy that’s hard to find at this price point. The home features solar panels, helping reduce monthly utility costs and offering long-term energy efficiency—a major bonus for both homeowners and investors. Inside, the layout is functional and comfortable, with natural light and a cozy feel that makes the most of the space. Outside is where this property truly shines. The oversized lot provides room to expand, garden, entertain, or simply enjoy the added privacy. With only one nearby neighbor, the setting feels more secluded than most in-town properties. Whether you’re a first-time buyer looking for an affordable entry into the market, an investor watching the Taylor growth corridor, or someone seeking a simpler lifestyle with space to spread out, this property checks all the boxes. With Taylor’s continued expansion and proximity to major employers and infrastructure, opportunities like this—combining location, land, and flexibility—are becoming harder to find.

20. 2019-04-25
    soldstatus
21. 2019-04-24
    soldstatus Sold
22. 2019-03-19
    historical Active Contingent
23. 2019-03-18
    status Pending - Taking Backups
24. 2019-02-26
    price $88,750
25. 2019-02-13
    price $98,500
26. 2019-01-24
    listed $102,500 Active

ⓘ 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: $2,141 · $178/mo
• Projected year-2 tax: $3,202 · $267/mo
• Expected delta: +$1,061/yr (+$88/mo · 49.6%)

ⓘ 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 8/10 Severe 7 d/yr ≥108°F today · 22 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 80% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,903
• − Mortgage interest: −$9,803
• − Property taxes: −$2,141
• − Insurance: −$875
• − Repairs & maintenance: −$1,352
• − Management: −$1,352
• − Depreciation: −$5,091
• Taxable loss: −$3,711
• Est. tax savings @ 24.0%: +$891
• After-tax cash flow: $215/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: Taylor ISD
• NCES district ID: 4842280
• Math proficiency: 20% ▼ -15.00%
• Reading proficiency: 27% ▼ -11.00%
• Median HH income: $45,330
• Composite: 20.35/100
• National rank: #8606
• State rank: #726 of 826 in TX

Livability — Taylor

• Score: 71/100
• State rank: #312
• US rank: #7013

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Taylor, TX
• County: Williamson County · 680,029 people
• City population: 20,242
• Metro: Austin-Round Rock-Georgetown, TX
• Population (ZIP): 20,242
• Household income: $78,568
• Rent vs Own: 23.4% rent · 76.6% own
• Severe rent burden: 371.0

Population outlook (Williamson County) Hauer SSP2

• Today (2025): 699,027 people
• By 2030: 795,537 · +13.8%
• By 2040: 990,683 · +41.7%
• By 2050: 1,184,292 · +69.4%
• By 2075: 1,623,825 · +132.3%
• By 2100: 1,924,153 · +175.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.57)
• Race & ethnicity: White 50% Hispanic / Latino 42% Two or more races 22% Black 5%
• Hispanic origin (detail): Mexican 37%
• Common ancestry: Romanian 2% Italian 1% Lithuanian 1%
• Foreign-born: 8% · Canada
• Languages at home: 74% English-only · Spanish 23% Russian/Polish/Slavic 1%

Political lean MEDSL · Williamson

• 2024 margin: Toss-up / Even · D 48.0% · R 50.4% · Other 1.6%
• 2008→2024 swing: +10.6pp toward D · 2008: -13.0pp · 2024: -2.5pp
• All cycles: 2024: R+2.5 2020: D+1.4 2016: R+9.9 2012: R+21.5 2008: R+13.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -108.71%
• Current HPI: 227.58
• Rent YoY: ▲ 0.43%
• Metro: Austin-Round Rock-Georgetown, 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
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

+84.4% since first listed

11 events — show timeline

• 2026-04-30 Price Changed $189,000 CTXMLS
• 2026-04-30 Price Changed $189,000 Unlock MLS
• 2026-04-23 Listed $197,000 CTXMLS
• 2026-04-17 Listed $197,000 Unlock MLS
• 2019-04-25 Sold (Public Records) — Public Records
• 2019-04-24 Sold (MLS) — Unlock MLS
• 2019-03-19 Contingent — Unlock MLS
• 2019-03-18 Pending — Unlock MLS
• 2019-02-26 Price Changed $88,750 Unlock MLS
• 2019-02-13 Price Changed $98,500 Unlock MLS
• 2019-01-24 Listed $102,500 Unlock MLS

Property tax history

+8.4%/yr

Latest (2026): $2,141 · +10.0% YoY. Source: county tax records.