3868 St Hwy 63 E · Jasper, TX 75951

$50,000

2 bd · 1.0 ba · 1,183 sqft · SingleFamily public records · 77 Days on market

Poor condition 2.00 ac lot $42/sqft · 78% below area

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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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Livability +2.9/5.0
• Rent growth +2.5/5.0
• Schools +2.0/10.0
• Condition / age +1.0/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Escape to the country! This 2 acre property near Jasper features a 2 bedroom 1 bath home with plenty of space to enjoy the outdoors. Whether you're looking for a peaceful retreat or a investment opportunity, this one has potential!!

Key facts

• 2 acre lot
• Listed 77 days

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $50k. Condition is rated poor.

Deal economics

• At list price, monthly cash flow is $593 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $50k).
• Recommended offer: $47k (6.0% below list) — sets the bar for market timing.
• Cap rate 20.5% vs local median 4.8% in Jasper — 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 58/100 on livability (#1,225 in TX) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A; Watch: crime C-, schools F, amenities F.
• Jasper ISD (town): math 22% / reading 26% proficiency, ranked #734 of 826 in TX (top 89%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 66% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 308 active listings in the ZIP; 45 units permitted in Jasper County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $346 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Jasper County population projected at -15% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $14k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 77 days — a 6% lower offer ($47k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $47,000 (6.0% below list)

Questions for the listing agent

1. It's been on market 77 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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.
7. 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.
8. 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: 2.43% ✓
• Cap rate: 20.54%
• Cash-on-cash: 50.87%
• DSCR: 3.26
• GRM: 3.4

CMA / ARV

• ARV (median comp): $230,000
• List price: $50,000
• Delta: -78.26%
• Verdict: UNDERPRICED
• Comps: 1 within 2.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: 48.7%
• Equity multiple: 3.12×
• Total profit: $29,726
• Equity at exit: $7,455

10-year hold

• IRR: 54.3%
• Equity multiple: 6.33×
• Total profit: $74,682
• Equity at exit: $4,323

Cash invested: $14,000 (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 75951

• Active inventory: 308
• Price-to-rent: 3.4×

Monthly cashflow live

• Estimated rent: $1,215 medium
• Mortgage (P&I): −$262
• Tax from tax record: −$84 /mo · $1,002/yr
• Insurance: −$21
• HOA: −$0
• Vacancy / Maint / Mgmt: −$255
• Net cashflow: $593

Break-even live

Break-even rent $464

Max offer price $50,000

Occupancy floor 46%

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: $12,500
• Closing costs: $1,500
• Reserves months: —
• Total cash needed: —

Listing history 17 events

1. 2026-06-18
   days on market $50,000 Active 77 DOM
2. 2026-06-17
   days on market $50,000 Active 76 DOM
3. 2026-06-16
   days on market $50,000 Active 75 DOM
4. 2026-06-15
   days on market $50,000 Active 74 DOM
5. 2026-06-14
   days on market $50,000 Active 72 DOM
6. 2026-06-13
   days on market $50,000 Active 71 DOM
7. 2026-06-10
   days on market $50,000 Active 69 DOM
8. 2026-06-09
   days on market $50,000 Active 68 DOM
9. 2026-06-08
   days on market $50,000 Active 67 DOM
10. 2026-06-07
    days on market $50,000 Active 66 DOM
11. 2026-06-05
    days on market $50,000 Active 63 DOM
12. 2026-06-03
    days on market $50,000 Active 62 DOM
13. 2026-06-02
    days on market $50,000 Active 61 DOM
14. 2026-06-01
    days on market $50,000 Active 60 DOM
15. 2026-05-31
    days on market $50,000 Active 59 DOM
16. 2026-05-31
    days on market $50,000 Active 58 DOM
17. 2026-04-01
    listed $50,000 Active 232-char remark

    Show marketing remark (232 chars)

    Escape to the country! This 2 acre property near Jasper features a 2 bedroom 1 bath home with plenty of space to enjoy the outdoors. Whether you're looking for a peaceful retreat or a investment opportunity, this one has potential!!

ⓘ 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: $1,002 · $84/mo
• Projected year-2 tax: $1,002 · $84/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ 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 5/10 Major
• 🌡 Heat 8/10 Severe 7 d/yr ≥111°F today · 22 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,582
• − Mortgage interest: −$2,801
• − Property taxes: −$1,002
• − Insurance: −$250
• − Repairs & maintenance: −$1,167
• − Management: −$1,167
• − Depreciation: −$1,455
• Taxable income: $6,742
• Est. tax owed @ 24.0%: −$1,618
• After-tax cash flow: $5,503/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 · 7 photos

Poor 20/100 Extensive rehab

This 2-bedroom, 1-bath home on a 2-acre property in Jasper, TX, requires extensive renovations to improve its condition and increase its value.

Repairs flagged

• Major kitchen cabinets — severely dated and worn
• Major bathroom fixtures — outdated and in poor condition
• Major roof — visible rust and wear
• Major exterior paint — chipped and in poor condition
• Major flooring — carpeted floors in need of replacement
• Major interior walls — dark, dated paint
• Major windows — old, single-pane windows
• Major HVAC system — outdated and inefficient

Value-add opportunities

• Both kitchen renovation — modernizing the kitchen would significantly increase both resale and rental value
• Both bathroom renovation — upgrading the bathroom would also boost both resale and rental value
• Both roof replacement — replacing the roof would improve the home's appearance and increase its value
• Both exterior paint — painting the exterior would improve curb appeal and increase both resale and rental value
• Both flooring replacement — replacing the carpeted floors with hardwood or tile would increase both resale and rental value
• Both interior paint — painting the interior walls would improve the home's appearance and increase its value
• Both window replacement — replacing the old windows with energy-efficient double-pane windows would increase both resale and rental value
• Both HVAC system upgrade — upgrading the HVAC system to a modern, energy-efficient model would improve comfort and increase both resale and rental value

Renovation cost estimate screening

Repair item	Severity	Est. cost
kitchen cabinets · severely dated and worn	Major	$15,000–50,000
bathroom fixtures · outdated and in poor condition	Major	$15,000–50,000
roof · visible rust and wear	Major	$15,000–50,000
exterior paint · chipped and in poor condition	Major	$15,000–50,000
flooring · carpeted floors in need of replacement	Major	$15,000–50,000
interior walls · dark, dated paint	Major	$15,000–50,000
windows · old, single-pane windows	Major	$15,000–50,000
HVAC system · outdated and inefficient	Major	$15,000–50,000
Total estimated repair cost · 8 items		$120,000–400,000

Value-add ROI direction

• Both kitchen renovation — modernizing the kitchen would significantly increase both resale and rental value ↑
• Both bathroom renovation — upgrading the bathroom would also boost both resale and rental value ↑
• Both roof replacement — replacing the roof would improve the home's appearance and increase its value ↑
• Both exterior paint — painting the exterior would improve curb appeal and increase both resale and rental value ↑
• Both flooring replacement — replacing the carpeted floors with hardwood or tile would increase both resale and rental value ↑
• Both interior paint — painting the interior walls would improve the home's appearance and increase its value ↑
• Both window replacement — replacing the old windows with energy-efficient double-pane windows would increase both resale and rental value ↑
• Both HVAC system upgrade — upgrading the HVAC system to a modern, energy-efficient model would improve comfort and increase both resale and rental 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: Jasper ISD
• NCES district ID: 4824630
• Math proficiency: 22% ▼ -12.00%
• Reading proficiency: 26% ▼ -8.00%
• Median HH income: $36,286
• Composite: 19.91/100
• National rank: #8684
• State rank: #734 of 826 in TX

Livability — Jasper

• Score: 58/100
• State rank: #1225
• US rank: #21385

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 15,267

Population outlook (Jasper County) Hauer SSP2

• Today (2025): 33,986 people
• By 2030: 32,965 · -3.0%
• By 2040: 30,908 · -9.1%
• By 2050: 28,893 · -15.0%
• By 2075: 24,828 · -26.9%
• By 2100: 19,987 · -41.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.56)
• Race & ethnicity: White 60% Black 28% Two or more races 7% Hispanic / Latino 6%
• Hispanic origin (detail): Mexican 6%
• Common ancestry: Lithuanian 1% Slovak 1% Iranian 1%
• Foreign-born: 3% · Canada
• Languages at home: 93% English-only · Spanish 5% Tagalog/Filipino 1%

Political lean MEDSL · Jasper

• 2024 margin: Solid R (+66.6) · D 16.5% · R 83.1%
• 2008→2024 swing: -24.6pp toward R · 2008: -42.0pp · 2024: -66.6pp
• All cycles: 2024: R+66.6 2020: R+61.4 2016: R+59.9 2012: R+48.4 2008: R+42.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -83.56%
• Current HPI: 136.7972
• 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

• 2026-04-01 Listed $50,000 Deep East Texas MLS

Property tax history

+77.1%/yr

Latest (2025): $1,002 · +77.1% YoY. Source: county tax records.