6307 Stonewall St · Greenville, TX 75402

$185,000

3 bd · 3.0 ba · 1,618 sqft · SingleFamily public records · 10 Days on market

Built 1972 10,019 sqft lot Est $241k · 23% 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 +14.2/30.0
• 1% rule +4.5/10.0
• DSCR +4.3/10.0
• Livability +3.9/5.0
• Condition / age +2.5/5.0
• Rent growth +2.2/5.0
• Schools +2.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Beautiful home centrally located in the South Greenville area, close to Shopping, entertainment, and dining! Shaded backyard off of the garage area. Home has large living area with a formal Dining room.

Key facts

• 2023 roof
• Tile flooring
• 2019 hvac system

Tags

• 2023 ROOF
• 2019 HVAC SYSTEM
• 2023 FOUNDATION REPAIR
• TILE FLOORING
• QUARTER-ACRE LOT
• MATURE TREES

Property features AI

Finance

• Financial info: Listing terms: Cash, Conventional, FHA
• HOA & community: No association

Exterior

• Parking: Attached 2-car garage; 2 covered parking spaces; 2-car carport / additional parking
• Utilities: City water; City sewer; Cable available
• Home design: Single-family residence; Residential property; One story; Built in 1972
• Construction: Brick construction; Composition roof; Slab foundation
• Exterior features: Lot under 0.5 acre; Subdivision: Ridgecrest Add Sec 1; Directions: From Wesley turn on Terrell Rd and make a left on Stonewall St. Property on right of road.

Interior

• Kitchen: Dishwasher; Electric cooktop; Electric oven; Refrigerator
• Bedrooms: Primary bedroom on main level with ensuite bathroom and walk-in closet; Two additional bedrooms on main level
• Flooring: Ceramic tile; Luxury vinyl plank
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (natural gas); Central air; Ceiling fans
• Interior features: Eat-in kitchen; Granite counters; Cable TV available; High-speed internet available; Two living areas; One dining area; Total of 5 rooms; One-level home

What this means for you Summary

Snapshot

• This is a 3-bed/3.0-bath single-family listed at $185k.

Deal economics

• At list price, monthly cash flow is $30 ($356/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $175k (5.2% below list).
• Recommended offer: $175k (5.2% below list) — sets the bar for 1% rule.
• Cap rate 6.5% vs local median 4.1% in Greenville — 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 77/100 on livability (#78 in TX, #2,719 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A; Watch: employment D, commute F.
• Greenville ISD (town): math 20% / reading 26% proficiency, ranked #743 of 826 in TX (top 90%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Bowie El (math 26% / reading 30%, grade F, #2,740 of 4,322 statewide, top 64%, 609 students, 71% FRL) — zoned schools average 71% FRL vs 55% district-wide (16 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents soft (-1.0%/yr); 298 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 1,289 units permitted in Hunt County in 2024 (527 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 $6k of value loss. Plan a longer hold.
• Hunt County population projected at +15% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• Only 10 days on market — expect competitive offers; lowballing is unlikely to land.
• 7 sale attempts since 19y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; moderate 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 $175,327 (5.2% below list)

Questions for the listing agent

1. Built in 1972 — 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. 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?
4. 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?
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: 0.95% ✗
• Cap rate: 6.49%
• Cash-on-cash: 0.69%
• DSCR: 1.03
• GRM: 8.8

CMA / ARV

• ARV (on-the-fly): $241,082
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
6317 Stonewall St	0.07mi	3/2.0	1,856 (+15%)	2mo	$239,000	$129	67
6618 Ellesmere Dr	0.62mi	3/2.0	1,629 (+1%)	7mo	$270,000	$166	60
1427 Reiger Dr	0.66mi	3/2.0	1,576 (-3%)	4mo	$229,000	$145	58
6002 Colorado St	0.62mi	3/2.0	1,707 (+6%)	2mo	$224,900	$132	56
108 Labein Ave	0.74mi	3/2.0	1,614 (-0%)	6mo	$255,990	$159	56
1410 Jacksons Run	0.75mi	3/2.0	1,697 (+5%)	4mo	$219,900	$130	50
6608 Pattison Ln	0.72mi	4/2.0 (+1)	1,578 (-2%)	7mo	$255,556	$162	48
6612 Pattison Ln	0.70mi	4/2.5 (+1)	1,719 (+6%)	7mo	$277,440	$161	44
6618 Pattison Ln	0.68mi	3/2.0	1,460 (-10%)	7mo	$247,358	$169	42
122 Kainos St	0.69mi	4/3.0 (+1)	1,828 (+13%)	3mo	$272,990	$149	39
1506 Jacksons Run	0.56mi	4/2.0 (+1)	1,830 (+13%)	5mo	$265,000	$145	38
2316 Watchill Dr	0.66mi	4/2.0 (+1)	1,850 (+14%)	1mo	$260,000	$141	35

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -18.8%
• Equity multiple: 0.36×
• Total profit: $-33,154
• Equity at exit: $27,584

10-year hold

• IRR: -19.5%
• Equity multiple: 0.11×
• Total profit: $-45,996
• Equity at exit: $15,995

Cash invested: $51,800 (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 75402

• Rents YoY: -1.0%
• Active inventory: 298
• Price-to-rent: 8.8×

Monthly cashflow live

• Estimated rent: $1,753 high
• Mortgage (P&I): −$970
• Tax from tax record: −$308 /mo · $3,698/yr
• Insurance: −$77
• HOA: −$0
• Vacancy / Maint / Mgmt: −$368
• Net cashflow: $30

Break-even live

Break-even rent $1,716

Max offer price $185,000

Occupancy floor 93%

Sensitivity live

Price	-10% $134	-5% $82	+0% $30	+5% $-23	+10% $-75
Rent	-10% $-109	-5% $-40	+0% $30	+5% $99	+10% $168
Rate	-1.0pp $123	-0.5pp $77	base $30	+0.5pp $-18	+1.0pp $-67

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: $46,250
• Closing costs: $5,550
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6320 Stonewall St Greenville, TX	3.0	1.0–2.0	930	$1,725	$1.85	0d	1	0.06mi
6504 Flamingo Rd Greenville, TX	3.0	2.0	1190	$1,425	$1.20	25d	1	0.42mi
3000 Webb Ave Unit 402 Greenville, TX	2.0	1.5	1300	$1,425	$1.10	25d	1	0.46mi
3000 Webb Ave Greenville, TX	2.0	1.5	1300	$1,395	$1.07	0d	1	0.46mi
2509 Garden Dr Greenville, TX	3.0	2.0	1287	$1,450	$1.13	0d	1	0.47mi
6716 Flamingo Rd Greenville, TX	3.0	2.0	1344	$1,650	$1.23	0d	1	0.61mi
6002 Colorado St Greenville, TX	3.0	2.0	1692	$1,900	$1.12	23d	1	0.64mi
102 Goel St Greenville, TX	4.0	2.0	1788	$1,975	$1.10	3d	1	0.64mi
102 Goel St Greenville, TX	4.0	2.0	1794	$1,975	$1.10	8d	1	0.65mi
102 Goel St Greenville, TX	4.0	2.0	1794	$1,975	$1.10	25d	1	0.65mi
1426 Thibodaux Dr Greenville, TX	3.0	2.0	1659	$1,795	$1.08	0d	1	0.66mi
110 Doma Ave Greenville, TX	4.0	2.0	1571	$1,740	$1.11	3d	1	0.67mi
112 Goel St Greenville, TX	4.0	2.0	1788	$1,835	$1.03	3d	1	0.69mi
1417 Brindle Dr Greenville, TX	3.0	2.0	1187	$1,175	$0.99	0d	1	0.70mi
116 Doma Ave Greenville, TX	4.0	2.0	1788	$1,825	$1.02	0d	1	0.70mi
116 Goel St Greenville, TX	4.0	3.0	1828	$1,885	$1.03	3d	1	0.71mi
1412 Waverley Dr Greenville, TX	3.0	2.0	1333	$1,650	$1.24	45d	1	0.75mi
3502 Austin St Greenville, TX	3.0	1.5	1140	$1,375	$1.21	45d	1	0.75mi
3117 Chaparral Dr Greenville, TX	3.0	2.0	1355	$1,650	$1.22	18d	1	0.76mi
1401 Brindle Dr Greenville, TX	3.0	2.0	1290	$1,750	$1.36	45d	1	0.77mi
6529 Graceland Dr Greenville, TX	3.0	2.0	1702	$1,875	$1.10	25d	1	0.81mi
3201 Kari Ln Unit 1621 Greenville, TX	2.0	2.0	1148	$1,210	$1.05	45d	1	0.82mi
1905 Center Point Ln Greenville, TX	1.0–2.0	1.0–2.0	925	$1,436	$1.55	0d	16	0.83mi
3407 Tipps Dr Greenville, TX	3.0	2.0	1698	$1,875	$1.10	3d	1	1.00mi
50021 Del Ra Dr Greenville, TX	3.0	1.5	1452	$1,700	$1.17	25d	1	1.00mi
6809 Topaz Dr Greenville, TX	3.0	3.0	2052	$1,995	$0.97	45d	1	1.06mi
1012 Eva Dr Greenville, TX	3.0	2.0	1582	$1,895	$1.20	25d	1	1.10mi
6820 Topaz Dr Greenville, TX	3.0	2.5	1819	$900	$0.49	45d	1	1.10mi
1017 Eva Dr Greenville, TX	3.0	2.0	1582	$1,450	$0.92	45d	1	1.10mi
512 Oakridge Dr Greenville, TX	3.0	3.0	1695	$1,700	$1.00	45d	1	1.12mi
6915 Justin Ln Greenville, TX	3.0	2.0	1405	$1,925	$1.37	23d	1	1.13mi
906 Tippit Ln Greenville, TX	3.0	2.0	1605	$1,900	$1.18	3d	1	1.14mi
4504 Stonewall St Greenville, TX	4.0	3.0	2212	$1,500	$0.68	45d	1	1.16mi
1214 Interstate Highway 30 Greenville, TX	1.0–3.0	1.0–2.0	900	$1,500	$1.67	0d	1	1.17mi
328 Jamie Way Greenville, TX	3.0	2.0	1841	$2,150	$1.17	20d	1	1.18mi
708 Tippit Ln Greenville, TX	3.0	2.0	1612	$1,895	$1.18	0d	1	1.19mi
1005 Hardaway Ln Greenville, TX	3.0	2.0	1605	$1,950	$1.21	3d	1	1.21mi
804 Ransom Way Greenville, TX	3.0	2.0	1605	$1,900	$1.18	20d	1	1.21mi
802 Ransom Way Greenville, TX	3.0	2.0	1605	$1,900	$1.18	3d	1	1.22mi
1001 Hardaway Dr Greenville, TX	3.0	2.0	1596	$1,850	$1.16	3d	1	1.22mi

Listing history 7 events

1. 2026-06-21
   days on market $185,000 Active 10 DOM
2. 2026-06-18
   days on market $185,000 Active 7 DOM
3. 2026-06-17
   days on market $185,000 Active 6 DOM
4. 2026-06-16
   days on market $185,000 Active 5 DOM
5. 2026-06-15
   days on market $185,000 Active 4 DOM
6. 2026-06-13
   remarks 699-char remark
7. 2026-06-13
   listed $185,000 Active 2 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: $3,698 · $308/mo
• Projected year-2 tax: $3,698 · $308/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 7/10 Severe 7 d/yr ≥110°F today · 23 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% 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: $21,039
• − Mortgage interest: −$10,363
• − Property taxes: −$3,698
• − Insurance: −$925
• − Repairs & maintenance: −$1,683
• − Management: −$1,683
• − Depreciation: −$5,382
• Taxable loss: −$2,695
• Est. tax savings @ 24.0%: +$647
• After-tax cash flow: $1,003/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: Greenville ISD
• NCES district ID: 4821720
• Math proficiency: 20% ▼ -12.00%
• Reading proficiency: 26% ▼ -7.00%
• Median HH income: $41,374
• Composite: 19.56/100
• National rank: #8759
• State rank: #743 of 826 in TX

Livability — Greenville

• Score: 77/100
• State rank: #78
• US rank: #2719

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Greenville, TX
• County: Hunt County · 71,969 people
• City population: 42,767
• Metro: Dallas-Fort Worth-Arlington, TX
• Population (ZIP): 20,098
• Household income: $77,877
• Rent vs Own: 33.1% rent · 66.9% own
• Severe rent burden: 361.0

Population outlook (Hunt County) Hauer SSP2

• Today (2025): 97,090 people
• By 2030: 100,452 · +3.5%
• By 2040: 106,544 · +9.7%
• By 2050: 111,218 · +14.6%
• By 2075: 121,695 · +25.3%
• By 2100: 123,683 · +27.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (74%)
• Race & ethnicity: White 74% Hispanic / Latino 11% Black 10% Two or more races 8% Asian 2%
• Hispanic origin (detail): Mexican 7% Puerto Rican 1%
• Common ancestry: Slovak 2% Romanian 2% Lithuanian 1%
• Foreign-born: 3% · Canada, China
• Languages at home: 93% English-only · Spanish 5% Chinese 1%

Political lean MEDSL · Hunt

• 2024 margin: Solid R (+55.5) · D 21.9% · R 77.4%
• 2008→2024 swing: -14.9pp toward R · 2008: -40.6pp · 2024: -55.5pp
• All cycles: 2024: R+55.5 2020: R+52.5 2016: R+56.3 2012: R+51.2 2008: R+40.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -141.52%
• Current HPI: 232.0505
• Rent YoY: ▼ -1.00%
• 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
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

+105.8% since first listed

25 events — show timeline

• 2026-06-12 Listed $185,000 NTREIS
• 2023-11-13 Sold (Public Records) — Public Records
• 2022-08-10 Pending — NTREIS
• 2022-08-10 Listing Removed — NTREIS
• 2022-08-03 Relisted — NTREIS
• 2022-07-30 Pending — NTREIS
• 2022-07-11 Price Changed $199,000 NTREIS
• 2022-07-11 Relisted — NTREIS
• 2022-07-05 Contingent — NTREIS
• 2022-06-27 Listed $225,000 NTREIS
• 2016-02-04 Sold (Public Records) — Public Records
• 2016-02-03 Sold (MLS) — NTREIS
• 2016-01-23 Contingent — NTREIS
• 2016-01-19 Price Changed $79,000 NTREIS
• 2015-12-22 Price Changed $87,000 NTREIS
• 2015-09-07 Price Changed $89,000 NTREIS
• 2015-09-07 Listed $93,000 NTREIS
• 2015-08-09 Listing Removed — NTREIS
• 2014-12-04 Price Changed $93,000 NTREIS
• 2014-11-12 Listed $100,000 NTREIS
• 2007-07-30 Sold (Public Records) — Public Records
• 2007-04-26 Sold (Public Records) — Public Records
• 2007-04-24 Sold (MLS) — NTREIS
• 2007-04-09 Listing Removed — NTREIS
• 2007-01-09 Listed $89,900 NTREIS

Property tax history

+3.7%/yr

Latest (2025): $3,698 · +9.0% YoY. Source: county tax records.