532 W State Highway 42 Access · New London, TX 75662

$130,000

3 bd · 1.0 ba · 1,616 sqft · SingleFamily · 184 Days on market

Built 1980 Good condition 0.31 ac lot $80/sqft · 46% below area Est $239k · 46% under

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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 +24.9/30.0
• ARV discount +15.0/15.0
• DSCR +8.1/10.0
• 1% rule +6.5/10.0
• Rent growth +4.7/5.0
• Condition / age +3.8/5.0
• Schools +3.6/10.0
• Livability +3.4/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

WOW!! HUGE PRICE DROP!! SELLER SAYS BRING YOUR OFFERS!! Let your imagination run wild with this one!! Check out this charming 1.5 story log home, where country living meets timeless charm! Nestled on a manageable . 31 acre lot in Sabine ISD, this cozy retreat offers the perfect touch of rustic character and peaceful living! With easy access to I-20 and just minutes from town, you'll love the country feel with convenient proximity to everything you need! Step inside and fall in love with the open concept kitchen and living area, featuring soaring ceilings that give the space an airy & inviting feel! The primary bedroom and bathroom are located downstairs, complete with a laundry area conveniently tucked inside the master bath! Upstairs you'll find 2 additional bedrooms, perfect for family, guests, or a home office setup or flex space! The home features window units throughout keeping it cool and comfortable year round! Recent updates include brand new subfloors, luxury vinyl flooring, a new reconfigured bathroom & laundry room, water lines & plumbing, tankless water heater and more improvements are done for you! There's also flexibility to customize your own closets or enjoy the open spaces just as the current owner has! The sellers have minimized and are ready to move, making this charming home prepared for it's new owners to step right in! Make it yours today!!

Key facts

• Open concept kitchen
• Manageable lot
• Laundry area

Tags

• LOG HOME
• MANAGEABLE LOT
• OPEN CONCEPT KITCHEN
• SOARING CEILINGS
• PRIMARY BEDROOM
• LAUNDRY AREA

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $130k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $278 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $130k).
• Recommended offer: $114k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 68/100 on livability (#475 in TX) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: employment D, amenities F, commute F.
• West Rusk County Consolidated ISD (rural): math 41% / reading 43% proficiency, ranked #351 of 826 in TX (top 42%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 65% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+8.9%/yr); 283 active listings in the ZIP; 4 units permitted in Rusk County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $899 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Rusk County population projected to shrink 5% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-3.0% appreciation + 8.0% rent growth), your $36k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 184 days — a 12% lower offer ($114k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 2y ago; this cycle's ask has dropped $90k (41%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 65% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $114,400 (12.0% below list)

Questions for the listing agent

1. It's been on market 184 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. 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.
5. 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.
6. 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: 1.15% ✓
• Cap rate: 8.86%
• Cash-on-cash: 9.17%
• DSCR: 1.41
• GRM: 7.3

CMA / ARV

• ARV (median comp): $239,000
• List price: $130,000
• Delta: -45.61%
• Verdict: UNDERPRICED
• Comps: 1 within 2.0 mi

Projected returns pro-forma

-3.0% appreciation · 8.0% rent growth · sell at horizon

5-year hold

• IRR: 3.1%
• Equity multiple: 1.12×
• Total profit: $4,534
• Equity at exit: $19,383

10-year hold

• IRR: 16.9%
• Equity multiple: 2.72×
• Total profit: $62,660
• Equity at exit: $11,240

Cash invested: $36,400 (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 75662

• Home prices YoY: -16.9%
• Rents YoY: 8.9%
• Active inventory: 283
• Price-to-rent: 7.3×

Monthly cashflow live

• Estimated rent: $1,489 medium
• Mortgage (P&I): −$682
• Tax est. 1.5%: −$162 /mo · $1,950/yr
• Insurance: −$54
• HOA: −$0
• Vacancy / Maint / Mgmt: −$313
• Net cashflow: $278

Break-even live

Break-even rent $1,137

Max offer price $130,000

Occupancy floor 76%

Sensitivity live

Price	-10% $368	-5% $323	+0% $278	+5% $233	+10% $188
Rent	-10% $160	-5% $219	+0% $278	+5% $337	+10% $396
Rate	-1.0pp $343	-0.5pp $311	base $278	+0.5pp $244	+1.0pp $210

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: $32,500
• Closing costs: $3,900
• Reserves months: —
• Total cash needed: —

Listing history 31 events

1. 2026-06-21
   days on market $130,000 Active 184 DOM
2. 2026-06-18
   days on market $130,000 Active 182 DOM
3. 2026-06-17
   days on market $130,000 Active 181 DOM
4. 2026-06-16
   days on market $130,000 Active 180 DOM
5. 2026-06-15
   days on market $130,000 Active 179 DOM
6. 2026-06-15
   days on market $130,000 Active 178 DOM
7. 2026-06-13
   days on market $130,000 Active 177 DOM
8. 2026-06-12
   days on market $130,000 Active 176 DOM
9. 2026-06-09
   days on market $130,000 Active 173 DOM
10. 2026-06-08
    days on market $130,000 Active 172 DOM
11. 2026-06-08
    days on market $130,000 Active 171 DOM
12. 2026-06-07
    days on market $130,000 Active 170 DOM
13. 2026-06-03
    days on market $130,000 Active 167 DOM
14. 2026-06-02
    pricedays on market $130,000 Active 166 DOM
15. 2026-06-01
    days on market $150,000 Active 165 DOM
16. 2026-05-31
    days on market $150,000 Active 164 DOM
17. 2026-04-13
    price $150,000 1402-char remark

    Show marketing remark (1417 chars)

    SELLER SAYS BRING ALL OFFERS!! HUGE PRICE DROP!! Let your imagination run wild with this one!! Check out this charming 1.5 story log home, where country living meets timeless charm! Nestled on a manageable . 31 acre lot in Sabine ISD, this cozy retreat offers the perfect touch of rustic character and peaceful living! With easy access to I-20 and just minutes from town, you'll love the country feel with convenient proximity to everything you need! Step inside and fall in love with the open concept kitchen and living area, featuring soaring ceilings that give the space an airy & inviting feel! The primary bedroom and bathroom are located downstairs, complete with a laundry area conveniently tucked inside the master bath! Upstairs you'll find 2 additional bedrooms, perfect for family, guests, or a home office setup or flex space! The home features window units throughout keeping it cool and comfortable year round! Recent updates include brand new subfloors, luxury vinyl flooring, a new reconfigured bathroom & laundry room, water lines & plumbing, tankless water heater and more improvements are done for you! There's also flexibility to customize your own closets or enjoy the open spaces just as the current owner has! The sellers have minimized and are ready to move, making this charming home prepared for it's new owners to step right in and make it their own! Make it yours today!!

18. 2026-04-13
    price $150,000 1417-char remark

    Show marketing remark (1417 chars)

    SELLER SAYS BRING ALL OFFERS!! HUGE PRICE DROP!! Let your imagination run wild with this one!! Check out this charming 1.5 story log home, where country living meets timeless charm! Nestled on a manageable . 31 acre lot in Sabine ISD, this cozy retreat offers the perfect touch of rustic character and peaceful living! With easy access to I-20 and just minutes from town, you'll love the country feel with convenient proximity to everything you need! Step inside and fall in love with the open concept kitchen and living area, featuring soaring ceilings that give the space an airy & inviting feel! The primary bedroom and bathroom are located downstairs, complete with a laundry area conveniently tucked inside the master bath! Upstairs you'll find 2 additional bedrooms, perfect for family, guests, or a home office setup or flex space! The home features window units throughout keeping it cool and comfortable year round! Recent updates include brand new subfloors, luxury vinyl flooring, a new reconfigured bathroom & laundry room, water lines & plumbing, tankless water heater and more improvements are done for you! There's also flexibility to customize your own closets or enjoy the open spaces just as the current owner has! The sellers have minimized and are ready to move, making this charming home prepared for it's new owners to step right in and make it their own! Make it yours today!!

19. 2026-03-17
    price $170,000 1402-char remark

    Show marketing remark (1417 chars)

    SELLER SAYS BRING ALL OFFERS!! HUGE PRICE DROP!! Let your imagination run wild with this one!! Check out this charming 1.5 story log home, where country living meets timeless charm! Nestled on a manageable . 31 acre lot in Sabine ISD, this cozy retreat offers the perfect touch of rustic character and peaceful living! With easy access to I-20 and just minutes from town, you'll love the country feel with convenient proximity to everything you need! Step inside and fall in love with the open concept kitchen and living area, featuring soaring ceilings that give the space an airy & inviting feel! The primary bedroom and bathroom are located downstairs, complete with a laundry area conveniently tucked inside the master bath! Upstairs you'll find 2 additional bedrooms, perfect for family, guests, or a home office setup or flex space! The home features window units throughout keeping it cool and comfortable year round! Recent updates include brand new subfloors, luxury vinyl flooring, a new reconfigured bathroom & laundry room, water lines & plumbing, tankless water heater and more improvements are done for you! There's also flexibility to customize your own closets or enjoy the open spaces just as the current owner has! The sellers have minimized and are ready to move, making this charming home prepared for it's new owners to step right in and make it their own! Make it yours today!!

20. 2026-03-17
    price $170,000 1417-char remark

    Show marketing remark (1417 chars)

    SELLER SAYS BRING ALL OFFERS!! HUGE PRICE DROP!! Let your imagination run wild with this one!! Check out this charming 1.5 story log home, where country living meets timeless charm! Nestled on a manageable . 31 acre lot in Sabine ISD, this cozy retreat offers the perfect touch of rustic character and peaceful living! With easy access to I-20 and just minutes from town, you'll love the country feel with convenient proximity to everything you need! Step inside and fall in love with the open concept kitchen and living area, featuring soaring ceilings that give the space an airy & inviting feel! The primary bedroom and bathroom are located downstairs, complete with a laundry area conveniently tucked inside the master bath! Upstairs you'll find 2 additional bedrooms, perfect for family, guests, or a home office setup or flex space! The home features window units throughout keeping it cool and comfortable year round! Recent updates include brand new subfloors, luxury vinyl flooring, a new reconfigured bathroom & laundry room, water lines & plumbing, tankless water heater and more improvements are done for you! There's also flexibility to customize your own closets or enjoy the open spaces just as the current owner has! The sellers have minimized and are ready to move, making this charming home prepared for it's new owners to step right in and make it their own! Make it yours today!!

21. 2026-01-29
    price $190,000 1417-char remark

    Show marketing remark (1402 chars)

    WOW!! HUGE PRICE DROP!! SELLER SAYS BRING YOUR OFFERS!! Let your imagination run wild with this one!! Check out this charming 1.5 story log home, where country living meets timeless charm! Nestled on a manageable . 31 acre lot in Sabine ISD, this cozy retreat offers the perfect touch of rustic character and peaceful living! With easy access to I-20 and just minutes from town, you'll love the country feel with convenient proximity to everything you need! Step inside and fall in love with the open concept kitchen and living area, featuring soaring ceilings that give the space an airy & inviting feel! The primary bedroom and bathroom are located downstairs, complete with a laundry area conveniently tucked inside the master bath! Upstairs you'll find 2 additional bedrooms, perfect for family, guests, or a home office setup or flex space! The home features window units throughout keeping it cool and comfortable year round! Recent updates include brand new subfloors, luxury vinyl flooring, a new reconfigured bathroom & laundry room, water lines & plumbing, tankless water heater and more improvements are done for you! There's also flexibility to customize your own closets or enjoy the open spaces just as the current owner has! The sellers have minimized and are ready to move, making this charming home prepared for it's new owners to step right in! Make it yours today!!

22. 2026-01-29
    price $190,000 1402-char remark

    Show marketing remark (1402 chars)

    WOW!! HUGE PRICE DROP!! SELLER SAYS BRING YOUR OFFERS!! Let your imagination run wild with this one!! Check out this charming 1.5 story log home, where country living meets timeless charm! Nestled on a manageable . 31 acre lot in Sabine ISD, this cozy retreat offers the perfect touch of rustic character and peaceful living! With easy access to I-20 and just minutes from town, you'll love the country feel with convenient proximity to everything you need! Step inside and fall in love with the open concept kitchen and living area, featuring soaring ceilings that give the space an airy & inviting feel! The primary bedroom and bathroom are located downstairs, complete with a laundry area conveniently tucked inside the master bath! Upstairs you'll find 2 additional bedrooms, perfect for family, guests, or a home office setup or flex space! The home features window units throughout keeping it cool and comfortable year round! Recent updates include brand new subfloors, luxury vinyl flooring, a new reconfigured bathroom & laundry room, water lines & plumbing, tankless water heater and more improvements are done for you! There's also flexibility to customize your own closets or enjoy the open spaces just as the current owner has! The sellers have minimized and are ready to move, making this charming home prepared for it's new owners to step right in! Make it yours today!!

23. 2026-01-15
    price $197,000 1417-char remark

    Show marketing remark (1402 chars)

    WOW!! HUGE PRICE DROP!! SELLER SAYS BRING YOUR OFFERS!! Let your imagination run wild with this one!! Check out this charming 1.5 story log home, where country living meets timeless charm! Nestled on a manageable . 31 acre lot in Sabine ISD, this cozy retreat offers the perfect touch of rustic character and peaceful living! With easy access to I-20 and just minutes from town, you'll love the country feel with convenient proximity to everything you need! Step inside and fall in love with the open concept kitchen and living area, featuring soaring ceilings that give the space an airy & inviting feel! The primary bedroom and bathroom are located downstairs, complete with a laundry area conveniently tucked inside the master bath! Upstairs you'll find 2 additional bedrooms, perfect for family, guests, or a home office setup or flex space! The home features window units throughout keeping it cool and comfortable year round! Recent updates include brand new subfloors, luxury vinyl flooring, a new reconfigured bathroom & laundry room, water lines & plumbing, tankless water heater and more improvements are done for you! There's also flexibility to customize your own closets or enjoy the open spaces just as the current owner has! The sellers have minimized and are ready to move, making this charming home prepared for it's new owners to step right in! Make it yours today!!

24. 2026-01-15
    price $197,000 1402-char remark

    Show marketing remark (1402 chars)

    WOW!! HUGE PRICE DROP!! SELLER SAYS BRING YOUR OFFERS!! Let your imagination run wild with this one!! Check out this charming 1.5 story log home, where country living meets timeless charm! Nestled on a manageable . 31 acre lot in Sabine ISD, this cozy retreat offers the perfect touch of rustic character and peaceful living! With easy access to I-20 and just minutes from town, you'll love the country feel with convenient proximity to everything you need! Step inside and fall in love with the open concept kitchen and living area, featuring soaring ceilings that give the space an airy & inviting feel! The primary bedroom and bathroom are located downstairs, complete with a laundry area conveniently tucked inside the master bath! Upstairs you'll find 2 additional bedrooms, perfect for family, guests, or a home office setup or flex space! The home features window units throughout keeping it cool and comfortable year round! Recent updates include brand new subfloors, luxury vinyl flooring, a new reconfigured bathroom & laundry room, water lines & plumbing, tankless water heater and more improvements are done for you! There's also flexibility to customize your own closets or enjoy the open spaces just as the current owner has! The sellers have minimized and are ready to move, making this charming home prepared for it's new owners to step right in! Make it yours today!!

25. 2026-01-06
    price $200,000 1402-char remark

    Show marketing remark (1417 chars)

    SELLER SAYS BRING ALL OFFERS!! HUGE PRICE DROP!! Let your imagination run wild with this one!! Check out this charming 1.5 story log home, where country living meets timeless charm! Nestled on a manageable . 31 acre lot in Sabine ISD, this cozy retreat offers the perfect touch of rustic character and peaceful living! With easy access to I-20 and just minutes from town, you'll love the country feel with convenient proximity to everything you need! Step inside and fall in love with the open concept kitchen and living area, featuring soaring ceilings that give the space an airy & inviting feel! The primary bedroom and bathroom are located downstairs, complete with a laundry area conveniently tucked inside the master bath! Upstairs you'll find 2 additional bedrooms, perfect for family, guests, or a home office setup or flex space! The home features window units throughout keeping it cool and comfortable year round! Recent updates include brand new subfloors, luxury vinyl flooring, a new reconfigured bathroom & laundry room, water lines & plumbing, tankless water heater and more improvements are done for you! There's also flexibility to customize your own closets or enjoy the open spaces just as the current owner has! The sellers have minimized and are ready to move, making this charming home prepared for it's new owners to step right in and make it their own! Make it yours today!!

26. 2026-01-06
    price $200,000 1417-char remark

    Show marketing remark (1417 chars)

    SELLER SAYS BRING ALL OFFERS!! HUGE PRICE DROP!! Let your imagination run wild with this one!! Check out this charming 1.5 story log home, where country living meets timeless charm! Nestled on a manageable . 31 acre lot in Sabine ISD, this cozy retreat offers the perfect touch of rustic character and peaceful living! With easy access to I-20 and just minutes from town, you'll love the country feel with convenient proximity to everything you need! Step inside and fall in love with the open concept kitchen and living area, featuring soaring ceilings that give the space an airy & inviting feel! The primary bedroom and bathroom are located downstairs, complete with a laundry area conveniently tucked inside the master bath! Upstairs you'll find 2 additional bedrooms, perfect for family, guests, or a home office setup or flex space! The home features window units throughout keeping it cool and comfortable year round! Recent updates include brand new subfloors, luxury vinyl flooring, a new reconfigured bathroom & laundry room, water lines & plumbing, tankless water heater and more improvements are done for you! There's also flexibility to customize your own closets or enjoy the open spaces just as the current owner has! The sellers have minimized and are ready to move, making this charming home prepared for it's new owners to step right in and make it their own! Make it yours today!!

27. 2026-01-02
    price $215,000 1402-char remark

    Show marketing remark (1417 chars)

    SELLER SAYS BRING ALL OFFERS!! HUGE PRICE DROP!! Let your imagination run wild with this one!! Check out this charming 1.5 story log home, where country living meets timeless charm! Nestled on a manageable . 31 acre lot in Sabine ISD, this cozy retreat offers the perfect touch of rustic character and peaceful living! With easy access to I-20 and just minutes from town, you'll love the country feel with convenient proximity to everything you need! Step inside and fall in love with the open concept kitchen and living area, featuring soaring ceilings that give the space an airy & inviting feel! The primary bedroom and bathroom are located downstairs, complete with a laundry area conveniently tucked inside the master bath! Upstairs you'll find 2 additional bedrooms, perfect for family, guests, or a home office setup or flex space! The home features window units throughout keeping it cool and comfortable year round! Recent updates include brand new subfloors, luxury vinyl flooring, a new reconfigured bathroom & laundry room, water lines & plumbing, tankless water heater and more improvements are done for you! There's also flexibility to customize your own closets or enjoy the open spaces just as the current owner has! The sellers have minimized and are ready to move, making this charming home prepared for it's new owners to step right in and make it their own! Make it yours today!!

28. 2026-01-02
    price $215,000 1417-char remark

    Show marketing remark (1417 chars)

    SELLER SAYS BRING ALL OFFERS!! HUGE PRICE DROP!! Let your imagination run wild with this one!! Check out this charming 1.5 story log home, where country living meets timeless charm! Nestled on a manageable . 31 acre lot in Sabine ISD, this cozy retreat offers the perfect touch of rustic character and peaceful living! With easy access to I-20 and just minutes from town, you'll love the country feel with convenient proximity to everything you need! Step inside and fall in love with the open concept kitchen and living area, featuring soaring ceilings that give the space an airy & inviting feel! The primary bedroom and bathroom are located downstairs, complete with a laundry area conveniently tucked inside the master bath! Upstairs you'll find 2 additional bedrooms, perfect for family, guests, or a home office setup or flex space! The home features window units throughout keeping it cool and comfortable year round! Recent updates include brand new subfloors, luxury vinyl flooring, a new reconfigured bathroom & laundry room, water lines & plumbing, tankless water heater and more improvements are done for you! There's also flexibility to customize your own closets or enjoy the open spaces just as the current owner has! The sellers have minimized and are ready to move, making this charming home prepared for it's new owners to step right in and make it their own! Make it yours today!!

29. 2025-12-18
    listed $220,000 Active 1402-char remark

    Show marketing remark (1417 chars)

    SELLER SAYS BRING ALL OFFERS!! HUGE PRICE DROP!! Let your imagination run wild with this one!! Check out this charming 1.5 story log home, where country living meets timeless charm! Nestled on a manageable . 31 acre lot in Sabine ISD, this cozy retreat offers the perfect touch of rustic character and peaceful living! With easy access to I-20 and just minutes from town, you'll love the country feel with convenient proximity to everything you need! Step inside and fall in love with the open concept kitchen and living area, featuring soaring ceilings that give the space an airy & inviting feel! The primary bedroom and bathroom are located downstairs, complete with a laundry area conveniently tucked inside the master bath! Upstairs you'll find 2 additional bedrooms, perfect for family, guests, or a home office setup or flex space! The home features window units throughout keeping it cool and comfortable year round! Recent updates include brand new subfloors, luxury vinyl flooring, a new reconfigured bathroom & laundry room, water lines & plumbing, tankless water heater and more improvements are done for you! There's also flexibility to customize your own closets or enjoy the open spaces just as the current owner has! The sellers have minimized and are ready to move, making this charming home prepared for it's new owners to step right in and make it their own! Make it yours today!!

30. 2025-12-18
    listed $220,000 Active 1417-char remark

    Show marketing remark (1417 chars)

    SELLER SAYS BRING ALL OFFERS!! HUGE PRICE DROP!! Let your imagination run wild with this one!! Check out this charming 1.5 story log home, where country living meets timeless charm! Nestled on a manageable . 31 acre lot in Sabine ISD, this cozy retreat offers the perfect touch of rustic character and peaceful living! With easy access to I-20 and just minutes from town, you'll love the country feel with convenient proximity to everything you need! Step inside and fall in love with the open concept kitchen and living area, featuring soaring ceilings that give the space an airy & inviting feel! The primary bedroom and bathroom are located downstairs, complete with a laundry area conveniently tucked inside the master bath! Upstairs you'll find 2 additional bedrooms, perfect for family, guests, or a home office setup or flex space! The home features window units throughout keeping it cool and comfortable year round! Recent updates include brand new subfloors, luxury vinyl flooring, a new reconfigured bathroom & laundry room, water lines & plumbing, tankless water heater and more improvements are done for you! There's also flexibility to customize your own closets or enjoy the open spaces just as the current owner has! The sellers have minimized and are ready to move, making this charming home prepared for it's new owners to step right in and make it their own! Make it yours today!!

31. 2024-09-12
    listed $139,900 Active

ⓘ 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 5/10 Major
• 🌡 Heat 7/10 Severe 7 d/yr ≥110°F today · 25 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 65% 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: $17,870
• − Mortgage interest: −$7,282
• − Property taxes: −$1,950
• − Insurance: −$650
• − Repairs & maintenance: −$1,430
• − Management: −$1,430
• − Depreciation: −$3,782
• Taxable income: $1,347
• Est. tax owed @ 24.0%: −$323
• After-tax cash flow: $3,013/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 75/100 Cosmetic rehab

This charming 1.5 story log home offers a good condition with a good condition score of 75. It is in a good condition with minimal repairs needed and a good curb appeal. The home is move-in ready and has a good resale and rental value.

Value-add opportunities

• Resale Paint exterior — Enhances curb appeal and value
• Resale Replace gutters — Improves home's appearance and functionality
• Both Upgrade lighting — Enhances curb appeal and interior ambiance
• Rental Add outdoor seating — Improves rental appeal and comfort
• Both Install smart home features — Enhances convenience and marketability

Renovation cost estimate screening

Value-add ROI direction

• Resale Paint exterior — Enhances curb appeal and value ↑
• Resale Replace gutters — Improves home's appearance and functionality ↑
• Both Upgrade lighting — Enhances curb appeal and interior ambiance ↑
• Rental Add outdoor seating — Improves rental appeal and comfort ↑
• Both Install smart home features — Enhances convenience and marketability ↑

ⓘ 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: West Rusk County Consolidated ISD
• NCES district ID: 4845150
• Math proficiency: 41% ▲ 1.00%
• Reading proficiency: 43% ▲ 1.00%
• Median HH income: $43,896
• Composite: 35.57/100
• National rank: #4902
• State rank: #351 of 826 in TX

Livability — New London

• Score: 68/100
• State rank: #475
• US rank: #9545

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Gregg County · 128,826 people
• City population: 8,368
• Metro: Longview, TX
• Population (ZIP): 25,034
• Household income: $70,096
• Rent vs Own: 21.9% rent · 78.1% own
• Severe rent burden: 486.0

Population outlook (Rusk County) Hauer SSP2

• Today (2025): 52,498 people
• By 2030: 52,093 · -0.8%
• By 2040: 50,866 · -3.1%
• By 2050: 49,696 · -5.3%
• By 2075: 48,583 · -7.5%
• By 2100: 43,265 · -17.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.58)
• Race & ethnicity: White 59% Hispanic / Latino 23% Two or more races 22% Black 11%
• Hispanic origin (detail): Mexican 21%
• Common ancestry: Lithuanian 2% Slovak 1% Serbian 1%
• Foreign-born: 9% · Canada
• Languages at home: 81% English-only · Spanish 18%

Political lean MEDSL · Rusk

• 2024 margin: Solid R (+59.4) · D 20.0% · R 79.4%
• 2008→2024 swing: -13.2pp toward R · 2008: -46.3pp · 2024: -59.4pp
• All cycles: 2024: R+59.4 2020: R+55.7 2016: R+56.5 2012: R+51.1 2008: R+46.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -50.09%
• Current HPI: 247.1337
• Rent YoY: ▲ 8.89%
• Metro: Longview, 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

+7.2% since first listed

15 events — show timeline

• 2026-04-13 Price Changed $150,000 GTAR
• 2026-04-13 Price Changed $150,000 LAAR
• 2026-03-17 Price Changed $170,000 GTAR
• 2026-03-17 Price Changed $170,000 LAAR
• 2026-01-29 Price Changed $190,000 LAAR
• 2026-01-29 Price Changed $190,000 GTAR
• 2026-01-15 Price Changed $197,000 LAAR
• 2026-01-15 Price Changed $197,000 GTAR
• 2026-01-06 Price Changed $200,000 GTAR
• 2026-01-06 Price Changed $200,000 LAAR
• 2026-01-02 Price Changed $215,000 GTAR
• 2026-01-02 Price Changed $215,000 LAAR
• 2025-12-18 Listed $220,000 LAAR
• 2025-12-18 Listed $220,000 GTAR
• 2024-09-12 Listed $139,900 LAAR