713 San Felipe Trl · Fort Worth, TX 76052

$254,900

4 bd · 2.0 ba · 1,742 sqft · SingleFamily public records · 24 Days on market

Built 2008 7,318 sqft lot Est $298k · 14% under $40/mo HOA · 2% of rent

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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 +14.0/15.0
• Cash flow +12.5/30.0
• Schools +4.6/10.0
• 1% rule +4.4/10.0
• Livability +4.0/5.0
• DSCR +3.7/10.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Newer Sendera Ranch home, open floorplan, new laminate in the living room, 2nd living upstairs. Split bedrooms, spacious kitchen, granite counters, refrigerator included. Huge fenced yard with covered patio, attached 2 car garage, near shops and schools. Community features pool, playground and park.

Key facts

• Nearby retail
• Outdoor space
• Easy access to parks

Tags

• OUTDOOR SPACE
• EASY ACCESS TO SHOPPING
• EASY ACCESS TO DINING
• EASY ACCESS TO PARKS
• EASY ACCESS TO MAJOR ROADWAYS
• NEARBY RETAIL

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $255k.

Deal economics

• At list price, monthly cash flow is $-37 ($-448/yr) — negative.
• To cash-flow at today's rent, offer at most $248k (2.6% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $239k (6.4% below list).
• Recommended offer: $239k (6.4% below list) — sets the bar for 1% rule.
• Cap rate 6.1% 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: 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.
• Zoned schools: Prairie View El (math 21% / reading 27%, grade F, #3,221 of 4,322 statewide, top 75%, 631 students, 54% FRL); Truett Wilson Middle (math 51% / reading 45%, grade C-, #400 of 1,662 statewide, top 24%, 1,414 students, 30% FRL); V R Eaton H S (math 48% / reading 62%, grade C, #373 of 1,632 statewide, top 23%, 3,273 students, 0% FRL).
• Market conditions: Rents rising (+1.1%/yr); 1100 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 18,938 units permitted in Tarrant County in 2024 (8,336 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 $8k of value loss. Plan a longer hold.
• Tarrant County population projected at +41% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 24 days — a 2% lower offer ($251k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 18y 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: 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 $238,656 (6.4% 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. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
6. 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?
7. 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.
8. 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.
9. 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: 0.94% ✗
• Cap rate: 6.12%
• Cash-on-cash: -0.63%
• DSCR: 0.97
• GRM: 8.9

CMA / ARV

• ARV (on-the-fly): $297,882
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
808 Mexicali Way	0.21mi	3/2.0 (-1)	1,844 (+6%)	1mo	$294,900	$160	75
14216 Tijuana Trl	0.30mi	3/2.0 (-1)	1,662 (-5%)	0mo	$270,000	$162	73
14048 Esperanza Dr	0.38mi	4/2.0	1,653 (-5%)	1mo	$282,500	$171	73
716 Salida Rd	0.34mi	3/2.0 (-1)	1,614 (-7%)	1mo	$324,000	$201	66
14308 Snaffle Bit Trl	0.68mi	3/2.0 (-1)	1,694 (-3%)	1mo	$279,500	$165	58
761 Pollyann Trl	0.71mi	4/2.0	1,837 (+6%)	0mo	$298,000	$162	58
1113 Day Dream Dr	0.60mi	3/2.0 (-1)	1,834 (+5%)	2mo	$294,950	$161	57
452 Falling Star Dr	0.33mi	3/2.0 (-1)	1,482 (-15%)	2mo	$269,700	$182	53
14505 Broomstick Rd	0.48mi	3/2.0 (-1)	1,510 (-13%)	1mo	$299,990	$199	50
1037 Castle Top Dr	0.50mi	3/2.0 (-1)	1,508 (-13%)	1mo	$269,900	$179	48
1105 Roping Reins Way	0.72mi	3/2.0 (-1)	1,532 (-12%)	1mo	$249,000	$163	40
217 Anvil Dr	0.69mi	3/2.0 (-1)	1,487 (-15%)	1mo	$271,500	$183	38

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

5-year hold

• IRR: -19.6%
• Equity multiple: 0.33×
• Total profit: $-48,070
• Equity at exit: $38,006

10-year hold

• IRR: -17.5%
• Equity multiple: 0.13×
• Total profit: $-62,231
• Equity at exit: $22,039

Cash invested: $71,372 (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 76052

• Home prices YoY: -25.0%
• Rents YoY: 1.1%
• Active inventory: 1100
• Price-to-rent: 8.9×

Monthly cashflow live

• Estimated rent: $2,387 high
• Mortgage (P&I): −$1,337
• Tax from tax record: −$440 /mo · $5,277/yr
• Insurance: −$106
• HOA: −$40
• Vacancy / Maint / Mgmt: −$501
• Net cashflow: $-37

Break-even live

Break-even rent $2,434

Max offer price $248,311

Occupancy floor 97%

Sensitivity live

Price	-10% $107	-5% $35	+0% $-37	+5% $-109	+10% $-182
Rent	-10% $-226	-5% $-132	+0% $-37	+5% $57	+10% $151
Rate	-1.0pp $91	-0.5pp $28	base $-37	+0.5pp $-103	+1.0pp $-171

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: $63,725
• Closing costs: $7,647
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
604 Poncho Ln Haslet, TX	3.0	2.0	1230	$2,300	$1.87	26d	1	0.08mi
652 Rosario Ln Haslet, TX	3.0	2.0	1576	$1,795	$1.14	26d	1	0.11mi
745 Poncho Ln Haslet, TX	3.0	2.0	1489	$2,090	$1.40	7d	1	0.15mi
14013 San Christoval Pass Haslet, TX	3.0	2.0	1268	$1,900	$1.50	45d	1	0.15mi
14000 Silkwood Dr Haslet, TX	4.0	2.0	1724	$2,050	$1.19	26d	1	0.15mi
801 Santa Rosa Dr Haslet, TX	4.0	2.0	2192	$2,139	$0.98	26d	1	0.17mi
825 Poncho Ln Haslet, TX	4.0	2.0	1768	$1,100	$0.62	20d	1	0.23mi
832 Santa Rosa Dr Haslet, TX	4.0	3.0	1784	$2,325	$1.30	45d	1	0.24mi
14201 Serrano Ridge Rd Haslet, TX	3.0	2.0	1244	$1,909	$1.53	4d	1	0.27mi
14409 Mainstay Way Haslet, TX	3.0	2.0	1680	$2,205	$1.31	13d	1	0.29mi
856 Poncho Ln Haslet, TX	3.0	2.0	1586	$2,350	$1.48	20d	1	0.29mi
900 San Felipe Trl Haslet, TX	3.0	2.0	1470	$1,995	$1.36	5d	1	0.32mi
14048 Firebush Ln Haslet, TX	4.0	2.0	1928	$1,950	$1.01	26d	1	0.35mi
14044 Esperanza Dr Haslet, TX	3.0	2.0	1423	$2,100	$1.48	19d	1	0.41mi
1005 Castle Top Dr Haslet, TX	3.0	2.0	1516	$1,850	$1.22	45d	1	0.46mi
340 Navidad Trl Haslet, TX	3.0	2.0	1535	$1,920	$1.25	26d	1	0.52mi
357 Gunsmith Way Haslet, TX	3.0	2.0	1300	$1,899	$1.46	24d	1	0.52mi
625 Saguaro Dr Haslet, TX	3.0	2.0	1521	$2,120	$1.39	45d	1	0.52mi
305 Falling Star Dr Haslet, TX	4.0	2.0	1725	$1,995	$1.16	45d	1	0.53mi
14348 Artisan Dr Haslet, TX	3.0	2.0	1523	$2,050	$1.35	3d	1	0.53mi
14428 Cloudview Way Haslet, TX	3.0	2.0	1265	$2,250	$1.78	12d	1	0.66mi
14428 Cloudview Way Haslet, TX	3.0	2.0	1265	$2,250	$1.78	18d	1	0.66mi
14805 Gilley Ln Haslet, TX	3.0	2.0	1874	$2,400	$1.28	26d	1	0.68mi
444 Frio Pass Trl Haslet, TX	4.0	2.0	1680	$2,050	$1.22	14d	1	0.68mi
15725 Euston TER, Fort Worth, TX 76052 Fort Worth, TX	4.0	2.0	1836	$2,500	$1.36	45d	1	0.72mi
14353 Snaffle Bit Trl Haslet, TX	4.0	2.0	1664	$1,919	$1.15	45d	1	0.73mi
816 Joaquin Way Haslet, TX	4.0	2.0	2063	$2,395	$1.16	9d	1	0.73mi
1216 Artesia Dr Fort Worth, TX	4.0	2.5	1977	$2,300	$1.16	45d	1	0.73mi
565 Pueblo Bonito Trl Haslet, TX	3.0	2.0	1606	$2,200	$1.37	20d	1	0.75mi
421 Pueblo Bonito Trl Haslet, TX	3.0	2.0	1601	$2,100	$1.31	26d	1	0.76mi
14845 Gilley Ln Haslet, TX	3.0	2.0	1844	$2,395	$1.30	45d	1	0.78mi
917 Dustwood Dr Haslet, TX	4.0	2.0	1996	$2,395	$1.20	45d	1	0.78mi
917 Dustwood Dr Haslet, TX	4.0	2.0	1996	$2,295	$1.15	9d	1	0.78mi
14800 Mainstay Way Haslet, TX	4.0	2.5	2245	$2,895	$1.29	9d	1	0.78mi
369 Sun Bluff Rd Haslet, TX	4.0	2.5	1916	$2,395	$1.25	26d	1	0.82mi
14604 Camino Real Dr Haslet, TX	4.0	2.0	1681	$2,195	$1.31	26d	1	0.82mi
14825 Dusty Boot Trl Haslet, TX	3.0	2.0	1606	$2,195	$1.37	45d	1	0.84mi
14828 Grey Feather Trl Haslet, TX	4.0	2.0	1996	$2,399	$1.20	3d	1	0.85mi
360 Sun Bluff Rd Haslet, TX	3.0	2.0	1271	$1,810	$1.42	45d	1	0.85mi
952 Dustwood Dr Haslet, TX	4.0	2.0	1838	$2,470	$1.34	26d	1	0.87mi

HOA detail

• Monthly dues: $40 · $480/yr
• Likely covers: pool

Listing history 12 events

1. 2026-04-13
   status Pending
2. 2026-04-02
   price $254,900
3. 2026-03-20
   listed $259,900 Active
4. 2014-08-04
   soldstatus
5. 2014-08-01
   soldstatus Sold 300-char remark

   Show marketing remark (300 chars)

   Newer Sendera Ranch home, open floorplan, new laminate in the living room, 2nd living upstairs. Split bedrooms, spacious kitchen, granite counters, refrigerator included. Huge fenced yard with covered patio, attached 2 car garage, near shops and schools. Community features pool, playground and park.

6. 2014-07-22
   status Pending 300-char remark

   Show marketing remark (300 chars)

   Newer Sendera Ranch home, open floorplan, new laminate in the living room, 2nd living upstairs. Split bedrooms, spacious kitchen, granite counters, refrigerator included. Huge fenced yard with covered patio, attached 2 car garage, near shops and schools. Community features pool, playground and park.

7. 2014-07-01
   status Pending 300-char remark

   Show marketing remark (300 chars)

   Newer Sendera Ranch home, open floorplan, new laminate in the living room, 2nd living upstairs. Split bedrooms, spacious kitchen, granite counters, refrigerator included. Huge fenced yard with covered patio, attached 2 car garage, near shops and schools. Community features pool, playground and park.

8. 2014-06-23
   historical Active Option Contract 300-char remark

   Show marketing remark (300 chars)

   Newer Sendera Ranch home, open floorplan, new laminate in the living room, 2nd living upstairs. Split bedrooms, spacious kitchen, granite counters, refrigerator included. Huge fenced yard with covered patio, attached 2 car garage, near shops and schools. Community features pool, playground and park.

9. 2014-06-15
   listed $137,500 Active 300-char remark

   Show marketing remark (300 chars)

   Newer Sendera Ranch home, open floorplan, new laminate in the living room, 2nd living upstairs. Split bedrooms, spacious kitchen, granite counters, refrigerator included. Huge fenced yard with covered patio, attached 2 car garage, near shops and schools. Community features pool, playground and park.

10. 2008-08-29
    soldstatus 437-char remark

    Show marketing remark (437 chars)

    Brand New D. R. Horton Home. Fantastic St. Louis Floor Plan. Includes Granite, C-Tile Backsplash and Wet Areas, Custom Raised Panel Cabinets, Covered Porch, Covered Patio, Split Bedroom Design, Large Utility Room, Rounded Sheetrock Corners, Crown Molding, Garage Door Opener with 2-Wireless Remotes, Security System, R-38 Attic Insulation and many Energy Efficiency Features. Get this beautiful and quality built home before it is gone!!

11. 2008-06-26
    historical 437-char remark

    Show marketing remark (437 chars)

    Brand New D. R. Horton Home. Fantastic St. Louis Floor Plan. Includes Granite, C-Tile Backsplash and Wet Areas, Custom Raised Panel Cabinets, Covered Porch, Covered Patio, Split Bedroom Design, Large Utility Room, Rounded Sheetrock Corners, Crown Molding, Garage Door Opener with 2-Wireless Remotes, Security System, R-38 Attic Insulation and many Energy Efficiency Features. Get this beautiful and quality built home before it is gone!!

12. 2008-02-19
    listed $147,095 437-char remark

    Show marketing remark (437 chars)

    Brand New D. R. Horton Home. Fantastic St. Louis Floor Plan. Includes Granite, C-Tile Backsplash and Wet Areas, Custom Raised Panel Cabinets, Covered Porch, Covered Patio, Split Bedroom Design, Large Utility Room, Rounded Sheetrock Corners, Crown Molding, Garage Door Opener with 2-Wireless Remotes, Security System, R-38 Attic Insulation and many Energy Efficiency Features. Get this beautiful and quality built home before it is gone!!

ⓘ 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: $5,277 · $440/mo
• Projected year-2 tax: $5,277 · $440/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 ≥109°F today · 23 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 24% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $28,639
• − Mortgage interest: −$14,278
• − Property taxes: −$5,277
• − Insurance: −$1,274
• − Repairs & maintenance: −$2,291
• − Management: −$2,291
• − HOA: −$480
• − Depreciation: −$7,415
• Taxable loss: −$4,669
• Est. tax savings @ 24.0%: +$1,120
• After-tax cash flow: $673/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

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

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: 15.6% rent · 84.4% own
• Severe rent burden: 358.0

Population outlook (Tarrant County) Hauer SSP2

• Today (2025): 2,380,417 people
• By 2030: 2,578,900 · +8.3%
• By 2040: 2,974,995 · +25.0%
• By 2050: 3,350,489 · +40.8%
• By 2075: 4,216,909 · +77.2%
• By 2100: 4,741,527 · +99.2%

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 · Tarrant

• 2024 margin: Lean R (+5.1) · D 46.7% · R 51.9% · Other 1.4%
• 2008→2024 swing: +6.6pp toward D · 2008: -11.7pp · 2024: -5.1pp
• All cycles: 2024: R+5.1 2020: D+0.2 2016: R+8.7 2012: R+15.7 2008: R+11.7

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
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

+73.3% since first listed

12 events — show timeline

• 2026-04-13 Pending — NTREIS
• 2026-04-02 Price Changed $254,900 NTREIS
• 2026-03-20 Listed $259,900 NTREIS
• 2014-08-04 Sold (Public Records) — Public Records
• 2014-08-01 Sold (MLS) — NTREIS
• 2014-07-22 Pending — NTREIS
• 2014-07-01 Pending — NTREIS
• 2014-06-23 Contingent — NTREIS
• 2014-06-15 Listed $137,500 NTREIS
• 2008-08-29 Sold (MLS) — NTREIS
• 2008-06-26 Listing Removed — NTREIS
• 2008-02-19 Listed $147,095 NTREIS

Property tax history

+2.7%/yr

Latest (2025): $5,277 · -11.3% YoY. Source: county tax records.