1892 Indigo NONE #15 · Heartland, TX
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 5/10 · Moderate
- Est. fire insurance / yr
- $1,222 – $2,270
Heat risk 7/10 · Major
- Hot days now (above 110°F)
- 7 days/yr
- Hot days in 30 yrs
- 24 days/yr
Wind risk 6/10 · Moderate
- Chance of severe wind over 30 yrs
- 27.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 1 days/yr
Risk factors via First Street. Map © Google.
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 +12.2/15.0
- Cash flow +9.6/30.0
- 1% rule +4.5/10.0
- Schools +4.0/10.0
- Condition / age +3.8/5.0
- DSCR +2.7/10.0
- Rent growth +2.5/5.0
- Livability +2.5/5.0
- Appreciation +0.0/10.0
$234,990
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
The Travis is a 2-story townhome floorplan with 2-3 beds, 2.5 baths, and a valuable 2-car garage. A large front porch creates a welcoming first impression, leading into an open floorplan where the family room flows seamlessly into the kitchenperfect for both relaxing and entertaining. Upstairs, the spacious primary bedroom provides a comfortable retreat with plenty of room to unwind. With its thoughtful layout and inviting design, this townhome balances style and functionality for easy everyday living.
Key facts
- Double vanity
- Greenbelt
- Open floorplan
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.5-bath condo listed at $235k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $-160 ($-2k/yr) — negative.
- To cash-flow at today's rent, offer at most $212k (9.9% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $222k (5.5% below list).
- Recommended offer: $212k (9.9% below list) — sets the bar for cash-flow.
Location & tenants
- Location reads: area grade D — affects rentability + tenant quality, not the cash-flow math above.
- Crandall ISD (rural): math 36% / reading 42% proficiency, ranked #351 of 826 in TX (top 42%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Zoned schools: Barbara Walker El (math 35% / reading 36%, grade F, #1,946 of 4,322 statewide, top 45%, 663 students, 67% FRL); Crandall Middle (math 38% / reading 42%, grade F, #646 of 1,662 statewide, top 40%, 983 students, 60% FRL); Crandall H S (math 33% / reading 53%, grade F, #713 of 1,632 statewide, top 44%, 1,707 students, 56% FRL) — zoned schools average 61% FRL vs 41% district-wide (20 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Market conditions: 956 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 41d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 72% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 1,747 units permitted in Kaufman County in 2024 (180 in 5+ unit buildings).
- This rent runs 30% of the median local income ($88k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
- Kaufman County population projected at +43% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 68 days — a 6% lower offer ($221k) is reasonable based on typical stale-listing flexibility.
- 3 sale attempts; this cycle's ask has dropped $35k (13%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- 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?
- It's been on market 68 days. Have you received any prior offers? Is the seller open to a 10% concession, seller financing, or rate buy-down credit?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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.
- 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.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 0.95% ✗
- Cap rate
- 5.47%
- Cash-on-cash
- -2.93%
- DSCR
- 0.87
- GRM
- 8.8
CMA / ARV
- ARV (median comp)
- $262,328
- List price
- $234,990
- Delta
- 2.92%
- Verdict
- FAIR
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 3411 Blue Granite Ln | 0.34mi | 3/2.0 | 1,480 (+1%) | 2mo | $245,000 | $166 | 79 |
| 1896 Indigo Ln #15 | 0.01mi | 3/2.5 | 1,711 (+17%) | 1mo | $259,990 | $152 | 73 |
| 3011 Rosemount Ln | 0.38mi | 3/2.0 | 1,381 (-6%) | 1mo | $250,000 | $181 | 70 |
| 2992 Cedeno Dr | 0.46mi | 3/2.0 | 1,577 (+8%) | 1mo | $250,000 | $159 | 63 |
| 2530 Smoke Passage St | 1.35mi | 3/2.0 | 1,474 (+0%) | 2mo | $209,549 | $142 | 61 |
| 4022 Shawnee Trl | 0.72mi | 4/2.0 (+1) | 1,505 (+3%) | 1mo | $215,250 | $143 | 54 |
| 3902 Spencer Ln | 0.89mi | 3/2.0 | 1,540 (+5%) | 1mo | $255,000 | $166 | 54 |
| 2128 Danibelle Dr | 0.46mi | 4/2.0 (+1) | 1,824 (+24%) | 1mo | $274,900 | $151 | 46 |
| 4014 Red Rock Dr | 0.69mi | 3/2.0 | 1,826 (+24%) | 1mo | $234,900 | $129 | 40 |
| 3721 Star Mesa St #16 | 0.82mi | 3/2.5 | 1,775 (+21%) | 0mo | $227,990 | $128 | 40 |
| 2226 Starstruck Ct | 1.00mi | 3/2.0 | 1,801 (+23%) | 2mo | $278,999 | $155 | 36 |
| 4021 Heavenly Way | 0.90mi | 4/2.0 (+1) | 1,647 (+12%) | 2mo | $239,999 | $146 | 36 |
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 · 3.0% rent growth · sell at horizon
- IRR
- -21.1%
- Equity multiple
- 0.27×
- Total profit
- $-48,084
- Equity at exit
- $35,038
- IRR
- -14.2%
- Equity multiple
- 0.18×
- Total profit
- $-54,166
- Equity at exit
- $20,318
Cash invested: $65,797 (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
ZIP-level market 75114
- Home prices YoY
- -26.7%
- Active inventory
- 956
- Price-to-rent
- 8.8×
Monthly cashflow live
- Estimated rent
- $2,221 high interval (Pro) →
- Mortgage (P&I)
- −$1,232
- Tax est. 1.5%
- −$294 /mo · $3,525/yr
- Insurance
- −$98
- HOA
- −$291
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$466
- Net cashflow
- $-160
Break-even live
Sensitivity live
| Price | -10% $2 | -5% $-79 | +0% $-160 | +5% $-242 | +10% $-323 |
|---|---|---|---|---|---|
| Rent | -10% $-336 | -5% $-248 | +0% $-160 | +5% $-73 | +10% $15 |
| Rate | -1.0pp $-42 | -0.5pp $-101 | base $-160 | +0.5pp $-221 | +1.0pp $-283 |
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
- $58,748
- Closing costs
- $7,050
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 3941 Hometown Blvd Unit 3941 Crandall, TX | 3.0 | 2.5 | 1736 | $2,400 | $1.38 | 93d | 1 | 0.06mi |
| 3140 Blacksmith Ln Forney, TX | 4.0 | 2.0 | 1790 | $2,300 | $1.28 | 32d | 1 | 0.15mi |
| 3903 Pioneer Dr Forney, TX | 4.0 | 2.0 | 1754 | $2,350 | $1.34 | 36d | 1 | 0.17mi |
| 1955 Quartz Trl Forney, TX | 3.0 | 2.0 | 1717 | $2,000 | $1.16 | 4d | 1 | 0.25mi |
| 3101 Buckthorn St Forney, TX | 3.0 | 2.0 | 1437 | $2,150 | $1.50 | 38d | 1 | 0.30mi |
| 3011 Winecup Ct Forney, TX | 3.0 | 2.0 | 1506 | $2,000 | $1.33 | 1d | 1 | 0.40mi |
| 2919 Cascade Ln Forney, TX | 3.0 | 2.0 | 1481 | $2,200 | $1.49 | 93d | 1 | 0.46mi |
| 3221 Sioux Trl Crandall, TX | 4.0 | 2.0 | 1672 | $2,450 | $1.47 | 28d | 1 | 0.54mi |
| 2006 Times Rd Heartland, TX | 3.0 | 2.0 | 1835 | $1,999 | $1.09 | 7d | 1 | 0.57mi |
| 4032 Eagle Dr Forney, TX | 3.0 | 2.0 | 1456 | $1,775 | $1.22 | 53d | 1 | 0.57mi |
| 4009 Freedom St Heartland, TX | 3.0 | 2.0 | 1419 | $1,800 | $1.27 | 93d | 1 | 0.59mi |
| 2016 Kings Forest Dr Heartland, TX | 3.0 | 2.0 | 1835 | $1,925 | $1.05 | 38d | 1 | 0.65mi |
| 4001 Fairmont Ln Forney, TX | 4.0 | 2.0 | 1545 | $2,000 | $1.29 | 93d | 1 | 0.66mi |
| 2026 Kingsbridge Dr Heartland, TX | 3.0 | 2.0 | 1571 | $3,200 | $2.04 | 23d | 1 | 0.67mi |
| 4021 Shawnee Trl Heartland, TX | 4.0 | 2.0 | 1433 | $1,895 | $1.32 | 38d | 1 | 0.68mi |
| 4002 Bighorn Dr Forney, TX | 3.0 | 2.0 | 1365 | $2,120 | $1.55 | 51d | 1 | 0.69mi |
| 3909 Chesapeake Ln Forney, TX | 3.0 | 2.0 | 1750 | $2,300 | $1.31 | 12d | 1 | 0.72mi |
| 2826 Hudson Dr Crandall, TX | 3.0 | 2.0 | 1639 | $2,350 | $1.43 | 41d | 1 | 0.75mi |
| 3028 Willow Wood Ct Crandall, TX | 3.0 | 2.5 | 1764 | $2,600 | $1.47 | 93d | 1 | 0.75mi |
| 2911 S Griffin Ln Forney, TX | 3.0 | 2.0 | 1281 | $2,450 | $1.91 | 12d | 1 | 0.75mi |
| 2015 Angel Way Heartland, TX | 3.0 | 2.0 | 1408 | $1,671 | $1.19 | 71d | 1 | 0.76mi |
| 2056 Old Glory Ln Heartland, TX | 3.0 | 2.0 | 1770 | $1,925 | $1.09 | 7d | 1 | 0.79mi |
| 3120 Providence Pl Crandall, TX | 3.0 | 2.5 | 1746 | $2,200 | $1.26 | 23d | 1 | 0.85mi |
| 2040 Shawnee Trl Heartland, TX | 4.0 | 2.0 | 1836 | $2,000 | $1.09 | 64d | 1 | 0.86mi |
| 2038 Allyson Dr Heartland, TX | 3.0 | 2.0 | 1496 | $1,900 | $1.27 | 93d | 1 | 0.91mi |
| 2746 Bronte Blvd Crandall, TX | 4.0 | 2.0 | 1707 | $1,825 | $1.07 | 73d | 1 | 0.97mi |
| 2745 Bronte Blvd Crandall, TX | 4.0 | 2.0 | 1667 | $1,845 | $1.11 | 73d | 1 | 0.97mi |
| 2409 Fleming Dr Crandall, TX | 4.0 | 2.0 | 1667 | $1,845 | $1.11 | 73d | 1 | 0.97mi |
| 2521 Flight Trl Crandall, TX | 4.0 | 2.0 | 1707 | $1,825 | $1.07 | 73d | 1 | 0.99mi |
| 2739 Bronte Blvd Crandall, TX | 4.0 | 2.0 | 1707 | $1,825 | $1.07 | 73d | 1 | 0.99mi |
| 2513 Flight Trl Crandall, TX | 4.0 | 2.0 | 1707 | $1,825 | $1.07 | 73d | 1 | 1.03mi |
| 2510 Flight Trl Crandall, TX | 4.0 | 2.0 | 1667 | $1,845 | $1.11 | 73d | 1 | 1.04mi |
| 2023 Sterling Gate Dr Heartland, TX | 3.0 | 2.0 | 1740 | $2,250 | $1.29 | 0d | 1 | 1.05mi |
| 1275 Eclipse Ln Crandall, TX | 3.0 | 2.0 | 1290 | $1,750 | $1.36 | 38d | 1 | 1.06mi |
| 2624 Bartlett St Crandall, TX | 4.0 | 2.0 | 1707 | $1,825 | $1.07 | 73d | 1 | 1.06mi |
| 1264 Eclipse Ln Crandall, TX | 3.0 | 2.0 | 1474 | $1,950 | $1.32 | 23d | 1 | 1.10mi |
| 2035 Karsen Ln Heartland, TX | 4.0 | 2.0 | 1587 | $2,125 | $1.34 | 38d | 1 | 1.12mi |
| 1734 Courage Crk Crandall, TX | 3.0 | 2.0 | 1636 | $2,095 | $1.28 | 30d | 1 | 1.15mi |
| 1734 Courage Crk Crandall, TX | 3.0 | 2.0 | 1636 | $2,095 | $1.28 | 36d | 1 | 1.15mi |
| 1799 Courage Crk Crandall, TX | 3.0 | 2.0 | 1260 | $1,800 | $1.43 | 93d | 1 | 1.19mi |
Property features AI
Finance
- Other
- Property type: Residential townhousePlanned development: HeartlandDirections availableBuilder listing condition
- HOA & community
- Mandatory HOA (Heartland Community Association)HOA fee $291 monthlyHOA covers full use of facilities, grounds maintenance, and management feesCommunity amenities: club house, community pool, fitness center, playground, park, greenbelt, jogging/bike paths, sidewalks, community sprinkler, fishing
Exterior
- Parking
- Attached 2-car garage with rear-facing garage and single 2-car door2 covered parking spaces
- Security
- Fire sprinkler systemFirewall(s)Smoke detector(s)
- Utilities
- City waterCity sewerMunicipal utility districtCommunity mailbox
- Home design
- TownhouseTwo levelsNew construction (completed 2025)Smart home features
- Construction
- Brick and fiber cement exteriorComposition roofSlab foundationYear built 2025
- Exterior features
- Covered porchAdjacent to greenbeltSubdivision lot (townhome lot)
Interior
- Kitchen
- Gas rangeMicrowaveDishwasherDisposalWalk-in pantryBreakfast room
- Bedrooms
- 3 bedrooms (primary bedroom on upper level with walk-in closet and linen closet)
- Flooring
- CarpetLuxury vinyl plank
- Bathrooms
- 2 full bathrooms1 half bathroom
- Heating & cooling
- Central heating (electric)Central airCeiling fan(s)
- Interior features
- Open floorplanPantryDouble vanityWalk-in closet(s)Cable TV availableHigh speed internet available
- Laundry & utility
- Utility roomFull-size washer/dryer area
HOA detail $291/mo · $3,492/yr condo
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 50 events
-
2026-08-08days on market $234,990 Active 68 DOM
-
2026-08-06days on market $234,990 Active 66 DOM
-
2026-08-05days on market $234,990 Active 65 DOM
-
2026-08-04days on market $234,990 Active 64 DOM
-
2026-08-03days on market $234,990 Active 63 DOM
-
2026-07-31days on market $234,990 Active 60 DOM
-
2026-07-30days on market $234,990 Active 59 DOM
-
2026-07-30days on market $234,990 Active 58 DOM
-
2026-07-28days on market $234,990 Active 57 DOM
-
2026-07-26pricedays on market $234,990 Active 55 DOM
-
2026-07-24days on market $239,990 Active 53 DOM
-
2026-07-24remarks 699-char remark
-
2026-07-23days on market $239,990 Active 52 DOM
-
2026-07-22days on market $239,990 Active 51 DOM
-
2026-07-21days on market $239,990 Active 50 DOM
-
2026-07-20days on market $239,990 Active 49 DOM
-
2026-07-18days on market $239,990 Active 47 DOM
-
2026-07-18days on market $239,990 Active 46 DOM
-
2026-07-16days on market $239,990 Active 45 DOM
-
2026-07-15days on market $239,990 Active 44 DOM
-
2026-07-14days on market $239,990 Active 43 DOM
-
2026-07-13days on market $239,990 Active 42 DOM
Show marketing remark (507 chars)
The Travis is a 2-story townhome floorplan with 2-3 beds, 2.5 baths, and a valuable 2-car garage. A large front porch creates a welcoming first impression, leading into an open floorplan where the family room flows seamlessly into the kitchenperfect for both relaxing and entertaining. Upstairs, the spacious primary bedroom provides a comfortable retreat with plenty of room to unwind. With its thoughtful layout and inviting design, this townhome balances style and functionality for easy everyday living.
-
2026-07-13days on market $239,990 Active 41 DOM
Show marketing remark (507 chars)
The Travis is a 2-story townhome floorplan with 2-3 beds, 2.5 baths, and a valuable 2-car garage. A large front porch creates a welcoming first impression, leading into an open floorplan where the family room flows seamlessly into the kitchenperfect for both relaxing and entertaining. Upstairs, the spacious primary bedroom provides a comfortable retreat with plenty of room to unwind. With its thoughtful layout and inviting design, this townhome balances style and functionality for easy everyday living.
-
2026-07-11days on market $239,990 Active 40 DOM
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2026-07-10days on market $239,990 Active 39 DOM
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2026-07-09days on market $239,990 Active 38 DOM
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2026-07-07days on market $239,990 Active 36 DOM
Show marketing remark (507 chars)
The Travis is a 2-story townhome floorplan with 2-3 beds, 2.5 baths, and a valuable 2-car garage. A large front porch creates a welcoming first impression, leading into an open floorplan where the family room flows seamlessly into the kitchenperfect for both relaxing and entertaining. Upstairs, the spacious primary bedroom provides a comfortable retreat with plenty of room to unwind. With its thoughtful layout and inviting design, this townhome balances style and functionality for easy everyday living.
-
2026-07-06days on market $239,990 Active 35 DOM
-
2026-07-06days on market $239,990 Active 34 DOM
-
2026-07-05days on market $239,990 Active 33 DOM
-
2026-07-03days on market $239,990 Active 32 DOM
-
2026-07-02days on market $239,990 Active 31 DOM
-
2026-07-01days on market $239,990 Active 30 DOM
-
2026-06-30days on market $239,990 Active 29 DOM
-
2026-06-29days on market $239,990 Active 28 DOM
-
2026-06-28days on market $239,990 Active 27 DOM
-
2026-06-27days on market $239,990 Active 26 DOM
-
2026-06-26days on market $239,990 Active 25 DOM
-
2026-06-24days on market $239,990 Active 23 DOM
-
2026-06-22days on market $239,990 Active 21 DOM
-
2026-06-21days on market $239,990 Active 20 DOM
-
2026-06-18days on market $239,990 Active 17 DOM
-
2026-06-17days on market $239,990 Active 16 DOM
-
2026-06-16days on market $239,990 Active 15 DOM
-
2026-06-15days on market $239,990 Active 14 DOM
-
2026-06-13pricedays on market $239,990 Active 12 DOM
Show marketing remark (507 chars)
The Travis is a 2-story townhome floorplan with 2-3 beds, 2.5 baths, and a valuable 2-car garage. A large front porch creates a welcoming first impression, leading into an open floorplan where the family room flows seamlessly into the kitchenperfect for both relaxing and entertaining. Upstairs, the spacious primary bedroom provides a comfortable retreat with plenty of room to unwind. With its thoughtful layout and inviting design, this townhome balances style and functionality for easy everyday living.
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2026-06-09days on market $269,990 Active 8 DOM
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2026-06-08days on market $269,990 Active 7 DOM
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2026-06-07days on market $269,990 Active 6 DOM
-
2026-06-04days on market $269,990 Active 3 DOM
ⓘ 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 · 24 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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $26,651
- − Mortgage interest
- −$13,163
- − Property taxes
- −$3,525
- − Insurance
- −$1,175
- − Repairs & maintenance
- −$2,132
- − Management
- −$2,132
- − HOA
- −$3,492
- − Depreciation
- −$6,836
- Taxable loss
- −$5,804
- Est. tax savings @ 24.0%
- +$1,393
- After-tax cash flow
- $-532/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 · 1 photo
This 2-story townhome is in good condition with a good layout and inviting design, making it a solid investment opportunity.
Value-add opportunities
- Both Painting — Fresh paint can enhance curb appeal and interior aesthetics ↑
- Both Lighting — Upgrading lighting fixtures can improve ambiance and energy efficiency ↑
- Both Window treatments — New window treatments can enhance privacy and energy efficiency ↑
- Both Flooring — Replacing worn-out flooring can improve the home's overall appearance and value ↑
- Both Kitchen appliances — Upgrading appliances can make the kitchen more functional and appealing ↑
ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
Zoned Schools
Schools (NCES district)
- District
- Crandall ISD
- NCES district ID
- 4815510
- Math proficiency
- 36% ▼ -13.00%
- Reading proficiency
- 42% ▼ -8.00%
- Median HH income
- $70,076
- Composite
- 35.57/100
- National rank
- #4901
- State rank
- #351 of 826 in TX
Livability — Heartland
No livability data for this city. (Only ~50 U.S. cities are tracked.)
Census & demographics
- Census place
- Heartland, TX
- County
- Kaufman County · 138,716 people
- Metro
- Dallas-Fort Worth-Arlington, TX
- Population (ZIP)
- 9,333
- Household income
- $88,013
- Rent vs Own
- Severe rent burden
- 5% of renters
Population outlook (Kaufman County) Hauer SSP2
- Today (2025)
- 138,716 people
- By 2030
- 150,815 · +8.7%
- By 2040
- 174,877 · +26.1%
- By 2050
- 198,020 · +42.8%
- By 2075
- 251,908 · +81.6%
- By 2100
- 285,325 · +105.7%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.62)
- Race & ethnicity
- White 48% Hispanic / Latino 36% Two or more races 14% Black 14%
- Hispanic origin (detail)
- Mexican 34%
- Common ancestry
- Slovak 1%
- Foreign-born
- 18% · Canada, China
- Languages at home
- 71% English-only · Spanish 27% Other Indo-European 1%
Political lean MEDSL · Kaufman
- 2024 margin
- Strong R (+27.9) · D 35.6% · R 63.5%
- 2008→2024 swing
- +7.9pp toward D · 2008: -35.8pp · 2024: -27.9pp
- All cycles
- 2024: R+27.9 2020: R+33.9 2016: R+47.0 2012: R+44.4 2008: R+35.8
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -71.61%
- Current HPI
- 196.4773
- Rent YoY
- —
- 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 |
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| Technology | 5 | $198B |
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| Engineering / Construction | 4 | $72B |
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| Energy Services | 3 | $60B |
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| Utilities | 3 | $41B |
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| Healthcare | 2 | $330B |
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Price history
-11.1% since first listed6 events — show timeline
- 2026-07-13 Relisted — Zillow
- 2026-07-07 Delisted — Zillow
- 2026-06-13 Price Changed $239,990 Zillow
- 2026-06-13 Price Changed $239,990 NTREIS
- 2026-06-01 Listed $269,990 NTREIS
- 2026-04-16 Listed $269,990 Zillow
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…