318 Milligan Dr · Pittsburg, TX 75686

$139,999

4 bd · 2.0 ba · 2,002 sqft · SingleFamily public records · 100 Days on market

Built 1956 Fair condition $70/sqft · 35% below area Est $215k · 35% under ↓ 44% since listing

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Why this score? — see what drove the B+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Schools +4.6/10.0
• Livability +3.8/5.0
• Rent growth +2.5/5.0
• Condition / age +2.2/5.0
• Appreciation +0.0/10.0

Listing remarks

This versatile property is currently a 4-bedroom, 2-bath home but was originally designed as a duplex, featuring two separate 2-bedroom, 1-bath units. Each side still maintains its own kitchen, bathroom, and private exterior entrance, making it easy to convert back if desired. Whether you’re looking for a spacious home for a large family or a great investment opportunity, this property offers endless possibilities. Live in one side and rent out the other, or maximize income by restoring it to a full duplex—this one is full of potential!

Key facts

• Built 1956
• Listed 99 days

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $140k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $861 ($10k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $140k).
• Recommended offer: $127k (9.0% below list) — sets the bar for market timing.
• Cap rate 13.7% vs local median 3.6% in Pittsburg — 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 75/100 on livability (#144 in TX, #4,098 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A; Watch: crime C-, amenities D+, employment D+.
• Pittsburg ISD (town): math 54% / reading 44% proficiency, ranked #216 of 826 in TX (top 26%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 68% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Pittsburg El (math 34% / reading 35%, grade F, #1,995 of 4,322 statewide, top 50%, 545 students, 80% FRL); Pittsburg J H (math 48% / reading 43%, grade D+, #470 of 1,662 statewide, top 29%, 349 students, 82% FRL); Pittsburg H S (math 62% / reading 52%, grade C, #333 of 1,632 statewide, top 22%, 726 students, 78% FRL).
• Market conditions: 373 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 3 units permitted in Camp County in 2024 (0 in 5+ unit buildings).
• At $2,300/mo this rent would consume 49% of the median local household income ($56k/yr) (locally 20% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $968 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Camp County population projected at +13% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $39k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 100 days — a 9% lower offer ($127k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 3y 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

• Watch-outs: built in 1956 — expect roof / HVAC / electrical / plumbing capex.
• 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.

Recommended offer $127,399 (9.0% below list)

Questions for the listing agent

1. It's been on market 100 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
3. Built in 1956 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
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: 1.64% ✓
• Cap rate: 13.67%
• Cash-on-cash: 26.35%
• DSCR: 2.17
• GRM: 5.1

CMA / ARV

• ARV (median comp): $215,479
• List price: $139,999
• Delta: -35.03%
• Verdict: UNDERPRICED
• Comps: 15 within 1.0 mi

Show comp detail 7 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
504 Quitman St	1.05mi	4/3.0	2,024 (+1%)	1mo	$230,000	$114	58
608 Lafayette	0.29mi	3/2.0 (-1)	1,844 (-8%)	17mo	$100,000	$54	54
210 Lenox	0.45mi	3/2.5 (-1)	1,641 (-18%)	13mo	$189,000	$115	36
421 Mt Pleasant St	0.94mi	3/2.0 (-1)	2,305 (+15%)	2mo	$299,000	$130	33
460 County Road #1309	0.58mi	4/2.5	2,396 (+20%)	16mo	$440,000	$184	32
117 Mockingbird Ln	0.54mi	3/4.0 (-1)	2,200 (+10%)	17mo	$419,000	$190	32
402 Cypress St	0.90mi	3/2.0 (-1)	1,688 (-16%)	7mo	$62,500	$37	29

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

5-year hold

• IRR: 20.1%
• Equity multiple: 1.82×
• Total profit: $32,168
• Equity at exit: $20,874

10-year hold

• IRR: 28.4%
• Equity multiple: 3.52×
• Total profit: $98,721
• Equity at exit: $12,105

Cash invested: $39,200 (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 →

Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 13 active · 4 under contract
• Months of supply: 78.0 mo (1%/mo absorbed)
• Median asking: $269,000 ($138/sqft)
• Median days on market: 115 d
• This list price: lowest-priced of the active set
• ARV vs active asking: -22.1% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 75686

• Home prices YoY: -21.6%
• Active inventory: 373
• Price-to-rent: 5.1×

Monthly cashflow live

• Estimated rent: $2,300 medium
• Mortgage (P&I): −$734
• Tax from tax record: −$164 /mo · $1,964/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$483
• Net cashflow: $861

Break-even live

Break-even rent $1,210

Max offer price $139,999

Occupancy floor 58%

Sensitivity live

Price	-10% $940	-5% $900	+0% $861	+5% $821	+10% $782
Rent	-10% $679	-5% $770	+0% $861	+5% $952	+10% $1,043
Rate	-1.0pp $931	-0.5pp $896	base $861	+0.5pp $825	+1.0pp $788

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: $35,000
• Closing costs: $4,200
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
421 Mount Pleasant St Pittsburg, TX	3.0	2.0	2305	$2,300	$1.00	62d	1	0.95mi

Property features AI

Exterior

• Parking: Concrete parking
• Security: Smoke detector(s)
• Utilities: Public waterPublic sewer
• Home design: Single family detached residenceSingle-story
• Exterior features: PorchChain link fencingComposition roof

Interior

• Kitchen: Electric ovenElectric range
• Flooring: Carpet
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (natural gas)Central air conditioning
• Interior features: Electric oven and electric rangeCeiling fansSmoke detectors

Listing history 50 events

1. 2026-08-08
   days on market $139,999 Active 100 DOM
2. 2026-08-07
   days on market $139,999 Active 99 DOM
3. 2026-08-06
   days on market $139,999 Active 98 DOM
4. 2026-08-05
   days on market $139,999 Active 97 DOM
5. 2026-08-04
   days on market $139,999 Active 96 DOM
6. 2026-08-03
   days on market $139,999 Active 95 DOM
7. 2026-07-31
   days on market $139,999 Active 92 DOM
8. 2026-07-30
   days on market $139,999 Active 91 DOM
9. 2026-07-29
   days on market $139,999 Active 90 DOM
10. 2026-07-27
    days on market $139,999 Active 88 DOM
11. 2026-07-25
    days on market $139,999 Active 86 DOM
12. 2026-07-24
    days on market $139,999 Active 85 DOM
13. 2026-07-23
    days on market $139,999 Active 84 DOM
14. 2026-07-22
    days on market $139,999 Active 83 DOM
15. 2026-07-21
    days on market $139,999 Active 82 DOM
16. 2026-07-18
    days on market $139,999 Active 79 DOM
17. 2026-07-16
    days on market $139,999 Active 77 DOM
18. 2026-07-15
    days on market $139,999 Active 76 DOM
19. 2026-07-14
    days on market $139,999 Active 75 DOM
20. 2026-07-13
    days on market $139,999 Active 74 DOM
21. 2026-07-12
    days on market $139,999 Active 73 DOM
22. 2026-07-11
    days on market $139,999 Active 72 DOM
23. 2026-07-11
    days on market $139,999 Active 71 DOM
24. 2026-07-09
    days on market $139,999 Active 70 DOM
25. 2026-07-08
    days on market $139,999 Active 69 DOM
26. 2026-07-07
    days on market $139,999 Active 68 DOM
27. 2026-07-06
    days on market $139,999 Active 67 DOM
28. 2026-07-05
    days on market $139,999 Active 66 DOM
29. 2026-07-04
    days on market $139,999 Active 65 DOM
30. 2026-07-03
    days on market $139,999 Active 64 DOM
31. 2026-07-02
    days on market $139,999 Active 63 DOM
32. 2026-07-01
    days on market $139,999 Active 62 DOM
33. 2026-06-30
    days on market $139,999 Active 61 DOM
34. 2026-06-29
    days on market $139,999 Active 60 DOM
35. 2026-06-28
    days on market $139,999 Active 59 DOM
36. 2026-06-27
    days on market $139,999 Active 58 DOM
37. 2026-06-26
    days on market $139,999 Active 56 DOM
38. 2026-06-22
    days on market $139,999 Active 53 DOM
39. 2026-06-21
    days on market $139,999 Active 52 DOM
40. 2026-06-19
    days on market $139,999 Active 50 DOM
41. 2026-06-18
    days on market $139,999 Active 49 DOM
42. 2026-06-17
    days on market $139,999 Active 48 DOM
43. 2026-06-16
    days on market $139,999 Active 47 DOM
44. 2026-06-15
    days on market $139,999 Active 46 DOM
45. 2026-06-14
    days on market $139,999 Active 44 DOM
46. 2026-06-12
    days on market $139,999 Active 43 DOM
47. 2026-06-09
    days on market $139,999 Active 40 DOM
48. 2026-06-08
    days on market $139,999 Active 39 DOM
49. 2026-06-07
    days on market $139,999 Active 38 DOM
50. 2026-06-05
    days on market $139,999 Active 36 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: $1,964 · $164/mo
• Projected year-2 tax: $2,562 · $213/mo
• Expected delta: +$598/yr (+$50/mo · 30.4%)

ⓘ 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 · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 7/10 Severe 7 d/yr ≥111°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

Taxation est. · year 1

• Rental income: $27,600
• − Mortgage interest: −$7,842
• − Property taxes: −$1,964
• − Insurance: −$700
• − Repairs & maintenance: −$2,208
• − Management: −$2,208
• − Depreciation: −$4,073
• Taxable income: $8,605
• Est. tax owed @ 24.0%: −$2,065
• After-tax cash flow: $8,265/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 · 9 photos

Fair 45/100 Moderate rehab Est. rehab $50,050–$90,090 screening

This home, originally designed as a duplex, offers significant potential for renovation and rental income. It requires moderate repairs and updates to improve its condition and value.

Components & finishes AI

Roof asphalt shingle · good Flooring carpet Counters laminate

Deferred maintenance Est. $2,500–$10,000 screening

• Minor Roof (roof) — No visible signs of damage or wear
• Minor Windows (windows) — No visible signs of damage or wear
• Minor Electrical (electrical) — No visible signs of damage or wear
• Minor Plumbing (plumbing) — No visible signs of damage or wear
• Minor Exterior (exterior) — No visible signs of damage or wear

Repairs flagged

• Minor kitchen cabinets — slight wear
• Minor bathroom fixtures — dated and worn
• Moderate exterior siding — some discoloration
• Minor interior walls — faded paint

Value-add opportunities

• Both paint exterior — enhances curb appeal and resale value ↑
• Both replace carpet — improves comfort and appearance ↑
• Both update kitchen cabinets — modernizes space and increases value ↑
• Both update bathroom fixtures — enhances functionality and resale value ↑

ⓘ Rehab cost is a screening estimate — Moderate 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.

F Composite school gradezoned avg 46/100

Zoned Schools

Elementary Pittsburg El F TX #1,995/4,322 Nat'l #23,081/41,679 Middle Pittsburg J H D+ TX #470/1,662 Nat'l #4,522/14,009 High Pittsburg H S C TX #333/1,632 Nat'l #4,077/17,239

Schools (NCES district)

• District: Pittsburg ISD
• NCES district ID: 4835010
• Math proficiency: 54% ▼ -16.00%
• Reading proficiency: 44% ▼ -16.00%
• Median HH income: $38,136
• Composite: 40.87/100
• National rank: #3627
• State rank: #216 of 826 in TX

B Composite livability gradescore 75/100

Livability — Pittsburg

• Score: 75/100
• State rank: #144
• US rank: #4098

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Pittsburg, TX
• County: Camp · 13,403 people
• Population (ZIP): 13,427
• Household income: $56,112
• Rent vs Own: 23.3% rent · 76.7% own
• Severe rent burden: 20% of renters

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Population outlook (Camp County) Hauer SSP2

• Today (2025): 13,403 people
• By 2030: 13,741 · +2.5%
• By 2040: 14,436 · +7.7%
• By 2050: 15,135 · +12.9%
• By 2075: 16,836 · +25.6%
• By 2100: 17,582 · +31.2%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.63)
• Race & ethnicity: White 52% Hispanic / Latino 28% Two or more races 16% Black 14% Asian 1%
• Hispanic origin (detail): Mexican 25%
• Common ancestry: Slovak 1% Scottish 1% Serbian 1%
• Foreign-born: 11% · Canada, Vietnam, Dominican Republic
• Languages at home: 79% English-only · Spanish 20% Vietnamese 1%

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Political lean MEDSL · Camp

• 2024 margin: Solid R (+53.6) · D 22.9% · R 76.5%
• 2008→2024 swing: -30.3pp toward R · 2008: -23.3pp · 2024: -53.6pp
• All cycles: 2024: R+53.6 2020: R+44.1 2016: R+42.7 2012: R+33.5 2008: R+23.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -50.12%
• Current HPI: 181.5522
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 3.95%
• F500 in state: 110

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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

Property features AI

Exterior

• Parking: Concrete parking
• Security: Smoke detector(s)
• Utilities: Public waterPublic sewer
• Home design: Single family detached residenceSingle-story
• Exterior features: PorchChain link fencingComposition roof

Interior

• Kitchen: Electric ovenElectric range
• Flooring: Carpet
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (natural gas)Central air conditioning
• Interior features: Electric oven and electric rangeCeiling fansSmoke detectors

Price history

-44.0% since first listed

12 events — show timeline

• 2026-04-30 Listed $139,999 GTAR
• 2026-03-23 Listing Removed — NTREIS
• 2026-03-17 Price Changed $138,000 NTREIS
• 2026-03-09 Listed $140,000 NTREIS
• 2024-10-23 Listing Removed — NTREIS
• 2024-10-23 Listing Removed — NTREIS
• 2024-02-16 Listed $199,900 NTREIS
• 2024-01-31 Listed $199,900 NTREIS
• 2024-01-24 Listing Removed — NTREIS
• 2023-12-05 Price Changed $199,900 NTREIS
• 2023-10-21 Listed $250,000 NTREIS
• 2007-06-15 Sold (Public Records) — Public Records

Property tax history

+2.2%/yr

Latest (2025): $1,964 · +10.1% YoY. Source: county tax records.