317 Fuller St · Sulphur Springs, TX 75482

$122,000

2 bd · 1.0 ba · 896 sqft · SingleFamily public records · 41 Days on market

Built 1940 9,888 sqft lot $136/sqft · 11% above area Est $110k · 11% over

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Why this score? — see what drove the C+ 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
• DSCR +10.0/10.0
• 1% rule +9.9/10.0
• Schools +3.6/10.0
• Livability +3.5/5.0
• ARV discount +2.6/15.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Very beautiful home near downtown Sulphur Springs, conveniently located near Interstate 30, with a newly built storage building.

Key facts

• 9,888 sq ft lot
• Garage
• Built 1940

Tags

• NEWLY BUILT STORAGE BUILDING
• NEAR DOWNTOWN SULPHUR SPRINGS

Property features AI

Finance

• Financial info: Accepting Cash and Conventional financing
• HOA & community: No association

Exterior

• Parking: Garage
• Utilities: City water; City sewer; Not in a municipal utility district
• Home design: Single-family residence; Attached property; One story; Built in 1940; Subdivision: Town Sulphur Springs
• Construction: Pillar/post/pier foundation
• Exterior features: Lot under 0.5 acre; Close to downtown

Interior

• Kitchen: No appliances included
• Bedrooms: 2 bedrooms (both on the main level)
• Bathrooms: 1 full bathroom
• Interior features: Eat-in kitchen; One living area; One dining area; 4 total rooms
• Laundry & utility: Electric dryer hookup

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $122k.

Deal economics

• At list price, monthly cash flow is $625 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $122k).
• Recommended offer: $118k (3.0% below list) — sets the bar for market timing.
• Cap rate 12.4% vs local median 4.3% in Sulphur Springs — 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 70/100 on livability (#350 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A; Watch: employment D+, schools D, amenities F.
• Sulphur Springs ISD (town): math 46% / reading 40% proficiency, ranked #323 of 826 in TX (top 39%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 378 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; 66 units permitted in Hopkins County in 2024 (0 in 5+ unit buildings).
• This rent runs 31% of the median local income ($70k/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 $843 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Hopkins County population projected at +6% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $34k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 41 days — a 3% lower offer ($118k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: built in 1940 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $118,340 (3.0% below list)

Questions for the listing agent

1. It's been on market 41 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1940 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.49% ✓
• Cap rate: 12.44%
• Cash-on-cash: 21.95%
• DSCR: 1.98
• GRM: 5.6

CMA / ARV

• ARV (median comp): $109,912
• List price: $122,000
• Delta: 11.00%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
130 Jackson St N	0.25mi	2/1.0	872 (-3%)	7mo	$137,900	$158	78
105 Ardis St	0.23mi	2/1.0	988 (+10%)	10mo	$65,000	$66	64
318 Beckham St W	0.31mi	2/1.0	970 (+8%)	10mo	$59,900	$62	64
207 Whitworth St	0.49mi	2/1.0	872 (-3%)	11mo	$125,000	$143	64
211 Weaver Dr	0.36mi	2/1.0	780 (-13%)	13mo	$132,000	$169	51
304 Jarbo St	0.65mi	2/1.0	930 (+4%)	19mo	$178,000	$191	48
312 Calvert St	0.37mi	3/2.0 (+1)	841 (-6%)	23mo	$169,000	$201	44
210 Locust St S	0.73mi	2/1.0	819 (-9%)	13mo	$144,900	$177	41
105 Foscue St	0.49mi	2/1.0	1,008 (+12%)	23mo	$66,000	$65	37

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: 14.6%
• Equity multiple: 1.59×
• Total profit: $20,041
• Equity at exit: $18,191

10-year hold

• IRR: 23.4%
• Equity multiple: 3.01×
• Total profit: $68,737
• Equity at exit: $10,548

Cash invested: $34,160 (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 75482

• Active inventory: 378
• Price-to-rent: 5.6×

Monthly cashflow live

• Estimated rent: $1,820 medium
• Mortgage (P&I): −$640
• Tax from tax record: −$122 /mo · $1,469/yr
• Insurance: −$51
• HOA: −$0
• Vacancy / Maint / Mgmt: −$382
• Net cashflow: $625

Break-even live

Break-even rent $1,029

Max offer price $122,000

Occupancy floor 61%

Sensitivity live

Price	-10% $694	-5% $659	+0% $625	+5% $590	+10% $556
Rent	-10% $481	-5% $553	+0% $625	+5% $697	+10% $769
Rate	-1.0pp $686	-0.5pp $656	base $625	+0.5pp $593	+1.0pp $561

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: $30,500
• Closing costs: $3,660
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
709 Fuller St Sulphur Springs, TX	3.0	2.0	1100	$2,200	$2.00	44d	1	0.41mi
325 League St S Sulphur Springs, TX	3.0	1.0	1112	$2,000	$1.80	44d	1	1.13mi
210 Duckworth St Sulphur Springs, TX	1.0–2.0	1.0	700	$1,000	$1.43	44d	2	1.41mi

Listing history 17 events

1. 2026-06-19
   days on market $122,000 Active 41 DOM
2. 2026-06-18
   days on market $122,000 Active 40 DOM
3. 2026-06-17
   days on market $122,000 Active 39 DOM
4. 2026-06-16
   days on market $122,000 Active 38 DOM
5. 2026-06-15
   days on market $122,000 Active 37 DOM
6. 2026-06-14
   days on market $122,000 Active 35 DOM
7. 2026-06-12
   days on market $122,000 Active 34 DOM
8. 2026-06-09
   days on market $122,000 Active 31 DOM
9. 2026-06-08
   days on market $122,000 Active 30 DOM
10. 2026-06-07
    days on market $122,000 Active 29 DOM
11. 2026-06-07
    days on market $122,000 Active 28 DOM
12. 2026-06-03
    days on market $122,000 Active 25 DOM
13. 2026-06-02
    days on market $122,000 Active 24 DOM
14. 2026-06-01
    days on market $122,000 Active 23 DOM
15. 2026-05-31
    days on market $122,000 Active 22 DOM
16. 2026-05-30
    days on market $122,000 Active 21 DOM
17. 2026-05-09
    listed $122,000 Active 128-char remark

ⓘ 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: $1,469 · $122/mo
• Projected year-2 tax: $2,233 · $186/mo
• Expected delta: +$763/yr (+$64/mo · 52.0%)

ⓘ 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 4/10 Moderate
• 🌡 Heat 7/10 Severe 7 d/yr ≥109°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 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,842
• − Mortgage interest: −$6,834
• − Property taxes: −$1,469
• − Insurance: −$610
• − Repairs & maintenance: −$1,747
• − Management: −$1,747
• − Depreciation: −$3,549
• Taxable income: $5,885
• Est. tax owed @ 24.0%: −$1,413
• After-tax cash flow: $6,086/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: Sulphur Springs ISD
• NCES district ID: 4841820
• Math proficiency: 46% ▼ -7.00%
• Reading proficiency: 40% ▼ -4.00%
• Median HH income: $42,871
• Composite: 36.33/100
• National rank: #4692
• State rank: #323 of 826 in TX

Livability — Sulphur Springs

• Score: 70/100
• State rank: #350
• US rank: #7665

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

• Census place: Sulphur Springs, TX
• County: Hopkins County · 26,483 people
• City population: 26,483
• Metro: Sulphur Springs, TX
• Population (ZIP): 26,483
• Household income: $69,970
• Rent vs Own: 33.5% rent · 66.5% own
• Severe rent burden: 543.0

Population outlook (Hopkins County) Hauer SSP2

• Today (2025): 38,107 people
• By 2030: 38,867 · +2.0%
• By 2040: 40,009 · +5.0%
• By 2050: 40,448 · +6.1%
• By 2075: 40,669 · +6.7%
• By 2100: 37,234 · -2.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (70%)
• Race & ethnicity: White 70% Hispanic / Latino 17% Black 9% Two or more races 7% Asian 1%
• Hispanic origin (detail): Mexican 15%
• Common ancestry: Slovak 2% Lithuanian 2% Iranian 1%
• Foreign-born: 9% · Canada, Vietnam
• Languages at home: 84% English-only · Spanish 14% Vietnamese 1%

Political lean MEDSL · Hopkins

• 2024 margin: Solid R (+64.6) · D 17.4% · R 82.0%
• 2008→2024 swing: -20.0pp toward R · 2008: -44.7pp · 2024: -64.6pp
• All cycles: 2024: R+64.6 2020: R+60.7 2016: R+60.8 2012: R+55.4 2008: R+44.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -125.79%
• Current HPI: 156.0526
• Rent YoY: —
• Metro: Sulphur Springs, 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

1 event — show timeline

• 2026-05-09 Listed $122,000 NTREIS

Property tax history

+11.8%/yr

Latest (2025): $1,469 · +3.0% YoY. Source: county tax records.