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115 Duggan Ave
B+ Composite 75.16
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
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Appreciation +8.0/10.0
  • ARV discount +7.5/15.0
  • Livability +3.2/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Schools +1.5/10.0

$69,000

115 Duggan Ave · Anton, TX 79313
3 bd · 2.0 ba · 1,382 sqft · SingleFamily public records · 43 Days on market
0.33 ac lot

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks

Located in the quiet small town of Anton, perfectly situated between Littlefield and Shallowater, this charming 3 -bedroom, 1-bath home offers 1,382 square feet of comfortable, single-level living. Sitting on a spacious 0.33-acre lot, the property features plenty of room to enjoy outdoor living and wide-open space. With no HOA and a peaceful setting, it's a great opportunity for both homeowners and investors alike.

Key facts

  • Spacious lot
  • Peaceful setting
  • No hoa

Tags

SPACIOUS LOTOUTDOOR LIVINGNO HOAPEACEFUL SETTING

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath single-family listed at $69k.

Deal economics

  • At list price, monthly cash flow is $357 ($4k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $69k).
  • Recommended offer: $67k (3.0% below list) — sets the bar for market timing.

Location & tenants

  • Location reads 63/100 on livability (#877 in TX) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: health & safety C-, schools F, amenities F.
  • Anton ISD (rural): math 6% / reading 20% proficiency, ranked #1,121 of 1,141 in TX (top 98%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 62% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: 12 active listings in the ZIP; 7 units permitted in Hockley County in 2024 (0 in 5+ unit buildings).

Forward outlook

  • In year one you build about $5k of equity ($477 loan paydown + $4k appreciation (6.1% local appreciation)).
  • Hockley County population projected at +21% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (6.1% appreciation + 3.0% rent growth), your $19k cash investment doubles in ~3 years — after that, you're playing with house money.
  • By year 7, paydown + projected appreciation supports a ~$31k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • It's been on market 43 days — a 3% lower offer ($67k) is reasonable based on typical stale-listing flexibility.
  • 6 sale attempts since 5y ago; this cycle's ask is 7400% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

Risks & watch-outs

  • Watch-outs: property tax is 3.9% of price.
  • Climate carrying-cost: extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $66,930 (3.0% below list)

Questions for the listing agent

  1. It's been on market 43 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
  2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. Schools are F-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
1.78%
Cap rate
12.51%
Cash-on-cash
22.19%
DSCR
1.99
GRM
4.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

6.1% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
34.3%
Equity multiple
3.24×
Total profit
$43,182
Equity at exit
$43,804
10-year hold
IRR
31.8%
Equity multiple
6.66×
Total profit
$109,301
Equity at exit
$79,809

Cash invested: $19,320 (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.

ZIP-level market 79313

Home prices YoY
5.3%
Active inventory
12
Price-to-rent
4.7×

Monthly cashflow live

Estimated rent
$1,231 medium interval (Pro) →
Mortgage (P&I)
$362
Tax from tax record
$224 /mo · $2,694/yr
Insurance
$29
HOA
$0
Vacancy / Maint / Mgmt
$258
Net cashflow
$357

Break-even live

Break-even rent $779
Max offer price $69,000
Occupancy floor 66%

Sensitivity live

Price -10% $396 -5% $377 +0% $357 +5% $338 +10% $318
Rent -10% $260 -5% $309 +0% $357 +5% $406 +10% $455
Rate -1.0pp $392 -0.5pp $375 base $357 +0.5pp $339 +1.0pp $321

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
$17,250
Closing costs
$2,070
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Listing history 31 events

  1. 2026-06-05
    days on market $69,000 Active 43 DOM
  2. 2026-06-03
    days on market $69,000 Active 41 DOM
  3. 2026-06-02
    days on market $69,000 Active 40 DOM
  4. 2026-06-01
    days on market $69,000 Active 39 DOM
  5. 2026-05-31
    days on market $69,000 Active 38 DOM
  6. 2026-04-07
    listed $69,000 Active 418-char remark
  7. 2025-11-29
    historical $1,400
  8. 2025-10-30
    price $1,400
  9. 2025-09-29
    listed $920
  10. 2025-06-20
    price $65,000
  11. 2025-03-13
    price $79,000
  12. 2024-09-10
    price $83,000
  13. 2023-12-28
    price $85,000
  14. 2023-12-10
    price $79,000
  15. 2023-12-09
    price $77,000
  16. 2023-12-09
    price $75,000
  17. 2023-10-02
    status Active
  18. 2023-09-11
    historical
  19. 2023-09-04
    status Active
  20. 2023-08-08
    historical
  21. 2023-08-04
    status Active
  22. 2023-07-29
    historical
  23. 2023-05-25
    listed $85,000 Active
  24. 2023-03-02
    price $85,000
  25. 2023-02-13
    price $95,000
  26. 2023-01-27
    price $105,000
  27. 2023-01-09
    price $120,000
  28. 2022-02-14
    soldstatus
  29. 2022-02-11
    soldstatus
  30. 2021-09-17
    listed $26,000
  31. 2000-01-06
    soldstatus

ⓘ 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
$2,694 · $224/mo
Projected year-2 tax
$2,694 · $224/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 · 0% chance over 30 yrs
  • 🔥 Wildfire 3/10 Moderate
  • 🌡 Heat 5/10 Major 7 d/yr ≥99°F today · 19 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low
  • 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 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
$14,770
− Mortgage interest
−$3,865
− Property taxes
−$2,694
− Insurance
−$345
− Repairs & maintenance
−$1,182
− Management
−$1,182
− Depreciation
−$2,007
Taxable income
$3,495
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$839
After-tax cash flow
$3,448/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
Anton ISD
NCES district ID
4808460
Math proficiency
6% ▼ -14.00%
Reading proficiency
20% ▬ 0.00%
Median HH income
$39,118
Composite
14.57/100
National rank
#14409
State rank
#1121 of 1141 in TX

Livability — Anton

Score
63/100
State rank
#877
US rank
#15794

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Anton, TX
City population
1,537
Population (ZIP)
1,537

Population outlook (Hockley County) Hauer SSP2

Today (2025)
25,295 people
By 2030
26,230 · +3.7%
By 2040
28,268 · +11.8%
By 2050
30,536 · +20.7%
By 2075
36,867 · +45.7%
By 2100
40,662 · +60.8%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.59)
Race & ethnicity
Hispanic / Latino 52% White 36% Two or more races 28% Black 7%
Hispanic origin (detail)
Mexican 50%
Common ancestry
Slovak 2%
Foreign-born
6% · Canada
Languages at home
72% English-only · Spanish 27% Vietnamese 1%

Political lean MEDSL · Hockley

2024 margin
Solid R (+66.3) · D 16.6% · R 82.8%
2008→2024 swing
-14.0pp toward R · 2008: -52.3pp · 2024: -66.3pp
All cycles
2024: R+66.3 2020: R+62.4 2016: R+62.3 2012: R+57.0 2008: R+52.3

Not yet ingested

Civics

Market trends

HPI YoY
▲ 6.10%
Current HPI
120.0991
Rent YoY
Metro
State GDP YoY
▲ 3.95%
F500 in state
110

Industry mix (Fortune 500 HQ in TX)

Industry F500 HQs Revenue

Price history

-94.6% since first listed
25 events — show timeline
  • 2025-11-29 Rental Removed $1,400 TURBOTENANT
  • 2025-10-30 Price Changed $1,400 TURBOTENANT
  • 2025-09-29 Listed for Rent $920 TURBOTENANT
  • 2025-06-20 Price Changed $65,000 LARMLS
  • 2025-03-13 Price Changed $79,000 LARMLS
  • 2024-09-10 Price Changed $83,000 LARMLS
  • 2023-12-28 Price Changed $85,000 LARMLS
  • 2023-12-10 Price Changed $79,000 LARMLS
  • 2023-12-09 Price Changed $77,000 LARMLS
  • 2023-12-09 Price Changed $75,000 LARMLS
  • 2023-10-02 Relisted LARMLS
  • 2023-09-11 Delisted LARMLS
  • 2023-09-04 Relisted LARMLS
  • 2023-08-08 Delisted LARMLS
  • 2023-08-04 Relisted LARMLS
  • 2023-07-29 Delisted LARMLS
  • 2023-05-25 Listed $85,000 LARMLS
  • 2023-03-02 Price Changed $85,000 LARMLS
  • 2023-02-13 Price Changed $95,000 LARMLS
  • 2023-01-27 Price Changed $105,000 LARMLS
  • 2023-01-09 Price Changed $120,000 LARMLS
  • 2022-02-14 Sold (Public Records) Public Records
  • 2022-02-11 Sold (MLS) LARMLS
  • 2021-09-17 Listed $26,000 LARMLS
  • 2000-01-06 Sold (Public Records) Public Records

Property tax history

+22.1%/yr

Latest (2025): $2,694 · +45.4% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…