2001 N 7th St · Tahoka, TX 79373

$59,900

3 bd · 1.0 ba · 1,533 sqft · SingleFamily public records · 11 Days on market

Built 1965 10,498 sqft lot ↓ 7% 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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Appreciation +9.8/10.0
• ARV discount +7.5/15.0
• Schools +3.7/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Investor Special! Design this home exactly as you want. Bring this 3 bed, 1 bath home back to life. Large square footage for endless possibilities. On street and off-street parking available. Being sold as is.

Key facts

• Off street parking
• Large square footage
• 0.24 acre lot

Tags

• LARGE SQUARE FOOTAGE
• OFF STREET PARKING

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $60k.

Deal economics

• At list price, monthly cash flow is $287 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $60k).

Location & tenants

• Location reads 65/100 on livability (#688 in TX) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: health & safety C-, schools D-, amenities F.
• Tahoka ISD (town): math 51% / reading 36% proficiency, ranked #313 of 826 in TX (top 38%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 62 active listings in the ZIP.

Forward outlook

• In year one you build about $6k of equity ($414 loan paydown + $6k appreciation (9.7% local appreciation)).
• Lynn County population projected at -18% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (9.7% appreciation + 3.0% rent growth), your $17k cash investment doubles in ~2 years — after that, you're playing with house money.
• By year 6, paydown + projected appreciation supports a ~$36k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 11 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts since 10y ago; this cycle's ask has dropped $10k (14%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: property tax is 4.7% of price.
• Climate carrying-cost: extreme-heat days projected 6→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $59,900

Questions for the listing agent

1. Built in 1965 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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 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: 1.82% ✓
• Cap rate: 12.04%
• Cash-on-cash: 20.53%
• DSCR: 1.91
• GRM: 4.6

CMA / ARV

No comps found within radius.

Projected returns pro-forma

9.68% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 39.1%
• Equity multiple: 3.96×
• Total profit: $49,712
• Equity at exit: $52,582

10-year hold

• IRR: 33.9%
• Equity multiple: 8.87×
• Total profit: $131,923
• Equity at exit: $111,958

Cash invested: $16,772 (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 79373

• Home prices YoY: 8.6%
• Active inventory: 62
• Price-to-rent: 4.6×

Monthly cashflow live

• Estimated rent: $1,089 medium
• Mortgage (P&I): −$314
• Tax from tax record: −$234 /mo · $2,811/yr
• Insurance: −$25
• HOA: −$0
• Vacancy / Maint / Mgmt: −$229
• Net cashflow: $287

Break-even live

Break-even rent $726

Max offer price $59,900

Occupancy floor 69%

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: $14,975
• Closing costs: $1,797
• Reserves months: —
• Total cash needed: —

Listing history 14 events

1. 2026-06-09
   days on market $59,900 Active 11 DOM
2. 2026-06-08
   days on market $59,900 Active 10 DOM
3. 2026-06-08
   pricedays on market $59,900 Active 9 DOM
4. 2026-06-05
   days on market $64,900 Active 7 DOM
5. 2026-06-03
   days on market $64,900 Active 5 DOM
6. 2026-06-02
   days on market $64,900 Active 4 DOM
7. 2026-06-02
   price $64,900 Active 3 DOM
8. 2026-06-01
   days on market $69,900 Active 3 DOM
9. 2026-05-31
   days on market $69,900 Active 2 DOM
10. 2026-05-29
    listed $69,900 Active 209-char remark

    Show marketing remark (209 chars)

    Investor Special! Design this home exactly as you want. Bring this 3 bed, 1 bath home back to life. Large square footage for endless possibilities. On street and off-street parking available. Being sold as is.

11. 2016-10-21
    soldstatus 195-char remark

    Show marketing remark (195 chars)

    Nice family home on corner lot in great Tahoka neighborhood! New flooring in living room, fresh paint, double carport plus garage. A lot of house for the money. Eligible for 100% USDA financing!!

12. 2016-02-22
    listed $74,900 195-char remark

    Show marketing remark (195 chars)

    Nice family home on corner lot in great Tahoka neighborhood! New flooring in living room, fresh paint, double carport plus garage. A lot of house for the money. Eligible for 100% USDA financing!!

13. 2010-04-12
    soldstatus
14. 2007-10-18
    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: $2,811 · $234/mo
• Projected year-2 tax: $2,811 · $234/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 0% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 5/10 Major 6 d/yr ≥100°F today · 19 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 2% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $13,066
• − Mortgage interest: −$3,355
• − Property taxes: −$2,811
• − Insurance: −$300
• − Repairs & maintenance: −$1,045
• − Management: −$1,045
• − Depreciation: −$1,743
• Taxable income: $2,768
• Est. tax owed @ 24.0%: −$664
• After-tax cash flow: $2,778/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: Tahoka ISD
• NCES district ID: 4842090
• Math proficiency: 51% ▲ 1.00%
• Reading proficiency: 36% ▲ 1.00%
• Median HH income: $41,282
• Composite: 36.63/100
• National rank: #4619
• State rank: #313 of 826 in TX

Livability — Tahoka

• Score: 65/100
• State rank: #688
• US rank: #12876

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: Tahoka, TX
• Population (ZIP): 3,021

Population outlook (Lynn County) Hauer SSP2

• Today (2025): 5,360 people
• By 2030: 5,162 · -3.7%
• By 2040: 4,811 · -10.2%
• By 2050: 4,422 · -17.5%
• By 2075: 3,362 · -37.3%
• By 2100: 2,177 · -59.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.56)
• Race & ethnicity: White 53% Hispanic / Latino 41% Two or more races 27% Black 3% Native American 1%
• Hispanic origin (detail): Mexican 35%
• Common ancestry: Lithuanian 2% Slovak 1% Iranian 1%
• Foreign-born: 3% · Canada
• Languages at home: 82% English-only · Spanish 17% Tagalog/Filipino 1%

Political lean MEDSL · Lynn

• 2024 margin: Solid R (+70.3) · D 14.4% · R 84.7%
• 2008→2024 swing: -30.3pp toward R · 2008: -40.0pp · 2024: -70.3pp
• All cycles: 2024: R+70.3 2020: R+62.1 2016: R+57.2 2012: R+49.3 2008: R+40.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 9.68%
• Current HPI: 122.721
• Rent YoY: —
• Metro: —
• 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

-6.7% since first listed

5 events — show timeline

• 2026-05-29 Listed $69,900 NTREIS
• 2016-10-21 Sold (MLS) — LARMLS
• 2016-02-22 Listed $74,900 LARMLS
• 2010-04-12 Sold (Public Records) — Public Records
• 2007-10-18 Sold (Public Records) — Public Records

Property tax history

+6.6%/yr

Latest (2025): $2,811 · +5.0% YoY. Source: county tax records.