609 N 4th St W · Clyde, TX 79510

$125,000

3 bd · 1.0 ba · 1,233 sqft · SingleFamily · 108 Days on market

Built 1920 Fair condition 0.42 ac lot $101/sqft · at area comps Est $124k · at est.

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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
• ARV discount +7.2/15.0
• Schools +3.6/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.2/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Charming 3-bedroom, 1-bath home situated on a spacious corner lot! This inviting property offers an open-concept layout that seamlessly connects the kitchen and living areas—perfect for everyday living or entertaining guests. Enjoy easy-care laminate flooring throughout, adding to the home’s warm and welcoming feel. Outside, the large yard is fully enclosed with a brand-new privacy fence and features seven fruit-bearing trees, creating your own little orchard right at home. A wonderful blend of comfort, space, and outdoor enjoyment!

Key facts

• Laminate flooring
• Fruit-bearing trees
• Privacy fence

Tags

• CORNER LOT
• OPEN-CONCEPT LAYOUT
• LAMINATE FLOORING
• PRIVACY FENCE
• FRUIT-BEARING TREES

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $125k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $700 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $125k).
• Recommended offer: $114k (9.0% below list) — sets the bar for market timing.
• Cap rate 13.0% vs local median 3.2% in Clyde — 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 68/100 on livability (#498 in TX) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: schools C-, employment C-, health & safety D+.
• Clyde CISD (town): math 42% / reading 42% proficiency, ranked #341 of 826 in TX (top 41%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 132 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 11 units permitted in Callahan County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $864 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Callahan County population projected to shrink 5% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $35k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 108 days — a 9% lower offer ($114k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 2y ago; this cycle's ask has dropped $50k (29%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1920 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $113,750 (9.0% below list)

Questions for the listing agent

1. It's been on market 108 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 1920 — 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. 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.
7. 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.
8. 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: 1.58% ✓
• Cap rate: 13.02%
• Cash-on-cash: 24.01%
• DSCR: 2.07
• GRM: 5.3

CMA / ARV

• ARV (median comp): $124,304
• List price: $125,000
• Delta: 0.56%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 10 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
418 Pecan St	0.37mi	3/1.5	1,224 (-1%)	0mo	$99,900	$82	79
518 Reeves St	0.10mi	3/1.5	1,296 (+5%)	22mo	$169,900	$131	67
504 Oak St	0.52mi	2/1.0 (-1)	1,284 (+4%)	0mo	$129,000	$100	64
204 Bowie St	0.56mi	3/1.5	1,308 (+6%)	9mo	$80,000	$61	54
811 S 1st St W	0.23mi	3/2.0	1,092 (-11%)	15mo	$127,500	$117	54
201 Pine St	0.63mi	3/2.0	1,280 (+4%)	15mo	$199,000	$155	48
214 Cherry St	0.74mi	3/1.0	1,256 (+2%)	19mo	$39,900	$32	46
402 Private Road 6210	0.58mi	3/2.0	1,357 (+10%)	10mo	$275,000	$203	44
1710 Alamo Ct	0.68mi	3/2.0	1,396 (+13%)	3mo	$260,000	$186	40
1810 Tonkawa Cir	0.74mi	2/1.0 (-1)	1,075 (-13%)	15mo	$150,000	$140	27

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: 17.2%
• Equity multiple: 1.70×
• Total profit: $24,380
• Equity at exit: $18,638

10-year hold

• IRR: 25.8%
• Equity multiple: 3.25×
• Total profit: $78,789
• Equity at exit: $10,808

Cash invested: $35,000 (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 79510

• Home prices YoY: -21.6%
• Active inventory: 132
• Price-to-rent: 5.3×

Monthly cashflow live

• Estimated rent: $1,980 medium
• Mortgage (P&I): −$656
• Tax est. 1.5%: −$156 /mo · $1,875/yr
• Insurance: −$52
• HOA: −$0
• Vacancy / Maint / Mgmt: −$416
• Net cashflow: $700

Break-even live

Break-even rent $1,093

Max offer price $125,000

Occupancy floor 60%

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: $31,250
• Closing costs: $3,750
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
613 Marlin St Clyde, TX	4.0	1.0	1218	$1,980	$1.63	20d	1	0.48mi

Listing history 36 events

1. 2026-06-19
   days on market $125,000 Active 108 DOM
2. 2026-06-18
   days on market $125,000 Active 107 DOM
3. 2026-06-17
   days on market $125,000 Active 106 DOM
4. 2026-06-17
   price $125,000 Active 105 DOM
5. 2026-06-16
   days on market $150,000 Active 105 DOM
6. 2026-06-15
   days on market $150,000 Active 104 DOM
7. 2026-06-14
   days on market $150,000 Active 102 DOM
8. 2026-06-13
   days on market $150,000 Active 101 DOM
9. 2026-06-10
   days on market $150,000 Active 99 DOM
10. 2026-06-09
    days on market $150,000 Active 98 DOM
11. 2026-06-08
    days on market $150,000 Active 97 DOM
12. 2026-06-07
    days on market $150,000 Active 96 DOM
13. 2026-06-02
    days on market $150,000 Active 91 DOM
14. 2026-06-01
    days on market $150,000 Active 90 DOM
15. 2026-05-31
    days on market $150,000 Active 89 DOM
16. 2026-05-30
    days on market $150,000 Active 88 DOM
17. 2026-05-13
    price $150,000 550-char remark

    Show marketing remark (550 chars)

    Charming 3-bedroom, 1-bath home situated on a spacious corner lot! This inviting property offers an open-concept layout that seamlessly connects the kitchen and living areas—perfect for everyday living or entertaining guests. Enjoy easy-care laminate flooring throughout, adding to the home’s warm and welcoming feel. Outside, the large yard is fully enclosed with a brand-new privacy fence and features seven fruit-bearing trees, creating your own little orchard right at home. A wonderful blend of comfort, space, and outdoor enjoyment!

18. 2026-04-20
    status Active 550-char remark

    Show marketing remark (550 chars)

    Charming 3-bedroom, 1-bath home situated on a spacious corner lot! This inviting property offers an open-concept layout that seamlessly connects the kitchen and living areas—perfect for everyday living or entertaining guests. Enjoy easy-care laminate flooring throughout, adding to the home’s warm and welcoming feel. Outside, the large yard is fully enclosed with a brand-new privacy fence and features seven fruit-bearing trees, creating your own little orchard right at home. A wonderful blend of comfort, space, and outdoor enjoyment!

19. 2026-04-08
    historical Active Option Contract 550-char remark

    Show marketing remark (550 chars)

    Charming 3-bedroom, 1-bath home situated on a spacious corner lot! This inviting property offers an open-concept layout that seamlessly connects the kitchen and living areas—perfect for everyday living or entertaining guests. Enjoy easy-care laminate flooring throughout, adding to the home’s warm and welcoming feel. Outside, the large yard is fully enclosed with a brand-new privacy fence and features seven fruit-bearing trees, creating your own little orchard right at home. A wonderful blend of comfort, space, and outdoor enjoyment!

20. 2026-04-01
    price $165,000 550-char remark

    Show marketing remark (550 chars)

    Charming 3-bedroom, 1-bath home situated on a spacious corner lot! This inviting property offers an open-concept layout that seamlessly connects the kitchen and living areas—perfect for everyday living or entertaining guests. Enjoy easy-care laminate flooring throughout, adding to the home’s warm and welcoming feel. Outside, the large yard is fully enclosed with a brand-new privacy fence and features seven fruit-bearing trees, creating your own little orchard right at home. A wonderful blend of comfort, space, and outdoor enjoyment!

21. 2026-04-01
    price $200,000 550-char remark

    Show marketing remark (550 chars)

    Charming 3-bedroom, 1-bath home situated on a spacious corner lot! This inviting property offers an open-concept layout that seamlessly connects the kitchen and living areas—perfect for everyday living or entertaining guests. Enjoy easy-care laminate flooring throughout, adding to the home’s warm and welcoming feel. Outside, the large yard is fully enclosed with a brand-new privacy fence and features seven fruit-bearing trees, creating your own little orchard right at home. A wonderful blend of comfort, space, and outdoor enjoyment!

22. 2026-03-30
    status Active 550-char remark

    Show marketing remark (550 chars)

    Charming 3-bedroom, 1-bath home situated on a spacious corner lot! This inviting property offers an open-concept layout that seamlessly connects the kitchen and living areas—perfect for everyday living or entertaining guests. Enjoy easy-care laminate flooring throughout, adding to the home’s warm and welcoming feel. Outside, the large yard is fully enclosed with a brand-new privacy fence and features seven fruit-bearing trees, creating your own little orchard right at home. A wonderful blend of comfort, space, and outdoor enjoyment!

23. 2025-11-10
    status Pending 550-char remark

    Show marketing remark (550 chars)

    Charming 3-bedroom, 1-bath home situated on a spacious corner lot! This inviting property offers an open-concept layout that seamlessly connects the kitchen and living areas—perfect for everyday living or entertaining guests. Enjoy easy-care laminate flooring throughout, adding to the home’s warm and welcoming feel. Outside, the large yard is fully enclosed with a brand-new privacy fence and features seven fruit-bearing trees, creating your own little orchard right at home. A wonderful blend of comfort, space, and outdoor enjoyment!

24. 2025-10-30
    historical Active Option Contract 550-char remark

    Show marketing remark (550 chars)

    Charming 3-bedroom, 1-bath home situated on a spacious corner lot! This inviting property offers an open-concept layout that seamlessly connects the kitchen and living areas—perfect for everyday living or entertaining guests. Enjoy easy-care laminate flooring throughout, adding to the home’s warm and welcoming feel. Outside, the large yard is fully enclosed with a brand-new privacy fence and features seven fruit-bearing trees, creating your own little orchard right at home. A wonderful blend of comfort, space, and outdoor enjoyment!

25. 2025-10-20
    price $165,000 550-char remark

    Show marketing remark (550 chars)

    Charming 3-bedroom, 1-bath home situated on a spacious corner lot! This inviting property offers an open-concept layout that seamlessly connects the kitchen and living areas—perfect for everyday living or entertaining guests. Enjoy easy-care laminate flooring throughout, adding to the home’s warm and welcoming feel. Outside, the large yard is fully enclosed with a brand-new privacy fence and features seven fruit-bearing trees, creating your own little orchard right at home. A wonderful blend of comfort, space, and outdoor enjoyment!

26. 2025-10-14
    listed $175,000 Active 550-char remark

    Show marketing remark (550 chars)

    Charming 3-bedroom, 1-bath home situated on a spacious corner lot! This inviting property offers an open-concept layout that seamlessly connects the kitchen and living areas—perfect for everyday living or entertaining guests. Enjoy easy-care laminate flooring throughout, adding to the home’s warm and welcoming feel. Outside, the large yard is fully enclosed with a brand-new privacy fence and features seven fruit-bearing trees, creating your own little orchard right at home. A wonderful blend of comfort, space, and outdoor enjoyment!

27. 2025-01-20
    soldstatus Closed 424-char remark

    Show marketing remark (424 chars)

    Super cute 2 bedroom 1 bath nestled in Clyde. This rock house boasts a large yard and mature trees. Interior has newer paint and flooring. An open concept leaves lots of room for big decorating ideas. The possibilities are endless with this home. Just a stones throw away from downtown Clyde and just 14 miles from Abilene. Whether you're looking for a starter home or a unique investment rental property this fits the bill!

28. 2025-01-08
    status Pending 424-char remark

    Show marketing remark (424 chars)

    Super cute 2 bedroom 1 bath nestled in Clyde. This rock house boasts a large yard and mature trees. Interior has newer paint and flooring. An open concept leaves lots of room for big decorating ideas. The possibilities are endless with this home. Just a stones throw away from downtown Clyde and just 14 miles from Abilene. Whether you're looking for a starter home or a unique investment rental property this fits the bill!

29. 2025-01-08
    status Active 424-char remark

    Show marketing remark (424 chars)

    Super cute 2 bedroom 1 bath nestled in Clyde. This rock house boasts a large yard and mature trees. Interior has newer paint and flooring. An open concept leaves lots of room for big decorating ideas. The possibilities are endless with this home. Just a stones throw away from downtown Clyde and just 14 miles from Abilene. Whether you're looking for a starter home or a unique investment rental property this fits the bill!

30. 2024-12-31
    historical 424-char remark

    Show marketing remark (424 chars)

    Super cute 2 bedroom 1 bath nestled in Clyde. This rock house boasts a large yard and mature trees. Interior has newer paint and flooring. An open concept leaves lots of room for big decorating ideas. The possibilities are endless with this home. Just a stones throw away from downtown Clyde and just 14 miles from Abilene. Whether you're looking for a starter home or a unique investment rental property this fits the bill!

31. 2024-10-27
    historical Active Option Contract 424-char remark

    Show marketing remark (424 chars)

    Super cute 2 bedroom 1 bath nestled in Clyde. This rock house boasts a large yard and mature trees. Interior has newer paint and flooring. An open concept leaves lots of room for big decorating ideas. The possibilities are endless with this home. Just a stones throw away from downtown Clyde and just 14 miles from Abilene. Whether you're looking for a starter home or a unique investment rental property this fits the bill!

32. 2024-07-11
    historical $1,095
33. 2024-06-25
    price $127,900 424-char remark

    Show marketing remark (424 chars)

    Super cute 2 bedroom 1 bath nestled in Clyde. This rock house boasts a large yard and mature trees. Interior has newer paint and flooring. An open concept leaves lots of room for big decorating ideas. The possibilities are endless with this home. Just a stones throw away from downtown Clyde and just 14 miles from Abilene. Whether you're looking for a starter home or a unique investment rental property this fits the bill!

34. 2024-05-23
    listed $139,900 Active 424-char remark

    Show marketing remark (424 chars)

    Super cute 2 bedroom 1 bath nestled in Clyde. This rock house boasts a large yard and mature trees. Interior has newer paint and flooring. An open concept leaves lots of room for big decorating ideas. The possibilities are endless with this home. Just a stones throw away from downtown Clyde and just 14 miles from Abilene. Whether you're looking for a starter home or a unique investment rental property this fits the bill!

35. 2024-04-24
    price $1,095
36. 2024-04-02
    listed $1,195

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Taxation est. · year 1

• Rental income: $23,760
• − Mortgage interest: −$7,002
• − Property taxes: −$1,875
• − Insurance: −$625
• − Repairs & maintenance: −$1,901
• − Management: −$1,901
• − Depreciation: −$3,636
• Taxable income: $6,820
• Est. tax owed @ 24.0%: −$1,637
• After-tax cash flow: $6,767/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 · 12 photos

Fair 45/100 Moderate rehab

This charming 3-bedroom home requires moderate renovations to update the kitchen and bathroom, and paint the interior walls. The home has a spacious corner lot with fruit trees, making it a great investment opportunity.

Repairs flagged

• Moderate kitchen cabinets — dated and worn
• Moderate kitchen appliances — dated and worn
• Moderate bathroom vanity — dated and worn
• Moderate interior paint — worn and outdated
• Minor landscaping — small yard with fruit trees

Value-add opportunities

• Both update kitchen cabinets and appliances — modernizing the kitchen would appeal to both buyers and renters
• Both update bathroom vanity — modernizing the bathroom would appeal to both buyers and renters
• Both paint interior walls — painting the interior walls would improve the home's curb appeal and make it more inviting

Renovation cost estimate screening

Repair item	Severity	Est. cost
kitchen cabinets · dated and worn	Moderate	$3,000–15,000
kitchen appliances · dated and worn	Moderate	$3,000–15,000
bathroom vanity · dated and worn	Moderate	$3,000–15,000
interior paint · worn and outdated	Moderate	$3,000–15,000
landscaping · small yard with fruit trees	Minor	$500–3,000
Total estimated repair cost · 5 items		$12,500–63,000

Value-add ROI direction

• Both update kitchen cabinets and appliances — modernizing the kitchen would appeal to both buyers and renters ↑
• Both update bathroom vanity — modernizing the bathroom would appeal to both buyers and renters ↑
• Both paint interior walls — painting the interior walls would improve the home's curb appeal and make it more inviting ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Clyde CISD
• NCES district ID: 4814450
• Math proficiency: 42% ▼ -7.00%
• Reading proficiency: 42% ▼ -2.00%
• Median HH income: $46,614
• Composite: 35.84/100
• National rank: #4824
• State rank: #341 of 826 in TX

Livability — Clyde

• Score: 68/100
• State rank: #498
• US rank: #9935

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Clyde, TX
• Population (ZIP): 8,135

Population outlook (Callahan County) Hauer SSP2

• Today (2025): 13,664 people
• By 2030: 13,578 · -0.6%
• By 2040: 13,283 · -2.8%
• By 2050: 13,008 · -4.8%
• By 2075: 12,354 · -9.6%
• By 2100: 11,326 · -17.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (79%)
• Race & ethnicity: White 79% Hispanic / Latino 13% Two or more races 12% Black 2%
• Hispanic origin (detail): Mexican 13%
• Common ancestry: Italian 8% Slovak 3% Serbian 3%
• Foreign-born: 1% · China
• Languages at home: 93% English-only · Spanish 5% German/W. Germanic 2%

Political lean MEDSL · Callahan

• 2024 margin: Solid R (+77.6) · D 10.9% · R 88.5%
• 2008→2024 swing: -15.9pp toward R · 2008: -61.7pp · 2024: -77.6pp
• All cycles: 2024: R+77.6 2020: R+77.3 2016: R+77.2 2012: R+69.8 2008: R+61.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -51.42%
• Current HPI: 186.6326
• 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

+12452.3% since first listed

20 events — show timeline

• 2026-05-13 Price Changed $150,000 NTREIS
• 2026-04-20 Relisted — NTREIS
• 2026-04-08 Contingent — NTREIS
• 2026-04-01 Price Changed $165,000 NTREIS
• 2026-04-01 Price Changed $200,000 NTREIS
• 2026-03-30 Relisted — NTREIS
• 2025-11-10 Pending — NTREIS
• 2025-10-30 Contingent — NTREIS
• 2025-10-20 Price Changed $165,000 NTREIS
• 2025-10-14 Listed $175,000 NTREIS
• 2025-01-20 Sold (MLS) — NTREIS
• 2025-01-08 Pending — NTREIS
• 2025-01-08 Relisted — NTREIS
• 2024-12-31 Listing Removed — NTREIS
• 2024-10-27 Contingent — NTREIS
• 2024-07-11 Rental Removed $1,095 NTREIS
• 2024-06-25 Price Changed $127,900 NTREIS
• 2024-05-23 Listed $139,900 NTREIS
• 2024-04-24 Price Changed $1,095 NTREIS
• 2024-04-02 Listed for Rent $1,195 NTREIS