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2249 Trakand Dr
C Composite 55.6
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 +18.5/30.0
  • ARV discount +13.2/15.0
  • DSCR +5.8/10.0
  • Schools +4.2/10.0
  • 1% rule +4.1/10.0
  • Condition / age +4.0/5.0
  • Rent growth +3.3/5.0
  • Livability +2.5/5.0
  • Appreciation +0.0/10.0

$229,900

2249 Trakand Dr · White Knoll, SC 29073
3 bd · 2.5 ba · 1,530 sqft · SingleFamily public records · 58 Days on market
Built 2020 Good condition 4,791 sqft lot Est $263k · 13% under $38/mo HOA · 2% of rent

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks

Welcome to 2249 Trakand Drive in Lexington! This well-maintained home offers comfort, convenience, and a great community lifestyle. The kitchen comes fully equipped with all appliances included, plus the washer and dryer convey, making this home truly move-in ready. Enjoy living in a neighborhood packed with amenities, including a community pool with a lazy river and a playground, perfect for relaxing or spending time with family and friends. Conveniently located close to shopping, dining, and everyday essentials, you’ll have everything you need just minutes from home. Don’t miss the opportunity to own a home in this sought-after Lexington community! Disclaimer: CMLS has not re

Key facts

  • Lazy river
  • Community pool
  • Move in ready

Tags

COMMUNITY POOLLAZY RIVERPLAYGROUNDMOVE IN READYFULLY EQUIPPED KITCHEN

Property features AI

Finance

  • Other: Community pool
  • HOA & community: Community association; Association maintains common areas, playground, pool, sprinklers, street lights, and green areas

Exterior

  • Parking: Attached garage with 1 garage space
  • Utilities: Public water; Public sewer
  • Home design: Two-story residence
  • Construction: Slab foundation
  • Exterior features: Patio; Sprinkler system; Partial gutters; Vinyl exterior finish; Paved road access

Interior

  • Kitchen: Eat-in kitchen; Pantry; Granite countertops and granite backsplash; Stained wood cabinets; Recessed lighting
  • Bedrooms: Master bedroom with double vanity, walk-in closet, tub/shower, and ceiling fan (Second level); Bedroom 2 with shared bath and ceiling fan (Second level); Bedroom 3 with shared bath and ceiling fan (Second level)
  • Flooring: Luxury vinyl plank flooring
  • Bathrooms: Two full baths; One partial bath; One half bath
  • Heating & cooling: Central air conditioning; Gas pack heating
  • Interior features: Ceiling fans; Garage door opener; Smoke detector; Pull-down attic access; Gas log (natural) fireplace; Self-cleaning smooth top range
  • Laundry & utility: Laundry closet (washer/dryer located on Second level); Tankless water heater; Disposal

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/2.5-bath single-family listed at $230k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $221 ($3k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $208k (9.4% below list).
  • Recommended offer: $208k (9.4% below list) — sets the bar for 1% rule.

Location & tenants

  • Location reads: area grade C — affects rentability + tenant quality, not the cash-flow math above.
  • Lexington 01 (suburban): math 42% / reading 53% proficiency, ranked #11 of 80 in SC (top 14%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Carolina Springs Elementary (math 34% / reading 34%, grade F, #359 of 597 statewide, top 60%, 850 students, 41% FRL); White Knoll High (math 47% / reading 85%, grade B, #81 of 196 statewide, top 42%, 2,204 students, 45% FRL).
  • Market conditions: Rents rising (+3.2%/yr); 564 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals leasing fast (median 3d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 1,712 units permitted in Lexington County in 2024 (0 in 5+ unit buildings).
  • This rent runs 32% of the median local income ($77k/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 $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
  • Lexington County population projected at +26% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 58 days — a 3% lower offer ($223k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts 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

  • Climate carrying-cost: major wind risk, 69% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $208,202 (9.4% below list)

Questions for the listing agent

  1. It's been on market 58 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
  2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. 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.
  5. 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.
  6. 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
0.91%
Cap rate
7.44%
Cash-on-cash
4.11%
DSCR
1.18
GRM
9.2

CMA / ARV

ARV (on-the-fly)
$263,160
Comps found
2
Show comp detail 2 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
460 Walking Ln 0.31mi 3/2.5 1,527 (-0%) 22mo $262,000 $172 67
116 Opago Way 0.61mi 4/2.5 (+1) 1,604 (+5%) 17mo $230,000 $143 45

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 · 3.24% rent growth · sell at horizon

5-year hold
IRR
-9.7%
Equity multiple
0.65×
Total profit
$-22,775
Equity at exit
$34,279
10-year hold
IRR
0.0%
Equity multiple
1.00×
Total profit
$48
Equity at exit
$19,878

Cash invested: $64,372 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
90 Strongly Landlord-Friendly
State South Carolina
90 Strongly Landlord-Friendly · R+6
County
— inherits STATE
City
— inherits STATE
5-day notice; preempted; landlord-favorable.

ZIP-level market 29073

Home prices YoY
-19.1%
Rents YoY
3.2%
Active inventory
564
Price-to-rent
9.2×

Monthly cashflow live

Estimated rent
$2,082 high interval (Pro) →
Mortgage (P&I)
$1,206
Tax from tax record
$85 /mo · $1,018/yr
Insurance
$96
HOA
$38
Vacancy / Maint / Mgmt
$437
Net cashflow
$221

Break-even live

Break-even rent $1,803
Max offer price $229,900
Occupancy floor 84%

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
$57,475
Closing costs
$6,897
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.

Rent comps 6 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
2237 Trakand Dr Lexington, SC 3.0 2.5 1962 $1,975 $1.01 2d 1 0.05mi
307 Savannah Hills Dr Lexington, SC 3.0 2.5 1612 $1,985 $1.23 23d 1 0.08mi
473 Walking Ln Lexington, SC 3.0 2.5 1835 $2,100 $1.14 23d 1 0.32mi
432 Cape Jasmine Way Lexington, SC 4.0 2.5 1600 $2,049 $1.28 3d 1 0.66mi
123 Brevard Pkwy Lexington, SC 1.0–3.0 1.0–2.0 1097 $1,275 $1.16 2d 1 0.84mi
600 Fern Hall Dr Lexington, SC 2.0–3.0 2.0 1071 $1,277 $1.19 2d 1 0.92mi

HOA detail

Monthly dues
$38 · $456/yr
Likely covers
pool

Listing history 7 events

  1. 2026-06-07
    statusdays on market $229,900 Pending 58 DOM
  2. 2026-06-03
    days on market $229,900 Active 57 DOM
  3. 2026-06-03
    days on market $229,900 Active 56 DOM
  4. 2026-06-02
    days on market $229,900 Active 55 DOM
  5. 2026-05-31
    days on market $229,900 Active 54 DOM
  6. 2026-03-05
    listed $229,900 Active
  7. 2026-03-05
    listed $229,900 Active

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

Tax reassessment forecast SC · Resets to sale price

Current annual tax
$1,018 · $85/mo
Projected year-2 tax
$1,310 · $109/mo
Expected delta
+$292/yr (+$24/mo · 28.7%)

ⓘ 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 5/10 Major
  • 🌡 Heat 7/10 Severe 7 d/yr ≥107°F today · 16 d/yr by 30 yrs out
  • 💨 Wind 6/10 Major 69% chance of damaging wind over 30 yrs
  • 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 2 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$24,984
− Mortgage interest
−$12,878
− Property taxes
−$1,018
− Insurance
−$1,150
− Repairs & maintenance
−$1,999
− Management
−$1,999
− HOA
−$456
− Depreciation
−$6,688
Taxable loss
−$1,203
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$289
After-tax cash flow
$2,935/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

Good 80/100 Cosmetic rehab

This well-maintained home in a sought-after Lexington community is move-in ready with a good condition score and minimal updates needed to maximize its value.

Value-add opportunities

  • Both Paint exterior and interior — Enhances curb appeal and interior aesthetics.
  • Both Replace carpet in bedrooms — Improves comfort and appearance.
  • Both Install smart home devices — Enhances convenience and marketability.

Renovation cost estimate screening

Value-add ROI direction

  • Both Paint exterior and interior — Enhances curb appeal and interior aesthetics.
  • Both Replace carpet in bedrooms — Improves comfort and appearance.
  • Both Install smart home devices — Enhances convenience and marketability.

ⓘ 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
Lexington 01
NCES district ID
4502700
Math proficiency
42% ▼ -12.00%
Reading proficiency
53% ▼ -2.00%
Median HH income
$61,298
Composite
41.75/100
National rank
#3399
State rank
#11 of 80 in SC

Livability — White Knoll

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

Census place
White Knoll, SC
County
Lexington County · 232,571 people
City population
51,471
Metro
Columbia, SC
Population (ZIP)
53,156
Household income
$77,229
Rent vs Own
18.3% rent · 81.7% own
Severe rent burden
935.0

Population outlook (Lexington County) Hauer SSP2

Today (2025)
322,999 people
By 2030
342,356 · +6.0%
By 2040
377,715 · +16.9%
By 2050
406,984 · +26.0%
By 2075
465,447 · +44.1%
By 2100
485,674 · +50.4%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (72%)
Race & ethnicity
White 72% Black 14% Two or more races 7% Hispanic / Latino 6% Asian 2%
Hispanic origin (detail)
Mexican 2% Puerto Rican 1%
Common ancestry
Romanian 3% Italian 2% Slovak 1%
Foreign-born
4% · Canada, China
Languages at home
93% English-only · Spanish 5% Other Indo-European 1%

Political lean MEDSL · Lexington

2024 margin
Solid R (+33.5) · D 32.5% · R 66.0% · Other 1.4%
2008→2024 swing
+4.6pp toward D · 2008: -38.0pp · 2024: -33.5pp
All cycles
2024: R+33.5 2020: R+30.1 2016: R+36.7 2012: R+37.8 2008: R+38.0

Not yet ingested

Civics

Market trends

HPI YoY
▼ -59.20%
Current HPI
249.8957
Rent YoY
▲ 3.24%
Metro
Columbia, SC
State GDP YoY
▲ 4.51%
F500 in state
2

Industry mix (Fortune 500 HQ in SC)

Industry F500 HQs Revenue

Price history

+0.0% since first listed
2 events — show timeline
  • 2026-03-05 Listed $229,900 Consolidated MLS
  • 2026-03-05 Listed $229,900 Consolidated MLS

Property tax history

+0.1%/yr

Latest (2024): $1,018 · +4.4% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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