2249 Trakand Dr · White Knoll, SC
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 5/10 · Moderate
- Est. fire insurance / yr
- $783 – $1,453
Heat risk 7/10 · Major
- Hot days now (above 107°F)
- 7 days/yr
- Hot days in 30 yrs
- 16 days/yr
Wind risk 6/10 · Moderate
- Chance of severe wind over 30 yrs
- 69.0%
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 2 days/yr
Risk factors via First Street. Map © Google.
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
🖨 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
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
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.
Questions for the listing agent
- 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?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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.
- 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.
- 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
- IRR
- -9.7%
- Equity multiple
- 0.65×
- Total profit
- $-22,775
- Equity at exit
- $34,279
- 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
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
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
| Address | Beds | Baths | Sqft | Rent | $/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
-
2026-06-07statusdays on market $229,900 Pending 58 DOM
-
2026-06-03days on market $229,900 Active 57 DOM
-
2026-06-03days on market $229,900 Active 56 DOM
-
2026-06-02days on market $229,900 Active 55 DOM
-
2026-05-31days on market $229,900 Active 54 DOM
-
2026-03-05$229,900 Active
-
2026-03-05$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
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
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
- 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
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
- 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 |
|---|---|---|
| Packaging | 1 | $7B |
|
||
Price history
+0.0% since first listed2 events — show timeline
- 2026-03-05 Listed $229,900 Consolidated MLS
- 2026-03-05 Listed $229,900 Consolidated MLS
Property tax history
+0.1%/yrLatest (2024): $1,018 · +4.4% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…