1100 26th St · Snyder, TX 79549

$80,000

2 bd · 1.0 ba · 1,277 sqft · SingleFamily public records · 78 Days on market

Built 1940 6,970 sqft lot $63/sqft · 35% below area Est $122k · 35% under

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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
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Livability +3.1/5.0
• Schools +2.8/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Solid, affordable, and full of opportunity. This 2 bedroom, 1 bathroom brick home sits on a corner lot and offers 1,277 sqft of inviting living space. Hardwood floors run through the living area and bedrooms, while the bathroom, dining area, kitchen, and laundry room feature tile flooring. Additional highlights include newer style windows, central HVAC, and a new roof in 2023. A comfortable layout and classic brick exterior make this a great option for a first time buyer or someone looking to add a dependable property to their investment portfolio.

Key facts

• Central hvac
• Tile flooring
• Newer style windows

Tags

• CORNER LOT
• HARDWOOD FLOORS
• TILE FLOORING
• NEWER STYLE WINDOWS
• CENTRAL HVAC
• NEW ROOF

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $80k.

Deal economics

• At list price, monthly cash flow is $426 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $80k).
• Recommended offer: $75k (6.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 61/100 on livability (#1,008 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: health & safety C-, employment D+, schools F.
• Snyder ISD (town): math 33% / reading 31% proficiency, ranked #577 of 826 in TX (top 70%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 108 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; 32 units permitted in Scurry County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $553 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Scurry County population projected at +22% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $22k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 78 days — a 6% lower offer ($75k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: built in 1940 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wildfire risk; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $75,200 (6.0% below list)

Questions for the listing agent

1. It's been on market 78 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1940 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
7. 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.
8. 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.
9. 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: 1.60% ✓
• Cap rate: 12.68%
• Cash-on-cash: 22.80%
• DSCR: 2.01
• GRM: 5.2

CMA / ARV

• ARV (median comp): $122,317
• List price: $80,000
• Delta: -34.60%
• Verdict: UNDERPRICED
• Comps: 4 within 2.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: 15.7%
• Equity multiple: 1.63×
• Total profit: $14,184
• Equity at exit: $11,928

10-year hold

• IRR: 24.4%
• Equity multiple: 3.12×
• Total profit: $47,421
• Equity at exit: $6,917

Cash invested: $22,400 (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 79549

• Active inventory: 108
• Price-to-rent: 5.2×

Monthly cashflow live

• Estimated rent: $1,283 medium
• Mortgage (P&I): −$420
• Tax from tax record: −$135 /mo · $1,619/yr
• Insurance: −$33
• HOA: −$0
• Vacancy / Maint / Mgmt: −$269
• Net cashflow: $426

Break-even live

Break-even rent $744

Max offer price $80,000

Occupancy floor 62%

Sensitivity live

Price	-10% $471	-5% $448	+0% $426	+5% $403	+10% $380
Rent	-10% $324	-5% $375	+0% $426	+5% $476	+10% $527
Rate	-1.0pp $466	-0.5pp $446	base $426	+0.5pp $405	+1.0pp $384

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: $20,000
• Closing costs: $2,400
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2807 Avenue E Snyder, TX	2.0	2.0	1420	$1,300	$0.92	45d	1	0.43mi
1021 37th St Snyder, TX	3.0	2.0	1300	$1,248	$0.96	44d	1	0.67mi
307 34th St Snyder, TX	3.0	1.0	1108	$1,200	$1.08	44d	1	0.81mi
3710 Avenue V Snyder, TX	2.0	1.0	1239	$1,400	$1.13	44d	1	1.10mi

Listing history 20 events

1. 2026-06-21
   days on market $80,000 Active 78 DOM
2. 2026-06-18
   days on market $80,000 Active 76 DOM
3. 2026-06-17
   days on market $80,000 Active 75 DOM
4. 2026-06-16
   days on market $80,000 Active 74 DOM
5. 2026-06-16
   price $80,000 Active 73 DOM
6. 2026-06-15
   days on market $90,000 Active 73 DOM
7. 2026-06-15
   days on market $90,000 Active 72 DOM
8. 2026-06-13
   days on market $90,000 Active 71 DOM
9. 2026-06-12
   days on market $90,000 Active 70 DOM
10. 2026-06-09
    days on market $90,000 Active 67 DOM
11. 2026-06-08
    days on market $90,000 Active 66 DOM
12. 2026-06-08
    days on market $90,000 Active 65 DOM
13. 2026-06-07
    days on market $90,000 Active 64 DOM
14. 2026-06-03
    days on market $90,000 Active 61 DOM
15. 2026-06-02
    days on market $90,000 Active 60 DOM
16. 2026-06-01
    days on market $90,000 Active 59 DOM
17. 2026-05-31
    days on market $90,000 Active 58 DOM
18. 2026-04-03
    listed $90,000 Active 554-char remark

    Show marketing remark (554 chars)

    Solid, affordable, and full of opportunity. This 2 bedroom, 1 bathroom brick home sits on a corner lot and offers 1,277 sqft of inviting living space. Hardwood floors run through the living area and bedrooms, while the bathroom, dining area, kitchen, and laundry room feature tile flooring. Additional highlights include newer style windows, central HVAC, and a new roof in 2023. A comfortable layout and classic brick exterior make this a great option for a first time buyer or someone looking to add a dependable property to their investment portfolio.

19. 2023-02-03
    soldstatus
20. 1997-10-10
    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: $1,619 · $135/mo
• Projected year-2 tax: $1,619 · $135/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 8/10 Severe
• 🌡 Heat 6/10 Major 7 d/yr ≥103°F today · 22 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 4% 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: $15,393
• − Mortgage interest: −$4,481
• − Property taxes: −$1,619
• − Insurance: −$400
• − Repairs & maintenance: −$1,231
• − Management: −$1,231
• − Depreciation: −$2,327
• Taxable income: $4,103
• Est. tax owed @ 24.0%: −$985
• After-tax cash flow: $4,123/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: Snyder ISD
• NCES district ID: 4840650
• Math proficiency: 33% ▼ -4.00%
• Reading proficiency: 31% ▼ -1.00%
• Median HH income: $48,075
• Composite: 27.69/100
• National rank: #6912
• State rank: #577 of 826 in TX

Livability — Snyder

• Score: 61/100
• State rank: #1008
• US rank: #17920

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Snyder, TX
• Population (ZIP): 15,505

Population outlook (Scurry County) Hauer SSP2

• Today (2025): 18,819 people
• By 2030: 19,548 · +3.9%
• By 2040: 21,178 · +12.5%
• By 2050: 22,980 · +22.1%
• By 2075: 27,055 · +43.8%
• By 2100: 28,065 · +49.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.58)
• Race & ethnicity: White 48% Hispanic / Latino 44% Two or more races 14% Black 3% Native American 1%
• Hispanic origin (detail): Mexican 40%
• Common ancestry: Slovak 1% Italian 1%
• Foreign-born: 5% · Canada
• Languages at home: 75% English-only · Spanish 25%

Political lean MEDSL · Scurry

• 2024 margin: Solid R (+73.6) · D 12.8% · R 86.5%
• 2008→2024 swing: -13.9pp toward R · 2008: -59.7pp · 2024: -73.6pp
• All cycles: 2024: R+73.6 2020: R+71.0 2016: R+69.8 2012: R+65.4 2008: R+59.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -96.76%
• Current HPI: 137.2297
• 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

3 events — show timeline

• 2026-04-03 Listed $90,000 PBBOR
• 2023-02-03 Sold (Public Records) — Public Records
• 1997-10-10 Sold (Public Records) — Public Records

Property tax history

+14.1%/yr

Latest (2025): $1,619 · +5.9% YoY. Source: county tax records.