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2212 Doc Holliday Rd
C+ Composite 62.38
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 +20.7/30.0
  • ARV discount +15.0/15.0
  • DSCR +6.6/10.0
  • 1% rule +5.5/10.0
  • Schools +4.2/10.0
  • Livability +4.0/5.0
  • Condition / age +4.0/5.0
  • Rent growth +2.5/5.0
  • Appreciation +0.0/10.0

$234,999

2212 Doc Holliday Rd · Burleson, TX 76058
3 bd · 2.0 ba · 1,522 sqft · SingleFamily · 9 Days on market
Built 2026 Good condition $154/sqft · 17% below area Est $282k · 17% under

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks

This single-level home showcases a spacious open floorplan shared between the kitchen, dining area and family room for easy entertaining. An owner's suite enjoys a private location in a rear corner of the home, complemented by an en-suite bathroom and walk-in closet. There are two secondary bedrooms at the front of the home, which are comfortable spaces for household members and overnight guests.

Key facts

  • Walk-in closet
  • Open floorplan
  • Secondary bedrooms

Tags

OPEN FLOORPLANOWNER'S SUITEEN-SUITE BATHROOMWALK-IN CLOSETSECONDARY BEDROOMS

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath single-family listed at $235k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $320 ($4k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $235k).
  • Cap rate 7.9% vs local median 3.5% in Burleson — 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 79/100 on livability (#53 in TX, #2,133 nationally) — a middle-class / working-renter tenant base. Strengths: employment A+, cost of living A+, housing A+; Watch: amenities F, commute F.
  • Joshua ISD (rural): math 52% / reading 50% proficiency, ranked #139 of 826 in TX (top 17%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
  • Zoned schools: H D Staples El (math 44% / reading 38%, grade F, #1,462 of 4,322 statewide, top 34%, 435 students, 65% FRL); R C Loflin Middle (math 41% / reading 45%, grade D-, #540 of 1,662 statewide, top 33%, 730 students, 55% FRL); Joshua H S (math 67% / reading 15%, grade F, #774 of 1,632 statewide, top 49%, 1,242 students, 44% FRL).
  • Market conditions: 503 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals lingering (median 35d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% of comp listings sitting > 30 days — soft ceiling on asking rent; 2,152 units permitted in Johnson County in 2024 (76 in 5+ unit buildings).
  • This rent runs 44% of the median local income ($67k/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.
  • Johnson County population projected at +24% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • Only 9 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

  • Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $234,999

Questions for the listing agent

  1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  2. 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.
  3. 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.
  4. 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
1.05%
Cap rate
7.93%
Cash-on-cash
5.83%
DSCR
1.26
GRM
8.0

CMA / ARV

ARV (median comp)
$281,655
List price
$234,999
Delta
-16.56%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
2128 Jesse James Ln 0.00mi 3/2.0 1,461 (-4%) 2mo $229,999 $157 92
2144 Jesse James Ln 0.16mi 3/2.0 1,461 (-4%) 3mo $219,849 $150 84
2152 Jesse James Ln 0.16mi 3/2.0 1,451 (-5%) 2mo $228,999 $158 83
2148 Jesse James Ln 0.16mi 4/2.0 (+1) 1,656 (+9%) 3mo $240,999 $146 70
2124 Jesse James Ln 0.16mi 3/2.0 1,311 (-14%) 2mo $238,999 $182 67
2200 Doc Holiday Rd 0.16mi 3/2.0 1,302 (-14%) 3mo $246,999 $190 66
2205 Doc Holiday Rd 0.16mi 4/2.0 (+1) 1,720 (+13%) 2mo $250,999 $146 64
2201 Doc Holiday Rd 0.16mi 4/2.0 (+1) 1,720 (+13%) 2mo $256,999 $149 64
2133 W Fm 917 0.38mi 3/1.0 1,456 (-4%) 11mo $245,000 $168 62
5824 Thousand Oaks Dr 0.56mi 4/2.0 (+1) 1,580 (+4%) 5mo $269,900 $171 58
2428 County Road 911 0.67mi 3/2.0 1,442 (-5%) 3mo $390,000 $270 58
2109 Timber Top Trl 0.61mi 3/2.5 1,680 (+10%) 0mo $220,000 $131 52

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
-7.3%
Equity multiple
0.73×
Total profit
$-17,674
Equity at exit
$35,039
10-year hold
IRR
2.3%
Equity multiple
1.17×
Total profit
$10,989
Equity at exit
$20,318

Cash invested: $65,800 (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.
Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

For sale now
21 active · 17 under contract
Months of supply
8.4 mo (12%/mo absorbed)
Median asking
$246,999 ($166/sqft)
Median days on market
8 d
This list price
19% of active listings are priced below it
ARV vs active asking
+11.5% above current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 76058

Home prices YoY
-24.5%
Active inventory
503
Price-to-rent
8.0×

Monthly cashflow live

Estimated rent
$2,461 medium interval (Pro) →
Mortgage (P&I)
$1,232
Tax est. 1.5%
$294 /mo · $3,525/yr
Insurance
$98
HOA
$0
Vacancy / Maint / Mgmt
$517
Net cashflow
$320

Break-even live

Break-even rent $2,056
Max offer price $234,999
Occupancy floor 82%

Sensitivity live

Price -10% $482 -5% $401 +0% $320 +5% $239 +10% $157
Rent -10% $125 -5% $223 +0% $320 +5% $417 +10% $514
Rate -1.0pp $438 -0.5pp $380 base $320 +0.5pp $259 +1.0pp $197

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
$58,750
Closing costs
$7,050
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 4 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1620 Glade Meadows Dr Joshua, TX 3.0 2.0 1788 $2,375 $1.33 0d 1 0.55mi
1612 Caddo Peak Trl Joshua, TX 3.0 3.0 1504 $2,650 $1.76 59d 1 1.10mi
133 Constitution Dr Joshua, TX 3.0 2.0 2121 $2,179 $1.03 9d 1 1.32mi
109 Independence Dr Joshua, TX 4.0 2.0 2116 $2,681 $1.27 34d 1 1.37mi

Listing history 6 events

  1. 2026-06-07
    days on market $234,999 Active 9 DOM
  2. 2026-06-04
    days on market $234,999 Active 6 DOM
  3. 2026-06-03
    days on market $234,999 Active 5 DOM
  4. 2026-06-02
    pricedays on market $234,999 Active 4 DOM
  5. 2026-06-01
    days on market $236,999 Active 3 DOM
  6. 2026-05-31
    days on market $236,999 Active 2 DOM

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

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 6/10 Major
  • 🌡 Heat 7/10 Severe 7 d/yr ≥109°F today · 24 d/yr by 30 yrs out
  • 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 1 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
$29,527
− Mortgage interest
−$13,164
− Property taxes
−$3,525
− Insurance
−$1,175
− Repairs & maintenance
−$2,362
− Management
−$2,362
− Depreciation
−$6,836
Taxable income
$102
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$25
After-tax cash flow
$3,813/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 Est. rehab $7,610–$22,830 screening

This single-level home is in good condition with a good condition score of 80. It has a good foundation, roof, and exterior, and the interior is clean and well-maintained. The kitchen and bathrooms may benefit from some updates to increase their value.

Value-add opportunities

  • Both Paint interior walls — Fresh paint can enhance curb appeal and interior aesthetics.
  • Both Replace kitchen countertops — New countertops can improve functionality and aesthetics.
  • Both Install smart home devices — Smart home devices can increase convenience and add value for both buyers and renters.

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 42/100

Zoned Schools

Elementary H D Staples El F TX #1,462/4,322 Nat'l #19,009/41,679 Middle R C Loflin Middle D- TX #540/1,662 Nat'l #5,160/14,009 High Joshua H S F TX #774/1,632 Nat'l #7,961/17,239

Schools (NCES district)

District
Joshua ISD
NCES district ID
4824930
Math proficiency
52% ▼ -7.00%
Reading proficiency
50% ▼ -1.00%
Median HH income
$60,696
Composite
44.65/100
National rank
#2769
State rank
#139 of 826 in TX
B Composite livability gradescore 79/100

Livability — Burleson

Score
79/100
State rank
#53
US rank
#2133

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Burleson, TX
County
Johnson · 179,678 people
City population
81,549
Metro
Dallas-Fort Worth-Arlington, TX
Population (ZIP)
21,531
Household income
$66,719
Rent vs Own
26.8% rent · 73.2% own
Severe rent burden
20% of renters

Population outlook (Johnson County) Hauer SSP2

Today (2025)
179,678 people
By 2030
189,208 · +5.3%
By 2040
207,261 · +15.4%
By 2050
223,064 · +24.1%
By 2075
259,979 · +44.7%
By 2100
275,395 · +53.3%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (67%)
Race & ethnicity
White 67% Hispanic / Latino 28% Two or more races 11% Black 2%
Hispanic origin (detail)
Mexican 26%
Common ancestry
Italian 2% Slovak 2% Portuguese 1%
Foreign-born
7% · Canada
Languages at home
80% English-only · Spanish 18% German/W. Germanic 1%

Political lean MEDSL · Johnson

2024 margin
Solid R (+51.4) · D 23.9% · R 75.3%
2008→2024 swing
-3.9pp toward R · 2008: -47.5pp · 2024: -51.4pp
All cycles
2024: R+51.4 2020: R+53.0 2016: R+58.3 2012: R+55.6 2008: R+47.5

Not yet ingested

Civics

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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