2315 NW Austin Dr · Lawton, OK 73505

$149,900

3 bd · 2.0 ba · 1,335 sqft · SingleFamily public records · 382 Days on market

Built 1964 9,800 sqft lot Est $129k · 16% over

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Why this score? — see what drove the F 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 +14.0/30.0
• DSCR +4.2/10.0
• Rent growth +3.8/5.0
• 1% rule +3.4/10.0
• Livability +3.2/5.0
• Condition / age +2.5/5.0
• Schools +2.0/10.0
• ARV discount +0.4/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Super clean - totally remodeled. 3 bedroom home with 1 3/4 baths, eat in kitchen - good sized living room and a 2 car garage. Close to elementary schools, shopping, restaurants and 10 minutes from Ft. Sill. Happy 2017. What a great start!

Key facts

• New appliances
• Prime locating
• Pet friendly

Tags

• NEW APPLIANCES
• WOOD VENEER FLOORING
• PET FRIENDLY
• PRIME LOCATING

Property features AI

Exterior

• Parking: Detached 2-car garage with garage door opener; Garage faces rear; Driveway and additional open parking (total 2 parking spaces, 2 covered)
• Security: Smoke detectors
• Utilities: Public water; Public sewer; Natural gas available
• Home design: Single-family residence; One story
• Construction: Brick veneer construction; Composition roof
• Exterior features: Chain link fencing; Public-maintained city street frontage; Lot dimensions approximately 140 x 70 (square feet)

Interior

• Kitchen: Cooktop; Microwave; Dishwasher; Garbage disposal; Refrigerator; Range hood
• Flooring: Ceramic tile; Laminate; Vinyl
• Bathrooms: 1 full bathroom; 1 half bathroom
• Heating & cooling: Natural gas heating; Central air conditioning; Electric cooling; Ceiling fans
• Interior features: Double-pane windows; Updated/remodeled condition; Crawl space
• Laundry & utility: Washer hookup; Washer and dryer included; Laundry area in garage; Gas water heater

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $150k.

Deal economics

• At list price, monthly cash flow is $18 ($220/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 $127k (15.6% below list).
• Recommended offer: $127k (15.6% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 63/100 on livability (#206 in OK) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: employment D, crime F, commute F.
• Lawton (urban): math 20% / reading 26% proficiency, ranked #137 of 270 in OK (top 51%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Eisenhower Es (math 32% / reading 27%, grade F, #255 of 845 statewide, top 35%, 380 students, 0% FRL); Eisenhower Ms (math 20% / reading 30%, grade F, #90 of 345 statewide, top 27%, 1,035 students, 0% FRL); Eisenhower Hs (math 19% / reading 29%, grade F, #215 of 447 statewide, top 48%, 1,350 students, 0% FRL) — zoned schools average 0% FRL vs 54% district-wide (54 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: Rents rising fast (+5.1%/yr); 403 active listings in the ZIP; 133 units permitted in Comanche County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Comanche County population projected to shrink 3% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• It's been on market 382 days — a 12% lower offer ($132k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 11y ago; this cycle's ask is 9893% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
• Current owner paid $125k; 20% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: major wildfire risk; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $126,506 (15.6% below list)

Questions for the listing agent

1. It's been on market 382 days. Have you received any prior offers? Is the seller open to a 16% concession, seller financing, or rate buy-down credit?
2. Built in 1964 — 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 D-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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
8. 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.
9. 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.
10. 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: 0.84% ✗
• Cap rate: 6.44%
• Cash-on-cash: 0.52%
• DSCR: 1.02
• GRM: 9.9

CMA / ARV

• ARV (on-the-fly): $129,495
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1707 NW 49th St	0.46mi	3/2.0	1,300 (-3%)	1mo	$165,000	$127	73
1650 NW 50th St	0.30mi	4/2.0 (+1)	1,300 (-3%)	6mo	$59,500	$46	72
4313 NW Pollard Ave	0.26mi	4/1.0 (+1)	1,400 (+5%)	1mo	$76,000	$54	70
1712 NW 49th St	0.41mi	3/1.0	1,300 (-3%)	4mo	$46,001	$35	70
4508 NW Denver Ave	0.33mi	4/2.0 (+1)	1,400 (+5%)	3mo	$155,000	$111	69
4811 NW Lindy Ave	0.25mi	3/2.0	1,200 (-10%)	4mo	$141,492	$118	68
1709 NW 50th St	0.41mi	3/1.5	1,400 (+5%)	5mo	$174,900	$125	67
4635 NW Lincoln Ave	0.25mi	3/1.5	1,200 (-10%)	4mo	$110,000	$92	66
1424 NW 50th St	0.55mi	3/2.0	1,400 (+5%)	5mo	$133,000	$95	62
2305 NW 43rd St	0.34mi	3/1.5	1,200 (-10%)	5mo	$65,000	$54	61
1703 NW 43rd St	0.48mi	3/2.0	1,200 (-10%)	2mo	$171,450	$143	59
5515 NW Alan A Dale Ln	0.72mi	4/2.0 (+1)	1,500 (+12%)	0mo	$145,000	$97	41

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 · 5.14% rent growth · sell at horizon

5-year hold

• IRR: -13.2%
• Equity multiple: 0.52×
• Total profit: $-20,354
• Equity at exit: $22,351

10-year hold

• IRR: -1.4%
• Equity multiple: 0.90×
• Total profit: $-4,352
• Equity at exit: $12,961

Cash invested: $41,972 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 83 Strongly Landlord-Friendly
• State Oklahoma: 83 Strongly Landlord-Friendly · R+20
• County: — inherits STATE
• City: — inherits STATE

5-day notice; strongly landlord-favorable.

Methodology + full state rankings →

ZIP-level market 73505

• Rents YoY: 5.1%
• Active inventory: 403
• Price-to-rent: 9.9×

Monthly cashflow live

• Estimated rent: $1,265 medium
• Mortgage (P&I): −$786
• Tax from tax record: −$132 /mo · $1,590/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$266
• Net cashflow: $18

Break-even live

Break-even rent $1,242

Max offer price $149,900

Occupancy floor 94%

Sensitivity live

Price	-10% $103	-5% $61	+0% $18	+5% $-24	+10% $-67
Rent	-10% $-82	-5% $-32	+0% $18	+5% $68	+10% $118
Rate	-1.0pp $94	-0.5pp $56	base $18	+0.5pp $-20	+1.0pp $-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: $37,475
• Closing costs: $4,497
• Reserves months: —
• Total cash needed: —

Listing history 18 events

1. 2026-05-19
   status Pending
2. 2025-10-10
   historical $1,500
3. 2025-10-01
   listed $1,500
4. 2025-09-19
   historical Active Under Contract
5. 2025-06-24
   price $149,900
6. 2025-06-05
   price $159,900
7. 2025-05-23
   price $168,000
8. 2025-05-01
   listed $178,000 Active
9. 2022-11-01
   soldstatus $124,900
10. 2022-10-24
    soldstatus $124,900
11. 2022-08-04
    listed $119,900
12. 2017-06-15
    soldstatus $78,000 238-char remark

    Show marketing remark (238 chars)

    Super clean - totally remodeled. 3 bedroom home with 1 3/4 baths, eat in kitchen - good sized living room and a 2 car garage. Close to elementary schools, shopping, restaurants and 10 minutes from Ft. Sill. Happy 2017. What a great start!

13. 2017-01-20
    listed $79,900 238-char remark

    Show marketing remark (238 chars)

    Super clean - totally remodeled. 3 bedroom home with 1 3/4 baths, eat in kitchen - good sized living room and a 2 car garage. Close to elementary schools, shopping, restaurants and 10 minutes from Ft. Sill. Happy 2017. What a great start!

14. 2015-04-14
    soldstatus $28,000
15. 2015-02-11
    listed $24,600
16. 2006-07-21
    soldstatus $85,000
17. 2003-01-06
    soldstatus $73,000
18. 2002-08-19
    soldstatus $37,000

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

Tax reassessment forecast OK · Resets to sale price

• Current annual tax: $1,590 · $132/mo
• Projected year-2 tax: $1,590 · $132/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 (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 6/10 Major
• 🌡 Heat 6/10 Major 7 d/yr ≥109°F today · 19 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: $15,181
• − Mortgage interest: −$8,397
• − Property taxes: −$1,590
• − Insurance: −$750
• − Repairs & maintenance: −$1,214
• − Management: −$1,214
• − Depreciation: −$4,361
• Taxable loss: −$2,345
• Est. tax savings @ 24.0%: +$563
• After-tax cash flow: $783/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: Lawton
• NCES district ID: 4017250
• Math proficiency: 20% ▼ -12.00%
• Reading proficiency: 26% ▼ -9.00%
• Median HH income: $42,618
• Composite: 19.68/100
• National rank: #8732
• State rank: #137 of 270 in OK

Livability — Lawton

• Score: 63/100
• State rank: #206
• US rank: #15131

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Lawton, OK
• County: Comanche County · 96,361 people
• City population: 89,233
• Metro: Lawton, OK
• Population (ZIP): 47,790
• Household income: $58,272
• Rent vs Own: 48.2% rent · 51.8% own
• Severe rent burden: 1986.0

Population outlook (Comanche County) Hauer SSP2

• Today (2025): 124,518 people
• By 2030: 124,231 · -0.2%
• By 2040: 122,193 · -1.9%
• By 2050: 120,368 · -3.3%
• By 2075: 120,492 · -3.2%
• By 2100: 123,113 · -1.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.70)
• Race & ethnicity: White 50% Black 17% Two or more races 16% Hispanic / Latino 16% Native American 4% Asian 3%
• Hispanic origin (detail): Mexican 11% Puerto Rican 2%
• Common ancestry: Lithuanian 2% Slovak 2% Romanian 1%
• Foreign-born: 6% · Canada, South Korea
• Languages at home: 88% English-only · Spanish 6% German/W. Germanic 2% Korean 1%

Political lean MEDSL · Comanche

• 2024 margin: Strong R (+23.3) · D 37.4% · R 60.7% · Other 1.9%
• 2008→2024 swing: -5.8pp toward R · 2008: -17.5pp · 2024: -23.3pp
• All cycles: 2024: R+23.3 2020: R+20.1 2016: R+23.7 2012: R+17.0 2008: R+17.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -134.88%
• Current HPI: 169.4524
• Rent YoY: ▲ 5.14%
• Metro: Lawton, OK
• State GDP YoY: ▲ 1.55%
• F500 in state: 6

Industry mix (Fortune 500 HQ in OK)

Industry	F500 HQs	Revenue
▸Energy	3	$48B

Price history

-95.9% since first listed

18 events — show timeline

• 2026-05-19 Pending — LBRMLS
• 2025-10-10 Rental Removed $1,500 APPFOLIO
• 2025-10-01 Listed for Rent $1,500 APPFOLIO
• 2025-09-19 Contingent — LBRMLS
• 2025-06-24 Price Changed $149,900 LBRMLS
• 2025-06-05 Price Changed $159,900 LBRMLS
• 2025-05-23 Price Changed $168,000 LBRMLS
• 2025-05-01 Listed $178,000 LBRMLS
• 2022-11-01 Sold (Public Records) $124,900 Public Records
• 2022-10-24 Sold (MLS) $124,900 LBRMLS
• 2022-08-04 Listed $119,900 LBRMLS
• 2017-06-15 Sold (MLS) $78,000 LBRMLS
• 2017-01-20 Listed $79,900 LBRMLS
• 2015-04-14 Sold (MLS) $28,000 LBRMLS
• 2015-02-11 Listed $24,600 LBRMLS
• 2006-07-21 Sold (Public Records) $85,000 Public Records
• 2003-01-06 Sold (Public Records) $73,000 Public Records
• 2002-08-19 Sold (Public Records) $37,000 Public Records

Property tax history

+5.7%/yr

Latest (2025): $1,590 · +4.7% YoY. Source: county tax records.