Adalynn Plan · Amarillo, TX 79118

$267,950

3 bd · 2.0 ba · 1,622 sqft · SingleFamily · 423 Days on market

Good condition

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Why this score? — see what drove the D 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 +12.0/30.0
• ARV discount +7.5/15.0
• Schools +5.0/10.0
• Rent growth +3.9/5.0
• Condition / age +3.8/5.0
• DSCR +3.6/10.0
• 1% rule +3.5/10.0
• Livability +3.3/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

The 1,600 square-foot Adalynn floor plan offers a spacious, well-designed layout with room to grow into what's next. Brick exteriorLuxury vinyl plank flooring in main areasOpen-concept kitchen, living, and dining areaGranite or quartz countertops throughoutSpacious kitchen island with bar seatingStainless steel appliancesEnclosed pantryThree additional storage closetsPrivate primary suite with large walk-in closetCovered back patio

Key facts

• Enclosed pantry
• Brick exterior
• Open-concept kitchen

Tags

• BRICK EXTERIOR
• LUXURY VINYL PLANK FLOORING
• OPEN-CONCEPT KITCHEN
• GRANITE OR QUARTZ COUNTERTOPS
• STAINLESS STEEL APPLIANCES
• ENCLOSED PANTRY

🏗️ New construction. Builder plan / spec listing (the home may be to-be-built); metrics use comparable previous sales.

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $268k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-61 ($-736/yr) — negative.
• To cash-flow at today's rent, offer at most $259k (3.3% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $227k (15.4% below list).
• Recommended offer: $227k (15.4% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 66/100 on livability (#624 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: amenities C-, schools D, crime F.
• Canyon ISD (town): math 60% / reading 54% proficiency, ranked #78 of 826 in TX (top 9%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: Rents rising fast (+5.5%/yr); 276 active listings in the ZIP; 2 comparable units currently listed for rent nearby; solid renter incomes; 45 units permitted in Randall County in 2024 (0 in 5+ unit buildings).
• This rent runs 31% of the median local income ($88k/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 $8k of value loss. Plan a longer hold.
• Randall County population projected at +36% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 423 days — a 12% lower offer ($236k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 2y ago 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: extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $226,629 (15.4% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 423 days. Have you received any prior offers? Is the seller open to a 15% concession, seller financing, or rate buy-down credit?
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: 0.85% ✗
• Cap rate: 6.02%
• Cash-on-cash: -0.98%
• DSCR: 0.96
• GRM: 9.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 5.52% rent growth · sell at horizon

5-year hold

• IRR: -15.1%
• Equity multiple: 0.45×
• Total profit: $-41,403
• Equity at exit: $39,952

10-year hold

• IRR: -2.8%
• Equity multiple: 0.79×
• Total profit: $-15,493
• Equity at exit: $23,167

Cash invested: $75,026 (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 79118

• Rents YoY: 5.5%
• Active inventory: 276
• Price-to-rent: 9.9×

Monthly cashflow live

• Estimated rent: $2,266 medium
• Mortgage (P&I): −$1,405
• Tax est. 1.5%: −$335 /mo · $4,019/yr
• Insurance: −$112
• HOA: −$0
• Vacancy / Maint / Mgmt: −$476
• Net cashflow: $-61

Break-even live

Break-even rent $2,344

Max offer price $259,069

Occupancy floor 98%

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: $66,988
• Closing costs: $8,038
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4400 Sunset St Amarillo, TX	3.0	2.0	1400	$2,125	$1.52	43d	1	0.23mi
10602 Stone Meadow Dr Amarillo, TX	3.0	2.0	1575	$2,200	$1.40	43d	1	0.31mi

Listing history 22 events

1. 2026-06-18
   days on market $267,950 Active 423 DOM
2. 2026-06-17
   days on market $267,950 Active 422 DOM
3. 2026-06-16
   days on market $267,950 Active 421 DOM
4. 2026-06-15
   days on market $267,950 Active 420 DOM
5. 2026-06-14
   days on market $267,950 Active 418 DOM
6. 2026-06-13
   days on market $267,950 Active 417 DOM
7. 2026-06-10
   days on market $267,950 Active 415 DOM
8. 2026-06-09
   days on market $267,950 Active 414 DOM
9. 2026-06-08
   days on market $267,950 Active 413 DOM
10. 2026-06-07
    days on market $267,950 Active 412 DOM
11. 2026-06-05
    days on market $267,950 Active 409 DOM
12. 2026-06-03
    days on market $267,950 Active 408 DOM
13. 2026-06-02
    days on market $267,950 Active 407 DOM
14. 2026-06-01
    days on market $267,950 Active 406 DOM
15. 2026-05-31
    days on market $267,950 Active 405 DOM
16. 2026-05-30
    days on market $267,950 Active 404 DOM
17. 2026-04-13
    price $267,950 435-char remark

    Show marketing remark (435 chars)

    The 1,600 square-foot Adalynn floor plan offers a spacious, well-designed layout with room to grow into what's next. Brick exteriorLuxury vinyl plank flooring in main areasOpen-concept kitchen, living, and dining areaGranite or quartz countertops throughoutSpacious kitchen island with bar seatingStainless steel appliancesEnclosed pantryThree additional storage closetsPrivate primary suite with large walk-in closetCovered back patio

18. 2025-10-18
    price $261,950 435-char remark

    Show marketing remark (435 chars)

    The 1,600 square-foot Adalynn floor plan offers a spacious, well-designed layout with room to grow into what's next. Brick exteriorLuxury vinyl plank flooring in main areasOpen-concept kitchen, living, and dining areaGranite or quartz countertops throughoutSpacious kitchen island with bar seatingStainless steel appliancesEnclosed pantryThree additional storage closetsPrivate primary suite with large walk-in closetCovered back patio

19. 2025-10-17
    status Active 435-char remark

    Show marketing remark (435 chars)

    The 1,600 square-foot Adalynn floor plan offers a spacious, well-designed layout with room to grow into what's next. Brick exteriorLuxury vinyl plank flooring in main areasOpen-concept kitchen, living, and dining areaGranite or quartz countertops throughoutSpacious kitchen island with bar seatingStainless steel appliancesEnclosed pantryThree additional storage closetsPrivate primary suite with large walk-in closetCovered back patio

20. 2025-05-17
    historical 435-char remark

    Show marketing remark (435 chars)

    The 1,600 square-foot Adalynn floor plan offers a spacious, well-designed layout with room to grow into what's next. Brick exteriorLuxury vinyl plank flooring in main areasOpen-concept kitchen, living, and dining areaGranite or quartz countertops throughoutSpacious kitchen island with bar seatingStainless steel appliancesEnclosed pantryThree additional storage closetsPrivate primary suite with large walk-in closetCovered back patio

21. 2025-01-16
    price $253,950 435-char remark

    Show marketing remark (435 chars)

    The 1,600 square-foot Adalynn floor plan offers a spacious, well-designed layout with room to grow into what's next. Brick exteriorLuxury vinyl plank flooring in main areasOpen-concept kitchen, living, and dining areaGranite or quartz countertops throughoutSpacious kitchen island with bar seatingStainless steel appliancesEnclosed pantryThree additional storage closetsPrivate primary suite with large walk-in closetCovered back patio

22. 2024-11-20
    listed $261,950 Active 435-char remark

    Show marketing remark (435 chars)

    The 1,600 square-foot Adalynn floor plan offers a spacious, well-designed layout with room to grow into what's next. Brick exteriorLuxury vinyl plank flooring in main areasOpen-concept kitchen, living, and dining areaGranite or quartz countertops throughoutSpacious kitchen island with bar seatingStainless steel appliancesEnclosed pantryThree additional storage closetsPrivate primary suite with large walk-in closetCovered back patio

ⓘ 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 3/10 Moderate
• 🌡 Heat 5/10 Major 7 d/yr ≥98°F today · 22 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $27,195
• − Mortgage interest: −$15,009
• − Property taxes: −$4,019
• − Insurance: −$1,340
• − Repairs & maintenance: −$2,176
• − Management: −$2,176
• − Depreciation: −$7,795
• Taxable loss: −$5,319
• Est. tax savings @ 24.0%: +$1,277
• After-tax cash flow: $540/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 · 2 photos

Good 75/100 Cosmetic rehab

The Adalynn plan is in good condition with a good exterior and interior. A fresh coat of paint and some landscaping would significantly enhance its curb appeal and value.

Value-add opportunities

• Both Paint exterior — Enhances curb appeal and resale value
• Both Landscaping — Improves curb appeal and rental value

Renovation cost estimate screening

Value-add ROI direction

• Both Paint exterior — Enhances curb appeal and resale value ↑
• Both Landscaping — Improves curb appeal and rental value ↑

ⓘ 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: Canyon ISD
• NCES district ID: 4812810
• Math proficiency: 60% ▼ -1.00%
• Reading proficiency: 54% ▼ -1.00%
• Median HH income: $65,177
• Composite: 50.07/100
• National rank: #1912
• State rank: #78 of 826 in TX

Livability — Amarillo

• Score: 66/100
• State rank: #624
• US rank: #11876

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Amarillo, TX
• County: Randall County · 137,351 people
• City population: 185,802
• Metro: Amarillo, TX
• Population (ZIP): 28,107
• Household income: $87,810
• Rent vs Own: 23.7% rent · 76.3% own
• Severe rent burden: 367.0

Population outlook (Randall County) Hauer SSP2

• Today (2025): 152,140 people
• By 2030: 163,107 · +7.2%
• By 2040: 184,999 · +21.6%
• By 2050: 206,948 · +36.0%
• By 2075: 260,204 · +71.0%
• By 2100: 294,980 · +93.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority White (57%)
• Race & ethnicity: White 57% Hispanic / Latino 35% Two or more races 18% Black 2% Asian 2% Native American 1%
• Hispanic origin (detail): Mexican 31%
• Common ancestry: Lithuanian 2% Italian 2% Slovak 2%
• Foreign-born: 6% · Canada, Vietnam
• Languages at home: 84% English-only · Spanish 14% Vietnamese 1% French/Haitian/Cajun 1%

Political lean MEDSL · Randall

• 2024 margin: Solid R (+60.4) · D 19.4% · R 79.8%
• 2008→2024 swing: +2.3pp toward D · 2008: -62.7pp · 2024: -60.4pp
• All cycles: 2024: R+60.4 2020: R+58.8 2016: R+65.1 2012: R+68.2 2008: R+62.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -111.59%
• Current HPI: 162.5206
• Rent YoY: ▲ 5.52%
• Metro: Amarillo, TX
• 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

+2.3% since first listed

6 events — show timeline

• 2026-04-13 Price Changed $267,950 Zillow
• 2025-10-18 Price Changed $261,950 Zillow
• 2025-10-17 Relisted — Zillow
• 2025-05-17 Delisted — Zillow
• 2025-01-16 Price Changed $253,950 Zillow
• 2024-11-20 Listed $261,950 Zillow