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705 Brook Ln
D- Composite 38.34
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 +11.2/30.0
  • ARV discount +10.3/15.0
  • DSCR +3.3/10.0
  • Schools +3.2/10.0
  • Livability +3.0/5.0
  • 1% rule +2.5/10.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$258,495

705 Brook Ln · Josephine, TX 75135
3 bd · 2.0 ba · 1,613 sqft · Other · 56 Days on market
Built 2025 7,405 sqft lot $160/sqft · 6% below area Est $276k · 6% under $63/mo HOA · 3% of rent ↓ 15% since listing

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome to 705 Brook, part of our Riverfield community in Josephine, TX. This beautiful Express Series home plan offers a blend of comfort and functionality, designed to accommodate a variety of lifestyles. The exterior of the home includes a custom and architecturally designed elevation. The front exterior of the home boasts divided light windows and a front facing garage with decorative hardware and handles on the garage door. Enter the home through the covered front porch that leads to the raised panel fiberglass insulated front door (decorative front door options are available for upgrade). Opening the door will lead you to a foyer entry that invites you to the rest of the home. The kitchen features 30" cabinets with hidden hinges, granite or quartz countertops, and stainless-steel appliances. The kitchen layout includes a built-in sink, dishwasher and large pantry for plenty of storage space. The large primary bedroom features an adjoined bathroom that will make getting ready in the mornings feel like a dream. The elongated vanity includes a sink, non-framed mirror and plenty of counter space. The primary bathroom also includes a walk-in shower and walk-in closet. This plan includes laminate wood plank in living areas and ½" carpet in bedrooms. Additional bonus features include a user-friendly smart home system and an innovative tech package. Photos shown here may not depict the specified home and features. Contact us today for more details!

Key facts

  • Led lighting
  • Island kitchen
  • Gourmet kitchens

Tags

ISLAND KITCHENGRANITE COUNTERSLED LIGHTINGFULL SPRINKLER SYSTEMOPEN-CONCEPT LIVINGGOURMET KITCHENS

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath other listed at $258k.

Deal economics

  • At list price, monthly cash flow is $-101 ($-1k/yr) — negative.
  • To cash-flow at today's rent, offer at most $241k (6.9% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $193k (25.4% below list).
  • Recommended offer: $193k (25.4% below list) — sets the bar for 1% rule.
  • Cap rate 5.8% vs local median 4.4% in Josephine — 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 60/100 on livability (#1,076 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A-; Watch: schools F, amenities F, commute F.
  • Community ISD (rural): math 30% / reading 38% proficiency, ranked #479 of 826 in TX (top 58%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: 312 active listings in the ZIP; 28 comparable units currently listed for rent nearby; rentals leasing fast (median 10d on market — plan ~1-2 weeks tenant-placement turnaround); 1,289 units permitted in Hunt County in 2024 (527 in 5+ unit buildings).

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.
  • Hunt County population projected at +15% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

  • It's been on market 56 days — a 3% lower offer ($251k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts; this cycle's ask has dropped $46k (15%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Recommended offer $192,757 (25.4% 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 56 days. Have you received any prior offers? Is the seller open to a 25% concession, seller financing, or rate buy-down credit?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  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. 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?
  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
0.75%
Cap rate
5.82%
Cash-on-cash
-1.68%
DSCR
0.93
GRM
11.2

CMA / ARV

ARV (median comp)
$275,742
List price
$258,495
Delta
-6.25%
Verdict
FAIR
Comps
20 within 1.0 mi

Projected returns pro-forma

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

5-year hold
IRR
-19.1%
Equity multiple
0.33×
Total profit
$-48,414
Equity at exit
$38,542
10-year hold
IRR
-11.8%
Equity multiple
0.30×
Total profit
$-50,757
Equity at exit
$22,350

Cash invested: $72,379 (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.

ZIP-level market 75135

Home prices YoY
-13.5%
Active inventory
312
Price-to-rent
11.2×

Monthly cashflow live

Estimated rent
$1,928 high interval (Pro) →
Mortgage (P&I)
$1,356
Tax from tax record
$98 /mo · $1,174/yr
Insurance
$108
HOA
$63
Vacancy / Maint / Mgmt
$405
Net cashflow
$-101

Break-even live

Break-even rent $2,056
Max offer price $240,589
Occupancy floor

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
$64,624
Closing costs
$7,755
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 28 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
601 Barlow Dr Caddo Mills, TX 4.0 3.0 2090 $2,075 $0.99 43d 1 0.11mi
1208 Riverbrook Ln Caddo Mills, TX 4.0 3.0 2088 $2,095 $1.00 43d 1 0.12mi
1216 Riverbrook Ln Caddo Mills, TX 3.0 2.0 1617 $2,000 $1.24 1d 1 0.14mi
304 Red Stream Way Caddo Mills, TX 3.0 2.0 1476 $1,800 $1.22 18d 1 0.28mi
305 Charmed Way Caddo Mills, TX 3.0 2.0 1481 $2,000 $1.35 1d 1 0.30mi
1164 Northfield Dr Caddo Mills, TX 3.0 2.0 1156 $1,700 $1.47 10d 1 0.36mi
1164 Northfield Dr Caddo Mills, TX 3.0 2.0 1156 $1,700 $1.47 1d 1 0.36mi
1144 Northfield Dr Caddo Mills, TX 3.0 2.0 1156 $1,700 $1.47 10d 1 0.36mi
1144 Northfield Dr Caddo Mills, TX 3.0 2.0 1156 $1,700 $1.47 1d 1 0.36mi
1165 Northfield Dr Caddo Mills, TX 3.0 2.0 1280 $1,595 $1.25 10d 1 0.38mi
1157 Northfield Dr Caddo Mills, TX 3.0 2.0 1156 $1,700 $1.47 15d 1 0.38mi
1157 Northfield Dr Caddo Mills, TX 3.0 2.0 1156 $1,700 $1.47 1d 1 0.38mi
1157 Northfield Dr Caddo Mills, TX 3.0 2.0 1156 $1,700 $1.47 12d 1 0.38mi
1177 Northfield Dr Caddo Mills, TX 3.0 2.0 1156 $1,700 $1.47 43d 1 0.38mi
1141 Northfield Dr Caddo Mills, TX 3.0 2.0 1280 $1,725 $1.35 43d 1 0.39mi
1413 Brook Ln Caddo Mills, TX 4.0 2.0 1572 $1,925 $1.22 12d 1 0.40mi
1413 Brook Ln Caddo Mills, TX 4.0 2.0 1572 $1,925 $1.22 10d 1 0.40mi
306 E Cook St Josephine, TX 3.0 2.0 1817 $2,100 $1.16 1d 1 1.04mi
717 Cottonwood WAY Josephine, TX 4.0 3.0 2073 $2,125 $1.03 1d 1 1.10mi
315 Pine Hollow Way Josephine, TX 4.0 3.0 2212 $2,300 $1.04 7d 1 1.14mi
464 N Greenville St Farmersville, TX 3.0 2.0 2000 $3,000 $1.50 1d 1 1.17mi
722 Windmill St Josephine, TX 4.0 2.0 1568 $2,190 $1.40 1d 1 1.21mi
800 Windmill St Josephine, TX 4.0 2.0 1843 $2,100 $1.14 7d 1 1.22mi
801 Meadow Creek Ln Josephine, TX 4.0 2.0 1757 $2,500 $1.42 4d 1 1.24mi
802 Turnbuckle Ct Royse City, TX 4.0 2.0 1577 $1,849 $1.17 43d 1 1.32mi
1004 Cotton Gin Ct Royse City, TX 4.0 2.0 1875 $1,850 $0.99 12d 1 1.37mi
1007 Cotton Gin Ct Royse City, TX 3.0 2.0 1611 $2,050 $1.27 43d 1 1.39mi
311 Milo Way Royse City, TX 4.0 2.0 2074 $2,200 $1.06 6d 1 1.46mi

HOA detail

Monthly dues
$63 · $756/yr
Likely covers
security

Listing history 12 events

  1. 2026-05-14
    price $258,495 1487-char remark
    Show marketing remark (1487 chars)

    Welcome to 705 Brook, part of our Riverfield community in Josephine, TX. This beautiful Express Series home plan offers a blend of comfort and functionality, designed to accommodate a variety of lifestyles. The exterior of the home includes a custom and architecturally designed elevation. The front exterior of the home boasts divided light windows and a front facing garage with decorative hardware and handles on the garage door. Enter the home through the covered front porch that leads to the raised panel fiberglass insulated front door (decorative front door options are available for upgrade). Opening the door will lead you to a foyer entry that invites you to the rest of the home. The kitchen features 30" cabinets with hidden hinges, granite or quartz countertops, and stainless-steel appliances. The kitchen layout includes a built-in sink, dishwasher and large pantry for plenty of storage space. The large primary bedroom features an adjoined bathroom that will make getting ready in the mornings feel like a dream. The elongated vanity includes a sink, non-framed mirror and plenty of counter space. The primary bathroom also includes a walk-in shower and walk-in closet. This plan includes laminate wood plank in living areas and ½" carpet in bedrooms. Additional bonus features include a user-friendly smart home system and an innovative tech package. Photos shown here may not depict the specified home and features. Contact us today for more details!

  2. 2026-05-13
    price $258,495 709-char remark
    Show marketing remark (709 chars)

    New! Beautiful single story, with open floor plan. Three bedrooms, two full baths. Home includes, island kitchen, granite counters throughout, LED lighting, full sprinkler system, professionally engineered post tension foundation, and so much more! D.R. Horton is now selling new homes at Riverfield, a beautiful community located in Josephine, TX. Riverfield offers a variety of floorplans to choose from, ranging in size from 1,294 to 2,645 square feet. All homes feature open-concept living, gourmet kitchens, and spacious backyards. Riverfield is conveniently located just minutes from Interstate 30, providing easy access to Rockwall and the DFW Metroplex. Give us a call today to schedule a model tour!

  3. 2026-05-12
    price $271,495 1487-char remark
    Show marketing remark (1487 chars)

    Welcome to 705 Brook, part of our Riverfield community in Josephine, TX. This beautiful Express Series home plan offers a blend of comfort and functionality, designed to accommodate a variety of lifestyles. The exterior of the home includes a custom and architecturally designed elevation. The front exterior of the home boasts divided light windows and a front facing garage with decorative hardware and handles on the garage door. Enter the home through the covered front porch that leads to the raised panel fiberglass insulated front door (decorative front door options are available for upgrade). Opening the door will lead you to a foyer entry that invites you to the rest of the home. The kitchen features 30" cabinets with hidden hinges, granite or quartz countertops, and stainless-steel appliances. The kitchen layout includes a built-in sink, dishwasher and large pantry for plenty of storage space. The large primary bedroom features an adjoined bathroom that will make getting ready in the mornings feel like a dream. The elongated vanity includes a sink, non-framed mirror and plenty of counter space. The primary bathroom also includes a walk-in shower and walk-in closet. This plan includes laminate wood plank in living areas and ½" carpet in bedrooms. Additional bonus features include a user-friendly smart home system and an innovative tech package. Photos shown here may not depict the specified home and features. Contact us today for more details!

  4. 2026-05-11
    price $271,495 709-char remark
    Show marketing remark (709 chars)

    New! Beautiful single story, with open floor plan. Three bedrooms, two full baths. Home includes, island kitchen, granite counters throughout, LED lighting, full sprinkler system, professionally engineered post tension foundation, and so much more! D.R. Horton is now selling new homes at Riverfield, a beautiful community located in Josephine, TX. Riverfield offers a variety of floorplans to choose from, ranging in size from 1,294 to 2,645 square feet. All homes feature open-concept living, gourmet kitchens, and spacious backyards. Riverfield is conveniently located just minutes from Interstate 30, providing easy access to Rockwall and the DFW Metroplex. Give us a call today to schedule a model tour!

  5. 2026-05-06
    status Active 1487-char remark
    Show marketing remark (1487 chars)

    Welcome to 705 Brook, part of our Riverfield community in Josephine, TX. This beautiful Express Series home plan offers a blend of comfort and functionality, designed to accommodate a variety of lifestyles. The exterior of the home includes a custom and architecturally designed elevation. The front exterior of the home boasts divided light windows and a front facing garage with decorative hardware and handles on the garage door. Enter the home through the covered front porch that leads to the raised panel fiberglass insulated front door (decorative front door options are available for upgrade). Opening the door will lead you to a foyer entry that invites you to the rest of the home. The kitchen features 30" cabinets with hidden hinges, granite or quartz countertops, and stainless-steel appliances. The kitchen layout includes a built-in sink, dishwasher and large pantry for plenty of storage space. The large primary bedroom features an adjoined bathroom that will make getting ready in the mornings feel like a dream. The elongated vanity includes a sink, non-framed mirror and plenty of counter space. The primary bathroom also includes a walk-in shower and walk-in closet. This plan includes laminate wood plank in living areas and ½" carpet in bedrooms. Additional bonus features include a user-friendly smart home system and an innovative tech package. Photos shown here may not depict the specified home and features. Contact us today for more details!

  6. 2026-04-09
    historical 1487-char remark
    Show marketing remark (1487 chars)

    Welcome to 705 Brook, part of our Riverfield community in Josephine, TX. This beautiful Express Series home plan offers a blend of comfort and functionality, designed to accommodate a variety of lifestyles. The exterior of the home includes a custom and architecturally designed elevation. The front exterior of the home boasts divided light windows and a front facing garage with decorative hardware and handles on the garage door. Enter the home through the covered front porch that leads to the raised panel fiberglass insulated front door (decorative front door options are available for upgrade). Opening the door will lead you to a foyer entry that invites you to the rest of the home. The kitchen features 30" cabinets with hidden hinges, granite or quartz countertops, and stainless-steel appliances. The kitchen layout includes a built-in sink, dishwasher and large pantry for plenty of storage space. The large primary bedroom features an adjoined bathroom that will make getting ready in the mornings feel like a dream. The elongated vanity includes a sink, non-framed mirror and plenty of counter space. The primary bathroom also includes a walk-in shower and walk-in closet. This plan includes laminate wood plank in living areas and ½" carpet in bedrooms. Additional bonus features include a user-friendly smart home system and an innovative tech package. Photos shown here may not depict the specified home and features. Contact us today for more details!

  7. 2026-04-08
    price $269,495 709-char remark
    Show marketing remark (1487 chars)

    Welcome to 705 Brook, part of our Riverfield community in Josephine, TX. This beautiful Express Series home plan offers a blend of comfort and functionality, designed to accommodate a variety of lifestyles. The exterior of the home includes a custom and architecturally designed elevation. The front exterior of the home boasts divided light windows and a front facing garage with decorative hardware and handles on the garage door. Enter the home through the covered front porch that leads to the raised panel fiberglass insulated front door (decorative front door options are available for upgrade). Opening the door will lead you to a foyer entry that invites you to the rest of the home. The kitchen features 30" cabinets with hidden hinges, granite or quartz countertops, and stainless-steel appliances. The kitchen layout includes a built-in sink, dishwasher and large pantry for plenty of storage space. The large primary bedroom features an adjoined bathroom that will make getting ready in the mornings feel like a dream. The elongated vanity includes a sink, non-framed mirror and plenty of counter space. The primary bathroom also includes a walk-in shower and walk-in closet. This plan includes laminate wood plank in living areas and ½" carpet in bedrooms. Additional bonus features include a user-friendly smart home system and an innovative tech package. Photos shown here may not depict the specified home and features. Contact us today for more details!

  8. 2026-04-08
    price $269,495 1487-char remark
    Show marketing remark (1487 chars)

    Welcome to 705 Brook, part of our Riverfield community in Josephine, TX. This beautiful Express Series home plan offers a blend of comfort and functionality, designed to accommodate a variety of lifestyles. The exterior of the home includes a custom and architecturally designed elevation. The front exterior of the home boasts divided light windows and a front facing garage with decorative hardware and handles on the garage door. Enter the home through the covered front porch that leads to the raised panel fiberglass insulated front door (decorative front door options are available for upgrade). Opening the door will lead you to a foyer entry that invites you to the rest of the home. The kitchen features 30" cabinets with hidden hinges, granite or quartz countertops, and stainless-steel appliances. The kitchen layout includes a built-in sink, dishwasher and large pantry for plenty of storage space. The large primary bedroom features an adjoined bathroom that will make getting ready in the mornings feel like a dream. The elongated vanity includes a sink, non-framed mirror and plenty of counter space. The primary bathroom also includes a walk-in shower and walk-in closet. This plan includes laminate wood plank in living areas and ½" carpet in bedrooms. Additional bonus features include a user-friendly smart home system and an innovative tech package. Photos shown here may not depict the specified home and features. Contact us today for more details!

  9. 2026-04-06
    price $306,495 709-char remark
    Show marketing remark (709 chars)

    New! Beautiful single story, with open floor plan. Three bedrooms, two full baths. Home includes, island kitchen, granite counters throughout, LED lighting, full sprinkler system, professionally engineered post tension foundation, and so much more! D.R. Horton is now selling new homes at Riverfield, a beautiful community located in Josephine, TX. Riverfield offers a variety of floorplans to choose from, ranging in size from 1,294 to 2,645 square feet. All homes feature open-concept living, gourmet kitchens, and spacious backyards. Riverfield is conveniently located just minutes from Interstate 30, providing easy access to Rockwall and the DFW Metroplex. Give us a call today to schedule a model tour!

  10. 2026-04-04
    price $306,495 1487-char remark
    Show marketing remark (1487 chars)

    Welcome to 705 Brook, part of our Riverfield community in Josephine, TX. This beautiful Express Series home plan offers a blend of comfort and functionality, designed to accommodate a variety of lifestyles. The exterior of the home includes a custom and architecturally designed elevation. The front exterior of the home boasts divided light windows and a front facing garage with decorative hardware and handles on the garage door. Enter the home through the covered front porch that leads to the raised panel fiberglass insulated front door (decorative front door options are available for upgrade). Opening the door will lead you to a foyer entry that invites you to the rest of the home. The kitchen features 30" cabinets with hidden hinges, granite or quartz countertops, and stainless-steel appliances. The kitchen layout includes a built-in sink, dishwasher and large pantry for plenty of storage space. The large primary bedroom features an adjoined bathroom that will make getting ready in the mornings feel like a dream. The elongated vanity includes a sink, non-framed mirror and plenty of counter space. The primary bathroom also includes a walk-in shower and walk-in closet. This plan includes laminate wood plank in living areas and ½" carpet in bedrooms. Additional bonus features include a user-friendly smart home system and an innovative tech package. Photos shown here may not depict the specified home and features. Contact us today for more details!

  11. 2026-03-31
    listed $304,495 Active 1487-char remark
    Show marketing remark (1487 chars)

    Welcome to 705 Brook, part of our Riverfield community in Josephine, TX. This beautiful Express Series home plan offers a blend of comfort and functionality, designed to accommodate a variety of lifestyles. The exterior of the home includes a custom and architecturally designed elevation. The front exterior of the home boasts divided light windows and a front facing garage with decorative hardware and handles on the garage door. Enter the home through the covered front porch that leads to the raised panel fiberglass insulated front door (decorative front door options are available for upgrade). Opening the door will lead you to a foyer entry that invites you to the rest of the home. The kitchen features 30" cabinets with hidden hinges, granite or quartz countertops, and stainless-steel appliances. The kitchen layout includes a built-in sink, dishwasher and large pantry for plenty of storage space. The large primary bedroom features an adjoined bathroom that will make getting ready in the mornings feel like a dream. The elongated vanity includes a sink, non-framed mirror and plenty of counter space. The primary bathroom also includes a walk-in shower and walk-in closet. This plan includes laminate wood plank in living areas and ½" carpet in bedrooms. Additional bonus features include a user-friendly smart home system and an innovative tech package. Photos shown here may not depict the specified home and features. Contact us today for more details!

  12. 2026-03-30
    listed $304,495 Active 709-char remark
    Show marketing remark (709 chars)

    New! Beautiful single story, with open floor plan. Three bedrooms, two full baths. Home includes, island kitchen, granite counters throughout, LED lighting, full sprinkler system, professionally engineered post tension foundation, and so much more! D.R. Horton is now selling new homes at Riverfield, a beautiful community located in Josephine, TX. Riverfield offers a variety of floorplans to choose from, ranging in size from 1,294 to 2,645 square feet. All homes feature open-concept living, gourmet kitchens, and spacious backyards. Riverfield is conveniently located just minutes from Interstate 30, providing easy access to Rockwall and the DFW Metroplex. Give us a call today to schedule a model tour!

ⓘ 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
$1,174 · $98/mo
Projected year-2 tax
$4,730 · $394/mo
Expected delta
+$3,556/yr (+$296/mo · 302.8%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$23,131
− Mortgage interest
−$14,480
− Property taxes
−$1,174
− Insurance
−$1,292
− Repairs & maintenance
−$1,850
− Management
−$1,850
− HOA
−$756
− Depreciation
−$7,520
Taxable loss
−$5,792
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,390
After-tax cash flow
$174/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
Community ISD
NCES district ID
4814850
Math proficiency
30% ▼ -23.00%
Reading proficiency
38% ▼ -11.00%
Median HH income
$71,841
Composite
31.58/100
National rank
#5951
State rank
#479 of 826 in TX

Livability — Josephine

Score
60/100
State rank
#1076
US rank
#19105

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Population (ZIP)
10,265

Population outlook (Hunt County) Hauer SSP2

Today (2025)
97,090 people
By 2030
100,452 · +3.5%
By 2040
106,544 · +9.7%
By 2050
111,218 · +14.6%
By 2075
121,695 · +25.3%
By 2100
123,683 · +27.4%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (67%)
Race & ethnicity
White 67% Hispanic / Latino 24% Two or more races 14% Black 3%
Hispanic origin (detail)
Mexican 21% Cuban 2%
Common ancestry
Lithuanian 4% Slovak 1% Italian 1%
Foreign-born
7% · Canada, South Korea
Languages at home
84% English-only · Spanish 13% Korean 1% German/W. Germanic 1%

Political lean MEDSL · Hunt

2024 margin
Solid R (+55.5) · D 21.9% · R 77.4%
2008→2024 swing
-14.9pp toward R · 2008: -40.6pp · 2024: -55.5pp
All cycles
2024: R+55.5 2020: R+52.5 2016: R+56.3 2012: R+51.2 2008: R+40.6

Not yet ingested

Civics

Market trends

HPI YoY
▼ -43.07%
Current HPI
275.2189
Rent YoY
Metro
State GDP YoY
▲ 3.95%
F500 in state
110

Industry mix (Fortune 500 HQ in TX)

Industry F500 HQs Revenue

Price history

-15.1% since first listed
12 events — show timeline
  • 2026-05-14 Price Changed $258,495 Zillow
  • 2026-05-13 Price Changed $258,495 NTREIS
  • 2026-05-12 Price Changed $271,495 Zillow
  • 2026-05-11 Price Changed $271,495 NTREIS
  • 2026-05-06 Relisted Zillow
  • 2026-04-09 Delisted Zillow
  • 2026-04-08 Price Changed $269,495 NTREIS
  • 2026-04-08 Price Changed $269,495 Zillow
  • 2026-04-06 Price Changed $306,495 NTREIS
  • 2026-04-04 Price Changed $306,495 Zillow
  • 2026-03-31 Listed $304,495 Zillow
  • 2026-03-30 Listed $304,495 NTREIS

Property tax history

-1.1%/yr

Latest (2025): $1,174 · -1.1% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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