5333 Lannister Ln · Edmond, OK 73007

$324,750

3 bd · 2.0 ba · 1,588 sqft · SingleFamily public records · 11 Days on market

Built 2020 6,290 sqft lot Est $321k · at est. $83/mo HOA · 4% of rent

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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).

• Appreciation +10.0/10.0
• Cash flow +7.4/30.0
• ARV discount +6.9/15.0
• Livability +3.9/5.0
• Schools +3.6/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +2.1/10.0
• DSCR +1.5/10.0

Listing remarks MLS

Amazingly stunning 3bed/2bath home in Edmond! Beautifully designed open floor plan with large living area with wood tile floors, fireplace & ceiling fan. Bright and spacious kitchen with island, granite counter tops, walk in pantry & appliances that include built in microwave, dishwasher, gas stove/oven combo. Master En-Suite has walk in closet, walk in shower, jetted tub & dual sink vanity. Secondary rooms have walk in closets & ceiling fans. Smart home technology (thermostat/alarm/doorbell camera), gas fireplace inside, wood burning fireplace outside & Bluetooth sprinkler system. The amenities for the community include gated entry and stocked fishing pond, as well as a playground, pool, pool house with exercise room, and basketball court which are to be completed this summer.

Key facts

• Massive island
• Open floor plan
• Dual vanities

Tags

• OPEN FLOOR PLAN
• MASSIVE ISLAND
• GRANITE COUNTERTOPS
• WALK-IN PANTRY
• DUAL VANITIES
• LARGE WALK-IN CLOSET

Property features AI

Finance

• Other: Property listed as existing; Living area recorded as 1,588 (assessor); Roof year 2020
• Financial info: Listing accepts cash, conventional, FHA/VA, and VA financing; Loan qualification possible; Property currently leased / occupied
• HOA & community: Mandatory association dues; Annual association fee approximately $1,000; Community amenities include gated entry, greenbelt, common area maintenance, pool, and recreation facility

Exterior

• Parking: Concrete parking; 2-car garage
• Utilities: No flood insurance indicated
• Home design: Single family residence; Residential property facing east; One story
• Construction: Brick and frame construction; Composition roof (roof updated in 2020); Slab foundation; Built by Homes by Taber
• Exterior features: Covered patio; Covered porch; Wood fence; Interior lot; Private outdoor pool

Interior

• Bedrooms: 3 bedrooms
• Bathrooms: 2 full bathrooms
• Interior features: One-level living; Living area includes one living area; Covered patio and covered porch; Rain gutters
• Laundry & utility: Storm shelter on garage floor

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $325k.

Deal economics

• At list price, monthly cash flow is $-422 ($-5k/yr) — negative.
• To cash-flow at today's rent, offer at most $250k (23.0% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $230k (29.2% below list).
• Recommended offer: $230k (29.2% below list) — sets the bar for 1% rule.
• Cap rate 4.7% vs local median 3.4% in Edmond — 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 78/100 on livability (#6 in OK, #2,383 nationally) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A+, crime A-; Watch: health & safety C-, commute F.
• Edmond (suburban): math 38% / reading 40% proficiency, ranked #11 of 270 in OK (top 4%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Will Rogers Es (math 32% / reading 31%, grade F, #241 of 845 statewide, top 29%, 642 students, 0% FRL); Sequoyah Ms (math 40% / reading 34%, grade F, #17 of 345 statewide, top 6%, 1,006 students, 0% FRL); Memorial Hs (math 44% / reading 56%, grade D+, #4 of 447 statewide, top 1%, 2,605 students, 0% FRL) — zoned schools average 0% FRL vs 22% district-wide (22 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: 192 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 5,365 units permitted in Oklahoma County in 2024 (569 in 5+ unit buildings).

Forward outlook

• In year one you build about $35k of equity ($2k loan paydown + $32k appreciation (10.0% local appreciation)).
• Oklahoma County population projected at +41% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 2, paydown + projected appreciation supports a ~$56k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 11 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts since 5y 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→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $230,000 (29.2% 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. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
5. 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?
6. 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.
7. 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.
8. 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: 0.71% ✗
• Cap rate: 4.73%
• Cash-on-cash: -5.57%
• DSCR: 0.75
• GRM: 11.8

CMA / ARV

• ARV (on-the-fly): $320,776
• Comps found: 6

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5316 Lannister Ln	0.03mi	3/2.0	1,582 (-0%)	17mo	$320,000	$202	84
8209 Lambert Way	0.19mi	3/2.0	1,518 (-4%)	2mo	$325,000	$214	82
5301 Lannister Ln	0.04mi	4/2.0 (+1)	1,655 (+4%)	8mo	$335,000	$202	80
5300 Lannister Ln	0.05mi	4/2.0 (+1)	1,700 (+7%)	9mo	$340,000	$200	74
5317 Lannister Ln	0.02mi	3/2.0	1,718 (+8%)	15mo	$327,495	$191	73
5233 Riverrun Ct	0.08mi	4/2.0 (+1)	1,655 (+4%)	14mo	$333,000	$201	72

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 20.3%
• Equity multiple: 2.65×
• Total profit: $150,024
• Equity at exit: $292,561

10-year hold

• IRR: 18.5%
• Equity multiple: 6.09×
• Total profit: $462,992
• Equity at exit: $630,918

Cash invested: $90,930 (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 73007

• Home prices YoY: 4.0%
• Active inventory: 192
• Price-to-rent: 11.8×

Monthly cashflow live

• Estimated rent: $2,300 medium
• Mortgage (P&I): −$1,703
• Tax from tax record: −$318 /mo · $3,812/yr
• Insurance: −$135
• HOA: −$83
• Vacancy / Maint / Mgmt: −$483
• Net cashflow: $-422

Break-even live

Break-even rent $2,834

Max offer price $250,208

Occupancy floor —

Sensitivity live

Price	-10% $-238	-5% $-330	+0% $-422	+5% $-514	+10% $-606
Rent	-10% $-604	-5% $-513	+0% $-422	+5% $-331	+10% $-240
Rate	-1.0pp $-258	-0.5pp $-339	base $-422	+0.5pp $-506	+1.0pp $-592

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: $81,188
• Closing costs: $9,742
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5216 Bing Cir Edmond, OK	3.0	2.0	1631	$2,300	$1.41	19d	1	0.13mi

HOA detail

• Monthly dues: $83 · $996/yr
• Likely covers: gaspoolsecurity

Listing history 26 events

1. 2026-06-22
   days on market $324,750 Active 11 DOM
2. 2026-06-21
   days on market $324,750 Active 10 DOM
3. 2026-06-18
   days on market $324,750 Active 7 DOM
4. 2026-06-17
   days on market $324,750 Active 6 DOM
5. 2026-06-16
   days on market $324,750 Active 5 DOM
6. 2026-06-15
   days on market $324,750 Active 4 DOM
7. 2026-06-13
   days on marketlisting id $324,750 Active 2 DOM
8. 2026-06-09
   days on market $324,750 Active 120 DOM
9. 2026-06-08
   days on market $324,750 Active 119 DOM
10. 2026-06-07
    days on market $324,750 Active 118 DOM
11. 2026-06-03
    days on market $324,750 Active 114 DOM
12. 2026-06-02
    days on market $324,750 Active 113 DOM
13. 2026-06-01
    days on market $324,750 Active 112 DOM
14. 2026-05-31
    days on market $324,750 Active 111 DOM
15. 2026-03-29
    price $330,999
16. 2026-02-09
    listed $335,999 Active
17. 2025-05-16
    historical $1,845
18. 2025-04-26
    listed $1,845
19. 2022-04-12
    soldstatus $299,000
20. 2022-04-07
    soldstatus $299,000 Sold 812-char remark

    Show marketing remark (812 chars)

    Amazingly stunning 3bed/2bath home in Edmond! Beautifully designed open floor plan with large living area with wood tile floors, fireplace & ceiling fan. Bright and spacious kitchen with island, granite counter tops, walk in pantry & appliances that include built in microwave, dishwasher, gas stove/oven combo. Master En-Suite has walk in closet, walk in shower, jetted tub & dual sink vanity. Secondary rooms have walk in closets & ceiling fans. Smart home technology (thermostat/alarm/doorbell camera), gas fireplace inside, wood burning fireplace outside & Bluetooth sprinkler system. The amenities for the community include gated entry and stocked fishing pond, as well as a playground, pool, pool house with exercise room, and basketball court which are to be completed this summer.

21. 2022-03-14
    status Pending 812-char remark

    Show marketing remark (812 chars)

    Amazingly stunning 3bed/2bath home in Edmond! Beautifully designed open floor plan with large living area with wood tile floors, fireplace & ceiling fan. Bright and spacious kitchen with island, granite counter tops, walk in pantry & appliances that include built in microwave, dishwasher, gas stove/oven combo. Master En-Suite has walk in closet, walk in shower, jetted tub & dual sink vanity. Secondary rooms have walk in closets & ceiling fans. Smart home technology (thermostat/alarm/doorbell camera), gas fireplace inside, wood burning fireplace outside & Bluetooth sprinkler system. The amenities for the community include gated entry and stocked fishing pond, as well as a playground, pool, pool house with exercise room, and basketball court which are to be completed this summer.

22. 2022-03-11
    listed $295,000 Active 812-char remark

    Show marketing remark (812 chars)

    Amazingly stunning 3bed/2bath home in Edmond! Beautifully designed open floor plan with large living area with wood tile floors, fireplace & ceiling fan. Bright and spacious kitchen with island, granite counter tops, walk in pantry & appliances that include built in microwave, dishwasher, gas stove/oven combo. Master En-Suite has walk in closet, walk in shower, jetted tub & dual sink vanity. Secondary rooms have walk in closets & ceiling fans. Smart home technology (thermostat/alarm/doorbell camera), gas fireplace inside, wood burning fireplace outside & Bluetooth sprinkler system. The amenities for the community include gated entry and stocked fishing pond, as well as a playground, pool, pool house with exercise room, and basketball court which are to be completed this summer.

23. 2021-02-19
    soldstatus $254,490 Sold 999-char remark

    Show marketing remark (999 chars)

    This Drake floor plan includes 1,745 Sq Ft of total living space, which includes 1,550 Sq Ft of indoor living space and 195 Sq Ft of outdoor living space. There is also a 360 Sq Ft, two car garage with storm shelter installed. Home has 3 bedrooms and 2 full bathroomsl Living area is an open concept to the kitchen, has a cozy gas ignition fireplace with stack stone detail. Kitchen has gorgeous lighting, 3 CM granite countertops, stainless steel appliances, & fun backsplash. Master suite includes a boxed ceiling with ambient lighting, ceiling fan, gorgeous bathroom with a closet full of space, double vanities, Jetta whirlpool tub, tiled walk in shower, & seasonal racks for extra storage. Home has a storm shelter installed, as well as some other cool amenities such as a security system, fresh air ventilation, air purification system, landscaped flower beds, covered front & back patio with fireplace, in ground sprinkler system, full fencing, and a Rinnai tankless water heater!

24. 2021-01-19
    historical 999-char remark

    Show marketing remark (999 chars)

    This Drake floor plan includes 1,745 Sq Ft of total living space, which includes 1,550 Sq Ft of indoor living space and 195 Sq Ft of outdoor living space. There is also a 360 Sq Ft, two car garage with storm shelter installed. Home has 3 bedrooms and 2 full bathroomsl Living area is an open concept to the kitchen, has a cozy gas ignition fireplace with stack stone detail. Kitchen has gorgeous lighting, 3 CM granite countertops, stainless steel appliances, & fun backsplash. Master suite includes a boxed ceiling with ambient lighting, ceiling fan, gorgeous bathroom with a closet full of space, double vanities, Jetta whirlpool tub, tiled walk in shower, & seasonal racks for extra storage. Home has a storm shelter installed, as well as some other cool amenities such as a security system, fresh air ventilation, air purification system, landscaped flower beds, covered front & back patio with fireplace, in ground sprinkler system, full fencing, and a Rinnai tankless water heater!

25. 2021-01-19
    listed $254,490 999-char remark

    Show marketing remark (999 chars)

    This Drake floor plan includes 1,745 Sq Ft of total living space, which includes 1,550 Sq Ft of indoor living space and 195 Sq Ft of outdoor living space. There is also a 360 Sq Ft, two car garage with storm shelter installed. Home has 3 bedrooms and 2 full bathroomsl Living area is an open concept to the kitchen, has a cozy gas ignition fireplace with stack stone detail. Kitchen has gorgeous lighting, 3 CM granite countertops, stainless steel appliances, & fun backsplash. Master suite includes a boxed ceiling with ambient lighting, ceiling fan, gorgeous bathroom with a closet full of space, double vanities, Jetta whirlpool tub, tiled walk in shower, & seasonal racks for extra storage. Home has a storm shelter installed, as well as some other cool amenities such as a security system, fresh air ventilation, air purification system, landscaped flower beds, covered front & back patio with fireplace, in ground sprinkler system, full fencing, and a Rinnai tankless water heater!

26. 2020-09-16
    soldstatus $46,000

ⓘ 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: $3,812 · $318/mo
• Projected year-2 tax: $3,812 · $318/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 4/10 Moderate
• 🌡 Heat 5/10 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 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $27,600
• − Mortgage interest: −$18,191
• − Property taxes: −$3,812
• − Insurance: −$1,624
• − Repairs & maintenance: −$2,208
• − Management: −$2,208
• − HOA: −$996
• − Depreciation: −$9,447
• Taxable loss: −$10,886
• Est. tax savings @ 24.0%: +$2,613
• After-tax cash flow: $-2,451/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: Edmond
• NCES district ID: 4010590
• Math proficiency: 38% ▼ -12.00%
• Reading proficiency: 40% ▼ -12.00%
• Median HH income: $73,212
• Composite: 35.88/100
• National rank: #4814
• State rank: #11 of 270 in OK

Livability — Edmond

• Score: 78/100
• State rank: #6
• US rank: #2383

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Edmond, OK
• City population: 177,083
• Population (ZIP): 2,945

Population outlook (Oklahoma County) Hauer SSP2

• Today (2025): 911,875 people
• By 2030: 982,413 · +7.7%
• By 2040: 1,130,468 · +24.0%
• By 2050: 1,288,422 · +41.3%
• By 2075: 1,711,482 · +87.7%
• By 2100: 2,088,448 · +129.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (80%)
• Race & ethnicity: White 80% Two or more races 15% Hispanic / Latino 5% Black 2%
• Common ancestry: Lithuanian 5% Romanian 3% Italian 2%
• Foreign-born: 2% · Canada
• Languages at home: 94% English-only · Spanish 2% Other Asian/Pacific 1%

Political lean MEDSL · Oklahoma

• 2024 margin: Toss-up / Even · D 48.0% · R 49.7% · Other 2.3%
• 2008→2024 swing: +15.1pp toward D · 2008: -16.8pp · 2024: -1.7pp
• All cycles: 2024: R+1.7 2020: R+1.1 2016: R+10.5 2012: R+16.7 2008: R+16.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 12.99%
• Current HPI: 336.6015
• Rent YoY: —
• Metro: —
• 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

+619.6% since first listed

12 events — show timeline

• 2026-03-29 Price Changed $330,999 MLSOK
• 2026-02-09 Listed $335,999 MLSOK
• 2025-05-16 Rental Removed $1,845 APPFOLIO
• 2025-04-26 Listed for Rent $1,845 APPFOLIO
• 2022-04-12 Sold (Public Records) $299,000 Public Records
• 2022-04-07 Sold (MLS) $299,000 MLSOK
• 2022-03-14 Pending — MLSOK
• 2022-03-11 Listed $295,000 MLSOK
• 2021-02-19 Sold (MLS) $254,490 MLSOK
• 2021-01-19 Listing Removed — MLSOK
• 2021-01-19 Listed $254,490 MLSOK
• 2020-09-16 Sold (Public Records) $46,000 Public Records

Property tax history

+141.9%/yr

Latest (2025): $3,812 · +0.9% YoY. Source: county tax records.