800 S 1st St · Haskell, TX
Flood risk 1/10 · Minimal
- FEMA flood zone
- —
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- —
Fire risk 2/10 · Minimal
- Est. fire insurance / yr
- $1,222 – $2,270
Heat risk 6/10 · Moderate
- Hot days now (above 107°F)
- 6 days/yr
- Hot days in 30 yrs
- 17 days/yr
Wind risk 3/10 · Minor
- Chance of severe wind over 30 yrs
- 8.0%
Air-quality risk 1/10 · Minimal
- Unhealthy air days now
- 0 days/yr
- Unhealthy air days in 30 yrs
- 0 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the A- 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 +30.0/30.0
- ARV discount +15.0/15.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- Appreciation +6.5/10.0
- Livability +3.4/5.0
- Schools +2.8/10.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
$49,900
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
This property offers a rare opportunity for restoration or redevelopment. The existing home may be restorable but will require extensive reconstruction or may be best suited for demolition. Do not enter the front porch, t is structurally compromised and unsafe. Situated on a spacious corner lot, the property includes a well-maintained storage building and a fenced backyard, adding value for future use. With city utilities available, this site is ideal for investors seeking a project with upside potential.
Key facts
- City utilities
- Storage building
- Fenced backyard
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath single-family listed at $50k.
Deal economics
- At list price, monthly cash flow is $617 ($7k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $50k).
- Recommended offer: $44k (12.0% below list) — sets the bar for market timing.
Location & tenants
- Location reads 67/100 on livability (#573 in TX) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: health & safety C-, schools D, amenities F.
- Haskell CISD (town): math 31% / reading 36% proficiency, ranked #561 of 826 in TX (top 68%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 63% free/reduced lunch — lower-income household profile, screen leases tightly.
- Market conditions: 45 active listings in the ZIP.
Forward outlook
- In year one you build about $2k of equity ($345 loan paydown + $2k appreciation (3.1% local appreciation)).
- Haskell County population projected at +6% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
- At projected returns (3.1% appreciation + 3.0% rent growth), your $14k cash investment doubles in ~2 years — after that, you're playing with house money.
Negotiation context
- It's been on market 239 days — a 12% lower offer ($44k) is reasonable based on typical stale-listing flexibility.
Risks & watch-outs
- Watch-outs: built in 1915 — expect roof / HVAC / electrical / plumbing capex.
- Climate carrying-cost: extreme-heat days projected 6→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 239 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1915 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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.
- 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.
- 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
- 2.32% ✓
- Cap rate
- 21.14%
- Cash-on-cash
- 53.02%
- DSCR
- 3.36
- GRM
- 3.6
CMA / ARV
- ARV (median comp)
- $70,833
- List price
- $49,900
- Delta
- -29.55%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 8 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 607 N 1st | 0.11mi | 2/1.0 (-1) | 1,204 (-7%) | 9mo | $72,500 | $60 | 71 |
| 503 N Ave F | 0.39mi | 2/1.0 (-1) | 1,304 (+1%) | 7mo | $71,000 | $54 | 69 |
| 306 N Avenue C | 0.46mi | 2/1.0 (-1) | 1,348 (+4%) | 1mo | $42,000 | $31 | 65 |
| 707 N 4th St | 0.26mi | 3/2.0 | 1,398 (+8%) | 10mo | $175,000 | $125 | 62 |
| 903 N H Ave | 0.58mi | 3/2.0 | 1,275 (-1%) | 6mo | $52,500 | $41 | 61 |
| 201 S Avenue D | 0.33mi | 2/1.0 (-1) | 1,184 (-8%) | 16mo | $27,500 | $23 | 52 |
| 926 N 6th St | 0.38mi | 3/2.0 | 1,389 (+8%) | 21mo | $99,900 | $72 | 48 |
| 1004 N 9th St | 0.60mi | 3/2.0 | 1,140 (-12%) | 7mo | $119,900 | $105 | 42 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
3.09% appreciation · 3.0% rent growth · sell at horizon
- IRR
- 58.2%
- Equity multiple
- 4.26×
- Total profit
- $45,561
- Equity at exit
- $22,697
- IRR
- 57.7%
- Equity multiple
- 8.64×
- Total profit
- $106,781
- Equity at exit
- $35,182
Cash invested: $13,972 (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
ZIP-level market 79521
- Home prices YoY
- 2.6%
- Active inventory
- 45
- Price-to-rent
- 3.6×
Monthly cashflow live
- Estimated rent
- $1,157 medium interval (Pro) →
- Mortgage (P&I)
- −$262
- Tax from tax record
- −$15 /mo · $175/yr
- Insurance
- −$21
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$243
- Net cashflow
- $617
Break-even live
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
- $12,475
- Closing costs
- $1,497
- 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.
Listing history 17 events
-
2026-06-18days on market $49,900 Active 239 DOM
-
2026-06-17days on market $49,900 Active 238 DOM
-
2026-06-16days on market $49,900 Active 237 DOM
-
2026-06-15days on market $49,900 Active 236 DOM
-
2026-06-13days on market $49,900 Active 234 DOM
-
2026-06-12days on market $49,900 Active 233 DOM
-
2026-06-10days on market $49,900 Active 230 DOM
-
2026-06-08days on market $49,900 Active 229 DOM
-
2026-06-08days on market $49,900 Active 228 DOM
-
2026-06-05days on market $49,900 Active 226 DOM
-
2026-06-03days on market $49,900 Active 224 DOM
-
2026-06-02days on market $49,900 Active 223 DOM
-
2026-06-01days on market $49,900 Active 222 DOM
-
2026-05-31days on market $49,900 Active 221 DOM
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2025-10-22$49,900 Active 511-char remark
Show marketing remark (511 chars)
This property offers a rare opportunity for restoration or redevelopment. The existing home may be restorable but will require extensive reconstruction or may be best suited for demolition. Do not enter the front porch, t is structurally compromised and unsafe. Situated on a spacious corner lot, the property includes a well-maintained storage building and a fenced backyard, adding value for future use. With city utilities available, this site is ideal for investors seeking a project with upside potential.
-
2020-05-06soldstatus
-
1996-06-19soldstatus
ⓘ 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
- $175 · $15/mo
- Projected year-2 tax
- $913 · $76/mo
- Expected delta
- +$738/yr (+$61/mo · 420.6%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low 0% chance over 30 yrs
- Wildfire 2/10 Low
- Heat 6/10 Major 6 d/yr ≥107°F today · 17 d/yr by 30 yrs out
- Wind 3/10 Moderate 8% chance of damaging wind over 30 yrs
- Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $13,890
- − Mortgage interest
- −$2,795
- − Property taxes
- −$175
- − Insurance
- −$250
- − Repairs & maintenance
- −$1,111
- − Management
- −$1,111
- − Depreciation
- −$1,452
- Taxable income
- $6,996
- Est. tax owed @ 24.0%
- −$1,679
- After-tax cash flow
- $5,729/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
- Haskell CISD
- NCES district ID
- 4822740
- Math proficiency
- 31% ▼ -18.00%
- Reading proficiency
- 36% ▼ -8.00%
- Median HH income
- $41,661
- Composite
- 28.29/100
- National rank
- #6791
- State rank
- #561 of 826 in TX
Livability — Haskell
- Score
- 67/100
- State rank
- #573
- US rank
- #10965
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Haskell, TX
- Population (ZIP)
- 3,470
Population outlook (Haskell County) Hauer SSP2
- Today (2025)
- 5,679 people
- By 2030
- 5,693 · +0.2%
- By 2040
- 5,769 · +1.6%
- By 2050
- 6,012 · +5.9%
- By 2075
- 6,792 · +19.6%
- By 2100
- 6,531 · +15.0%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (70%)
- Race & ethnicity
- White 70% Hispanic / Latino 22% Black 7% Two or more races 4%
- Hispanic origin (detail)
- Mexican 18%
- Common ancestry
- Serbian 4% Slovak 3% Lithuanian 2%
- Foreign-born
- 7% · Canada
- Languages at home
- 79% English-only · Spanish 19% Other Indo-European 1%
Political lean MEDSL · Haskell
- 2024 margin
- Solid R (+71.5) · D 13.9% · R 85.4%
- 2008→2024 swing
- -38.9pp toward R · 2008: -32.6pp · 2024: -71.5pp
- All cycles
- 2024: R+71.5 2020: R+67.2 2016: R+61.7 2012: R+43.4 2008: R+32.6
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▲ 3.09%
- Current HPI
- 121.407
- Rent YoY
- —
- Metro
- —
- State GDP YoY
- ▲ 3.95%
- F500 in state
- 110
Industry mix (Fortune 500 HQ in TX)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Energy | 16 | $1,198B |
|
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| Technology | 5 | $198B |
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| Engineering / Construction | 4 | $72B |
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| Energy Services | 3 | $60B |
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| Utilities | 3 | $41B |
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| Healthcare | 2 | $330B |
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Price history
3 events — show timeline
- 2025-10-22 Listed $49,900 NTREIS
- 2020-05-06 Sold (Public Records) — Public Records
- 1996-06-19 Sold (Public Records) — Public Records
Property tax history
-1.6%/yrLatest (2025): $175 · -54.2% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…