CashFlowRE
Sign in Sign up
701 Sherrill St
A- Composite 81.52
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 +5.5/10.0
  • Rent growth +3.9/5.0
  • Livability +3.0/5.0
  • Condition / age +2.5/5.0
  • Schools +1.6/10.0

$79,900

701 Sherrill St · West Orange, TX 77630
4 bd · 2.0 ba · 1,800 sqft · SingleFamily public records · 38 Days on market
Built 1959 $44/sqft · 43% below area Est $141k · 43% under

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

This 4-bedroom, 2-bath home offers a solid combination of space, and value. The home features a fenced backyard, storage building, and an attached 1-car garage — ideal for everyday use. Located in West Orange, this property offers convenient access to local amenities while maintaining a quiet residential setting.

Key facts

  • Storage building
  • Convenient access
  • Fenced backyard

Tags

FENCED BACKYARDSTORAGE BUILDINGCONVENIENT ACCESSQUIET RESIDENTIAL SETTING

Property features AI

Finance

  • Financial info: Lease not considered

Exterior

  • Parking: Attached garage (1 car)
  • Utilities: Public water; Public sewer
  • Home design: Residential property; Faces north; Built in 1959; Single-story (entry level not specified)
  • Construction: Brick and wood siding exterior; Slab foundation; Built-up and composition roof
  • Exterior features: Subdivision lot; Lot dimensions approximately 65 x 130

Interior

  • Kitchen: Microwave
  • Bedrooms: 5 total rooms (layout details not specified)
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Central heating (gas); Central electric air conditioning
  • Interior features: Kitchen-dining combo; Seller disclosure available

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 4-bed/2.0-bath single-family listed at $80k.

Deal economics

  • At list price, monthly cash flow is $97 ($1k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $80k).
  • Recommended offer: $78k (3.0% below list) — sets the bar for market timing.

Location & tenants

  • Location reads 60/100 on livability (#1,075 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A, health & safety A; Watch: crime C-, amenities F, commute F.
  • West Orange-Cove CISD (suburban): math 17% / reading 21% proficiency, ranked #784 of 826 in TX (top 95%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 79% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Zoned schools: West Orange-Stark El (math 14% / reading 17%, grade F, #3,990 of 4,322 statewide, top 93%, 1,130 students, 94% FRL); West Orange-Stark Middle (math 20% / reading 20%, grade F, #1,428 of 1,662 statewide, top 87%, 505 students, 92% FRL); West Orange-Stark H S (math 19% / reading 31%, grade F, #1,250 of 1,632 statewide, top 77%, 660 students, 88% FRL).
  • Market conditions: Rents rising fast (+5.7%/yr); 339 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% of comp listings sitting > 30 days — soft ceiling on asking rent; 235 units permitted in Orange County in 2024 (50 in 5+ unit buildings).

Forward outlook

  • In year one you build about $1k of equity ($552 loan paydown + $807 appreciation (1.0% local appreciation)).
  • Orange County population projected at +6% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
  • At projected returns (1.0% appreciation + 5.7% rent growth), your $22k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 38 days — a 3% lower offer ($78k) is reasonable based on typical stale-listing flexibility.
  • 6 sale attempts since 8y 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

  • Watch-outs: property tax is 4.0% of price; flood insurance adds $427/mo; built in 1959 — expect roof / HVAC / electrical / plumbing capex.
  • Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $77,503 (3.0% below list)

Questions for the listing agent

  1. It's been on market 38 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
  2. Built in 1959 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
  4. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. 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?
  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
1.97%
Cap rate
14.16%
Cash-on-cash
28.09%
DSCR
2.25
GRM
4.2

CMA / ARV

ARV (median comp)
$140,873
List price
$79,900
Delta
-43.28%
Verdict
UNDERPRICED
Comps
15 within 1.0 mi
Show comp detail 4 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
701 Sherrill St 0.00mi 4/2.0 1,800 (0%) 2mo $109,440 $61 98
2820 Smith St 0.51mi 3/2.0 (-1) 1,915 (+6%) 14mo $232,900 $122 49
1907 Irving St 0.50mi 3/1.5 (-1) 1,728 (-4%) 18mo $179,900 $104 48
1905 Crockett St 0.40mi 3/1.0 (-1) 1,572 (-13%) 14mo $139,999 $89 40

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

Projected returns pro-forma

1.01% appreciation · 5.71% rent growth · sell at horizon

5-year hold
IRR
10.6%
Equity multiple
1.56×
Total profit
$12,516
Equity at exit
$27,318
10-year hold
IRR
17.6%
Equity multiple
3.44×
Total profit
$54,605
Equity at exit
$36,335

Cash invested: $22,372 (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 77630

Home prices YoY
0.4%
Rents YoY
5.7%
Active inventory
339
Price-to-rent
4.2×

Monthly cashflow live

Estimated rent
$1,573 high interval (Pro) →
Mortgage (P&I)
$419
Tax from tax record
$266 /mo · $3,196/yr
Insurance
$33
Flood insurance flood zone
−$427 /mo · $5,118/yr
HOA
$0
Vacancy / Maint / Mgmt
$330
Net cashflow
$97

Break-even live

Break-even rent $1,450
Max offer price $79,900
Occupancy floor 89%

Sensitivity live

Price -10% $142 -5% $120 +0% $97 +5% $75 +10% $52
Rent -10% $-27 -5% $35 +0% $97 +5% $159 +10% $221
Rate -1.0pp $137 -0.5pp $118 base $97 +0.5pp $76 +1.0pp $55

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
$19,975
Closing costs
$2,397
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 6 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
2810 Gandy St West Orange, TX 3.0 2.0 1613 $1,700 $1.05 44d 1 0.49mi
2602 Tanglewood St West Orange, TX 4.0 2.0 1306 $1,250 $0.96 14d 1 0.88mi
205 Gloria St West Orange, TX 3.0 2.0 1225 $1,300 $1.06 44d 1 0.89mi
305 Rhode Island St Orange, TX 3.0 2.0 1430 $1,575 $1.10 14d 1 1.36mi
306 Bridal Wreath Ave Orange, TX 3.0 1.0 1529 $1,195 $0.78 22d 1 1.37mi
1120 28th St Orange, TX 3.0 1.0 1308 $1,500 $1.15 44d 1 1.47mi

Listing history 35 events

  1. 2026-06-21
    days on market $79,900 Active 38 DOM
  2. 2026-06-18
    days on market $79,900 Active 35 DOM
  3. 2026-06-17
    days on market $79,900 Active 34 DOM
  4. 2026-06-16
    days on market $79,900 Active 33 DOM
  5. 2026-06-15
    days on market $79,900 Active 32 DOM
  6. 2026-06-14
    days on market $79,900 Active 30 DOM
  7. 2026-06-13
    days on market $79,900 Active 29 DOM
  8. 2026-06-10
    days on market $79,900 Active 27 DOM
  9. 2026-06-09
    days on market $79,900 Active 26 DOM
  10. 2026-06-08
    days on market $79,900 Active 25 DOM
  11. 2026-06-07
    days on market $79,900 Active 24 DOM
  12. 2026-06-03
    days on market $79,900 Active 20 DOM
  13. 2026-06-02
    days on market $79,900 Active 19 DOM
  14. 2026-06-01
    days on market $79,900 Active 18 DOM
  15. 2026-05-31
    days on market $79,900 Active 17 DOM
  16. 2026-05-30
    days on market $79,900 Active 16 DOM
  17. 2026-05-14
    listed $79,900 Active 320-char remark
    Show marketing remark (320 chars)

    This 4-bedroom, 2-bath home offers a solid combination of space, and value. The home features a fenced backyard, storage building, and an attached 1-car garage — ideal for everyday use. Located in West Orange, this property offers convenient access to local amenities while maintaining a quiet residential setting.

  18. 2026-05-14
    listed $79,900 Active 320-char remark
    Show marketing remark (320 chars)

    This 4-bedroom, 2-bath home offers a solid combination of space, and value. The home features a fenced backyard, storage building, and an attached 1-car garage — ideal for everyday use. Located in West Orange, this property offers convenient access to local amenities while maintaining a quiet residential setting.

  19. 2026-04-13
    soldstatus Closed
    Show marketing remark (205 chars)

    Spacious with 4 bedrooms as well was living and den! Tile and laminate flooring, no carpet! Property is sold as-is, seller will not do repairs. Visit www. HUDHOMESTORE. gov and enter case number 512-418798

  20. 2026-04-13
    soldstatus Closed
    Show marketing remark (205 chars)

    Spacious with 4 bedrooms as well was living and den! Tile and laminate flooring, no carpet! Property is sold as-is, seller will not do repairs. Visit www. HUDHOMESTORE. gov and enter case number 512-418798

  21. 2026-03-12
    status Pending
    Show marketing remark (205 chars)

    Spacious with 4 bedrooms as well was living and den! Tile and laminate flooring, no carpet! Property is sold as-is, seller will not do repairs. Visit www. HUDHOMESTORE. gov and enter case number 512-418798

  22. 2026-03-12
    status Pending
    Show marketing remark (205 chars)

    Spacious with 4 bedrooms as well was living and den! Tile and laminate flooring, no carpet! Property is sold as-is, seller will not do repairs. Visit www. HUDHOMESTORE. gov and enter case number 512-418798

  23. 2025-12-29
    price $109,440
  24. 2025-12-27
    price $109,440
    Show marketing remark (205 chars)

    Spacious with 4 bedrooms as well was living and den! Tile and laminate flooring, no carpet! Property is sold as-is, seller will not do repairs. Visit www. HUDHOMESTORE. gov and enter case number 512-418798

  25. 2025-11-22
    price $120,960
    Show marketing remark (205 chars)

    Spacious with 4 bedrooms as well was living and den! Tile and laminate flooring, no carpet! Property is sold as-is, seller will not do repairs. Visit www. HUDHOMESTORE. gov and enter case number 512-418798

  26. 2025-10-22
    price $132,480
    Show marketing remark (205 chars)

    Spacious with 4 bedrooms as well was living and den! Tile and laminate flooring, no carpet! Property is sold as-is, seller will not do repairs. Visit www. HUDHOMESTORE. gov and enter case number 512-418798

  27. 2025-10-22
    price $132,480
    Show marketing remark (205 chars)

    Spacious with 4 bedrooms as well was living and den! Tile and laminate flooring, no carpet! Property is sold as-is, seller will not do repairs. Visit www. HUDHOMESTORE. gov and enter case number 512-418798

  28. 2025-09-09
    listed $144,000 Active
  29. 2025-09-06
    listed $144,000 Active
    Show marketing remark (205 chars)

    Spacious with 4 bedrooms as well was living and den! Tile and laminate flooring, no carpet! Property is sold as-is, seller will not do repairs. Visit www. HUDHOMESTORE. gov and enter case number 512-418798

  30. 2021-04-05
    soldstatus
  31. 2021-03-05
    soldstatus
  32. 2021-01-30
    listed $131,999
  33. 2018-11-07
    soldstatus
  34. 2018-11-01
    soldstatus
  35. 2018-10-15
    listed $59,900

ⓘ 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
$3,196 · $266/mo
Projected year-2 tax
$3,196 · $266/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 9/10 Extreme FEMA zone AE · 99% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 9/10 Extreme 7 d/yr ≥109°F today · 23 d/yr by 30 yrs out
  • 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 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
$18,872
− Mortgage interest
−$4,476
− Property taxes
−$3,196
− Insurance
−$5,518
− Repairs & maintenance
−$1,510
− Management
−$1,510
− Depreciation
−$2,324
Taxable income
$338
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$81
After-tax cash flow
$1,085/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
West Orange-Cove CISD
NCES district ID
4845090
Math proficiency
17% ▼ -7.00%
Reading proficiency
21% ▼ -2.00%
Median HH income
$37,329
Composite
15.86/100
National rank
#9260
State rank
#784 of 826 in TX

Livability — West Orange

Score
60/100
State rank
#1075
US rank
#19069

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
West Orange, TX
County
Orange County · 87,112 people
Metro
Beaumont-Port Arthur, TX
Population (ZIP)
28,983
Household income
$64,373
Rent vs Own
32.2% rent · 67.8% own
Severe rent burden
1018.0

Population outlook (Orange County) Hauer SSP2

Today (2025)
88,065 people
By 2030
89,591 · +1.7%
By 2040
91,982 · +4.4%
By 2050
93,023 · +5.6%
By 2075
94,871 · +7.7%
By 2100
88,155 · +0.1%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Majority White (64%)
Race & ethnicity
White 64% Black 21% Hispanic / Latino 11% Two or more races 9%
Hispanic origin (detail)
Mexican 7%
Common ancestry
Lithuanian 13% Italian 1% Slovak 1%
Foreign-born
5% · Canada
Languages at home
91% English-only · Spanish 7% French/Haitian/Cajun 1% Other Asian/Pacific 1%

Political lean MEDSL · Orange

2024 margin
Solid R (+66.8) · D 16.4% · R 83.1%
2008→2024 swing
-19.6pp toward R · 2008: -47.1pp · 2024: -66.8pp
All cycles
2024: R+66.8 2020: R+63.4 2016: R+61.9 2012: R+54.3 2008: R+47.1

Not yet ingested

Civics

Market trends

HPI YoY
▲ 1.01%
Current HPI
264.14
Rent YoY
▲ 5.71%
Metro
Beaumont-Port Arthur, TX
State GDP YoY
▲ 3.95%
F500 in state
110

Industry mix (Fortune 500 HQ in TX)

Industry F500 HQs Revenue

Price history

+33.4% since first listed
19 events — show timeline
  • 2026-05-14 Listed $79,900 BBOR
  • 2026-05-14 Listed $79,900 HARMLS
  • 2026-04-13 Sold (MLS) HARMLS
  • 2026-04-13 Sold (MLS) BBOR
  • 2026-03-12 Pending BBOR
  • 2026-03-12 Pending HARMLS
  • 2025-12-29 Price Changed $109,440 HARMLS
  • 2025-12-27 Price Changed $109,440 BBOR
  • 2025-11-22 Price Changed $120,960 BBOR
  • 2025-10-22 Price Changed $132,480 HARMLS
  • 2025-10-22 Price Changed $132,480 BBOR
  • 2025-09-09 Listed $144,000 HARMLS
  • 2025-09-06 Listed $144,000 BBOR
  • 2021-04-05 Sold (Public Records) Public Records
  • 2021-03-05 Sold (MLS) BBOR
  • 2021-01-30 Listed $131,999 BBOR
  • 2018-11-07 Sold (MLS) BBOR
  • 2018-11-01 Sold (Public Records) Public Records
  • 2018-10-15 Listed $59,900 BBOR

Property tax history

+4.2%/yr

Latest (2025): $3,196 · +2.3% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…