418 S 5th St · Temple, TX 76504

$45,000

2 bd · 1.0 ba · 1,071 sqft · SingleFamily public records · 31 Days on market

Built 1921 4,068 sqft lot

---

Why this score? — see what drove the B- 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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Livability +3.8/5.0
• Schools +2.7/10.0
• Rent growth +2.6/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Opportunity awaits with this corner lot property located near downtown Temple. Existing structure offers potential for rehab, redevelopment, or possible tear-down, depending on buyer goals. Conveniently situated within walking distance to downtown amenities, restaurants, and local businesses, with nearby commercial properties adding to the area's evolving potential. Buyer to perform all due diligence regarding zoning, permitted uses, development potential, condition, financing terms, and restrictions. Property is being sold as-is. Use caution when viewing the property; entry is at buyer's own risk. Buyers and agents are responsible for their own safety during showings and should be aware of

Key facts

• Corner lot property
• 4,068 sq ft lot
• 4 parking spots

Tags

• CORNER LOT PROPERTY
• WALKING DISTANCE TO DOWNTOWN

Property features AI

Exterior

• Parking: Detached carport; Carport present; Off-street parking; Alley access; Total parking for 4 vehicles
• Utilities: Electricity available; Natural gas available; Public water; Public sewer
• Home design: Single-story; Faces east; Entry on main level
• Construction: Brick and wood siding exterior; Pillar/post/pier foundation; Built (year per public records)
• Exterior features: Porch; Chain link fencing; Corner lot

Interior

• Kitchen: Kitchen on the main level
• Bedrooms: 2 main-level bedrooms; Additional bonus room on the main level
• Flooring: Carpet; Linoleum
• Bathrooms: 1 full bathroom (main level)
• Interior features: See remarks

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $45k.

Deal economics

• At list price, monthly cash flow is $664 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $45k).
• Recommended offer: $44k (3.0% below list) — sets the bar for market timing.
• Cap rate 24.0% vs local median 3.6% in Temple — 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 75/100 on livability (#122 in TX, #3,814 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: schools C-, commute C-, crime D+.
• Temple ISD (urban): math 32% / reading 31% proficiency, ranked #590 of 826 in TX (top 71%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 66% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents flat; 276 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 3,222 units permitted in Bell County in 2024 (246 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $311 of loan paydown is wiped out by about $1k of value loss. Plan a longer hold.
• Bell County population projected at +21% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 0.3% rent growth), your $13k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 31 days — a 3% lower offer ($44k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: built in 1921 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 66% chance of damaging wind over 30y; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $43,650 (3.0% below list)

Questions for the listing agent

1. It's been on market 31 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 1921 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Crime grade is D 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?
5. 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.
6. 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.
7. 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: 2.74% ✓
• Cap rate: 24.00%
• Cash-on-cash: 63.24%
• DSCR: 3.81
• GRM: 3.0

CMA / ARV

• ARV (on-the-fly): $140,301
• Comps found: 6

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1202 S 7th St	0.51mi	2/1.0	1,064 (-1%)	4mo	$139,000	$131	72
914 S 2nd St	0.43mi	3/2.0 (+1)	1,081 (+1%)	1mo	$165,000	$153	69
918 S 19th St	0.57mi	2/2.0	1,128 (+5%)	7mo	$89,000	$79	55
806 S 23rd St	0.61mi	2/1.0	973 (-9%)	8mo	$55,000	$57	50
718 S 19th St	0.48mi	3/2.0 (+1)	1,000 (-7%)	20mo	$61,000	$61	41
1506 S 11th St	0.74mi	3/1.5 (+1)	1,056 (-1%)	22mo	$185,000	$175	37

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

Projected returns pro-forma

-3.0% appreciation · 0.33% rent growth · sell at horizon

5-year hold

• IRR: 59.2%
• Equity multiple: 3.52×
• Total profit: $31,788
• Equity at exit: $6,710

10-year hold

• IRR: 63.0%
• Equity multiple: 6.53×
• Total profit: $69,650
• Equity at exit: $3,891

Cash invested: $12,600 (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 76504

• Rents YoY: 0.3%
• Active inventory: 276
• Price-to-rent: 3.0×

Monthly cashflow live

• Estimated rent: $1,234 high
• Mortgage (P&I): −$236
• Tax est. 1.5%: −$56 /mo · $675/yr
• Insurance: −$19
• HOA: −$0
• Vacancy / Maint / Mgmt: −$259
• Net cashflow: $664

Break-even live

Break-even rent $394

Max offer price $45,000

Occupancy floor 41%

Sensitivity live

Price	-10% $695	-5% $680	+0% $664	+5% $648	+10% $633
Rent	-10% $567	-5% $615	+0% $664	+5% $713	+10% $762
Rate	-1.0pp $687	-0.5pp $675	base $664	+0.5pp $652	+1.0pp $640

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: $11,250
• Closing costs: $1,350
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4 N 4th St Temple, TX	1.0	1.0	752	$1,400	$1.86	44d	1	0.46mi
1002 S 2nd St Temple, TX	3.0	1.0	1064	$1,325	$1.25	22d	1	0.46mi
1101 S 3rd St Temple, TX	3.0	1.0	1404	$1,200	$0.85	24d	1	0.47mi
814 S Martin Luther King Blvd Temple, TX	3.0	2.0	1035	$1,100	$1.06	14d	1	0.51mi
1117 S 9th St Unit B Temple, TX	3.0	1.0	900	$850	$0.94	24d	1	0.51mi
15 S 10th St Temple, TX	3.0	1.0	916	$950	$1.04	44d	1	0.58mi
806 S 23rd St Temple, TX	3.0	2.0	1000	$1,445	$1.45	14d	1	0.62mi
1205 S 17th St Temple, TX	2.0	1.0	840	$625	$0.74	24d	1	0.64mi
902 S 23rd St Temple, TX	3.0	1.0	1040	$1,200	$1.15	24d	1	0.65mi
1407 S 5th St Temple, TX	3.0	2.5	1300	$1,465	$1.13	14d	1	0.69mi
701 East Avenue A Unit A Temple, TX	3.0	2.0	1090	$1,349	$1.24	14d	1	0.69mi
205 N 21st St Temple, TX	3.0	1.0	950	$998	$1.05	44d	1	0.69mi
420 S 27th St Temple, TX	2.0	2.0	1200	$1,395	$1.16	14d	1	0.70mi
505 S 16th St Temple, TX	3.0	2.0	1090	$1,070	$0.98	14d	1	0.71mi
509 S 16th St Temple, TX	3.0	2.0	1090	$1,065	$0.98	14d	1	0.71mi
1404 West Ave E Unit A Temple, TX	1.0	1.0	800	$895	$1.12	14d	1	0.71mi
1404 West Ave E Unit B Temple, TX	1.0	1.0	800	$995	$1.24	14d	1	0.71mi
1020 S 12th St Unit 12th St unit 1020 A Temple, TX	3.0	2.5	1355	$1,475	$1.09	44d	1	0.71mi
703 S 16th St Temple, TX	3.0	2.0	1090	$1,035	$0.95	14d	1	0.73mi
708 Henderson St Temple, TX	3.0	2.0	1090	$1,025	$0.94	14d	1	0.76mi
503 Henderson St Temple, TX	3.0	2.0	1090	$1,015	$0.93	14d	1	0.76mi
1305 S 21st St Temple, TX	2.0	1.0	900	$1,150	$1.28	44d	1	0.77mi
1511 S 11th St Temple, TX	2.0	1.0	735	$1,095	$1.49	14d	1	0.77mi
1518 S 7th St Temple, TX	2.0	1.0	965	$1,100	$1.14	24d	1	0.77mi
518 S Knob St Unit B Temple, TX	3.0	2.0	1090	$1,015	$0.93	14d	1	0.79mi
1201 S 25th St Temple, TX	2.0	1.0	852	$1,265	$1.48	24d	1	0.80mi
1219 S 10th St Temple, TX	3.0	1.0	1080	$1,050	$0.97	44d	1	0.80mi
1214 S 12th St Unit 12th St unit 1214 A Temple, TX	3.0	2.5	1355	$1,475	$1.09	44d	1	0.83mi
1407 Martin Luther King Junior Ln Unit A Temple, TX	3.0	2.5	1300	$1,700	$1.31	44d	1	0.83mi
1615 S 11th St Temple, TX	2.0	1.0	1076	$1,995	$1.85	14d	1	0.85mi
1001 S 29th St Temple, TX	3.0	1.0	1080	$1,400	$1.30	24d	1	0.86mi
603 East Avenue M Unit B Temple, TX	3.0	1.0	900	$945	$1.05	44d	1	0.86mi
717 N 3rd St Temple, TX	3.0	2.0	1281	$1,695	$1.32	22d	1	0.87mi
209 S 18th St Unit A Temple, TX	3.0	2.0	1250	$1,550	$1.24	24d	1	0.87mi
209 S 18th St Temple, TX	3.0	2.5	1250	$1,400	$1.12	44d	1	0.87mi
209 S 18th St Unit A Temple, TX	3.0	2.0	1250	$1,550	$1.24	14d	1	0.87mi
619 N 8th St Unit a Temple, TX	3.0	2.0	872	$999	$1.15	14d	1	0.89mi
804 N 9th St Temple, TX	1.0	1.0	850	$1,025	$1.21	24d	1	0.91mi
903 S 18th St Temple, TX	3.0	2.0	1144	$1,295	$1.13	14d	1	0.94mi
1809 S 13th St Temple, TX	3.0	1.5	1172	$1,350	$1.15	44d	1	0.98mi

Listing history 18 events

1. 2026-06-18
   days on market $45,000 Active 31 DOM
2. 2026-06-17
   days on market $45,000 Active 30 DOM
3. 2026-06-16
   days on market $45,000 Active 29 DOM
4. 2026-06-15
   days on market $45,000 Active 28 DOM
5. 2026-06-14
   days on market $45,000 Active 26 DOM
6. 2026-06-10
   pricedays on market $45,000 Active 23 DOM
7. 2026-06-09
   days on market $59,900 Active 22 DOM
8. 2026-06-09
   remarks 699-char remark
9. 2026-06-08
   days on market $59,900 Active 21 DOM
10. 2026-06-07
    days on market $59,900 Active 20 DOM
11. 2026-06-03
    days on market $59,900 Active 16 DOM
12. 2026-06-02
    days on market $59,900 Active 15 DOM
13. 2026-06-01
    days on market $59,900 Active 14 DOM
14. 2026-05-31
    days on market $59,900 Active 13 DOM
15. 2026-05-30
    days on market $59,900 Active 12 DOM
16. 2026-05-18
    listed $70,000 Active
17. 2026-03-24
    soldstatus
18. 2026-02-04
    soldstatus

ⓘ 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 8/10 Severe 7 d/yr ≥108°F today · 24 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 66% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,810
• − Mortgage interest: −$2,521
• − Property taxes: −$675
• − Insurance: −$225
• − Repairs & maintenance: −$1,185
• − Management: −$1,185
• − Depreciation: −$1,309
• Taxable income: $7,711
• Est. tax owed @ 24.0%: −$1,851
• After-tax cash flow: $6,117/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: Temple ISD
• NCES district ID: 4842330
• Math proficiency: 32% ▼ -8.00%
• Reading proficiency: 31% ▼ -4.00%
• Median HH income: $43,120
• Composite: 26.8/100
• National rank: #7123
• State rank: #590 of 826 in TX

Livability — Temple

• Score: 75/100
• State rank: #122
• US rank: #3814

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Temple, TX
• County: Bell County · 345,090 people
• City population: 96,587
• Metro: Killeen-Temple, TX
• Population (ZIP): 26,166
• Household income: $52,803
• Rent vs Own: 68.6% rent · 31.4% own
• Severe rent burden: 1489.0

Population outlook (Bell County) Hauer SSP2

• Today (2025): 371,114 people
• By 2030: 389,104 · +4.8%
• By 2040: 420,592 · +13.3%
• By 2050: 447,779 · +20.7%
• By 2075: 499,130 · +34.5%
• By 2100: 505,680 · +36.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.65)
• Race & ethnicity: White 49% Hispanic / Latino 29% Black 15% Two or more races 14% Asian 1%
• Hispanic origin (detail): Mexican 24% Puerto Rican 2%
• Common ancestry: Italian 2% Romanian 2% Lithuanian 1%
• Foreign-born: 8% · Canada
• Languages at home: 81% English-only · Spanish 17% Other Indo-European 1%

Political lean MEDSL · Bell

• 2024 margin: R (+16.2) · D 41.3% · R 57.6% · Other 1.1%
• 2008→2024 swing: -6.5pp toward R · 2008: -9.8pp · 2024: -16.2pp
• All cycles: 2024: R+16.2 2020: R+8.5 2016: R+15.1 2012: R+16.4 2008: R+9.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -159.28%
• Current HPI: 186.1148
• Rent YoY: ▲ 0.33%
• Metro: Killeen-Temple, 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

3 events — show timeline

• 2026-05-18 Listed $70,000 Unlock MLS
• 2026-03-24 Sold (Public Records) — Public Records
• 2026-02-04 Sold (Public Records) — Public Records

Property tax history

+11.4%/yr

Latest (2025): $2,349 · +22.5% YoY. Source: county tax records.