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503 W Ellwood Blvd
C+ Composite 60.1
Why this score? — see what drove the C+ 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 +21.1/30.0
  • Appreciation +8.0/10.0
  • ARV discount +7.5/15.0
  • 1% rule +7.1/10.0
  • DSCR +6.7/10.0
  • Livability +3.2/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Schools +1.5/10.0

$90,000

503 W Ellwood Blvd · Anton, TX 79313
2 bd · 2.0 ba · 1,623 sqft · SingleFamily public records · 25 Days on market
2.00 ac lot

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

Listing remarks MLS

This Home in Anton sits on 2 acres and It features 2 bedrooms, 2 (full) bathrooms, 2 living areas, 2 separate carports, a dining area, a utility room with a sink and counter space, a bonus room AND an underground shelter.

Key facts

  • Gazebo
  • Storm shelter
  • Covered back patio

Tags

STORM SHELTERSTORAGE SHEDSCARPORTSGAZEBOCOVERED BACK PATIO

Property features AI

Finance

  • Other: Property type: Residential — Single Family; Lot size: 2 acres; Zoned for single-family use

Exterior

  • Parking: Carport (2 spaces); Additional paved parking
  • Utilities: Public water; Public sewer; Electricity connected; Cable available and connected
  • Home design: Single-family residence; One story; Marked as fixer condition
  • Construction: Stucco and other construction materials; Metal roof; Pillar/post/pier foundation; Approximately 1,623 above-grade finished area
  • Exterior features: Covered patio/porch; Fenced yard with front and back yard and gated access; Paved road frontage (city street)

Interior

  • Kitchen: Gas water heater
  • Flooring: Other
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Wood stove heating; Wall/window cooling units
  • Interior features: Pantry; Fireplace (free-standing, wood burning) — located in the family room
  • Laundry & utility: Dedicated laundry room

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 2-bed/2.0-bath single-family listed at $90k.

Deal economics

  • At list price, monthly cash flow is $128 ($2k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $90k).
  • Recommended offer: $89k (1.5% below list) — sets the bar for market timing.

Location & tenants

  • Location reads 63/100 on livability (#877 in TX) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: health & safety C-, schools F, amenities F.
  • Anton ISD (rural): math 6% / reading 20% proficiency, ranked #1,121 of 1,141 in TX (top 98%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 62% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: 12 active listings in the ZIP; 7 units permitted in Hockley County in 2024 (0 in 5+ unit buildings).

Forward outlook

  • In year one you build about $6k of equity ($622 loan paydown + $5k appreciation (6.1% local appreciation)).
  • Hockley County population projected at +21% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (6.1% appreciation + 3.0% rent growth), your $25k cash investment doubles in ~4 years — after that, you're playing with house money.
  • By year 6, paydown + projected appreciation supports a ~$33k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • It's been on market 25 days — a 2% lower offer ($89k) is reasonable based on typical stale-listing flexibility.
  • 2 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

  • Watch-outs: property tax is 3.0% of price.
  • Climate carrying-cost: extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $88,650 (1.5% below list)

Questions for the listing agent

  1. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
  2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  3. 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?
  4. 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.
  5. 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.
  6. 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
1.21%
Cap rate
8.00%
Cash-on-cash
6.11%
DSCR
1.27
GRM
6.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

6.1% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
20.6%
Equity multiple
2.38×
Total profit
$34,771
Equity at exit
$57,136
10-year hold
IRR
19.8%
Equity multiple
4.81×
Total profit
$95,907
Equity at exit
$104,098

Cash invested: $25,200 (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 79313

Home prices YoY
5.3%
Active inventory
12
Price-to-rent
6.9×

Monthly cashflow live

Estimated rent
$1,092 medium interval (Pro) →
Mortgage (P&I)
$472
Tax from tax record
$225 /mo · $2,701/yr
Insurance
$38
HOA
$0
Vacancy / Maint / Mgmt
$229
Net cashflow
$128

Break-even live

Break-even rent $930
Max offer price $90,000
Occupancy floor 83%

Sensitivity live

Price -10% $179 -5% $154 +0% $128 +5% $103 +10% $77
Rent -10% $42 -5% $85 +0% $128 +5% $172 +10% $215
Rate -1.0pp $174 -0.5pp $151 base $128 +0.5pp $105 +1.0pp $81

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
$22,500
Closing costs
$2,700
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 16 events

  1. 2026-06-12
    statusdays on market $90,000 Pending 25 DOM
  2. 2026-06-09
    days on market $90,000 Active 22 DOM
  3. 2026-06-08
    days on market $90,000 Active 21 DOM
  4. 2026-06-08
    days on market $90,000 Active 20 DOM
  5. 2026-06-05
    days on market $90,000 Active 18 DOM
  6. 2026-06-03
    days on market $90,000 Active 16 DOM
  7. 2026-06-02
    days on market $90,000 Active 15 DOM
  8. 2026-06-01
    days on market $90,000 Active 14 DOM
  9. 2026-05-31
    days on market $90,000 Active 13 DOM
  10. 2026-05-18
    listed $90,000 Active
  11. 2021-10-29
    soldstatus 222-char remark
    Show marketing remark (222 chars)

    This Home in Anton sits on 2 acres and It features 2 bedrooms, 2 (full) bathrooms, 2 living areas, 2 separate carports, a dining area, a utility room with a sink and counter space, a bonus room AND an underground shelter.

  12. 2021-04-08
    listed $75,000 222-char remark
    Show marketing remark (222 chars)

    This Home in Anton sits on 2 acres and It features 2 bedrooms, 2 (full) bathrooms, 2 living areas, 2 separate carports, a dining area, a utility room with a sink and counter space, a bonus room AND an underground shelter.

  13. 2019-02-28
    soldstatus
  14. 2018-10-24
    soldstatus
  15. 2017-03-27
    soldstatus
  16. 1999-10-13
    soldstatus

ⓘ 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
$2,701 · $225/mo
Projected year-2 tax
$2,701 · $225/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 · 0% chance over 30 yrs
  • 🔥 Wildfire 4/10 Moderate
  • 🌡 Heat 5/10 Major 7 d/yr ≥99°F today · 20 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low
  • 🫁 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

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Taxation est. · year 1

Rental income
$13,107
− Mortgage interest
−$5,041
− Property taxes
−$2,701
− Insurance
−$450
− Repairs & maintenance
−$1,049
− Management
−$1,049
− Depreciation
−$2,618
Taxable income
$200
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$48
After-tax cash flow
$1,492/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
Anton ISD
NCES district ID
4808460
Math proficiency
6% ▼ -14.00%
Reading proficiency
20% ▬ 0.00%
Median HH income
$39,118
Composite
14.57/100
National rank
#14409
State rank
#1121 of 1141 in TX

Livability — Anton

Score
63/100
State rank
#877
US rank
#15794

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Anton, TX
City population
1,537
Population (ZIP)
1,537

Population outlook (Hockley County) Hauer SSP2

Today (2025)
25,295 people
By 2030
26,230 · +3.7%
By 2040
28,268 · +11.8%
By 2050
30,536 · +20.7%
By 2075
36,867 · +45.7%
By 2100
40,662 · +60.8%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.59)
Race & ethnicity
Hispanic / Latino 52% White 36% Two or more races 28% Black 7%
Hispanic origin (detail)
Mexican 50%
Common ancestry
Slovak 2%
Foreign-born
6% · Canada
Languages at home
72% English-only · Spanish 27% Vietnamese 1%

Political lean MEDSL · Hockley

2024 margin
Solid R (+66.3) · D 16.6% · R 82.8%
2008→2024 swing
-14.0pp toward R · 2008: -52.3pp · 2024: -66.3pp
All cycles
2024: R+66.3 2020: R+62.4 2016: R+62.3 2012: R+57.0 2008: R+52.3

Not yet ingested

Civics

Market trends

HPI YoY
▲ 6.10%
Current HPI
120.0991
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

+20.0% since first listed
7 events — show timeline
  • 2026-05-18 Listed $90,000 LARMLS
  • 2021-10-29 Sold (MLS) LARMLS
  • 2021-04-08 Listed $75,000 LARMLS
  • 2019-02-28 Sold (Public Records) Public Records
  • 2018-10-24 Sold (Public Records) Public Records
  • 2017-03-27 Sold (Public Records) Public Records
  • 1999-10-13 Sold (Public Records) Public Records

Property tax history

+12.6%/yr

Latest (2025): $2,701 · +55.1% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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