6737 Lakeside Dr · Lake Worth, TX 76135

$160,000

3 bd · 1.0 ba · 1,325 sqft · SingleFamily public records · 77 Days on market

Built 1953 0.26 ac lot $121/sqft · 26% below area Est $216k · 26% under

---

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 +25.1/30.0
• ARV discount +15.0/15.0
• DSCR +8.2/10.0
• 1% rule +7.1/10.0
• Livability +3.6/5.0
• Rent growth +2.6/5.0
• Condition / age +2.5/5.0
• Schools +1.4/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Light, bright, and full of potential in the heart of Lake Worth! This 2-bedroom, 1-bath home offers 1,325 square feet with a functional layout and multiple living that give the home a spacious feel. Situated on an oversized lot with mature trees. Detached 2-car garage (approx. 19x19) with power that would be perfect for a workshop, additional storage, or future customization. This home needs some TLC and is being sold AS IS — seller will not make repairs. Priced accordingly, this is a great opportunity for investors, DIY buyers, or anyone looking to add value and build equity. Affordable entry point with strong upside, you don’t want to miss this one. Conveniently located just minutes from Lake Worth, major highways, shopping, and dining. Buyer will be responsible for a new survey if needed.

Key facts

• Functional layout
• Oversized lot
• Mature trees

Tags

• OVERSIZED LOT
• MATURE TREES
• DETACHED GARAGE
• FUNCTIONAL LAYOUT
• MULTIPLE LIVING AREAS

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $160k.

Deal economics

• At list price, monthly cash flow is $355 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $160k).
• Recommended offer: $150k (6.0% below list) — sets the bar for market timing.
• Cap rate 9.0% vs local median 5.3% in Lake Worth — 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 72/100 on livability (#269 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: schools F, crime F, commute F.
• Lake Worth ISD (suburban): math 12% / reading 22% proficiency, ranked #801 of 826 in TX (top 97%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 73% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents flat; 157 active listings in the ZIP; 28 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); 18,938 units permitted in Tarrant County in 2024 (8,336 in 5+ unit buildings).
• This rent runs 31% of the median local income ($75k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Tarrant County population projected at +41% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 77 days — a 6% lower offer ($150k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: built in 1953 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $150,400 (6.0% below list)

Questions for the listing agent

1. It's been on market 77 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1953 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. Crime grade is F 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?
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: 1.21% ✓
• Cap rate: 8.96%
• Cash-on-cash: 9.51%
• DSCR: 1.42
• GRM: 6.9

CMA / ARV

• ARV (median comp): $216,170
• List price: $160,000
• Delta: -25.98%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
6800 Wallis Rd	0.10mi	3/1.0	1,200 (-9%)	5mo	$230,000	$192	76
6804 Lakeside Dr	0.04mi	3/2.0	1,154 (-13%)	1mo	$230,000	$199	72
4501 Norris Valley Dr	0.42mi	3/2.0	1,291 (-3%)	2mo	$208,000	$161	70
4536 Hodgkins Rd	0.18mi	3/2.0	1,442 (+9%)	5mo	$269,900	$187	69
4809 Maryannes Meadow Dr	0.47mi	3/2.0	1,418 (+7%)	1mo	$199,900	$141	62
6401 Loydhill Ln	0.69mi	3/2.0	1,299 (-2%)	0mo	$249,975	$192	60
4809 Brianhill Dr	0.59mi	3/2.0	1,239 (-6%)	1mo	$199,900	$161	57
3900 Caddo Trl	0.69mi	3/1.0	1,414 (+7%)	1mo	$249,900	$177	56
6725 Rhea Ridge Dr	0.47mi	3/1.0	1,131 (-15%)	1mo	$230,000	$203	53
3908 Tejas Trl	0.64mi	2/2.0 (-1)	1,410 (+6%)	0mo	$219,750	$156	50
4012 Tejas Trl	0.55mi	4/2.0 (+1)	1,410 (+6%)	6mo	$244,985	$174	50
6704 Charbonneau Rd	0.72mi	2/1.0 (-1)	1,392 (+5%)	6mo	$235,000	$169	48

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 · 0.48% rent growth · sell at horizon

5-year hold

• IRR: -4.9%
• Equity multiple: 0.82×
• Total profit: $-8,025
• Equity at exit: $23,857

10-year hold

• IRR: 1.3%
• Equity multiple: 1.08×
• Total profit: $3,765
• Equity at exit: $13,834

Cash invested: $44,800 (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 76135

• Home prices YoY: -17.3%
• Rents YoY: 0.5%
• Active inventory: 157
• Price-to-rent: 6.9×

Monthly cashflow live

• Estimated rent: $1,932 high
• Mortgage (P&I): −$839
• Tax from tax record: −$266 /mo · $3,190/yr
• Insurance: −$67
• HOA: −$0
• Vacancy / Maint / Mgmt: −$406
• Net cashflow: $355

Break-even live

Break-even rent $1,483

Max offer price $160,000

Occupancy floor 77%

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: $40,000
• Closing costs: $4,800
• Reserves months: —
• Total cash needed: —

Rent comps 28 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4400 Hodgkins Rd Lake Worth, TX	4.0	1.0	1788	$2,000	$1.12	21d	1	0.15mi
4804 Deal Dr Fort Worth, TX	3.0	2.0	1325	$1,995	$1.51	6d	1	0.43mi
4920 Lemon Grove Dr Fort Worth, TX	3.0	2.0	1608	$2,075	$1.29	21d	1	0.46mi
6424 Canyon Trl Fort Worth, TX	3.0	2.0	1801	$2,160	$1.20	13d	1	0.47mi
4809 Maryannes Meadow Dr Fort Worth, TX	3.0	2.5	1418	$2,200	$1.55	7d	1	0.48mi
7104 Foster Dr Fort Worth, TX	4.0	2.0	1476	$1,925	$1.30	7d	1	0.51mi
4025 Caddo Trl Fort Worth, TX	3.0	2.0	1382	$1,750	$1.27	44d	1	0.56mi
4109 Ridgecrest Cir Lake Worth, TX	3.0	2.0	1640	$1,850	$1.13	21d	1	0.57mi
4009 Caddo Trl Fort Worth, TX	3.0	1.0	1237	$1,850	$1.50	44d	1	0.60mi
4009 Shawnee Trl Fort Worth, TX	3.0	2.0	1496	$1,801	$1.20	44d	1	0.64mi
3901 Dakota Trl Fort Worth, TX	3.0	2.0	1481	$1,990	$1.34	44d	1	0.65mi
6251 Shadydell Dr Fort Worth, TX	2.0	1.0	1009	$1,695	$1.68	18d	1	0.75mi
3465 Vista Highlands Ln Fort Worth, TX	3.0	2.5	1708	$2,200	$1.29	44d	1	0.92mi
6721 Lake Overlook Dr Fort Worth, TX	3.0	2.0	1602	$2,400	$1.50	44d	1	0.93mi
6201 Azle Ave Fort Worth, TX	1.0–3.0	1.0–2.0	1039	$2,176	$2.09	1d	23	0.97mi
6655 Calgary Ln Fort Worth, TX	1.0–3.0	1.0–2.0	949	$1,359	$1.43	44d	1	1.04mi
5947 Shadydell Dr Fort Worth, TX	2.0	1.5	1088	$1,350	$1.24	21d	1	1.06mi
5935 Shadydell Dr Fort Worth, TX	2.0	1.5	1088	$1,300	$1.19	25d	1	1.09mi
4729 Oarlock Dr Fort Worth, TX	3.0	2.0	1384	$1,700	$1.23	13d	1	1.09mi
4517 Compass Ct Fort Worth, TX	2.0	2.0	1012	$1,700	$1.68	19d	1	1.12mi
4517 Compass Ct Fort Worth, TX	2.0	2.0	981	$1,700	$1.73	2d	1	1.12mi
5911 Shadydell Dr Fort Worth, TX	2.0	1.5	1088	$1,350	$1.24	25d	1	1.15mi
5837 Shadydell Dr Fort Worth, TX	2.0	1.5	1155	$1,500	$1.30	22d	1	1.23mi
5829 Shadydell Dr Fort Worth, TX	2.0	1.5	1088	$1,400	$1.29	25d	1	1.24mi
5825 Shadydell Dr #5829 Fort Worth, TX	2.0	1.5	1088	$1,400	$1.29	25d	1	1.25mi
3217 Huron Trl Fort Worth, TX	3.0	2.0	1108	$1,850	$1.67	44d	1	1.30mi
5743 Shadydell Dr Fort Worth, TX	3.0	2.0	1012	$1,795	$1.77	25d	1	1.38mi
7521 Pawnee Trl Lake Worth, TX	2.0	2.0	972	$1,600	$1.65	3d	1	1.46mi

Listing history 17 events

1. 2026-06-18
   days on market $160,000 Active 77 DOM
2. 2026-06-17
   days on market $160,000 Active 76 DOM
3. 2026-06-16
   days on market $160,000 Active 75 DOM
4. 2026-06-15
   days on market $160,000 Active 74 DOM
5. 2026-06-13
   days on market $160,000 Active 72 DOM
6. 2026-06-13
   days on market $160,000 Active 71 DOM
7. 2026-06-09
   pricedays on market $160,000 Active 68 DOM
8. 2026-06-08
   days on market $175,555 Active 67 DOM
9. 2026-06-07
   days on market $175,555 Active 66 DOM
10. 2026-06-04
    days on market $175,555 Active 63 DOM
11. 2026-06-03
    days on market $175,555 Active 62 DOM
12. 2026-06-02
    days on market $175,555 Active 61 DOM
13. 2026-06-02
    price $175,555 Active 60 DOM
14. 2026-06-01
    days on market $199,999 Active 60 DOM
15. 2026-05-31
    days on market $199,999 Active 59 DOM
16. 2026-04-02
    listed $199,999 Active 815-char remark

    Show marketing remark (815 chars)

    Light, bright, and full of potential in the heart of Lake Worth! This 2-bedroom, 1-bath home offers 1,325 square feet with a functional layout and multiple living that give the home a spacious feel. Situated on an oversized lot with mature trees. Detached 2-car garage (approx. 19x19) with power that would be perfect for a workshop, additional storage, or future customization. This home needs some TLC and is being sold AS IS — seller will not make repairs. Priced accordingly, this is a great opportunity for investors, DIY buyers, or anyone looking to add value and build equity. Affordable entry point with strong upside, you don’t want to miss this one. Conveniently located just minutes from Lake Worth, major highways, shopping, and dining. Buyer will be responsible for a new survey if needed.

17. 2003-11-04
    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: $3,190 · $266/mo
• Projected year-2 tax: $3,190 · $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 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 7/10 Severe 7 d/yr ≥109°F today · 23 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 24% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,189
• − Mortgage interest: −$8,962
• − Property taxes: −$3,190
• − Insurance: −$800
• − Repairs & maintenance: −$1,855
• − Management: −$1,855
• − Depreciation: −$4,655
• Taxable income: $1,871
• Est. tax owed @ 24.0%: −$449
• After-tax cash flow: $3,811/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: Lake Worth ISD
• NCES district ID: 4826490
• Math proficiency: 12% ▼ -13.00%
• Reading proficiency: 22% ▼ -5.00%
• Median HH income: $39,451
• Composite: 14.38/100
• National rank: #9436
• State rank: #801 of 826 in TX

Livability — Lake Worth

• Score: 72/100
• State rank: #269
• US rank: #6300

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Lake Worth, TX
• County: Tarrant County · 2,033,669 people
• Metro: Dallas-Fort Worth-Arlington, TX
• Population (ZIP): 19,445
• Household income: $74,621
• Rent vs Own: 39.1% rent · 60.9% own
• Severe rent burden: 798.0

Population outlook (Tarrant County) Hauer SSP2

• Today (2025): 2,380,417 people
• By 2030: 2,578,900 · +8.3%
• By 2040: 2,974,995 · +25.0%
• By 2050: 3,350,489 · +40.8%
• By 2075: 4,216,909 · +77.2%
• By 2100: 4,741,527 · +99.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority White (63%)
• Race & ethnicity: White 63% Hispanic / Latino 26% Two or more races 11% Black 8%
• Hispanic origin (detail): Mexican 22%
• Common ancestry: Italian 2% Romanian 2% Russian 2%
• Foreign-born: 7% · Canada, Jamaica
• Languages at home: 80% English-only · Spanish 19% Russian/Polish/Slavic 1%

Political lean MEDSL · Tarrant

• 2024 margin: Lean R (+5.1) · D 46.7% · R 51.9% · Other 1.4%
• 2008→2024 swing: +6.6pp toward D · 2008: -11.7pp · 2024: -5.1pp
• All cycles: 2024: R+5.1 2020: D+0.2 2016: R+8.7 2012: R+15.7 2008: R+11.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -63.93%
• Current HPI: 305.0929
• Rent YoY: ▲ 0.48%
• Metro: Dallas-Fort Worth-Arlington, 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

2 events — show timeline

• 2026-04-02 Listed $199,999 NTREIS
• 2003-11-04 Sold (Public Records) — Public Records

Property tax history

+3.0%/yr

Latest (2025): $3,190 · +8.1% YoY. Source: county tax records.