22240 Deval Ln · Coffee City, TX 75763

$244,000

3 bd · 2.0 ba · 1,408 sqft · SingleFamily public records · 146 Days on market

Built 1980 0.69 ac lot $173/sqft · 15% below area Est $286k · 15% under ↓ 2% since listing

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Why this score? — see what drove the D 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).

• ARV discount +14.1/15.0
• Appreciation +10.0/10.0
• Cash flow +5.4/30.0
• Schools +3.7/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +0.7/10.0
• DSCR +0.0/10.0

Listing remarks MLS

Lake Views + Shop & Space to Enjoy! Discover peaceful living near beautiful Lake Palestine. This charming 3-bedroom, 2-bath home offers lake views and comfortable living in a quiet Frankston setting just 20 minutes from Tyler. Inside, you’ll find a cozy layout featuring an inviting living room, functional kitchen, and a bright enclosed patio/sunroom, perfect for relaxing year-round. One of the standout features of this property is the impressive 1,280 sq ft shop with loft storage, ideal for hobbies, projects, equipment, or boat and lake-toy storage. A garden shed provides additional outdoor storage. The . 69-acre yard offers space for gardening, outdoor entertaining, or simply enjoying the peaceful East Texas surroundings. Plus, the private community boat launch is just around the corner, making it easy to enjoy time on Lake Palestine whenever you like. Recent improvements have been completed, and the home has been appraised above value for VA financing, giving buyers added confidence. Whether you're looking for a full-time home, weekend getaway, or investment opportunity, this property offers great value and a relaxed East Texas lifestyle close to the lake.

Key facts

• Fully fenced
• 280 sq ft shop
• Lake views

Tags

• LAKE VIEWS
• 2 ACRES
• FULLY FENCED
• ENCLOSED PATIO
• GARDEN SHED
• 280 SQ FT SHOP

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $244k.

Deal economics

• At list price, monthly cash flow is $-530 ($-6k/yr) — negative.
• To cash-flow at today's rent, offer at most $150k (38.4% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $140k (42.6% below list).
• Recommended offer: $140k (42.6% below list) — sets the bar for 1% rule.
• Cap rate 3.7% vs local median 3.0% in Coffee City — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 63/100 on livability (#845 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: amenities F, commute F, health & safety D-.
• Brownsboro ISD (rural): math 42% / reading 46% proficiency, ranked #290 of 826 in TX (top 35%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Chandler El (math 42% / reading 37%, grade F, #1,545 of 4,322 statewide, top 38%, 450 students, 74% FRL); Brownsboro J H (math 48% / reading 49%, grade C-, #392 of 1,662 statewide, top 24%, 405 students, 60% FRL); Brownsboro H S (math 31% / reading 63%, grade D-, #591 of 1,632 statewide, top 38%, 757 students, 50% FRL).
• Market conditions: 191 active listings in the ZIP; 263 units permitted in Henderson County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $26k of equity ($2k loan paydown + $24k appreciation (10.0% local appreciation)).
• By year 2, paydown + projected appreciation supports a ~$42k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 146 days — a 12% lower offer ($215k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts 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

• Climate carrying-cost: major wind risk, 68% chance of damaging wind over 30y; extreme-heat days projected 7→27/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $140,074 (42.6% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 146 days. Have you received any prior offers? Is the seller open to a 43% concession, seller financing, or rate buy-down credit?
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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
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: 0.57% ✗
• Cap rate: 3.69%
• Cash-on-cash: -9.31%
• DSCR: 0.59
• GRM: 14.5

CMA / ARV

• ARV (median comp): $285,712
• List price: $244,000
• Delta: -14.60%
• Verdict: UNDERPRICED
• Comps: 10 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
22248 Lounette Dr	0.08mi	3/2.0	1,609 (+14%)	13mo	$525,000	$326	62

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

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 17.7%
• Equity multiple: 2.45×
• Total profit: $99,136
• Equity at exit: $219,815

10-year hold

• IRR: 16.7%
• Equity multiple: 5.66×
• Total profit: $318,455
• Equity at exit: $474,038

Cash invested: $68,320 (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 75763

• Home prices YoY: 22.2%
• Active inventory: 191
• Price-to-rent: 14.5×

Monthly cashflow live

• Estimated rent: $1,401 medium
• Mortgage (P&I): −$1,280
• Tax from tax record: −$255 /mo · $3,062/yr
• Insurance: −$102
• HOA: −$0
• Vacancy / Maint / Mgmt: −$294
• Net cashflow: $-530

Break-even live

Break-even rent $2,071

Max offer price $150,407

Occupancy floor —

Sensitivity live

Price	-10% $-392	-5% $-461	+0% $-530	+5% $-599	+10% $-668
Rent	-10% $-640	-5% $-585	+0% $-530	+5% $-474	+10% $-419
Rate	-1.0pp $-407	-0.5pp $-468	base $-530	+0.5pp $-593	+1.0pp $-657

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: $61,000
• Closing costs: $7,320
• Reserves months: —
• Total cash needed: —

Listing history 11 events

1. 2026-06-02
   days on market $244,000 Active 146 DOM
2. 2026-06-01
   days on market $244,000 Active 145 DOM
3. 2026-05-31
   days on market $244,000 Active 144 DOM
4. 2026-05-30
   days on market $244,000 Active 143 DOM
5. 2026-03-23
   price $244,000 1188-char remark

   Show marketing remark (1188 chars)

   Lake Views + Shop & Space to Enjoy! Discover peaceful living near beautiful Lake Palestine. This charming 3-bedroom, 2-bath home offers lake views and comfortable living in a quiet Frankston setting just 20 minutes from Tyler. Inside, you’ll find a cozy layout featuring an inviting living room, functional kitchen, and a bright enclosed patio/sunroom, perfect for relaxing year-round. One of the standout features of this property is the impressive 1,280 sq ft shop with loft storage, ideal for hobbies, projects, equipment, or boat and lake-toy storage. A garden shed provides additional outdoor storage. The . 69-acre yard offers space for gardening, outdoor entertaining, or simply enjoying the peaceful East Texas surroundings. Plus, the private community boat launch is just around the corner, making it easy to enjoy time on Lake Palestine whenever you like. Recent improvements have been completed, and the home has been appraised above value for VA financing, giving buyers added confidence. Whether you're looking for a full-time home, weekend getaway, or investment opportunity, this property offers great value and a relaxed East Texas lifestyle close to the lake.

6. 2026-03-05
   status Active 1188-char remark

   Show marketing remark (1188 chars)

   Lake Views + Shop & Space to Enjoy! Discover peaceful living near beautiful Lake Palestine. This charming 3-bedroom, 2-bath home offers lake views and comfortable living in a quiet Frankston setting just 20 minutes from Tyler. Inside, you’ll find a cozy layout featuring an inviting living room, functional kitchen, and a bright enclosed patio/sunroom, perfect for relaxing year-round. One of the standout features of this property is the impressive 1,280 sq ft shop with loft storage, ideal for hobbies, projects, equipment, or boat and lake-toy storage. A garden shed provides additional outdoor storage. The . 69-acre yard offers space for gardening, outdoor entertaining, or simply enjoying the peaceful East Texas surroundings. Plus, the private community boat launch is just around the corner, making it easy to enjoy time on Lake Palestine whenever you like. Recent improvements have been completed, and the home has been appraised above value for VA financing, giving buyers added confidence. Whether you're looking for a full-time home, weekend getaway, or investment opportunity, this property offers great value and a relaxed East Texas lifestyle close to the lake.

7. 2026-01-19
   status Pending 1188-char remark

   Show marketing remark (1188 chars)

   Lake Views + Shop & Space to Enjoy! Discover peaceful living near beautiful Lake Palestine. This charming 3-bedroom, 2-bath home offers lake views and comfortable living in a quiet Frankston setting just 20 minutes from Tyler. Inside, you’ll find a cozy layout featuring an inviting living room, functional kitchen, and a bright enclosed patio/sunroom, perfect for relaxing year-round. One of the standout features of this property is the impressive 1,280 sq ft shop with loft storage, ideal for hobbies, projects, equipment, or boat and lake-toy storage. A garden shed provides additional outdoor storage. The . 69-acre yard offers space for gardening, outdoor entertaining, or simply enjoying the peaceful East Texas surroundings. Plus, the private community boat launch is just around the corner, making it easy to enjoy time on Lake Palestine whenever you like. Recent improvements have been completed, and the home has been appraised above value for VA financing, giving buyers added confidence. Whether you're looking for a full-time home, weekend getaway, or investment opportunity, this property offers great value and a relaxed East Texas lifestyle close to the lake.

8. 2025-11-25
   listed $249,000 Active 1188-char remark

   Show marketing remark (1188 chars)

   Lake Views + Shop & Space to Enjoy! Discover peaceful living near beautiful Lake Palestine. This charming 3-bedroom, 2-bath home offers lake views and comfortable living in a quiet Frankston setting just 20 minutes from Tyler. Inside, you’ll find a cozy layout featuring an inviting living room, functional kitchen, and a bright enclosed patio/sunroom, perfect for relaxing year-round. One of the standout features of this property is the impressive 1,280 sq ft shop with loft storage, ideal for hobbies, projects, equipment, or boat and lake-toy storage. A garden shed provides additional outdoor storage. The . 69-acre yard offers space for gardening, outdoor entertaining, or simply enjoying the peaceful East Texas surroundings. Plus, the private community boat launch is just around the corner, making it easy to enjoy time on Lake Palestine whenever you like. Recent improvements have been completed, and the home has been appraised above value for VA financing, giving buyers added confidence. Whether you're looking for a full-time home, weekend getaway, or investment opportunity, this property offers great value and a relaxed East Texas lifestyle close to the lake.

9. 2014-04-16
   soldstatus
10. 2003-09-09
    soldstatus
11. 1995-12-01
    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: $3,062 · $255/mo
• Projected year-2 tax: $4,465 · $372/mo
• Expected delta: +$1,403/yr (+$117/mo · 45.8%)

ⓘ 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 · 27 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 68% 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: $16,809
• − Mortgage interest: −$13,668
• − Property taxes: −$3,062
• − Insurance: −$1,220
• − Repairs & maintenance: −$1,345
• − Management: −$1,345
• − Depreciation: −$7,098
• Taxable loss: −$10,928
• Est. tax savings @ 24.0%: +$2,623
• After-tax cash flow: $-3,735/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: Brownsboro ISD
• NCES district ID: 4811640
• Math proficiency: 42% ▼ -5.00%
• Reading proficiency: 46% ▬ 0.00%
• Median HH income: $45,624
• Composite: 37.38/100
• National rank: #4429
• State rank: #290 of 826 in TX

Livability — Coffee City

• Score: 63/100
• State rank: #845
• US rank: #15290

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 6,319

Population outlook (Henderson County) Hauer SSP2

• Today (2025): 80,471 people
• By 2030: 80,608 · +0.2%
• By 2040: 80,087 · -0.5%
• By 2050: 78,208 · -2.8%
• By 2075: 72,423 · -10.0%
• By 2100: 61,012 · -24.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (79%)
• Race & ethnicity: White 79% Two or more races 10% Hispanic / Latino 8% Black 5%
• Hispanic origin (detail): Mexican 7%
• Common ancestry: Lithuanian 3% Iranian 2% Slovak 1%
• Foreign-born: 3% · Canada
• Languages at home: 94% English-only · Spanish 6%

Political lean MEDSL · Henderson

• 2024 margin: Solid R (+63.5) · D 18.0% · R 81.4%
• 2008→2024 swing: -18.8pp toward R · 2008: -44.6pp · 2024: -63.5pp
• All cycles: 2024: R+63.5 2020: R+60.2 2016: R+60.0 2012: R+54.8 2008: R+44.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 53.53%
• Current HPI: 295.14
• 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
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

-2.0% since first listed

7 events — show timeline

• 2026-03-23 Price Changed $244,000 GTAR
• 2026-03-05 Relisted — GTAR
• 2026-01-19 Pending — GTAR
• 2025-11-25 Listed $249,000 GTAR
• 2014-04-16 Sold (Public Records) — Public Records
• 2003-09-09 Sold (Public Records) — Public Records
• 1995-12-01 Sold (Public Records) — Public Records

Property tax history

+1.6%/yr

Latest (2025): $3,062 · +8.0% YoY. Source: county tax records.