407 Fulton St · Pittsburg, TX 75686

$129,900

3 bd · 1.0 ba · 868 sqft · SingleFamily public records · 103 Days on market

Built 1983 Average condition $150/sqft · 23% below area Est $168k · 23% under ↓ 13% since listing

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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 +28.0/30.0
• ARV discount +15.0/15.0
• DSCR +9.9/10.0
• 1% rule +7.3/10.0
• Schools +5.8/10.0
• Livability +3.8/5.0
• Condition / age +2.8/5.0
• Rent growth +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This charming 3-bedroom, 1-bathroom home offers a comfortable living at an unbeatable price point. Situated on two spacious lots, this property delivers with a practical layout ready for your personal touches. Step outside to a fenced backyard with room to garden, play, or entertain. Enjoy being minutes from Julius Moore Park and local conveniences. Whether you're a first-time buyer or savvy investor, this new listing won't last long. Schedule your showing today!

Key facts

• Two spacious lots
• Fenced backyard
• Built 1983

Tags

• FENCED BACKYARD
• TWO SPACIOUS LOTS
• MINUTES FROM JULIUS MOORE PARK

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $130k. Condition is rated average.

Deal economics

• At list price, monthly cash flow is $405 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $130k).
• Recommended offer: $118k (9.0% below list) — sets the bar for market timing.
• Cap rate 10.0% vs local median 3.6% in Pittsburg — 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 (#144 in TX, #4,098 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A; Watch: crime C-, amenities D+, employment D+.
• Pittsburg ISD (town): math 54% / reading 44% proficiency, ranked #216 of 826 in TX (top 26%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 68% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Pittsburg El (math 34% / reading 35%, grade F, #1,995 of 4,322 statewide, top 50%, 545 students, 80% FRL); Pittsburg J H (math 48% / reading 43%, grade D+, #470 of 1,662 statewide, top 29%, 349 students, 82% FRL); Pittsburg H S (math 62% / reading 52%, grade C, #333 of 1,632 statewide, top 22%, 726 students, 78% FRL).
• Market conditions: 373 active listings in the ZIP; 3 units permitted in Camp County in 2024 (0 in 5+ unit buildings).
• This rent runs 34% of the median local income ($56k/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 $898 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Camp County population projected at +13% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $36k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 103 days — a 9% lower offer ($118k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $30k (19%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $118,209 (9.0% below list)

Questions for the listing agent

1. It's been on market 103 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
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: 1.23% ✓
• Cap rate: 10.03%
• Cash-on-cash: 13.36%
• DSCR: 1.59
• GRM: 6.8

CMA / ARV

• ARV (median comp): $167,825
• List price: $129,900
• Delta: -22.60%
• Verdict: UNDERPRICED
• Comps: 2 within 1.0 mi

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
607 Pineland St	0.91mi	3/1.5	1,056 (+22%)	6mo	$45,000	$43	33
802 Quitman St	0.83mi	2/1.5 (-1)	1,026 (+18%)	2mo	$198,000	$193	32
554 MT Pleasant St	1.10mi	3/1.0	1,104 (+27%)	48mo	$149,900	$136	20
508 Elm St	0.70mi	2/1.0 (-1)	1,064 (+23%)	44mo	$139,900	$131	18

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 3.4%
• Equity multiple: 1.13×
• Total profit: $4,750
• Equity at exit: $19,369

10-year hold

• IRR: 12.9%
• Equity multiple: 2.03×
• Total profit: $37,360
• Equity at exit: $11,231

Cash invested: $36,372 (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.

Methodology + full state rankings →

Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 2 active · 1 under contract
• Months of supply: 12.0 mo (8%/mo absorbed)
• Median asking: $141,250 ($149/sqft)
• Median days on market: 103 d
• This list price: 50% of active listings are priced below it
• ARV vs active asking: +29.9% above current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 75686

• Home prices YoY: -21.6%
• Active inventory: 373
• Price-to-rent: 6.8×

Monthly cashflow live

• Estimated rent: $1,602 medium
• Mortgage (P&I): −$681
• Tax from tax record: −$125 /mo · $1,500/yr
• Insurance: −$54
• HOA: −$0
• Vacancy / Maint / Mgmt: −$336
• Net cashflow: $405

Break-even live

Break-even rent $1,089

Max offer price $129,900

Occupancy floor 70%

Sensitivity live

Price	-10% $479	-5% $442	+0% $405	+5% $368	+10% $332
Rent	-10% $279	-5% $342	+0% $405	+5% $468	+10% $532
Rate	-1.0pp $470	-0.5pp $438	base $405	+0.5pp $371	+1.0pp $337

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: $32,475
• Closing costs: $3,897
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Listing history 40 events

1. 2026-07-13
   days on market $129,900 Active 103 DOM
2. 2026-07-12
   days on market $129,900 Active 102 DOM
3. 2026-07-11
   days on market $129,900 Active 101 DOM
4. 2026-07-11
   days on market $129,900 Active 100 DOM
5. 2026-07-09
   days on market $129,900 Active 99 DOM
6. 2026-07-08
   days on market $129,900 Active 98 DOM
7. 2026-07-07
   days on market $129,900 Active 97 DOM
8. 2026-07-06
   days on market $129,900 Active 96 DOM
9. 2026-07-05
   days on market $129,900 Active 95 DOM
10. 2026-07-04
    days on market $129,900 Active 94 DOM
11. 2026-07-03
    days on market $129,900 Active 93 DOM
12. 2026-07-02
    days on market $129,900 Active 92 DOM
13. 2026-07-01
    days on market $129,900 Active 91 DOM
14. 2026-06-30
    days on market $129,900 Active 90 DOM
15. 2026-06-29
    days on market $129,900 Active 89 DOM
16. 2026-06-28
    days on market $129,900 Active 88 DOM
17. 2026-06-27
    days on market $129,900 Active 87 DOM
18. 2026-06-26
    days on market $129,900 Active 85 DOM
19. 2026-06-22
    days on market $129,900 Active 82 DOM
20. 2026-06-21
    days on market $129,900 Active 81 DOM
21. 2026-06-19
    days on market $129,900 Active 79 DOM
22. 2026-06-18
    days on market $129,900 Active 78 DOM
23. 2026-06-17
    days on market $129,900 Active 77 DOM
24. 2026-06-16
    days on market $129,900 Active 76 DOM
25. 2026-06-16
    status $129,900 Active 75 DOM
26. 2026-06-09
    status $129,900 Pending 75 DOM
27. 2026-06-08
    days on market $129,900 Active 75 DOM
28. 2026-06-07
    days on market $129,900 Active 74 DOM
29. 2026-06-05
    days on market $129,900 Active 72 DOM
30. 2026-06-03
    days on market $129,900 Active 70 DOM
31. 2026-06-02
    days on market $129,900 Active 69 DOM
32. 2026-06-01
    price $129,900 Active 68 DOM
33. 2026-06-01
    days on market $139,900 Active 68 DOM
34. 2026-05-31
    days on market $139,900 Active 67 DOM
35. 2026-05-30
    days on market $139,900 Active 66 DOM
36. 2026-04-13
    price $139,900 467-char remark

    Show marketing remark (467 chars)

    This charming 3-bedroom, 1-bathroom home offers a comfortable living at an unbeatable price point. Situated on two spacious lots, this property delivers with a practical layout ready for your personal touches. Step outside to a fenced backyard with room to garden, play, or entertain. Enjoy being minutes from Julius Moore Park and local conveniences. Whether you're a first-time buyer or savvy investor, this new listing won't last long. Schedule your showing today!

37. 2026-03-30
    status Active 467-char remark

    Show marketing remark (467 chars)

    This charming 3-bedroom, 1-bathroom home offers a comfortable living at an unbeatable price point. Situated on two spacious lots, this property delivers with a practical layout ready for your personal touches. Step outside to a fenced backyard with room to garden, play, or entertain. Enjoy being minutes from Julius Moore Park and local conveniences. Whether you're a first-time buyer or savvy investor, this new listing won't last long. Schedule your showing today!

38. 2026-03-22
    status Pending 467-char remark

    Show marketing remark (467 chars)

    This charming 3-bedroom, 1-bathroom home offers a comfortable living at an unbeatable price point. Situated on two spacious lots, this property delivers with a practical layout ready for your personal touches. Step outside to a fenced backyard with room to garden, play, or entertain. Enjoy being minutes from Julius Moore Park and local conveniences. Whether you're a first-time buyer or savvy investor, this new listing won't last long. Schedule your showing today!

39. 2026-03-17
    listed $159,900 Active 467-char remark

    Show marketing remark (467 chars)

    This charming 3-bedroom, 1-bathroom home offers a comfortable living at an unbeatable price point. Situated on two spacious lots, this property delivers with a practical layout ready for your personal touches. Step outside to a fenced backyard with room to garden, play, or entertain. Enjoy being minutes from Julius Moore Park and local conveniences. Whether you're a first-time buyer or savvy investor, this new listing won't last long. Schedule your showing today!

40. 2023-02-09
    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: $1,500 · $125/mo
• Projected year-2 tax: $2,377 · $198/mo
• Expected delta: +$877/yr (+$73/mo · 58.5%)

ⓘ 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 6/10 Major
• 🌡 Heat 7/10 Severe 7 d/yr ≥111°F today · 24 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,221
• − Mortgage interest: −$7,276
• − Property taxes: −$1,500
• − Insurance: −$650
• − Repairs & maintenance: −$1,538
• − Management: −$1,538
• − Depreciation: −$3,779
• Taxable income: $2,941
• Est. tax owed @ 24.0%: −$706
• After-tax cash flow: $4,155/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.

Condition & rehab AI · 9 photos

Average 55/100 Cosmetic rehab Est. rehab $4,340–$13,020 screening

This charming 3-bedroom home offers a comfortable living space with a practical layout and a fenced backyard. It has average condition and could benefit from some cosmetic updates to increase its resale and rental value.

Components & finishes AI

Roof asphalt shingle · good Flooring tile Counters granite

Deferred maintenance Est. $3,500–$14,000 screening

• Minor Roof (roof) — No visible signs of damage or wear
• Minor Hvac (hvac) — No visible signs of damage or wear
• Minor Windows (windows) — No visible signs of damage or wear
• Minor Electrical (electrical) — No visible signs of damage or wear
• Minor Plumbing (plumbing) — No visible signs of damage or wear
• Minor Exterior (exterior) — No visible signs of damage or wear
• Minor Other — No visible signs of damage or wear

Repairs flagged

• Minor Landscaping — Some areas of the lawn appear patchy.
• Minor Fencing — The chain-link fence is in good condition but could be updated for a more modern look.

Value-add opportunities

• Both Paint the exterior walls — Fresh paint can improve curb appeal and home value. ↑
• Both Landscaping improvements — A well-maintained yard can enhance the home's appeal and value. ↑
• Both Replace the fencing — A modern fence can improve the home's curb appeal and security. ↑

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

D Composite school gradezoned avg 58/100

Zoned Schools

Elementary Pittsburg Pri Middle Pittsburg Int B TX #166/1,662 Nat'l #1,836/14,009 High Pittsburg H S C TX #333/1,632 Nat'l #4,077/17,239

Schools (NCES district)

• District: Pittsburg ISD
• NCES district ID: 4835010
• Math proficiency: 54% ▼ -16.00%
• Reading proficiency: 44% ▼ -16.00%
• Median HH income: $38,136
• Composite: 40.87/100
• National rank: #3627
• State rank: #216 of 826 in TX

B Composite livability gradescore 75/100

Livability — Pittsburg

• Score: 75/100
• State rank: #144
• US rank: #4098

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Pittsburg, TX
• County: Camp · 13,403 people
• Population (ZIP): 13,427
• Household income: $56,112
• Rent vs Own: 23.3% rent · 76.7% own
• Severe rent burden: 20% of renters

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Population outlook (Camp County) Hauer SSP2

• Today (2025): 13,403 people
• By 2030: 13,741 · +2.5%
• By 2040: 14,436 · +7.7%
• By 2050: 15,135 · +12.9%
• By 2075: 16,836 · +25.6%
• By 2100: 17,582 · +31.2%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.63)
• Race & ethnicity: White 52% Hispanic / Latino 28% Two or more races 16% Black 14% Asian 1%
• Hispanic origin (detail): Mexican 25%
• Common ancestry: Slovak 1% Scottish 1% Serbian 1%
• Foreign-born: 11% · Canada, Vietnam, Dominican Republic
• Languages at home: 79% English-only · Spanish 20% Vietnamese 1%

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Political lean MEDSL · Camp

• 2024 margin: Solid R (+53.6) · D 22.9% · R 76.5%
• 2008→2024 swing: -30.3pp toward R · 2008: -23.3pp · 2024: -53.6pp
• All cycles: 2024: R+53.6 2020: R+44.1 2016: R+42.7 2012: R+33.5 2008: R+23.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -50.12%
• Current HPI: 181.5522
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 3.95%
• F500 in state: 110

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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

-12.5% since first listed

5 events — show timeline

• 2026-04-13 Price Changed $139,900 GTAR
• 2026-03-30 Relisted — GTAR
• 2026-03-22 Pending — GTAR
• 2026-03-17 Listed $159,900 GTAR
• 2023-02-09 Sold (Public Records) — Public Records

Property tax history

+3.0%/yr

Latest (2025): $1,500 · +0.1% YoY. Source: county tax records.