1708 Bunker Hill Ln · Lewisville, TX 75056

$75,000

3 bd · 2.0 ba · 200 sqft · Land public records · 37 Days on market

Built 1984

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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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Schools +4.7/10.0
• Livability +3.5/5.0
• Condition / age +2.5/5.0
• Rent growth +2.2/5.0
• Appreciation +0.0/10.0

Listing remarks

3 Bed, 2 Bath Home & acirc; & euro; & ldquo; $75,000 This spacious 3 bedroom, 2 bathroom home is located in a well-maintained community with a lot rent of $1,000/month. We offer both financing options and cash purchases to make homeownership accessible and flexible. ?? Located in a community ?? Price: $75,000 ?? 3 Bedrooms | ?? 2 Bathrooms ?? Financing Available & amp; Cash Offers Welcome Contact me today for more information or to schedule a showing! ?? 214-336-6696

Key facts

• Built 1984
• Listed 37 days

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath land listed at $75k.

Deal economics

• At list price, monthly cash flow is $1k ($16k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $75k).
• Recommended offer: $73k (3.0% below list) — sets the bar for market timing.
• Cap rate 27.5% vs local median 3.1% in Lewisville — 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 69/100 on livability (#440 in TX) — a middle-class / working-renter tenant base. Strengths: housing A+, cost of living A, crime B+; Watch: commute D+, schools D-, amenities F.
• Lewisville ISD (suburban): math 49% / reading 54% proficiency, ranked #109 of 826 in TX (top 13%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: Rents soft (-1.0%/yr); 427 active listings in the ZIP; 33 comparable units currently listed for rent nearby; rentals leasing fast (median 6d on market — plan ~1-2 weeks tenant-placement turnaround); high-income renter base; 10,531 units permitted in Denton County in 2024 (2,713 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $519 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Denton County population projected at +66% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 0.0% rent growth), your $21k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 37 days — a 3% lower offer ($73k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $72,750 (3.0% below list)

Questions for the listing agent

1. It's been on market 37 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are D-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: 3.11% ✓
• Cap rate: 27.47%
• Cash-on-cash: 75.63%
• DSCR: 4.37
• GRM: 2.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: 72.1%
• Equity multiple: 4.11×
• Total profit: $65,349
• Equity at exit: $11,183

10-year hold

• IRR: 75.2%
• Equity multiple: 7.63×
• Total profit: $139,191
• Equity at exit: $6,485

Cash invested: $21,000 (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 75056

• Rents YoY: -1.0%
• Active inventory: 427
• Price-to-rent: 2.7×

Monthly cashflow live

• Estimated rent: $2,332 high
• Mortgage (P&I): −$393
• Tax est. 1.5%: −$94 /mo · $1,125/yr
• Insurance: −$31
• HOA: −$0
• Vacancy / Maint / Mgmt: −$490
• Net cashflow: $1,324

Break-even live

Break-even rent $656

Max offer price $75,000

Occupancy floor 38%

Sensitivity live

Price	-10% $1,375	-5% $1,350	+0% $1,324	+5% $1,298	+10% $1,272
Rent	-10% $1,139	-5% $1,231	+0% $1,324	+5% $1,416	+10% $1,508
Rate	-1.0pp $1,361	-0.5pp $1,343	base $1,324	+0.5pp $1,304	+1.0pp $1,284

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: $18,750
• Closing costs: $2,250
• Reserves months: —
• Total cash needed: —

Rent comps 33 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4253 Hunt Dr Carrollton, TX	1.0–4.0	1.0–3.0	1365	$2,446	$1.79	2d	59	0.45mi
1440 Carrollton Pkwy Unit 2118 Carrollton, TX	2.0	2.0	1097	$2,000	$1.82	3d	1	0.49mi
1440 Carrollton Pkwy Unit 1477 Carrollton, TX	2.0	2.0	1333	$1,875	$1.41	44d	1	0.49mi
1440 Carrollton Pkwy Carrollton, TX	2.0	2.0	1310	$2,313	$1.77	4d	1	0.49mi
4255 Hunt Dr Unit 003 Carrollton, TX	3.0	2.5	1936	$2,439	$1.26	19d	1	0.55mi
4230 Fairway Dr Carrollton, TX	1.0–3.0	1.0–2.0	999	$2,293	$2.29	1d	26	0.67mi
1402 Carrollton Pkwy Unit ID53314 Lewisville, TX	2.0	2.0	1317	$1,694	$1.29	5d	1	0.69mi
1402 Carrollton Pkwy Carrollton, TX	1.0–3.0	1.0–2.0	1092	$3,275	$3.00	3d	42	0.70mi
4213 Kiowa Dr Carrollton, TX	3.0	2.5	2011	$2,650	$1.32	10d	1	0.84mi
1910 E State Highway 121 Lewisville, TX	1.0–2.0	1.0–2.0	925	$2,645	$2.86	2d	158	0.85mi
1220 Indian Run Dr Carrollton, TX	1.0–3.0	1.0–2.0	1064	$2,394	$2.25	2d	23	0.85mi
4281 Comanche Dr Carrollton, TX	2.0	2.5	1953	$2,495	$1.28	17d	1	0.85mi
1980 State Highway 121 Unit 3121 Lewisville, TX	3.0	2.0	1460	$2,357	$1.61	3d	1	0.88mi
1980 State Highway 121 Unit 2017 Lewisville, TX	2.0	2.0	1119	$1,805	$1.61	12d	1	0.88mi
1980 State Highway 121 Unit 2121 Lewisville, TX	2.0	2.0	1119	$1,762	$1.57	3d	1	0.88mi
1980 State Highway 121 Unit 2013 Lewisville, TX	3.0	2.0	1460	$2,200	$1.51	44d	1	0.88mi
4212 Comanche Dr Carrollton, TX	4.0	3.0	2264	$2,790	$1.23	5d	1	0.91mi
1980 State Highway 121 Unit 3016 Lewisville, TX	3.0	2.0	1460	$2,200	$1.51	44d	1	0.96mi
2040 E State Highway 121 Lewisville, TX	1.0–2.0	1.0–2.0	1011	$2,413	$2.39	2d	26	0.96mi
2040 Texas 121 Business Unit 61154 Lewisville, TX	2.0	2.0	1239	$1,700	$1.37	5d	1	1.01mi
2100 E State Highway 121 Lewisville, TX	1.0–3.0	1.0–2.0	1064	$3,195	$3.00	4d	202	1.03mi
1531 State Highway 121 Unit 1564 Lewisville, TX	3.0	2.0	1278	$1,869	$1.46	44d	1	1.11mi
1531 State Highway 121 Unit 3118 Lewisville, TX	3.0	2.0	1278	$1,693	$1.32	3d	1	1.11mi
1531 State Highway 121 Unit 1588 Lewisville, TX	2.0	2.0	980	$1,343	$1.37	44d	1	1.11mi
2200 E State Highway 121 Lewisville, TX	1.0–2.0	1.0–2.0	954	$2,690	$2.82	3d	52	1.14mi
3921 Harrison Ct Carrollton, TX	4.0	3.5	3511	$3,400	$0.97	44d	1	1.15mi
4025 Huffines Blvd Carrollton, TX	1.0–3.0	1.0–2.5	1203	$2,979	$2.48	17d	57	1.22mi
4025 Huffines Blvd Carrollton, TX	1.0–3.0	1.0–2.5	1203	$3,026	$2.51	1d	52	1.22mi
5500 State Highway 121 The Colony, TX	1.0–3.0	1.0–2.0	1044	$1,800	$1.72	44d	1	1.34mi
4221 Old Denton Rd Carrollton, TX	1.0–2.0	1.0–2.0	1132	$2,787	$2.46	2d	17	1.37mi
1128 Ivory Horn Dr Carrollton, TX	4.0	3.5	2656	$3,695	$1.39	44d	1	1.42mi
4168 Creekhollow Dr Carrollton, TX	3.0	2.0	1509	$3,300	$2.19	44d	1	1.43mi
1356 Dallshan Dr Carrollton, TX	3.0	2.0	1523	$2,500	$1.64	44d	1	1.49mi

Listing history 15 events

1. 2026-06-18
   days on market $75,000 Active 37 DOM
2. 2026-06-17
   days on market $75,000 Active 36 DOM
3. 2026-06-16
   days on market $75,000 Active 35 DOM
4. 2026-06-15
   days on market $75,000 Active 34 DOM
5. 2026-06-13
   days on market $75,000 Active 32 DOM
6. 2026-06-13
   days on market $75,000 Active 31 DOM
7. 2026-06-09
   days on market $75,000 Active 28 DOM
8. 2026-06-08
   days on market $75,000 Active 27 DOM
9. 2026-06-07
   days on market $75,000 Active 26 DOM
10. 2026-06-04
    days on market $75,000 Active 23 DOM
11. 2026-06-03
    days on market $75,000 Active 22 DOM
12. 2026-06-02
    days on market $75,000 Active 21 DOM
13. 2026-06-01
    days on market $75,000 Active 20 DOM
14. 2026-05-31
    days on market $75,000 Active 19 DOM
15. 2026-05-12
    listed $75,000 Active 469-char remark

ⓘ 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 7/10 Severe 7 d/yr ≥109°F today · 22 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $27,978
• − Mortgage interest: −$4,201
• − Property taxes: −$1,125
• − Insurance: −$375
• − Repairs & maintenance: −$2,238
• − Management: −$2,238
• − Depreciation: −$2,182
• Taxable income: $15,619
• Est. tax owed @ 24.0%: −$3,748
• After-tax cash flow: $12,135/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: Lewisville ISD
• NCES district ID: 4827300
• Math proficiency: 49% ▼ -10.00%
• Reading proficiency: 54% ▼ -4.00%
• Median HH income: $82,351
• Composite: 47.1/100
• National rank: #2333
• State rank: #109 of 826 in TX

Livability — Lewisville

• Score: 69/100
• State rank: #440
• US rank: #8991

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Lewisville, TX
• County: Denton County · 901,654 people
• City population: 84,871
• Metro: Dallas-Fort Worth-Arlington, TX
• Population (ZIP): 69,628
• Household income: $119,682
• Rent vs Own: 40.6% rent · 59.4% own
• Severe rent burden: 1704.0

Population outlook (Denton County) Hauer SSP2

• Today (2025): 1,053,010 people
• By 2030: 1,192,269 · +13.2%
• By 2040: 1,472,920 · +39.9%
• By 2050: 1,746,506 · +65.9%
• By 2075: 2,358,497 · +124.0%
• By 2100: 2,779,183 · +163.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.69)
• Race & ethnicity: White 49% Hispanic / Latino 18% Asian 17% Two or more races 13% Black 10%
• Hispanic origin (detail): Mexican 12% Cuban 1%
• Common ancestry: Slovak 2% Italian 1% Lithuanian 1%
• Foreign-born: 19% · Canada, South Korea, China
• Languages at home: 73% English-only · Spanish 11% Other Indo-European 5% Other Asian/Pacific 4%

Political lean MEDSL · Denton

• 2024 margin: R (+13.2) · D 42.7% · R 55.8% · Other 1.5%
• 2008→2024 swing: +11.0pp toward D · 2008: -24.2pp · 2024: -13.2pp
• All cycles: 2024: R+13.2 2020: R+8.1 2016: R+20.2 2012: R+31.7 2008: R+24.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -235.14%
• Current HPI: 288.9388
• Rent YoY: ▼ -1.02%
• 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

1 event — show timeline

• 2026-05-12 Listed $75,000 FSBO.com

Property tax history

+47.1%/yr

Latest (2025): $206,145 · +12.8% YoY. Source: county tax records.