134 Wright Rd · Kimberling City, MO 65737

$179,900

3 bd · 2.0 ba · 1,443 sqft · Other · 159 Days on market

Built 2002 0.25 ac lot $125/sqft · 30% below area Est $258k · 30% under $40/mo HOA · 3% of rent

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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 +15.9/30.0
• ARV discount +15.0/15.0
• DSCR +4.9/10.0
• Appreciation +3.9/10.0
• 1% rule +3.6/10.0
• Livability +3.5/5.0
• Schools +3.2/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

This spacious three-bedroom, two-bath home welcomes you with charming wood steps leading to the front door. Inside, the layout offers comfortable living and functional spaces throughout, along with ample closet storage. The large garage provides extra room for storage or projects, and the expansive backyard offers endless possibilities for outdoor activities--bringing together space, versatility, and opportunity to make it your own.

Key facts

• Ample closet storage
• Large garage
• Expansive backyard

Tags

• AMPLE CLOSET STORAGE
• LARGE GARAGE
• EXPANSIVE BACKYARD

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath other listed at $180k.

Deal economics

• At list price, monthly cash flow is $85 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $155k (13.8% below list).
• Recommended offer: $155k (13.8% below list) — sets the bar for 1% rule.
• Cap rate 6.9% vs local median 1.6% in Kimberling City — 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 (#162 in MO) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: health & safety C-, schools D, employment D.
• Reeds Spring R-IV (rural): math 34% / reading 42% proficiency, ranked #182 of 324 in MO (top 56%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 342 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 191 units permitted in Stone County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-2.2%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Stone County population projected at -30% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 159 days — a 12% lower offer ($158k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 18y ago; this cycle's ask has dropped $20k (10%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $155,000 (13.8% below list)

Questions for the listing agent

1. It's been on market 159 days. Have you received any prior offers? Is the seller open to a 14% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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 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?
6. 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.
7. 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.
8. 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: 0.86% ✗
• Cap rate: 6.86%
• Cash-on-cash: 2.03%
• DSCR: 1.09
• GRM: 9.7

CMA / ARV

• ARV (median comp): $258,438
• List price: $179,900
• Delta: -30.39%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Projected returns pro-forma

-2.17% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -8.8%
• Equity multiple: 0.65×
• Total profit: $-17,487
• Equity at exit: $33,515

10-year hold

• IRR: -0.7%
• Equity multiple: 0.94×
• Total profit: $-2,859
• Equity at exit: $27,296

Cash invested: $50,372 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 81 Strongly Landlord-Friendly
• State Missouri: 81 Strongly Landlord-Friendly · R+10
• County: — inherits STATE
• City: — inherits STATE

Generally landlord-friendly; St Louis has some habitability requirements.

Methodology + full state rankings →

ZIP-level market 65737

• Home prices YoY: -0.9%
• Active inventory: 342
• Price-to-rent: 9.7×

Monthly cashflow live

• Estimated rent: $1,550 medium
• Mortgage (P&I): −$943
• Tax from tax record: −$81 /mo · $973/yr
• Insurance: −$75
• HOA: −$40
• Vacancy / Maint / Mgmt: −$326
• Net cashflow: $85

Break-even live

Break-even rent $1,442

Max offer price $179,900

Occupancy floor 90%

Sensitivity live

Price	-10% $187	-5% $136	+0% $85	+5% $34	+10% $-17
Rent	-10% $-37	-5% $24	+0% $85	+5% $146	+10% $207
Rate	-1.0pp $176	-0.5pp $131	base $85	+0.5pp $38	+1.0pp $-9

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: $44,975
• Closing costs: $5,397
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
260 Terrace Crest Ln Reeds Spring, MO	3.0	2.0	1500	$1,550	$1.03	44d	1	0.25mi

HOA detail

• Monthly dues: $40 · $480/yr

Listing history 28 events

1. 2026-06-19
   days on market $179,900 Active 159 DOM
2. 2026-06-18
   days on market $179,900 Active 158 DOM
3. 2026-06-17
   days on market $179,900 Active 157 DOM
4. 2026-06-16
   days on market $179,900 Active 156 DOM
5. 2026-06-15
   days on market $179,900 Active 155 DOM
6. 2026-06-14
   days on market $179,900 Active 153 DOM
7. 2026-06-12
   days on market $179,900 Active 152 DOM
8. 2026-06-09
   days on market $179,900 Active 149 DOM
9. 2026-06-08
   days on market $179,900 Active 148 DOM
10. 2026-06-07
    days on market $179,900 Active 147 DOM
11. 2026-06-05
    days on market $179,900 Active 144 DOM
12. 2026-06-03
    days on market $179,900 Active 143 DOM
13. 2026-06-02
    days on market $179,900 Active 142 DOM
14. 2026-06-01
    days on market $179,900 Active 141 DOM
15. 2026-05-31
    days on market $179,900 Active 140 DOM
16. 2026-05-30
    days on market $179,900 Active 139 DOM
17. 2026-04-10
    price $184,900 436-char remark

    Show marketing remark (436 chars)

    This spacious three-bedroom, two-bath home welcomes you with charming wood steps leading to the front door. Inside, the layout offers comfortable living and functional spaces throughout, along with ample closet storage. The large garage provides extra room for storage or projects, and the expansive backyard offers endless possibilities for outdoor activities--bringing together space, versatility, and opportunity to make it your own.

18. 2026-03-12
    price $189,900 436-char remark

    Show marketing remark (436 chars)

    This spacious three-bedroom, two-bath home welcomes you with charming wood steps leading to the front door. Inside, the layout offers comfortable living and functional spaces throughout, along with ample closet storage. The large garage provides extra room for storage or projects, and the expansive backyard offers endless possibilities for outdoor activities--bringing together space, versatility, and opportunity to make it your own.

19. 2026-02-17
    price $197,500 436-char remark

    Show marketing remark (436 chars)

    This spacious three-bedroom, two-bath home welcomes you with charming wood steps leading to the front door. Inside, the layout offers comfortable living and functional spaces throughout, along with ample closet storage. The large garage provides extra room for storage or projects, and the expansive backyard offers endless possibilities for outdoor activities--bringing together space, versatility, and opportunity to make it your own.

20. 2026-01-11
    listed $199,900 Active 436-char remark

    Show marketing remark (436 chars)

    This spacious three-bedroom, two-bath home welcomes you with charming wood steps leading to the front door. Inside, the layout offers comfortable living and functional spaces throughout, along with ample closet storage. The large garage provides extra room for storage or projects, and the expansive backyard offers endless possibilities for outdoor activities--bringing together space, versatility, and opportunity to make it your own.

21. 2025-06-01
    status Active
22. 2025-04-29
    status Active
23. 2025-02-28
    status Active
24. 2024-12-27
    price $255,150
25. 2024-10-03
    listed $283,500 Active
26. 2023-10-27
    listed $324,450 Active
27. 2019-07-19
    listed $134,900
28. 2008-05-15
    listed $115,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast MO · Resets to sale price

• Current annual tax: $973 · $81/mo
• Projected year-2 tax: $1,745 · $145/mo
• Expected delta: +$772/yr (+$64/mo · 79.3%)

ⓘ 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 5/10 Major 7 d/yr ≥104°F today · 21 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% 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: $18,600
• − Mortgage interest: −$10,077
• − Property taxes: −$973
• − Insurance: −$900
• − Repairs & maintenance: −$1,488
• − Management: −$1,488
• − HOA: −$480
• − Depreciation: −$5,233
• Taxable loss: −$2,039
• Est. tax savings @ 24.0%: +$489
• After-tax cash flow: $1,510/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: Reeds Spring R-IV
• NCES district ID: 2926160
• Math proficiency: 34% ▼ -3.00%
• Reading proficiency: 42% ▼ -1.00%
• Median HH income: $42,158
• Composite: 32.06/100
• National rank: #5819
• State rank: #182 of 324 in MO

Livability — Kimberling City

• Score: 69/100
• State rank: #162
• US rank: #8879

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 8,279

Population outlook (Stone County) Hauer SSP2

• Today (2025): 28,147 people
• By 2030: 26,405 · -6.2%
• By 2040: 22,762 · -19.1%
• By 2050: 19,706 · -30.0%
• By 2075: 14,742 · -47.6%
• By 2100: 10,832 · -61.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (91%)
• Race & ethnicity: White 91% Hispanic / Latino 6% Two or more races 5%
• Hispanic origin (detail): Mexican 3%
• Common ancestry: Lithuanian 5% Slovak 4% Iranian 3%
• Foreign-born: 2% · Canada, China
• Languages at home: 97% English-only · Spanish 3%

Political lean MEDSL · Stone

• 2024 margin: Solid R (+61.4) · D 18.9% · R 80.3%
• 2008→2024 swing: -24.1pp toward R · 2008: -37.3pp · 2024: -61.4pp
• All cycles: 2024: R+61.4 2020: R+61.1 2016: R+62.1 2012: R+49.2 2008: R+37.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -2.17%
• Current HPI: 239.032
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 1.84%
• F500 in state: 20

Industry mix (Fortune 500 HQ in MO)

Industry	F500 HQs	Revenue
▸Healthcare	1	$163B
▸Insurance	1	$21B
▸Industrial Technology	1	$17B
▸Retail	1	$16B
▸Industrial Distribution	1	$10B
▸Utilities	1	$9B

Price history

+60.8% since first listed

12 events — show timeline

• 2026-04-10 Price Changed $184,900 SOMO
• 2026-03-12 Price Changed $189,900 SOMO
• 2026-02-17 Price Changed $197,500 SOMO
• 2026-01-11 Listed $199,900 SOMO
• 2025-06-01 Relisted — SOMO
• 2025-04-29 Relisted — SOMO
• 2025-02-28 Relisted — SOMO
• 2024-12-27 Price Changed $255,150 SOMO
• 2024-10-03 Listed $283,500 SOMO
• 2023-10-27 Listed $324,450 SOMO
• 2019-07-19 Listed $134,900 SOMO
• 2008-05-15 Listed $115,000 SOMO

Property tax history

+1.4%/yr

Latest (2025): $973 · -0.0% YoY. Source: county tax records.