2343 Sunrise Ln · Levelland, TX 79336

$108,000

3 bd · 2.0 ba · 960 sqft · Manufactured public records · 28 Days on market

Built 2021 Good condition ↓ 14% since listing

---

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).

• Cash flow +17.5/30.0
• ARV discount +7.5/15.0
• DSCR +5.5/10.0
• 1% rule +4.5/10.0
• Condition / age +4.0/5.0
• Livability +3.6/5.0
• Schools +2.8/10.0
• Rent growth +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

WOW--this one checks all the boxes for space, privacy, and modern comfort! If you've been craving the peace and quiet of country living while still staying close to everyday city conveniences, you're going to love this practically new 2022-built home on the northeast side of Levelland. Featuring 3 bedrooms, 2 bathrooms, and a layout that feels fresh and move-in ready, this property is perfect for anyone wanting room to breathe and a place to truly settle in. Outside is where it really shines--enjoy a newly added back deck for relaxing sunsets, plus a new carport and a spacious 12' x 25' storage shed for tools, hobbies, and extra storage. You'll also appreciate the well and septic, and for R

Key facts

• Well and septic
• New carport
• Rv hookups

Tags

• NEWLY ADDED BACK DECK
• NEW CARPORT
• SPACIOUS STORAGE SHED
• WELL AND SEPTIC
• RV HOOKUPS

Property features AI

Exterior

• Parking: Off‑street parking; RV access/parking
• Utilities: Private well water; Electricity available
• Home design: Manufactured home; Single story
• Construction: Vinyl siding; Composition roof; Other foundation
• Exterior features: Private yard; Storage; Fenced yard; Paved road access

Interior

• Kitchen: Range (free‑standing electric)
• Bedrooms: 4 rooms total
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning (electric); Ceiling fans
• Interior features: Breakfast bar; Ceiling fans; Double pane windows

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $108k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $83 ($995/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 $103k (4.8% below list).
• Recommended offer: $103k (4.8% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 72/100 on livability (#274 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: commute F, employment F.
• Levelland ISD (town): math 33% / reading 32% proficiency, ranked #566 of 826 in TX (top 68%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 64% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Levelland Academic Beginnings Center (357 students, 82% FRL); Levelland Middle (math 32% / reading 31%, grade F, #997 of 1,662 statewide, top 61%, 622 students, 79% FRL); Levelland H S (math 67% / reading 55%, grade C+, #258 of 1,632 statewide, top 16%, 745 students, 67% FRL).
• Zoned-school proficiency averages 46% at this address vs 32% district-wide (+14 pts) — the actual schools serving this property are materially stronger than the Levelland ISD average implies; a family-tenant draw the district grade alone would hide.
• Market conditions: 120 active listings in the ZIP; 7 units permitted in Hockley County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $747 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Hockley County population projected at +21% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 28 days — a 2% lower offer ($106k) is reasonable based on typical stale-listing flexibility.

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 $102,783 (4.8% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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?
3. 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?
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: 0.95% ✗
• Cap rate: 7.21%
• Cash-on-cash: 3.29%
• DSCR: 1.15
• GRM: 8.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: -11.1%
• Equity multiple: 0.60×
• Total profit: $-12,214
• Equity at exit: $16,103

10-year hold

• IRR: -1.9%
• Equity multiple: 0.87×
• Total profit: $-3,815
• Equity at exit: $9,338

Cash invested: $30,240 (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 79336

• Active inventory: 120
• Price-to-rent: 8.8×

Monthly cashflow live

• Estimated rent: $1,028 medium
• Mortgage (P&I): −$566
• Tax from tax record: −$118 /mo · $1,412/yr
• Insurance: −$45
• HOA: −$0
• Vacancy / Maint / Mgmt: −$216
• Net cashflow: $83

Break-even live

Break-even rent $923

Max offer price $108,000

Occupancy floor 87%

Sensitivity live

Price	-10% $144	-5% $113	+0% $83	+5% $52	+10% $22
Rent	-10% $2	-5% $42	+0% $83	+5% $124	+10% $164
Rate	-1.0pp $137	-0.5pp $110	base $83	+0.5pp $55	+1.0pp $26

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: $27,000
• Closing costs: $3,240
• Reserves months: —
• Total cash needed: —

Listing history 12 events

1. 2026-06-10
   statusdays on market $108,000 Pending 28 DOM
2. 2026-06-08
   days on market $108,000 Active 27 DOM
3. 2026-06-08
   days on market $108,000 Active 26 DOM
4. 2026-06-07
   days on market $108,000 Active 25 DOM
5. 2026-06-03
   days on market $108,000 Active 22 DOM
6. 2026-06-02
   days on market $108,000 Active 21 DOM
7. 2026-06-01
   days on market $108,000 Active 20 DOM
8. 2026-05-31
   days on market $108,000 Active 19 DOM
9. 2026-05-12
   listed $108,000 Active 1049-char remark
10. 2026-04-21
    price $117,000
11. 2026-03-18
    price $122,000
12. 2026-02-18
    price $124,999

ⓘ 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: $1,412 · $118/mo
• Projected year-2 tax: $1,976 · $165/mo
• Expected delta: +$564/yr (+$47/mo · 39.9%)

ⓘ 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 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥99°F today · 21 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 2% 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: $12,334
• − Mortgage interest: −$6,050
• − Property taxes: −$1,412
• − Insurance: −$540
• − Repairs & maintenance: −$987
• − Management: −$987
• − Depreciation: −$3,142
• Taxable loss: −$783
• Est. tax savings @ 24.0%: +$188
• After-tax cash flow: $1,183/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 · 12 photos

Good 80/100 Cosmetic rehab

This 2022-built mobile home is in good condition with a modern kitchen and bathrooms, and a well-maintained exterior. It's move-in ready and would benefit from a fresh coat of paint on the exterior trim and cleaning of the gutters.

Value-add opportunities

• Resale Paint exterior trim — Enhances curb appeal and can add value.
• Rental Clean gutters — Keeps property in good condition and prevents water damage

Renovation cost estimate screening

Value-add ROI direction

• Resale Paint exterior trim — Enhances curb appeal and can add value. ↑
• Rental Clean gutters — Keeps property in good condition and prevents water damage ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Levelland ISD
• NCES district ID: 4827240
• Math proficiency: 33% ▼ -9.00%
• Reading proficiency: 32% ▼ -6.00%
• Median HH income: $47,924
• Composite: 28.09/100
• National rank: #6833
• State rank: #566 of 826 in TX

Livability — Levelland

• Score: 72/100
• State rank: #274
• US rank: #6392

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 15,265

Population outlook (Hockley County) Hauer SSP2

• Today (2025): 25,295 people
• By 2030: 26,230 · +3.7%
• By 2040: 28,268 · +11.8%
• By 2050: 30,536 · +20.7%
• By 2075: 36,867 · +45.7%
• By 2100: 40,662 · +60.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority Hispanic (53%)
• Race & ethnicity: Hispanic / Latino 53% White 42% Two or more races 24% Black 3%
• Hispanic origin (detail): Mexican 48%
• Common ancestry: Slovak 1% Lithuanian 1% Italian 1%
• Foreign-born: 9% · Canada
• Languages at home: 72% English-only · Spanish 27%

Political lean MEDSL · Hockley

• 2024 margin: Solid R (+66.3) · D 16.6% · R 82.8%
• 2008→2024 swing: -14.0pp toward R · 2008: -52.3pp · 2024: -66.3pp
• All cycles: 2024: R+66.3 2020: R+62.4 2016: R+62.3 2012: R+57.0 2008: R+52.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -169.34%
• Current HPI: 154.0713
• 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

-13.6% since first listed

5 events — show timeline

• 2026-06-09 Pending — LARMLS
• 2026-05-12 Listed $108,000 LARMLS
• 2026-04-21 Price Changed $117,000 LARMLS
• 2026-03-18 Price Changed $122,000 LARMLS
• 2026-02-18 Price Changed $124,999 LARMLS

Property tax history

+1.5%/yr

Latest (2025): $1,412 · +2.0% YoY. Source: county tax records.