19875 Ava Ln · Conroe, TX
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 5/10 · Moderate
- Est. fire insurance / yr
- $1,222 – $2,270
Heat risk 8/10 · Major
- Hot days now (above 111°F)
- 7 days/yr
- Hot days in 30 yrs
- 24 days/yr
Wind risk 8/10 · Major
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 2 days/yr
Risk factors via First Street. Map © Google.
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 +21.0/30.0
- ARV discount +7.5/15.0
- DSCR +6.7/10.0
- Schools +5.4/10.0
- 1% rule +5.3/10.0
- Livability +3.7/5.0
- Rent growth +2.6/5.0
- Condition / age +1.0/5.0
- Appreciation +0.0/10.0
$139,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Opportunity awaits on this approximately 46,800 SQFT lot in Montgomery, TX! The true value is in the expansive lot size and existing utilities already available, including well, septic, and electricity. Existing mobile home conveys with the property, offering added value and potential for future use, investment, or customization. Enjoy the flexibility to explore your vision while benefiting from an established property footprint. Property is being sold AS-IS. Seller is not aware of any restrictions; buyer to independently verify restrictions, measurements, utilities, and intended use.
Key facts
- Existing utilities
- Expansive lot size
- Mobile home conveys
Tags
Property features AI
Exterior
- Utilities: Well water; Septic tank sewer
- Home design: Residential property; Single-story entry (first-floor living)
- Construction: Built in 1985; Wood siding exterior; Composition roof; Pillar/post/pier foundation
- Exterior features: Subdivision lot; Lot approximately 1.17 acres
Interior
- Bedrooms: Two bedrooms on the first floor (each approximately 9 x 9)
- Bathrooms: One full bathroom
- Heating & cooling: Central heating (electric); Central air conditioning (electric)
- Interior features: Two total rooms
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/1.0-bath manufactured listed at $139k. Condition is rated poor.
Deal economics
- At list price, monthly cash flow is $196 ($2k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $139k).
- Cap rate 8.0% vs local median 3.1% in Conroe — 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 74/100 on livability (#169 in TX, #4,447 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, amenities B; Watch: commute F, health & safety F.
- Montgomery ISD (rural): math 63% / reading 57% proficiency, ranked #49 of 826 in TX (top 6%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
- Zoned schools: Lake Creek H S (math 53% / reading 68%, grade C+, #268 of 1,632 statewide, top 17%, 1,649 students, 23% FRL) — zoned schools at 23% FRL track the district average.
- Market conditions: Rents flat; 2300 active listings in the ZIP; high-income renter base; 13,259 units permitted in Montgomery County in 2024 (1,402 in 5+ unit buildings).
- This rent is only 14% of the median local income ($124k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $961 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
- Montgomery County population projected at +65% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- Only 14 days on market — expect competitive offers; lowballing is unlikely to land.
Risks & watch-outs
- Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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.
- 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.
- 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
- 1.03% ✓
- Cap rate
- 7.99%
- Cash-on-cash
- 6.04%
- DSCR
- 1.27
- GRM
- 8.1
CMA / ARV
No comps found within radius.
Projected returns pro-forma
-3.0% appreciation · 0.4% rent growth · sell at horizon
- IRR
- -9.9%
- Equity multiple
- 0.65×
- Total profit
- $-13,695
- Equity at exit
- $20,725
- IRR
- -4.4%
- Equity multiple
- 0.74×
- Total profit
- $-10,090
- Equity at exit
- $12,018
Cash invested: $38,920 (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
ZIP-level market 77316
- Home prices YoY
- -10.7%
- Rents YoY
- 0.4%
- Active inventory
- 2300
- Price-to-rent
- 8.1×
Monthly cashflow live
- Estimated rent
- $1,437 medium interval (Pro) →
- Mortgage (P&I)
- −$729
- Tax from tax record
- −$153 /mo · $1,832/yr
- Insurance
- −$58
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$302
- Net cashflow
- $196
Break-even live
Sensitivity live
| Price | -10% $275 | -5% $235 | +0% $196 | +5% $157 | +10% $117 |
|---|---|---|---|---|---|
| Rent | -10% $82 | -5% $139 | +0% $196 | +5% $253 | +10% $310 |
| Rate | -1.0pp $266 | -0.5pp $231 | base $196 | +0.5pp $160 | +1.0pp $123 |
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
- $34,750
- Closing costs
- $4,170
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Listing history 10 events
-
2026-06-21days on market $139,000 Active 14 DOM
-
2026-06-18days on market $139,000 Active 11 DOM
-
2026-06-17days on market $139,000 Active 10 DOM
-
2026-06-16days on market $139,000 Active 9 DOM
-
2026-06-15days on market $139,000 Active 8 DOM
-
2026-06-13days on market $139,000 Active 6 DOM
-
2026-06-13days on market $139,000 Active 5 DOM
-
2026-06-09days on market $139,000 Active 2 DOM
-
2026-06-08remarks 591-char remark
-
2026-06-08$139,000 Active 1 DOM
ⓘ 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
- $1,832 · $153/mo
- Projected year-2 tax
- $2,544 · $212/mo
- Expected delta
- +$712/yr (+$59/mo · 38.9%)
ⓘ 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 (unshaded) · 0% chance over 30 yrs
- Wildfire 5/10 Major
- Heat 8/10 Severe 7 d/yr ≥111°F today · 24 d/yr by 30 yrs out
- Wind 8/10 Severe 99% chance of damaging wind over 30 yrs
- Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $17,249
- − Mortgage interest
- −$7,786
- − Property taxes
- −$1,832
- − Insurance
- −$695
- − Repairs & maintenance
- −$1,380
- − Management
- −$1,380
- − Depreciation
- −$4,044
- Taxable income
- $132
- Est. tax owed @ 24.0%
- −$32
- After-tax cash flow
- $2,321/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 · 11 photos
This property requires extensive repairs and maintenance, including structural repairs, landscaping, and interior improvements. The mobile home is in poor condition and the property is not move-in ready.
Repairs flagged
- Major Mobile home roof — Visible rust and damage
- Major Mobile home siding — Peeling paint and structural damage
- Major Mobile home flooring — Damaged and uneven
- Major Interior walls — Visible damage and peeling paint
- Major Windows — Visible damage and missing panes
- Major Landscaping — Overgrown and in poor condition
- Major Fencing — In poor condition with visible damage and missing sections
Value-add opportunities
- Both Landscaping and fencing repair — Improves curb appeal and safety
- Both Mobile home roof and siding repair — Improves structural integrity and appearance
- Both Mobile home flooring and interior walls repair — Improves living conditions and appearance
- Both Windows repair — Improves safety and energy efficiency
Renovation cost estimate screening
| Repair item | Severity | Est. cost |
|---|---|---|
| Mobile home roof · Visible rust and damage | Major | $15,000–50,000 |
| Mobile home siding · Peeling paint and structural damage | Major | $15,000–50,000 |
| Mobile home flooring · Damaged and uneven | Major | $15,000–50,000 |
| Interior walls · Visible damage and peeling paint | Major | $15,000–50,000 |
| Windows · Visible damage and missing panes | Major | $15,000–50,000 |
| Landscaping · Overgrown and in poor condition | Major | $15,000–50,000 |
| Fencing · In poor condition with visible damage and missing sections | Major | $15,000–50,000 |
| Total estimated repair cost · 7 items | $105,000–350,000 |
Value-add ROI direction
- Both Landscaping and fencing repair — Improves curb appeal and safety ↑
- Both Mobile home roof and siding repair — Improves structural integrity and appearance ↑
- Both Mobile home flooring and interior walls repair — Improves living conditions and appearance ↑
- Both Windows repair — Improves safety and energy efficiency ↑
ⓘ 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
- Montgomery ISD
- NCES district ID
- 4831260
- Math proficiency
- 63% ▼ -3.00%
- Reading proficiency
- 57% ▼ -3.00%
- Median HH income
- $75,596
- Composite
- 53.55/100
- National rank
- #1445
- State rank
- #49 of 826 in TX
Livability — Conroe
- Score
- 74/100
- State rank
- #169
- US rank
- #4447
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Montgomery County · 663,713 people
- City population
- 205,417
- Metro
- Houston-The Woodlands-Sugar Land, TX
- Population (ZIP)
- 34,694
- Household income
- $124,055
- Rent vs Own
- Severe rent burden
- 273.0
Population outlook (Montgomery County) Hauer SSP2
- Today (2025)
- 713,896 people
- By 2030
- 805,263 · +12.8%
- By 2040
- 992,708 · +39.1%
- By 2050
- 1,179,590 · +65.2%
- By 2075
- 1,628,084 · +128.1%
- By 2100
- 1,937,880 · +171.5%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (80%)
- Race & ethnicity
- White 80% Hispanic / Latino 14% Two or more races 11% Black 1% Asian 1%
- Hispanic origin (detail)
- Mexican 9%
- Common ancestry
- Lithuanian 6% Slovak 3% Romanian 3%
- Foreign-born
- 6% · Canada
- Languages at home
- 90% English-only · Spanish 8%
Political lean MEDSL · Montgomery
- 2024 margin
- Solid R (+45.5) · D 26.8% · R 72.3%
- 2008→2024 swing
- +7.2pp toward D · 2008: -52.7pp · 2024: -45.5pp
- All cycles
- 2024: R+45.5 2020: R+43.8 2016: R+51.4 2012: R+60.7 2008: R+52.7
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -31.44%
- Current HPI
- 262.6973
- Rent YoY
- ▲ 0.40%
- Metro
- Houston-The Woodlands-Sugar Land, 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
2 events — show timeline
- 2026-06-07 Listed $139,000 HARMLS
- 1992-12-01 Sold (Public Records) — Public Records
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…