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400 Cr 458
B Composite 74.88
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
  • Appreciation +5.6/10.0
  • Schools +3.8/10.0
  • Livability +3.0/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0

$54,000

400 Cr 458 · Kirbyville, TX 75956
3 bd · 1.0 ba · 1,216 sqft · Manufactured public records · 26 Days on market
3.00 ac lot

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

This 3 bedroom, 1 bath older manufactured home with a huge add-on needs lots of TLC. So much potential for someone willing to put in the effort. The huge covered back porch gives plenty of space for entertaining & relaxing. Sitting on a dead end county road with very little traffic. In the highly rated Kirbyville school district. It is fenced and cross fenced and has a shared pond. Appliances & window units will convey. 2nd bathroom has been removed but can be restored. CASH ONLY! Renovate this one or bring in a new one. The choice is yours. Shown by appointment only so call your favorite realtor and come take a look.

Key facts

  • Shared pond
  • Covered back porch
  • 3 acre lot

Tags

COVERED BACK PORCHFENCED AND CROSS FENCEDSHARED POND

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/1.0-bath manufactured listed at $54k.

Deal economics

  • At list price, monthly cash flow is $525 ($6k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $54k).
  • Recommended offer: $53k (1.5% below list) — sets the bar for market timing.

Location & tenants

  • Location reads 59/100 on livability (#1,133 in TX) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A, health & safety A; Watch: schools D+, amenities F, commute F.
  • Kirbyville CISD (rural): math 48% / reading 43% proficiency, ranked #274 of 826 in TX (top 33%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: 98 active listings in the ZIP; 45 units permitted in Jasper County in 2024 (0 in 5+ unit buildings).

Forward outlook

  • In year one you build about $1k of equity ($373 loan paydown + $668 appreciation (1.2% local appreciation)).
  • Jasper County population projected at -15% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
  • At projected returns (1.2% appreciation + 3.0% rent growth), your $15k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 26 days — a 2% lower offer ($53k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

  • Watch-outs: property tax is 2.6% of price.
  • Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $53,190 (1.5% below list)

Questions for the listing agent

  1. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
  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
2.23%
Cap rate
17.97%
Cash-on-cash
41.69%
DSCR
2.86
GRM
3.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

1.24% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
44.6%
Equity multiple
3.32×
Total profit
$35,145
Equity at exit
$19,102
10-year hold
IRR
46.2%
Equity multiple
6.61×
Total profit
$84,809
Equity at exit
$25,909

Cash invested: $15,120 (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.

ZIP-level market 75956

Home prices YoY
0.8%
Active inventory
98
Price-to-rent
3.7×

Monthly cashflow live

Estimated rent
$1,202 medium interval (Pro) →
Mortgage (P&I)
$283
Tax from tax record
$119 /mo · $1,423/yr
Insurance
$22
HOA
$0
Vacancy / Maint / Mgmt
$252
Net cashflow
$525

Break-even live

Break-even rent $537
Max offer price $54,000
Occupancy floor 51%

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
$13,500
Closing costs
$1,620
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 4 events

  1. 2026-05-06
    status Pending 637-char remark
    Show marketing remark (637 chars)

    This 3 bedroom, 1 bath older manufactured home with a huge add-on needs lots of TLC. So much potential for someone willing to put in the effort. The huge covered back porch gives plenty of space for entertaining & relaxing. Sitting on a dead end county road with very little traffic. In the highly rated Kirbyville school district. It is fenced and cross fenced and has a shared pond. Appliances & window units will convey. 2nd bathroom has been removed but can be restored. CASH ONLY! Renovate this one or bring in a new one. The choice is yours. Shown by appointment only so call your favorite realtor and come take a look.

  2. 2026-05-05
    historical 588-char remark
    Show marketing remark (588 chars)

    This 3 bedroom, 1 bath older manufactured with a huge add-on sitting on 3 acres is in need of lots of TLC. Great potential for anyone willing to put in the effort. The big, covered back porch is a great place for entertaining or just chilling. Fenced & cross fenced & a shared pond. Not much traffic on this dead-end county road. Appliances & window units will convey. 2nd bathroom has been removed but can be restored. CASH ONLY sale. Rehab this one or bring in a new one, The infa-structure is here. Shown by appointment only so call your favorite realtor to schedule.

  3. 2026-04-11
    listed $54,000 Active 637-char remark
    Show marketing remark (637 chars)

    This 3 bedroom, 1 bath older manufactured home with a huge add-on needs lots of TLC. So much potential for someone willing to put in the effort. The huge covered back porch gives plenty of space for entertaining & relaxing. Sitting on a dead end county road with very little traffic. In the highly rated Kirbyville school district. It is fenced and cross fenced and has a shared pond. Appliances & window units will convey. 2nd bathroom has been removed but can be restored. CASH ONLY! Renovate this one or bring in a new one. The choice is yours. Shown by appointment only so call your favorite realtor and come take a look.

  4. 2026-04-10
    listed $54,000 588-char remark
    Show marketing remark (588 chars)

    This 3 bedroom, 1 bath older manufactured with a huge add-on sitting on 3 acres is in need of lots of TLC. Great potential for anyone willing to put in the effort. The big, covered back porch is a great place for entertaining or just chilling. Fenced & cross fenced & a shared pond. Not much traffic on this dead-end county road. Appliances & window units will convey. 2nd bathroom has been removed but can be restored. CASH ONLY sale. Rehab this one or bring in a new one, The infa-structure is here. Shown by appointment only so call your favorite realtor to schedule.

ⓘ 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
$1,423 · $119/mo
Projected year-2 tax
$1,423 · $119/mo
Expected delta
$0/yr ($0/mo · 0.0%)

ⓘ 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 6/10 Major
  • 🌡 Heat 8/10 Severe 7 d/yr ≥112°F today · 22 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 · 1 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$14,424
− Mortgage interest
−$3,025
− Property taxes
−$1,423
− Insurance
−$270
− Repairs & maintenance
−$1,154
− Management
−$1,154
− Depreciation
−$1,571
Taxable income
$5,828
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,399
After-tax cash flow
$4,905/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
Kirbyville CISD
NCES district ID
4825710
Math proficiency
48% ▼ -6.00%
Reading proficiency
43% ▼ -1.00%
Median HH income
$40,141
Composite
38.14/100
National rank
#4269
State rank
#274 of 826 in TX

Livability — Kirbyville

Score
59/100
State rank
#1133
US rank
#20020

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Population (ZIP)
7,085

Population outlook (Jasper County) Hauer SSP2

Today (2025)
33,986 people
By 2030
32,965 · -3.0%
By 2040
30,908 · -9.1%
By 2050
28,893 · -15.0%
By 2075
24,828 · -26.9%
By 2100
19,987 · -41.2%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (78%)
Race & ethnicity
White 78% Black 10% Two or more races 7% Hispanic / Latino 7%
Hispanic origin (detail)
Mexican 5%
Common ancestry
Lithuanian 2% Slovak 1% Italian 1%
Foreign-born
2% · Canada
Languages at home
94% English-only · Spanish 6%

Political lean MEDSL · Jasper

2024 margin
Solid R (+66.6) · D 16.5% · R 83.1%
2008→2024 swing
-24.6pp toward R · 2008: -42.0pp · 2024: -66.6pp
All cycles
2024: R+66.6 2020: R+61.4 2016: R+59.9 2012: R+48.4 2008: R+42.0

Not yet ingested

Civics

Market trends

HPI YoY
▲ 1.24%
Current HPI
161.736
Rent YoY
Metro
State GDP YoY
▲ 3.95%
F500 in state
110

Industry mix (Fortune 500 HQ in TX)

Industry F500 HQs Revenue

Price history

+0.0% since first listed
4 events — show timeline
  • 2026-05-06 Pending BBOR
  • 2026-05-05 Delisted Deep East Texas MLS
  • 2026-04-11 Listed $54,000 BBOR
  • 2026-04-10 Listed $54,000 Deep East Texas MLS

Property tax history

+15.5%/yr

Latest (2025): $1,423 · +8.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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