2075 Mangum Rd · West Livingston, TX 77351

$115,000

2 bd · 1.0 ba · 768 sqft · SingleFamily public records · 306 Days on market

Built 2024 7,579 sqft lot $150/sqft · 42% above area Est $94k · 23% over $17/mo HOA · 2% of rent

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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 +18.1/30.0
• DSCR +5.7/10.0
• 1% rule +4.8/10.0
• Schools +3.2/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

PRICE INPROVEMENT! Looking for a weekend getaway? A peaceful retreat? Here is the perfect place. This lovely quant, newly constructed tiny home is only 4 minutes from Lake Livingston. Included with this home is private access to the lovely Lake Livingston where the sunrises and sunsets will take your breath away. Enjoy the freedom of living in this home without sacrificing comfort. The open-concept design maximizes space and creates a feeling of openness. All lighting is LED so it's always bright in here, even on cloudy days. The attic has flooring so you have plenty of space for storage. The Ductless Aire 240 volt split system provides warmth in the cooler months and coolness in our Texas steaming months. Come on over, the water is perfect. Also included is Lakeland Hideaway Marina Located at 5167 FM 350 S Facility includes boat launch, fishing piers, picnic area, covered gazebo with restrooms. 2 acres for parking and enjoying Lake Livingston!

Key facts

• Open-concept design
• Led lighting
• Boat launch

Tags

• OPEN-CONCEPT DESIGN
• LED LIGHTING
• ATTIC FLOORING
• DUCTLESS AIRE SPLIT SYSTEM
• BOAT LAUNCH
• FISHING PIERS

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $115k.

Deal economics

• At list price, monthly cash flow is $102 ($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 $113k (1.9% below list).
• Recommended offer: $101k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.4% vs local median 2.4% in West Livingston — 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 50/100 on livability (#1,501 in TX) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: crime F, amenities F, commute F.
• Livingston ISD (rural): math 38% / reading 39% proficiency, ranked #459 of 826 in TX (top 56%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Timber Creek El (math 56% / reading 47%, grade C-, #808 of 4,322 statewide, top 19%, 522 students, 74% FRL); Livingston J H (math 30% / reading 32%, grade F, #1,015 of 1,662 statewide, top 62%, 893 students, 62% FRL); Livingston H S (math 35% / reading 46%, grade F, #798 of 1,632 statewide, top 49%, 1,128 students, 51% FRL) — zoned schools at 63% FRL track the district average.
• Market conditions: 1202 active listings in the ZIP; 769 units permitted in Polk County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $795 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Polk County population projected at +16% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 306 days — a 12% lower offer ($101k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 2y ago; this cycle's ask has dropped $70k (38%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 98% chance of damaging wind over 30y; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $101,200 (12.0% below list)

Questions for the listing agent

1. It's been on market 306 days. Have you received any prior offers? Is the seller open to a 12% 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 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?
6. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
7. 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?
8. 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.
9. 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.
10. 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: 0.98% ✗
• Cap rate: 7.36%
• Cash-on-cash: 3.80%
• DSCR: 1.17
• GRM: 8.5

CMA / ARV

• ARV (median comp): $93,811
• List price: $115,000
• Delta: 22.59%
• Verdict: OVERPRICED
• Comps: 12 within 1.0 mi

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
283 Bobwhite Ln	0.21mi	1/1.0 (-1)	676 (-12%)	2mo	$49,900	$74	64
144 Harry	0.71mi	2/1.0	680 (-12%)	22mo	$80,000	$118	30

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

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

5-year hold

• IRR: -10.3%
• Equity multiple: 0.62×
• Total profit: $-12,126
• Equity at exit: $17,147

10-year hold

• IRR: -1.0%
• Equity multiple: 0.93×
• Total profit: $-2,140
• Equity at exit: $9,943

Cash invested: $32,200 (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 77351

• Home prices YoY: -14.8%
• Active inventory: 1202
• Price-to-rent: 8.5×

Monthly cashflow live

• Estimated rent: $1,128 medium
• Mortgage (P&I): −$603
• Tax from tax record: −$121 /mo · $1,452/yr
• Insurance: −$48
• HOA: −$17
• Vacancy / Maint / Mgmt: −$237
• Net cashflow: $102

Break-even live

Break-even rent $999

Max offer price $115,000

Occupancy floor 86%

Sensitivity live

Price	-10% $167	-5% $135	+0% $102	+5% $69	+10% $37
Rent	-10% $13	-5% $57	+0% $102	+5% $147	+10% $191
Rate	-1.0pp $160	-0.5pp $131	base $102	+0.5pp $72	+1.0pp $42

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: $28,750
• Closing costs: $3,450
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $17 · $204/yr
• Likely covers: water

Listing history 22 events

1. 2026-06-21
   days on market $115,000 Active 306 DOM
2. 2026-06-18
   days on market $115,000 Active 303 DOM
3. 2026-06-17
   pricedays on market $115,000 Active 302 DOM
4. 2026-06-16
   days on market $128,000 Active 301 DOM
5. 2026-06-15
   days on market $128,000 Active 300 DOM
6. 2026-06-10
   days on market $128,000 Active 294 DOM
7. 2026-06-08
   days on market $128,000 Active 293 DOM
8. 2026-06-07
   days on market $128,000 Active 292 DOM
9. 2026-06-04
   days on market $128,000 Active 289 DOM
10. 2026-06-03
    days on market $128,000 Active 288 DOM
11. 2026-06-02
    days on market $128,000 Active 287 DOM
12. 2026-06-01
    days on market $128,000 Active 286 DOM
13. 2026-05-31
    days on market $128,000 Active 285 DOM
14. 2026-05-18
    price $128,000 968-char remark

    Show marketing remark (968 chars)

    PRICE INPROVEMENT! Looking for a weekend getaway? A peaceful retreat? Here is the perfect place. This lovely quant, newly constructed tiny home is only 4 minutes from Lake Livingston. Included with this home is private access to the lovely Lake Livingston where the sunrises and sunsets will take your breath away. Enjoy the freedom of living in this home without sacrificing comfort. The open-concept design maximizes space and creates a feeling of openness. All lighting is LED so it's always bright in here, even on cloudy days. The attic has flooring so you have plenty of space for storage. The Ductless Aire 240 volt split system provides warmth in the cooler months and coolness in our Texas steaming months. Come on over, the water is perfect. Also included is Lakeland Hideaway Marina Located at 5167 FM 350 S Facility includes boat launch, fishing piers, picnic area, covered gazebo with restrooms. 2 acres for parking and enjoying Lake Livingston!

15. 2025-11-21
    price $140,000 968-char remark

    Show marketing remark (968 chars)

    PRICE INPROVEMENT! Looking for a weekend getaway? A peaceful retreat? Here is the perfect place. This lovely quant, newly constructed tiny home is only 4 minutes from Lake Livingston. Included with this home is private access to the lovely Lake Livingston where the sunrises and sunsets will take your breath away. Enjoy the freedom of living in this home without sacrificing comfort. The open-concept design maximizes space and creates a feeling of openness. All lighting is LED so it's always bright in here, even on cloudy days. The attic has flooring so you have plenty of space for storage. The Ductless Aire 240 volt split system provides warmth in the cooler months and coolness in our Texas steaming months. Come on over, the water is perfect. Also included is Lakeland Hideaway Marina Located at 5167 FM 350 S Facility includes boat launch, fishing piers, picnic area, covered gazebo with restrooms. 2 acres for parking and enjoying Lake Livingston!

16. 2025-10-06
    price $166,000 968-char remark

    Show marketing remark (968 chars)

    PRICE INPROVEMENT! Looking for a weekend getaway? A peaceful retreat? Here is the perfect place. This lovely quant, newly constructed tiny home is only 4 minutes from Lake Livingston. Included with this home is private access to the lovely Lake Livingston where the sunrises and sunsets will take your breath away. Enjoy the freedom of living in this home without sacrificing comfort. The open-concept design maximizes space and creates a feeling of openness. All lighting is LED so it's always bright in here, even on cloudy days. The attic has flooring so you have plenty of space for storage. The Ductless Aire 240 volt split system provides warmth in the cooler months and coolness in our Texas steaming months. Come on over, the water is perfect. Also included is Lakeland Hideaway Marina Located at 5167 FM 350 S Facility includes boat launch, fishing piers, picnic area, covered gazebo with restrooms. 2 acres for parking and enjoying Lake Livingston!

17. 2025-10-04
    price $180,000 968-char remark

    Show marketing remark (968 chars)

    PRICE INPROVEMENT! Looking for a weekend getaway? A peaceful retreat? Here is the perfect place. This lovely quant, newly constructed tiny home is only 4 minutes from Lake Livingston. Included with this home is private access to the lovely Lake Livingston where the sunrises and sunsets will take your breath away. Enjoy the freedom of living in this home without sacrificing comfort. The open-concept design maximizes space and creates a feeling of openness. All lighting is LED so it's always bright in here, even on cloudy days. The attic has flooring so you have plenty of space for storage. The Ductless Aire 240 volt split system provides warmth in the cooler months and coolness in our Texas steaming months. Come on over, the water is perfect. Also included is Lakeland Hideaway Marina Located at 5167 FM 350 S Facility includes boat launch, fishing piers, picnic area, covered gazebo with restrooms. 2 acres for parking and enjoying Lake Livingston!

18. 2025-08-19
    listed $185,000 Active 968-char remark

    Show marketing remark (968 chars)

    PRICE INPROVEMENT! Looking for a weekend getaway? A peaceful retreat? Here is the perfect place. This lovely quant, newly constructed tiny home is only 4 minutes from Lake Livingston. Included with this home is private access to the lovely Lake Livingston where the sunrises and sunsets will take your breath away. Enjoy the freedom of living in this home without sacrificing comfort. The open-concept design maximizes space and creates a feeling of openness. All lighting is LED so it's always bright in here, even on cloudy days. The attic has flooring so you have plenty of space for storage. The Ductless Aire 240 volt split system provides warmth in the cooler months and coolness in our Texas steaming months. Come on over, the water is perfect. Also included is Lakeland Hideaway Marina Located at 5167 FM 350 S Facility includes boat launch, fishing piers, picnic area, covered gazebo with restrooms. 2 acres for parking and enjoying Lake Livingston!

19. 2024-04-23
    soldstatus Sold 649-char remark

    Show marketing remark (649 chars)

    Location Location!! Only a few minutes away from Walmart & Livingston High School . Close to all that Livingston has to offer but still quite relaxing neighborhood with no thru traffic and only minutes to the lake. The best of both worlds. Nice size cleared lot with all utilities already in place making very convenient for you to bring/build your new home. There was a doublewide mobile home in place previously. Mobile homes are allowed. Neighborhood with access to a private marina, boat ramp and pavilion. Short term rentals allowed. This piece of paradise is ready for a new family to make the best memories. Life is better at the lake!!

20. 2024-03-16
    status Pending 649-char remark

    Show marketing remark (649 chars)

    Location Location!! Only a few minutes away from Walmart & Livingston High School . Close to all that Livingston has to offer but still quite relaxing neighborhood with no thru traffic and only minutes to the lake. The best of both worlds. Nice size cleared lot with all utilities already in place making very convenient for you to bring/build your new home. There was a doublewide mobile home in place previously. Mobile homes are allowed. Neighborhood with access to a private marina, boat ramp and pavilion. Short term rentals allowed. This piece of paradise is ready for a new family to make the best memories. Life is better at the lake!!

21. 2024-01-29
    listed $39,000 Active 649-char remark

    Show marketing remark (649 chars)

    Location Location!! Only a few minutes away from Walmart & Livingston High School . Close to all that Livingston has to offer but still quite relaxing neighborhood with no thru traffic and only minutes to the lake. The best of both worlds. Nice size cleared lot with all utilities already in place making very convenient for you to bring/build your new home. There was a doublewide mobile home in place previously. Mobile homes are allowed. Neighborhood with access to a private marina, boat ramp and pavilion. Short term rentals allowed. This piece of paradise is ready for a new family to make the best memories. Life is better at the lake!!

22. 1999-11-17
    soldstatus

ⓘ 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: $1,452 · $121/mo
• Projected year-2 tax: $2,104 · $175/mo
• Expected delta: +$652/yr (+$54/mo · 44.9%)

ⓘ 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 3/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥112°F today · 24 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 98% 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: $13,534
• − Mortgage interest: −$6,442
• − Property taxes: −$1,452
• − Insurance: −$575
• − Repairs & maintenance: −$1,083
• − Management: −$1,083
• − HOA: −$204
• − Depreciation: −$3,345
• Taxable loss: −$650
• Est. tax savings @ 24.0%: +$156
• After-tax cash flow: $1,380/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: Livingston ISD
• NCES district ID: 4827780
• Math proficiency: 38% ▼ -1.00%
• Reading proficiency: 39% ▲ 3.00%
• Median HH income: $39,531
• Composite: 32.25/100
• National rank: #5767
• State rank: #459 of 826 in TX

Livability — West Livingston

• Score: 50/100
• State rank: #1501
• US rank: #25668

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: West Livingston, TX
• County: Polk County · 37,143 people
• Metro: nan
• Population (ZIP): 37,143
• Household income: $66,834
• Rent vs Own: 21.5% rent · 78.5% own
• Severe rent burden: 608.0

Population outlook (Polk County) Hauer SSP2

• Today (2025): 51,049 people
• By 2030: 53,243 · +4.3%
• By 2040: 56,528 · +10.7%
• By 2050: 59,243 · +16.1%
• By 2075: 63,528 · +24.4%
• By 2100: 60,376 · +18.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (72%)
• Race & ethnicity: White 72% Hispanic / Latino 14% Two or more races 9% Black 8% Native American 2%
• Hispanic origin (detail): Mexican 11%
• Common ancestry: Lithuanian 2% Italian 2% Portuguese 2%
• Foreign-born: 5% · Canada
• Languages at home: 88% English-only · Spanish 10%

Political lean MEDSL · Polk

• 2024 margin: Solid R (+58.9) · D 20.2% · R 79.1%
• 2008→2024 swing: -21.7pp toward R · 2008: -37.2pp · 2024: -58.9pp
• All cycles: 2024: R+58.9 2020: R+54.5 2016: R+56.5 2012: R+48.2 2008: R+37.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -31.11%
• Current HPI: 178.5316
• Rent YoY: —
• Metro: nan
• 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

+228.2% since first listed

9 events — show timeline

• 2026-05-18 Price Changed $128,000 HARMLS
• 2025-11-21 Price Changed $140,000 HARMLS
• 2025-10-06 Price Changed $166,000 HARMLS
• 2025-10-04 Price Changed $180,000 HARMLS
• 2025-08-19 Listed $185,000 HARMLS
• 2024-04-23 Sold (MLS) — HARMLS
• 2024-03-16 Pending — HARMLS
• 2024-01-29 Listed $39,000 HARMLS
• 1999-11-17 Sold (Public Records) — Public Records

Property tax history

+57.4%/yr

Latest (2025): $1,452 · +876.6% YoY. Source: county tax records.