211 Pine St · Bee, NE 68314

$195,000

3 bd · 2.0 ba · 1,876 sqft · Manufactured public records · 17 Days on market

Built 1999 0.39 ac lot

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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 +7.9/30.0
• ARV discount +7.5/15.0
• Appreciation +7.5/10.0
• Schools +5.9/10.0
• Livability +3.1/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• DSCR +1.9/10.0
• 1% rule +1.5/10.0

Listing remarks

If you’re looking for peaceful small-town living with easy access to nearby communities, this inviting home in Bee, Nebraska is just 10 minutes from Seward and approximately 35 minutes from Lincoln. This spacious 3-bedroom, 2-bath home offers both formal and informal dining areas plus two living spaces. Two bedrooms are located on the south side of the home, while the oversized primary suite is privately situated on the north end and features an ensuite bath with a soaking tub and separate shower. The oversized attached two-car garage opens into a spacious laundry room with room for folding, storage, and organization. Recent updates include brand-new carpet throughout, a roof less tha

Key facts

• Heated sunroom
• Recent updates
• Brand-new carpet

Tags

• OVERSIZED PRIMARY SUITE
• ENSUITE BATH WITH SOAKING TUB
• HEATED SUNROOM
• RECENT UPDATES
• BRAND-NEW CARPET
• ROOF LESS THAN ONE YEAR OLD

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $195k.

Deal economics

• At list price, monthly cash flow is $-210 ($-3k/yr) — negative.
• To cash-flow at today's rent, offer at most $158k (19.0% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $127k (34.7% below list).
• Recommended offer: $127k (34.7% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 62/100 on livability (#433 in NE) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: health & safety C-, schools F, amenities F.
• Seward Public Schools (town): math 73% / reading 63% proficiency, ranked #5 of 111 in NE (top 4%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 16% free/reduced lunch — higher-income household profile.
• Market conditions: 2 active listings in the ZIP; 94 units permitted in Seward County in 2024 (48 in 5+ unit buildings).

Forward outlook

• In year one you build about $11k of equity ($1k loan paydown + $10k appreciation (5.0% local appreciation)).
• By year 4, paydown + projected appreciation supports a ~$37k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 17 days — a 2% lower offer ($192k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 3y ago 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.
• Current owner paid $162k; 20% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Recommended offer $127,364 (34.7% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
5. 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.
6. 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.
7. 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: 0.65% ✗
• Cap rate: 5.00%
• Cash-on-cash: -4.62%
• DSCR: 0.79
• GRM: 12.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

4.98% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 8.9%
• Equity multiple: 1.57×
• Total profit: $31,302
• Equity at exit: $110,291

10-year hold

• IRR: 10.6%
• Equity multiple: 2.95×
• Total profit: $106,213
• Equity at exit: $190,171

Cash invested: $54,600 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 83 Strongly Landlord-Friendly
• State Nebraska: 83 Strongly Landlord-Friendly · R+13
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempted; moderate court pace.

Methodology + full state rankings →

ZIP-level market 68314

• Home prices YoY: 2.9%
• Active inventory: 2
• Price-to-rent: 12.8×

Monthly cashflow live

• Estimated rent: $1,274 medium
• Mortgage (P&I): −$1,023
• Tax from tax record: −$112 /mo · $1,349/yr
• Insurance: −$81
• HOA: −$0
• Vacancy / Maint / Mgmt: −$267
• Net cashflow: $-210

Break-even live

Break-even rent $1,540

Max offer price $157,887

Occupancy floor —

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: $48,750
• Closing costs: $5,850
• Reserves months: —
• Total cash needed: —

Listing history 20 events

1. 2026-06-18
   days on market $195,000 Active 17 DOM
2. 2026-06-17
   days on market $195,000 Active 16 DOM
3. 2026-06-16
   days on market $195,000 Active 15 DOM
4. 2026-06-15
   price $195,000 Active 14 DOM
5. 2026-06-15
   days on market $205,500 Active 14 DOM
6. 2026-06-14
   days on market $205,500 Active 12 DOM
7. 2026-06-10
   days on market $205,500 Active 9 DOM
8. 2026-06-09
   days on market $205,500 Active 8 DOM
9. 2026-06-08
   days on market $205,500 Active 7 DOM
10. 2026-06-07
    statusdays on market $205,500 Active 6 DOM
11. 2026-06-03
    days on market $205,500 New 2 DOM
12. 2026-06-02
    remarks 693-char remark
13. 2026-06-02
    pricestatusdays on marketlisting id $205,500 New 1 DOM
14. 2026-06-01
    days on market $195,900 Active 12 DOM
15. 2026-05-31
    days on market $195,900 Active 11 DOM
16. 2026-05-30
    days on market $195,900 Active 10 DOM
17. 2026-05-21
    listed $195,900 Active
18. 2024-04-19
    soldstatus $162,000
19. 2024-03-06
    historical
20. 2023-12-22
    listed $171,000 New

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

Tax reassessment forecast NE · Resets to sale price

• Current annual tax: $1,349 · $112/mo
• Projected year-2 tax: $3,374 · $281/mo
• Expected delta: +$2,025/yr (+$169/mo · 150.1%)

ⓘ 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 2/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥104°F today · 16 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,284
• − Mortgage interest: −$10,923
• − Property taxes: −$1,349
• − Insurance: −$975
• − Repairs & maintenance: −$1,223
• − Management: −$1,223
• − Depreciation: −$5,673
• Taxable loss: −$6,081
• Est. tax savings @ 24.0%: +$1,460
• After-tax cash flow: $-1,061/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: Seward Public Schools
• NCES district ID: 3176560
• Math proficiency: 73% ▼ -1.00%
• Reading proficiency: 63% ▼ -8.00%
• Median HH income: $61,041
• Composite: 58.82/100
• National rank: #975
• State rank: #5 of 111 in NE

Livability — Bee

• Score: 62/100
• State rank: #433
• US rank: #16643

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Bee, NE
• Population (ZIP): 451

Population outlook (Seward County) Hauer SSP2

• Today (2025): 17,435 people
• By 2030: 17,568 · +0.8%
• By 2040: 17,692 · +1.5%
• By 2050: 17,709 · +1.6%
• By 2075: 18,052 · +3.5%
• By 2100: 18,296 · +4.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (98%)
• Race & ethnicity: White 98% Hispanic / Latino 1% Two or more races 1%
• Common ancestry: Romanian 8% Polish 6% Slovak 5%
• Languages at home: 99% English-only · Spanish 1%

Political lean MEDSL · Seward

• 2024 margin: Solid R (+46.6) · D 26.0% · R 72.6% · Other 1.4%
• 2008→2024 swing: -20.8pp toward R · 2008: -25.8pp · 2024: -46.6pp
• All cycles: 2024: R+46.6 2020: R+44.0 2016: R+46.0 2012: R+34.7 2008: R+25.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 4.98%
• Current HPI: 177.9843
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 0.68%
• F500 in state: 2

Industry mix (Fortune 500 HQ in NE)

Industry	F500 HQs	Revenue
▸Conglomerate	1	$371B

Price history

+14.6% since first listed

4 events — show timeline

• 2026-05-21 Listed $195,900 FSBO.com
• 2024-04-19 Sold (Public Records) $162,000 Public Records
• 2024-03-06 Listing Removed — GPRMLS
• 2023-12-22 Listed $171,000 GPRMLS

Property tax history

-1.7%/yr

Latest (2025): $1,349 · -3.4% YoY. Source: county tax records.