110 W Mesquite Dr · Silverton, TX
Flood risk 10/10 · Severe
- FEMA flood zone
- —
- Chance of flooding over 30 yrs
- 0.99%
- Est. flood insurance / yr
- —
Fire risk 8/10 · Major
- Est. fire insurance / yr
- $1,222 – $2,270
Heat risk 5/10 · Moderate
- Hot days now (above 99°F)
- 7 days/yr
- Hot days in 30 yrs
- 19 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- 2.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 1 days/yr
Risk factors via First Street. Map © Google.
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 +5.0/10.0
- Schools +4.4/10.0
- Livability +3.4/5.0
- Rent growth +2.5/5.0
- Condition / age +2.2/5.0
$35,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks
Life is better at the Lake! Come home to Lake Mackenzie with this small but great mobile home with a view! Lots of upgrades have been made but there are still a few projects left. This is priced to sell with the furnishings including stove, fridge, table, couch, bedding and lots of extras plus the materials to finish out the projects. But let's talk about the views! 10 out of 10! I have interior photos and videos upon request. Slow down and live LIFE with a view.
Key facts
- Upgrades
- Mobile home
- Extras
Tags
Property features AI
Exterior
- Utilities: Public water; Sewer connected; Septic tank; Electricity connected
- Home design: Single-family residence; One story / single level
- Exterior features: Covered front and rear porch
Interior
- Kitchen: Range; Built-in refrigerator; Electric water heater
- Bathrooms: 1 full bathroom
- Heating & cooling: Electric heating; Electric cooling; Ceiling fan(s) for additional cooling
- Interior features: Ceiling fan(s)
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath single-family listed at $35k. Condition is rated fair.
Deal economics
- At list price, monthly cash flow is $516 ($6k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($959 rent vs $35k).
- Recommended offer: $34k (1.5% below list) — sets the bar for market timing.
Location & tenants
- Location reads 67/100 on livability (#551 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: schools D+, crime F, amenities F.
- Silverton ISD (rural): math 50% / reading 50% proficiency, ranked #391 of 1,141 in TX (top 34%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
- Market conditions: 6 active listings in the ZIP.
Forward outlook
- In year one you build about $1k of equity ($242 loan paydown + $1k appreciation (3.0% local appreciation)).
- Briscoe County population projected at -23% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
- At projected returns (3.0% appreciation + 3.0% rent growth), your $10k cash investment doubles in ~2 years — after that, you're playing with house money.
Negotiation context
- It's been on market 15 days — a 2% lower offer ($34k) is reasonable based on typical stale-listing flexibility.
Risks & watch-outs
- Climate carrying-cost: severe flood risk; severe wildfire risk; extreme-heat days projected 7→19/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?
- Built in 1978 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- 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?
- 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?
- 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
- 2.74% ✓
- Cap rate
- 23.98%
- Cash-on-cash
- 63.16%
- DSCR
- 3.81
- GRM
- 3.0
CMA / ARV
No comps found within radius.
Projected returns pro-forma
3.0% appreciation · 3.0% rent growth · sell at horizon
- IRR
- 68.0%
- Equity multiple
- 4.78×
- Total profit
- $37,082
- Equity at exit
- $15,738
- IRR
- 67.5%
- Equity multiple
- 9.77×
- Total profit
- $85,993
- Equity at exit
- $24,253
Cash invested: $9,800 (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 79257
- Active inventory
- 6
- Price-to-rent
- 3.0×
Monthly cashflow live
- Estimated rent
- $959 medium interval (Pro) →
- Mortgage (P&I)
- −$184
- Tax est. 1.5%
- −$44 /mo · $525/yr
- Insurance
- −$15
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$201
- Net cashflow
- $516
Break-even live
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
- $8,750
- Closing costs
- $1,050
- 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 13 events
-
2026-06-18days on market $35,000 Active 15 DOM
-
2026-06-17days on market $35,000 Active 14 DOM
-
2026-06-16days on market $35,000 Active 13 DOM
-
2026-06-15days on market $35,000 Active 12 DOM
-
2026-06-15days on market $35,000 Active 11 DOM
-
2026-06-13days on market $35,000 Active 10 DOM
-
2026-06-12days on market $35,000 Active 9 DOM
-
2026-06-09days on market $35,000 Active 6 DOM
-
2026-06-08days on market $35,000 Active 5 DOM
-
2026-06-08days on market $35,000 Active 4 DOM
-
2026-06-05days on market $35,000 Active 2 DOM
-
2026-06-04remarks 467-char remark
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2026-06-04$35,000 Active 1 DOM
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Climate risk First Street
- Flood 10/10 Extreme 99% chance over 30 yrs
- Wildfire 8/10 Severe
- Heat 5/10 Major 7 d/yr ≥99°F today · 19 d/yr by 30 yrs out
- Wind 2/10 Low 2% 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
Loading sold comps map…
Walkable amenities ~0.75 mi
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Taxation est. · year 1
- Rental income
- $11,509
- − Mortgage interest
- −$1,961
- − Property taxes
- −$525
- − Insurance
- −$175
- − Repairs & maintenance
- −$921
- − Management
- −$921
- − Depreciation
- −$1,018
- Taxable income
- $5,989
- Est. tax owed @ 24.0%
- −$1,437
- After-tax cash flow
- $4,752/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 · 7 photos
This mobile home requires moderate repairs and maintenance, including a new roof and exterior paint, to improve its condition and value.
Repairs flagged
- Major roof — Signs of wear and potential leaks
- Major exterior siding — Weathered and in poor condition
- Major landscaping — Overgrown and in poor condition
Value-add opportunities
- Both paint exterior walls — Fresh paint can improve curb appeal and value
- Both repair roof — A new roof can significantly increase the home's value
- Both landscaping — A well-maintained yard can enhance curb appeal and value
Renovation cost estimate screening
| Repair item | Severity | Est. cost |
|---|---|---|
| roof · Signs of wear and potential leaks | Major | $15,000–50,000 |
| exterior siding · Weathered and in poor condition | Major | $15,000–50,000 |
| landscaping · Overgrown and in poor condition | Major | $15,000–50,000 |
| Total estimated repair cost · 3 items | $45,000–150,000 |
Value-add ROI direction
- Both paint exterior walls — Fresh paint can improve curb appeal and value ↑
- Both repair roof — A new roof can significantly increase the home's value ↑
- Both landscaping — A well-maintained yard can enhance curb appeal and value ↑
ⓘ 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
- Silverton ISD
- NCES district ID
- 4840290
- Math proficiency
- 50% ▲ 5.00%
- Reading proficiency
- 50% ▲ 10.00%
- Median HH income
- $40,394
- Composite
- 43.89/100
- National rank
- #6305
- State rank
- #391 of 1141 in TX
Livability — Silverton
- Score
- 67/100
- State rank
- #551
- US rank
- #10644
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Population (ZIP)
- 727
Population outlook (Briscoe County) Hauer SSP2
- Today (2025)
- 1,366 people
- By 2030
- 1,300 · -4.8%
- By 2040
- 1,176 · -13.9%
- By 2050
- 1,054 · -22.8%
- By 2075
- 865 · -36.7%
- By 2100
- 691 · -49.4%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Majority White (60%)
- Race & ethnicity
- White 60% Hispanic / Latino 34% Two or more races 5% Black 4%
- Hispanic origin (detail)
- Mexican 34%
- Common ancestry
- Lithuanian 2% Slovak 2%
- Foreign-born
- 12% · Canada
- Languages at home
- 70% English-only · Spanish 30%
Political lean MEDSL · Briscoe
- 2024 margin
- Solid R (+79.8) · D 9.7% · R 89.5%
- 2008→2024 swing
- -30.2pp toward R · 2008: -49.6pp · 2024: -79.8pp
- All cycles
- 2024: R+79.8 2020: R+77.4 2016: R+72.8 2012: R+65.6 2008: R+49.6
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- —
- Current HPI
- —
- 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 |
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| Technology | 5 | $198B |
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| Engineering / Construction | 4 | $72B |
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| Energy Services | 3 | $60B |
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| Utilities | 3 | $41B |
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| Healthcare | 2 | $330B |
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Price history
1 event — show timeline
- 2026-06-03 Listed $35,000 PARMLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…