1114 Euclid · Aransas Pass, TX 78336

$140,000

2 bd · 2.0 ba · 1,056 sqft · Manufactured public records · 63 Days on market

Built 1980 8,712 sqft lot

---

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
• DSCR +10.0/10.0
• 1% rule +8.9/10.0
• ARV discount +7.5/15.0
• Livability +3.6/5.0
• Schools +2.7/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Cute, meticulously maintained move-in ready coastal home waiting for the next owner to fall in love with this property. All you need to bring is your personal items because this one comes fully furnished, turn-key, and ready to start enjoying the coastal breeze right away. Open living, dining, and kitchen area with custom-built cabinets. Two well-appointed split bedrooms, all painted in cool coastal colors. The outdoor sitting area is just a lovely place to sit and it has a separate enclosed area with an above-ground pool just waiting for you to jump in. All of this is on a dead-end street, close to the boat ramp, shopping, and recreation. The yard is large enough to park any larger toys that you bring along to enjoy the coast. This coastal home is just waiting for you to make it your own and you will get to join in all the fun we are having in Aransas Pass!

Key facts

• Open parking space
• Private pool
• Local marinas

Tags

• PRIVATE POOL
• OPEN PARKING SPACE
• MINUTES FROM THE WATER
• LOCAL MARINAS
• POPULAR COASTAL ATTRACTIONS

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $140k.

Deal economics

• At list price, monthly cash flow is $173 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $140k).
• Recommended offer: $132k (6.0% below list) — sets the bar for market timing.
• Cap rate 11.4% vs local median 4.6% in Aransas Pass — 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 72/100 on livability (#253 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: schools D, amenities F, commute F.
• Aransas Pass ISD (town): math 28% / reading 35% proficiency, ranked #597 of 826 in TX (top 72%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 64% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 275 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 40% of comp listings sitting > 30 days — soft ceiling on asking rent; 344 units permitted in San Patricio County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $968 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• San Patricio County population projected at +27% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 63 days — a 6% lower offer ($132k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 18y 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.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→29/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $131,600 (6.0% below list)

Questions for the listing agent

1. It's been on market 63 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
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 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?
6. 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.
7. 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.
8. 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: 1.39% ✓
• Cap rate: 11.43%
• Cash-on-cash: 18.35%
• DSCR: 1.82
• GRM: 6.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: -7.9%
• Equity multiple: 0.71×
• Total profit: $-11,410
• Equity at exit: $20,874

10-year hold

• IRR: 1.9%
• Equity multiple: 1.14×
• Total profit: $5,346
• Equity at exit: $12,105

Cash invested: $39,200 (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 78336

• Home prices YoY: -29.5%
• Active inventory: 275
• Price-to-rent: 6.0×

Monthly cashflow live

• Estimated rent: $1,949 high
• Mortgage (P&I): −$734
• Tax from tax record: −$148 /mo · $1,771/yr
• Insurance: −$58
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$409
• Net cashflow: $173

Break-even live

Break-even rent $1,730

Max offer price $140,000

Occupancy floor 86%

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: $35,000
• Closing costs: $4,200
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
203 E Ransom Rd Aransas Pass, TX	2.0	1.0	625	$1,145	$1.83	14d	5	0.27mi
1131 S 8th St Unit 1268400P Aransas Pass, TX	3.0	2.0	1280	$4,105	$3.21	44d	1	0.77mi
119 S Rife St Unit B Aransas Pass, TX	1.0	1.0	850	$1,450	$1.71	14d	1	0.97mi
1109 W Nelson Ave Aransas Pass, TX	2.0	2.0	1304	$1,800	$1.38	44d	1	1.11mi
633 N Commercial St Aransas Pass, TX	2.0	1.0	900	$1,850	$2.06	21d	1	1.49mi

Listing history 17 events

1. 2026-04-14
   status Pending
2. 2026-02-10
   listed $140,000 New
3. 2026-01-27
   historical
4. 2025-12-05
   price $147,500
5. 2025-11-04
   price $150,000
6. 2025-11-04
   price $15,000
7. 2025-10-16
   listed $170,000 New
8. 2022-09-02
   soldstatus
9. 2022-09-01
   historical 870-char remark

   Show marketing remark (870 chars)

   Cute, meticulously maintained move-in ready coastal home waiting for the next owner to fall in love with this property. All you need to bring is your personal items because this one comes fully furnished, turn-key, and ready to start enjoying the coastal breeze right away. Open living, dining, and kitchen area with custom-built cabinets. Two well-appointed split bedrooms, all painted in cool coastal colors. The outdoor sitting area is just a lovely place to sit and it has a separate enclosed area with an above-ground pool just waiting for you to jump in. All of this is on a dead-end street, close to the boat ramp, shopping, and recreation. The yard is large enough to park any larger toys that you bring along to enjoy the coast. This coastal home is just waiting for you to make it your own and you will get to join in all the fun we are having in Aransas Pass!

10. 2022-09-01
    soldstatus Closed 870-char remark

    Show marketing remark (870 chars)

    Cute, meticulously maintained move-in ready coastal home waiting for the next owner to fall in love with this property. All you need to bring is your personal items because this one comes fully furnished, turn-key, and ready to start enjoying the coastal breeze right away. Open living, dining, and kitchen area with custom-built cabinets. Two well-appointed split bedrooms, all painted in cool coastal colors. The outdoor sitting area is just a lovely place to sit and it has a separate enclosed area with an above-ground pool just waiting for you to jump in. All of this is on a dead-end street, close to the boat ramp, shopping, and recreation. The yard is large enough to park any larger toys that you bring along to enjoy the coast. This coastal home is just waiting for you to make it your own and you will get to join in all the fun we are having in Aransas Pass!

11. 2022-09-01
    soldstatus

    Show marketing remark (870 chars)

    Cute, meticulously maintained move-in ready coastal home waiting for the next owner to fall in love with this property. All you need to bring is your personal items because this one comes fully furnished, turn-key, and ready to start enjoying the coastal breeze right away. Open living, dining, and kitchen area with custom-built cabinets. Two well-appointed split bedrooms, all painted in cool coastal colors. The outdoor sitting area is just a lovely place to sit and it has a separate enclosed area with an above-ground pool just waiting for you to jump in. All of this is on a dead-end street, close to the boat ramp, shopping, and recreation. The yard is large enough to park any larger toys that you bring along to enjoy the coast. This coastal home is just waiting for you to make it your own and you will get to join in all the fun we are having in Aransas Pass!

12. 2022-08-23
    status Pending 870-char remark

    Show marketing remark (870 chars)

    Cute, meticulously maintained move-in ready coastal home waiting for the next owner to fall in love with this property. All you need to bring is your personal items because this one comes fully furnished, turn-key, and ready to start enjoying the coastal breeze right away. Open living, dining, and kitchen area with custom-built cabinets. Two well-appointed split bedrooms, all painted in cool coastal colors. The outdoor sitting area is just a lovely place to sit and it has a separate enclosed area with an above-ground pool just waiting for you to jump in. All of this is on a dead-end street, close to the boat ramp, shopping, and recreation. The yard is large enough to park any larger toys that you bring along to enjoy the coast. This coastal home is just waiting for you to make it your own and you will get to join in all the fun we are having in Aransas Pass!

13. 2022-08-19
    listed $119,900
14. 2022-08-17
    listed $119,900 Active 870-char remark

    Show marketing remark (870 chars)

    Cute, meticulously maintained move-in ready coastal home waiting for the next owner to fall in love with this property. All you need to bring is your personal items because this one comes fully furnished, turn-key, and ready to start enjoying the coastal breeze right away. Open living, dining, and kitchen area with custom-built cabinets. Two well-appointed split bedrooms, all painted in cool coastal colors. The outdoor sitting area is just a lovely place to sit and it has a separate enclosed area with an above-ground pool just waiting for you to jump in. All of this is on a dead-end street, close to the boat ramp, shopping, and recreation. The yard is large enough to park any larger toys that you bring along to enjoy the coast. This coastal home is just waiting for you to make it your own and you will get to join in all the fun we are having in Aransas Pass!

15. 2008-09-08
    soldstatus
16. 2008-09-05
    soldstatus
17. 2008-02-08
    listed $52,000

ⓘ 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: $1,771 · $148/mo
• Projected year-2 tax: $2,562 · $214/mo
• Expected delta: +$791/yr (+$66/mo · 44.7%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 10/10 Extreme FEMA zone AE · 99% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥106°F today · 29 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% 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: $23,383
• − Mortgage interest: −$7,842
• − Property taxes: −$1,771
• − Insurance: −$5,818
• − Repairs & maintenance: −$1,871
• − Management: −$1,871
• − Depreciation: −$4,073
• Taxable income: $137
• Est. tax owed @ 24.0%: −$33
• After-tax cash flow: $2,040/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: Aransas Pass ISD
• NCES district ID: 4808580
• Math proficiency: 28% ▼ -16.00%
• Reading proficiency: 35% ▼ -4.00%
• Median HH income: $40,869
• Composite: 26.55/100
• National rank: #7191
• State rank: #597 of 826 in TX

Livability — Aransas Pass

• Score: 72/100
• State rank: #253
• US rank: #5980

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Aransas Pass, TX
• Population (ZIP): 12,146

Population outlook (San Patricio County) Hauer SSP2

• Today (2025): 75,538 people
• By 2030: 79,575 · +5.3%
• By 2040: 87,670 · +16.1%
• By 2050: 96,107 · +27.2%
• By 2075: 117,984 · +56.2%
• By 2100: 130,010 · +72.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.58)
• Race & ethnicity: White 49% Hispanic / Latino 43% Two or more races 21% Asian 2% Native American 2% Black 2%
• Hispanic origin (detail): Mexican 36% Puerto Rican 2%
• Common ancestry: Italian 2% Lithuanian 2% Slovak 1%
• Foreign-born: 9% · Canada, Jamaica, China
• Languages at home: 77% English-only · Spanish 21% Tagalog/Filipino 1%

Political lean MEDSL · San Patricio

• 2024 margin: Solid R (+36.4) · D 31.4% · R 67.8%
• 2008→2024 swing: -19.8pp toward R · 2008: -16.6pp · 2024: -36.4pp
• All cycles: 2024: R+36.4 2020: R+29.1 2016: R+24.1 2012: R+20.6 2008: R+16.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -78.56%
• Current HPI: 187.8443
• 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
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

+169.2% since first listed

17 events — show timeline

• 2026-04-14 Pending — LERA
• 2026-02-10 Listed $140,000 LERA
• 2026-01-27 Listing Removed — LERA
• 2025-12-05 Price Changed $147,500 LERA
• 2025-11-04 Price Changed $150,000 LERA
• 2025-11-04 Price Changed $15,000 LERA
• 2025-10-16 Listed $170,000 LERA
• 2022-09-02 Sold (Public Records) — Public Records
• 2022-09-01 Delisted — CBMLS
• 2022-09-01 Sold (MLS) — RAAR
• 2022-09-01 Sold (MLS) — CBMLS
• 2022-08-23 Pending — CBMLS
• 2022-08-19 Listed $119,900 RAAR
• 2022-08-17 Listed $119,900 CBMLS
• 2008-09-08 Sold (Public Records) — Public Records
• 2008-09-05 Sold (MLS) — CBMLS
• 2008-02-08 Listed $52,000 CBMLS

Property tax history

+12.0%/yr

Latest (2025): $1,771 · -15.2% YoY. Source: county tax records.