5101 E County Rd 75 · Midland, TX
Flood risk 1/10 · Minimal
- FEMA flood zone
- X
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 9/10 · Severe
- Est. fire insurance / yr
- $1,222 – $2,270
Heat risk 6/10 · Moderate
- Hot days now (above 102°F)
- 7 days/yr
- Hot days in 30 yrs
- 22 days/yr
Wind risk 3/10 · Minor
- Chance of severe wind over 30 yrs
- 5.0%
Air-quality risk 1/10 · Minimal
- Unhealthy air days now
- 0 days/yr
- Unhealthy air days in 30 yrs
- 0 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
- Schools +4.1/10.0
- Livability +4.0/5.0
- Condition / age +4.0/5.0
- Rent growth +3.1/5.0
- Appreciation +0.0/10.0
$70,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Single-wide 16x76 manufactured home, 2018, offering 1,216 sq. ft. of living space. The home is very well maintained and in great condition, with everything needed for comfortable everyday living. A great option for anyone looking for an affordable, practical home. Mobile Home Only, Buyer is responsible for moving the mobile home after closing.
Key facts
- Built 2018
- Listed 151 days
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath manufactured listed at $70k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $1k ($14k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $70k).
- Recommended offer: $62k (12.0% below list) — sets the bar for market timing.
- Cap rate 26.0% vs local median 4.7% in Midland — 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 79/100 on livability (#57 in TX, #2,192 nationally) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A+, health & safety A+; Watch: schools C-, crime C-, commute D+.
- Greenwood ISD (rural): math 45% / reading 44% proficiency, ranked #220 of 826 in TX (top 27%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Market conditions: Rents rising (+2.6%/yr); 452 active listings in the ZIP; solid renter incomes; 1,504 units permitted in Midland County in 2024 (0 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $484 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
- Midland County population projected at +83% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
- At projected returns (-3.0% appreciation + 2.6% rent growth), your $20k cash investment doubles in ~2 years — after that, you're playing with house money.
Negotiation context
- It's been on market 152 days — a 12% lower offer ($62k) is reasonable based on typical stale-listing flexibility.
Risks & watch-outs
- Climate carrying-cost: severe wildfire risk; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 152 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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
- 2.95% ✓
- Cap rate
- 26.01%
- Cash-on-cash
- 70.41%
- DSCR
- 4.13
- GRM
- 2.8
CMA / ARV
No comps found within radius.
Projected returns pro-forma
-3.0% appreciation · 2.56% rent growth · sell at horizon
- IRR
- 69.5%
- Equity multiple
- 4.11×
- Total profit
- $61,020
- Equity at exit
- $10,437
- IRR
- 73.4%
- Equity multiple
- 8.34×
- Total profit
- $143,867
- Equity at exit
- $6,052
Cash invested: $19,600 (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 79705
- Rents YoY
- 2.6%
- Active inventory
- 452
- Price-to-rent
- 2.8×
Monthly cashflow live
- Estimated rent
- $2,068 medium interval (Pro) →
- Mortgage (P&I)
- −$367
- Tax est. 1.5%
- −$88 /mo · $1,050/yr
- Insurance
- −$29
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$434
- Net cashflow
- $1,150
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
- $17,500
- Closing costs
- $2,100
- 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 17 events
-
2026-06-19days on market $70,000 Active 152 DOM
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2026-06-18days on market $70,000 Active 151 DOM
-
2026-06-17days on market $70,000 Active 150 DOM
-
2026-06-16days on market $70,000 Active 149 DOM
-
2026-06-15days on market $70,000 Active 148 DOM
-
2026-06-14days on market $70,000 Active 146 DOM
-
2026-06-13days on market $70,000 Active 145 DOM
-
2026-06-10days on market $70,000 Active 143 DOM
-
2026-06-09days on market $70,000 Active 142 DOM
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2026-06-08days on market $70,000 Active 141 DOM
-
2026-06-07days on market $70,000 Active 140 DOM
-
2026-06-02days on market $70,000 Active 135 DOM
-
2026-06-01days on market $70,000 Active 134 DOM
-
2026-05-31days on market $70,000 Active 133 DOM
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2026-05-30days on market $70,000 Active 132 DOM
-
2026-02-20price $70,000 345-char remark
Show marketing remark (345 chars)
Single-wide 16x76 manufactured home, 2018, offering 1,216 sq. ft. of living space. The home is very well maintained and in great condition, with everything needed for comfortable everyday living. A great option for anyone looking for an affordable, practical home. Mobile Home Only, Buyer is responsible for moving the mobile home after closing.
-
2026-01-18$80,000 Active 345-char remark
Show marketing remark (345 chars)
Single-wide 16x76 manufactured home, 2018, offering 1,216 sq. ft. of living space. The home is very well maintained and in great condition, with everything needed for comfortable everyday living. A great option for anyone looking for an affordable, practical home. Mobile Home Only, Buyer is responsible for moving the mobile home after closing.
ⓘ 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 1/10 Low FEMA zone X · 0% chance over 30 yrs
- Wildfire 9/10 Extreme
- Heat 6/10 Major 7 d/yr ≥102°F today · 22 d/yr by 30 yrs out
- Wind 3/10 Moderate 5% chance of damaging wind over 30 yrs
- Air quality 1/10 Low 0 unhealthy d/yr today · 0 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
- $24,816
- − Mortgage interest
- −$3,921
- − Property taxes
- −$1,050
- − Insurance
- −$350
- − Repairs & maintenance
- −$1,985
- − Management
- −$1,985
- − Depreciation
- −$2,036
- Taxable income
- $13,488
- Est. tax owed @ 24.0%
- −$3,237
- After-tax cash flow
- $10,563/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 · 12 photos
This single-wide manufactured home is in excellent condition with modern appliances and a clean interior. It is move-in ready and would benefit from a fresh coat of paint and some landscaping improvements to enhance its curb appeal and resale value.
Value-add opportunities
- Both Paint the exterior — Enhances curb appeal and resale value
- Both Replace outdoor lighting — Improves safety and enhances curb appeal
- Both Install a new front door — Enhances curb appeal and security
Renovation cost estimate screening
Value-add ROI direction
- Both Paint the exterior — Enhances curb appeal and resale value ↑
- Both Replace outdoor lighting — Improves safety and enhances curb appeal ↑
- Both Install a new front door — Enhances curb appeal and security ↑
ⓘ 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
- Greenwood ISD
- NCES district ID
- 4821750
- Math proficiency
- 45% ▲ 4.00%
- Reading proficiency
- 44% ▲ 1.00%
- Median HH income
- $74,012
- Composite
- 40.54/100
- National rank
- #3701
- State rank
- #220 of 826 in TX
Livability — Midland
- Score
- 79/100
- State rank
- #57
- US rank
- #2192
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Midland County · 168,494 people
- City population
- 168,494
- Metro
- Midland, TX
- Population (ZIP)
- 46,653
- Household income
- $105,310
- Rent vs Own
- Severe rent burden
- 1557.0
Population outlook (Midland County) Hauer SSP2
- Today (2025)
- 220,895 people
- By 2030
- 253,667 · +14.8%
- By 2040
- 325,498 · +47.4%
- By 2050
- 404,168 · +83.0%
- By 2075
- 609,802 · +176.1%
- By 2100
- 760,172 · +244.1%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.60)
- Race & ethnicity
- White 46% Hispanic / Latino 43% Two or more races 20% Black 8%
- Hispanic origin (detail)
- Mexican 35%
- Common ancestry
- Slovak 1% Lithuanian 1% Serbian 1%
- Foreign-born
- 10% · Canada, Jamaica
- Languages at home
- 72% English-only · Spanish 24% Arabic 1%
Political lean MEDSL · Midland
- 2024 margin
- Solid R (+60.5) · D 19.3% · R 79.8%
- 2008→2024 swing
- -3.3pp toward R · 2008: -57.3pp · 2024: -60.5pp
- All cycles
- 2024: R+60.5 2020: R+56.6 2016: R+55.2 2012: R+61.5 2008: R+57.3
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -300.44%
- Current HPI
- 207.2904
- Rent YoY
- ▲ 2.56%
- Metro
- Midland, TX
- 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
-12.5% since first listed2 events — show timeline
- 2026-02-20 Price Changed $70,000 PBBOR
- 2026-01-18 Listed $80,000 PBBOR
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…