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5101 E County Rd 75
B Composite 72.64
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

5101 E County Rd 75 · Midland, TX 79705
3 bd · 2.0 ba · 1,216 sqft · Manufactured · 152 Days on market
Built 2018 Good condition ↓ 12% since listing

🖨 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

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

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.
Recommended offer $61,600 (12.0% below list)

Questions for the listing agent

  1. 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?
  2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. 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.
  5. 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.
  6. 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

5-year hold
IRR
69.5%
Equity multiple
4.11×
Total profit
$61,020
Equity at exit
$10,437
10-year hold
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
3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.

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

Break-even rent $612
Max offer price $70,000
Occupancy floor 39%

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

  1. 2026-06-19
    days on market $70,000 Active 152 DOM
  2. 2026-06-18
    days on market $70,000 Active 151 DOM
  3. 2026-06-17
    days on market $70,000 Active 150 DOM
  4. 2026-06-16
    days on market $70,000 Active 149 DOM
  5. 2026-06-15
    days on market $70,000 Active 148 DOM
  6. 2026-06-14
    days on market $70,000 Active 146 DOM
  7. 2026-06-13
    days on market $70,000 Active 145 DOM
  8. 2026-06-10
    days on market $70,000 Active 143 DOM
  9. 2026-06-09
    days on market $70,000 Active 142 DOM
  10. 2026-06-08
    days on market $70,000 Active 141 DOM
  11. 2026-06-07
    days on market $70,000 Active 140 DOM
  12. 2026-06-02
    days on market $70,000 Active 135 DOM
  13. 2026-06-01
    days on market $70,000 Active 134 DOM
  14. 2026-05-31
    days on market $70,000 Active 133 DOM
  15. 2026-05-30
    days on market $70,000 Active 132 DOM
  16. 2026-02-20
    price $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.

  17. 2026-01-18
    listed $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

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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
combined federal + state — saved on this device
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

Good 80/100 Cosmetic rehab

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

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

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
28.8% rent · 71.2% 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

Price history

-12.5% since first listed
2 events — show timeline
  • 2026-02-20 Price Changed $70,000 PBBOR
  • 2026-01-18 Listed $80,000 PBBOR

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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