14218 W County Rd 175 · Odessa, TX 79766

$220,000

3 bd · 2.0 ba · 2,016 sqft · Manufactured · 96 Days on market

Built 2018 Poor condition 1.00 ac lot $30/mo HOA · 1% of rent ↓ 5% since listing

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Why this score? — see what drove the C+ 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 +23.8/30.0
• DSCR +7.7/10.0
• ARV discount +7.5/15.0
• Appreciation +7.5/10.0
• 1% rule +5.4/10.0
• Livability +3.8/5.0
• Schools +3.2/10.0
• Rent growth +2.5/5.0
• Condition / age +1.0/5.0

Listing remarks MLS

2018 Mobile home located on a corner lot offering 3 bedrooms and 2 bathrooms on a 1-acre. Features a spacious, flowing layout from living area to kitchen. Property includes shed and 2 horse stalls located at the back of the lot, perfect for horses!

Key facts

• 2 horse stalls
• Level 1-acre lot
• Corner lot

Tags

• CORNER LOT
• LEVEL 1-ACRE LOT
• 2 HORSE STALLS

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $220k. Condition is rated poor.

Deal economics

• At list price, monthly cash flow is $423 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $220k).
• Recommended offer: $200k (9.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 75/100 on livability (#132 in TX, #3,928 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: commute D+, amenities D, schools F.
• Midland ISD (urban): math 34% / reading 36% proficiency, ranked #477 of 826 in TX (top 58%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 78 active listings in the ZIP; 1,504 units permitted in Midland County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $12k of equity ($2k loan paydown + $11k appreciation (4.9% local appreciation)).
• Midland County population projected at +83% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (4.9% appreciation + 3.0% rent growth), your $62k cash investment doubles in ~4 years — after that, you're playing with house money.
• By year 3, paydown + projected appreciation supports a ~$30k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 96 days — a 9% lower offer ($200k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: major 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 $200,200 (9.0% below list)

Questions for the listing agent

1. It's been on market 96 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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.
8. 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.
9. 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: 1.04% ✓
• Cap rate: 8.60%
• Cash-on-cash: 8.24%
• DSCR: 1.37
• GRM: 8.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

4.91% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 19.7%
• Equity multiple: 2.24×
• Total profit: $76,467
• Equity at exit: $123,454

10-year hold

• IRR: 19.6%
• Equity multiple: 4.38×
• Total profit: $208,367
• Equity at exit: $212,065

Cash invested: $61,600 (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.

Methodology + full state rankings →

ZIP-level market 79766

• Home prices YoY: 2.3%
• Active inventory: 78
• Price-to-rent: 8.0×

Monthly cashflow live

• Estimated rent: $2,299 medium
• Mortgage (P&I): −$1,154
• Tax from tax record: −$117 /mo · $1,409/yr
• Insurance: −$92
• HOA: −$30
• Vacancy / Maint / Mgmt: −$483
• Net cashflow: $423

Break-even live

Break-even rent $1,763

Max offer price $220,000

Occupancy floor 77%

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: $55,000
• Closing costs: $6,600
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $30 · $360/yr

Listing history 20 events

1. 2026-06-19
   days on market $220,000 Active 96 DOM
2. 2026-06-18
   days on market $220,000 Active 95 DOM
3. 2026-06-17
   days on market $220,000 Active 94 DOM
4. 2026-06-16
   days on market $220,000 Active 93 DOM
5. 2026-06-15
   days on market $220,000 Active 92 DOM
6. 2026-06-14
   days on market $220,000 Active 90 DOM
7. 2026-06-13
   days on market $220,000 Active 89 DOM
8. 2026-06-10
   days on market $220,000 Active 87 DOM
9. 2026-06-09
   days on market $220,000 Active 86 DOM
10. 2026-06-08
    days on market $220,000 Active 85 DOM
11. 2026-06-07
    days on market $220,000 Active 84 DOM
12. 2026-06-03
    days on market $220,000 Active 80 DOM
13. 2026-06-03
    price $220,000 Active 79 DOM
14. 2026-06-02
    days on market $235,000 Active 79 DOM
15. 2026-06-01
    days on market $235,000 Active 78 DOM
16. 2026-05-31
    days on market $235,000 Active 77 DOM
17. 2026-05-30
    days on market $235,000 Active 76 DOM
18. 2026-05-06
    price $235,000 249-char remark

    Show marketing remark (249 chars)

    2018 Mobile home located on a corner lot offering 3 bedrooms and 2 bathrooms on a 1-acre. Features a spacious, flowing layout from living area to kitchen. Property includes shed and 2 horse stalls located at the back of the lot, perfect for horses!

19. 2026-04-13
    price $243,000 249-char remark

    Show marketing remark (249 chars)

    2018 Mobile home located on a corner lot offering 3 bedrooms and 2 bathrooms on a 1-acre. Features a spacious, flowing layout from living area to kitchen. Property includes shed and 2 horse stalls located at the back of the lot, perfect for horses!

20. 2026-03-15
    listed $248,000 Active 249-char remark

    Show marketing remark (249 chars)

    2018 Mobile home located on a corner lot offering 3 bedrooms and 2 bathrooms on a 1-acre. Features a spacious, flowing layout from living area to kitchen. Property includes shed and 2 horse stalls located at the back of the lot, perfect for horses!

ⓘ 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: $1,409 · $117/mo
• Projected year-2 tax: $4,026 · $336/mo
• Expected delta: +$2,617/yr (+$218/mo · 185.7%)

ⓘ 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 · 0% chance over 30 yrs
• 🔥 Wildfire 7/10 Severe
• 🌡 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

Taxation est. · year 1

• Rental income: $27,583
• − Mortgage interest: −$12,323
• − Property taxes: −$1,409
• − Insurance: −$1,100
• − Repairs & maintenance: −$2,207
• − Management: −$2,207
• − HOA: −$360
• − Depreciation: −$6,400
• Taxable income: $1,577
• Est. tax owed @ 24.0%: −$379
• After-tax cash flow: $4,699/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 · 1 photo

Poor 20/100 Extensive rehab

This mobile home requires extensive repairs and landscaping to improve its condition and value.

Repairs flagged

• Major Exposed wooden framing and debris under the deck — Structural damage
• Major Landscaping and curb appeal — Improves aesthetics

Value-add opportunities

• Both Landscaping and curb appeal — Improves aesthetics and curb appeal
• Both Structural repairs — Ensures structural integrity and safety

Renovation cost estimate screening

Repair item	Severity	Est. cost
Exposed wooden framing and debris under the deck · Structural damage	Major	$15,000–50,000
Landscaping and curb appeal · Improves aesthetics	Major	$15,000–50,000
Total estimated repair cost · 2 items		$30,000–100,000

Value-add ROI direction

• Both Landscaping and curb appeal — Improves aesthetics and curb appeal ↑
• Both Structural repairs — Ensures structural integrity and safety ↑

ⓘ 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: Midland ISD
• NCES district ID: 4830570
• Math proficiency: 34% ▼ -7.00%
• Reading proficiency: 36% ▬ 0.00%
• Median HH income: $63,457
• Composite: 31.63/100
• National rank: #5938
• State rank: #477 of 826 in TX

Livability — Odessa

• Score: 75/100
• State rank: #132
• US rank: #3928

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• City population: 131,169
• Population (ZIP): 10,712

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: Predominantly Hispanic (68%)
• Race & ethnicity: Hispanic / Latino 68% White 25% Two or more races 24% Black 3% Native American 2%
• Hispanic origin (detail): Mexican 63% Cuban 2%
• Common ancestry: Slovak 5% Serbian 4% Lithuanian 1%
• Foreign-born: 22% · Canada, Jamaica
• Languages at home: 36% English-only · Spanish 63%

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: ▲ 4.91%
• Current HPI: 222.3497
• 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

-5.2% since first listed

3 events — show timeline

• 2026-05-06 Price Changed $235,000 ODMLS
• 2026-04-13 Price Changed $243,000 ODMLS
• 2026-03-15 Listed $248,000 ODMLS

Property tax history

-1.3%/yr

Latest (2025): $1,409 · -6.0% YoY. Source: county tax records.