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606 San Jacinto St
C- Composite 51.83
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 +21.0/30.0
  • ARV discount +7.5/15.0
  • DSCR +6.7/10.0
  • 1% rule +5.8/10.0
  • Livability +3.1/5.0
  • Condition / age +2.8/5.0
  • Rent growth +2.5/5.0
  • Schools +2.5/10.0
  • Appreciation +0.0/10.0

$149,000

606 San Jacinto St · Big Spring, TX 79720
3 bd · 2.0 ba · 1,792 sqft · Manufactured public records · 352 Days on market
Built 2019 Average condition 7,013 sqft lot ↓ 13% since listing

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Discover modern comfort in this 2019-built 3-bedroom, 2-bathroom double mobile home in Big Spring, Texas! Featuring 1,792 sq. ft. of open-concept living space on a 0.161-acre lot, this all-electric home is designed for convenience and style. Property includes a utility room, ceiling fans throughout, and a fenced yard. Please note, mineral rights are reserved. Don't wait—schedule your showing today and make this your next home!

Key facts

  • Utility room
  • Fenced yard
  • 7,013 sq ft lot

Tags

OPEN-CONCEPT LIVING SPACEUTILITY ROOMFENCED YARD

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
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What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath manufactured listed at $149k. Condition is rated average.

Deal economics

  • At list price, monthly cash flow is $211 ($3k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $149k).
  • Recommended offer: $131k (12.0% below list) — sets the bar for market timing.

Location & tenants

  • Location reads 62/100 on livability (#948 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: employment C-, schools F, crime F.
  • Big Spring ISD (town): math 29% / reading 30% proficiency, ranked #641 of 826 in TX (top 78%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 63% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: 266 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 69 units permitted in Howard County in 2024 (5 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
  • Howard County population projected at +42% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 352 days — a 12% lower offer ($131k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

  • Climate carrying-cost: severe wildfire risk; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $131,120 (12.0% below list)

Questions for the listing agent

  1. It's been on market 352 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. 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?
  5. 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?
  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
1.08%
Cap rate
7.99%
Cash-on-cash
6.06%
DSCR
1.27
GRM
7.7

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
-6.9%
Equity multiple
0.74×
Total profit
$-10,695
Equity at exit
$22,216
10-year hold
IRR
2.7%
Equity multiple
1.19×
Total profit
$8,116
Equity at exit
$12,883

Cash invested: $41,720 (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 79720

Active inventory
266
Price-to-rent
7.7×

Monthly cashflow live

Estimated rent
$1,603 medium interval (Pro) →
Mortgage (P&I)
$781
Tax from tax record
$212 /mo · $2,546/yr
Insurance
$62
HOA
$0
Vacancy / Maint / Mgmt
$337
Net cashflow
$211

Break-even live

Break-even rent $1,336
Max offer price $149,000
Occupancy floor 82%

Sensitivity live

Price -10% $295 -5% $253 +0% $211 +5% $168 +10% $126
Rent -10% $84 -5% $147 +0% $211 +5% $274 +10% $337
Rate -1.0pp $286 -0.5pp $248 base $211 +0.5pp $172 +1.0pp $133

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
$37,250
Closing costs
$4,470
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.

Rent comps 1 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
801 W Marcy Dr Big Spring, TX 2.0 2.0 1276 $1,166 $0.91 13d 1 1.31mi

Listing history 5 events

  1. 2026-04-24
    price $149,000 436-char remark
    Show marketing remark (436 chars)

    Discover modern comfort in this 2019-built 3-bedroom, 2-bathroom double mobile home in Big Spring, Texas! Featuring 1,792 sq. ft. of open-concept living space on a 0.161-acre lot, this all-electric home is designed for convenience and style. Property includes a utility room, ceiling fans throughout, and a fenced yard. Please note, mineral rights are reserved. Don't wait—schedule your showing today and make this your next home!

  2. 2025-11-13
    price $165,000 436-char remark
    Show marketing remark (436 chars)

    Discover modern comfort in this 2019-built 3-bedroom, 2-bathroom double mobile home in Big Spring, Texas! Featuring 1,792 sq. ft. of open-concept living space on a 0.161-acre lot, this all-electric home is designed for convenience and style. Property includes a utility room, ceiling fans throughout, and a fenced yard. Please note, mineral rights are reserved. Don't wait—schedule your showing today and make this your next home!

  3. 2025-06-09
    listed $174,000 Active 436-char remark
    Show marketing remark (436 chars)

    Discover modern comfort in this 2019-built 3-bedroom, 2-bathroom double mobile home in Big Spring, Texas! Featuring 1,792 sq. ft. of open-concept living space on a 0.161-acre lot, this all-electric home is designed for convenience and style. Property includes a utility room, ceiling fans throughout, and a fenced yard. Please note, mineral rights are reserved. Don't wait—schedule your showing today and make this your next home!

  4. 2024-07-17
    price $165,000
  5. 2024-04-16
    price $172,000

ⓘ 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
$2,546 · $212/mo
Projected year-2 tax
$2,727 · $227/mo
Expected delta
+$180/yr (+$15/mo · 7.1%)

ⓘ 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 (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 9/10 Extreme
  • 🌡 Heat 6/10 Major 7 d/yr ≥102°F today · 23 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low 4% 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
$19,233
− Mortgage interest
−$8,346
− Property taxes
−$2,546
− Insurance
−$745
− Repairs & maintenance
−$1,539
− Management
−$1,539
− Depreciation
−$4,335
Taxable income
$184
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$44
After-tax cash flow
$2,482/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

Average 55/100 Cosmetic rehab

This 2019-built mobile home in Big Spring, Texas, offers a good starting point for a cosmetic renovation. With minor repairs and updates, it can significantly increase its resale and rental value.

Repairs flagged

  • Minor Kitchen cabinets — Worn appearance
  • Minor Bathroom fixtures — Dated appearance
  • Minor Exterior siding — Weathered appearance
  • Minor Hardwood floors — Signs of wear
  • Minor Paint — Faded appearance
  • Minor Windows — Not new

Value-add opportunities

  • Both Painting and updating kitchen cabinets — Enhances curb appeal and interior aesthetics
  • Both Landscaping and yard maintenance — Improves curb appeal and enhances property value
  • Both New flooring — Enhances interior aesthetics and increases value
  • Both New windows — Improves energy efficiency and enhances curb appeal

Renovation cost estimate screening

Repair itemSeverityEst. cost
Kitchen cabinets · Worn appearance Minor $500–3,000
Bathroom fixtures · Dated appearance Minor $500–3,000
Exterior siding · Weathered appearance Minor $500–3,000
Hardwood floors · Signs of wear Minor $500–3,000
Paint · Faded appearance Minor $500–3,000
Windows · Not new Minor $500–3,000
Total estimated repair cost · 6 items $3,000–18,000

Value-add ROI direction

  • Both Painting and updating kitchen cabinets — Enhances curb appeal and interior aesthetics
  • Both Landscaping and yard maintenance — Improves curb appeal and enhances property value
  • Both New flooring — Enhances interior aesthetics and increases value
  • Both New windows — Improves energy efficiency and enhances curb appeal

ⓘ 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
Big Spring ISD
NCES district ID
4810200
Math proficiency
29% ▼ -1.00%
Reading proficiency
30% ▲ 4.00%
Median HH income
$42,916
Composite
25.11/100
National rank
#7529
State rank
#641 of 826 in TX

Livability — Big Spring

Score
62/100
State rank
#948
US rank
#16886

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Big Spring, TX
County
Howard County · 29,936 people
City population
29,936
Metro
Big Spring, TX
Population (ZIP)
29,936
Household income
$68,785
Rent vs Own
30.8% rent · 69.2% own
Severe rent burden
638.0

Population outlook (Howard County) Hauer SSP2

Today (2025)
43,396 people
By 2030
46,792 · +7.8%
By 2040
54,096 · +24.7%
By 2050
61,707 · +42.2%
By 2075
79,809 · +83.9%
By 2100
87,385 · +101.4%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.59)
Race & ethnicity
Hispanic / Latino 45% White 45% Two or more races 17% Black 5% Asian 1%
Hispanic origin (detail)
Mexican 37%
Common ancestry
Slovak 1% Italian 1% Lithuanian 1%
Foreign-born
10% · Canada
Languages at home
71% English-only · Spanish 28%

Political lean MEDSL · Howard

2024 margin
Solid R (+62.8) · D 18.2% · R 81.1%
2008→2024 swing
-16.6pp toward R · 2008: -46.3pp · 2024: -62.8pp
All cycles
2024: R+62.8 2020: R+58.4 2016: R+56.0 2012: R+58.2 2008: R+46.3

Not yet ingested

Civics

Market trends

HPI YoY
▼ -207.13%
Current HPI
140.8159
Rent YoY
Metro
Big Spring, TX
State GDP YoY
▲ 3.95%
F500 in state
110

Industry mix (Fortune 500 HQ in TX)

Industry F500 HQs Revenue

Price history

-13.4% since first listed
5 events — show timeline
  • 2026-04-24 Price Changed $149,000 PBBOR
  • 2025-11-13 Price Changed $165,000 PBBOR
  • 2025-06-09 Listed $174,000 PBBOR
  • 2024-07-17 Price Changed $165,000 PBBOR
  • 2024-04-16 Price Changed $172,000 PBBOR

Property tax history

+1.6%/yr

Latest (2025): $2,546 · +15.2% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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