210 N Ave H · Lamesa, TX
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $1,222 – $2,270
Heat risk 6/10 · Moderate
- Hot days now (above 101°F)
- 7 days/yr
- Hot days in 30 yrs
- 22 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- 1.0%
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
- Livability +3.5/5.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
- Schools +1.9/10.0
- Appreciation +0.0/10.0
$79,900
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks
THIS COMMERCIAL(GENERAL) ZONED PROPERTY HAS A 2BEDROOM 2BATH MOBILE HOME WITH 2ADDITION STORAGE UNITS. ONE STORAGE UNIT COULD BE TURNED INTO A TINY HOME, YOU MIGHT EVEN MAKE IT A MAN CAMP. SO MUCH POTENTIAL INCOME PRODUCING AVAILABLE. COME MAKE YOUR ENTREPRENEUR DREAMS COME TRUE. OWNER WILL FINANCE WITH $7000, 10% INT, PAYMENT ABOUT $650MONTHLY.
Key facts
- Mobile home
- Storage units
- 0.26 acre lot
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/1.0-bath other listed at $80k.
Deal economics
- At list price, monthly cash flow is $434 ($5k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $80k).
Location & tenants
- Location reads 69/100 on livability (#445 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: health & safety C-, schools D, amenities F.
- Lamesa ISD (town): math 19% / reading 26% proficiency, ranked #755 of 826 in TX (top 91%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
- Market conditions: 51 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; 1 units permitted in Dawson County in 2024 (0 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $552 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
- At projected returns (-3.0% appreciation + 3.0% rent growth), your $22k cash investment doubles in ~6 years — after that, you're playing with house money.
Negotiation context
- Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
Risks & watch-outs
- Climate carrying-cost: 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
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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
- 1.56% ✓
- Cap rate
- 12.81%
- Cash-on-cash
- 23.27%
- DSCR
- 2.04
- GRM
- 5.3
CMA / ARV
No comps found within radius.
Projected returns pro-forma
-3.0% appreciation · 3.0% rent growth · sell at horizon
- IRR
- 16.3%
- Equity multiple
- 1.66×
- Total profit
- $14,708
- Equity at exit
- $11,913
- IRR
- 24.9%
- Equity multiple
- 3.17×
- Total profit
- $48,470
- Equity at exit
- $6,908
Cash invested: $22,372 (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 79331
- Active inventory
- 51
- Price-to-rent
- 5.3×
Monthly cashflow live
- Estimated rent
- $1,248 medium interval (Pro) →
- Mortgage (P&I)
- −$419
- Tax est. 1.5%
- −$100 /mo · $1,198/yr
- Insurance
- −$33
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$262
- Net cashflow
- $434
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
- $19,975
- Closing costs
- $2,397
- 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 3 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1105 S 12th St Lamesa, TX | 3.0 | 1.0 | 960 | $1,100 | $1.15 | 43d | 1 | 0.90mi |
| 1101 S 15th St Lamesa, TX | 3.0 | 1.0 | 1182 | $1,100 | $0.93 | 43d | 1 | 1.11mi |
| 803 N 18th St Lamesa, TX | 3.0 | 2.0 | 1539 | $1,600 | $1.04 | 43d | 1 | 1.13mi |
Listing history 2 events
-
2026-04-23status Pending
-
2026-04-23$79,900 Active
ⓘ 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 (unshaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 6/10 Major 7 d/yr ≥101°F today · 22 d/yr by 30 yrs out
- Wind 2/10 Low 100% 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
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $14,979
- − Mortgage interest
- −$4,476
- − Property taxes
- −$1,198
- − Insurance
- −$400
- − Repairs & maintenance
- −$1,198
- − Management
- −$1,198
- − Depreciation
- −$2,324
- Taxable income
- $4,184
- Est. tax owed @ 24.0%
- −$1,004
- After-tax cash flow
- $4,203/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
- Lamesa ISD
- NCES district ID
- 4826610
- Math proficiency
- 19% ▼ -15.00%
- Reading proficiency
- 26% ▬ 0.00%
- Median HH income
- $38,346
- Composite
- 18.85/100
- National rank
- #8862
- State rank
- #755 of 826 in TX
Livability — Lamesa
- Score
- 69/100
- State rank
- #445
- US rank
- #9067
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Lamesa, TX
- Population (ZIP)
- 11,751
Population outlook (Dawson County) Hauer SSP2
- Today (2025)
- 12,411 people
- By 2030
- 12,268 · -1.2%
- By 2040
- 12,260 · -1.2%
- By 2050
- 12,117 · -2.4%
- By 2075
- 11,504 · -7.3%
- By 2100
- 10,176 · -18.0%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.57)
- Race & ethnicity
- Hispanic / Latino 56% White 34% Two or more races 24% Black 7%
- Hispanic origin (detail)
- Mexican 52%
- Common ancestry
- Lithuanian 2% Polish 2% Slovak 1%
- Foreign-born
- 6% · Canada
- Languages at home
- 65% English-only · Spanish 32% German/W. Germanic 2%
Political lean MEDSL · Dawson
- 2024 margin
- Solid R (+61.0) · D 19.0% · R 80.0%
- 2008→2024 swing
- -18.2pp toward R · 2008: -42.8pp · 2024: -61.0pp
- All cycles
- 2024: R+61.0 2020: R+56.6 2016: R+50.6 2012: R+43.2 2008: R+42.8
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -76.06%
- Current HPI
- 135.9298
- 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 |
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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
2 events — show timeline
- 2026-04-23 Pending — PBBOR
- 2026-04-23 Listed $79,900 PBBOR
Property tax history
-0.6%/yrLatest (2025): $65 · -20.9% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…