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6344 S Highland Cir
B Composite 71.49
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
  • Rent growth +4.5/5.0
  • Schools +3.7/10.0
  • Livability +3.3/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$69,000

6344 S Highland Cir · Haltom City, TX 76117
1 bd · 1.0 ba · 1,064 sqft · Manufactured public records · 4 Days on market
Built 1983 6,142 sqft lot

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

Listing remarks

Investor special in Fort Worth! This 2-bedroom, 2-bathroom single-wide mobile home, built in 1983, offers a great opportunity for those looking to add value through renovation. The property includes a covered 2-car carport and is priced to reflect the extensive repairs and updates needed. This home requires a full renovation and is being sold strictly as-is. Cash buyers only. Whether you're looking for your next flip, rental project, or investment property, this is a chance to bring your vision to life and unlock the property's potential.

Key facts

  • 6,142 sq ft lot
  • Parking
  • Built 1983

Property features AI

Finance

  • Other: Possession at closing/funding; Photos count: 17; Transaction type: For sale
  • Financial info: Listing terms: Cash; Treat as clear loan type; No second mortgage
  • HOA & community: No association

Exterior

  • Parking: Carport (covered) with space for 1 vehicle; No garage
  • Utilities: Cable available; City sewer; City water; Electricity connected; Individual water meter
  • Home design: Residential mobile home; Attached; Built in 1983
  • Construction: Year built: 1983
  • Exterior features: Lot smaller than 0.5 acre (about 0.141 acres); Subdivision: Highlands Add; Directions: Soloma and Highland intersection

Interior

  • Kitchen: Dishwasher
  • Bedrooms: Primary bedroom on level 1 (approx. 10 x 10)
  • Bathrooms: 2 full bathrooms
  • Interior features: Cable TV available; High-speed internet available; One living area; One dining area; Total rooms: 2; Levels: One

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 1-bed/1.0-bath manufactured listed at $69k.

Deal economics

  • At list price, monthly cash flow is $533 ($6k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $69k).
  • Cap rate 15.6% vs local median 4.3% in Haltom City — 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 66/100 on livability (#644 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: employment D+, amenities F, commute F.
  • Birdville ISD (suburban): math 42% / reading 43% proficiency, ranked #299 of 826 in TX (top 36%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Cheney Hills El (math 22% / reading 22%, grade F, #3,333 of 4,322 statewide, top 80%, 664 students, 86% FRL) — zoned schools average 86% FRL vs 48% district-wide (38 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Zoned-school proficiency averages 22% at this address vs 42% district-wide (-20 pts) — the specific schools serving this property underperform the Birdville ISD average; the district grade overstates school quality for this exact location.
  • Market conditions: Rents rising fast (+7.9%/yr); 125 active listings in the ZIP; 17 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 47% of comp listings sitting > 30 days — soft ceiling on asking rent; 18,938 units permitted in Tarrant County in 2024 (8,336 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $477 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
  • Tarrant County population projected at +41% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (-3.0% appreciation + 7.9% rent growth), your $19k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

  • Only 4 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

  • Climate carrying-cost: moderate wind risk, 26% chance of damaging wind over 30y; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $69,000

Questions for the listing agent

  1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  2. 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?
  3. 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.
  4. 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.
  5. 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
1.78%
Cap rate
15.57%
Cash-on-cash
33.13%
DSCR
2.47
GRM
4.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 7.89% rent growth · sell at horizon

5-year hold
IRR
33.6%
Equity multiple
2.51×
Total profit
$29,138
Equity at exit
$10,288
10-year hold
IRR
43.0%
Equity multiple
6.07×
Total profit
$97,945
Equity at exit
$5,966

Cash invested: $19,320 (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 76117

Home prices YoY
-23.9%
Rents YoY
7.9%
Active inventory
125
Price-to-rent
4.7×

Monthly cashflow live

Estimated rent
$1,231 high interval (Pro) →
Mortgage (P&I)
$362
Tax from tax record
$48 /mo · $578/yr
Insurance
$29
HOA
$0
Vacancy / Maint / Mgmt
$258
Net cashflow
$533

Break-even live

Break-even rent $555
Max offer price $69,000
Occupancy floor 52%

Sensitivity live

Price -10% $572 -5% $553 +0% $533 +5% $514 +10% $494
Rent -10% $436 -5% $485 +0% $533 +5% $582 +10% $631
Rate -1.0pp $568 -0.5pp $551 base $533 +0.5pp $515 +1.0pp $497

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
$17,250
Closing costs
$2,070
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 17 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
6324 Baker Blvd Richland Hills, TX 1.0–2.0 1.0–1.5 850 $1,019 $1.20 2d 22 0.42mi
6200 Baker Blvd Fort Worth, TX 1.0 1.0 745 $988 $1.33 25d 1 0.50mi
6520 Park Place Dr Richland Hills, TX 2.0–3.0 1.0–2.0 1317 $1,100 $0.84 2d 3 0.71mi
6605 Park Place Dr Richland Hills, TX 2.0 2.0 1192 $1,450 $1.22 44d 1 0.76mi
6605 Park Place Dr Unit D Richland Hills, TX 2.0 1.5 1192 $1,450 $1.22 25d 1 0.77mi
3208 Matthews Dr Richland Hills, TX 2.0 1.5 1000 $1,490 $1.49 44d 1 0.88mi
3216 Matthews Dr Richland Hills, TX 2.0 1.5 1000 $1,490 $1.49 44d 1 0.88mi
3218 Matthews Dr Richland Hills, TX 2.0 1.5 1000 $1,480 $1.48 44d 1 0.88mi
6305 Richland Plaza Dr Unit 6305 North Richland Hills, TX 2.0 1.0 960 $1,350 $1.41 44d 1 0.96mi
6321 Richland Plaza Dr Apt D North Richland Hills, TX 2.0 1.0 960 $1,100 $1.15 15d 1 0.97mi
5501 Adams Dr Haltom City, TX 2.0 1.0 889 $1,215 $1.37 3d 1 1.05mi
5501 Adams Dr Haltom City, TX 2.0 1.0 889 $1,215 $1.37 13d 1 1.05mi
5501 Adams Dr Haltom City, TX 2.0 1.0 889 $1,215 $1.37 11d 1 1.05mi
5501 Adams Dr Haltom City, TX 2.0 1.0 889 $1,250 $1.41 44d 1 1.05mi
3760 Kris St North Richland Hills, TX 2.0 1.0 880 $1,495 $1.70 44d 1 1.29mi
5280 Fossil Dr Haltom City, TX 1.0 1.0 700 $1,050 $1.50 25d 1 1.31mi
6419 Onyx Dr N North Richland Hills, TX 2.0 1.0 1012 $1,625 $1.61 44d 1 1.32mi

Listing history 3 events

  1. 2026-06-13
    statusdays on market $69,000 Pending 4 DOM
  2. 2026-06-08
    remarks 544-char remark
  3. 2026-06-08
    listed $69,000 Active 1 DOM

ⓘ 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
$578 · $48/mo
Projected year-2 tax
$1,263 · $105/mo
Expected delta
+$684/yr (+$57/mo · 118.4%)

ⓘ 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 3/10 Moderate
  • 🌡 Heat 7/10 Severe 7 d/yr ≥110°F today · 23 d/yr by 30 yrs out
  • 💨 Wind 5/10 Major 26% chance of damaging wind over 30 yrs
  • 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$14,767
− Mortgage interest
−$3,865
− Property taxes
−$578
− Insurance
−$345
− Repairs & maintenance
−$1,181
− Management
−$1,181
− Depreciation
−$2,007
Taxable income
$5,608
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,346
After-tax cash flow
$5,054/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
Birdville ISD
NCES district ID
4810230
Math proficiency
42% ▼ -12.00%
Reading proficiency
43% ▼ -6.00%
Median HH income
$55,930
Composite
37.13/100
National rank
#4491
State rank
#299 of 826 in TX

Livability — Haltom City

Score
66/100
State rank
#644
US rank
#12214

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Haltom City, TX
County
Tarrant County · 2,033,669 people
City population
32,950
Metro
Dallas-Fort Worth-Arlington, TX
Population (ZIP)
32,950
Household income
$51,670
Rent vs Own
50.0% rent · 50.0% own
Severe rent burden
1105.0

Population outlook (Tarrant County) Hauer SSP2

Today (2025)
2,380,417 people
By 2030
2,578,900 · +8.3%
By 2040
2,974,995 · +25.0%
By 2050
3,350,489 · +40.8%
By 2075
4,216,909 · +77.2%
By 2100
4,741,527 · +99.2%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.64)
Race & ethnicity
Hispanic / Latino 46% White 38% Two or more races 18% Asian 7% Black 6%
Hispanic origin (detail)
Mexican 42% Puerto Rican 1%
Common ancestry
Italian 2% Serbian 1% Lithuanian 1%
Foreign-born
24% · Canada, Vietnam
Languages at home
56% English-only · Spanish 36% Other Asian/Pacific 4% Vietnamese 2%

Political lean MEDSL · Tarrant

2024 margin
Lean R (+5.1) · D 46.7% · R 51.9% · Other 1.4%
2008→2024 swing
+6.6pp toward D · 2008: -11.7pp · 2024: -5.1pp
All cycles
2024: R+5.1 2020: D+0.2 2016: R+8.7 2012: R+15.7 2008: R+11.7

Not yet ingested

Civics

Market trends

HPI YoY
▼ -103.25%
Current HPI
328.69
Rent YoY
▲ 7.89%
Metro
Dallas-Fort Worth-Arlington, TX
State GDP YoY
▲ 3.95%
F500 in state
110

Industry mix (Fortune 500 HQ in TX)

Industry F500 HQs Revenue

Price history

5 events — show timeline
  • 2026-06-08 Listed $69,000 NTREIS
  • 2026-05-05 Sold (Public Records) Public Records
  • 2026-05-05 Sold (Public Records) Public Records
  • 2026-05-05 Sold (Public Records) Public Records
  • 1988-09-08 Sold (Public Records) Public Records

Property tax history

+0.4%/yr

Latest (2025): $578 · -2.4% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…