211 Private Road 5308 · Canton, TX 75103

$85,000

None bd · None ba · 1,116 sqft · Manufactured public records · 478 Days on market

Built 1974 0.98 ac lot $76/sqft · 45% below area Est $156k · 45% under ↓ 15% since listing

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Why this score? — see what drove the F 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).

• ARV discount +15.0/15.0
• Livability +3.6/5.0
• Schools +3.5/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Cash flow +0.0/30.0
• 1% rule +0.0/10.0
• DSCR +0.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Discover a hidden gem on this secluded 1-acre lot, perfect for investors seeking a promising opportunity! Nestled away from the hustle and bustle, this property offers a serene escape while still being conveniently accessible. The lot features a mobile home that, while in need of repair or replacement, presents an exciting canvas for renovation or a brand-new build. Imagine transforming this space into a cozy retreat or a rental property that could yield impressive returns. What sets this property apart is the existing shop, equipped with electric, providing endless possibilities for storage, work, or even a small business venture. Whether you envision a workshop for your hobbies, a space for creative projects, or a rental unit, the infrastructure is already in place, saving you time and money. The surrounding area is filled with natural beauty, offering peace and tranquility, making it an ideal location for those who appreciate privacy yet desire proximity to local amenities. This lot is not just a property; it’s a gateway to potential. With the right vision, you can turn this secluded haven into a thriving investment. Don't miss out on this opportunity to capitalize on a property that combines charm, potential, and an unbeatable location. Whether you’re looking to flip or replace the mobile home, construct a new dwelling, or utilize the shop space, the possibilities are endless. Secure your investment today and watch your dreams take shape in this inviting, tranquil setting!

Key facts

• Existing shop
• Ideal location
• Secluded lot

Tags

• SECLUDED LOT
• EXISTING SHOP
• NATURAL BEAUTY
• IDEAL LOCATION

What this means for you Summary

Snapshot

• This is a manufactured listed at $85k.

Deal economics

• At list price, monthly cash flow is $-570 ($-7k/yr) — negative.
• Rent doesn't cover operating costs at any purchase price — skip.
• Recommended offer: $75k (12.0% below list) — sets the bar for market timing.
• Cap rate -1.8% vs local median 3.0% in Canton — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.

Location & tenants

• Location reads 72/100 on livability (#239 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: employment C-, schools D+, amenities F.
• Van ISD (rural): math 40% / reading 42% proficiency, ranked #390 of 826 in TX (top 47%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 259 active listings in the ZIP; 54 units permitted in Van Zandt County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $588 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Van Zandt County population projected at +4% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 478 days — a 12% lower offer ($75k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts; this cycle's ask has dropped $15k (15%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 51% chance of damaging wind over 30y; extreme-heat days projected 6→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $74,800 (12.0% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 478 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
3. Built in 1974 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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 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?
7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
8. 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.
9. 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.
10. 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: 0.00% ✗
• Cap rate: -1.75%
• Cash-on-cash: -28.74%
• DSCR: -0.28
• GRM: 0.0

CMA / ARV

• ARV (median comp): $155,902
• List price: $85,000
• Delta: -45.48%
• Verdict: UNDERPRICED
• Comps: 3 within 2.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: -84.3%
• Equity multiple: -1.10×
• Total profit: $-50,085
• Equity at exit: $12,674

10-year hold

• IRR: —
• Equity multiple: -2.80×
• Total profit: $-90,399
• Equity at exit: $7,349

Cash invested: $23,800 (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 75103

• Home prices YoY: -14.3%
• Active inventory: 259

Monthly cashflow live

• Estimated rent: $0 none
• Mortgage (P&I): −$446
• Tax from tax record: −$89 /mo · $1,065/yr
• Insurance: −$35
• HOA: −$0
• Vacancy / Maint / Mgmt: −$0
• Net cashflow: $-570

Break-even live

Break-even rent $721

Max offer price —

Occupancy floor —

Sensitivity live

Price	-10% $-522	-5% $-546	+0% $-570	+5% $-594	+10% $-618
Rent	-10% $-570	-5% $-570	+0% $-570	+5% $-570	+10% $-570
Rate	-1.0pp $-527	-0.5pp $-548	base $-570	+0.5pp $-592	+1.0pp $-614

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: $21,250
• Closing costs: $2,550
• Reserves months: —
• Total cash needed: —

Listing history 13 events

1. 2026-06-13
   days on marketlisting id $85,000 Pending 478 DOM
2. 2026-05-13
   status Pending 1513-char remark

   Show marketing remark (1513 chars)

   Discover a hidden gem on this secluded 1-acre lot, perfect for investors seeking a promising opportunity! Nestled away from the hustle and bustle, this property offers a serene escape while still being conveniently accessible. The lot features a mobile home that, while in need of repair or replacement, presents an exciting canvas for renovation or a brand-new build. Imagine transforming this space into a cozy retreat or a rental property that could yield impressive returns. What sets this property apart is the existing shop, equipped with electric, providing endless possibilities for storage, work, or even a small business venture. Whether you envision a workshop for your hobbies, a space for creative projects, or a rental unit, the infrastructure is already in place, saving you time and money. The surrounding area is filled with natural beauty, offering peace and tranquility, making it an ideal location for those who appreciate privacy yet desire proximity to local amenities. This lot is not just a property; it’s a gateway to potential. With the right vision, you can turn this secluded haven into a thriving investment. Don't miss out on this opportunity to capitalize on a property that combines charm, potential, and an unbeatable location. Whether you’re looking to flip or replace the mobile home, construct a new dwelling, or utilize the shop space, the possibilities are endless. Secure your investment today and watch your dreams take shape in this inviting, tranquil setting!

3. 2026-05-13
   status Pending 1513-char remark

   Show marketing remark (1513 chars)

   Discover a hidden gem on this secluded 1-acre lot, perfect for investors seeking a promising opportunity! Nestled away from the hustle and bustle, this property offers a serene escape while still being conveniently accessible. The lot features a mobile home that, while in need of repair or replacement, presents an exciting canvas for renovation or a brand-new build. Imagine transforming this space into a cozy retreat or a rental property that could yield impressive returns. What sets this property apart is the existing shop, equipped with electric, providing endless possibilities for storage, work, or even a small business venture. Whether you envision a workshop for your hobbies, a space for creative projects, or a rental unit, the infrastructure is already in place, saving you time and money. The surrounding area is filled with natural beauty, offering peace and tranquility, making it an ideal location for those who appreciate privacy yet desire proximity to local amenities. This lot is not just a property; it’s a gateway to potential. With the right vision, you can turn this secluded haven into a thriving investment. Don't miss out on this opportunity to capitalize on a property that combines charm, potential, and an unbeatable location. Whether you’re looking to flip or replace the mobile home, construct a new dwelling, or utilize the shop space, the possibilities are endless. Secure your investment today and watch your dreams take shape in this inviting, tranquil setting!

4. 2025-10-03
   status Active 1513-char remark

   Show marketing remark (1513 chars)

   Discover a hidden gem on this secluded 1-acre lot, perfect for investors seeking a promising opportunity! Nestled away from the hustle and bustle, this property offers a serene escape while still being conveniently accessible. The lot features a mobile home that, while in need of repair or replacement, presents an exciting canvas for renovation or a brand-new build. Imagine transforming this space into a cozy retreat or a rental property that could yield impressive returns. What sets this property apart is the existing shop, equipped with electric, providing endless possibilities for storage, work, or even a small business venture. Whether you envision a workshop for your hobbies, a space for creative projects, or a rental unit, the infrastructure is already in place, saving you time and money. The surrounding area is filled with natural beauty, offering peace and tranquility, making it an ideal location for those who appreciate privacy yet desire proximity to local amenities. This lot is not just a property; it’s a gateway to potential. With the right vision, you can turn this secluded haven into a thriving investment. Don't miss out on this opportunity to capitalize on a property that combines charm, potential, and an unbeatable location. Whether you’re looking to flip or replace the mobile home, construct a new dwelling, or utilize the shop space, the possibilities are endless. Secure your investment today and watch your dreams take shape in this inviting, tranquil setting!

5. 2025-10-03
   status Active 1513-char remark

   Show marketing remark (1513 chars)

   Discover a hidden gem on this secluded 1-acre lot, perfect for investors seeking a promising opportunity! Nestled away from the hustle and bustle, this property offers a serene escape while still being conveniently accessible. The lot features a mobile home that, while in need of repair or replacement, presents an exciting canvas for renovation or a brand-new build. Imagine transforming this space into a cozy retreat or a rental property that could yield impressive returns. What sets this property apart is the existing shop, equipped with electric, providing endless possibilities for storage, work, or even a small business venture. Whether you envision a workshop for your hobbies, a space for creative projects, or a rental unit, the infrastructure is already in place, saving you time and money. The surrounding area is filled with natural beauty, offering peace and tranquility, making it an ideal location for those who appreciate privacy yet desire proximity to local amenities. This lot is not just a property; it’s a gateway to potential. With the right vision, you can turn this secluded haven into a thriving investment. Don't miss out on this opportunity to capitalize on a property that combines charm, potential, and an unbeatable location. Whether you’re looking to flip or replace the mobile home, construct a new dwelling, or utilize the shop space, the possibilities are endless. Secure your investment today and watch your dreams take shape in this inviting, tranquil setting!

6. 2025-09-30
   historical 1513-char remark

   Show marketing remark (1513 chars)

   Discover a hidden gem on this secluded 1-acre lot, perfect for investors seeking a promising opportunity! Nestled away from the hustle and bustle, this property offers a serene escape while still being conveniently accessible. The lot features a mobile home that, while in need of repair or replacement, presents an exciting canvas for renovation or a brand-new build. Imagine transforming this space into a cozy retreat or a rental property that could yield impressive returns. What sets this property apart is the existing shop, equipped with electric, providing endless possibilities for storage, work, or even a small business venture. Whether you envision a workshop for your hobbies, a space for creative projects, or a rental unit, the infrastructure is already in place, saving you time and money. The surrounding area is filled with natural beauty, offering peace and tranquility, making it an ideal location for those who appreciate privacy yet desire proximity to local amenities. This lot is not just a property; it’s a gateway to potential. With the right vision, you can turn this secluded haven into a thriving investment. Don't miss out on this opportunity to capitalize on a property that combines charm, potential, and an unbeatable location. Whether you’re looking to flip or replace the mobile home, construct a new dwelling, or utilize the shop space, the possibilities are endless. Secure your investment today and watch your dreams take shape in this inviting, tranquil setting!

7. 2025-09-30
   historical 1513-char remark

   Show marketing remark (1513 chars)

   Discover a hidden gem on this secluded 1-acre lot, perfect for investors seeking a promising opportunity! Nestled away from the hustle and bustle, this property offers a serene escape while still being conveniently accessible. The lot features a mobile home that, while in need of repair or replacement, presents an exciting canvas for renovation or a brand-new build. Imagine transforming this space into a cozy retreat or a rental property that could yield impressive returns. What sets this property apart is the existing shop, equipped with electric, providing endless possibilities for storage, work, or even a small business venture. Whether you envision a workshop for your hobbies, a space for creative projects, or a rental unit, the infrastructure is already in place, saving you time and money. The surrounding area is filled with natural beauty, offering peace and tranquility, making it an ideal location for those who appreciate privacy yet desire proximity to local amenities. This lot is not just a property; it’s a gateway to potential. With the right vision, you can turn this secluded haven into a thriving investment. Don't miss out on this opportunity to capitalize on a property that combines charm, potential, and an unbeatable location. Whether you’re looking to flip or replace the mobile home, construct a new dwelling, or utilize the shop space, the possibilities are endless. Secure your investment today and watch your dreams take shape in this inviting, tranquil setting!

8. 2025-05-15
   price $85,000 1513-char remark

   Show marketing remark (1513 chars)

   Discover a hidden gem on this secluded 1-acre lot, perfect for investors seeking a promising opportunity! Nestled away from the hustle and bustle, this property offers a serene escape while still being conveniently accessible. The lot features a mobile home that, while in need of repair or replacement, presents an exciting canvas for renovation or a brand-new build. Imagine transforming this space into a cozy retreat or a rental property that could yield impressive returns. What sets this property apart is the existing shop, equipped with electric, providing endless possibilities for storage, work, or even a small business venture. Whether you envision a workshop for your hobbies, a space for creative projects, or a rental unit, the infrastructure is already in place, saving you time and money. The surrounding area is filled with natural beauty, offering peace and tranquility, making it an ideal location for those who appreciate privacy yet desire proximity to local amenities. This lot is not just a property; it’s a gateway to potential. With the right vision, you can turn this secluded haven into a thriving investment. Don't miss out on this opportunity to capitalize on a property that combines charm, potential, and an unbeatable location. Whether you’re looking to flip or replace the mobile home, construct a new dwelling, or utilize the shop space, the possibilities are endless. Secure your investment today and watch your dreams take shape in this inviting, tranquil setting!

9. 2025-05-15
   price $85,000 1513-char remark

   Show marketing remark (1513 chars)

   Discover a hidden gem on this secluded 1-acre lot, perfect for investors seeking a promising opportunity! Nestled away from the hustle and bustle, this property offers a serene escape while still being conveniently accessible. The lot features a mobile home that, while in need of repair or replacement, presents an exciting canvas for renovation or a brand-new build. Imagine transforming this space into a cozy retreat or a rental property that could yield impressive returns. What sets this property apart is the existing shop, equipped with electric, providing endless possibilities for storage, work, or even a small business venture. Whether you envision a workshop for your hobbies, a space for creative projects, or a rental unit, the infrastructure is already in place, saving you time and money. The surrounding area is filled with natural beauty, offering peace and tranquility, making it an ideal location for those who appreciate privacy yet desire proximity to local amenities. This lot is not just a property; it’s a gateway to potential. With the right vision, you can turn this secluded haven into a thriving investment. Don't miss out on this opportunity to capitalize on a property that combines charm, potential, and an unbeatable location. Whether you’re looking to flip or replace the mobile home, construct a new dwelling, or utilize the shop space, the possibilities are endless. Secure your investment today and watch your dreams take shape in this inviting, tranquil setting!

10. 2025-01-19
    listed $100,000 Active 1513-char remark

    Show marketing remark (1513 chars)

    Discover a hidden gem on this secluded 1-acre lot, perfect for investors seeking a promising opportunity! Nestled away from the hustle and bustle, this property offers a serene escape while still being conveniently accessible. The lot features a mobile home that, while in need of repair or replacement, presents an exciting canvas for renovation or a brand-new build. Imagine transforming this space into a cozy retreat or a rental property that could yield impressive returns. What sets this property apart is the existing shop, equipped with electric, providing endless possibilities for storage, work, or even a small business venture. Whether you envision a workshop for your hobbies, a space for creative projects, or a rental unit, the infrastructure is already in place, saving you time and money. The surrounding area is filled with natural beauty, offering peace and tranquility, making it an ideal location for those who appreciate privacy yet desire proximity to local amenities. This lot is not just a property; it’s a gateway to potential. With the right vision, you can turn this secluded haven into a thriving investment. Don't miss out on this opportunity to capitalize on a property that combines charm, potential, and an unbeatable location. Whether you’re looking to flip or replace the mobile home, construct a new dwelling, or utilize the shop space, the possibilities are endless. Secure your investment today and watch your dreams take shape in this inviting, tranquil setting!

11. 2025-01-13
    listed $100,000 Active 1513-char remark

    Show marketing remark (1513 chars)

    Discover a hidden gem on this secluded 1-acre lot, perfect for investors seeking a promising opportunity! Nestled away from the hustle and bustle, this property offers a serene escape while still being conveniently accessible. The lot features a mobile home that, while in need of repair or replacement, presents an exciting canvas for renovation or a brand-new build. Imagine transforming this space into a cozy retreat or a rental property that could yield impressive returns. What sets this property apart is the existing shop, equipped with electric, providing endless possibilities for storage, work, or even a small business venture. Whether you envision a workshop for your hobbies, a space for creative projects, or a rental unit, the infrastructure is already in place, saving you time and money. The surrounding area is filled with natural beauty, offering peace and tranquility, making it an ideal location for those who appreciate privacy yet desire proximity to local amenities. This lot is not just a property; it’s a gateway to potential. With the right vision, you can turn this secluded haven into a thriving investment. Don't miss out on this opportunity to capitalize on a property that combines charm, potential, and an unbeatable location. Whether you’re looking to flip or replace the mobile home, construct a new dwelling, or utilize the shop space, the possibilities are endless. Secure your investment today and watch your dreams take shape in this inviting, tranquil setting!

12. 2020-05-15
    soldstatus
13. 1984-06-13
    soldstatus

ⓘ 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: $1,065 · $89/mo
• Projected year-2 tax: $1,556 · $130/mo
• Expected delta: +$490/yr (+$41/mo · 46.0%)

ⓘ 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 6/10 Major 6 d/yr ≥109°F today · 21 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 51% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $0
• − Mortgage interest: −$4,761
• − Property taxes: −$1,065
• − Insurance: −$425
• − Repairs & maintenance: −$0
• − Management: −$0
• − Depreciation: −$2,473
• Taxable loss: −$8,724
• Est. tax savings @ 24.0%: +$2,094
• After-tax cash flow: $-4,746/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: Van ISD
• NCES district ID: 4843920
• Math proficiency: 40% ▼ -8.00%
• Reading proficiency: 42% ▼ -5.00%
• Median HH income: $44,308
• Composite: 34.78/100
• National rank: #5120
• State rank: #390 of 826 in TX

Livability — Canton

• Score: 72/100
• State rank: #239
• US rank: #5787

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 16,222

Population outlook (Van Zandt County) Hauer SSP2

• Today (2025): 55,634 people
• By 2030: 56,479 · +1.5%
• By 2040: 57,672 · +3.7%
• By 2050: 57,913 · +4.1%
• By 2075: 57,544 · +3.4%
• By 2100: 52,659 · -5.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (86%)
• Race & ethnicity: White 86% Hispanic / Latino 7% Two or more races 5% Black 1%
• Hispanic origin (detail): Mexican 7%
• Common ancestry: Lithuanian 2% Italian 1% Slovak 1%
• Foreign-born: 2% · Canada
• Languages at home: 95% English-only · Spanish 4%

Political lean MEDSL · Van Zandt

• 2024 margin: Solid R (+74.8) · D 12.3% · R 87.2%
• 2008→2024 swing: -19.8pp toward R · 2008: -55.1pp · 2024: -74.8pp
• All cycles: 2024: R+74.8 2020: R+72.1 2016: R+72.1 2012: R+66.6 2008: R+55.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -38.07%
• Current HPI: 227.6156
• 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

-15.0% since first listed

12 events — show timeline

• 2026-05-13 Pending — NTREIS
• 2026-05-13 Pending — NTREIS
• 2025-10-03 Relisted — NTREIS
• 2025-10-03 Relisted — NTREIS
• 2025-09-30 Listing Removed — NTREIS
• 2025-09-30 Listing Removed — NTREIS
• 2025-05-15 Price Changed $85,000 NTREIS
• 2025-05-15 Price Changed $85,000 NTREIS
• 2025-01-19 Listed $100,000 NTREIS
• 2025-01-13 Listed $100,000 NTREIS
• 2020-05-15 Sold (Public Records) — Public Records
• 1984-06-13 Sold (Public Records) — Public Records

Property tax history

+12.1%/yr

Latest (2025): $1,065 · +6.9% YoY. Source: county tax records.