234 County Road 16420 · Deport, 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 4/10 · Minor
- Est. fire insurance / yr
- $1,222 – $2,270
Heat risk 7/10 · Major
- Hot days now (above 110°F)
- 7 days/yr
- Hot days in 30 yrs
- 22 days/yr
Wind risk 6/10 · Moderate
- Chance of severe wind over 30 yrs
- 27.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 0 days/yr
- Unhealthy air days in 30 yrs
- 1 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 +25.7/30.0
- Appreciation +9.3/10.0
- DSCR +8.5/10.0
- ARV discount +7.5/15.0
- 1% rule +6.8/10.0
- Schools +4.3/10.0
- Condition / age +4.0/5.0
- Livability +2.6/5.0
- Rent growth +2.5/5.0
$69,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Charming and efficient, this adorable tiny home offers the perfect blend of simplicity and comfort in the quiet community of Cunningham, Texas. Featuring 1 bedroom and 1 bathroom, this cozy property sits on a .166-acre lot and provides a functional layout designed to maximize space and practicality. Inside, you’ll find a spacious bathroom that also includes a convenient utility area, making everyday living both easy and efficient. The kitchen comes equipped with a refrigerator that will convey with the home, adding extra value and convenience for the new owner. Whether you’re looking for a starter home, downsizing opportunity, rental investment, or weekend retreat, this property offers a low-maintenance lifestyle with small-town charm. With room to enjoy the outdoors and a manageable lot size, this tiny home is full of potential and ready for its next owner.
Key facts
- Refrigerator conveys
- Utility area
- Spacious bathroom
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 1-bed/1.0-bath single-family listed at $70k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $167 ($2k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($823 rent vs $70k).
- Recommended offer: $66k (6.0% below list) — sets the bar for market timing.
Location & tenants
- Location reads 51/100 on livability (#1,482 in TX) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, health & safety A+; Watch: schools F, crime F, amenities F.
- Prairiland ISD (rural): math 52% / reading 51% proficiency, ranked #167 of 826 in TX (top 20%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
- Market conditions: 20 active listings in the ZIP; 119 units permitted in Lamar County in 2024 (71 in 5+ unit buildings).
Forward outlook
- In year one you build about $7k of equity ($483 loan paydown + $6k appreciation (8.7% local appreciation)).
- Lamar County population projected at -13% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
- At projected returns (8.7% appreciation + 3.0% rent growth), your $20k cash investment doubles in ~3 years — after that, you're playing with house money.
- By year 6, paydown + projected appreciation supports a ~$38k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.
Negotiation context
- It's been on market 90 days — a 6% lower offer ($66k) is reasonable based on typical stale-listing flexibility.
- 3 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
Risks & watch-outs
- Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; 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
- It's been on market 90 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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
- 1.18% ✓
- Cap rate
- 9.16%
- Cash-on-cash
- 10.23%
- DSCR
- 1.45
- GRM
- 7.1
CMA / ARV
No comps found within radius.
Projected returns pro-forma
8.69% appreciation · 3.0% rent growth · sell at horizon
- IRR
- 29.3%
- Equity multiple
- 3.17×
- Total profit
- $42,559
- Equity at exit
- $56,434
- IRR
- 25.9%
- Equity multiple
- 6.92×
- Total profit
- $115,879
- Equity at exit
- $115,355
Cash invested: $19,572 (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 75435
- Home prices YoY
- 4.4%
- Active inventory
- 20
- Price-to-rent
- 7.1×
Monthly cashflow live
- Estimated rent
- $823 medium interval (Pro) →
- Mortgage (P&I)
- −$367
- Tax est. 1.5%
- −$87 /mo · $1,048/yr
- Insurance
- −$29
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$173
- Net cashflow
- $167
Break-even live
Sensitivity live
| Price | -10% $215 | -5% $191 | +0% $167 | +5% $143 | +10% $118 |
|---|---|---|---|---|---|
| Rent | -10% $102 | -5% $134 | +0% $167 | +5% $199 | +10% $232 |
| Rate | -1.0pp $202 | -0.5pp $185 | base $167 | +0.5pp $149 | +1.0pp $130 |
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
- $17,475
- Closing costs
- $2,097
- 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.
Listing history 10 events
-
2026-06-03days on market $69,900 Active 90 DOM
-
2026-06-02days on market $69,900 Active 89 DOM
-
2026-06-01days on market $69,900 Active 88 DOM
-
2026-05-31days on market $69,900 Active 87 DOM
-
2026-03-04$69,900 Active 884-char remark
Show marketing remark (884 chars)
Charming and efficient, this adorable tiny home offers the perfect blend of simplicity and comfort in the quiet community of Cunningham, Texas. Featuring 1 bedroom and 1 bathroom, this cozy property sits on a .166-acre lot and provides a functional layout designed to maximize space and practicality. Inside, you’ll find a spacious bathroom that also includes a convenient utility area, making everyday living both easy and efficient. The kitchen comes equipped with a refrigerator that will convey with the home, adding extra value and convenience for the new owner. Whether you’re looking for a starter home, downsizing opportunity, rental investment, or weekend retreat, this property offers a low-maintenance lifestyle with small-town charm. With room to enjoy the outdoors and a manageable lot size, this tiny home is full of potential and ready for its next owner.
-
2025-10-10historical
-
2025-08-29price $69,900
-
2025-06-03status Active
-
2025-05-28status Pending
-
2025-04-10$74,900 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 4/10 Moderate
- Heat 7/10 Severe 7 d/yr ≥110°F today · 22 d/yr by 30 yrs out
- Wind 6/10 Major 27% chance of damaging wind over 30 yrs
- Air quality 2/10 Low 0 unhealthy d/yr today · 1 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
- $9,871
- − Mortgage interest
- −$3,915
- − Property taxes
- −$1,048
- − Insurance
- −$350
- − Repairs & maintenance
- −$790
- − Management
- −$790
- − Depreciation
- −$2,033
- Taxable income
- $945
- Est. tax owed @ 24.0%
- −$227
- After-tax cash flow
- $1,775/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
This charming and efficient tiny home is in good condition with minimal repairs needed. It offers a functional layout and is ready for a new owner to move in and enjoy.
Value-add opportunities
- Resale Paint exterior siding — Enhances curb appeal and value
- Resale Replace countertops — Modernizes the space and adds value
- Resale Install new flooring — Improves aesthetics and adds value
- Resale Upgrade lighting fixtures — Enhances the ambiance and adds value
Renovation cost estimate screening
Value-add ROI direction
- Resale Paint exterior siding — Enhances curb appeal and value ↑
- Resale Replace countertops — Modernizes the space and adds value ↑
- Resale Install new flooring — Improves aesthetics and adds value ↑
- Resale Upgrade lighting fixtures — Enhances the ambiance and adds value ↑
ⓘ 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
- Prairiland ISD
- NCES district ID
- 4835740
- Math proficiency
- 52% ▲ 5.00%
- Reading proficiency
- 51% ▲ 7.00%
- Median HH income
- $43,652
- Composite
- 43.44/100
- National rank
- #3010
- State rank
- #167 of 826 in TX
Livability — Deport
- Score
- 51/100
- State rank
- #1482
- US rank
- #25402
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Population (ZIP)
- 1,056
Population outlook (Lamar County) Hauer SSP2
- Today (2025)
- 48,319 people
- By 2030
- 47,160 · -2.4%
- By 2040
- 44,621 · -7.7%
- By 2050
- 42,024 · -13.0%
- By 2075
- 36,577 · -24.3%
- By 2100
- 30,580 · -36.7%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (91%)
- Race & ethnicity
- White 91% Black 3% Hispanic / Latino 3% Two or more races 2%
- Common ancestry
- Lithuanian 2% Serbian 1%
- Foreign-born
- 2% · Canada
- Languages at home
- 99% English-only · Spanish 1%
Political lean MEDSL · Lamar
- 2024 margin
- Solid R (+61.0) · D 19.2% · R 80.3%
- 2008→2024 swing
- -19.1pp toward R · 2008: -42.0pp · 2024: -61.0pp
- All cycles
- 2024: R+61.0 2020: R+57.4 2016: R+59.2 2012: R+50.3 2008: R+42.0
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▲ 8.69%
- Current HPI
- 208.2269
- 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 |
|
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| Healthcare | 2 | $330B |
|
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Price history
-6.7% since first listed6 events — show timeline
- 2026-03-04 Listed $69,900 NTREIS
- 2025-10-10 Listing Removed — NTREIS
- 2025-08-29 Price Changed $69,900 NTREIS
- 2025-06-03 Relisted — NTREIS
- 2025-05-28 Pending — NTREIS
- 2025-04-10 Listed $74,900 NTREIS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…