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234 County Road 16420
B Composite 71.23
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

234 County Road 16420 · Deport, TX 75435
1 bd · 1.0 ba · 768 sqft · SingleFamily · 90 Days on market
Built 2000 Good condition 7,231 sqft lot ↓ 7% since listing

🖨 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

FUNCTIONAL LAYOUTSPACIOUS BATHROOMUTILITY AREAEQUIPPED KITCHENREFRIGERATOR CONVEYSLOW MAINTENANCE LIFESTYLE

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 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.
Recommended offer $65,706 (6.0% below list)

Questions for the listing agent

  1. 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?
  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
1.18%
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

5-year hold
IRR
29.3%
Equity multiple
3.17×
Total profit
$42,559
Equity at exit
$56,434
10-year hold
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
3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.

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

Break-even rent $611
Max offer price $69,900
Occupancy floor 75%

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

  1. 2026-06-03
    days on market $69,900 Active 90 DOM
  2. 2026-06-02
    days on market $69,900 Active 89 DOM
  3. 2026-06-01
    days on market $69,900 Active 88 DOM
  4. 2026-05-31
    days on market $69,900 Active 87 DOM
  5. 2026-03-04
    listed $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.

  6. 2025-10-10
    historical
  7. 2025-08-29
    price $69,900
  8. 2025-06-03
    status Active
  9. 2025-05-28
    status Pending
  10. 2025-04-10
    listed $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

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Walkable amenities ~0.75 mi

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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
combined federal + state — saved on this device
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

Good 80/100 Cosmetic rehab

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

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

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

Price history

-6.7% since first listed
6 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

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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