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4180 Carlene St
B+ Composite 77.11
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
  • Appreciation +5.5/10.0
  • Schools +4.1/10.0
  • Rent growth +3.9/5.0
  • Livability +3.6/5.0
  • Condition / age +2.5/5.0

$65,000

4180 Carlene St · Bridge City, TX 77630
3 bd · 2.0 ba · 1,120 sqft · Manufactured public records · 104 Days on market
Built 2000 0.46 ac lot

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

Listing remarks MLS

0.462-acre tract located in Orangefield ISD featuring utility hookups for two mobile homes. The property includes an existing single-wide mobile home, offering immediate living or rental potential. Great opportunity for investors, additional rental income, or someone looking for a homesite with extra space already set up for another mobile home. Convenient location with plenty of possibilities.

Key facts

  • Rental potential
  • Convenient location
  • 0.46 acre lot

Tags

SINGLE-WIDE MOBILE HOMERENTAL POTENTIALHOMESITE WITH EXTRA SPACECONVENIENT LOCATION

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 3-bed/2.0-bath manufactured listed at $65k.

Deal economics

  • At list price, monthly cash flow is $589 ($7k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $65k).
  • Recommended offer: $59k (9.0% below list) — sets the bar for market timing.
  • Cap rate 18.4% vs local median 2.2% in Bridge 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 72/100 on livability (#251 in TX) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, cost of living A+; Watch: amenities F, commute F.
  • Orangefield ISD (rural): math 44% / reading 48% proficiency, ranked #217 of 826 in TX (top 26%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Orangefield El (math 44% / reading 44%, grade F, #1,243 of 4,322 statewide, top 29%, 873 students, 39% FRL); Orangefield J H (math 42% / reading 48%, grade D, #479 of 1,662 statewide, top 29%, 434 students, 34% FRL); Orangefield H S (math 52% / reading 57%, grade C-, #379 of 1,632 statewide, top 26%, 549 students, 35% FRL) — zoned schools at 36% FRL track the district average.
  • Market conditions: Rents rising fast (+5.7%/yr); 339 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 235 units permitted in Orange County in 2024 (50 in 5+ unit buildings).

Forward outlook

  • In year one you build about $1k of equity ($449 loan paydown + $656 appreciation (1.0% local appreciation)).
  • Orange County population projected at +6% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
  • At projected returns (1.0% appreciation + 5.7% rent growth), your $18k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 104 days — a 9% lower offer ($59k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

  • Watch-outs: flood insurance adds $66/mo.
  • Climate carrying-cost: severe flood risk; severe wind risk, 99% 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 $59,150 (9.0% below list)

Questions for the listing agent

  1. It's been on market 104 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
  2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. 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.
  6. 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.
  7. 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
2.09%
Cap rate
18.40%
Cash-on-cash
43.24%
DSCR
2.92
GRM
4.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

1.01% appreciation · 5.71% rent growth · sell at horizon

5-year hold
IRR
44.0%
Equity multiple
3.34×
Total profit
$42,625
Equity at exit
$22,223
10-year hold
IRR
47.2%
Equity multiple
7.28×
Total profit
$114,344
Equity at exit
$29,559

Cash invested: $18,200 (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 77630

Home prices YoY
0.4%
Rents YoY
5.7%
Active inventory
339
Price-to-rent
4.0×

Monthly cashflow live

Estimated rent
$1,357 medium interval (Pro) →
Mortgage (P&I)
$341
Tax from tax record
$48 /mo · $574/yr
Insurance
$27
Flood insurance flood zone
−$66 /mo · $798/yr
HOA
$0
Vacancy / Maint / Mgmt
$285
Net cashflow
$589

Break-even live

Break-even rent $610
Max offer price $65,000
Occupancy floor 52%

Sensitivity live

Price -10% $626 -5% $608 +0% $589 +5% $571 +10% $553
Rent -10% $482 -5% $536 +0% $589 +5% $643 +10% $697
Rate -1.0pp $622 -0.5pp $606 base $589 +0.5pp $573 +1.0pp $555

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
$16,250
Closing costs
$1,950
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 1 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
6984 W Granger Ln Trlr 20 Orange, TX 3.0 2.0 924 $1,145 $1.24 15d 1 0.35mi

Listing history 18 events

  1. 2026-06-21
    days on market $65,000 Active 104 DOM
  2. 2026-06-18
    days on market $65,000 Active 101 DOM
  3. 2026-06-17
    days on market $65,000 Active 100 DOM
  4. 2026-06-16
    days on market $65,000 Active 99 DOM
  5. 2026-06-15
    days on market $65,000 Active 98 DOM
  6. 2026-06-14
    days on market $65,000 Active 96 DOM
  7. 2026-06-13
    days on market $65,000 Active 95 DOM
  8. 2026-06-10
    days on market $65,000 Active 93 DOM
  9. 2026-06-09
    days on market $65,000 Active 92 DOM
  10. 2026-06-08
    days on market $65,000 Active 91 DOM
  11. 2026-06-07
    days on market $65,000 Active 90 DOM
  12. 2026-06-03
    days on market $65,000 Active 86 DOM
  13. 2026-06-02
    days on market $65,000 Active 85 DOM
  14. 2026-06-01
    days on market $65,000 Active 84 DOM
  15. 2026-05-31
    days on market $65,000 Active 83 DOM
  16. 2026-05-30
    days on market $65,000 Active 82 DOM
  17. 2026-03-09
    listed $65,000 Active 397-char remark
    Show marketing remark (397 chars)

    0.462-acre tract located in Orangefield ISD featuring utility hookups for two mobile homes. The property includes an existing single-wide mobile home, offering immediate living or rental potential. Great opportunity for investors, additional rental income, or someone looking for a homesite with extra space already set up for another mobile home. Convenient location with plenty of possibilities.

  18. 2014-01-10
    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
$574 · $48/mo
Projected year-2 tax
$1,190 · $99/mo
Expected delta
+$615/yr (+$51/mo · 107.1%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 8/10 Severe FEMA zone X (shaded) · 97% chance over 30 yrs
  • 🔥 Wildfire 3/10 Moderate
  • 🌡 Heat 9/10 Extreme 7 d/yr ≥109°F today · 23 d/yr by 30 yrs out
  • 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 1 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
$16,278
− Mortgage interest
−$3,641
− Property taxes
−$574
− Insurance
−$1,122
− Repairs & maintenance
−$1,302
− Management
−$1,302
− Depreciation
−$1,891
Taxable income
$6,445
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,547
After-tax cash flow
$5,526/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
Orangefield ISD
NCES district ID
4833780
Math proficiency
44% ▬ 0.00%
Reading proficiency
48% ▬ 0.00%
Median HH income
$63,682
Composite
40.77/100
National rank
#3647
State rank
#217 of 826 in TX

Livability — Bridge City

Score
72/100
State rank
#251
US rank
#5948

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

County
Orange County · 87,112 people
City population
10,112
Metro
Beaumont-Port Arthur, TX
Population (ZIP)
28,983
Household income
$64,373
Rent vs Own
32.2% rent · 67.8% own
Severe rent burden
1018.0

Population outlook (Orange County) Hauer SSP2

Today (2025)
88,065 people
By 2030
89,591 · +1.7%
By 2040
91,982 · +4.4%
By 2050
93,023 · +5.6%
By 2075
94,871 · +7.7%
By 2100
88,155 · +0.1%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Majority White (64%)
Race & ethnicity
White 64% Black 21% Hispanic / Latino 11% Two or more races 9%
Hispanic origin (detail)
Mexican 7%
Common ancestry
Lithuanian 13% Italian 1% Slovak 1%
Foreign-born
5% · Canada
Languages at home
91% English-only · Spanish 7% French/Haitian/Cajun 1% Other Asian/Pacific 1%

Political lean MEDSL · Orange

2024 margin
Solid R (+66.8) · D 16.4% · R 83.1%
2008→2024 swing
-19.6pp toward R · 2008: -47.1pp · 2024: -66.8pp
All cycles
2024: R+66.8 2020: R+63.4 2016: R+61.9 2012: R+54.3 2008: R+47.1

Not yet ingested

Civics

Market trends

HPI YoY
▲ 1.01%
Current HPI
264.14
Rent YoY
▲ 5.71%
Metro
Beaumont-Port Arthur, TX
State GDP YoY
▲ 3.95%
F500 in state
110

Industry mix (Fortune 500 HQ in TX)

Industry F500 HQs Revenue

Price history

2 events — show timeline
  • 2026-03-09 Listed $65,000 BBOR
  • 2014-01-10 Sold (Public Records) Public Records

Property tax history

+0.4%/yr

Latest (2025): $574 · -3.4% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…