316 West Spruce · Huntington, TX 75949

$120,000

3 bd · 2.0 ba · 1,080 sqft · Land · 22 Days on market

Built 2015 0.49 ac lot

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Why this score? — see what drove the D+ 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 +11.5/30.0
• Appreciation +10.0/10.0
• ARV discount +7.5/15.0
• Schools +3.7/10.0
• DSCR +3.4/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +2.1/10.0

Listing remarks

Check out this well-maintained 3 bedroom, 2 bath mobile home situated on almost 1/2 acre in Huntington. This property features a spacious front yard with plenty of room to enjoy the outdoors, along with a privacy fence across the back of the property for added privacy. The home has been very well kept and would make a great primary residence or investment property. With the layout of the land, there may even be potential for an additional small home or setup on one end of the property. Plenty of outdoor space for kids, pets, gardening, or entertaining.

Key facts

• Spacious front yard
• Privacy fence
• Outdoor space

Tags

• SPACIOUS FRONT YARD
• PRIVACY FENCE
• OUTDOOR SPACE

Property features AI

Exterior

• Parking: No garage
• Utilities: Public water; Public sewer
• Home design: Single-family residential property
• Construction: Vinyl siding
• Exterior features: Composition roof; Lot about 0.49 acres

Interior

• Kitchen: Refrigerator
• Flooring: Laminate flooring; Vinyl flooring
• Bathrooms: Two full bathrooms
• Heating & cooling: Central heat; Electric heating; Central air conditioning
• Interior features: Refrigerator included; Laminate and vinyl flooring; Central heating and cooling

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath land listed at $120k.

Deal economics

• At list price, monthly cash flow is $-40 ($-480/yr) — negative.
• To cash-flow at today's rent, offer at most $113k (5.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $85k (29.2% below list).
• Recommended offer: $85k (29.2% below list) — sets the bar for 1% rule.
• Cap rate 5.9% vs local median 2.0% in Huntington — 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 64/100 on livability (#808 in TX) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing B+; Watch: schools C-, amenities F, commute F.
• Huntington ISD (rural): math 46% / reading 42% proficiency, ranked #303 of 826 in TX (top 37%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 113 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 120 units permitted in Angelina County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $13k of equity ($830 loan paydown + $12k appreciation (10.0% local appreciation)).
• At projected returns (10.0% appreciation + 3.0% rent growth), your $34k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 3, paydown + projected appreciation supports a ~$32k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 22 days — a 2% lower offer ($118k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 80% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $85,000 (29.2% 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. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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.
5. 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.
6. 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: 0.71% ✗
• Cap rate: 5.89%
• Cash-on-cash: -1.43%
• DSCR: 0.94
• GRM: 11.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 23.2%
• Equity multiple: 2.87×
• Total profit: $62,747
• Equity at exit: $108,106

10-year hold

• IRR: 20.7%
• Equity multiple: 6.56×
• Total profit: $186,664
• Equity at exit: $233,134

Cash invested: $33,600 (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 75949

• Home prices YoY: 19.1%
• Active inventory: 113
• Price-to-rent: 11.8×

Monthly cashflow live

• Estimated rent: $850 medium
• Mortgage (P&I): −$629
• Tax from tax record: −$32 /mo · $387/yr
• Insurance: −$50
• HOA: −$0
• Vacancy / Maint / Mgmt: −$178
• Net cashflow: $-40

Break-even live

Break-even rent $901

Max offer price $112,930

Occupancy floor 100%

Sensitivity live

Price	-10% $28	-5% $-6	+0% $-40	+5% $-74	+10% $-108
Rent	-10% $-107	-5% $-74	+0% $-40	+5% $-6	+10% $27
Rate	-1.0pp $20	-0.5pp $-10	base $-40	+0.5pp $-71	+1.0pp $-103

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: $30,000
• Closing costs: $3,600
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
281 S 2nd St Huntington, TX	2.0	1.0	1000	$850	$0.85	44d	1	0.73mi

Listing history 17 events

1. 2026-06-19
   days on market $120,000 Active 22 DOM
2. 2026-06-18
   days on market $120,000 Active 21 DOM
3. 2026-06-17
   days on market $120,000 Active 20 DOM
4. 2026-06-16
   days on market $120,000 Active 19 DOM
5. 2026-06-15
   days on market $120,000 Active 18 DOM
6. 2026-06-14
   days on market $120,000 Active 16 DOM
7. 2026-06-13
   days on market $120,000 Active 15 DOM
8. 2026-06-10
   days on market $120,000 Active 13 DOM
9. 2026-06-09
   days on market $120,000 Active 12 DOM
10. 2026-06-08
    days on market $120,000 Active 11 DOM
11. 2026-06-07
    days on market $120,000 Active 10 DOM
12. 2026-06-03
    days on market $120,000 Active 6 DOM
13. 2026-06-02
    days on market $120,000 Active 5 DOM
14. 2026-06-01
    days on market $120,000 Active 4 DOM
15. 2026-05-31
    days on market $120,000 Active 3 DOM
16. 2026-05-30
    days on market $120,000 Active 2 DOM
17. 2026-05-23
    listed $120,000 Active

ⓘ 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: $387 · $32/mo
• Projected year-2 tax: $2,196 · $183/mo
• Expected delta: +$1,809/yr (+$151/mo · 467.8%)

ⓘ 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 5/10 Major
• 🌡 Heat 8/10 Severe 7 d/yr ≥110°F today · 24 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 80% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $10,200
• − Mortgage interest: −$6,722
• − Property taxes: −$387
• − Insurance: −$600
• − Repairs & maintenance: −$816
• − Management: −$816
• − Depreciation: −$3,491
• Taxable loss: −$2,632
• Est. tax savings @ 24.0%: +$632
• After-tax cash flow: $151/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: Huntington ISD
• NCES district ID: 4824000
• Math proficiency: 46% ▼ -10.00%
• Reading proficiency: 42% ▼ -1.00%
• Median HH income: $39,651
• Composite: 36.85/100
• National rank: #4554
• State rank: #303 of 826 in TX

Livability — Huntington

• Score: 64/100
• State rank: #808
• US rank: #14708

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Huntington, TX
• Population (ZIP): 9,041

Population outlook (Angelina County) Hauer SSP2

• Today (2025): 90,174 people
• By 2030: 90,697 · +0.6%
• By 2040: 91,291 · +1.2%
• By 2050: 91,168 · +1.1%
• By 2075: 88,961 · -1.3%
• By 2100: 80,590 · -10.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (89%)
• Race & ethnicity: White 89% Two or more races 7% Hispanic / Latino 5%
• Common ancestry: Lithuanian 3% Italian 2% Iranian 2%
• Foreign-born: 0% · Canada
• Languages at home: 98% English-only · Spanish 2%

Political lean MEDSL · Angelina

• 2024 margin: Solid R (+52.0) · D 23.7% · R 75.7%
• 2008→2024 swing: -17.0pp toward R · 2008: -35.0pp · 2024: -52.0pp
• All cycles: 2024: R+52.0 2020: R+46.1 2016: R+47.3 2012: R+43.9 2008: R+35.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 48.97%
• Current HPI: 304.757
• 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

1 event — show timeline

• 2026-05-23 Listed $120,000 Deep East Texas MLS

Property tax history

+21.9%/yr

Latest (2025): $387 · +17.7% YoY. Source: county tax records.