4045 Sue Ellen Dr · Abilene, TX 79601

$130,000

3 bd · 2.0 ba · 1,680 sqft · Manufactured public records · 9 Days on market

Built 1997 0.25 ac lot Est $170k · 23% under

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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
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Rent growth +5.0/5.0
• Livability +3.8/5.0
• Schools +2.8/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Welcome to 4045 Sue Ellen Drive a home tucked into one of Abilene’s north-side neighborhoods, where everyday convenience and nearby growth all come together. From the moment you pull up, this property feels like the kind of place where life can slow down just enough. Morning coffee, after-school routines, dinner around the table, and evenings spent settling in after a full day, this home is ready for its next chapter. Located on Abilene’s north side, 4045 Sue Ellen offers convenient access to shopping, schools, restaurants, and major routes around town, while also being just minutes from Abilene’s growing north-side development, including the AI data center area. It’

Key facts

• 0.25 acre lot
• Parking
• Built 1997

Tags

• CONVENIENT ACCESS TO SHOPPING

Property features AI

Finance

• Financial info: Accepts cash and conventional financing; No second mortgage listed
• HOA & community: No association

Exterior

• Parking: Attached carport; Covered parking (1); Driveway; 1 carport space
• Utilities: City water; City sewer; Individual water meter; Electricity available and connected; Cable available
• Home design: Mobile home; One story; Residential property
• Construction: Built in 1997; Preowned
• Exterior features: Wood fencing; Lot under 0.5 acre

Interior

• Kitchen: Dishwasher; Eat-in kitchen with kitchen island
• Bedrooms: 3 bedrooms (primary bedroom on level 1)
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Wall/window air conditioning units
• Interior features: Open floorplan; Eat-in kitchen; Kitchen island; Cable TV available; High speed internet available; One living area; One dining area; Two total rooms (listed)
• Laundry & utility: Washer hookup; Electric dryer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $130k.

Deal economics

• At list price, monthly cash flow is $1k ($13k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $130k).
• Cap rate 16.2% vs local median 6.8% in Abilene — 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 75/100 on livability (#142 in TX, #4,037 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime D, commute F.
• Abilene ISD (urban): math 32% / reading 34% proficiency, ranked #575 of 826 in TX (top 70%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Taylor El (math 32% / reading 44%, grade F, #1,709 of 4,322 statewide, top 40%, 658 students, 66% FRL).
• Market conditions: Rents rising fast (+43.4%/yr); 195 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 67% of comp listings sitting > 30 days — soft ceiling on asking rent; 508 units permitted in Taylor County in 2024 (0 in 5+ unit buildings).
• At $2,419/mo this rent would consume 54% of the median local household income ($54k/yr) (locally 1240% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $899 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Taylor County population projected at +16% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 8.0% rent growth), your $36k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• Only 9 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Climate carrying-cost: severe wildfire risk; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $130,000

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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?
3. Crime grade is D 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?
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: 1.86% ✓
• Cap rate: 16.22%
• Cash-on-cash: 35.47%
• DSCR: 2.58
• GRM: 4.5

CMA / ARV

• ARV (on-the-fly): $169,680
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2953 Sunlake Dr	0.04mi	3/2.0	1,490 (-11%)	7mo	$150,000	$101	74

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 8.0% rent growth · sell at horizon

5-year hold

• IRR: 36.5%
• Equity multiple: 2.65×
• Total profit: $60,238
• Equity at exit: $19,383

10-year hold

• IRR: 45.6%
• Equity multiple: 6.46×
• Total profit: $198,861
• Equity at exit: $11,240

Cash invested: $36,400 (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 79601

• Home prices YoY: -22.8%
• Rents YoY: 43.4%
• Active inventory: 195
• Price-to-rent: 4.5×

Monthly cashflow live

• Estimated rent: $2,419 medium
• Mortgage (P&I): −$682
• Tax from tax record: −$99 /mo · $1,190/yr
• Insurance: −$54
• HOA: −$0
• Vacancy / Maint / Mgmt: −$508
• Net cashflow: $1,076

Break-even live

Break-even rent $1,057

Max offer price $130,000

Occupancy floor 51%

Sensitivity live

Price	-10% $1,149	-5% $1,113	+0% $1,076	+5% $1,039	+10% $1,002
Rent	-10% $885	-5% $980	+0% $1,076	+5% $1,171	+10% $1,267
Rate	-1.0pp $1,141	-0.5pp $1,109	base $1,076	+0.5pp $1,042	+1.0pp $1,008

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: $32,500
• Closing costs: $3,900
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2934 Old Anson Rd Unit 321 Abilene, TX	3.0	2.0	1190	$1,437	$1.21	22d	1	1.27mi
1732 Jameson St Abilene, TX	3.0	1.5	1241	$2,200	$1.77	44d	1	1.40mi
1710 Jameson St Abilene, TX	3.0	3.0	1885	$3,300	$1.75	44d	1	1.43mi

Listing history 8 events

1. 2026-06-19
   days on market $130,000 Active 9 DOM
2. 2026-06-18
   days on market $130,000 Active 8 DOM
3. 2026-06-17
   days on market $130,000 Active 7 DOM
4. 2026-06-16
   days on market $130,000 Active 6 DOM
5. 2026-06-15
   days on market $130,000 Active 5 DOM
6. 2026-06-14
   days on market $130,000 Active 3 DOM
7. 2026-06-13
   remarks 675-char remark
8. 2026-06-13
   listed $130,000 Active 2 DOM

ⓘ 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: $1,190 · $99/mo
• Projected year-2 tax: $2,379 · $198/mo
• Expected delta: +$1,189/yr (+$99/mo · 99.8%)

ⓘ 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 8/10 Severe
• 🌡 Heat 7/10 Severe 7 d/yr ≥104°F today · 23 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 12% 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: $29,027
• − Mortgage interest: −$7,282
• − Property taxes: −$1,190
• − Insurance: −$650
• − Repairs & maintenance: −$2,322
• − Management: −$2,322
• − Depreciation: −$3,782
• Taxable income: $11,479
• Est. tax owed @ 24.0%: −$2,755
• After-tax cash flow: $10,155/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: Abilene ISD
• NCES district ID: 4807440
• Math proficiency: 32% ▼ -11.00%
• Reading proficiency: 34% ▼ -5.00%
• Median HH income: $39,782
• Composite: 27.71/100
• National rank: #6909
• State rank: #575 of 826 in TX

Livability — Abilene

• Score: 75/100
• State rank: #142
• US rank: #4037

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Abilene, TX
• County: Taylor County · 136,672 people
• City population: 136,672
• Metro: Abilene, TX
• Population (ZIP): 28,050
• Household income: $53,631
• Rent vs Own: 50.8% rent · 49.2% own
• Severe rent burden: 1240.0

Population outlook (Taylor County) Hauer SSP2

• Today (2025): 145,270 people
• By 2030: 150,050 · +3.3%
• By 2040: 159,417 · +9.7%
• By 2050: 168,883 · +16.3%
• By 2075: 194,436 · +33.8%
• By 2100: 203,163 · +39.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.61)
• Race & ethnicity: White 55% Hispanic / Latino 25% Black 13% Two or more races 13% Asian 3%
• Hispanic origin (detail): Mexican 21%
• Common ancestry: Italian 2% Lithuanian 2% Serbian 1%
• Foreign-born: 7% · Canada, Vietnam
• Languages at home: 81% English-only · Spanish 15% French/Haitian/Cajun 1% Vietnamese 1%

Political lean MEDSL · Taylor

• 2024 margin: Solid R (+49.8) · D 24.6% · R 74.4% · Other 1.0%
• 2008→2024 swing: -4.2pp toward R · 2008: -45.6pp · 2024: -49.8pp
• All cycles: 2024: R+49.8 2020: R+45.3 2016: R+51.1 2012: R+53.6 2008: R+45.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -63.17%
• Current HPI: 214.4372
• Rent YoY: ▲ 43.38%
• Metro: Abilene, TX
• 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

6 events — show timeline

• 2026-06-10 Listed $130,000 NTREIS
• 2017-04-06 Sold (Public Records) — Public Records
• 2012-04-04 Sold (Public Records) — Public Records
• 2007-03-12 Sold (Public Records) — Public Records
• 2006-08-01 Sold (Public Records) — Public Records
• 2002-09-04 Sold (Public Records) — Public Records

Property tax history

+2.3%/yr

Latest (2025): $1,190 · +7.1% YoY. Source: county tax records.