7100 Airline · Midland, TX 79712

$110,000

2 bd · 2.0 ba · 992 sqft · SingleFamily · 42 Days on market

Built 2022 Average condition

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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
• DSCR +10.0/10.0
• 1% rule +9.2/10.0
• ARV discount +7.5/15.0
• Appreciation +5.0/10.0
• Livability +4.0/5.0
• Schools +3.2/10.0
• Condition / age +2.8/5.0
• Rent growth +2.5/5.0

Listing remarks

Cute 2 bedroom, 2 bath manufactured home located in a mobile home community. Home is personal property and sits on a leased lot. Buyer will need to contact the mobile home park directly for current lot-lease pricing and park requirements. Great opportunity for affordable living with easy access to town conveniences.

Key facts

• Built 2022
• Listed 41 days

Property features AI

Exterior

• Security: Smoke detector(s)
• Utilities: Public water; Public sewer
• Home design: Manufactured home; Single-story
• Construction: Vinyl siding; Composition roof
• Exterior features: Patio

Interior

• Kitchen: Dishwasher; Electric range
• Flooring: Carpet; Vinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central electric heating; Central air; Ceiling fan(s)
• Interior features: Dishwasher; Electric range; Electric water heater; Ceiling fan(s); Central air; Central electric heating
• Laundry & utility: Electric water heater

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $110k. Condition is rated average.

Deal economics

• At list price, monthly cash flow is $474 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $110k).
• Recommended offer: $107k (3.0% below list) — sets the bar for market timing.
• Cap rate 11.5% vs local median 4.7% in Midland — 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 79/100 on livability (#57 in TX, #2,192 nationally) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A+, health & safety A+; Watch: crime C-, commute D+, amenities D.
• Midland ISD (urban): math 34% / reading 36% proficiency, ranked #477 of 826 in TX (top 58%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Scharbauer El (math 25% / reading 24%, grade F, #3,052 of 4,322 statewide, top 74%, 696 students, 69% FRL); Alamo J H (math 23% / reading 32%, grade F, #1,156 of 1,662 statewide, top 71%, 865 students, 62% FRL); Legacy H S (math 37% / reading 3%, grade F, #1,397 of 1,632 statewide, top 87%, 2,504 students, 41% FRL).
• Market conditions: 1 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 1,504 units permitted in Midland County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $4k of equity ($761 loan paydown + $3k appreciation (3.0% local appreciation)).
• Midland County population projected at +83% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (3.0% appreciation + 3.0% rent growth), your $31k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 8, paydown + projected appreciation supports a ~$30k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 42 days — a 3% lower offer ($107k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 17y ago 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: severe wildfire risk; extreme-heat days projected 4→11/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $106,700 (3.0% below list)

Questions for the listing agent

1. It's been on market 42 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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.
4. 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.
5. 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: 1.42% ✓
• Cap rate: 11.47%
• Cash-on-cash: 18.47%
• DSCR: 1.82
• GRM: 5.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: 24.9%
• Equity multiple: 2.41×
• Total profit: $43,473
• Equity at exit: $49,461

10-year hold

• IRR: 25.7%
• Equity multiple: 4.65×
• Total profit: $112,488
• Equity at exit: $76,225

Cash invested: $30,800 (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 79712

• Active inventory: 1
• Price-to-rent: 5.9×

Monthly cashflow live

• Estimated rent: $1,562 medium
• Mortgage (P&I): −$577
• Tax est. 1.5%: −$138 /mo · $1,650/yr
• Insurance: −$46
• HOA: −$0
• Vacancy / Maint / Mgmt: −$328
• Net cashflow: $474

Break-even live

Break-even rent $962

Max offer price $110,000

Occupancy floor 65%

Sensitivity live

Price	-10% $550	-5% $512	+0% $474	+5% $436	+10% $398
Rent	-10% $351	-5% $412	+0% $474	+5% $536	+10% $598
Rate	-1.0pp $530	-0.5pp $502	base $474	+0.5pp $446	+1.0pp $417

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: $27,500
• Closing costs: $3,300
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1808 Tradewinds Blvd Midland, TX	1.0–3.0	1.0–2.0	1126	$1,730	$1.54	14d	13	1.36mi
1811 Tradewinds Blvd Midland, TX	1.0–3.0	1.0–2.0	1013	$1,400	$1.38	44d	1	1.47mi

Listing history 27 events

1. 2026-06-19
   days on market $110,000 Active 42 DOM
2. 2026-06-18
   days on market $110,000 Active 41 DOM
3. 2026-06-17
   days on market $110,000 Active 40 DOM
4. 2026-06-16
   days on market $110,000 Active 39 DOM
5. 2026-06-15
   days on market $110,000 Active 38 DOM
6. 2026-06-14
   days on market $110,000 Active 36 DOM
7. 2026-06-13
   days on market $110,000 Active 35 DOM
8. 2026-06-10
   days on market $110,000 Active 33 DOM
9. 2026-06-09
   days on market $110,000 Active 32 DOM
10. 2026-06-08
    days on market $110,000 Active 31 DOM
11. 2026-06-07
    days on market $110,000 Active 30 DOM
12. 2026-06-03
    days on market $110,000 Active 26 DOM
13. 2026-06-02
    days on market $110,000 Active 25 DOM
14. 2026-06-01
    days on market $110,000 Active 24 DOM
15. 2026-05-31
    days on market $110,000 Active 23 DOM
16. 2026-05-30
    days on market $110,000 Active 22 DOM
17. 2026-05-08
    listed $110,000 Active 317-char remark
18. 2023-01-24
    price $45,000
19. 2023-01-04
    price $56,000
20. 2022-11-29
    price $57,150
21. 2022-11-03
    price $57,250
22. 2022-10-14
    price $57,500
23. 2022-10-08
    price $58,000
24. 2014-07-23
    soldstatus
25. 2014-07-02
    listed $34,000
26. 2010-01-28
    soldstatus
27. 2009-12-23
    listed $30,000

ⓘ 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 3/10 Moderate FEMA zone X · 20% chance over 30 yrs
• 🔥 Wildfire 8/10 Severe
• 🌡 Heat 5/10 Major 4 d/yr ≥102°F today · 11 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 4% 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: $18,749
• − Mortgage interest: −$6,162
• − Property taxes: −$1,650
• − Insurance: −$550
• − Repairs & maintenance: −$1,500
• − Management: −$1,500
• − Depreciation: −$3,200
• Taxable income: $4,188
• Est. tax owed @ 24.0%: −$1,005
• After-tax cash flow: $4,685/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

Average 55/100 Cosmetic rehab

A mobile home with average condition, requiring minor repairs and maintenance. Paint and carpet updates would significantly enhance its resale and rental value.

Repairs flagged

• Minor exterior siding — Light discoloration
• Minor interior walls — Some paint wear

Value-add opportunities

• Both paint exterior — Enhances curb appeal and value
• Both replace carpet — Fresh carpet improves comfort and value

Renovation cost estimate screening

Repair item	Severity	Est. cost
exterior siding · Light discoloration	Minor	$500–3,000
interior walls · Some paint wear	Minor	$500–3,000
Total estimated repair cost · 2 items		$1,000–6,000

Value-add ROI direction

• Both paint exterior — Enhances curb appeal and value ↑
• Both replace carpet — Fresh carpet improves comfort and 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: Midland ISD
• NCES district ID: 4830570
• Math proficiency: 34% ▼ -7.00%
• Reading proficiency: 36% ▬ 0.00%
• Median HH income: $63,457
• Composite: 31.63/100
• National rank: #5938
• State rank: #477 of 826 in TX

Livability — Midland

• Score: 79/100
• State rank: #57
• US rank: #2192

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

No demographic data for this ZIP.

Market trends

• HPI YoY: —
• Current HPI: —
• 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

+266.7% since first listed

11 events — show timeline

• 2026-05-08 Listed $110,000 PBBOR
• 2023-01-24 Price Changed $45,000 PBBOR
• 2023-01-04 Price Changed $56,000 PBBOR
• 2022-11-29 Price Changed $57,150 PBBOR
• 2022-11-03 Price Changed $57,250 PBBOR
• 2022-10-14 Price Changed $57,500 PBBOR
• 2022-10-08 Price Changed $58,000 PBBOR
• 2014-07-23 Sold (MLS) — ODMLS
• 2014-07-02 Listed $34,000 ODMLS
• 2010-01-28 Sold (MLS) — ODMLS
• 2009-12-23 Listed $30,000 ODMLS