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9212 Idaho St
D Composite 42.36
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 +14.0/30.0
  • ARV discount +8.4/15.0
  • DSCR +4.2/10.0
  • 1% rule +3.9/10.0
  • Livability +3.7/5.0
  • Schools +3.2/10.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$233,900

9212 Idaho St · Godley, TX 76058
3 bd · 2.0 ba · 1,716 sqft · Manufactured public records · 99 Days on market
Built 2008 1.03 ac lot $136/sqft · at area comps Est $239k · at est.

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

Listing remarks MLS

This beautiful home is ready for its next family — and their pets. Nestled on over an acre, the property includes a storage building and a dedicated dog run. Step inside to open, light-filled living spaces anchored by dramatic, deep-cherry stained pillars. The open living room, family room, dining area, and stately kitchen are designed to impress, with a stone-look accent in the kitchen. The oversized primary bedroom features an ensuite with double sinks and a separate shower. Move-in ready — schedule a showing and fall in love.

Key facts

  • Open living spaces
  • Dedicated dog run
  • Separate shower

Tags

DEDICATED DOG RUNOPEN LIVING SPACESENSUITE WITH DOUBLE SINKSSEPARATE SHOWER

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 $234k.

Deal economics

  • At list price, monthly cash flow is $28 ($335/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $208k (10.9% below list).
  • Recommended offer: $208k (10.9% below list) — sets the bar for 1% rule.
  • Cap rate 6.4% vs local median 2.8% in Godley — 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 73/100 on livability (#226 in TX) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: health & safety D+, amenities F, commute F.
  • Godley ISD (rural): math 34% / reading 38% proficiency, ranked #466 of 826 in TX (top 56%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Legacy El (math 39% / reading 37%, grade F, #1,709 of 4,322 statewide, top 40%, 408 students, 32% FRL); Godley H S (math 27% / reading 51%, grade F, #859 of 1,632 statewide, top 53%, 777 students, 42% FRL).
  • Market conditions: 421 active listings in the ZIP; 2,152 units permitted in Johnson County in 2024 (76 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
  • Johnson County population projected at +24% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 99 days — a 9% lower offer ($213k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts since 15y ago; this cycle's ask has dropped $16k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; major 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 $208,294 (10.9% below list)

Questions for the listing agent

  1. It's been on market 99 days. Have you received any prior offers? Is the seller open to a 11% 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 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?
  5. 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?
  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
0.89%
Cap rate
6.44%
Cash-on-cash
0.51%
DSCR
1.02
GRM
9.4

CMA / ARV

ARV (median comp)
$238,795
List price
$233,900
Delta
-2.05%
Verdict
FAIR
Comps
20 within 1.0 mi
Show comp detail 10 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
9204 Montana St 0.15mi 3/2.0 1,716 (0%) 3mo $265,000 $154 91
9201 Montana St 0.14mi 3/2.0 1,568 (-9%) 17mo $229,900 $147 65
5912 Kentucky St 0.36mi 3/2.0 1,568 (-9%) 4mo $249,000 $159 65
9316 Colorado St 0.42mi 3/2.0 1,792 (+4%) 14mo $189,900 $106 62
9100 Montana St 0.37mi 4/2.0 (+1) 1,874 (+9%) 6mo $218,000 $116 57
9104 Montana St 0.36mi 3/2.0 1,848 (+8%) 22mo $249,900 $135 52
9204 Kansas St 0.44mi 3/2.0 1,920 (+12%) 13mo $229,900 $120 49
9220 Montana St 0.13mi 4/2.0 (+1) 1,960 (+14%) 20mo $169,900 $87 49
9201 1st St 0.64mi 3/2.0 1,568 (-9%) 13mo $229,000 $146 45
5520 Texas St 0.62mi 3/2.0 1,848 (+8%) 23mo $219,900 $119 39

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 · 3.0% rent growth · sell at horizon

5-year hold
IRR
-15.5%
Equity multiple
0.45×
Total profit
$-36,094
Equity at exit
$34,875
10-year hold
IRR
-6.9%
Equity multiple
0.56×
Total profit
$-29,012
Equity at exit
$20,223

Cash invested: $65,492 (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 76058

Home prices YoY
-24.5%
Active inventory
421
Price-to-rent
9.4×

Monthly cashflow live

Estimated rent
$2,083 medium interval (Pro) →
Mortgage (P&I)
$1,227
Tax from tax record
$294 /mo · $3,523/yr
Insurance
$97
HOA
$0
Vacancy / Maint / Mgmt
$437
Net cashflow
$28

Break-even live

Break-even rent $2,048
Max offer price $233,900
Occupancy floor 94%

Sensitivity live

Price -10% $160 -5% $94 +0% $28 +5% $-38 +10% $-105
Rent -10% $-137 -5% $-54 +0% $28 +5% $110 +10% $192
Rate -1.0pp $146 -0.5pp $87 base $28 +0.5pp $-33 +1.0pp $-94

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
$58,475
Closing costs
$7,017
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 22 events

  1. 2026-06-21
    days on market $233,900 Active 99 DOM
  2. 2026-06-18
    price $233,900 Active 96 DOM
  3. 2026-06-18
    days on market $244,900 Active 96 DOM
  4. 2026-06-17
    days on market $244,900 Active 95 DOM
  5. 2026-06-16
    days on market $244,900 Active 94 DOM
  6. 2026-06-15
    days on market $244,900 Active 93 DOM
  7. 2026-06-13
    days on market $244,900 Active 91 DOM
  8. 2026-06-13
    days on market $244,900 Active 90 DOM
  9. 2026-06-09
    days on market $244,900 Active 87 DOM
  10. 2026-06-08
    days on market $244,900 Active 86 DOM
  11. 2026-06-07
    days on market $244,900 Active 85 DOM
  12. 2026-06-04
    days on market $244,900 Active 82 DOM
  13. 2026-06-03
    days on market $244,900 Active 81 DOM
  14. 2026-06-02
    days on market $244,900 Active 80 DOM
  15. 2026-06-01
    days on market $244,900 Active 79 DOM
  16. 2026-05-31
    days on market $244,900 Active 78 DOM
  17. 2026-04-29
    price $244,900 546-char remark
    Show marketing remark (546 chars)

    This beautiful home is ready for its next family — and their pets. Nestled on over an acre, the property includes a storage building and a dedicated dog run. Step inside to open, light-filled living spaces anchored by dramatic, deep-cherry stained pillars. The open living room, family room, dining area, and stately kitchen are designed to impress, with a stone-look accent in the kitchen. The oversized primary bedroom features an ensuite with double sinks and a separate shower. Move-in ready — schedule a showing and fall in love.

  18. 2026-03-14
    listed $249,900 Active 546-char remark
    Show marketing remark (546 chars)

    This beautiful home is ready for its next family — and their pets. Nestled on over an acre, the property includes a storage building and a dedicated dog run. Step inside to open, light-filled living spaces anchored by dramatic, deep-cherry stained pillars. The open living room, family room, dining area, and stately kitchen are designed to impress, with a stone-look accent in the kitchen. The oversized primary bedroom features an ensuite with double sinks and a separate shower. Move-in ready — schedule a showing and fall in love.

  19. 2011-06-23
    soldstatus
  20. 2011-03-25
    soldstatus Closed 365-char remark
    Show marketing remark (365 chars)

    Well maintained 3-2 manufactured home on just over an acre. This one has all the bells and whistles. Fabulous kitchen with breakfast area and lots of cabinet space. Large Master and secondary bedrooms. Awaiting new owners! Property to be sold AS IS. Buyer or Buyer's Agent to verify all info in MLS. SQ FT info from FHA appraisal deemed reliable but not guaranteed

  21. 2011-02-14
    status Pending 365-char remark
    Show marketing remark (365 chars)

    Well maintained 3-2 manufactured home on just over an acre. This one has all the bells and whistles. Fabulous kitchen with breakfast area and lots of cabinet space. Large Master and secondary bedrooms. Awaiting new owners! Property to be sold AS IS. Buyer or Buyer's Agent to verify all info in MLS. SQ FT info from FHA appraisal deemed reliable but not guaranteed

  22. 2011-01-07
    listed $38,000 Active 365-char remark
    Show marketing remark (365 chars)

    Well maintained 3-2 manufactured home on just over an acre. This one has all the bells and whistles. Fabulous kitchen with breakfast area and lots of cabinet space. Large Master and secondary bedrooms. Awaiting new owners! Property to be sold AS IS. Buyer or Buyer's Agent to verify all info in MLS. SQ FT info from FHA appraisal deemed reliable but not guaranteed

ⓘ 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
$3,523 · $294/mo
Projected year-2 tax
$4,280 · $357/mo
Expected delta
+$757/yr (+$63/mo · 21.5%)

ⓘ 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 6/10 Major
  • 🌡 Heat 7/10 Severe 7 d/yr ≥110°F today · 24 d/yr by 30 yrs out
  • 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
  • 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 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
$24,995
− Mortgage interest
−$13,102
− Property taxes
−$3,523
− Insurance
−$1,170
− Repairs & maintenance
−$2,000
− Management
−$2,000
− Depreciation
−$6,804
Taxable loss
−$3,603
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$865
After-tax cash flow
$1,199/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
Godley ISD
NCES district ID
4820960
Math proficiency
34% ▼ -4.00%
Reading proficiency
38% ▲ 2.00%
Median HH income
$59,332
Composite
32.06/100
National rank
#5820
State rank
#466 of 826 in TX

Livability — Godley

Score
73/100
State rank
#226
US rank
#5528

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Population (ZIP)
21,531

Population outlook (Johnson County) Hauer SSP2

Today (2025)
179,678 people
By 2030
189,208 · +5.3%
By 2040
207,261 · +15.4%
By 2050
223,064 · +24.1%
By 2075
259,979 · +44.7%
By 2100
275,395 · +53.3%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (67%)
Race & ethnicity
White 67% Hispanic / Latino 28% Two or more races 11% Black 2%
Hispanic origin (detail)
Mexican 26%
Common ancestry
Italian 2% Slovak 2% Portuguese 1%
Foreign-born
7% · Canada
Languages at home
80% English-only · Spanish 18% German/W. Germanic 1%

Political lean MEDSL · Johnson

2024 margin
Solid R (+51.4) · D 23.9% · R 75.3%
2008→2024 swing
-3.9pp toward R · 2008: -47.5pp · 2024: -51.4pp
All cycles
2024: R+51.4 2020: R+53.0 2016: R+58.3 2012: R+55.6 2008: R+47.5

Not yet ingested

Civics

Market trends

HPI YoY
▼ -86.22%
Current HPI
265.6513
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

+544.5% since first listed
6 events — show timeline
  • 2026-04-29 Price Changed $244,900 NTREIS
  • 2026-03-14 Listed $249,900 NTREIS
  • 2011-06-23 Sold (Public Records) Public Records
  • 2011-03-25 Sold (MLS) NTREIS
  • 2011-02-14 Pending NTREIS
  • 2011-01-07 Listed $38,000 NTREIS

Property tax history

+5.8%/yr

Latest (2025): $3,523 · -13.4% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…