3939 Teasley Ln · Denton, TX
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 2/10 · Minimal
- Est. fire insurance / yr
- $1,222 – $2,270
Heat risk 7/10 · Major
- Hot days now (above 110°F)
- 7 days/yr
- Hot days in 30 yrs
- 22 days/yr
Wind risk 4/10 · Minor
- Chance of severe wind over 30 yrs
- 22.0%
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 4 days/yr
- Unhealthy air days in 30 yrs
- 5 days/yr
Risk factors via First Street. Map © Google.
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
- Livability +4.4/5.0
- Schools +3.5/10.0
- Rent growth +2.7/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$85,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks
1994 mobile home inside of Lakewood Estates, on Teasley Ln. in Denton, Texas. Will sell with or without furniture 3 bed, 2 bath Carport There were many updates and remodels done 6 years ago, including a new roof, and HVAC.
Key facts
- Hvac
- Lakewood estates
- Teasley ln
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath manufactured listed at $85k.
Deal economics
- At list price, monthly cash flow is $1k ($12k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $85k).
- Cap rate 20.7% vs local median 3.4% in Denton — 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 88/100 on livability (#2 in TX, #210 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, housing A+.
- Denton ISD (urban): math 36% / reading 43% proficiency, ranked #383 of 826 in TX (top 46%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Market conditions: Rents flat; 383 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 71% of comp listings sitting > 30 days — soft ceiling on asking rent; high-income renter base; 10,531 units permitted in Denton County in 2024 (2,713 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $588 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
- Denton County population projected at +66% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
- At projected returns (-3.0% appreciation + 0.8% rent growth), your $24k cash investment doubles in ~3 years — after that, you're playing with house money.
Negotiation context
- Only 6 days on market — expect competitive offers; lowballing is unlikely to land.
- 3 sale attempts 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: extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
- 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.
- 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.
- 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
- 2.39% ✓
- Cap rate
- 20.67%
- Cash-on-cash
- 51.35%
- DSCR
- 3.28
- GRM
- 3.5
CMA / ARV
- ARV (on-the-fly)
- $43,624
- Comps found
- 1
Show comp detail 1 sale within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 3939 Teasley Ln #313 | 0.28mi | 3/2.0 | 1,216 (+14%) | 18mo | $50,000 | $41 | 48 |
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 · 0.82% rent growth · sell at horizon
- IRR
- 46.7%
- Equity multiple
- 2.96×
- Total profit
- $46,752
- Equity at exit
- $12,674
- IRR
- 51.5%
- Equity multiple
- 5.50×
- Total profit
- $107,212
- Equity at exit
- $7,349
Cash invested: $23,800 (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
ZIP-level market 76210
- Home prices YoY
- -14.4%
- Rents YoY
- 0.8%
- Active inventory
- 383
- Price-to-rent
- 3.5×
Monthly cashflow live
- Estimated rent
- $2,033 high interval (Pro) →
- Mortgage (P&I)
- −$446
- Tax est. 1.5%
- −$106 /mo · $1,275/yr
- Insurance
- −$35
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$427
- Net cashflow
- $1,018
Break-even live
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
- $21,250
- Closing costs
- $2,550
- 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 7 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 2729 San Felipe Dr Denton, TX | 3.0 | 2.0 | 1412 | $2,150 | $1.52 | 43d | 1 | 0.41mi |
| 2817 San Felipe Dr Denton, TX | 3.0 | 2.0 | 1323 | $1,895 | $1.43 | 43d | 1 | 0.43mi |
| 3410 Clydesdale Dr Unit 3410 B Denton, TX | 2.0 | 1.0 | 1000 | $1,500 | $1.50 | 43d | 1 | 0.49mi |
| 3901 Montecito Dr Apt 221 Denton, TX | 2.0 | 2.0 | 1080 | $3,716 | $3.44 | 16d | 1 | 0.74mi |
| 3901 Montecito Dr Unit 604 Denton, TX | 3.0 | 2.0 | 1070 | $3,300 | $3.08 | 43d | 1 | 0.74mi |
| 2920 Groveland Ct Denton, TX | 3.0 | 2.0 | 1262 | $1,900 | $1.51 | 12d | 1 | 0.91mi |
| 3914 Winston Dr Denton, TX | 3.0 | 2.0 | 1368 | $2,265 | $1.66 | 43d | 1 | 1.09mi |
Listing history 6 events
-
2026-06-18days on market $85,000 Active 6 DOM
-
2026-06-17days on market $85,000 Active 5 DOM
-
2026-06-16days on market $85,000 Active 4 DOM
-
2026-06-15days on market $85,000 Active 3 DOM
-
2026-06-13remarks 226-char remark
-
2026-06-13$85,000 Active 1 DOM
ⓘ 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 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 2/10 Low
- Heat 7/10 Severe 7 d/yr ≥110°F today · 22 d/yr by 30 yrs out
- Wind 4/10 Moderate 22% chance of damaging wind over 30 yrs
- Air quality 4/10 Moderate 4 unhealthy d/yr today · 5 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $24,391
- − Mortgage interest
- −$4,761
- − Property taxes
- −$1,275
- − Insurance
- −$425
- − Repairs & maintenance
- −$1,951
- − Management
- −$1,951
- − Depreciation
- −$2,473
- Taxable income
- $11,555
- Est. tax owed @ 24.0%
- −$2,773
- After-tax cash flow
- $9,447/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
- Denton ISD
- NCES district ID
- 4816740
- Math proficiency
- 36% ▼ -18.00%
- Reading proficiency
- 43% ▼ -9.00%
- Median HH income
- $58,913
- Composite
- 34.91/100
- National rank
- #5075
- State rank
- #383 of 826 in TX
Livability — Denton
- Score
- 88/100
- State rank
- #2
- US rank
- #210
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Denton, TX
- County
- Denton County · 901,654 people
- City population
- 127,990
- Metro
- Dallas-Fort Worth-Arlington, TX
- Population (ZIP)
- 47,610
- Household income
- $113,980
- Rent vs Own
- Severe rent burden
- 991.0
Population outlook (Denton County) Hauer SSP2
- Today (2025)
- 1,053,010 people
- By 2030
- 1,192,269 · +13.2%
- By 2040
- 1,472,920 · +39.9%
- By 2050
- 1,746,506 · +65.9%
- By 2075
- 2,358,497 · +124.0%
- By 2100
- 2,779,183 · +163.9%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.57)
- Race & ethnicity
- White 61% Hispanic / Latino 22% Two or more races 16% Black 9% Asian 4%
- Hispanic origin (detail)
- Mexican 16% Puerto Rican 1%
- Common ancestry
- Lithuanian 3% Italian 2% Slovak 2%
- Foreign-born
- 11% · Canada, China, South Korea
- Languages at home
- 79% English-only · Spanish 15% Chinese 1% Other Asian/Pacific 1%
Political lean MEDSL · Denton
- 2024 margin
- R (+13.2) · D 42.7% · R 55.8% · Other 1.5%
- 2008→2024 swing
- +11.0pp toward D · 2008: -24.2pp · 2024: -13.2pp
- All cycles
- 2024: R+13.2 2020: R+8.1 2016: R+20.2 2012: R+31.7 2008: R+24.2
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -43.55%
- Current HPI
- 257.9844
- Rent YoY
- ▲ 0.82%
- Metro
- Dallas-Fort Worth-Arlington, 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 |
|
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| Technology | 5 | $198B |
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| Engineering / Construction | 4 | $72B |
|
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| Energy Services | 3 | $60B |
|
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| Utilities | 3 | $41B |
|
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| Healthcare | 2 | $330B |
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Price history
+6.2% since first listed4 events — show timeline
- 2026-06-13 Listed $85,000 FSBO.com
- 2025-06-26 Listed $75,000 NTREIS
- 2025-03-16 Price Changed $75,000 NTREIS
- 2025-02-14 Listed $80,000 NTREIS
Property tax history
-5.6%/yrLatest (2020): $80 · -2.7% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…