418 Lenora Dr · Taylor, TX 76574

$229,000

3 bd · 2.0 ba · 1,680 sqft · SingleFamily · 102 Days on market

Built 2017 8,712 sqft lot $136/sqft · 21% above area Est $189k · 21% over ↓ 8% since listing

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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 +18.1/30.0
• DSCR +5.7/10.0
• 1% rule +4.2/10.0
• Livability +3.6/5.0
• Rent growth +2.6/5.0
• Condition / age +2.5/5.0
• Schools +2.0/10.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to 418 Lenora Dr in Taylor, TX! This 3-bedroom, 2-bathroom double-wide mobile home offers a thoughtful layout with the primary suite on one side of the home for privacy and two secondary bedrooms on the other—ideal for family, guests, or roommates. A dedicated study adds valuable flexibility for remote work or creative space. The kitchen includes a refrigerator that conveys, making this move-in ready. In 2024, a new fence was installed, and a concrete slab was added along the side of the home leading to the backyard—perfect for outdoor seating, or easy access. The backyard includes a shed that can also convey with the property. If you are looking for space and affordability in Taylor, this home is a great choice in a growing community.

Key facts

• Primary suite
• Concrete slab
• Backyard shed

Tags

• PRIMARY SUITE
• DEDICATED STUDY
• NEW FENCE
• CONCRETE SLAB
• BACKYARD SHED

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $229k.

Deal economics

• At list price, monthly cash flow is $200 ($2k/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 $211k (7.6% below list).
• Recommended offer: $208k (9.0% below list) — sets the bar for market timing.
• Cap rate 7.3% vs local median 4.3% in Taylor — 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 71/100 on livability (#312 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: employment C-, schools D-, amenities F.
• Taylor ISD (town): math 20% / reading 27% proficiency, ranked #726 of 826 in TX (top 88%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 61% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents flat; 314 active listings in the ZIP; 8 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 7,543 units permitted in Williamson County in 2024 (1,425 in 5+ unit buildings).
• This rent runs 32% of the median local income ($79k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

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.
• Williamson County population projected at +69% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 102 days — a 9% lower offer ($208k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 4y 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 wind risk, 80% chance of damaging wind over 30y; extreme-heat days projected 6→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $208,390 (9.0% below list)

Questions for the listing agent

1. It's been on market 102 days. Have you received any prior offers? Is the seller open to a 9% 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: 0.92% ✗
• Cap rate: 7.34%
• Cash-on-cash: 3.75%
• DSCR: 1.17
• GRM: 9.0

CMA / ARV

• ARV (median comp): $188,526
• List price: $229,000
• Delta: 22.26%
• Verdict: OVERPRICED
• Comps: 3 within 1.0 mi

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1609 Laurel St	0.49mi	3/2.0	1,635 (-3%)	5mo	$200,000	$122	68
1420 Frink St	0.40mi	3/2.0	1,732 (+3%)	22mo	$219,000	$126	58
313 Old Thorndale Rd	0.23mi	3/3.0	1,768 (+5%)	22mo	$399,990	$226	58
148 Harston Dr	0.64mi	3/2.5	1,780 (+6%)	6mo	$246,990	$139	53
1006 Porter St	0.31mi	2/1.0 (-1)	1,478 (-12%)	7mo	$175,000	$118	51
152 Harston Dr	0.58mi	3/2.5	1,880 (+12%)	6mo	$269,990	$144	46
1612 Laurel St	0.51mi	4/2.0 (+1)	1,754 (+4%)	22mo	$350,000	$200	45
507 Maresh St	0.53mi	4/2.0 (+1)	1,921 (+14%)	17mo	$249,500	$130	32
510 Davis St	0.70mi	3/1.5	1,500 (-11%)	21mo	$299,000	$199	30

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 · 0.43% rent growth · sell at horizon

5-year hold

• IRR: -13.2%
• Equity multiple: 0.54×
• Total profit: $-29,714
• Equity at exit: $34,145

10-year hold

• IRR: -8.5%
• Equity multiple: 0.53×
• Total profit: $-30,372
• Equity at exit: $19,800

Cash invested: $64,120 (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 76574

• Home prices YoY: -32.3%
• Rents YoY: 0.4%
• Active inventory: 314
• Price-to-rent: 9.0×

Monthly cashflow live

• Estimated rent: $2,115 high
• Mortgage (P&I): −$1,201
• Tax from tax record: −$174 /mo · $2,089/yr
• Insurance: −$95
• HOA: −$0
• Vacancy / Maint / Mgmt: −$444
• Net cashflow: $200

Break-even live

Break-even rent $1,861

Max offer price $229,000

Occupancy floor 86%

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: $57,250
• Closing costs: $6,870
• Reserves months: —
• Total cash needed: —

Rent comps 8 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
206 Oscar St Taylor, TX	4.0	1.5	1960	$2,100	$1.07	2d	1	0.34mi
109 N Main St Unit A Taylor, TX	2.0	1.0	1495	$1,750	$1.17	2d	1	0.69mi
210 W Lake Dr Taylor, TX	2.0	1.5	1057	$1,450	$1.37	44d	1	0.70mi
1215 Davis St Taylor, TX	4.0	2.5	2220	$3,200	$1.44	24d	1	0.82mi
600 Kimbro St Taylor, TX	3.0	2.5	1480	$2,250	$1.52	24d	1	0.89mi
401 Shaw St Taylor, TX	2.0	1.0	1168	$1,650	$1.41	18d	1	0.99mi
1707 Lexington St Taylor, TX	3.0	2.0	2140	$2,500	$1.17	24d	1	1.03mi
1117 W 4th St Taylor, TX	3.0	2.0	1334	$1,400	$1.05	18d	1	1.21mi

Listing history 34 events

1. 2026-06-18
   days on market $229,000 Active 102 DOM
2. 2026-06-17
   pricedays on market $229,000 Active 101 DOM
3. 2026-06-16
   days on market $230,500 Active 100 DOM
4. 2026-06-15
   days on market $230,500 Active 99 DOM
5. 2026-06-13
   days on market $230,500 Active 97 DOM
6. 2026-06-09
   days on market $230,500 Active 93 DOM
7. 2026-06-08
   days on market $230,500 Active 92 DOM
8. 2026-06-07
   days on market $230,500 Active 91 DOM
9. 2026-06-05
   days on market $230,500 Active 88 DOM
10. 2026-06-03
    days on market $230,500 Active 87 DOM
11. 2026-06-02
    days on market $230,500 Active 86 DOM
12. 2026-06-01
    days on market $230,500 Active 85 DOM
13. 2026-05-31
    days on market $230,500 Active 84 DOM
14. 2026-04-19
    price $230,500 765-char remark

    Show marketing remark (765 chars)

    Welcome to 418 Lenora Dr in Taylor, TX! This 3-bedroom, 2-bathroom double-wide mobile home offers a thoughtful layout with the primary suite on one side of the home for privacy and two secondary bedrooms on the other—ideal for family, guests, or roommates. A dedicated study adds valuable flexibility for remote work or creative space. The kitchen includes a refrigerator that conveys, making this move-in ready. In 2024, a new fence was installed, and a concrete slab was added along the side of the home leading to the backyard—perfect for outdoor seating, or easy access. The backyard includes a shed that can also convey with the property. If you are looking for space and affordability in Taylor, this home is a great choice in a growing community.

15. 2026-03-08
    listed $239,500 Active 765-char remark

    Show marketing remark (765 chars)

    Welcome to 418 Lenora Dr in Taylor, TX! This 3-bedroom, 2-bathroom double-wide mobile home offers a thoughtful layout with the primary suite on one side of the home for privacy and two secondary bedrooms on the other—ideal for family, guests, or roommates. A dedicated study adds valuable flexibility for remote work or creative space. The kitchen includes a refrigerator that conveys, making this move-in ready. In 2024, a new fence was installed, and a concrete slab was added along the side of the home leading to the backyard—perfect for outdoor seating, or easy access. The backyard includes a shed that can also convey with the property. If you are looking for space and affordability in Taylor, this home is a great choice in a growing community.

16. 2025-09-02
    price
17. 2025-08-14
    price
18. 2025-07-24
    listed Active
19. 2023-09-11
    soldstatus
20. 2023-08-03
    status Pending
21. 2023-07-06
    price $238,000
22. 2023-04-24
    status Active
23. 2023-04-24
    price $239,000
24. 2023-04-24
    status Active
25. 2023-04-24
    price
26. 2023-04-08
    historical Active Under Contract
27. 2023-04-08
    historical Active Under Contract
28. 2023-04-03
    status Active
29. 2023-04-03
    status Active
30. 2023-02-12
    historical Active Under Contract
31. 2023-02-12
    status Pending
32. 2022-12-22
    listed $250,000 Active
33. 2022-12-22
    listed Active
34. 2013-01-11
    soldstatus

ⓘ 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: $2,089 · $174/mo
• Projected year-2 tax: $4,191 · $349/mo
• Expected delta: +$2,102/yr (+$175/mo · 100.6%)

ⓘ 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 3/10 Moderate
• 🌡 Heat 8/10 Severe 6 d/yr ≥108°F today · 19 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 80% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,379
• − Mortgage interest: −$12,828
• − Property taxes: −$2,089
• − Insurance: −$1,145
• − Repairs & maintenance: −$2,030
• − Management: −$2,030
• − Depreciation: −$6,662
• Taxable loss: −$1,405
• Est. tax savings @ 24.0%: +$337
• After-tax cash flow: $2,742/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: Taylor ISD
• NCES district ID: 4842280
• Math proficiency: 20% ▼ -15.00%
• Reading proficiency: 27% ▼ -11.00%
• Median HH income: $45,330
• Composite: 20.35/100
• National rank: #8606
• State rank: #726 of 826 in TX

Livability — Taylor

• Score: 71/100
• State rank: #312
• US rank: #7013

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Taylor, TX
• County: Williamson County · 680,029 people
• City population: 20,242
• Metro: Austin-Round Rock-Georgetown, TX
• Population (ZIP): 20,242
• Household income: $78,568
• Rent vs Own: 23.4% rent · 76.6% own
• Severe rent burden: 371.0

Population outlook (Williamson County) Hauer SSP2

• Today (2025): 699,027 people
• By 2030: 795,537 · +13.8%
• By 2040: 990,683 · +41.7%
• By 2050: 1,184,292 · +69.4%
• By 2075: 1,623,825 · +132.3%
• By 2100: 1,924,153 · +175.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.57)
• Race & ethnicity: White 50% Hispanic / Latino 42% Two or more races 22% Black 5%
• Hispanic origin (detail): Mexican 37%
• Common ancestry: Romanian 2% Italian 1% Lithuanian 1%
• Foreign-born: 8% · Canada
• Languages at home: 74% English-only · Spanish 23% Russian/Polish/Slavic 1%

Political lean MEDSL · Williamson

• 2024 margin: Toss-up / Even · D 48.0% · R 50.4% · Other 1.6%
• 2008→2024 swing: +10.6pp toward D · 2008: -13.0pp · 2024: -2.5pp
• All cycles: 2024: R+2.5 2020: D+1.4 2016: R+9.9 2012: R+21.5 2008: R+13.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -108.71%
• Current HPI: 227.58
• Rent YoY: ▲ 0.43%
• Metro: Austin-Round Rock-Georgetown, 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

-7.8% since first listed

21 events — show timeline

• 2026-04-19 Price Changed $230,500 Unlock MLS
• 2026-03-08 Listed $239,500 Unlock MLS
• 2025-09-02 Price Changed — Unlock MLS
• 2025-08-14 Price Changed — Unlock MLS
• 2025-07-24 Listed — Unlock MLS
• 2023-09-11 Sold (Public Records) — Public Records
• 2023-08-03 Pending — CTXMLS
• 2023-07-06 Price Changed $238,000 CTXMLS
• 2023-04-24 Relisted — CTXMLS
• 2023-04-24 Price Changed $239,000 CTXMLS
• 2023-04-24 Relisted — Unlock MLS
• 2023-04-24 Price Changed — Unlock MLS
• 2023-04-08 Contingent — CTXMLS
• 2023-04-08 Contingent — Unlock MLS
• 2023-04-03 Relisted — CTXMLS
• 2023-04-03 Relisted — Unlock MLS
• 2023-02-12 Contingent — Unlock MLS
• 2023-02-12 Pending — CTXMLS
• 2022-12-22 Listed — Unlock MLS
• 2022-12-22 Listed $250,000 CTXMLS
• 2013-01-11 Sold (Public Records) — Public Records

Property tax history

+7.6%/yr

Latest (2026): $2,089 · +10.0% YoY. Source: county tax records.