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30619 Hazy Meadow Dr
B- Composite 65.83
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 +23.0/30.0
  • Appreciation +10.0/10.0
  • ARV discount +7.5/15.0
  • DSCR +7.4/10.0
  • 1% rule +6.2/10.0
  • Schools +3.9/10.0
  • Livability +2.8/5.0
  • Rent growth +2.6/5.0
  • Condition / age +2.5/5.0

$199,999

30619 Hazy Meadow Dr · Pinehurst, TX 77354
4 bd · 2.0 ba · 2,128 sqft · Manufactured public records · 281 Days on market
Built 2008 0.52 ac lot $94/sqft · at area comps Est $200k · at est.

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Tranquility at it's best, this spacious 4 bedroom, 2 bathroom home perfect for comfortable country living in Magnolia! Enjoy an open-concept layout that seamlessly connects the kitchen, dining area, and family room, creating a great space for gathering and entertaining. The home features generously sized bedrooms, and oversized bathrooms that offer extra comfort and convenience. This home is A double wide mobile home situated on a large, unrestricted lot, this property gives you the freedom and space to make it truly your own. Don’t miss the opportunity to see it—schedule your showing today! Home will need TLC

Key facts

  • Open-concept layout
  • 0.52 acre lot
  • Built 2008

Tags

OPEN-CONCEPT LAYOUTDOUBLE WIDE MOBILE HOMELARGE UNRESTRICTED LOT

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 4-bed/2.0-bath manufactured listed at $200k.

Deal economics

  • At list price, monthly cash flow is $355 ($4k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $200k).
  • Recommended offer: $176k (12.0% below list) — sets the bar for market timing.
  • Cap rate 8.4% vs local median 2.0% in Pinehurst — 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 55/100 on livability (#1,350 in TX) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing B+; Watch: employment C-, schools F, crime D-.
  • Magnolia ISD (rural): math 42% / reading 45% proficiency, ranked #247 of 826 in TX (top 30%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: Rents flat; 1604 active listings in the ZIP; 1 comparable units currently listed for rent nearby; high-income renter base; 13,259 units permitted in Montgomery County in 2024 (1,402 in 5+ unit buildings).

Forward outlook

  • In year one you build about $21k of equity ($1k loan paydown + $20k appreciation (10.0% local appreciation)).
  • Montgomery County population projected at +65% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (10.0% appreciation + 0.3% rent growth), your $56k cash investment doubles in ~3 years — after that, you're playing with house money.
  • By year 2, paydown + projected appreciation supports a ~$34k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • It's been on market 281 days — a 12% lower offer ($176k) is reasonable based on typical stale-listing flexibility.
  • 12 sale attempts since 11y ago; this cycle's ask has dropped $50k (20%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $175,999 (12.0% below list)

Questions for the listing agent

  1. It's been on market 281 days. Have you received any prior offers? Is the seller open to a 12% 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 F-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. 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?
  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
1.12%
Cap rate
8.42%
Cash-on-cash
7.61%
DSCR
1.34
GRM
7.5

CMA / ARV

ARV (median comp)
$200,000
List price
$199,999
Delta
Verdict
FAIR
Comps
3 within 1.0 mi
Show comp detail 2 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
29927 Hunters Rd 0.67mi 4/2.0 2,128 (0%) 4mo $200,000 $94 65
30710 Hazy Meadow Dr 0.10mi 3/2.0 (-1) 1,848 (-13%) 8mo $245,000 $133 62

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

Projected returns pro-forma

10.0% appreciation · 0.32% rent growth · sell at horizon

5-year hold
IRR
28.7%
Equity multiple
3.25×
Total profit
$125,740
Equity at exit
$180,175
10-year hold
IRR
24.2%
Equity multiple
7.11×
Total profit
$341,949
Equity at exit
$388,554

Cash invested: $56,000 (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 77354

Home prices YoY
2.4%
Rents YoY
0.3%
Active inventory
1604
Price-to-rent
7.5×

Monthly cashflow live

Estimated rent
$2,232 medium interval (Pro) →
Mortgage (P&I)
$1,049
Tax from tax record
$276 /mo · $3,310/yr
Insurance
$83
HOA
$0
Vacancy / Maint / Mgmt
$469
Net cashflow
$355

Break-even live

Break-even rent $1,782
Max offer price $199,999
Occupancy floor 79%

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
$50,000
Closing costs
$6,000
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 1 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
4311 Maple Root Ln Pinehurst, TX 3.0 2.0 1500 $2,000 $1.33 43d 1 1.22mi

Listing history 38 events

  1. 2026-06-02
    days on market $199,999 Active 281 DOM
  2. 2026-06-01
    days on market $199,999 Active 280 DOM
  3. 2026-05-31
    days on market $199,999 Active 279 DOM
  4. 2025-09-19
    status Active 629-char remark
    Show marketing remark (629 chars)

    Tranquility at it's best, this spacious 4 bedroom, 2 bathroom home perfect for comfortable country living in Magnolia! Enjoy an open-concept layout that seamlessly connects the kitchen, dining area, and family room, creating a great space for gathering and entertaining. The home features generously sized bedrooms, and oversized bathrooms that offer extra comfort and convenience. This home is A double wide mobile home situated on a large, unrestricted lot, this property gives you the freedom and space to make it truly your own. Don’t miss the opportunity to see it—schedule your showing today! Home will need TLC

  5. 2025-09-19
    price $199,999 629-char remark
    Show marketing remark (629 chars)

    Tranquility at it's best, this spacious 4 bedroom, 2 bathroom home perfect for comfortable country living in Magnolia! Enjoy an open-concept layout that seamlessly connects the kitchen, dining area, and family room, creating a great space for gathering and entertaining. The home features generously sized bedrooms, and oversized bathrooms that offer extra comfort and convenience. This home is A double wide mobile home situated on a large, unrestricted lot, this property gives you the freedom and space to make it truly your own. Don’t miss the opportunity to see it—schedule your showing today! Home will need TLC

  6. 2025-08-04
    historical 629-char remark
    Show marketing remark (629 chars)

    Tranquility at it's best, this spacious 4 bedroom, 2 bathroom home perfect for comfortable country living in Magnolia! Enjoy an open-concept layout that seamlessly connects the kitchen, dining area, and family room, creating a great space for gathering and entertaining. The home features generously sized bedrooms, and oversized bathrooms that offer extra comfort and convenience. This home is A double wide mobile home situated on a large, unrestricted lot, this property gives you the freedom and space to make it truly your own. Don’t miss the opportunity to see it—schedule your showing today! Home will need TLC

  7. 2025-07-11
    listed $250,000 Active 629-char remark
    Show marketing remark (629 chars)

    Tranquility at it's best, this spacious 4 bedroom, 2 bathroom home perfect for comfortable country living in Magnolia! Enjoy an open-concept layout that seamlessly connects the kitchen, dining area, and family room, creating a great space for gathering and entertaining. The home features generously sized bedrooms, and oversized bathrooms that offer extra comfort and convenience. This home is A double wide mobile home situated on a large, unrestricted lot, this property gives you the freedom and space to make it truly your own. Don’t miss the opportunity to see it—schedule your showing today! Home will need TLC

  8. 2017-01-03
    soldstatus
  9. 2016-12-30
    soldstatus Sold 390-char remark
    Show marketing remark (390 chars)

    Looking for a like new, move in ready home on land? This one has it all. .. 4 bedrooms, 2 baths, 2128 sqft on a fully fenced . 52 acre. Open and bright with 2 living areas, spacious bedrooms with walk in closets. Freshly painted, new carpet, lighting, fans, blinds, stove, refrigerator, AC, deck, fence and landscaping. Close to shopping in Tomball and The Woodlands. Zoned to Magnolia ISD.

  10. 2016-11-30
    status Pending 390-char remark
    Show marketing remark (390 chars)

    Looking for a like new, move in ready home on land? This one has it all. .. 4 bedrooms, 2 baths, 2128 sqft on a fully fenced . 52 acre. Open and bright with 2 living areas, spacious bedrooms with walk in closets. Freshly painted, new carpet, lighting, fans, blinds, stove, refrigerator, AC, deck, fence and landscaping. Close to shopping in Tomball and The Woodlands. Zoned to Magnolia ISD.

  11. 2016-11-23
    status Option Pending 390-char remark
    Show marketing remark (390 chars)

    Looking for a like new, move in ready home on land? This one has it all. .. 4 bedrooms, 2 baths, 2128 sqft on a fully fenced . 52 acre. Open and bright with 2 living areas, spacious bedrooms with walk in closets. Freshly painted, new carpet, lighting, fans, blinds, stove, refrigerator, AC, deck, fence and landscaping. Close to shopping in Tomball and The Woodlands. Zoned to Magnolia ISD.

  12. 2016-09-16
    listed $119,900 Active 390-char remark
    Show marketing remark (390 chars)

    Looking for a like new, move in ready home on land? This one has it all. .. 4 bedrooms, 2 baths, 2128 sqft on a fully fenced . 52 acre. Open and bright with 2 living areas, spacious bedrooms with walk in closets. Freshly painted, new carpet, lighting, fans, blinds, stove, refrigerator, AC, deck, fence and landscaping. Close to shopping in Tomball and The Woodlands. Zoned to Magnolia ISD.

  13. 2016-09-02
    historical
  14. 2016-08-24
    price $119,900
  15. 2016-08-16
    price $124,900
  16. 2016-07-14
    price $129,900
  17. 2016-05-05
    price $139,900
  18. 2016-04-17
    listed $148,900 Active
  19. 2016-03-16
    historical
  20. 2016-03-14
    soldstatus Sold
  21. 2016-03-02
    status Pending
  22. 2016-02-27
    status Active
  23. 2016-01-14
    status Pending
  24. 2016-01-14
    price $66,000
  25. 2016-01-14
    status Active
  26. 2016-01-08
    status Pending
  27. 2015-12-12
    status Active
  28. 2015-11-06
    status Pending
  29. 2015-11-05
    status Active
  30. 2015-09-01
    status Pending
  31. 2015-08-26
    status Active
  32. 2015-08-20
    status Pending
  33. 2015-08-20
    status Active
  34. 2015-08-13
    status Pending
  35. 2015-08-07
    status Active
  36. 2015-07-17
    status Pending
  37. 2015-07-07
    listed $75,000 Active
  38. 1995-10-31
    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
$3,310 · $276/mo
Projected year-2 tax
$3,660 · $305/mo
Expected delta
+$350/yr (+$29/mo · 10.6%)

ⓘ 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 4/10 Moderate
  • 🌡 Heat 8/10 Severe 7 d/yr ≥111°F today · 23 d/yr by 30 yrs out
  • 💨 Wind 8/10 Severe 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 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
$26,783
− Mortgage interest
−$11,203
− Property taxes
−$3,310
− Insurance
−$1,000
− Repairs & maintenance
−$2,143
− Management
−$2,143
− Depreciation
−$5,818
Taxable income
$1,167
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$280
After-tax cash flow
$3,983/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
Magnolia ISD
NCES district ID
4828740
Math proficiency
42% ▼ -7.00%
Reading proficiency
45% ▼ -4.00%
Median HH income
$71,692
Composite
39.46/100
National rank
#3958
State rank
#247 of 826 in TX

Livability — Pinehurst

Score
55/100
State rank
#1350
US rank
#23272

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Pinehurst, TX
County
Montgomery County · 663,713 people
Metro
Houston-The Woodlands-Sugar Land, TX
Population (ZIP)
44,900
Household income
$112,504
Rent vs Own
20.1% rent · 79.9% own
Severe rent burden
586.0

Population outlook (Montgomery County) Hauer SSP2

Today (2025)
713,896 people
By 2030
805,263 · +12.8%
By 2040
992,708 · +39.1%
By 2050
1,179,590 · +65.2%
By 2075
1,628,084 · +128.1%
By 2100
1,937,880 · +171.5%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (66%)
Race & ethnicity
White 66% Hispanic / Latino 25% Two or more races 18% Black 3% Asian 1%
Hispanic origin (detail)
Mexican 14% Puerto Rican 1%
Common ancestry
Lithuanian 4% Slovak 2% Italian 2%
Foreign-born
11% · Canada, Vietnam
Languages at home
83% English-only · Spanish 15% Other Indo-European 1% German/W. Germanic 1%

Political lean MEDSL · Montgomery

2024 margin
Solid R (+45.5) · D 26.8% · R 72.3%
2008→2024 swing
+7.2pp toward D · 2008: -52.7pp · 2024: -45.5pp
All cycles
2024: R+45.5 2020: R+43.8 2016: R+51.4 2012: R+60.7 2008: R+52.7

Not yet ingested

Civics

Market trends

HPI YoY
▲ 12.09%
Current HPI
512.87
Rent YoY
▲ 0.32%
Metro
Houston-The Woodlands-Sugar Land, TX
State GDP YoY
▲ 3.95%
F500 in state
110

Industry mix (Fortune 500 HQ in TX)

Industry F500 HQs Revenue

Price history

+166.7% since first listed
35 events — show timeline
  • 2025-09-19 Relisted HARMLS
  • 2025-09-19 Price Changed $199,999 HARMLS
  • 2025-08-04 Listing Removed HARMLS
  • 2025-07-11 Listed $250,000 HARMLS
  • 2017-01-03 Sold (Public Records) Public Records
  • 2016-12-30 Sold (MLS) HARMLS
  • 2016-11-30 Pending HARMLS
  • 2016-11-23 Pending HARMLS
  • 2016-09-16 Listed $119,900 HARMLS
  • 2016-09-02 Listing Removed HARMLS
  • 2016-08-24 Price Changed $119,900 HARMLS
  • 2016-08-16 Price Changed $124,900 HARMLS
  • 2016-07-14 Price Changed $129,900 HARMLS
  • 2016-05-05 Price Changed $139,900 HARMLS
  • 2016-04-17 Listed $148,900 HARMLS
  • 2016-03-16 Listing Removed HARMLS
  • 2016-03-14 Sold (MLS) HARMLS
  • 2016-03-02 Pending HARMLS
  • 2016-02-27 Relisted HARMLS
  • 2016-01-14 Pending HARMLS
  • 2016-01-14 Price Changed $66,000 HARMLS
  • 2016-01-14 Relisted HARMLS
  • 2016-01-08 Pending HARMLS
  • 2015-12-12 Relisted HARMLS
  • 2015-11-06 Pending HARMLS
  • 2015-11-05 Relisted HARMLS
  • 2015-09-01 Pending HARMLS
  • 2015-08-26 Relisted HARMLS
  • 2015-08-20 Pending HARMLS
  • 2015-08-20 Relisted HARMLS
  • 2015-08-13 Pending HARMLS
  • 2015-08-07 Relisted HARMLS
  • 2015-07-17 Pending HARMLS
  • 2015-07-07 Listed $75,000 HARMLS
  • 1995-10-31 Sold (Public Records) Public Records

Property tax history

+4.4%/yr

Latest (2025): $3,310 · +9.8% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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