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1700 W Fort Davis Ave
C Composite 55.2
Why this score? — see what drove the C 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 +22.8/30.0
  • ARV discount +7.5/15.0
  • DSCR +7.3/10.0
  • 1% rule +4.7/10.0
  • Schools +4.0/10.0
  • Livability +3.9/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$142,000

1700 W Fort Davis Ave · Alpine, TX 79830
2 bd · 1.0 ba · 980 sqft · Manufactured public records · 19 Days on market
Built 1982 0.75 ac lot

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

Listing remarks MLS

Sold AS-IS!! This 840 sq. ft. mobile home has 2 bedrooms, 1 bathrooms, and is sits on a corner lot with 3/4 of an acre of land, fenced with a 2 Car Garage and a 675 sf partially finished home. The home has central HVAC, a colorful kitchen with a walk-in pantry, island, and gas range. Carpet and Vinyl flooring, textured walls, and a inviting front porch. The property is outside the city limits but has city water. So much potential! Call for a showing today!

Key facts

  • Mobile home
  • City water
  • Sewer tap

Tags

0.75-ACRE PROPERTYMOBILE HOMECITY WATERSEWER TAP

Property features AI

Exterior

  • Parking: Parking pad
  • Utilities: Public water; Public sewer and septic tank; Propane service
  • Home design: Residential mobile home (single wide)
  • Construction: Other roof material; Other foundation type; Built as a mobile home
  • Exterior features: Corner lot; Paved road access; No additional exterior features listed; Solar energy generation

Interior

  • Kitchen: Gas range; Refrigerator
  • Flooring: Vinyl
  • Bathrooms: 1 full bathroom
  • Heating & cooling: Central heating (propane); Central electric air conditioning
  • Interior features: Blinds on windows; Vinyl flooring; No fireplace
  • Laundry & utility: Gas water heater

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 2-bed/1.0-bath manufactured listed at $142k.

Deal economics

  • At list price, monthly cash flow is $247 ($3k/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 $137k (3.3% below list).
  • Recommended offer: $137k (3.3% below list) — sets the bar for 1% rule.

Location & tenants

  • Location reads 78/100 on livability (#73 in TX, #2,631 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities D+, commute F, employment F.
  • Alpine ISD (town): math 43% / reading 53% proficiency, ranked #235 of 826 in TX (top 28%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Alpine El (math 27% / reading 37%, grade F, #2,268 of 4,322 statewide, top 55%, 377 students, 47% FRL); Alpine Middle (math 38% / reading 55%, grade D+, #443 of 1,662 statewide, top 28%, 269 students, 58% FRL); Alpine H S (math 77% / reading 62%, grade B, #119 of 1,632 statewide, top 9%, 308 students, 54% FRL).
  • Market conditions: 167 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 7 units permitted in Brewster County in 2024 (0 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $982 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
  • Brewster County population projected at -17% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

  • It's been on market 19 days — a 2% lower offer ($140k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts since 6y 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 6→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $137,300 (3.3% below list)

Questions for the listing agent

  1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  2. 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.
  3. 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.
  4. 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
0.97%
Cap rate
8.38%
Cash-on-cash
7.46%
DSCR
1.33
GRM
8.6

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
-4.9%
Equity multiple
0.82×
Total profit
$-7,335
Equity at exit
$21,173
10-year hold
IRR
4.7%
Equity multiple
1.34×
Total profit
$13,609
Equity at exit
$12,278

Cash invested: $39,760 (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 79830

Home prices YoY
-32.6%
Active inventory
167
Price-to-rent
8.6×

Monthly cashflow live

Estimated rent
$1,373 medium interval (Pro) →
Mortgage (P&I)
$745
Tax from tax record
$34 /mo · $404/yr
Insurance
$59
HOA
$0
Vacancy / Maint / Mgmt
$288
Net cashflow
$247

Break-even live

Break-even rent $1,060
Max offer price $142,000
Occupancy floor 77%

Sensitivity live

Price -10% $328 -5% $287 +0% $247 +5% $207 +10% $167
Rent -10% $139 -5% $193 +0% $247 +5% $301 +10% $356
Rate -1.0pp $319 -0.5pp $283 base $247 +0.5pp $210 +1.0pp $173

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
$35,500
Closing costs
$4,260
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
205 S 11th St Alpine, TX 2.0 1.0 754 $1,800 $2.39 15d 1 1.19mi

Listing history 13 events

  1. 2026-06-21
    days on market $142,000 Active 19 DOM
  2. 2026-06-18
    days on market $142,000 Active 16 DOM
  3. 2026-06-17
    days on market $142,000 Active 15 DOM
  4. 2026-06-16
    days on market $142,000 Active 14 DOM
  5. 2026-06-15
    pricedays on market $142,000 Active 13 DOM
  6. 2026-06-14
    days on market $148,000 Active 11 DOM
  7. 2026-06-13
    days on market $148,000 Active 10 DOM
  8. 2026-06-10
    days on market $148,000 Active 8 DOM
  9. 2026-06-09
    days on market $148,000 Active 7 DOM
  10. 2026-06-08
    days on market $148,000 Active 6 DOM
  11. 2026-06-07
    days on market $148,000 Active 5 DOM
  12. 2026-06-03
    remarks 434-char remark
  13. 2026-06-03
    listed $148,000 Active 1 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast TX · Resets to sale price

Current annual tax
$404 · $34/mo
Projected year-2 tax
$2,599 · $217/mo
Expected delta
+$2,195/yr (+$183/mo · 543.2%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 1/10 Low 0% chance over 30 yrs
  • 🔥 Wildfire 10/10 Extreme
  • 🌡 Heat 5/10 Major 6 d/yr ≥95°F today · 17 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 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
$16,476
− Mortgage interest
−$7,954
− Property taxes
−$404
− Insurance
−$710
− Repairs & maintenance
−$1,318
− Management
−$1,318
− Depreciation
−$4,131
Taxable income
$641
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$154
After-tax cash flow
$2,812/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
Alpine ISD
NCES district ID
4807950
Math proficiency
43% ▼ -4.00%
Reading proficiency
53% ▲ 2.00%
Median HH income
$39,184
Composite
40.06/100
National rank
#3814
State rank
#235 of 826 in TX

Livability — Alpine

Score
78/100
State rank
#73
US rank
#2631

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

County
Brewster County · 7,853 people
City population
7,853
Metro
nan
Population (ZIP)
7,853
Household income
$66,546
Rent vs Own
32.6% rent · 67.4% own
Severe rent burden
229.0

Population outlook (Brewster County) Hauer SSP2

Today (2025)
8,850 people
By 2030
8,577 · -3.1%
By 2040
7,903 · -10.7%
By 2050
7,338 · -17.1%
By 2075
5,950 · -32.8%
By 2100
4,678 · -47.1%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Majority White (52%)
Race & ethnicity
White 52% Hispanic / Latino 46% Two or more races 15% Asian 1%
Hispanic origin (detail)
Mexican 37%
Common ancestry
Serbian 5% Slovak 3% Romanian 2%
Foreign-born
9% · Canada
Languages at home
69% English-only · Spanish 29% Tagalog/Filipino 1%

Political lean MEDSL · Brewster

2024 margin
R (+12.6) · D 43.0% · R 55.6% · Other 1.4%
2008→2024 swing
-15.5pp toward R · 2008: 3.0pp · 2024: -12.6pp
All cycles
2024: R+12.6 2020: R+4.2 2016: R+4.8 2012: R+5.4 2008: D+3.0

Not yet ingested

Civics

Market trends

HPI YoY
▼ -86.21%
Current HPI
178.4899
Rent YoY
Metro
nan
State GDP YoY
▲ 3.95%
F500 in state
110

Industry mix (Fortune 500 HQ in TX)

Industry F500 HQs Revenue

Price history

+127.7% since first listed
7 events — show timeline
  • 2026-06-02 Listed $148,000 ODMLS
  • 2020-07-01 Sold (Public Records) Public Records
  • 2020-06-30 Sold (MLS) ODMLS
  • 2020-05-20 Listed $65,000 ODMLS
  • 2001-04-18 Sold (Public Records) Public Records
  • 1984-01-27 Sold (Public Records) Public Records
  • 1973-02-19 Sold (Public Records) Public Records

Property tax history

-0.2%/yr

Latest (2025): $404 · +2.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…