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772 County Road 2191
D Composite 43.36
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).

  • ARV discount +15.0/15.0
  • Cash flow +10.7/30.0
  • Rent growth +3.5/5.0
  • Schools +3.5/10.0
  • DSCR +3.1/10.0
  • Livability +3.1/5.0
  • Condition / age +2.5/5.0
  • 1% rule +2.0/10.0
  • Appreciation +0.0/10.0

$210,000

772 County Road 2191 · Cleveland, TX 77327
3 bd · 1.0 ba · 800 sqft · SingleFamily public records · 201 Days on market
Built 2008 1.10 ac lot $262/sqft · 46% above area Est $280k · 25% under ↓ 9% since listing

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

This charming 3 bed, 2 bath double wide home sits on just over 1 acre in Tarkington ISD with No Flood Plain! Enjoy privacy in a peaceful country setting in North Cleveland. The open floor plan offers a spacious living room, ample cabinets, and family dining space. Situated on a cul-de-sac, the large cleared lot ensures no through traffic. With no HOA or restrictions, this property boasts a water well and aerobic septic system. Relax on the huge covered deck in the fenced front yard. Don't miss the chance to make this beautiful property your home!

Key facts

  • Privacy
  • Open floor plan
  • Double wide

Tags

DOUBLE WIDEPRIVACYPEACEFUL COUNTRY SETTINGOPEN FLOOR PLANSPACIOUS LIVING ROOMPLENTY OF CABINETS

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/1.0-bath single-family listed at $210k.

Deal economics

  • At list price, monthly cash flow is $-98 ($-1k/yr) — negative.
  • To cash-flow at today's rent, offer at most $193k (8.3% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $146k (30.4% below list).
  • Recommended offer: $146k (30.4% below list) — sets the bar for 1% rule.
  • Cap rate 5.7% vs local median 4.7% in Cleveland — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

  • Location reads 61/100 on livability (#1,013 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: schools F, crime D-, amenities F.
  • Tarkington ISD (rural): math 43% / reading 38% proficiency, ranked #373 of 826 in TX (top 45%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: Rents rising fast (+4.0%/yr); 1574 active listings in the ZIP; 1,321 units permitted in Liberty County in 2024 (0 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
  • Liberty 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 201 days — a 12% lower offer ($185k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

  • Climate carrying-cost: severe wind risk, 99% 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 $146,154 (30.4% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. It's been on market 201 days. Have you received any prior offers? Is the seller open to a 30% concession, seller financing, or rate buy-down credit?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. 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?
  6. 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?
  7. 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?
  8. 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.
  9. 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.
  10. 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
0.70%
Cap rate
5.73%
Cash-on-cash
-2.01%
DSCR
0.91
GRM
12.0

CMA / ARV

ARV (median comp)
$280,201
List price
$210,000
Delta
-25.05%
Verdict
UNDERPRICED
Comps
15 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 4.0% rent growth · sell at horizon

5-year hold
IRR
-18.7%
Equity multiple
0.34×
Total profit
$-38,913
Equity at exit
$31,312
10-year hold
IRR
-9.7%
Equity multiple
0.39×
Total profit
$-36,143
Equity at exit
$18,157

Cash invested: $58,800 (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
3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.

ZIP-level market 77327

Home prices YoY
-5.2%
Rents YoY
4.0%
Active inventory
1574
Price-to-rent
12.0×

Monthly cashflow live

Estimated rent
$1,462 medium interval (Pro) →
Mortgage (P&I)
$1,101
Tax from tax record
$64 /mo · $771/yr
Insurance
$88
HOA
$0
Vacancy / Maint / Mgmt
$307
Net cashflow
$-98

Break-even live

Break-even rent $1,586
Max offer price $192,612
Occupancy floor

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
$52,500
Closing costs
$6,300
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 16 events

  1. 2026-05-12
    status Pending 552-char remark
    Show marketing remark (552 chars)

    This charming 3 bed, 2 bath double wide home sits on just over 1 acre in Tarkington ISD with No Flood Plain! Enjoy privacy in a peaceful country setting in North Cleveland. The open floor plan offers a spacious living room, ample cabinets, and family dining space. Situated on a cul-de-sac, the large cleared lot ensures no through traffic. With no HOA or restrictions, this property boasts a water well and aerobic septic system. Relax on the huge covered deck in the fenced front yard. Don't miss the chance to make this beautiful property your home!

  2. 2026-05-09
    status Pending 552-char remark
    Show marketing remark (552 chars)

    This charming 3 bed, 2 bath double wide home sits on just over 1 acre in Tarkington ISD with No Flood Plain! Enjoy privacy in a peaceful country setting in North Cleveland. The open floor plan offers a spacious living room, ample cabinets, and family dining space. Situated on a cul-de-sac, the large cleared lot ensures no through traffic. With no HOA or restrictions, this property boasts a water well and aerobic septic system. Relax on the huge covered deck in the fenced front yard. Don't miss the chance to make this beautiful property your home!

  3. 2026-04-08
    price $210,000 552-char remark
    Show marketing remark (552 chars)

    This charming 3 bed, 2 bath double wide home sits on just over 1 acre in Tarkington ISD with No Flood Plain! Enjoy privacy in a peaceful country setting in North Cleveland. The open floor plan offers a spacious living room, ample cabinets, and family dining space. Situated on a cul-de-sac, the large cleared lot ensures no through traffic. With no HOA or restrictions, this property boasts a water well and aerobic septic system. Relax on the huge covered deck in the fenced front yard. Don't miss the chance to make this beautiful property your home!

  4. 2026-03-12
    price $214,400 552-char remark
    Show marketing remark (552 chars)

    This charming 3 bed, 2 bath double wide home sits on just over 1 acre in Tarkington ISD with No Flood Plain! Enjoy privacy in a peaceful country setting in North Cleveland. The open floor plan offers a spacious living room, ample cabinets, and family dining space. Situated on a cul-de-sac, the large cleared lot ensures no through traffic. With no HOA or restrictions, this property boasts a water well and aerobic septic system. Relax on the huge covered deck in the fenced front yard. Don't miss the chance to make this beautiful property your home!

  5. 2026-02-24
    price $214,500 552-char remark
    Show marketing remark (552 chars)

    This charming 3 bed, 2 bath double wide home sits on just over 1 acre in Tarkington ISD with No Flood Plain! Enjoy privacy in a peaceful country setting in North Cleveland. The open floor plan offers a spacious living room, ample cabinets, and family dining space. Situated on a cul-de-sac, the large cleared lot ensures no through traffic. With no HOA or restrictions, this property boasts a water well and aerobic septic system. Relax on the huge covered deck in the fenced front yard. Don't miss the chance to make this beautiful property your home!

  6. 2026-02-04
    price $214,997 552-char remark
    Show marketing remark (552 chars)

    This charming 3 bed, 2 bath double wide home sits on just over 1 acre in Tarkington ISD with No Flood Plain! Enjoy privacy in a peaceful country setting in North Cleveland. The open floor plan offers a spacious living room, ample cabinets, and family dining space. Situated on a cul-de-sac, the large cleared lot ensures no through traffic. With no HOA or restrictions, this property boasts a water well and aerobic septic system. Relax on the huge covered deck in the fenced front yard. Don't miss the chance to make this beautiful property your home!

  7. 2026-01-15
    price $214,998 552-char remark
    Show marketing remark (552 chars)

    This charming 3 bed, 2 bath double wide home sits on just over 1 acre in Tarkington ISD with No Flood Plain! Enjoy privacy in a peaceful country setting in North Cleveland. The open floor plan offers a spacious living room, ample cabinets, and family dining space. Situated on a cul-de-sac, the large cleared lot ensures no through traffic. With no HOA or restrictions, this property boasts a water well and aerobic septic system. Relax on the huge covered deck in the fenced front yard. Don't miss the chance to make this beautiful property your home!

  8. 2026-01-06
    price $214,999 552-char remark
    Show marketing remark (552 chars)

    This charming 3 bed, 2 bath double wide home sits on just over 1 acre in Tarkington ISD with No Flood Plain! Enjoy privacy in a peaceful country setting in North Cleveland. The open floor plan offers a spacious living room, ample cabinets, and family dining space. Situated on a cul-de-sac, the large cleared lot ensures no through traffic. With no HOA or restrictions, this property boasts a water well and aerobic septic system. Relax on the huge covered deck in the fenced front yard. Don't miss the chance to make this beautiful property your home!

  9. 2025-12-11
    price $215,000 552-char remark
    Show marketing remark (552 chars)

    This charming 3 bed, 2 bath double wide home sits on just over 1 acre in Tarkington ISD with No Flood Plain! Enjoy privacy in a peaceful country setting in North Cleveland. The open floor plan offers a spacious living room, ample cabinets, and family dining space. Situated on a cul-de-sac, the large cleared lot ensures no through traffic. With no HOA or restrictions, this property boasts a water well and aerobic septic system. Relax on the huge covered deck in the fenced front yard. Don't miss the chance to make this beautiful property your home!

  10. 2025-12-06
    price $221,000 552-char remark
    Show marketing remark (552 chars)

    This charming 3 bed, 2 bath double wide home sits on just over 1 acre in Tarkington ISD with No Flood Plain! Enjoy privacy in a peaceful country setting in North Cleveland. The open floor plan offers a spacious living room, ample cabinets, and family dining space. Situated on a cul-de-sac, the large cleared lot ensures no through traffic. With no HOA or restrictions, this property boasts a water well and aerobic septic system. Relax on the huge covered deck in the fenced front yard. Don't miss the chance to make this beautiful property your home!

  11. 2025-11-28
    price $222,000 552-char remark
    Show marketing remark (552 chars)

    This charming 3 bed, 2 bath double wide home sits on just over 1 acre in Tarkington ISD with No Flood Plain! Enjoy privacy in a peaceful country setting in North Cleveland. The open floor plan offers a spacious living room, ample cabinets, and family dining space. Situated on a cul-de-sac, the large cleared lot ensures no through traffic. With no HOA or restrictions, this property boasts a water well and aerobic septic system. Relax on the huge covered deck in the fenced front yard. Don't miss the chance to make this beautiful property your home!

  12. 2025-11-20
    price $224,998 552-char remark
    Show marketing remark (552 chars)

    This charming 3 bed, 2 bath double wide home sits on just over 1 acre in Tarkington ISD with No Flood Plain! Enjoy privacy in a peaceful country setting in North Cleveland. The open floor plan offers a spacious living room, ample cabinets, and family dining space. Situated on a cul-de-sac, the large cleared lot ensures no through traffic. With no HOA or restrictions, this property boasts a water well and aerobic septic system. Relax on the huge covered deck in the fenced front yard. Don't miss the chance to make this beautiful property your home!

  13. 2025-11-13
    price $224,999 552-char remark
    Show marketing remark (552 chars)

    This charming 3 bed, 2 bath double wide home sits on just over 1 acre in Tarkington ISD with No Flood Plain! Enjoy privacy in a peaceful country setting in North Cleveland. The open floor plan offers a spacious living room, ample cabinets, and family dining space. Situated on a cul-de-sac, the large cleared lot ensures no through traffic. With no HOA or restrictions, this property boasts a water well and aerobic septic system. Relax on the huge covered deck in the fenced front yard. Don't miss the chance to make this beautiful property your home!

  14. 2025-11-04
    price $225,000 552-char remark
    Show marketing remark (552 chars)

    This charming 3 bed, 2 bath double wide home sits on just over 1 acre in Tarkington ISD with No Flood Plain! Enjoy privacy in a peaceful country setting in North Cleveland. The open floor plan offers a spacious living room, ample cabinets, and family dining space. Situated on a cul-de-sac, the large cleared lot ensures no through traffic. With no HOA or restrictions, this property boasts a water well and aerobic septic system. Relax on the huge covered deck in the fenced front yard. Don't miss the chance to make this beautiful property your home!

  15. 2025-10-26
    price $229,999 552-char remark
    Show marketing remark (552 chars)

    This charming 3 bed, 2 bath double wide home sits on just over 1 acre in Tarkington ISD with No Flood Plain! Enjoy privacy in a peaceful country setting in North Cleveland. The open floor plan offers a spacious living room, ample cabinets, and family dining space. Situated on a cul-de-sac, the large cleared lot ensures no through traffic. With no HOA or restrictions, this property boasts a water well and aerobic septic system. Relax on the huge covered deck in the fenced front yard. Don't miss the chance to make this beautiful property your home!

  16. 2025-10-22
    listed $230,000 Active 552-char remark
    Show marketing remark (552 chars)

    This charming 3 bed, 2 bath double wide home sits on just over 1 acre in Tarkington ISD with No Flood Plain! Enjoy privacy in a peaceful country setting in North Cleveland. The open floor plan offers a spacious living room, ample cabinets, and family dining space. Situated on a cul-de-sac, the large cleared lot ensures no through traffic. With no HOA or restrictions, this property boasts a water well and aerobic septic system. Relax on the huge covered deck in the fenced front yard. Don't miss the chance to make this beautiful property your home!

ⓘ 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
$771 · $64/mo
Projected year-2 tax
$3,843 · $320/mo
Expected delta
+$3,072/yr (+$256/mo · 398.2%)

ⓘ 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 9/10 Extreme 7 d/yr ≥111°F today · 24 d/yr by 30 yrs out
  • 💨 Wind 8/10 Severe 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 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
$17,538
− Mortgage interest
−$11,763
− Property taxes
−$771
− Insurance
−$1,050
− Repairs & maintenance
−$1,403
− Management
−$1,403
− Depreciation
−$6,109
Taxable loss
−$4,961
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,191
After-tax cash flow
$10/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
Tarkington ISD
NCES district ID
4842210
Math proficiency
43% ▼ -6.00%
Reading proficiency
38% ▼ -4.00%
Median HH income
$50,895
Composite
35.02/100
National rank
#5044
State rank
#373 of 826 in TX

Livability — Cleveland

Score
61/100
State rank
#1013
US rank
#17943

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

County
Liberty County · 82,189 people
City population
17,208
Metro
Houston-The Woodlands-Sugar Land, TX
Population (ZIP)
42,685
Household income
$62,219
Rent vs Own
14.4% rent · 85.6% own
Severe rent burden
437.0

Population outlook (Liberty County) Hauer SSP2

Today (2025)
87,956 people
By 2030
92,161 · +4.8%
By 2040
100,784 · +14.6%
By 2050
109,471 · +24.5%
By 2075
133,470 · +51.7%
By 2100
147,372 · +67.6%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.57)
Race & ethnicity
Hispanic / Latino 54% White 36% Two or more races 18% Black 8% Native American 2%
Hispanic origin (detail)
Mexican 42%
Common ancestry
Lithuanian 2% Serbian 1% Slovak 0%
Foreign-born
22% · Canada
Languages at home
51% English-only · Spanish 48%

Political lean MEDSL · Liberty

2024 margin
Solid R (+61.6) · D 19.0% · R 80.6%
2008→2024 swing
-17.9pp toward R · 2008: -43.7pp · 2024: -61.6pp
All cycles
2024: R+61.6 2020: R+59.7 2016: R+58.0 2012: R+53.3 2008: R+43.7

Not yet ingested

Civics

Market trends

HPI YoY
▼ -12.39%
Current HPI
224.9222
Rent YoY
▲ 4.00%
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

-8.7% since first listed
16 events — show timeline
  • 2026-05-12 Pending HARMLS
  • 2026-05-09 Pending HARMLS
  • 2026-04-08 Price Changed $210,000 HARMLS
  • 2026-03-12 Price Changed $214,400 HARMLS
  • 2026-02-24 Price Changed $214,500 HARMLS
  • 2026-02-04 Price Changed $214,997 HARMLS
  • 2026-01-15 Price Changed $214,998 HARMLS
  • 2026-01-06 Price Changed $214,999 HARMLS
  • 2025-12-11 Price Changed $215,000 HARMLS
  • 2025-12-06 Price Changed $221,000 HARMLS
  • 2025-11-28 Price Changed $222,000 HARMLS
  • 2025-11-20 Price Changed $224,998 HARMLS
  • 2025-11-13 Price Changed $224,999 HARMLS
  • 2025-11-04 Price Changed $225,000 HARMLS
  • 2025-10-26 Price Changed $229,999 HARMLS
  • 2025-10-22 Listed $230,000 HARMLS

Property tax history

+4.9%/yr

Latest (2025): $771 · -64.5% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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