TBD County Road F · Mobeetie, TX
Flood risk No data
- FEMA flood zone
- —
- Chance of flooding over 30 yrs
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- Est. flood insurance / yr
- —
Fire risk No data
- Est. fire insurance / yr
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Heat risk No data
- Hot days now (above threshold)
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- Hot days in 30 yrs
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Wind risk No data
- Chance of severe wind over 30 yrs
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Air-quality risk No data
- Unhealthy air days now
- —
- Unhealthy air days in 30 yrs
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Risk factors via First Street. Map © Google.
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 +10.8/30.0
- ARV discount +7.5/15.0
- Schools +5.6/10.0
- Appreciation +5.0/10.0
- 1% rule +3.2/10.0
- DSCR +3.1/10.0
- Livability +3.0/5.0
- Rent growth +2.5/5.0
- Condition / age +2.2/5.0
$134,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Enjoy country living on 0.97 acres in the quiet town of Mobeetie, Texas. This 3-bedroom, 2-bath home offers an open floor plan with a comfortable flow for everyday living and entertaining. The isolated primary suite provides added privacy and features a relaxing garden tub, walk-in shower & a HUGE walk-in closet. With plenty of outdoor space to enjoy, this property gives you the small-town feel you've been looking for while still offering the convenience of town amenities nearby. Home is all electric & has a wood burning stove in the living room.
Key facts
- Open floor plan
- Huge walk-in closet
- Walk-in shower
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath single-family listed at $134k. Condition is rated fair.
Deal economics
- At list price, monthly cash flow is $-61 ($-727/yr) — negative.
- To cash-flow at today's rent, offer at most $125k (6.5% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $110k (18.2% below list).
- Recommended offer: $110k (18.2% below list) — sets the bar for 1% rule.
Location & tenants
- Location reads 60/100 on livability (#1,100 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: employment D+, schools F, crime D-.
- Fort Elliott CISD (rural): math 55% / reading 70% proficiency, ranked #90 of 1,141 in TX (top 8%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 19% free/reduced lunch — higher-income household profile.
- Market conditions: 14 active listings in the ZIP.
Forward outlook
- In year one you build about $5k of equity ($926 loan paydown + $4k appreciation (3.0% local appreciation)).
- Wheeler County population projected at +28% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
- At projected returns (3.0% appreciation + 3.0% rent growth), your $38k cash investment doubles in ~7 years — after that, you're playing with house money.
- By year 7, paydown + projected appreciation supports a ~$31k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.
Negotiation context
- It's been on market 68 days — a 6% lower offer ($126k) is reasonable based on typical stale-listing flexibility.
Questions for the listing agent
- 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?
- It's been on market 68 days. Have you received any prior offers? Is the seller open to a 18% concession, seller financing, or rate buy-down credit?
- Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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?
- 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
- 0.82% ✗
- Cap rate
- 5.75%
- Cash-on-cash
- -1.94%
- DSCR
- 0.91
- GRM
- 10.2
CMA / ARV
No comps found within radius.
Projected returns pro-forma
3.0% appreciation · 3.0% rent growth · sell at horizon
- IRR
- 5.7%
- Equity multiple
- 1.33×
- Total profit
- $12,302
- Equity at exit
- $60,252
- IRR
- 8.7%
- Equity multiple
- 2.31×
- Total profit
- $49,243
- Equity at exit
- $92,856
Cash invested: $37,520 (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 79061
- Active inventory
- 14
- Price-to-rent
- 10.2×
Monthly cashflow live
- Estimated rent
- $1,096 medium interval (Pro) →
- Mortgage (P&I)
- −$703
- Tax est. 1.5%
- −$168 /mo · $2,010/yr
- Insurance
- −$56
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$230
- Net cashflow
- $-61
Break-even live
Sensitivity live
| Price | -10% $32 | -5% $-14 | +0% $-61 | +5% $-107 | +10% $-153 |
|---|---|---|---|---|---|
| Rent | -10% $-147 | -5% $-104 | +0% $-61 | +5% $-17 | +10% $26 |
| Rate | -1.0pp $7 | -0.5pp $-26 | base $-61 | +0.5pp $-95 | +1.0pp $-131 |
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
- $33,500
- Closing costs
- $4,020
- 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 21 events
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2026-06-21days on market $134,000 Active 68 DOM
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2026-06-21pricedays on market $134,000 Active 67 DOM
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2026-06-18days on market $136,000 Active 65 DOM
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2026-06-17days on market $136,000 Active 64 DOM
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2026-06-16days on market $136,000 Active 63 DOM
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2026-06-15days on market $136,000 Active 62 DOM
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2026-06-13days on market $136,000 Active 60 DOM
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2026-06-12days on market $136,000 Active 59 DOM
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2026-06-09days on market $136,000 Active 56 DOM
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2026-06-08days on market $136,000 Active 55 DOM
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2026-06-08pricedays on market $136,000 Active 54 DOM
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2026-06-05days on market $138,000 Active 52 DOM
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2026-06-03days on market $138,000 Active 50 DOM
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2026-06-02days on market $138,000 Active 49 DOM
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2026-06-01days on market $138,000 Active 48 DOM
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2026-05-31days on market $138,000 Active 47 DOM
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2026-05-08price $140,000 564-char remark
Show marketing remark (564 chars)
Enjoy country living on 0.97 acres in the quiet town of Mobeetie, Texas. This 3-bedroom, 2-bath home offers an open floor plan with a comfortable flow for everyday living and entertaining. The isolated primary suite provides added privacy and features a relaxing garden tub, walk-in shower & a HUGE walk-in closet. With plenty of outdoor space to enjoy, this property gives you the small-town feel you've been looking for while still offering the convenience of town amenities nearby. Home is all electric & has a wood burning stove in the living room.
-
2026-05-01price $142,000 564-char remark
Show marketing remark (564 chars)
Enjoy country living on 0.97 acres in the quiet town of Mobeetie, Texas. This 3-bedroom, 2-bath home offers an open floor plan with a comfortable flow for everyday living and entertaining. The isolated primary suite provides added privacy and features a relaxing garden tub, walk-in shower & a HUGE walk-in closet. With plenty of outdoor space to enjoy, this property gives you the small-town feel you've been looking for while still offering the convenience of town amenities nearby. Home is all electric & has a wood burning stove in the living room.
-
2026-04-26price $143,000 564-char remark
Show marketing remark (564 chars)
Enjoy country living on 0.97 acres in the quiet town of Mobeetie, Texas. This 3-bedroom, 2-bath home offers an open floor plan with a comfortable flow for everyday living and entertaining. The isolated primary suite provides added privacy and features a relaxing garden tub, walk-in shower & a HUGE walk-in closet. With plenty of outdoor space to enjoy, this property gives you the small-town feel you've been looking for while still offering the convenience of town amenities nearby. Home is all electric & has a wood burning stove in the living room.
-
2026-04-18price $144,000 564-char remark
Show marketing remark (564 chars)
Enjoy country living on 0.97 acres in the quiet town of Mobeetie, Texas. This 3-bedroom, 2-bath home offers an open floor plan with a comfortable flow for everyday living and entertaining. The isolated primary suite provides added privacy and features a relaxing garden tub, walk-in shower & a HUGE walk-in closet. With plenty of outdoor space to enjoy, this property gives you the small-town feel you've been looking for while still offering the convenience of town amenities nearby. Home is all electric & has a wood burning stove in the living room.
-
2026-04-14$145,000 Active 564-char remark
Show marketing remark (564 chars)
Enjoy country living on 0.97 acres in the quiet town of Mobeetie, Texas. This 3-bedroom, 2-bath home offers an open floor plan with a comfortable flow for everyday living and entertaining. The isolated primary suite provides added privacy and features a relaxing garden tub, walk-in shower & a HUGE walk-in closet. With plenty of outdoor space to enjoy, this property gives you the small-town feel you've been looking for while still offering the convenience of town amenities nearby. Home is all electric & has a wood burning stove in the living room.
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
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Taxation est. · year 1
- Rental income
- $13,147
- − Mortgage interest
- −$7,506
- − Property taxes
- −$2,010
- − Insurance
- −$670
- − Repairs & maintenance
- −$1,052
- − Management
- −$1,052
- − Depreciation
- −$3,898
- Taxable loss
- −$3,041
- Est. tax savings @ 24.0%
- +$730
- After-tax cash flow
- $3/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.
Condition & rehab AI · 13 photos
This mobile home requires extensive repairs and maintenance, including a new roof, exterior siding, and foundation. It also needs fresh paint and landscaping to improve its appearance and increase its value.
Repairs flagged
- Major roof — The independent satellite image shows a dilapidated roof with visible damage.
- Major exterior siding — The independent satellite image shows a dilapidated structure with visible damage to the siding.
- Major foundation — The independent satellite image shows a dilapidated structure with visible damage to the foundation.
Value-add opportunities
- Resale repair and replace roof — A new roof would significantly improve the home's appearance and increase its value.
- Resale repair and replace exterior siding — A new exterior siding would improve the home's appearance and increase its value.
- Resale repair and replace foundation — A new foundation would improve the home's structural integrity and increase its value.
- Resale paint interior walls — Fresh paint would improve the home's appearance and increase its value.
- Resale landscaping — A well-maintained landscape would improve the home's curb appeal and increase its value.
Renovation cost estimate screening
| Repair item | Severity | Est. cost |
|---|---|---|
| roof · The independent satellite image shows a dilapidated roof with visible damage. | Major | $15,000–50,000 |
| exterior siding · The independent satellite image shows a dilapidated structure with visible damage to the siding. | Major | $15,000–50,000 |
| foundation · The independent satellite image shows a dilapidated structure with visible damage to the foundation. | Major | $15,000–50,000 |
| Total estimated repair cost · 3 items | $45,000–150,000 |
Value-add ROI direction
- Resale repair and replace roof — A new roof would significantly improve the home's appearance and increase its value. ↑
- Resale repair and replace exterior siding — A new exterior siding would improve the home's appearance and increase its value. ↑
- Resale repair and replace foundation — A new foundation would improve the home's structural integrity and increase its value. ↑
- Resale paint interior walls — Fresh paint would improve the home's appearance and increase its value. ↑
- Resale landscaping — A well-maintained landscape would improve the home's curb appeal and increase its value. ↑
ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.
Schools (NCES district)
- District
- Fort Elliott CISD
- NCES district ID
- 4811400
- Math proficiency
- 55% ▼ -10.00%
- Reading proficiency
- 70% ▲ 15.00%
- Median HH income
- $63,993
- Composite
- 55.96/100
- National rank
- #2574
- State rank
- #90 of 1141 in TX
Livability — Mobeetie
- Score
- 60/100
- State rank
- #1100
- US rank
- #19473
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Population (ZIP)
- 282
Population outlook (Wheeler County) Hauer SSP2
- Today (2025)
- 6,212 people
- By 2030
- 6,519 · +4.9%
- By 2040
- 7,210 · +16.1%
- By 2050
- 7,953 · +28.0%
- By 2075
- 9,663 · +55.6%
- By 2100
- 10,059 · +61.9%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Majority White (52%)
- Race & ethnicity
- White 52% Hispanic / Latino 44% Black 1% Asian 1%
- Hispanic origin (detail)
- Mexican 44%
- Common ancestry
- Italian 2% Portuguese 1%
- Foreign-born
- 19% · Canada
- Languages at home
- 57% English-only · Spanish 42% Tagalog/Filipino 1%
Political lean MEDSL · Wheeler
- 2024 margin
- Solid R (+84.7) · D 7.4% · R 92.1%
- 2008→2024 swing
- -13.2pp toward R · 2008: -71.4pp · 2024: -84.7pp
- All cycles
- 2024: R+84.7 2020: R+85.2 2016: R+82.1 2012: R+77.3 2008: R+71.4
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- —
- Current HPI
- —
- Rent YoY
- —
- Metro
- —
- 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
-3.4% since first listed5 events — show timeline
- 2026-05-08 Price Changed $140,000 PBOR
- 2026-05-01 Price Changed $142,000 PBOR
- 2026-04-26 Price Changed $143,000 PBOR
- 2026-04-18 Price Changed $144,000 PBOR
- 2026-04-14 Listed $145,000 PBOR
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…