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TBD County Road F
D Composite 42.99
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

TBD County Road F · Mobeetie, TX 79061
3 bd · 2.0 ba · 1,292 sqft · SingleFamily · 68 Days on market
Fair condition ↓ 3% since listing

🖨 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

OPEN FLOOR PLANISOLATED PRIMARY SUITEGARDEN TUBWALK-IN SHOWERHUGE WALK-IN CLOSETOUTDOOR SPACE

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/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.
Recommended offer $109,556 (18.2% 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 68 days. Have you received any prior offers? Is the seller open to a 18% concession, seller financing, or rate buy-down credit?
  3. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
  4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. 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?
  7. 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?
  8. 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?
  9. 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.
  10. 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.
  11. 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

5-year hold
IRR
5.7%
Equity multiple
1.33×
Total profit
$12,302
Equity at exit
$60,252
10-year hold
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
3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.

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

Break-even rent $1,172
Max offer price $125,238
Occupancy floor

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

  1. 2026-06-21
    days on market $134,000 Active 68 DOM
  2. 2026-06-21
    pricedays on market $134,000 Active 67 DOM
  3. 2026-06-18
    days on market $136,000 Active 65 DOM
  4. 2026-06-17
    days on market $136,000 Active 64 DOM
  5. 2026-06-16
    days on market $136,000 Active 63 DOM
  6. 2026-06-15
    days on market $136,000 Active 62 DOM
  7. 2026-06-13
    days on market $136,000 Active 60 DOM
  8. 2026-06-12
    days on market $136,000 Active 59 DOM
  9. 2026-06-09
    days on market $136,000 Active 56 DOM
  10. 2026-06-08
    days on market $136,000 Active 55 DOM
  11. 2026-06-08
    pricedays on market $136,000 Active 54 DOM
  12. 2026-06-05
    days on market $138,000 Active 52 DOM
  13. 2026-06-03
    days on market $138,000 Active 50 DOM
  14. 2026-06-02
    days on market $138,000 Active 49 DOM
  15. 2026-06-01
    days on market $138,000 Active 48 DOM
  16. 2026-05-31
    days on market $138,000 Active 47 DOM
  17. 2026-05-08
    price $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.

  18. 2026-05-01
    price $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.

  19. 2026-04-26
    price $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.

  20. 2026-04-18
    price $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.

  21. 2026-04-14
    listed $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

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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
combined federal + state — saved on this device
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

Fair 45/100 Moderate rehab

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 itemSeverityEst. 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

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

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

Price history

-3.4% since first listed
5 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

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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