CashFlowRE
Sign in Sign up
41 Tranquility Trails Way Plan
C Composite 56.07
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 +27.1/30.0
  • DSCR +9.4/10.0
  • 1% rule +7.3/10.0
  • Condition / age +4.0/5.0
  • Schools +3.2/10.0
  • Livability +3.1/5.0
  • Rent growth +2.0/5.0
  • ARV discount +0.0/15.0
  • Appreciation +0.0/10.0

$124,900

41 Tranquility Trails Way Plan · Willis, TX 77318
2 bd · 2.0 ba · 980 sqft · Manufactured · 317 Days on market
Good condition $127/sqft · 47% above area Est $85k · 47% over ↓ 11% since listing

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

Listing remarks MLS

Discover the state-of-the-art amenities and affordable lifestyle at Rockrose Ranch - a community nestled between Lake Conroe and the greater Houston area. Floor-to-ceiling windows and a vaulted ceiling fill this charming 980 SQ. FT. 2 bed 2 bath home with light. A blend of style & comfort revel in an open-concept space. Cook in a kitchen flaunting a U-shaped island, granite-esque countertops, all appliances and blinds included.

Key facts

  • Vaulted ceiling
  • Open-concept space
  • U-shaped island

Tags

STATE-OF-THE-ART AMENITIESFLOOR-TO-CEILING WINDOWSVAULTED CEILINGOPEN-CONCEPT SPACEU-SHAPED ISLANDGRANITE-ESQUE COUNTERTOPS

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/2.0-bath manufactured listed at $125k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $352 ($4k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $125k).
  • Recommended offer: $110k (12.0% below list) — sets the bar for market timing.
  • Cap rate 9.7% vs local median 4.7% in Willis — 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 62/100 on livability (#933 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: crime C-, schools D+, employment D+.
  • Willis ISD (rural): math 33% / reading 40% proficiency, ranked #458 of 826 in TX (top 55%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: Rents soft (-2.1%/yr); 1199 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 83% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 13,259 units permitted in Montgomery County in 2024 (1,402 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $864 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
  • Montgomery County population projected at +65% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 317 days — a 12% lower offer ($110k) is reasonable based on typical stale-listing flexibility.
  • 7 sale attempts; this cycle's ask has dropped $15k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Recommended offer $109,912 (12.0% below list)

Questions for the listing agent

  1. It's been on market 317 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 D-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. 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.
  6. 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.
  7. 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
1.23%
Cap rate
9.68%
Cash-on-cash
12.08%
DSCR
1.54
GRM
6.8

CMA / ARV

ARV (median comp)
$84,900
List price
$124,900
Delta
47.11%
Verdict
OVERPRICED
Comps
7 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold
IRR
-1.8%
Equity multiple
0.93×
Total profit
$-2,296
Equity at exit
$18,623
10-year hold
IRR
4.3%
Equity multiple
1.27×
Total profit
$9,553
Equity at exit
$10,799

Cash invested: $34,972 (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 77318

Home prices YoY
-32.7%
Rents YoY
-2.1%
Active inventory
1199
Price-to-rent
6.8×

Monthly cashflow live

Estimated rent
$1,538 high interval (Pro) →
Mortgage (P&I)
$655
Tax est. 1.5%
$156 /mo · $1,874/yr
Insurance
$52
HOA
$0
Vacancy / Maint / Mgmt
$323
Net cashflow
$352

Break-even live

Break-even rent $1,093
Max offer price $124,900
Occupancy floor 72%

Sensitivity live

Price -10% $438 -5% $395 +0% $352 +5% $309 +10% $266
Rent -10% $231 -5% $291 +0% $352 +5% $413 +10% $474
Rate -1.0pp $415 -0.5pp $384 base $352 +0.5pp $320 +1.0pp $287

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
$31,225
Closing costs
$3,747
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 6 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
9992 Calendar St Willis, TX 2.0 1.0 800 $1,200 $1.50 45d 1 0.45mi
11561 Persimmon St Willis, TX 3.0 2.0 1000 $1,530 $1.53 45d 1 0.49mi
11559 Persimmon St Willis, TX 3.0 2.0 1000 $1,490 $1.49 45d 1 0.49mi
11555 Persimmon St Willis, TX 3.0 2.0 1000 $1,495 $1.50 45d 1 0.50mi
9745 Black Gum Willis, TX 3.0 2.0 1000 $1,300 $1.30 45d 1 0.54mi
9743 Black Gum Willis, TX 3.0 2.0 1000 $1,350 $1.35 4d 1 0.55mi

Listing history 28 events

  1. 2026-06-21
    days on market $124,900 Active 317 DOM
  2. 2026-06-18
    days on market $124,900 Active 314 DOM
  3. 2026-06-17
    days on market $124,900 Active 313 DOM
  4. 2026-06-16
    days on market $124,900 Active 312 DOM
  5. 2026-06-15
    days on market $124,900 Active 311 DOM
  6. 2026-06-13
    days on market $124,900 Active 309 DOM
  7. 2026-06-09
    days on market $124,900 Active 305 DOM
  8. 2026-06-08
    days on market $124,900 Active 304 DOM
  9. 2026-06-07
    days on market $124,900 Active 303 DOM
  10. 2026-06-04
    days on market $124,900 Active 300 DOM
  11. 2026-06-03
    days on market $124,900 Active 299 DOM
  12. 2026-06-02
    days on market $124,900 Active 298 DOM
  13. 2026-06-01
    days on market $124,900 Active 297 DOM
  14. 2026-05-31
    days on market $124,900 Active 296 DOM
  15. 2025-12-04
    price $124,900 437-char remark
    Show marketing remark (437 chars)

    Discover the state-of-the-art amenities and affordable lifestyle at Rockrose Ranch - a community nestled between Lake Conroe and the greater Houston area. Floor-to-ceiling windows and a vaulted ceiling fill this charming 980 SQ. FT. 2 bed 2 bath home with light. A blend of style & comfort revel in an open-concept space. Cook in a kitchen flaunting a U-shaped island, granite-esque countertops, all appliances and blinds included.

  16. 2025-11-13
    status Active 437-char remark
    Show marketing remark (437 chars)

    Discover the state-of-the-art amenities and affordable lifestyle at Rockrose Ranch - a community nestled between Lake Conroe and the greater Houston area. Floor-to-ceiling windows and a vaulted ceiling fill this charming 980 SQ. FT. 2 bed 2 bath home with light. A blend of style & comfort revel in an open-concept space. Cook in a kitchen flaunting a U-shaped island, granite-esque countertops, all appliances and blinds included.

  17. 2025-11-13
    historical 437-char remark
    Show marketing remark (437 chars)

    Discover the state-of-the-art amenities and affordable lifestyle at Rockrose Ranch - a community nestled between Lake Conroe and the greater Houston area. Floor-to-ceiling windows and a vaulted ceiling fill this charming 980 SQ. FT. 2 bed 2 bath home with light. A blend of style & comfort revel in an open-concept space. Cook in a kitchen flaunting a U-shaped island, granite-esque countertops, all appliances and blinds included.

  18. 2025-10-15
    status Active 437-char remark
    Show marketing remark (437 chars)

    Discover the state-of-the-art amenities and affordable lifestyle at Rockrose Ranch - a community nestled between Lake Conroe and the greater Houston area. Floor-to-ceiling windows and a vaulted ceiling fill this charming 980 SQ. FT. 2 bed 2 bath home with light. A blend of style & comfort revel in an open-concept space. Cook in a kitchen flaunting a U-shaped island, granite-esque countertops, all appliances and blinds included.

  19. 2025-10-14
    historical 437-char remark
    Show marketing remark (437 chars)

    Discover the state-of-the-art amenities and affordable lifestyle at Rockrose Ranch - a community nestled between Lake Conroe and the greater Houston area. Floor-to-ceiling windows and a vaulted ceiling fill this charming 980 SQ. FT. 2 bed 2 bath home with light. A blend of style & comfort revel in an open-concept space. Cook in a kitchen flaunting a U-shaped island, granite-esque countertops, all appliances and blinds included.

  20. 2025-09-26
    status Active 437-char remark
    Show marketing remark (437 chars)

    Discover the state-of-the-art amenities and affordable lifestyle at Rockrose Ranch - a community nestled between Lake Conroe and the greater Houston area. Floor-to-ceiling windows and a vaulted ceiling fill this charming 980 SQ. FT. 2 bed 2 bath home with light. A blend of style & comfort revel in an open-concept space. Cook in a kitchen flaunting a U-shaped island, granite-esque countertops, all appliances and blinds included.

  21. 2025-09-26
    historical 437-char remark
    Show marketing remark (437 chars)

    Discover the state-of-the-art amenities and affordable lifestyle at Rockrose Ranch - a community nestled between Lake Conroe and the greater Houston area. Floor-to-ceiling windows and a vaulted ceiling fill this charming 980 SQ. FT. 2 bed 2 bath home with light. A blend of style & comfort revel in an open-concept space. Cook in a kitchen flaunting a U-shaped island, granite-esque countertops, all appliances and blinds included.

  22. 2025-09-16
    status Active 437-char remark
    Show marketing remark (437 chars)

    Discover the state-of-the-art amenities and affordable lifestyle at Rockrose Ranch - a community nestled between Lake Conroe and the greater Houston area. Floor-to-ceiling windows and a vaulted ceiling fill this charming 980 SQ. FT. 2 bed 2 bath home with light. A blend of style & comfort revel in an open-concept space. Cook in a kitchen flaunting a U-shaped island, granite-esque countertops, all appliances and blinds included.

  23. 2025-09-16
    historical 437-char remark
    Show marketing remark (437 chars)

    Discover the state-of-the-art amenities and affordable lifestyle at Rockrose Ranch - a community nestled between Lake Conroe and the greater Houston area. Floor-to-ceiling windows and a vaulted ceiling fill this charming 980 SQ. FT. 2 bed 2 bath home with light. A blend of style & comfort revel in an open-concept space. Cook in a kitchen flaunting a U-shaped island, granite-esque countertops, all appliances and blinds included.

  24. 2025-09-14
    status Active 437-char remark
    Show marketing remark (437 chars)

    Discover the state-of-the-art amenities and affordable lifestyle at Rockrose Ranch - a community nestled between Lake Conroe and the greater Houston area. Floor-to-ceiling windows and a vaulted ceiling fill this charming 980 SQ. FT. 2 bed 2 bath home with light. A blend of style & comfort revel in an open-concept space. Cook in a kitchen flaunting a U-shaped island, granite-esque countertops, all appliances and blinds included.

  25. 2025-09-14
    historical 437-char remark
    Show marketing remark (437 chars)

    Discover the state-of-the-art amenities and affordable lifestyle at Rockrose Ranch - a community nestled between Lake Conroe and the greater Houston area. Floor-to-ceiling windows and a vaulted ceiling fill this charming 980 SQ. FT. 2 bed 2 bath home with light. A blend of style & comfort revel in an open-concept space. Cook in a kitchen flaunting a U-shaped island, granite-esque countertops, all appliances and blinds included.

  26. 2025-08-22
    status Active 437-char remark
    Show marketing remark (437 chars)

    Discover the state-of-the-art amenities and affordable lifestyle at Rockrose Ranch - a community nestled between Lake Conroe and the greater Houston area. Floor-to-ceiling windows and a vaulted ceiling fill this charming 980 SQ. FT. 2 bed 2 bath home with light. A blend of style & comfort revel in an open-concept space. Cook in a kitchen flaunting a U-shaped island, granite-esque countertops, all appliances and blinds included.

  27. 2025-08-22
    historical 437-char remark
    Show marketing remark (437 chars)

    Discover the state-of-the-art amenities and affordable lifestyle at Rockrose Ranch - a community nestled between Lake Conroe and the greater Houston area. Floor-to-ceiling windows and a vaulted ceiling fill this charming 980 SQ. FT. 2 bed 2 bath home with light. A blend of style & comfort revel in an open-concept space. Cook in a kitchen flaunting a U-shaped island, granite-esque countertops, all appliances and blinds included.

  28. 2025-08-07
    listed $139,900 Active 437-char remark
    Show marketing remark (437 chars)

    Discover the state-of-the-art amenities and affordable lifestyle at Rockrose Ranch - a community nestled between Lake Conroe and the greater Houston area. Floor-to-ceiling windows and a vaulted ceiling fill this charming 980 SQ. FT. 2 bed 2 bath home with light. A blend of style & comfort revel in an open-concept space. Cook in a kitchen flaunting a U-shaped island, granite-esque countertops, all appliances and blinds included.

ⓘ 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

Loading nearby amenities…

Taxation est. · year 1

Rental income
$18,460
− Mortgage interest
−$6,996
− Property taxes
−$1,874
− Insurance
−$624
− Repairs & maintenance
−$1,477
− Management
−$1,477
− Depreciation
−$3,633
Taxable income
$2,379
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$571
After-tax cash flow
$3,655/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 · 12 photos

Good 80/100 None rehab

This move-in-ready manufactured home at Rockrose Ranch offers a modern open-concept floor plan with updated appliances and fixtures, making it an attractive option for both resale and rental.

Value-add opportunities

  • Both Paint interior walls — Fresh paint enhances curb appeal and interior aesthetics
  • Both Replace ceiling fans with energy-efficient models — Energy-efficient fans reduce energy costs and improve comfort
  • Both Install smart home devices — Smart home devices increase convenience and property value

Renovation cost estimate screening

Value-add ROI direction

  • Both Paint interior walls — Fresh paint enhances curb appeal and interior aesthetics
  • Both Replace ceiling fans with energy-efficient models — Energy-efficient fans reduce energy costs and improve comfort
  • Both Install smart home devices — Smart home devices increase convenience and property 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
Willis ISD
NCES district ID
4845900
Math proficiency
33% ▼ -15.00%
Reading proficiency
40% ▼ -2.00%
Median HH income
$57,828
Composite
32.32/100
National rank
#5746
State rank
#458 of 826 in TX

Livability — Willis

Score
62/100
State rank
#933
US rank
#16579

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

County
Montgomery County · 663,713 people
City population
38,421
Metro
Houston-The Woodlands-Sugar Land, TX
Population (ZIP)
20,792
Household income
$92,415
Rent vs Own
19.3% rent · 80.7% own
Severe rent burden
279.0

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 (72%)
Race & ethnicity
White 72% Hispanic / Latino 17% Two or more races 14% Black 3%
Hispanic origin (detail)
Mexican 12%
Common ancestry
Lithuanian 4% Slovak 2% Serbian 2%
Foreign-born
6% · Canada, Jamaica
Languages at home
88% English-only · Spanish 10%

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
▼ -114.58%
Current HPI
236.256
Rent YoY
▼ -2.09%
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

-10.7% since first listed
14 events — show timeline
  • 2025-12-04 Price Changed $124,900 Zillow
  • 2025-11-13 Relisted Zillow
  • 2025-11-13 Delisted Zillow
  • 2025-10-15 Relisted Zillow
  • 2025-10-14 Delisted Zillow
  • 2025-09-26 Relisted Zillow
  • 2025-09-26 Delisted Zillow
  • 2025-09-16 Relisted Zillow
  • 2025-09-16 Delisted Zillow
  • 2025-09-14 Relisted Zillow
  • 2025-09-14 Delisted Zillow
  • 2025-08-22 Relisted Zillow
  • 2025-08-22 Delisted Zillow
  • 2025-08-07 Listed $139,900 Zillow

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…