326 Jasper St #20 · Bacliff, TX 77518

$54,000

3 bd · 2.0 ba · 1,152 sqft · Manufactured public records · 51 Days on market

Built 2019 Good condition $47/sqft · 65% below area ↓ 2% since listing

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Why this score? — see what drove the B 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Schools +4.6/10.0
• Condition / age +3.8/5.0
• Livability +2.9/5.0
• Rent growth +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Located 3 minutes from Kemah boardwalk!! Nice 3-bedroom, 2-bath mobile home for sale! This well-maintained home offers a spacious layout and comfortable living areas. Home is currently located on a rented lot which includes water, sewage, trash, and lawn services. Mobile home may also be moved to another location if desired. Cash or chattel loan accepted. Motivated seller — bring your offers! Contact agent today for more information or to schedule a showing. Buyer is to verify all information.

Key facts

• Built 2019
• Listed 51 days

Property features AI

Finance

• Other: Seller disclosure available
• HOA & community: Homeowners association with monthly fee; HOA covers grounds maintenance

Exterior

• Utilities: Public water; Public sewer
• Home design: Residential property; Built in 2019; Single-story (entry level not specified); Slab foundation; Composition roof
• Construction: Built in 2019; Slab foundation; Composition roof
• Exterior features: Other lot features

Interior

• Bedrooms: 3 bedrooms possible
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning (electric)
• Interior features: Total of 3 rooms

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $54k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $1k ($15k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $54k).
• Recommended offer: $52k (3.0% below list) — sets the bar for market timing.
• Cap rate 35.3% vs local median 5.1% in Bacliff — 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 57/100 on livability (#1,252 in TX) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: employment D+, crime D, amenities F.
• Clear Creek ISD (suburban): math 48% / reading 54% proficiency, ranked #114 of 826 in TX (top 14%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Lavace Stewart El (math 34% / reading 44%, grade F, #1,651 of 4,322 statewide, top 39%, 740 students, 67% FRL); Bayside Int (math 40% / reading 49%, grade D, #491 of 1,662 statewide, top 31%, 1,001 students, 30% FRL); Clear Creek H S (math 51% / reading 54%, grade C-, #444 of 1,632 statewide, top 27%, 2,400 students, 0% FRL).
• Market conditions: 62 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 3,258 units permitted in Galveston County in 2024 (0 in 5+ unit buildings).
• At $2,100/mo this rent would consume 49% of the median local household income ($51k/yr) (locally 672% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $373 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Galveston County population projected at +43% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $15k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 51 days — a 3% lower offer ($52k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo.
• Climate carrying-cost: major flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→26/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $52,380 (3.0% below list)

Questions for the listing agent

1. It's been on market 51 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
6. 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.
7. 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.
8. 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: 3.89% ✓
• Cap rate: 35.30%
• Cash-on-cash: 103.59%
• DSCR: 5.61
• GRM: 2.1

CMA / ARV

• ARV (median comp): $155,543
• List price: $54,000
• Delta: -65.28%
• Verdict: UNDERPRICED
• Comps: 2 within 2.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: 99.4%
• Equity multiple: 5.64×
• Total profit: $70,210
• Equity at exit: $8,052

10-year hold

• IRR: —
• Equity multiple: 11.78×
• Total profit: $162,979
• Equity at exit: $4,669

Cash invested: $15,120 (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.

Methodology + full state rankings →

ZIP-level market 77518

• Home prices YoY: -7.6%
• Active inventory: 62
• Price-to-rent: 2.1×

Monthly cashflow live

• Estimated rent: $2,100 medium
• Mortgage (P&I): −$283
• Tax from tax record: −$48 /mo · $581/yr
• Insurance: −$22
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$441
• Net cashflow: $1,239

Break-even live

Break-even rent $532

Max offer price $54,000

Occupancy floor 36%

Sensitivity live

Price	-10% $1,269	-5% $1,254	+0% $1,239	+5% $1,224	+10% $1,208
Rent	-10% $1,073	-5% $1,156	+0% $1,239	+5% $1,322	+10% $1,405
Rate	-1.0pp $1,266	-0.5pp $1,253	base $1,239	+0.5pp $1,225	+1.0pp $1,211

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: $13,500
• Closing costs: $1,620
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2922 Michael St Bacliff, TX	3.0	2.0	1325	$1,900	$1.43	45d	1	0.24mi
320 Louisiana Ave Bacliff, TX	2.0	1.0	786	$2,150	$2.74	0d	1	0.78mi

Listing history 16 events

1. 2026-06-21
   days on market $54,000 Active 51 DOM
2. 2026-06-18
   days on market $54,000 Active 48 DOM
3. 2026-06-17
   days on market $54,000 Active 47 DOM
4. 2026-06-16
   days on market $54,000 Active 46 DOM
5. 2026-06-15
   days on market $54,000 Active 45 DOM
6. 2026-06-13
   days on market $54,000 Active 43 DOM
7. 2026-06-13
   days on market $54,000 Active 42 DOM
8. 2026-06-09
   days on market $54,000 Active 39 DOM
9. 2026-06-08
   days on market $54,000 Active 38 DOM
10. 2026-06-07
    days on market $54,000 Active 37 DOM
11. 2026-06-04
    days on market $54,000 Active 34 DOM
12. 2026-06-03
    days on market $54,000 Active 33 DOM
13. 2026-06-02
    pricedays on market $54,000 Active 32 DOM
14. 2026-06-01
    days on market $55,000 Active 31 DOM
15. 2026-05-31
    days on market $55,000 Active 30 DOM
16. 2026-04-30
    listed $55,000 Active 504-char remark

ⓘ 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: $581 · $48/mo
• Projected year-2 tax: $988 · $82/mo
• Expected delta: +$408/yr (+$34/mo · 70.2%)

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

Climate risk First Street

• 🌊 Flood 7/10 Severe FEMA zone X (shaded) · 74% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥109°F today · 26 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,205
• − Mortgage interest: −$3,025
• − Property taxes: −$581
• − Insurance: −$1,068
• − Repairs & maintenance: −$2,016
• − Management: −$2,016
• − Depreciation: −$1,571
• Taxable income: $14,928
• Est. tax owed @ 24.0%: −$3,583
• After-tax cash flow: $11,283/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 75/100 Cosmetic rehab

This well-maintained mobile home is in good condition with modern updates and a good curb appeal. Quick improvements can further enhance its value for resale or rental.

Value-add opportunities

• Resale Paint exterior shutters — Enhances curb appeal and can be a quick, low-cost improvement.
• Both Replace worn flooring — Improves aesthetics and can increase both resale and rental value.
• Resale Update kitchen appliances — Modern appliances can attract more buyers and renters.
• Both Install smart home features — Enhances convenience and can attract tech-savvy buyers and renters.
• Both Landscaping improvements — Enhances curb appeal and can attract more buyers and renters.

Renovation cost estimate screening

Value-add ROI direction

• Resale Paint exterior shutters — Enhances curb appeal and can be a quick, low-cost improvement. ↑
• Both Replace worn flooring — Improves aesthetics and can increase both resale and rental value. ↑
• Resale Update kitchen appliances — Modern appliances can attract more buyers and renters. ↑
• Both Install smart home features — Enhances convenience and can attract tech-savvy buyers and renters. ↑
• Both Landscaping improvements — Enhances curb appeal and can attract more buyers and renters. ↑

ⓘ 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: Clear Creek ISD
• NCES district ID: 4814280
• Math proficiency: 48% ▼ -10.00%
• Reading proficiency: 54% ▼ -4.00%
• Median HH income: $80,240
• Composite: 46.49/100
• National rank: #2431
• State rank: #114 of 826 in TX

Livability — Bacliff

• Score: 57/100
• State rank: #1252
• US rank: #21864

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Bacliff, TX
• County: Galveston County · 357,330 people
• City population: 9,541
• Metro: Houston-The Woodlands-Sugar Land, TX
• Population (ZIP): 9,541
• Household income: $51,458
• Rent vs Own: 38.2% rent · 61.8% own
• Severe rent burden: 672.0

Population outlook (Galveston County) Hauer SSP2

• Today (2025): 390,640 people
• By 2030: 425,226 · +8.9%
• By 2040: 493,765 · +26.4%
• By 2050: 559,698 · +43.3%
• By 2075: 719,260 · +84.1%
• By 2100: 819,628 · +109.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.60)
• Race & ethnicity: Hispanic / Latino 46% White 43% Two or more races 21% Black 7% Asian 2% Native American 1%
• Hispanic origin (detail): Mexican 31%
• Common ancestry: Slovak 3% Lithuanian 2% Romanian 1%
• Foreign-born: 15% · Canada, Vietnam, China
• Languages at home: 66% English-only · Spanish 32% Vietnamese 1%

Political lean MEDSL · Galveston

• 2024 margin: Strong R (+27.4) · D 35.7% · R 63.1% · Other 1.2%
• 2008→2024 swing: -7.9pp toward R · 2008: -19.5pp · 2024: -27.4pp
• All cycles: 2024: R+27.4 2020: R+22.6 2016: R+22.6 2012: R+26.9 2008: R+19.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -24.15%
• Current HPI: 293.2677
• Rent YoY: —
• 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
▸Energy	16	$1,198B
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

-1.8% since first listed

2 events — show timeline

• 2026-06-01 Price Changed $54,000 HARMLS
• 2026-04-30 Listed $55,000 HARMLS

Property tax history

-0.9%/yr

Latest (2025): $581 · +9.2% YoY. Source: county tax records.