201 Pine Rd · Big Spring, TX 79720

$145,000

3 bd · 2.0 ba · 1,344 sqft · Manufactured public records · 149 Days on market

Built 1997 0.57 ac lot

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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 +26.5/30.0
• DSCR +9.0/10.0
• ARV discount +7.5/15.0
• 1% rule +6.8/10.0
• Livability +3.1/5.0
• Rent growth +2.5/5.0
• Schools +2.5/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Investor & Handyman Special – AS-IS Sale Opportunity awaits at 201 Pine Road, Big Spring, TX. This 3 bedroom, 2 bathroom double-wide offers approximately 1,125 square feet and sits on a spacious lot with multiple outbuildings and covered parking—perfect for those who can see the potential beyond the current condition. The property includes a 2-car carport, an additional approximately 40x60 metal carport with concrete pad, a 10x12 metal storage building with roll-up door, and an additional 8x10 storage building. The lot is partially fenced, though fencing will require repairs. A single-wide trailer was previously pulled under the larger carport; condition is unknown and removal will be at buyer’s expense. This property is being sold AS IS and will require cleanup, repairs, and vision. Ideal for investors, flippers, or buyers looking for a project with upside. Cash or renovation financing recommended. Bring your tools, imagination, and plans—this is a true fixer-upper with potential.

Key facts

• 2-car carport
• Covered parking
• Spacious lot

Tags

• SPACIOUS LOT
• MULTIPLE OUTBUILDINGS
• COVERED PARKING
• 2-CAR CARPORT
• 40X60 METAL CARPORT
• 10X12 METAL STORAGE BUILDING

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $145k.

Deal economics

• At list price, monthly cash flow is $384 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $145k).
• Recommended offer: $128k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 62/100 on livability (#948 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: employment C-, schools F, crime F.
• Coahoma ISD (rural): math 25% / reading 32% proficiency, ranked #649 of 826 in TX (top 79%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: 266 active listings in the ZIP; 69 units permitted in Howard County in 2024 (5 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 $4k of value loss. Plan a longer hold.
• Howard County population projected at +42% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $41k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 149 days — a 12% lower offer ($128k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: severe wildfire risk; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $127,600 (12.0% below list)

Questions for the listing agent

1. It's been on market 149 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 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 F 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: 1.18% ✓
• Cap rate: 9.47%
• Cash-on-cash: 11.35%
• DSCR: 1.50
• GRM: 7.1

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: 0.6%
• Equity multiple: 1.02×
• Total profit: $953
• Equity at exit: $21,620

10-year hold

• IRR: 10.3%
• Equity multiple: 1.80×
• Total profit: $32,319
• Equity at exit: $12,537

Cash invested: $40,600 (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 79720

• Active inventory: 266
• Price-to-rent: 7.1×

Monthly cashflow live

• Estimated rent: $1,706 medium
• Mortgage (P&I): −$760
• Tax from tax record: −$143 /mo · $1,714/yr
• Insurance: −$60
• HOA: −$0
• Vacancy / Maint / Mgmt: −$358
• Net cashflow: $384

Break-even live

Break-even rent $1,220

Max offer price $145,000

Occupancy floor 72%

Sensitivity live

Price	-10% $466	-5% $425	+0% $384	+5% $343	+10% $302
Rent	-10% $249	-5% $316	+0% $384	+5% $451	+10% $519
Rate	-1.0pp $457	-0.5pp $421	base $384	+0.5pp $346	+1.0pp $308

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: $36,250
• Closing costs: $4,350
• Reserves months: —
• Total cash needed: —

Listing history 17 events

1. 2026-06-17
   days on market $145,000 Active 149 DOM
2. 2026-06-16
   days on market $145,000 Active 148 DOM
3. 2026-06-15
   days on market $145,000 Active 147 DOM
4. 2026-06-14
   days on market $145,000 Active 145 DOM
5. 2026-06-12
   days on market $145,000 Active 144 DOM
6. 2026-06-09
   days on market $145,000 Active 141 DOM
7. 2026-06-08
   days on market $145,000 Active 140 DOM
8. 2026-06-07
   days on market $145,000 Active 139 DOM
9. 2026-06-05
   days on market $145,000 Active 136 DOM
10. 2026-06-03
    days on market $145,000 Active 135 DOM
11. 2026-06-02
    days on market $145,000 Active 134 DOM
12. 2026-06-01
    days on market $145,000 Active 133 DOM
13. 2026-05-31
    days on market $145,000 Active 132 DOM
14. 2026-05-30
    days on market $145,000 Active 131 DOM
15. 2026-01-19
    listed $145,000 Active 1037-char remark

    Show marketing remark (1037 chars)

    Investor & Handyman Special – AS-IS Sale Opportunity awaits at 201 Pine Road, Big Spring, TX. This 3 bedroom, 2 bathroom double-wide offers approximately 1,125 square feet and sits on a spacious lot with multiple outbuildings and covered parking—perfect for those who can see the potential beyond the current condition. The property includes a 2-car carport, an additional approximately 40x60 metal carport with concrete pad, a 10x12 metal storage building with roll-up door, and an additional 8x10 storage building. The lot is partially fenced, though fencing will require repairs. A single-wide trailer was previously pulled under the larger carport; condition is unknown and removal will be at buyer’s expense. This property is being sold AS IS and will require cleanup, repairs, and vision. Ideal for investors, flippers, or buyers looking for a project with upside. Cash or renovation financing recommended. Bring your tools, imagination, and plans—this is a true fixer-upper with potential.

16. 2025-10-20
    soldstatus
17. 2022-06-09
    soldstatus

ⓘ 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: $1,714 · $143/mo
• Projected year-2 tax: $2,654 · $221/mo
• Expected delta: +$940/yr (+$78/mo · 54.8%)

ⓘ 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 10/10 Extreme
• 🌡 Heat 7/10 Severe 7 d/yr ≥102°F today · 21 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 4% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,468
• − Mortgage interest: −$8,122
• − Property taxes: −$1,714
• − Insurance: −$725
• − Repairs & maintenance: −$1,637
• − Management: −$1,637
• − Depreciation: −$4,218
• Taxable income: $2,414
• Est. tax owed @ 24.0%: −$579
• After-tax cash flow: $4,027/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: Coahoma ISD
• NCES district ID: 4814490
• Math proficiency: 25% ▼ -11.00%
• Reading proficiency: 32% ▼ -7.00%
• Median HH income: $49,651
• Composite: 24.9/100
• National rank: #7579
• State rank: #649 of 826 in TX

Livability — Big Spring

• Score: 62/100
• State rank: #948
• US rank: #16886

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Howard County · 29,936 people
• City population: 29,936
• Metro: Big Spring, TX
• Population (ZIP): 29,936
• Household income: $68,785
• Rent vs Own: 30.8% rent · 69.2% own
• Severe rent burden: 638.0

Population outlook (Howard County) Hauer SSP2

• Today (2025): 43,396 people
• By 2030: 46,792 · +7.8%
• By 2040: 54,096 · +24.7%
• By 2050: 61,707 · +42.2%
• By 2075: 79,809 · +83.9%
• By 2100: 87,385 · +101.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.59)
• Race & ethnicity: Hispanic / Latino 45% White 45% Two or more races 17% Black 5% Asian 1%
• Hispanic origin (detail): Mexican 37%
• Common ancestry: Slovak 1% Italian 1% Lithuanian 1%
• Foreign-born: 10% · Canada
• Languages at home: 71% English-only · Spanish 28%

Political lean MEDSL · Howard

• 2024 margin: Solid R (+62.8) · D 18.2% · R 81.1%
• 2008→2024 swing: -16.6pp toward R · 2008: -46.3pp · 2024: -62.8pp
• All cycles: 2024: R+62.8 2020: R+58.4 2016: R+56.0 2012: R+58.2 2008: R+46.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -207.13%
• Current HPI: 140.8159
• Rent YoY: —
• Metro: Big Spring, 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

3 events — show timeline

• 2026-01-19 Listed $145,000 NTREIS
• 2025-10-20 Sold (Public Records) — Public Records
• 2022-06-09 Sold (Public Records) — Public Records

Property tax history

+12.2%/yr

Latest (2025): $1,714 · +20.2% YoY. Source: county tax records.