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105 Red Angus Court Plan
B+ Composite 77.06
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
  • ARV discount +15.0/15.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Condition / age +3.8/5.0
  • Schools +3.2/10.0
  • Livability +3.1/5.0
  • Rent growth +2.0/5.0
  • Appreciation +0.0/10.0

$94,900

105 Red Angus Court Plan · Willis, TX 77318
3 bd · 2.0 ba · 1,216 sqft · Manufactured · 325 Days on market
Good condition $78/sqft · 21% below area Est $120k · 21% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Come see this 3 bed 2 bath- 1153 sq ft. family retreat in a beautifully designed home featuring an inviting open concept layout that connects living, dining, and kitchen areas. With modern finishes and ample natural light. This space is perfect for both entertaining and everyday living. Located in a tranquil community that offers exclusive access to a resort-style pool and limited amenities. * * Please note that these photos are of a similar home. Colors and options may vary * *

Key facts

  • Listed 324 days

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 manufactured listed at $95k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $720 ($9k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $95k).
  • Recommended offer: $84k (12.0% below list) — sets the bar for market timing.
  • Cap rate 15.4% 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); 1189 active listings in the ZIP; 8 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 75% 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 $656 of loan paydown is wiped out by about $3k 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.
  • At projected returns (-3.0% appreciation + 0.0% rent growth), your $27k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 325 days — a 12% lower offer ($84k) is reasonable based on typical stale-listing flexibility.
  • 6 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

  • Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $83,512 (12.0% below list)

Questions for the listing agent

  1. It's been on market 325 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
1.83%
Cap rate
15.39%
Cash-on-cash
32.50%
DSCR
2.45
GRM
4.5

CMA / ARV

ARV (median comp)
$120,000
List price
$94,900
Delta
-20.92%
Verdict
UNDERPRICED
Comps
5 within 1.0 mi
Show comp detail 2 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
11614 Vistawood St 0.63mi 3/2.0 1,216 (0%) 3mo $139,900 $115 68
9871 Arbor Oak 0.67mi 3/2.0 1,216 (0%) 2mo $70,000 $58 67

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

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

5-year hold
IRR
24.1%
Equity multiple
1.96×
Total profit
$25,385
Equity at exit
$14,150
10-year hold
IRR
30.0%
Equity multiple
3.32×
Total profit
$61,516
Equity at exit
$8,205

Cash invested: $26,572 (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
1189
Price-to-rent
4.5×

Monthly cashflow live

Estimated rent
$1,741 high interval (Pro) →
Mortgage (P&I)
$498
Tax est. 1.5%
$119 /mo · $1,424/yr
Insurance
$40
HOA
$0
Vacancy / Maint / Mgmt
$366
Net cashflow
$720

Break-even live

Break-even rent $830
Max offer price $94,900
Occupancy floor 54%

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
$23,725
Closing costs
$2,847
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 8 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
9992 Calendar St Willis, TX 2.0 1.0 800 $1,200 $1.50 43d 1 0.45mi
11561 Persimmon St Willis, TX 3.0 2.0 1000 $1,530 $1.53 43d 1 0.49mi
11559 Persimmon St Willis, TX 3.0 2.0 1000 $1,490 $1.49 43d 1 0.49mi
11555 Persimmon St Willis, TX 3.0 2.0 1000 $1,495 $1.50 43d 1 0.50mi
9745 Black Gum Willis, TX 3.0 2.0 1000 $1,300 $1.30 43d 1 0.54mi
9743 Black Gum Willis, TX 3.0 2.0 1000 $1,350 $1.35 3d 1 0.55mi
14190 Green Wing Cir Willis, TX 3.0 2.0 1402 $1,795 $1.28 4d 1 1.22mi
14214 Green Wing Cir Willis, TX 3.0 2.0 1200 $1,950 $1.62 43d 1 1.25mi

Listing history 24 events

  1. 2026-06-18
    days on market $94,900 Active 325 DOM
  2. 2026-06-17
    days on market $94,900 Active 324 DOM
  3. 2026-06-16
    days on market $94,900 Active 323 DOM
  4. 2026-06-15
    days on market $94,900 Active 322 DOM
  5. 2026-06-13
    days on market $94,900 Active 320 DOM
  6. 2026-06-09
    days on market $94,900 Active 316 DOM
  7. 2026-06-08
    days on market $94,900 Active 315 DOM
  8. 2026-06-07
    days on market $94,900 Active 314 DOM
  9. 2026-06-04
    days on market $94,900 Active 311 DOM
  10. 2026-06-03
    days on market $94,900 Active 310 DOM
  11. 2026-06-02
    days on market $94,900 Active 309 DOM
  12. 2026-06-01
    days on market $94,900 Active 308 DOM
  13. 2026-05-31
    days on market $94,900 Active 307 DOM
  14. 2025-10-15
    status Active 486-char remark
    Show marketing remark (486 chars)

    Come see this 3 bed 2 bath- 1153 sq ft. family retreat in a beautifully designed home featuring an inviting open concept layout that connects living, dining, and kitchen areas. With modern finishes and ample natural light. This space is perfect for both entertaining and everyday living. Located in a tranquil community that offers exclusive access to a resort-style pool and limited amenities. * * Please note that these photos are of a similar home. Colors and options may vary * *

  15. 2025-10-14
    historical 486-char remark
    Show marketing remark (486 chars)

    Come see this 3 bed 2 bath- 1153 sq ft. family retreat in a beautifully designed home featuring an inviting open concept layout that connects living, dining, and kitchen areas. With modern finishes and ample natural light. This space is perfect for both entertaining and everyday living. Located in a tranquil community that offers exclusive access to a resort-style pool and limited amenities. * * Please note that these photos are of a similar home. Colors and options may vary * *

  16. 2025-09-26
    status Active 486-char remark
    Show marketing remark (486 chars)

    Come see this 3 bed 2 bath- 1153 sq ft. family retreat in a beautifully designed home featuring an inviting open concept layout that connects living, dining, and kitchen areas. With modern finishes and ample natural light. This space is perfect for both entertaining and everyday living. Located in a tranquil community that offers exclusive access to a resort-style pool and limited amenities. * * Please note that these photos are of a similar home. Colors and options may vary * *

  17. 2025-09-26
    historical 486-char remark
    Show marketing remark (486 chars)

    Come see this 3 bed 2 bath- 1153 sq ft. family retreat in a beautifully designed home featuring an inviting open concept layout that connects living, dining, and kitchen areas. With modern finishes and ample natural light. This space is perfect for both entertaining and everyday living. Located in a tranquil community that offers exclusive access to a resort-style pool and limited amenities. * * Please note that these photos are of a similar home. Colors and options may vary * *

  18. 2025-09-16
    status Active 486-char remark
    Show marketing remark (486 chars)

    Come see this 3 bed 2 bath- 1153 sq ft. family retreat in a beautifully designed home featuring an inviting open concept layout that connects living, dining, and kitchen areas. With modern finishes and ample natural light. This space is perfect for both entertaining and everyday living. Located in a tranquil community that offers exclusive access to a resort-style pool and limited amenities. * * Please note that these photos are of a similar home. Colors and options may vary * *

  19. 2025-09-16
    historical 486-char remark
    Show marketing remark (486 chars)

    Come see this 3 bed 2 bath- 1153 sq ft. family retreat in a beautifully designed home featuring an inviting open concept layout that connects living, dining, and kitchen areas. With modern finishes and ample natural light. This space is perfect for both entertaining and everyday living. Located in a tranquil community that offers exclusive access to a resort-style pool and limited amenities. * * Please note that these photos are of a similar home. Colors and options may vary * *

  20. 2025-09-14
    status Active 486-char remark
    Show marketing remark (486 chars)

    Come see this 3 bed 2 bath- 1153 sq ft. family retreat in a beautifully designed home featuring an inviting open concept layout that connects living, dining, and kitchen areas. With modern finishes and ample natural light. This space is perfect for both entertaining and everyday living. Located in a tranquil community that offers exclusive access to a resort-style pool and limited amenities. * * Please note that these photos are of a similar home. Colors and options may vary * *

  21. 2025-09-14
    historical 486-char remark
    Show marketing remark (486 chars)

    Come see this 3 bed 2 bath- 1153 sq ft. family retreat in a beautifully designed home featuring an inviting open concept layout that connects living, dining, and kitchen areas. With modern finishes and ample natural light. This space is perfect for both entertaining and everyday living. Located in a tranquil community that offers exclusive access to a resort-style pool and limited amenities. * * Please note that these photos are of a similar home. Colors and options may vary * *

  22. 2025-08-22
    status Active 486-char remark
    Show marketing remark (486 chars)

    Come see this 3 bed 2 bath- 1153 sq ft. family retreat in a beautifully designed home featuring an inviting open concept layout that connects living, dining, and kitchen areas. With modern finishes and ample natural light. This space is perfect for both entertaining and everyday living. Located in a tranquil community that offers exclusive access to a resort-style pool and limited amenities. * * Please note that these photos are of a similar home. Colors and options may vary * *

  23. 2025-08-22
    historical 486-char remark
    Show marketing remark (486 chars)

    Come see this 3 bed 2 bath- 1153 sq ft. family retreat in a beautifully designed home featuring an inviting open concept layout that connects living, dining, and kitchen areas. With modern finishes and ample natural light. This space is perfect for both entertaining and everyday living. Located in a tranquil community that offers exclusive access to a resort-style pool and limited amenities. * * Please note that these photos are of a similar home. Colors and options may vary * *

  24. 2025-07-29
    listed $94,900 Active 486-char remark
    Show marketing remark (486 chars)

    Come see this 3 bed 2 bath- 1153 sq ft. family retreat in a beautifully designed home featuring an inviting open concept layout that connects living, dining, and kitchen areas. With modern finishes and ample natural light. This space is perfect for both entertaining and everyday living. Located in a tranquil community that offers exclusive access to a resort-style pool and limited amenities. * * Please note that these photos are of a similar home. Colors and options may vary * *

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 5/10 Major
  • 🌡 Heat 8/10 Severe 7 d/yr ≥111°F today · 25 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

Nearby sold comps map

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Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$20,894
− Mortgage interest
−$5,316
− Property taxes
−$1,424
− Insurance
−$474
− Repairs & maintenance
−$1,672
− Management
−$1,672
− Depreciation
−$2,761
Taxable income
$7,577
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,818
After-tax cash flow
$6,818/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 · 1 photo

Good 75/100 Cosmetic rehab

This 3-bedroom, 2-bath home in Willis, TX, is in good condition with a modern design and ample natural light. It offers a great opportunity for a cosmetic upgrade to enhance its resale and rental value.

Value-add opportunities

  • Both Paint touch-ups — Fresh paint enhances curb appeal and interior aesthetics.
  • Both Lighting upgrades — Modern lighting fixtures can improve the home's ambiance and value.
  • Both Landscaping enhancements — Aesthetic landscaping can significantly boost curb appeal and rental value.
  • Resale Kitchen backsplash — A backsplash can add a modern touch and protect the countertops.
  • Rental Bathroom updates — Fresh bathrooms can attract renters and improve rental value.

Renovation cost estimate screening

Value-add ROI direction

  • Both Paint touch-ups — Fresh paint enhances curb appeal and interior aesthetics.
  • Both Lighting upgrades — Modern lighting fixtures can improve the home's ambiance and value.
  • Both Landscaping enhancements — Aesthetic landscaping can significantly boost curb appeal and rental value.
  • Resale Kitchen backsplash — A backsplash can add a modern touch and protect the countertops.
  • Rental Bathroom updates — Fresh bathrooms can attract renters and improve rental 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

11 events — show timeline
  • 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
  • 2025-07-29 Listed $94,900 Zillow

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…