203 E Maple St · Liberal, MO 64762

$35,000

3 bd · 1.0 ba · 1,341 sqft · Other public records · 30 Days on market

Built 1910 0.40 ac lot

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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
• Appreciation +5.0/10.0
• Schools +3.2/10.0
• Livability +3.1/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

This home is the perfect handyman special with GREAT potential to be a wonderful home for a family & /or a profitable investment property. The original hardwood floors are in nice shape in the main living space located at the front of the home. You'll love the antique charm of the original wide wood trim found throughout and the ornate living room picture window, as well as the decorative antique doors found throughout. The generous kitchen has space for eat-in dining, or if needed, flow the dining space onto the bright sunroom space attached to the kitchen. A separate family room is found between two bedrooms, which would provide extra space for working from home, or simply to spread out. A non-functional jack & jill full bath is positioned as ensuite to the primary bedroom and the third bedroom has a private entry of it's own onto the sunroom. The back section of the home (bathroom & sunroom) needs the majority of the improvements. Bring your hammer & spend some sweat equity to make this home as beautiful as it once was again. The attached covered carport is convenient for parking, as well as extra parking space for additional vehicles. The property sits on a lush approximate 1/2 acre and has 2 small outbuildings located in the back yard. One outbuilding would be perfect for a chicken house or hobby tool shed as well as extra storage space. The large open yard would provide the perfect location for gardening, entertaining, or whatever your heart desires. The lot that attaches to this property (not part of this parcel) is on the corner and is empty, so it makes this property feel like it has an incredible open space in town. Located close to the school and downtown, this property offers multiple benefits to the new owner.

Key facts

• Wide wood trim
• Eat-in dining
• Bright sunroom

Tags

• ORIGINAL HARDWOOD FLOORS
• WIDE WOOD TRIM
• DECORATIVE ANTIQUE DOORS
• EAT-IN DINING
• BRIGHT SUNROOM
• SEPARATE FAMILY ROOM

Property features AI

Finance

• Other: 0.4 acre lot
• HOA & community: No association fees; No maintenance provided

Exterior

• Parking: Attached covered parking; Carport; Off-street parking
• Utilities: Public water; Public sewer; High-speed internet available
• Home design: Single-family residence (Residential); Bungalow floor plan; Fixer; Faces front garage
• Construction: Wood siding; Composition roof; Crawl space foundation; Over 100 years old
• Exterior features: Porch; Outbuilding and shed(s); Fixer condition; Located within city limits; Level lot; Paved public road access

Interior

• Kitchen: Refrigerator; Free-standing electric oven
• Bedrooms: 3 bedrooms
• Flooring: Vinyl; Wood
• Bathrooms: 1 full bathroom
• Heating & cooling: Wall furnace; No central cooling
• Interior features: Ceiling fan(s); Custom cabinets; Stained cabinets; Eat-in kitchen; Family room; Mud room; Sun room; Living room
• Laundry & utility: Laundry room with dryer hookup (electric)

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath other listed at $35k.

Deal economics

• At list price, monthly cash flow is $701 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $35k).
• Recommended offer: $34k (1.5% below list) — sets the bar for market timing.

Location & tenants

• Location reads 61/100 on livability (#453 in MO) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: crime C-, schools D-, amenities F.
• Liberal R-II (rural): math 31% / reading 40% proficiency, ranked #386 of 535 in MO (top 72%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 14 active listings in the ZIP; 6 units permitted in Barton County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $1k of equity ($242 loan paydown + $1k appreciation (3.0% local appreciation)).
• Barton County population projected at -21% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (3.0% appreciation + 3.0% rent growth), your $10k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 30 days — a 2% lower offer ($34k) is reasonable based on typical stale-listing flexibility.
• 2 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

• Watch-outs: built in 1910 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: moderate wildfire risk; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $34,475 (1.5% below list)

Questions for the listing agent

1. Built in 1910 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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.
5. 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.
6. 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: 3.30% ✓
• Cap rate: 30.34%
• Cash-on-cash: 85.87%
• DSCR: 4.82
• GRM: 2.5

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: 90.2%
• Equity multiple: 5.99×
• Total profit: $48,878
• Equity at exit: $15,738

10-year hold

• IRR: 89.7%
• Equity multiple: 12.37×
• Total profit: $111,411
• Equity at exit: $24,253

Cash invested: $9,800 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 81 Strongly Landlord-Friendly
• State Missouri: 81 Strongly Landlord-Friendly · R+10
• County: — inherits STATE
• City: — inherits STATE

Generally landlord-friendly; St Louis has some habitability requirements.

Methodology + full state rankings →

ZIP-level market 64762

• Active inventory: 14
• Price-to-rent: 2.5×

Monthly cashflow live

• Estimated rent: $1,155 medium
• Mortgage (P&I): −$184
• Tax from tax record: −$13 /mo · $160/yr
• Insurance: −$15
• HOA: −$0
• Vacancy / Maint / Mgmt: −$243
• Net cashflow: $701

Break-even live

Break-even rent $268

Max offer price $35,000

Occupancy floor 34%

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: $8,750
• Closing costs: $1,050
• Reserves months: —
• Total cash needed: —

Listing history 17 events

1. 2026-06-19
   days on market $35,000 Active 30 DOM
2. 2026-06-18
   days on market $35,000 Active 29 DOM
3. 2026-06-17
   days on market $35,000 Active 28 DOM
4. 2026-06-16
   days on market $35,000 Active 27 DOM
5. 2026-06-15
   days on market $35,000 Active 26 DOM
6. 2026-06-14
   days on market $35,000 Active 24 DOM
7. 2026-06-12
   days on market $35,000 Active 23 DOM
8. 2026-06-09
   days on market $35,000 Active 20 DOM
9. 2026-06-08
   days on market $35,000 Active 19 DOM
10. 2026-06-07
    days on market $35,000 Active 18 DOM
11. 2026-06-05
    days on market $35,000 Active 16 DOM
12. 2026-06-02
    days on market $35,000 Active 13 DOM
13. 2026-06-01
    days on market $35,000 Active 12 DOM
14. 2026-05-31
    days on market $35,000 Active 11 DOM
15. 2026-05-30
    days on market $35,000 Active 10 DOM
16. 2026-05-20
    listed $35,000 Active

    Show marketing remark (1775 chars)

    This home is the perfect handyman special with GREAT potential to be a wonderful home for a family & /or a profitable investment property. The original hardwood floors are in nice shape in the main living space located at the front of the home. You'll love the antique charm of the original wide wood trim found throughout and the ornate living room picture window, as well as the decorative antique doors found throughout. The generous kitchen has space for eat-in dining, or if needed, flow the dining space onto the bright sunroom space attached to the kitchen. A separate family room is found between two bedrooms, which would provide extra space for working from home, or simply to spread out. A non-functional jack & jill full bath is positioned as ensuite to the primary bedroom and the third bedroom has a private entry of it's own onto the sunroom. The back section of the home (bathroom & sunroom) needs the majority of the improvements. Bring your hammer & spend some sweat equity to make this home as beautiful as it once was again. The attached covered carport is convenient for parking, as well as extra parking space for additional vehicles. The property sits on a lush approximate 1/2 acre and has 2 small outbuildings located in the back yard. One outbuilding would be perfect for a chicken house or hobby tool shed as well as extra storage space. The large open yard would provide the perfect location for gardening, entertaining, or whatever your heart desires. The lot that attaches to this property (not part of this parcel) is on the corner and is empty, so it makes this property feel like it has an incredible open space in town. Located close to the school and downtown, this property offers multiple benefits to the new owner.

17. 2026-05-20
    listed $35,000 Active 1775-char remark

    Show marketing remark (1775 chars)

    This home is the perfect handyman special with GREAT potential to be a wonderful home for a family & /or a profitable investment property. The original hardwood floors are in nice shape in the main living space located at the front of the home. You'll love the antique charm of the original wide wood trim found throughout and the ornate living room picture window, as well as the decorative antique doors found throughout. The generous kitchen has space for eat-in dining, or if needed, flow the dining space onto the bright sunroom space attached to the kitchen. A separate family room is found between two bedrooms, which would provide extra space for working from home, or simply to spread out. A non-functional jack & jill full bath is positioned as ensuite to the primary bedroom and the third bedroom has a private entry of it's own onto the sunroom. The back section of the home (bathroom & sunroom) needs the majority of the improvements. Bring your hammer & spend some sweat equity to make this home as beautiful as it once was again. The attached covered carport is convenient for parking, as well as extra parking space for additional vehicles. The property sits on a lush approximate 1/2 acre and has 2 small outbuildings located in the back yard. One outbuilding would be perfect for a chicken house or hobby tool shed as well as extra storage space. The large open yard would provide the perfect location for gardening, entertaining, or whatever your heart desires. The lot that attaches to this property (not part of this parcel) is on the corner and is empty, so it makes this property feel like it has an incredible open space in town. Located close to the school and downtown, this property offers multiple benefits to the new owner.

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

Tax reassessment forecast MO · Resets to sale price

• Current annual tax: $160 · $13/mo
• Projected year-2 tax: $340 · $28/mo
• Expected delta: +$179/yr (+$15/mo · 111.8%)

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

Climate risk First Street

• 🌊 Flood 3/10 Moderate FEMA zone X (unshaded) · 20% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 5/10 Major 7 d/yr ≥107°F today · 19 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 2% 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: $13,864
• − Mortgage interest: −$1,961
• − Property taxes: −$160
• − Insurance: −$175
• − Repairs & maintenance: −$1,109
• − Management: −$1,109
• − Depreciation: −$1,018
• Taxable income: $8,332
• Est. tax owed @ 24.0%: −$2,000
• After-tax cash flow: $6,415/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: Liberal R-II
• NCES district ID: 2918510
• Math proficiency: 31% ▼ -1.00%
• Reading proficiency: 40% ▲ 1.00%
• Median HH income: $39,054
• Composite: 32.31/100
• National rank: #10912
• State rank: #386 of 535 in MO

Livability — Liberal

• Score: 61/100
• State rank: #453
• US rank: #18333

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Liberal, MO
• Population (ZIP): 1,453

Population outlook (Barton County) Hauer SSP2

• Today (2025): 10,977 people
• By 2030: 10,496 · -4.4%
• By 2040: 9,537 · -13.1%
• By 2050: 8,668 · -21.0%
• By 2075: 7,557 · -31.2%
• By 2100: 6,921 · -36.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (86%)
• Race & ethnicity: White 86% Two or more races 11% Hispanic / Latino 5% Native American 1%
• Hispanic origin (detail): Mexican 4%
• Common ancestry: Iranian 3% Italian 2% Slovak 2%
• Foreign-born: 0%

Political lean MEDSL · Barton

• 2024 margin: Solid R (+72.2) · D 13.6% · R 85.8%
• 2008→2024 swing: -22.4pp toward R · 2008: -49.8pp · 2024: -72.2pp
• All cycles: 2024: R+72.2 2020: R+71.2 2016: R+70.2 2012: R+55.4 2008: R+49.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: —
• Current HPI: —
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 1.84%
• F500 in state: 20

Industry mix (Fortune 500 HQ in MO)

Industry	F500 HQs	Revenue
▸Healthcare	1	$163B
▸Insurance	1	$21B
▸Industrial Technology	1	$17B
▸Retail	1	$16B
▸Industrial Distribution	1	$10B
▸Utilities	1	$9B

Price history

+0.0% since first listed

2 events — show timeline

• 2026-05-20 Listed $35,000 OGAR
• 2026-05-20 Listed $35,000 Heartland MLS as Distributed by MLS Grid

Property tax history

+1.8%/yr

Latest (2025): $160 · +17.9% YoY. Source: county tax records.