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2032 Avenue L
B Composite 73.34
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 +27.6/30.0
  • DSCR +9.7/10.0
  • 1% rule +8.6/10.0
  • ARV discount +7.5/15.0
  • Appreciation +7.1/10.0
  • Condition / age +4.0/5.0
  • Livability +3.5/5.0
  • Schools +2.8/10.0
  • Rent growth +2.5/5.0

$255,000

2032 Avenue L · Anson, TX 79501
4 bd · 3.0 ba · 2,160 sqft · Manufactured public records · 143 Days on market
Built 2023 Good condition 0.64 ac lot ↓ 19% since listing

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

2023 Manufactured Double wide home. Welcome to a beautiful and modernly styled home offering 4-bedroom, 3-baths with an open floor plan, large kitchen island, walk-in pantry, and oversized laundry room. The primary suite offers dual walk-in closets and a luxurious bath with soaking tub and separate shower. The property features an existing water well (the home currently uses city water) and a RV hookup, making it a versatile home with endless potential! This property is settled on a double lot. Located within the Abilene metropolitan area, Anson provides residents with a tranquil rural setting while maintaining proximity to urban conveniences. Survey is available. The shop on the corner at 2002 Avenue L is also for sale separately MLS 21164409.

Key facts

  • Large kitchen island
  • Dual walk-in closets
  • Soaking tub

Tags

LARGE KITCHEN ISLANDWALK-IN PANTRYOVERSIZED LAUNDRY ROOMDUAL WALK-IN CLOSETSSOAKING TUBSEPARATE SHOWER

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 4-bed/3.0-bath manufactured listed at $255k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $765 ($9k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($3k rent vs $255k).
  • Recommended offer: $224k (12.0% below list) — sets the bar for market timing.

Location & tenants

  • Location reads 70/100 on livability (#377 in TX) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A-; Watch: health & safety C-, schools D, employment D.
  • Anson ISD (rural): math 29% / reading 37% proficiency, ranked #565 of 826 in TX (top 68%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: 71 active listings in the ZIP; 1 units permitted in Jones County in 2024 (0 in 5+ unit buildings).

Forward outlook

  • In year one you build about $12k of equity ($2k loan paydown + $11k appreciation (4.1% local appreciation)).
  • Jones County population projected at +13% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
  • At projected returns (4.1% appreciation + 3.0% rent growth), your $71k cash investment doubles in ~4 years — after that, you're playing with house money.
  • By year 3, paydown + projected appreciation supports a ~$30k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • It's been on market 143 days — a 12% lower offer ($224k) is reasonable based on typical stale-listing flexibility.
  • 4 sale attempts since 2y ago 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: major 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 $224,400 (12.0% below list)

Questions for the listing agent

  1. It's been on market 143 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
1.36%
Cap rate
9.89%
Cash-on-cash
12.85%
DSCR
1.57
GRM
6.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

4.13% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
22.1%
Equity multiple
2.33×
Total profit
$95,203
Equity at exit
$131,251
10-year hold
IRR
22.2%
Equity multiple
4.54×
Total profit
$252,599
Equity at exit
$216,252

Cash invested: $71,400 (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 79501

Home prices YoY
2.9%
Active inventory
71
Price-to-rent
6.1×

Monthly cashflow live

Estimated rent
$3,466 medium interval (Pro) →
Mortgage (P&I)
$1,337
Tax from tax record
$530 /mo · $6,363/yr
Insurance
$106
HOA
$0
Vacancy / Maint / Mgmt
$728
Net cashflow
$765

Break-even live

Break-even rent $2,498
Max offer price $255,000
Occupancy floor 73%

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
$63,750
Closing costs
$7,650
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.

Listing history 33 events

  1. 2026-06-19
    days on market $255,000 Active 143 DOM
  2. 2026-06-18
    days on market $255,000 Active 142 DOM
  3. 2026-06-17
    days on market $255,000 Active 141 DOM
  4. 2026-06-16
    days on market $255,000 Active 140 DOM
  5. 2026-06-15
    days on market $255,000 Active 139 DOM
  6. 2026-06-14
    days on market $255,000 Active 137 DOM
  7. 2026-06-13
    days on market $255,000 Active 136 DOM
  8. 2026-06-10
    days on market $255,000 Active 134 DOM
  9. 2026-06-09
    days on market $255,000 Active 133 DOM
  10. 2026-06-08
    days on market $255,000 Active 132 DOM
  11. 2026-06-07
    days on market $255,000 Active 131 DOM
  12. 2026-06-03
    days on market $255,000 Active 127 DOM
  13. 2026-06-02
    days on market $255,000 Active 126 DOM
  14. 2026-06-01
    days on market $255,000 Active 125 DOM
  15. 2026-05-31
    days on market $255,000 Active 124 DOM
  16. 2026-05-30
    days on market $255,000 Active 123 DOM
  17. 2026-05-14
    price $255,000 754-char remark
    Show marketing remark (754 chars)

    2023 Manufactured Double wide home. Welcome to a beautiful and modernly styled home offering 4-bedroom, 3-baths with an open floor plan, large kitchen island, walk-in pantry, and oversized laundry room. The primary suite offers dual walk-in closets and a luxurious bath with soaking tub and separate shower. The property features an existing water well (the home currently uses city water) and a RV hookup, making it a versatile home with endless potential! This property is settled on a double lot. Located within the Abilene metropolitan area, Anson provides residents with a tranquil rural setting while maintaining proximity to urban conveniences. Survey is available. The shop on the corner at 2002 Avenue L is also for sale separately MLS 21164409.

  18. 2026-03-18
    price $260,000 754-char remark
    Show marketing remark (754 chars)

    2023 Manufactured Double wide home. Welcome to a beautiful and modernly styled home offering 4-bedroom, 3-baths with an open floor plan, large kitchen island, walk-in pantry, and oversized laundry room. The primary suite offers dual walk-in closets and a luxurious bath with soaking tub and separate shower. The property features an existing water well (the home currently uses city water) and a RV hookup, making it a versatile home with endless potential! This property is settled on a double lot. Located within the Abilene metropolitan area, Anson provides residents with a tranquil rural setting while maintaining proximity to urban conveniences. Survey is available. The shop on the corner at 2002 Avenue L is also for sale separately MLS 21164409.

  19. 2026-02-02
    price $263,000 754-char remark
    Show marketing remark (754 chars)

    2023 Manufactured Double wide home. Welcome to a beautiful and modernly styled home offering 4-bedroom, 3-baths with an open floor plan, large kitchen island, walk-in pantry, and oversized laundry room. The primary suite offers dual walk-in closets and a luxurious bath with soaking tub and separate shower. The property features an existing water well (the home currently uses city water) and a RV hookup, making it a versatile home with endless potential! This property is settled on a double lot. Located within the Abilene metropolitan area, Anson provides residents with a tranquil rural setting while maintaining proximity to urban conveniences. Survey is available. The shop on the corner at 2002 Avenue L is also for sale separately MLS 21164409.

  20. 2026-01-27
    listed $265,000 Active 754-char remark
    Show marketing remark (754 chars)

    2023 Manufactured Double wide home. Welcome to a beautiful and modernly styled home offering 4-bedroom, 3-baths with an open floor plan, large kitchen island, walk-in pantry, and oversized laundry room. The primary suite offers dual walk-in closets and a luxurious bath with soaking tub and separate shower. The property features an existing water well (the home currently uses city water) and a RV hookup, making it a versatile home with endless potential! This property is settled on a double lot. Located within the Abilene metropolitan area, Anson provides residents with a tranquil rural setting while maintaining proximity to urban conveniences. Survey is available. The shop on the corner at 2002 Avenue L is also for sale separately MLS 21164409.

  21. 2025-12-23
    historical
  22. 2025-10-09
    listed $265,000 Active
  23. 2025-09-06
    historical
  24. 2025-07-30
    price $265,000
  25. 2025-06-02
    price $344,500
  26. 2025-05-12
    price $279,000
  27. 2025-04-15
    price $281,000
  28. 2025-03-24
    price $286,000
  29. 2025-03-07
    listed $291,000 Active
  30. 2025-02-15
    historical
  31. 2024-11-27
    price $295,000
  32. 2024-10-17
    listed $315,000 Active
  33. 1997-08-18
    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
$6,363 · $530/mo
Projected year-2 tax
$6,363 · $530/mo
Expected delta
$0/yr ($0/mo · 0.0%)

ⓘ 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 7/10 Severe
  • 🌡 Heat 7/10 Severe 7 d/yr ≥106°F today · 21 d/yr by 30 yrs out
  • 💨 Wind 4/10 Moderate 10% chance of damaging wind over 30 yrs
  • 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$41,597
− Mortgage interest
−$14,284
− Property taxes
−$6,363
− Insurance
−$1,275
− Repairs & maintenance
−$3,328
− Management
−$3,328
− Depreciation
−$7,418
Taxable income
$5,601
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,344
After-tax cash flow
$7,832/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 Cosmetic rehab

This modern manufactured home in Anson, TX is in good condition with a good condition score of 80. It has a good roof, exterior, flooring, and interior walls/paint. The home is move-in ready with minor cosmetic updates needed for the exterior and gutters.

Value-add opportunities

  • Resale Paint exterior — Enhances curb appeal and can add value
  • Rental Clean gutters — Keeps property in good condition and prevents water damage

Renovation cost estimate screening

Value-add ROI direction

  • Resale Paint exterior — Enhances curb appeal and can add value
  • Rental Clean gutters — Keeps property in good condition and prevents water damage

ⓘ 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
Anson ISD
NCES district ID
4808400
Math proficiency
29% ▼ -9.00%
Reading proficiency
37% ▼ -3.00%
Median HH income
$45,223
Composite
28.21/100
National rank
#6805
State rank
#565 of 826 in TX

Livability — Anson

Score
70/100
State rank
#377
US rank
#7976

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Anson, TX
City population
2,635
Population (ZIP)
2,635

Population outlook (Jones County) Hauer SSP2

Today (2025)
19,845 people
By 2030
20,213 · +1.9%
By 2040
21,446 · +8.1%
By 2050
22,499 · +13.4%
By 2075
23,272 · +17.3%
By 2100
20,420 · +2.9%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (65%)
Race & ethnicity
White 65% Hispanic / Latino 31% Two or more races 12% Black 2%
Hispanic origin (detail)
Mexican 24%
Common ancestry
Slovak 4% Serbian 2% Scotch-Irish 1%
Foreign-born
5% · Canada, Vietnam
Languages at home
81% English-only · Spanish 19%

Political lean MEDSL · Jones

2024 margin
Solid R (+73.2) · D 13.1% · R 86.2%
2008→2024 swing
-27.1pp toward R · 2008: -46.1pp · 2024: -73.2pp
All cycles
2024: R+73.2 2020: R+69.1 2016: R+65.4 2012: R+54.5 2008: R+46.1

Not yet ingested

Civics

Market trends

HPI YoY
▲ 4.13%
Current HPI
148.5884
Rent YoY
Metro
State GDP YoY
▲ 3.95%
F500 in state
110

Industry mix (Fortune 500 HQ in TX)

Industry F500 HQs Revenue

Price history

-19.0% since first listed
17 events — show timeline
  • 2026-05-14 Price Changed $255,000 NTREIS
  • 2026-03-18 Price Changed $260,000 NTREIS
  • 2026-02-02 Price Changed $263,000 NTREIS
  • 2026-01-27 Listed $265,000 NTREIS
  • 2025-12-23 Listing Removed NTREIS
  • 2025-10-09 Listed $265,000 NTREIS
  • 2025-09-06 Listing Removed NTREIS
  • 2025-07-30 Price Changed $265,000 NTREIS
  • 2025-06-02 Price Changed $344,500 NTREIS
  • 2025-05-12 Price Changed $279,000 NTREIS
  • 2025-04-15 Price Changed $281,000 NTREIS
  • 2025-03-24 Price Changed $286,000 NTREIS
  • 2025-03-07 Listed $291,000 NTREIS
  • 2025-02-15 Listing Removed NTREIS
  • 2024-11-27 Price Changed $295,000 NTREIS
  • 2024-10-17 Listed $315,000 NTREIS
  • 1997-08-18 Sold (Public Records) Public Records

Property tax history

+19.0%/yr

Latest (2025): $6,363 · +19.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…