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78 Avenue D
B Composite 73.23
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
  • DSCR +10.0/10.0
  • 1% rule +7.9/10.0
  • ARV discount +7.5/15.0
  • Appreciation +6.9/10.0
  • Schools +3.1/10.0
  • Livability +2.8/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0

$65,000

78 Avenue D · Van Vleck, TX 77482
1 bd · 1.0 ba · 772 sqft · Manufactured public records · 55 Days on market
Built 1974 5,000 sqft lot ↓ 24% since listing

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks

Cute mobile home sitting on one lot available in Van Vleck, TX. Conveniently located in a good neighborhood close to schools, stores, and restaurants. Large 2 vehicle carport and metal roof that extends to cover the mobile home entirely. The mobile home is currently one bedroom, one bath, and a large living room, but can be converted or added onto to make an extra room. Perfect starter home for the right buyer! Call to schedule a showing or for more info.

Key facts

  • Close to schools
  • Close to restaurants
  • Metal roof

Tags

LARGE VEHICLE CARPORTMETAL ROOFCLOSE TO SCHOOLSCLOSE TO STORESCLOSE TO RESTAURANTS

Property features AI

Finance

  • Financial info: Lease not considered

Exterior

  • Parking: Attached carport; 2-car carport
  • Utilities: Public water; Public sewer
  • Home design: Residential property; Built in 1974
  • Construction: Metal roof; Construction materials: Unknown
  • Exterior features: Porch; Private yard; Subdivision lot

Interior

  • Kitchen: Electric range; Refrigerator
  • Bedrooms: One bedroom on the first floor (approx. 8x8)
  • Flooring: Plank flooring; Vinyl flooring
  • Bathrooms: 1 full bathroom
  • Heating & cooling: Window unit cooling
  • Interior features: Porch; Private yard; Seller disclosure
  • Laundry & utility: Washer hookup; Electric dryer hookup

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 1-bed/1.0-bath manufactured listed at $65k.

Deal economics

  • At list price, monthly cash flow is $210 ($3k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($839 rent vs $65k).
  • Recommended offer: $63k (3.0% below list) — sets the bar for market timing.

Location & tenants

  • Location reads 56/100 on livability (#1,294 in TX) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, crime A; Watch: employment D, amenities F, commute F.
  • Van Vleck ISD (town): math 36% / reading 37% proficiency, ranked #492 of 826 in TX (top 60%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Van Vleck H S (math 57% / reading 42%, grade D, #509 of 1,632 statewide, top 34%, 355 students, 50% FRL) — zoned schools at 50% FRL track the district average.
  • Zoned-school proficiency averages 50% at this address vs 36% district-wide (+13 pts) — the actual schools serving this property are materially stronger than the Van Vleck ISD average implies; a family-tenant draw the district grade alone would hide.
  • Market conditions: 27 active listings in the ZIP; 153 units permitted in Matagorda County in 2024 (0 in 5+ unit buildings).

Forward outlook

  • In year one you build about $3k of equity ($449 loan paydown + $2k appreciation (3.9% local appreciation)).
  • At projected returns (3.9% appreciation + 3.0% rent growth), your $18k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 55 days — a 3% lower offer ($63k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

  • Watch-outs: flood insurance adds $66/mo.
  • Climate carrying-cost: severe flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $63,050 (3.0% below list)

Questions for the listing agent

  1. It's been on market 55 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
  2. Built in 1974 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. 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?
  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
1.29%
Cap rate
11.39%
Cash-on-cash
18.21%
DSCR
1.81
GRM
6.5

CMA / ARV

No comps found within radius.

Projected returns pro-forma

3.85% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
22.4%
Equity multiple
2.33×
Total profit
$24,158
Equity at exit
$32,375
10-year hold
IRR
22.7%
Equity multiple
4.50×
Total profit
$63,787
Equity at exit
$52,494

Cash invested: $18,200 (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 77482

Home prices YoY
2.2%
Active inventory
27
Price-to-rent
6.5×

Monthly cashflow live

Estimated rent
$839 medium interval (Pro) →
Mortgage (P&I)
$341
Tax from tax record
$19 /mo · $226/yr
Insurance
$27
Flood insurance flood zone
−$66 /mo · $798/yr
HOA
$0
Vacancy / Maint / Mgmt
$176
Net cashflow
$210

Break-even live

Break-even rent $574
Max offer price $65,000
Occupancy floor 70%

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
$16,250
Closing costs
$1,950
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 18 events

  1. 2026-06-19
    days on market $65,000 Active 55 DOM
  2. 2026-06-18
    days on market $65,000 Active 54 DOM
  3. 2026-06-17
    days on market $65,000 Active 53 DOM
  4. 2026-06-16
    days on market $65,000 Active 52 DOM
  5. 2026-06-15
    days on market $65,000 Active 51 DOM
  6. 2026-06-14
    days on market $65,000 Active 49 DOM
  7. 2026-06-12
    days on market $65,000 Active 48 DOM
  8. 2026-06-09
    days on market $65,000 Active 45 DOM
  9. 2026-06-08
    days on market $65,000 Active 44 DOM
  10. 2026-06-07
    days on market $65,000 Active 43 DOM
  11. 2026-06-07
    days on market $65,000 Active 42 DOM
  12. 2026-06-03
    days on market $65,000 Active 39 DOM
  13. 2026-06-02
    days on market $65,000 Active 38 DOM
  14. 2026-06-01
    days on market $65,000 Active 37 DOM
  15. 2026-05-31
    days on market $65,000 Active 36 DOM
  16. 2026-05-30
    days on market $65,000 Active 35 DOM
  17. 2026-05-12
    price $65,000 459-char remark
  18. 2026-04-25
    listed $85,000 Active 459-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
$226 · $19/mo
Projected year-2 tax
$1,190 · $99/mo
Expected delta
+$963/yr (+$80/mo · 425.4%)

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

Climate risk First Street

  • 🌊 Flood 8/10 Severe FEMA zone X (unshaded) · 99% chance over 30 yrs
  • 🔥 Wildfire 4/10 Moderate
  • 🌡 Heat 9/10 Extreme 7 d/yr ≥109°F today · 23 d/yr by 30 yrs out
  • 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 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
$10,070
− Mortgage interest
−$3,641
− Property taxes
−$226
− Insurance
−$1,122
− Repairs & maintenance
−$806
− Management
−$806
− Depreciation
−$1,891
Taxable income
$1,578
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$379
After-tax cash flow
$2,137/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
Van Vleck ISD
NCES district ID
4843950
Math proficiency
36% ▼ -14.00%
Reading proficiency
37% ▼ -8.00%
Median HH income
$43,348
Composite
30.96/100
National rank
#6106
State rank
#492 of 826 in TX

Livability — Van Vleck

Score
56/100
State rank
#1294
US rank
#22487

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Van Vleck, TX
Population (ZIP)
2,047

Population outlook (Matagorda County) Hauer SSP2

Today (2025)
37,148 people
By 2030
37,082 · -0.2%
By 2040
36,987 · -0.4%
By 2050
36,934 · -0.6%
By 2075
37,178 · +0.1%
By 2100
35,184 · -5.3%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.63)
Race & ethnicity
White 47% Hispanic / Latino 34% Black 17% Two or more races 16%
Hispanic origin (detail)
Mexican 25% Puerto Rican 7% Cuban 2%
Common ancestry
Lithuanian 3% Serbian 1% Italian 1%
Foreign-born
6% · Canada
Languages at home
81% English-only · Spanish 19%

Political lean MEDSL · Matagorda

2024 margin
Solid R (+50.5) · D 24.3% · R 74.8%
2008→2024 swing
-23.1pp toward R · 2008: -27.4pp · 2024: -50.5pp
All cycles
2024: R+50.5 2020: R+44.5 2016: R+40.7 2012: R+33.5 2008: R+27.4

Not yet ingested

Civics

Market trends

HPI YoY
▲ 3.85%
Current HPI
181.6798
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

-23.5% since first listed
2 events — show timeline
  • 2026-05-12 Price Changed $65,000 HARMLS
  • 2026-04-25 Listed $85,000 HARMLS

Property tax history

+1.7%/yr

Latest (2025): $226 · +8.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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