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8475 Old Highway 90
D Composite 42.03
Why this score? — see what drove the D 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 +9.8/30.0
  • ARV discount +7.5/15.0
  • Appreciation +5.5/10.0
  • Schools +4.1/10.0
  • Rent growth +3.9/5.0
  • Livability +3.6/5.0
  • DSCR +2.8/10.0
  • Condition / age +2.5/5.0
  • 1% rule +2.4/10.0

$149,000

8475 Old Highway 90 · Orange, TX 77630
3 bd · 2.0 ba · 1,320 sqft · Manufactured public records · 45 Days on market
Manufactured home Built 2014 0.25 ac lot

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks

Charming manufactured home situated within the desirable Orangefield ISD. This property boasts 3 bedrooms, 2 full baths, and a carport for 2 vehicles. Enjoy the warmth of a cozy fireplace in the spacious 1,320 sq. ft. interior. The home was completely rebuilt in 2014, and appliances are included for your convenience.

Key facts

  • Completely rebuilt
  • Appliances included
  • Cozy fireplace

Tags

COZY FIREPLACECOMPLETELY REBUILTAPPLIANCES INCLUDED

Property features AI

Exterior

  • Parking: Carport with 2 spaces
  • Utilities: Public water; Public sewer
  • Home design: Residential mobile home; Mobile home with land; Property faces unspecified
  • Construction: Composition roof
  • Exterior features: Chain link fencing; Storage structure

Interior

  • Kitchen: Refrigerator; Range
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Ceiling fan(s); Window unit(s)
  • Interior features: Wood-burning fireplace; Storm door(s)

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 $149k.

Deal economics

  • At list price, monthly cash flow is $-96 ($-1k/yr) — negative.
  • To cash-flow at today's rent, offer at most $132k (11.3% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $110k (25.9% below list).
  • Recommended offer: $110k (25.9% below list) — sets the bar for 1% rule.
  • Cap rate 5.5% vs local median 3.8% in Orange — 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 71/100 on livability (#286 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime D+, employment D+, amenities F.
  • Orangefield ISD (rural): math 44% / reading 48% proficiency, ranked #217 of 826 in TX (top 26%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Orangefield El (math 44% / reading 44%, grade F, #1,243 of 4,322 statewide, top 29%, 873 students, 39% FRL); Orangefield J H (math 42% / reading 48%, grade D, #479 of 1,662 statewide, top 29%, 434 students, 34% FRL); Orangefield H S (math 52% / reading 57%, grade C-, #379 of 1,632 statewide, top 26%, 549 students, 35% FRL) — zoned schools at 36% FRL track the district average.
  • Market conditions: Rents rising fast (+5.7%/yr); 338 active listings in the ZIP; 235 units permitted in Orange County in 2024 (50 in 5+ unit buildings).

Forward outlook

  • In year one you build about $3k of equity ($1k loan paydown + $2k appreciation (1.0% local appreciation)).
  • Orange County population projected at +6% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

  • It's been on market 45 days — a 3% lower offer ($145k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

  • Climate carrying-cost: 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 $110,397 (25.9% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. It's been on market 45 days. Have you received any prior offers? Is the seller open to a 26% concession, seller financing, or rate buy-down credit?
  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. Crime grade is D 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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  7. 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.
  8. 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.
  9. 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
0.74%
Cap rate
5.52%
Cash-on-cash
-2.75%
DSCR
0.88
GRM
11.2

CMA / ARV

No comps found within radius.

Projected returns pro-forma

1.01% appreciation · 5.71% rent growth · sell at horizon

5-year hold
IRR
-0.1%
Equity multiple
1.00×
Total profit
$-168
Equity at exit
$50,943
10-year hold
IRR
6.2%
Equity multiple
1.80×
Total profit
$33,398
Equity at exit
$67,758

Cash invested: $41,720 (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 77630

Home prices YoY
0.4%
Rents YoY
5.7%
Active inventory
338
Price-to-rent
11.2×

Monthly cashflow live

Estimated rent
$1,104 medium interval (Pro) →
Mortgage (P&I)
$781
Tax from tax record
$124 /mo · $1,493/yr
Insurance
$62
HOA
$0
Lot rent leased land?
$0
Vacancy / Maint / Mgmt
$232
Net cashflow
$-96

Break-even live

Break-even rent $1,225
Max offer price $132,089
Occupancy floor

Sensitivity live

Price -10% $-11 -5% $-54 +0% $-96 +5% $-138 +10% $-180
Rent -10% $-183 -5% $-139 +0% $-96 +5% $-52 +10% $-9
Rate -1.0pp $-21 -0.5pp $-58 base $-96 +0.5pp $-134 +1.0pp $-174

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
$37,250
Closing costs
$4,470
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 23 events

  1. 2026-06-23
    days on market $149,000 Active 45 DOM
  2. 2026-06-21
    days on market $149,000 Active 44 DOM
  3. 2026-06-18
    price $149,000 Active 41 DOM
  4. 2026-06-18
    days on market $156,000 Active 41 DOM
  5. 2026-06-17
    days on market $156,000 Active 40 DOM
  6. 2026-06-16
    days on market $156,000 Active 39 DOM
  7. 2026-06-15
    days on market $156,000 Active 38 DOM
  8. 2026-06-14
    days on market $156,000 Active 36 DOM
  9. 2026-06-13
    days on market $156,000 Active 35 DOM
  10. 2026-06-10
    days on market $156,000 Active 33 DOM
  11. 2026-06-09
    days on market $156,000 Active 32 DOM
  12. 2026-06-08
    days on market $156,000 Active 31 DOM
  13. 2026-06-07
    days on market $156,000 Active 30 DOM
  14. 2026-06-03
    days on market $156,000 Active 26 DOM
  15. 2026-06-02
    days on market $156,000 Active 25 DOM
  16. 2026-06-01
    days on market $156,000 Active 24 DOM
  17. 2026-05-31
    days on market $156,000 Active 23 DOM
  18. 2026-05-30
    days on market $156,000 Active 22 DOM
  19. 2026-05-08
    listed $156,000 Active 318-char remark
  20. 2019-01-29
    soldstatus
  21. 2014-02-05
    soldstatus
  22. 2012-03-06
    soldstatus
  23. 2012-02-29
    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
$1,493 · $124/mo
Projected year-2 tax
$2,727 · $227/mo
Expected delta
+$1,234/yr (+$103/mo · 82.6%)

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

Climate risk First Street

  • 🌊 Flood 4/10 Moderate FEMA zone X (unshaded) · 13% chance over 30 yrs
  • 🔥 Wildfire 3/10 Moderate
  • 🌡 Heat 9/10 Extreme 7 d/yr ≥108°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 1 unhealthy d/yr today · 1 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$13,248
− Mortgage interest
−$8,346
− Property taxes
−$1,493
− Insurance
−$745
− Repairs & maintenance
−$1,060
− Management
−$1,060
− Depreciation
−$4,335
Taxable loss
−$3,791
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$910
After-tax cash flow
$-239/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
Orangefield ISD
NCES district ID
4833780
Math proficiency
44% ▬ 0.00%
Reading proficiency
48% ▬ 0.00%
Median HH income
$63,682
Composite
40.77/100
National rank
#3647
State rank
#217 of 826 in TX

Livability — Orange

Score
71/100
State rank
#286
US rank
#6456

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

County
Orange County · 87,112 people
City population
22,976
Metro
Beaumont-Port Arthur, TX
Population (ZIP)
28,983
Household income
$64,373
Rent vs Own
32.2% rent · 67.8% own
Severe rent burden
1018.0

Population outlook (Orange County) Hauer SSP2

Today (2025)
88,065 people
By 2030
89,591 · +1.7%
By 2040
91,982 · +4.4%
By 2050
93,023 · +5.6%
By 2075
94,871 · +7.7%
By 2100
88,155 · +0.1%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Majority White (64%)
Race & ethnicity
White 64% Black 21% Hispanic / Latino 11% Two or more races 9%
Hispanic origin (detail)
Mexican 7%
Common ancestry
Lithuanian 13% Italian 1% Slovak 1%
Foreign-born
5% · Canada
Languages at home
91% English-only · Spanish 7% French/Haitian/Cajun 1% Other Asian/Pacific 1%

Political lean MEDSL · Orange

2024 margin
Solid R (+66.8) · D 16.4% · R 83.1%
2008→2024 swing
-19.6pp toward R · 2008: -47.1pp · 2024: -66.8pp
All cycles
2024: R+66.8 2020: R+63.4 2016: R+61.9 2012: R+54.3 2008: R+47.1

Not yet ingested

Civics

Market trends

HPI YoY
▲ 1.01%
Current HPI
264.14
Rent YoY
▲ 5.71%
Metro
Beaumont-Port Arthur, TX
State GDP YoY
▲ 3.95%
F500 in state
110

Industry mix (Fortune 500 HQ in TX)

Industry F500 HQs Revenue

Price history

5 events — show timeline
  • 2026-05-08 Listed $156,000 BBOR
  • 2019-01-29 Sold (Public Records) Public Records
  • 2014-02-05 Sold (Public Records) Public Records
  • 2012-03-06 Sold (Public Records) Public Records
  • 2012-02-29 Sold (Public Records) Public Records

Property tax history

+4.5%/yr

Latest (2025): $1,493 · -4.1% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…