3600 County Road 911 · Burleson, TX
Flood risk 4/10 · Minor
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.2%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 6/10 · Moderate
- Est. fire insurance / yr
- $1,222 – $2,270
Heat risk 7/10 · Major
- Hot days now (above 109°F)
- 7 days/yr
- Hot days in 30 yrs
- 22 days/yr
Wind risk 6/10 · Moderate
- Chance of severe wind over 30 yrs
- 27.0%
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 3 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the C 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 +19.5/30.0
- ARV discount +15.0/15.0
- DSCR +6.1/10.0
- 1% rule +5.4/10.0
- Livability +4.0/5.0
- Schools +3.2/10.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$225,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
SPACIOUS 4 BEDROOM AND TWO FULL BATH HOUSE. RECENTLY REMODELED. NEW GRANITE COUNTER TOPS, NEW STAINLESS STEEL APPLIANCES, NEW CARPET & LAMINATE WOOD FLOORING IN ALL MAIN AREAS. NEW DOUBLE VANITIES IN THE MASTER BATHROOM. FRESHLY PAINTED INSIDE. THREE SIDES ARE FENCED FOR PRIVACY. THIS DOUBLE WIDE MOBILE HOME HAS OVER 2,000 SQ. FT. OF LIVING SPACE AND SITS ON AN ACRE. THERE ARE 2 PARCELS (126-1154-02120 & 126-0342-02120) NO HOA'S! YOU CAN GROW YOUR OWN VEGETABLES, HAVE CHICKENS, GOATS, ETC. LIVE THE COUNTRY LIFE BUT CLOSE TO CITY. JUST MINUTES FROM THE CHISOLM TRAIL PKWY. SOME PICTURES HAVE BEEN DIGITALLY STAGED SO YOU CAN GET AN IDEA OF HOW YOU CAN PERSONALIZE YOUR HOME. MUST SEE!
Key facts
- 1 acre lot
- Built 2008
- Listed 122 days
Neighborhood map
What this means for you Summary
Snapshot
- This is a 4-bed/2.0-bath manufactured listed at $225k.
Deal economics
- At list price, monthly cash flow is $254 ($3k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $225k).
- Recommended offer: $198k (12.0% below list) — sets the bar for market timing.
- Cap rate 7.6% vs local median 3.5% in Burleson — 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 79/100 on livability (#53 in TX, #2,133 nationally) — a middle-class / working-renter tenant base. Strengths: employment A+, cost of living A+, housing A+; Watch: amenities F, commute F.
- Godley ISD (rural): math 34% / reading 38% proficiency, ranked #466 of 826 in TX (top 56%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Zoned schools: Rb Godley El (511 students, 46% FRL) — zoned schools at 46% FRL track the district average.
- Market conditions: 420 active listings in the ZIP; 2,152 units permitted in Johnson County in 2024 (76 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
- Johnson County population projected at +24% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 122 days — a 12% lower offer ($198k) is reasonable based on typical stale-listing flexibility.
- 5 sale attempts since 16y ago; this cycle's ask has dropped $35k (13%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 122 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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.
- 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.
- 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
- 1.04% ✓
- Cap rate
- 7.65%
- Cash-on-cash
- 4.83%
- DSCR
- 1.21
- GRM
- 8.0
CMA / ARV
- ARV (on-the-fly)
- $277,020
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 3932 County Road 911 | 0.35mi | 5/2.0 (+1) | 2,048 (-0%) | 0mo | $190,000 | $93 | 78 |
| 6504 Arbor Vine Trl | 0.24mi | 3/2.0 (-1) | 1,952 (-5%) | 8mo | $207,000 | $106 | 69 |
| 3329 Cobbler Ln | 0.46mi | 4/3.0 | 2,128 (+4%) | 4mo | $208,000 | $98 | 65 |
| 5921 Black Springs Ln | 0.48mi | 4/2.0 | 1,904 (-7%) | 7mo | $260,000 | $137 | 60 |
| 3316 Elderberry Ln | 0.68mi | 4/2.0 | 2,016 (-2%) | 7mo | $265,000 | $131 | 59 |
| 3505 Cobbler Ln | 0.56mi | 4/2.0 | 1,993 (-3%) | 14mo | $279,000 | $140 | 57 |
| 6320 County Road 912 | 0.44mi | 4/2.0 | 1,920 (-6%) | 17mo | $254,990 | $133 | 54 |
| 6601 Vintner Trl | 0.31mi | 3/2.0 (-1) | 1,848 (-10%) | 14mo | $249,000 | $135 | 53 |
| 6004 Black Springs Ln | 0.51mi | 5/3.0 (+1) | 2,280 (+11%) | 1mo | $314,900 | $138 | 48 |
| 6112 Wild Berry Trl | 0.53mi | 4/2.0 | 1,756 (-14%) | 6mo | $315,000 | $179 | 46 |
| 5721 Black Springs Ln | 0.75mi | 5/3.0 (+1) | 2,091 (+2%) | 10mo | $289,990 | $139 | 44 |
| 5824 Longhorn Trl | 0.66mi | 3/2.0 (-1) | 1,794 (-13%) | 14mo | $200,000 | $111 | 32 |
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 · 3.0% rent growth · sell at horizon
- IRR
- -8.7%
- Equity multiple
- 0.68×
- Total profit
- $-20,238
- Equity at exit
- $33,548
- IRR
- 0.8%
- Equity multiple
- 1.05×
- Total profit
- $3,445
- Equity at exit
- $19,454
Cash invested: $63,000 (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
ZIP-level market 76058
- Home prices YoY
- -24.5%
- Active inventory
- 420
- Price-to-rent
- 8.0×
Monthly cashflow live
- Estimated rent
- $2,350 medium interval (Pro) →
- Mortgage (P&I)
- −$1,180
- Tax from tax record
- −$329 /mo · $3,947/yr
- Insurance
- −$94
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$493
- Net cashflow
- $254
Break-even live
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
- $56,250
- Closing costs
- $6,750
- 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 19 events
-
2026-04-28status Pending
-
2026-04-22price $225,000
-
2026-03-24price $245,000
-
2026-03-19status Active
-
2026-03-09status Pending
-
2026-02-18price $250,000
-
2026-01-16price $255,000
-
2025-12-16$260,000 Active
-
2020-06-15soldstatus
-
2020-06-11soldstatus Sold 702-char remark
Show marketing remark (702 chars)
SPACIOUS 4 BEDROOM AND TWO FULL BATH HOUSE. RECENTLY REMODELED. NEW GRANITE COUNTER TOPS, NEW STAINLESS STEEL APPLIANCES, NEW CARPET & LAMINATE WOOD FLOORING IN ALL MAIN AREAS. NEW DOUBLE VANITIES IN THE MASTER BATHROOM. FRESHLY PAINTED INSIDE. THREE SIDES ARE FENCED FOR PRIVACY. THIS DOUBLE WIDE MOBILE HOME HAS OVER 2,000 SQ. FT. OF LIVING SPACE AND SITS ON AN ACRE. THERE ARE 2 PARCELS (126-1154-02120 & 126-0342-02120) NO HOA'S! YOU CAN GROW YOUR OWN VEGETABLES, HAVE CHICKENS, GOATS, ETC. LIVE THE COUNTRY LIFE BUT CLOSE TO CITY. JUST MINUTES FROM THE CHISOLM TRAIL PKWY. SOME PICTURES HAVE BEEN DIGITALLY STAGED SO YOU CAN GET AN IDEA OF HOW YOU CAN PERSONALIZE YOUR HOME. MUST SEE!
-
2020-05-18status Pending 702-char remark
Show marketing remark (702 chars)
SPACIOUS 4 BEDROOM AND TWO FULL BATH HOUSE. RECENTLY REMODELED. NEW GRANITE COUNTER TOPS, NEW STAINLESS STEEL APPLIANCES, NEW CARPET & LAMINATE WOOD FLOORING IN ALL MAIN AREAS. NEW DOUBLE VANITIES IN THE MASTER BATHROOM. FRESHLY PAINTED INSIDE. THREE SIDES ARE FENCED FOR PRIVACY. THIS DOUBLE WIDE MOBILE HOME HAS OVER 2,000 SQ. FT. OF LIVING SPACE AND SITS ON AN ACRE. THERE ARE 2 PARCELS (126-1154-02120 & 126-0342-02120) NO HOA'S! YOU CAN GROW YOUR OWN VEGETABLES, HAVE CHICKENS, GOATS, ETC. LIVE THE COUNTRY LIFE BUT CLOSE TO CITY. JUST MINUTES FROM THE CHISOLM TRAIL PKWY. SOME PICTURES HAVE BEEN DIGITALLY STAGED SO YOU CAN GET AN IDEA OF HOW YOU CAN PERSONALIZE YOUR HOME. MUST SEE!
-
2020-05-10historical Active Option Contract 702-char remark
Show marketing remark (702 chars)
SPACIOUS 4 BEDROOM AND TWO FULL BATH HOUSE. RECENTLY REMODELED. NEW GRANITE COUNTER TOPS, NEW STAINLESS STEEL APPLIANCES, NEW CARPET & LAMINATE WOOD FLOORING IN ALL MAIN AREAS. NEW DOUBLE VANITIES IN THE MASTER BATHROOM. FRESHLY PAINTED INSIDE. THREE SIDES ARE FENCED FOR PRIVACY. THIS DOUBLE WIDE MOBILE HOME HAS OVER 2,000 SQ. FT. OF LIVING SPACE AND SITS ON AN ACRE. THERE ARE 2 PARCELS (126-1154-02120 & 126-0342-02120) NO HOA'S! YOU CAN GROW YOUR OWN VEGETABLES, HAVE CHICKENS, GOATS, ETC. LIVE THE COUNTRY LIFE BUT CLOSE TO CITY. JUST MINUTES FROM THE CHISOLM TRAIL PKWY. SOME PICTURES HAVE BEEN DIGITALLY STAGED SO YOU CAN GET AN IDEA OF HOW YOU CAN PERSONALIZE YOUR HOME. MUST SEE!
-
2020-05-09status Active 702-char remark
Show marketing remark (702 chars)
SPACIOUS 4 BEDROOM AND TWO FULL BATH HOUSE. RECENTLY REMODELED. NEW GRANITE COUNTER TOPS, NEW STAINLESS STEEL APPLIANCES, NEW CARPET & LAMINATE WOOD FLOORING IN ALL MAIN AREAS. NEW DOUBLE VANITIES IN THE MASTER BATHROOM. FRESHLY PAINTED INSIDE. THREE SIDES ARE FENCED FOR PRIVACY. THIS DOUBLE WIDE MOBILE HOME HAS OVER 2,000 SQ. FT. OF LIVING SPACE AND SITS ON AN ACRE. THERE ARE 2 PARCELS (126-1154-02120 & 126-0342-02120) NO HOA'S! YOU CAN GROW YOUR OWN VEGETABLES, HAVE CHICKENS, GOATS, ETC. LIVE THE COUNTRY LIFE BUT CLOSE TO CITY. JUST MINUTES FROM THE CHISOLM TRAIL PKWY. SOME PICTURES HAVE BEEN DIGITALLY STAGED SO YOU CAN GET AN IDEA OF HOW YOU CAN PERSONALIZE YOUR HOME. MUST SEE!
-
2020-05-01historical Active Option Contract 702-char remark
Show marketing remark (702 chars)
SPACIOUS 4 BEDROOM AND TWO FULL BATH HOUSE. RECENTLY REMODELED. NEW GRANITE COUNTER TOPS, NEW STAINLESS STEEL APPLIANCES, NEW CARPET & LAMINATE WOOD FLOORING IN ALL MAIN AREAS. NEW DOUBLE VANITIES IN THE MASTER BATHROOM. FRESHLY PAINTED INSIDE. THREE SIDES ARE FENCED FOR PRIVACY. THIS DOUBLE WIDE MOBILE HOME HAS OVER 2,000 SQ. FT. OF LIVING SPACE AND SITS ON AN ACRE. THERE ARE 2 PARCELS (126-1154-02120 & 126-0342-02120) NO HOA'S! YOU CAN GROW YOUR OWN VEGETABLES, HAVE CHICKENS, GOATS, ETC. LIVE THE COUNTRY LIFE BUT CLOSE TO CITY. JUST MINUTES FROM THE CHISOLM TRAIL PKWY. SOME PICTURES HAVE BEEN DIGITALLY STAGED SO YOU CAN GET AN IDEA OF HOW YOU CAN PERSONALIZE YOUR HOME. MUST SEE!
-
2020-04-22price $159,800 702-char remark
Show marketing remark (702 chars)
SPACIOUS 4 BEDROOM AND TWO FULL BATH HOUSE. RECENTLY REMODELED. NEW GRANITE COUNTER TOPS, NEW STAINLESS STEEL APPLIANCES, NEW CARPET & LAMINATE WOOD FLOORING IN ALL MAIN AREAS. NEW DOUBLE VANITIES IN THE MASTER BATHROOM. FRESHLY PAINTED INSIDE. THREE SIDES ARE FENCED FOR PRIVACY. THIS DOUBLE WIDE MOBILE HOME HAS OVER 2,000 SQ. FT. OF LIVING SPACE AND SITS ON AN ACRE. THERE ARE 2 PARCELS (126-1154-02120 & 126-0342-02120) NO HOA'S! YOU CAN GROW YOUR OWN VEGETABLES, HAVE CHICKENS, GOATS, ETC. LIVE THE COUNTRY LIFE BUT CLOSE TO CITY. JUST MINUTES FROM THE CHISOLM TRAIL PKWY. SOME PICTURES HAVE BEEN DIGITALLY STAGED SO YOU CAN GET AN IDEA OF HOW YOU CAN PERSONALIZE YOUR HOME. MUST SEE!
-
2020-04-19$159,900 Active 702-char remark
Show marketing remark (702 chars)
SPACIOUS 4 BEDROOM AND TWO FULL BATH HOUSE. RECENTLY REMODELED. NEW GRANITE COUNTER TOPS, NEW STAINLESS STEEL APPLIANCES, NEW CARPET & LAMINATE WOOD FLOORING IN ALL MAIN AREAS. NEW DOUBLE VANITIES IN THE MASTER BATHROOM. FRESHLY PAINTED INSIDE. THREE SIDES ARE FENCED FOR PRIVACY. THIS DOUBLE WIDE MOBILE HOME HAS OVER 2,000 SQ. FT. OF LIVING SPACE AND SITS ON AN ACRE. THERE ARE 2 PARCELS (126-1154-02120 & 126-0342-02120) NO HOA'S! YOU CAN GROW YOUR OWN VEGETABLES, HAVE CHICKENS, GOATS, ETC. LIVE THE COUNTRY LIFE BUT CLOSE TO CITY. JUST MINUTES FROM THE CHISOLM TRAIL PKWY. SOME PICTURES HAVE BEEN DIGITALLY STAGED SO YOU CAN GET AN IDEA OF HOW YOU CAN PERSONALIZE YOUR HOME. MUST SEE!
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2020-03-10soldstatus
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2010-06-29historical
-
2010-06-18$36,500
ⓘ 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
- $3,947 · $329/mo
- Projected year-2 tax
- $4,118 · $343/mo
- Expected delta
- +$171/yr (+$14/mo · 4.3%)
ⓘ 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) · 20% chance over 30 yrs
- Wildfire 6/10 Major
- Heat 7/10 Severe 7 d/yr ≥109°F today · 22 d/yr by 30 yrs out
- Wind 6/10 Major 27% chance of damaging wind over 30 yrs
- Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $28,196
- − Mortgage interest
- −$12,603
- − Property taxes
- −$3,947
- − Insurance
- −$1,125
- − Repairs & maintenance
- −$2,256
- − Management
- −$2,256
- − Depreciation
- −$6,545
- Taxable loss
- −$536
- Est. tax savings @ 24.0%
- +$129
- After-tax cash flow
- $3,173/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
- Godley ISD
- NCES district ID
- 4820960
- Math proficiency
- 34% ▼ -4.00%
- Reading proficiency
- 38% ▲ 2.00%
- Median HH income
- $59,332
- Composite
- 32.06/100
- National rank
- #5820
- State rank
- #466 of 826 in TX
Livability — Burleson
- Score
- 79/100
- State rank
- #53
- US rank
- #2133
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- City population
- 81,549
- Population (ZIP)
- 21,531
Population outlook (Johnson County) Hauer SSP2
- Today (2025)
- 179,678 people
- By 2030
- 189,208 · +5.3%
- By 2040
- 207,261 · +15.4%
- By 2050
- 223,064 · +24.1%
- By 2075
- 259,979 · +44.7%
- By 2100
- 275,395 · +53.3%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (67%)
- Race & ethnicity
- White 67% Hispanic / Latino 28% Two or more races 11% Black 2%
- Hispanic origin (detail)
- Mexican 26%
- Common ancestry
- Italian 2% Slovak 2% Portuguese 1%
- Foreign-born
- 7% · Canada
- Languages at home
- 80% English-only · Spanish 18% German/W. Germanic 1%
Political lean MEDSL · Johnson
- 2024 margin
- Solid R (+51.4) · D 23.9% · R 75.3%
- 2008→2024 swing
- -3.9pp toward R · 2008: -47.5pp · 2024: -51.4pp
- All cycles
- 2024: R+51.4 2020: R+53.0 2016: R+58.3 2012: R+55.6 2008: R+47.5
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -86.22%
- Current HPI
- 265.6513
- Rent YoY
- —
- Metro
- —
- State GDP YoY
- ▲ 3.95%
- F500 in state
- 110
Industry mix (Fortune 500 HQ in TX)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Energy | 16 | $1,198B |
|
||
| Technology | 5 | $198B |
|
||
| Engineering / Construction | 4 | $72B |
|
||
| Energy Services | 3 | $60B |
|
||
| Utilities | 3 | $41B |
|
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| Healthcare | 2 | $330B |
|
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Price history
+516.4% since first listed19 events — show timeline
- 2026-04-28 Pending — NTREIS
- 2026-04-22 Price Changed $225,000 NTREIS
- 2026-03-24 Price Changed $245,000 NTREIS
- 2026-03-19 Relisted — NTREIS
- 2026-03-09 Pending — NTREIS
- 2026-02-18 Price Changed $250,000 NTREIS
- 2026-01-16 Price Changed $255,000 NTREIS
- 2025-12-16 Listed $260,000 NTREIS
- 2020-06-15 Sold (Public Records) — Public Records
- 2020-06-11 Sold (MLS) — NTREIS
- 2020-05-18 Pending — NTREIS
- 2020-05-10 Contingent — NTREIS
- 2020-05-09 Relisted — NTREIS
- 2020-05-01 Contingent — NTREIS
- 2020-04-22 Price Changed $159,800 NTREIS
- 2020-04-19 Listed $159,900 NTREIS
- 2020-03-10 Sold (Public Records) — Public Records
- 2010-06-29 Listing Removed — NTREIS
- 2010-06-18 Listed $36,500 NTREIS
Property tax history
+7.2%/yrLatest (2025): $3,947 · +2.5% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…