143 County Road 2414 · Hull, TX 77564

$132,500

3 bd · 2.0 ba · 924 sqft · Manufactured · 104 Days on market

Built 2024 7,501 sqft lot

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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 +18.4/30.0
• ARV discount +7.5/15.0
• DSCR +5.8/10.0
• Appreciation +5.0/10.0
• 1% rule +4.9/10.0
• Schools +3.1/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Livability +2.1/5.0

Listing remarks MLS

Welcome to this brand-new 2024 mobile home located in Hull! This never-lived-in 3-bedroom, 2-bath home sits on a spacious corner lot and is ready for a new family to start making memories. Featuring a modern layout with an open-concept living and kitchen area, this home offers comfortable living with plenty of natural light and functional space for everyday life. Home is generator ready which we know is a plus in Texas. Whether you’re looking for a peaceful country getaway, a weekend retreat, or a smart investment opportunity, this property checks all the boxes. The generous lot provides room for outdoor entertaining, family gatherings, or future additions. With its move-in-ready condition and strong rental potential, this home also presents a great opportunity for those seeking additional income or a long-term investment.

Key facts

• Generator ready
• Open-concept living
• Corner lot

Tags

• CORNER LOT
• GENERATOR READY
• OPEN-CONCEPT LIVING
• MOVE-IN-READY CONDITION
• STRONG RENTAL POTENTIAL

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $132k.

Deal economics

• At list price, monthly cash flow is $57 ($687/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $132k (0.7% below list).
• Recommended offer: $121k (9.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 41/100 on livability (#1,599 in TX) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, crime A; Watch: schools F, amenities F, commute F.
• Hull-Daisetta ISD (rural): math 36% / reading 29% proficiency, ranked #949 of 1,141 in TX (top 83%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 64% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 41 active listings in the ZIP; 1,321 units permitted in Liberty County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $5k of equity ($916 loan paydown + $4k appreciation (3.0% local appreciation)).
• Liberty County population projected at +24% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (3.0% appreciation + 3.0% rent growth), your $37k cash investment doubles in ~6 years — after that, you're playing with house money.
• By year 7, paydown + projected appreciation supports a ~$31k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 104 days — a 9% lower offer ($121k) is reasonable based on typical stale-listing flexibility.
• 12 sale attempts since 21y 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

• Watch-outs: flood insurance adds $66/mo.
• Climate carrying-cost: major flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $120,575 (9.0% below list)

Questions for the listing agent

1. It's been on market 104 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are F-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: 0.99% ✗
• Cap rate: 7.41%
• Cash-on-cash: 4.00%
• DSCR: 1.18
• GRM: 8.4

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: 9.3%
• Equity multiple: 1.53×
• Total profit: $19,669
• Equity at exit: $59,578

10-year hold

• IRR: 11.7%
• Equity multiple: 2.75×
• Total profit: $65,013
• Equity at exit: $91,816

Cash invested: $37,100 (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.

Methodology + full state rankings →

ZIP-level market 77564

• Active inventory: 41
• Price-to-rent: 8.4×

Monthly cashflow live

• Estimated rent: $1,316 medium
• Mortgage (P&I): −$695
• Tax est. 1.5%: −$166 /mo · $1,988/yr
• Insurance: −$55
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$276
• Net cashflow: $57

Break-even live

Break-even rent $1,243

Max offer price $132,500

Occupancy floor 91%

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: $33,125
• Closing costs: $3,975
• Reserves months: —
• Total cash needed: —

Listing history 46 events

1. 2026-06-18
   days on market $132,500 Active 104 DOM
2. 2026-06-17
   days on market $132,500 Active 103 DOM
3. 2026-06-16
   days on market $132,500 Active 102 DOM
4. 2026-06-15
   days on market $132,500 Active 101 DOM
5. 2026-06-13
   days on market $132,500 Active 99 DOM
6. 2026-06-12
   days on market $132,500 Active 98 DOM
7. 2026-06-10
   days on market $132,500 Active 95 DOM
8. 2026-06-08
   days on market $132,500 Active 94 DOM
9. 2026-06-08
   days on market $132,500 Active 93 DOM
10. 2026-06-05
    days on market $132,500 Active 91 DOM
11. 2026-06-03
    days on market $132,500 Active 89 DOM
12. 2026-06-02
    days on market $132,500 Active 88 DOM
13. 2026-06-01
    days on market $132,500 Active 87 DOM
14. 2026-05-31
    days on market $132,500 Active 86 DOM
15. 2026-05-08
    price $132,500 842-char remark

    Show marketing remark (842 chars)

    Welcome to this brand-new 2024 mobile home located in Hull! This never-lived-in 3-bedroom, 2-bath home sits on a spacious corner lot and is ready for a new family to start making memories. Featuring a modern layout with an open-concept living and kitchen area, this home offers comfortable living with plenty of natural light and functional space for everyday life. Home is generator ready which we know is a plus in Texas. Whether you’re looking for a peaceful country getaway, a weekend retreat, or a smart investment opportunity, this property checks all the boxes. The generous lot provides room for outdoor entertaining, family gatherings, or future additions. With its move-in-ready condition and strong rental potential, this home also presents a great opportunity for those seeking additional income or a long-term investment.

16. 2026-03-06
    listed $135,000 Active 842-char remark

    Show marketing remark (842 chars)

    Welcome to this brand-new 2024 mobile home located in Hull! This never-lived-in 3-bedroom, 2-bath home sits on a spacious corner lot and is ready for a new family to start making memories. Featuring a modern layout with an open-concept living and kitchen area, this home offers comfortable living with plenty of natural light and functional space for everyday life. Home is generator ready which we know is a plus in Texas. Whether you’re looking for a peaceful country getaway, a weekend retreat, or a smart investment opportunity, this property checks all the boxes. The generous lot provides room for outdoor entertaining, family gatherings, or future additions. With its move-in-ready condition and strong rental potential, this home also presents a great opportunity for those seeking additional income or a long-term investment.

17. 2025-11-20
    soldstatus
18. 2025-10-31
    historical
19. 2025-09-03
    status Active
20. 2025-08-31
    historical
21. 2025-08-21
    price $129,990
22. 2025-02-07
    price $165,000
23. 2024-12-09
    listed $180,000 Active
24. 2024-12-06
    historical
25. 2024-12-05
    listed $235,000 Active
26. 2023-06-21
    soldstatus
27. 2023-06-16
    soldstatus Sold
28. 2023-06-07
    status Pending
29. 2023-05-18
    listed $87,000 Active
30. 2010-05-25
    soldstatus
31. 2010-05-24
    soldstatus
32. 2010-05-14
    historical
33. 2010-02-13
    listed $15,000
34. 2008-12-08
    soldstatus
35. 2008-11-25
    historical
36. 2008-04-14
    listed $6,000
37. 2007-05-07
    historical
38. 2007-02-07
    listed $19,900
39. 2006-12-05
    historical
40. 2006-09-18
    listed $19,900
41. 2006-08-31
    historical
42. 2006-03-14
    listed $19,900
43. 2005-09-15
    historical
44. 2005-08-01
    listed $24,900
45. 2005-05-30
    historical
46. 2005-02-21
    listed $24,900

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

Climate risk First Street

• 🌊 Flood 7/10 Severe FEMA zone X (unshaded) · 99% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 9/10 Extreme 7 d/yr ≥111°F today · 25 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

Taxation est. · year 1

• Rental income: $15,788
• − Mortgage interest: −$7,422
• − Property taxes: −$1,988
• − Insurance: −$1,460
• − Repairs & maintenance: −$1,263
• − Management: −$1,263
• − Depreciation: −$3,855
• Taxable loss: −$1,462
• Est. tax savings @ 24.0%: +$351
• After-tax cash flow: $1,038/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: Hull-Daisetta ISD
• NCES district ID: 4823880
• Math proficiency: 36% ▲ 2.00%
• Reading proficiency: 29% ▲ 1.00%
• Median HH income: $46,028
• Composite: 30.64/100
• National rank: #11445
• State rank: #949 of 1141 in TX

Livability — Hull

• Score: 41/100
• State rank: #1599
• US rank: #27213

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Hull, TX
• Population (ZIP): 1,876

Population outlook (Liberty County) Hauer SSP2

• Today (2025): 87,956 people
• By 2030: 92,161 · +4.8%
• By 2040: 100,784 · +14.6%
• By 2050: 109,471 · +24.5%
• By 2075: 133,470 · +51.7%
• By 2100: 147,372 · +67.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (84%)
• Race & ethnicity: White 84% Hispanic / Latino 13% Two or more races 3%
• Hispanic origin (detail): Mexican 12%
• Common ancestry: Lithuanian 12% Iranian 3% Slovak 3%
• Foreign-born: 1% · Canada, China
• Languages at home: 93% English-only · Spanish 6%

Political lean MEDSL · Liberty

• 2024 margin: Solid R (+61.6) · D 19.0% · R 80.6%
• 2008→2024 swing: -17.9pp toward R · 2008: -43.7pp · 2024: -61.6pp
• All cycles: 2024: R+61.6 2020: R+59.7 2016: R+58.0 2012: R+53.3 2008: R+43.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: —
• Current HPI: —
• 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
▸Healthcare	2	$330B

Price history

+432.1% since first listed

32 events — show timeline

• 2026-05-08 Price Changed $132,500 HARMLS
• 2026-03-06 Listed $135,000 HARMLS
• 2025-11-20 Sold (Public Records) — Public Records
• 2025-10-31 Listing Removed — HARMLS
• 2025-09-03 Relisted — HARMLS
• 2025-08-31 Listing Removed — HARMLS
• 2025-08-21 Price Changed $129,990 HARMLS
• 2025-02-07 Price Changed $165,000 HARMLS
• 2024-12-09 Listed $180,000 HARMLS
• 2024-12-06 Listing Removed — HARMLS
• 2024-12-05 Listed $235,000 HARMLS
• 2023-06-21 Sold (Public Records) — Public Records
• 2023-06-16 Sold (MLS) — HARMLS
• 2023-06-07 Pending — HARMLS
• 2023-05-18 Listed $87,000 HARMLS
• 2010-05-25 Sold (Public Records) — Public Records
• 2010-05-24 Sold (MLS) — HARMLS
• 2010-05-14 Listing Removed — HARMLS
• 2010-02-13 Listed $15,000 HARMLS
• 2008-12-08 Sold (MLS) — HARMLS
• 2008-11-25 Listing Removed — HARMLS
• 2008-04-14 Listed $6,000 HARMLS
• 2007-05-07 Listing Removed — HARMLS
• 2007-02-07 Listed $19,900 HARMLS
• 2006-12-05 Listing Removed — HARMLS
• 2006-09-18 Listed $19,900 HARMLS
• 2006-08-31 Listing Removed — HARMLS
• 2006-03-14 Listed $19,900 HARMLS
• 2005-09-15 Listing Removed — HARMLS
• 2005-08-01 Listed $24,900 HARMLS
• 2005-05-30 Listing Removed — HARMLS
• 2005-02-21 Listed $24,900 HARMLS

Property tax history

-20.6%/yr

Latest (2025): $68 · -89.1% YoY. Source: county tax records.