1107 S 34th Dr S · Hidalgo, TX 78557

$139,000

3 bd · 2.0 ba · 1,239 sqft · SingleFamily public records · 48 Days on market

Built 2006 6,300 sqft lot Est $202k · 31% under ↓ 10% since listing

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Why this score? — see what drove the A- 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 +29.3/30.0
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• Appreciation +10.0/10.0
• 1% rule +9.0/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Schools +2.5/10.0
• Condition / age +2.5/5.0

Listing remarks

Subject to lender approval. Short sale. Opportunity awaits in Valle Alto East Phase 3! This 3-bedroom, 2.5-bath home in Hidalgo offers great potential with an open-concept layout, a spacious living area, and a covered back patio perfect for entertaining. The garage features a half bathroom and patio doors—making it ideal for conversion into a bonus room or guest space. While the home does need cosmetic updates, it’s a solid canvas for investors or buyers looking to customize. Short sale—property sold as-is. Don’t miss this value-packed chance to build equity or expand your rental portfolio!

Key facts

• Patio doors
• Spacious living area
• Covered back patio

Tags

• OPEN-CONCEPT LAYOUT
• SPACIOUS LIVING AREA
• COVERED BACK PATIO
• GARAGE FEATURES HALF BATHROOM
• PATIO DOORS

Property features AI

Finance

• HOA & community: No homeowners association; Community sidewalks

Exterior

• Parking: Attached garage (1-car); 1 total covered parking space; Garage faces front
• Utilities: City sewer; Cable available
• Home design: Siding exterior
• Construction: Shingle roof; Slab foundation; Siding construction
• Exterior features: Wood fencing; Covered patio and patio slab; Patio; Mature trees; Sidewalks; Paved road access

Interior

• Kitchen: Refrigerator; Electric stove/range (coil)
• Bedrooms: Master bedroom with walk-in closet
• Flooring: Laminate; Tile
• Bathrooms: 2 full bathrooms; 1 half bathroom
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Quartz countertops; Ceiling fans; Double pane windows; Mini blinds
• Laundry & utility: Washer and dryer included; Laundry room with washer/dryer connection; Electric water heater

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $139k.

Deal economics

• At list price, monthly cash flow is $490 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $139k).
• Recommended offer: $135k (3.0% below list) — sets the bar for market timing.
• Cap rate 10.5% vs local median 4.2% in Hidalgo — 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 68/100 on livability (#488 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A-; Watch: amenities F, commute F, employment F.
• Valley View ISD (suburban): math 24% / reading 38% proficiency, ranked #631 of 826 in TX (top 76%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 85% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Valley View El (math 32% / reading 37%, grade F, #1,995 of 4,322 statewide, top 50%, 412 students, 96% FRL); Valley View J H (math 23% / reading 35%, grade F, #1,103 of 1,662 statewide, top 67%, 483 students, 95% FRL); Valley View H S (math 12% / reading 47%, grade F, #1,112 of 1,632 statewide, top 70%, 1,170 students, 96% FRL).
• Market conditions: 98 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 7,378 units permitted in Hidalgo County in 2024 (641 in 5+ unit buildings).

Forward outlook

• In year one you build about $15k of equity ($961 loan paydown + $14k appreciation (10.0% local appreciation)).
• Hidalgo County population projected at +28% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (10.0% appreciation + 3.0% rent growth), your $39k cash investment doubles in ~2 years — after that, you're playing with house money.
• By year 3, paydown + projected appreciation supports a ~$38k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 48 days — a 3% lower offer ($135k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 3y 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: severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $134,830 (3.0% below list)

Questions for the listing agent

1. It's been on market 48 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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.
5. 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.
6. 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: 1.40% ✓
• Cap rate: 10.52%
• Cash-on-cash: 15.10%
• DSCR: 1.67
• GRM: 5.9

CMA / ARV

• ARV (on-the-fly): $201,957
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3009 Laurel St	0.25mi	3/2.0	1,250 (+1%)	6mo	$234,000	$187	82
1305 N Sabinas St	0.22mi	3/2.0	1,403 (+13%)	3mo	$185,000	$132	66
2908 Monterrey St	0.62mi	3/2.0	1,263 (+2%)	11mo	$155,000	$123	59
2900 E Palo Blanco St	0.42mi	3/2.5	1,348 (+9%)	6mo	$232,900	$173	58
2703 Torreon St	0.57mi	3/2.0	1,371 (+11%)	2mo	$239,000	$174	55
3000 Jarilla Ave	0.31mi	3/2.0	1,392 (+12%)	14mo	$173,000	$124	54
2406 Victoria St	0.72mi	3/1.5	1,275 (+3%)	12mo	$208,000	$163	49
309 Sabinas St	0.56mi	3/2.0	1,344 (+8%)	18mo	$175,000	$130	44
2911 E Palo Blanco Ave	0.40mi	3/2.5	1,415 (+14%)	14mo	$227,900	$161	44
2601 E Retama St	0.66mi	3/2.0	1,378 (+11%)	11mo	$254,900	$185	41
2513 Q St	0.69mi	3/2.0	1,347 (+9%)	15mo	$215,000	$160	41
2905 E Zarzamora Ave	0.66mi	3/2.5	1,401 (+13%)	13mo	$250,000	$178	35

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 35.5%
• Equity multiple: 3.75×
• Total profit: $106,974
• Equity at exit: $125,222

10-year hold

• IRR: 30.5%
• Equity multiple: 8.47×
• Total profit: $290,666
• Equity at exit: $270,046

Cash invested: $38,920 (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 78557

• Home prices YoY: 17.9%
• Active inventory: 98
• Price-to-rent: 5.9×

Monthly cashflow live

• Estimated rent: $1,950 medium
• Mortgage (P&I): −$729
• Tax from tax record: −$264 /mo · $3,168/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$410
• Net cashflow: $490

Break-even live

Break-even rent $1,330

Max offer price $139,000

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: $34,750
• Closing costs: $4,170
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2304 E Tamarindo Ave Hidalgo, TX	3.0	2.0	1442	$1,950	$1.35	23d	1	0.99mi

Listing history 14 events

1. 2026-05-11
   status Pending
2. 2026-03-23
   listed $139,000 Active
3. 2026-02-16
   price $139,000
4. 2026-01-24
   listed $144,000 Active
5. 2023-12-07
   soldstatus
6. 2023-12-07
   soldstatus
7. 2023-12-06
   soldstatus Sold
8. 2023-10-20
   status Pending
9. 2023-10-20
   price $158,000
10. 2023-09-29
    listed $154,000 Active
11. 2023-09-27
    price $154,000
12. 2023-09-27
    historical $135,000
13. 2023-09-25
    listed $154,998 Active
14. 2017-12-14
    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: $3,168 · $264/mo
• Projected year-2 tax: $3,168 · $264/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 (shaded) · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 9/10 Extreme 7 d/yr ≥111°F today · 22 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,400
• − Mortgage interest: −$7,786
• − Property taxes: −$3,168
• − Insurance: −$695
• − Repairs & maintenance: −$1,872
• − Management: −$1,872
• − Depreciation: −$4,044
• Taxable income: $3,963
• Est. tax owed @ 24.0%: −$951
• After-tax cash flow: $4,925/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: Valley View ISD
• NCES district ID: 4843800
• Math proficiency: 24% ▼ -42.00%
• Reading proficiency: 38% ▼ -16.00%
• Median HH income: $33,158
• Composite: 25.37/100
• National rank: #7473
• State rank: #631 of 826 in TX

Livability — Hidalgo

• Score: 68/100
• State rank: #488
• US rank: #9681

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Hidalgo, TX
• City population: 14,250
• Population (ZIP): 14,250

Population outlook (Hidalgo County) Hauer SSP2

• Today (2025): 955,232 people
• By 2030: 1,009,774 · +5.7%
• By 2040: 1,120,332 · +17.3%
• By 2050: 1,225,036 · +28.2%
• By 2075: 1,439,189 · +50.7%
• By 2100: 1,533,429 · +60.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Hispanic (99%)
• Race & ethnicity: Hispanic / Latino 99% Two or more races 47%
• Hispanic origin (detail): Mexican 93%
• Foreign-born: 39% · Canada
• Languages at home: 6% English-only · Spanish 94%

Political lean MEDSL · Hidalgo

• 2024 margin: Toss-up / Even · D 48.1% · R 51.0%
• 2008→2024 swing: -41.6pp toward R · 2008: 38.7pp · 2024: -2.9pp
• All cycles: 2024: R+2.9 2020: D+17.1 2016: D+40.5 2012: D+41.8 2008: D+38.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 34.26%
• Current HPI: 225.701
• 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

-10.3% since first listed

14 events — show timeline

• 2026-05-11 Pending — MCALLENMLS
• 2026-03-23 Listed $139,000 MCALLENMLS
• 2026-02-16 Price Changed $139,000 MCALLENMLS
• 2026-01-24 Listed $144,000 MCALLENMLS
• 2023-12-07 Sold (Public Records) — Public Records
• 2023-12-07 Sold (Public Records) — Public Records
• 2023-12-06 Sold (MLS) — HARMLS
• 2023-10-20 Pending — HARMLS
• 2023-10-20 Price Changed $158,000 HARMLS
• 2023-09-29 Listed $154,000 HARMLS
• 2023-09-27 Price Changed $154,000 HARMLS
• 2023-09-27 Coming Soon $135,000 HARMLS
• 2023-09-25 Listed $154,998 MCALLENMLS
• 2017-12-14 Sold (Public Records) — Public Records

Property tax history

+3.7%/yr

Latest (2025): $3,168 · +0.4% YoY. Source: county tax records.