224 W Santa Gertrudis St · Kingsville, TX 78363

$109,000

3 bd · 2.0 ba · 1,080 sqft · SingleFamily public records · 22 Days on market

Built 1950 7,000 sqft lot Est $127k · 14% under ↓ 9% since listing

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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 +23.2/30.0
• ARV discount +14.0/15.0
• DSCR +7.5/10.0
• 1% rule +6.8/10.0
• Rent growth +4.3/5.0
• Livability +3.5/5.0
• Condition / age +2.5/5.0
• Schools +1.5/10.0
• Appreciation +0.0/10.0

Listing remarks

Opportunity awaits in the heart of Kingsville, Texas! Located just minutes from Texas A & M University-Kingsville, this 3-bedroom, 2-bath home is full of potential and ready for your personal touch. Whether you’re looking for an investment property, rental opportunity, or a place to make your own, this diamond in the rough offers endless possibilities. The home features a functional layout, spacious living areas, and a location that’s hard to beat. Situated near the university, shopping, dining, and everyday conveniences, this property is ideal for buyers looking to add value in a growing area. With a little vision and TLC, this could truly shine. Don’t miss the chance

Key facts

• Investment property
• Growing area
• Rental opportunity

Tags

• NEAR TEXAS A & M UNIVERSITY
• INVESTMENT PROPERTY
• RENTAL OPPORTUNITY
• SPACIOUS LIVING AREAS
• GROWING AREA

Property features AI

Finance

• HOA & community: Short-term rentals allowed; Common grounds/area

Exterior

• Parking: Front entry parking; Rear/side/off-street parking
• Security: Smoke detectors
• Utilities: Natural gas available; Water available (public); Public sewer; Sewer available; Overhead utilities; Underground utilities; Separate meters
• Home design: Single-story home; Shingle roof; Pillar/post/pier foundation
• Construction: Block and concrete construction; Shingle siding; Wood siding; Built with pillar/post/pier foundation
• Exterior features: Landscaped yard; Open patio; Patio area; Storage; Workshop; Chain link and wood fencing

Interior

• Bedrooms: Primary bedroom located downstairs
• Flooring: Vinyl flooring
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: One common wall; Primary bedroom on the downstairs level; Split bedroom layout; Cable TV available
• Laundry & utility: Washer hookup; Dryer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $109k.

Deal economics

• At list price, monthly cash flow is $198 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $109k).
• Recommended offer: $107k (1.5% below list) — sets the bar for market timing.
• Cap rate 8.5% vs local median 5.4% in Kingsville — 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 70/100 on livability (#364 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: schools D+, employment D, amenities F.
• Kingsville ISD (town): math 13% / reading 22% proficiency, ranked #800 of 826 in TX (top 97%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 71% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+7.2%/yr); 216 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 57% of comp listings sitting > 30 days — soft ceiling on asking rent; 24 units permitted in Kleberg County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $754 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Kleberg County population projected at +9% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 7.2% rent growth), your $31k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 22 days — a 2% lower offer ($107k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 2y 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: built in 1950 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $107,365 (1.5% below list)

Questions for the listing agent

1. Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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: 1.18% ✓
• Cap rate: 8.47%
• Cash-on-cash: 7.77%
• DSCR: 1.35
• GRM: 7.1

CMA / ARV

• ARV (on-the-fly): $127,440
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
327 E B Ave	0.41mi	3/1.0	1,056 (-2%)	4mo	$70,000	$66	70
503 N 2nd St	0.25mi	3/2.0	1,188 (+10%)	9mo	$42,500	$36	64
202 W Ave D	0.43mi	2/1.0 (-1)	1,036 (-4%)	8mo	$64,500	$62	58
710 W King Ave	0.63mi	2/1.0 (-1)	1,120 (+4%)	6mo	$105,000	$94	50
907 W Alice	0.61mi	3/1.0	1,156 (+7%)	12mo	$145,000	$125	46
815 E Santa Gertrudis	0.73mi	3/1.0	1,074 (-1%)	19mo	$38,000	$35	45
527 W Avenue C	0.40mi	3/2.0	961 (-11%)	23mo	$136,300	$142	44
722 E Yoakum Ave	0.75mi	3/3.0	1,109 (+3%)	23mo	$169,900	$153	37
923 N Lantana Dr	0.69mi	3/1.0	948 (-12%)	12mo	$137,900	$145	34
924 W Lee Ave	0.67mi	2/1.0 (-1)	1,190 (+10%)	23mo	$140,000	$118	24
602 E Ella Ave	0.53mi	2/1.0 (-1)	920 (-15%)	23mo	$40,000	$43	22
932 N Lantana Dr	0.69mi	2/1.0 (-1)	944 (-13%)	21mo	$139,900	$148	20

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 · 7.18% rent growth · sell at horizon

5-year hold

• IRR: 0.5%
• Equity multiple: 1.02×
• Total profit: $603
• Equity at exit: $16,252

10-year hold

• IRR: 14.2%
• Equity multiple: 2.38×
• Total profit: $42,114
• Equity at exit: $9,424

Cash invested: $30,520 (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 78363

• Rents YoY: 7.2%
• Active inventory: 216
• Price-to-rent: 7.1×

Monthly cashflow live

• Estimated rent: $1,283 high
• Mortgage (P&I): −$572
• Tax from tax record: −$199 /mo · $2,385/yr
• Insurance: −$45
• HOA: −$0
• Vacancy / Maint / Mgmt: −$269
• Net cashflow: $198

Break-even live

Break-even rent $1,033

Max offer price $109,000

Occupancy floor 80%

Sensitivity live

Price	-10% $259	-5% $228	+0% $198	+5% $167	+10% $136
Rent	-10% $96	-5% $147	+0% $198	+5% $248	+10% $299
Rate	-1.0pp $252	-0.5pp $225	base $198	+0.5pp $169	+1.0pp $141

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: $27,250
• Closing costs: $3,270
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
503 W Mesquite Ave Kingsville, TX	3.0	2.0	1400	$1,500	$1.07	14d	1	0.50mi
704 W Corral Ave Unit 402 Kingsville, TX	2.0	1.0	935	$895	$0.96	44d	1	0.68mi
704 W Corral Ave Unit 503 Kingsville, TX	2.0	1.0	935	$995	$1.06	44d	1	0.68mi
704 W Corral Ave Kingsville, TX	2.0	1.0	935	$865	$0.93	44d	1	0.70mi
704 W Corral Ave Kingsville, TX	1.0–2.0	1.0	814	$995	$1.22	3d	7	0.70mi
710 E C Ave Kingsville, TX	3.0	2.0	1248	$1,250	$1.00	14d	1	0.72mi
908 E Doddridge Ave Kingsville, TX	3.0	1.0	1100	$850	$0.77	44d	1	1.20mi

Listing history 22 events

1. 2026-06-19
   days on market $109,000 Active 22 DOM
2. 2026-06-18
   days on market $109,000 Active 21 DOM
3. 2026-06-17
   days on market $109,000 Active 20 DOM
4. 2026-06-16
   days on market $109,000 Active 19 DOM
5. 2026-06-15
   days on market $109,000 Active 18 DOM
6. 2026-06-14
   days on market $109,000 Active 16 DOM
7. 2026-06-12
   days on market $109,000 Active 15 DOM
8. 2026-06-09
   days on market $109,000 Active 12 DOM
9. 2026-06-08
   days on market $109,000 Active 11 DOM
10. 2026-06-07
    days on market $109,000 Active 10 DOM
11. 2026-06-05
    days on market $109,000 Active 7 DOM
12. 2026-06-03
    days on market $109,000 Active 6 DOM
13. 2026-06-02
    days on market $109,000 Active 5 DOM
14. 2026-06-01
    days on market $109,000 Active 4 DOM
15. 2026-05-31
    days on market $109,000 Active 3 DOM
16. 2026-05-30
    days on market $109,000 Active 2 DOM
17. 2026-05-28
    listed $109,000 Active
18. 2024-05-07
    listed $120,000 Active
19. 2022-08-08
    soldstatus
20. 2021-12-15
    soldstatus
21. 2011-12-14
    soldstatus
22. 2008-03-05
    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: $2,385 · $199/mo
• Projected year-2 tax: $2,385 · $199/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 · 21 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: $15,393
• − Mortgage interest: −$6,106
• − Property taxes: −$2,385
• − Insurance: −$545
• − Repairs & maintenance: −$1,231
• − Management: −$1,231
• − Depreciation: −$3,171
• Taxable income: $724
• Est. tax owed @ 24.0%: −$174
• After-tax cash flow: $2,198/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: Kingsville ISD
• NCES district ID: 4825680
• Math proficiency: 13% ▼ -22.00%
• Reading proficiency: 22% ▼ -7.00%
• Median HH income: $36,308
• Composite: 14.5/100
• National rank: #9425
• State rank: #800 of 826 in TX

Livability — Kingsville

• Score: 70/100
• State rank: #364
• US rank: #7787

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Kingsville, TX
• County: Kleberg County · 28,920 people
• City population: 28,920
• Metro: Kingsville, TX
• Population (ZIP): 28,920
• Household income: $60,574
• Rent vs Own: 49.3% rent · 50.7% own
• Severe rent burden: 1663.0

Population outlook (Kleberg County) Hauer SSP2

• Today (2025): 31,615 people
• By 2030: 32,054 · +1.4%
• By 2040: 33,008 · +4.4%
• By 2050: 34,536 · +9.2%
• By 2075: 40,931 · +29.5%
• By 2100: 46,001 · +45.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Hispanic (72%)
• Race & ethnicity: Hispanic / Latino 72% Two or more races 36% White 20% Black 3% Asian 1% Native American 1%
• Hispanic origin (detail): Mexican 67%
• Common ancestry: Italian 2% Slovak 1% Portuguese 1%
• Foreign-born: 7% · Canada, China
• Languages at home: 65% English-only · Spanish 32% Other Indo-European 1%

Political lean MEDSL · Kleberg

• 2024 margin: R (+12.7) · D 43.3% · R 56.1%
• 2008→2024 swing: -20.0pp toward R · 2008: 7.2pp · 2024: -12.7pp
• All cycles: 2024: R+12.7 2020: R+1.7 2016: D+3.7 2012: D+7.8 2008: D+7.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -87.12%
• Current HPI: 147.6473
• Rent YoY: ▲ 7.18%
• Metro: Kingsville, TX
• 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

-9.2% since first listed

6 events — show timeline

• 2026-05-28 Listed $109,000 CBMLS
• 2024-05-07 Listed $120,000 CBMLS
• 2022-08-08 Sold (Public Records) — Public Records
• 2021-12-15 Sold (Public Records) — Public Records
• 2011-12-14 Sold (Public Records) — Public Records
• 2008-03-05 Sold (Public Records) — Public Records

Property tax history

+8.2%/yr

Latest (2025): $2,385 · +19.7% YoY. Source: county tax records.