201 E Coolidge Ave · Harlingen, TX 78550

$84,000

4 bd · 2.0 ba · 1,383 sqft · SingleFamily public records · 8 Days on market

Built 1948 10,500 sqft lot

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Why this score? — see what drove the B- 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Livability +3.7/5.0
• Rent growth +3.4/5.0
• Schools +2.5/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Look no further, this one won't last long! Nicely done, complete remodel gives this home a fresh, clean look!! Brand new tile throughout, freshly painted interior and exterior, all new windows, ceiling fans, LED lighting, new electrical and plumbing. Modern, custom cabinets in kitchen with granite countertops adds the perfect touch of elegance! Big bonus room towards the back of the home; includes washer/dryer hook ups and a 1/2 bath, can be used for entertaining or even as an extra bedroom. The backyard includes a covered patio, mature trees, and a shed! Call us or your agent to schedule a showing!

Key facts

• Covered patio
• Spacious lot
• 0.24 acre lot

Tags

• SINGLE STORY BRICK HOME
• COVERED PATIO
• CLOSE PROXIMITY TO SCHOOLS
• CLOSE PROXIMITY TO RESTAURANTS
• CLOSE PROXIMITY TO HIGHWAY
• SPACIOUS LOT

Property features AI

Exterior

• Utilities: Public water; Public sewer
• Home design: Single-family residence; 1 story
• Construction: Brick veneer construction
• Exterior features: Composition roof

Interior

• Flooring: Tile flooring
• Bathrooms: 1 full bathroom; 1 half bathroom
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Electric water heater

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $84k.

Deal economics

• At list price, monthly cash flow is $447 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $84k).
• Cap rate 12.7% vs local median 3.8% in Harlingen — 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 73/100 on livability (#217 in TX) — a middle-class / working-renter tenant base. Strengths: amenities A+, cost of living A+, housing A+; Watch: crime C-, commute F, employment F.
• Harlingen CISD (urban): math 25% / reading 35% proficiency, ranked #647 of 826 in TX (top 78%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 74% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Houston El (math 12% / reading 22%, grade F, #3,836 of 4,322 statewide, top 91%, 467 students, 90% FRL); Coakley Middle (math 22% / reading 33%, grade F, #1,156 of 1,662 statewide, top 71%, 660 students, 83% FRL); Harlingen H S - South (math 47% / reading 17%, grade F, #1,044 of 1,632 statewide, top 66%, 1,571 students, 75% FRL).
• Market conditions: Rents rising (+3.5%/yr); 465 active listings in the ZIP; 15 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 60% of comp listings sitting > 30 days — soft ceiling on asking rent; 2,326 units permitted in Cameron County in 2024 (503 in 5+ unit buildings).
• This rent runs 36% of the median local income ($49k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $581 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Cameron County population projected at +3% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 3.5% rent growth), your $24k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• Only 8 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts since 5y 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: property tax is 3.4% of price; built in 1948 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $84,000

Questions for the listing agent

1. Built in 1948 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
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. 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.
6. 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.
7. 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: 1.75% ✓
• Cap rate: 12.68%
• Cash-on-cash: 22.83%
• DSCR: 2.02
• GRM: 4.8

CMA / ARV

• ARV (on-the-fly): $229,578
• Comps found: 7

Show comp detail 7 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
210 E Cleveland Ave	0.40mi	3/2.0 (-1)	1,336 (-3%)	4mo	$159,900	$120	68
1421 6th Dr	0.45mi	4/2.0	1,504 (+9%)	8mo	$249,900	$166	58
514 Vanessa Cir	0.59mi	3/2.0 (-1)	1,521 (+10%)	9mo	$269,000	$177	44
2906 Brushy Ct	0.64mi	3/2.0 (-1)	1,256 (-9%)	12mo	$205,000	$163	40
3001 Brushy Ct	0.67mi	3/2.0 (-1)	1,233 (-11%)	18mo	$203,120	$165	31
806 E Buchanan St E	0.71mi	3/2.0 (-1)	1,256 (-9%)	24mo	$210,000	$167	27
3001 Tree Top Ct	0.73mi	3/2.0 (-1)	1,203 (-13%)	21mo	$210,000	$175	22

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 · 3.45% rent growth · sell at horizon

5-year hold

• IRR: 16.4%
• Equity multiple: 1.67×
• Total profit: $15,658
• Equity at exit: $12,525

10-year hold

• IRR: 25.4%
• Equity multiple: 3.28×
• Total profit: $53,519
• Equity at exit: $7,263

Cash invested: $23,520 (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 78550

• Rents YoY: 3.5%
• Active inventory: 465
• Price-to-rent: 4.8×

Monthly cashflow live

• Estimated rent: $1,469 high
• Mortgage (P&I): −$441
• Tax from tax record: −$238 /mo · $2,853/yr
• Insurance: −$35
• HOA: −$0
• Vacancy / Maint / Mgmt: −$309
• Net cashflow: $447

Break-even live

Break-even rent $903

Max offer price $84,000

Occupancy floor 65%

Sensitivity live

Price	-10% $495	-5% $471	+0% $447	+5% $424	+10% $400
Rent	-10% $331	-5% $389	+0% $447	+5% $505	+10% $564
Rate	-1.0pp $490	-0.5pp $469	base $447	+0.5pp $426	+1.0pp $404

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: $21,000
• Closing costs: $2,520
• Reserves months: —
• Total cash needed: —

Rent comps 15 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1604 Clinton St Unit 1 Harlingen, TX	3.0	2.0	1050	$1,495	$1.42	44d	1	0.29mi
1600 Clinton St Unit 1 Harlingen, TX	3.0	2.0	1050	$1,495	$1.42	44d	1	0.29mi
1704 Clinton St Unit 1 Harlingen, TX	3.0	2.0	1010	$1,495	$1.48	44d	1	0.30mi
813 W Arroyo Park Ln Apt B Harlingen, TX	3.0	2.5	1200	$1,300	$1.08	44d	1	0.38mi
3509 N Arroyo Park Ln Unit B Harlingen, TX	3.0	2.0	1244	$1,450	$1.17	44d	1	0.44mi
3701 N Arroyo Park Ln Unit 2 Harlingen, TX	3.0	2.5	1400	$1,400	$1.00	14d	1	0.50mi
3701 N Arroyo Park Ln #1 Harlingen, TX	4.0	3.5	1700	$1,500	$0.88	14d	1	0.50mi
606 W Taft Ave Harlingen, TX	3.0	2.0	1257	$1,200	$0.95	22d	1	0.54mi
1501 Sam Houston Dr Harlingen, TX	3.0	1.5	1216	$1,004	$0.83	45d	1	0.74mi
818 W Buchanan St Harlingen, TX	3.0	2.0	1406	$1,350	$0.96	44d	1	1.00mi
1119 W Garfield St Harlingen, TX	3.0	2.0	1401	$1,300	$0.93	22d	1	1.01mi
1809 Pease St Unit B Harlingen, TX	3.0	2.0	1442	$2,500	$1.73	44d	1	1.17mi
1902 E Tyler Ave Harlingen, TX	2.0–3.0	1.0–2.0	1007	$1,060	$1.05	14d	6	1.39mi
6306 Lancelot Harlingen, TX	3.0	2.0	1363	$1,499	$1.10	44d	1	1.40mi
2020 S 23rd St Harlingen, TX	3.0	1.0	961	$1,200	$1.25	22d	1	1.48mi

Listing history 15 events

1. 2026-06-17
   statusdays on market $84,000 Pending 8 DOM
2. 2026-05-20
   listed $84,000 Active
3. 2022-11-04
   soldstatus
4. 2022-11-03
   soldstatus Closed 606-char remark

   Show marketing remark (606 chars)

   Look no further, this one won't last long! Nicely done, complete remodel gives this home a fresh, clean look!! Brand new tile throughout, freshly painted interior and exterior, all new windows, ceiling fans, LED lighting, new electrical and plumbing. Modern, custom cabinets in kitchen with granite countertops adds the perfect touch of elegance! Big bonus room towards the back of the home; includes washer/dryer hook ups and a 1/2 bath, can be used for entertaining or even as an extra bedroom. The backyard includes a covered patio, mature trees, and a shed! Call us or your agent to schedule a showing!

5. 2022-10-06
   status Pending 606-char remark

   Show marketing remark (606 chars)

   Look no further, this one won't last long! Nicely done, complete remodel gives this home a fresh, clean look!! Brand new tile throughout, freshly painted interior and exterior, all new windows, ceiling fans, LED lighting, new electrical and plumbing. Modern, custom cabinets in kitchen with granite countertops adds the perfect touch of elegance! Big bonus room towards the back of the home; includes washer/dryer hook ups and a 1/2 bath, can be used for entertaining or even as an extra bedroom. The backyard includes a covered patio, mature trees, and a shed! Call us or your agent to schedule a showing!

6. 2022-09-19
   price $190,000 606-char remark

   Show marketing remark (606 chars)

   Look no further, this one won't last long! Nicely done, complete remodel gives this home a fresh, clean look!! Brand new tile throughout, freshly painted interior and exterior, all new windows, ceiling fans, LED lighting, new electrical and plumbing. Modern, custom cabinets in kitchen with granite countertops adds the perfect touch of elegance! Big bonus room towards the back of the home; includes washer/dryer hook ups and a 1/2 bath, can be used for entertaining or even as an extra bedroom. The backyard includes a covered patio, mature trees, and a shed! Call us or your agent to schedule a showing!

7. 2022-09-02
   price $199,000 606-char remark

   Show marketing remark (606 chars)

   Look no further, this one won't last long! Nicely done, complete remodel gives this home a fresh, clean look!! Brand new tile throughout, freshly painted interior and exterior, all new windows, ceiling fans, LED lighting, new electrical and plumbing. Modern, custom cabinets in kitchen with granite countertops adds the perfect touch of elegance! Big bonus room towards the back of the home; includes washer/dryer hook ups and a 1/2 bath, can be used for entertaining or even as an extra bedroom. The backyard includes a covered patio, mature trees, and a shed! Call us or your agent to schedule a showing!

8. 2022-08-25
   price $205,000 606-char remark

   Show marketing remark (606 chars)

   Look no further, this one won't last long! Nicely done, complete remodel gives this home a fresh, clean look!! Brand new tile throughout, freshly painted interior and exterior, all new windows, ceiling fans, LED lighting, new electrical and plumbing. Modern, custom cabinets in kitchen with granite countertops adds the perfect touch of elegance! Big bonus room towards the back of the home; includes washer/dryer hook ups and a 1/2 bath, can be used for entertaining or even as an extra bedroom. The backyard includes a covered patio, mature trees, and a shed! Call us or your agent to schedule a showing!

9. 2022-08-23
   status Active 606-char remark

   Show marketing remark (606 chars)

   Look no further, this one won't last long! Nicely done, complete remodel gives this home a fresh, clean look!! Brand new tile throughout, freshly painted interior and exterior, all new windows, ceiling fans, LED lighting, new electrical and plumbing. Modern, custom cabinets in kitchen with granite countertops adds the perfect touch of elegance! Big bonus room towards the back of the home; includes washer/dryer hook ups and a 1/2 bath, can be used for entertaining or even as an extra bedroom. The backyard includes a covered patio, mature trees, and a shed! Call us or your agent to schedule a showing!

10. 2022-08-04
    price $210,000 606-char remark

    Show marketing remark (606 chars)

    Look no further, this one won't last long! Nicely done, complete remodel gives this home a fresh, clean look!! Brand new tile throughout, freshly painted interior and exterior, all new windows, ceiling fans, LED lighting, new electrical and plumbing. Modern, custom cabinets in kitchen with granite countertops adds the perfect touch of elegance! Big bonus room towards the back of the home; includes washer/dryer hook ups and a 1/2 bath, can be used for entertaining or even as an extra bedroom. The backyard includes a covered patio, mature trees, and a shed! Call us or your agent to schedule a showing!

11. 2022-07-24
    listed $215,000 Active 606-char remark

    Show marketing remark (606 chars)

    Look no further, this one won't last long! Nicely done, complete remodel gives this home a fresh, clean look!! Brand new tile throughout, freshly painted interior and exterior, all new windows, ceiling fans, LED lighting, new electrical and plumbing. Modern, custom cabinets in kitchen with granite countertops adds the perfect touch of elegance! Big bonus room towards the back of the home; includes washer/dryer hook ups and a 1/2 bath, can be used for entertaining or even as an extra bedroom. The backyard includes a covered patio, mature trees, and a shed! Call us or your agent to schedule a showing!

12. 2021-11-29
    soldstatus 67-char remark

    Show marketing remark (67 chars)

    Fixer uper , home in need of repairs being sold in as is condition.

13. 2021-11-24
    soldstatus
14. 2021-05-17
    listed $70,000 67-char remark

    Show marketing remark (67 chars)

    Fixer uper , home in need of repairs being sold in as is condition.

15. 1993-12-03
    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: $2,853 · $238/mo
• Projected year-2 tax: $2,853 · $238/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 (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥110°F today · 24 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 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: $17,631
• − Mortgage interest: −$4,705
• − Property taxes: −$2,853
• − Insurance: −$420
• − Repairs & maintenance: −$1,410
• − Management: −$1,410
• − Depreciation: −$2,444
• Taxable income: $4,388
• Est. tax owed @ 24.0%: −$1,053
• After-tax cash flow: $4,316/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: Harlingen CISD
• NCES district ID: 4822530
• Math proficiency: 25% ▼ -28.00%
• Reading proficiency: 35% ▼ -11.00%
• Median HH income: $37,182
• Composite: 24.94/100
• National rank: #7566
• State rank: #647 of 826 in TX

Livability — Harlingen

• Score: 73/100
• State rank: #217
• US rank: #5347

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Harlingen, TX
• County: Cameron County · 310,734 people
• City population: 95,667
• Metro: Brownsville-Harlingen, TX
• Population (ZIP): 53,335
• Household income: $49,007
• Rent vs Own: 49.5% rent · 50.5% own
• Severe rent burden: 2251.0

Population outlook (Cameron County) Hauer SSP2

• Today (2025): 441,603 people
• By 2030: 448,113 · +1.5%
• By 2040: 456,385 · +3.3%
• By 2050: 456,294 · +3.3%
• By 2075: 423,851 · -4.0%
• By 2100: 342,787 · -22.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Hispanic (83%)
• Race & ethnicity: Hispanic / Latino 83% Two or more races 29% White 14% Black 1%
• Hispanic origin (detail): Mexican 76%
• Common ancestry: Italian 1% Lithuanian 1%
• Foreign-born: 14% · Canada
• Languages at home: 51% English-only · Spanish 48%

Political lean MEDSL · Cameron

• 2024 margin: Lean R (+5.8) · D 46.7% · R 52.5%
• 2008→2024 swing: -34.6pp toward R · 2008: 28.8pp · 2024: -5.8pp
• All cycles: 2024: R+5.8 2020: D+13.2 2016: D+32.5 2012: D+32.4 2008: D+28.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -142.60%
• Current HPI: 167.7038
• Rent YoY: ▲ 3.45%
• Metro: Brownsville-Harlingen, 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

+20.0% since first listed

14 events — show timeline

• 2026-05-20 Listed $84,000 RGVMLS
• 2022-11-04 Sold (Public Records) — Public Records
• 2022-11-03 Sold (MLS) — RGVMLS
• 2022-10-06 Pending — RGVMLS
• 2022-09-19 Price Changed $190,000 RGVMLS
• 2022-09-02 Price Changed $199,000 RGVMLS
• 2022-08-25 Price Changed $205,000 RGVMLS
• 2022-08-23 Relisted — RGVMLS
• 2022-08-04 Price Changed $210,000 RGVMLS
• 2022-07-24 Listed $215,000 RGVMLS
• 2021-11-29 Sold (MLS) — RGVMLS
• 2021-11-24 Sold (Public Records) — Public Records
• 2021-05-17 Listed $70,000 RGVMLS
• 1993-12-03 Sold (Public Records) — Public Records

Property tax history

+7.3%/yr

Latest (2025): $2,853 · -5.1% YoY. Source: county tax records.