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5704 Providence Ave Unit A
D+ Composite 45.85
Why this score? — see what drove the D+ 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).

  • ARV discount +11.2/15.0
  • Cash flow +10.4/30.0
  • Schools +5.5/10.0
  • Condition / age +4.8/5.0
  • 1% rule +4.1/10.0
  • Livability +3.8/5.0
  • Rent growth +3.1/5.0
  • DSCR +3.0/10.0
  • Appreciation +0.0/10.0

$159,000

5704 Providence Ave Unit A · McAllen, TX 78504
2 bd · 2.0 ba · 1,008 sqft · SingleFamily · 107 Days on market
Built 2026 Excellent condition 9,940 sqft lot $158/sqft · 8% below area Est $173k · 8% under $130/mo HOA · 9% of rent ↓ 6% since listing

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks

Welcome to a revolutionary new living experience right here in the city of McAllen, where modern design meets unparalleled convenience. We’re thrilled to introduce you to a first-of-its-kind project that combines luxury, efficiency, and affordability. Located in the sought-after Sharyland ISD, with access to amazing school districts, this is the perfect setting for anyone looking to reside within top-tier education district. Designed by a highly celebrated design group, each home in our subdivision is crafted for optimum efficiency with the finest quality finishes. Imagine living in a space where every detail is curated for your comfort and lifestyle.

Key facts

  • Modern design
  • Private backyard
  • 9,940 sq ft lot

Tags

MODERN DESIGNUNPARALLELED CONVENIENCESOUGHT-AFTER SHARYLAND ISDFINEST QUALITY FINISHESPRIVATE BACKYARD

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/2.0-bath single-family listed at $159k. Condition is rated excellent.

Deal economics

  • At list price, monthly cash flow is $-84 ($-1k/yr) — negative.
  • To cash-flow at today's rent, offer at most $147k (7.6% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $145k (8.8% below list).
  • Recommended offer: $145k (9.0% below list) — sets the bar for market timing.
  • Cap rate 5.7% vs local median 3.9% in McAllen — 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 76/100 on livability (#119 in TX, #3,771 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: employment D, amenities F, commute F.
  • Mcallen ISD (urban): math 34% / reading 45% proficiency, ranked #440 of 826 in TX (top 53%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Blanca E Sanchez (math 42% / reading 42%, grade F, #1,335 of 4,322 statewide, top 33%, 515 students, 61% FRL); Michael E Fossum Middle (math 40% / reading 45%, grade D-, #553 of 1,662 statewide, top 34%, 780 students, 59% FRL); Mcallen H S (math 30% / reading 57%, grade F, #704 of 1,632 statewide, top 43%, 2,133 students, 63% FRL).
  • Market conditions: Rents rising (+2.6%/yr); 1064 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 71d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 58% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 7,378 units permitted in Hidalgo County in 2024 (641 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
  • Hidalgo County population projected at +28% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 107 days — a 9% lower offer ($145k) is reasonable based on typical stale-listing flexibility.
Recommended offer $144,690 (9.0% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. It's been on market 107 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
  7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  8. 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.
  9. 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.
  10. 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
0.91%
Cap rate
5.66%
Cash-on-cash
-2.26%
DSCR
0.90
GRM
9.1

CMA / ARV

ARV (median comp)
$173,052
List price
$159,000
Delta
-8.12%
Verdict
FAIR
Comps
20 within 1.0 mi
Show comp detail 11 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
5708 Providence Ave Unit A 0.14mi 2/2.0 1,050 (+4%) 10mo $181,000 $172 78
5800 Providence Ave Unit A 0.14mi 2/2.0 1,082 (+7%) 4mo $181,000 $167 78
9212 N 30th St 0.22mi 2/1.0 1,068 (+6%) 6mo $155,000 $145 70
9205 N 31st St 0.20mi 3/2.0 (+1) 1,092 (+8%) 4mo $165,000 $151 68
9216 N 31st St 0.19mi 3/2.0 (+1) 1,092 (+8%) 9mo $179,000 $164 65
9218 N 29th Ln 0.26mi 3/2.0 (+1) 1,083 (+7%) 11mo $186,000 $172 62
2905 Kingsborough Ave 0.37mi 3/2.0 (+1) 1,158 (+15%) 1mo $198,000 $171 52
3105 Indian Hills Ave 0.47mi 3/2.0 (+1) 1,158 (+15%) 2mo $180,000 $155 47
3300 Northgate Ln 0.22mi 3/1.0 (+1) 909 (-10%) 23mo $135,000 $149 45
8802 N 29th Ln 0.45mi 3/2.0 (+1) 1,144 (+14%) 9mo $179,000 $156 44
3013 Jefferson Ave 0.43mi 2/2.0 1,158 (+15%) 16mo $175,000 $151 42

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 · 2.57% rent growth · sell at horizon

5-year hold
IRR
-20.5%
Equity multiple
0.29×
Total profit
$-31,618
Equity at exit
$23,707
10-year hold
IRR
-14.6%
Equity multiple
0.18×
Total profit
$-36,524
Equity at exit
$13,747

Cash invested: $44,520 (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.
Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

For sale now
18 active · 3 under contract
Months of supply
27.0 mo (4%/mo absorbed)
Median asking
$181,000 ($167/sqft)
Median days on market
110 d
This list price
lowest-priced of the active set
ARV vs active asking
+2.5% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 78504

Home prices YoY
-29.4%
Rents YoY
2.6%
Active inventory
1064
Price-to-rent
9.1×

Monthly cashflow live

Estimated rent
$1,450 high interval (Pro) →
Mortgage (P&I)
$834
Tax est. 1.5%
$199 /mo · $2,385/yr
Insurance
$66
HOA
$130
Vacancy / Maint / Mgmt
$304
Net cashflow
$-84

Break-even live

Break-even rent $1,555
Max offer price $146,888
Occupancy floor

Sensitivity live

Price -10% $26 -5% $-29 +0% $-84 +5% $-139 +10% $-194
Rent -10% $-198 -5% $-141 +0% $-84 +5% $-26 +10% $31
Rate -1.0pp $-4 -0.5pp $-43 base $-84 +0.5pp $-125 +1.0pp $-167

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
$39,750
Closing costs
$4,770
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
3005 Rice Ave McAllen, TX 3.0 2.0 1254 $1,925 $1.54 15d 1 0.19mi
9205 N 31st St McAllen, TX 3.0 2.0 1092 $1,600 $1.47 15d 1 0.23mi
8914 N 29th Ln McAllen, TX 3.0 2.0 1165 $1,325 $1.14 93d 1 0.41mi
2900 Kilgore Ave McAllen, TX 3.0 2.0 1144 $1,400 $1.22 72d 1 0.42mi
8902 N 36th Ln McAllen, TX 3.0 2.0 1041 $1,300 $1.25 15d 1 0.44mi
4923 N 35th Ln McAllen, TX 2.0–4.0 2.0–2.5 1373 $1,690 $1.23 63d 11 0.48mi
4923 N 35th Ln McAllen, TX 2.0–4.0 2.0–2.5 1373 $1,740 $1.27 15d 26 0.48mi
8330 N 34th Ln McAllen, TX 2.0 3.0 1458 $2,250 $1.54 72d 1 0.66mi
8410 N 33rd Ln McAllen, TX 3.0 2.0 1390 $1,750 $1.26 15d 1 0.67mi
8406 N 33rd Ln McAllen, TX 3.0 2.0 1448 $1,950 $1.35 15d 1 0.68mi
3132 Zurich Ave McAllen, TX 3.0 2.0 1400 $1,900 $1.36 68d 1 0.69mi
5813 Northwestern Ave Unit 2 McAllen, TX 3.0 2.0 1000 $1,400 $1.40 93d 1 0.70mi
4401 N 6th St McAllen, TX 1.0–3.0 1.0–2.0 816 $1,196 $1.47 15d 2 0.78mi
3412 Duke Ave Unit 2 McAllen, TX 2.0 2.0 975 $1,800 $1.85 63d 1 0.81mi
3412 Duke Ave Unit 3 McAllen, TX 3.0 2.0 1180 $1,550 $1.31 15d 1 0.81mi
3416 Duke Ave Unit 1 McAllen, TX 2.0 2.0 980 $1,200 $1.22 15d 1 0.81mi
3500 Duke Ave Unit 4 McAllen, TX 3.0 2.0 1180 $1,550 $1.31 15d 1 0.81mi
3317 Duke Ave Unit 1 McAllen, TX 2.0 2.0 980 $1,200 $1.22 93d 1 0.81mi
3401 Duke Ave Unit 2 McAllen, TX 2.0 2.0 980 $1,200 $1.22 93d 1 0.82mi
3401 Duke Ave Unit 3 McAllen, TX 3.0 2.0 1180 $1,550 $1.31 15d 1 0.82mi
3401 Duke Ave Unit 3401 McAllen, TX 2.0 2.0 980 $1,250 $1.28 93d 1 0.83mi
3501 Duke Ave Unit 1 McAllen, TX 2.0 2.0 980 $1,200 $1.22 15d 1 0.84mi
3509 Duke Ave Unit 3509 McAllen, TX 2.0 2.0 980 $1,500 $1.53 15d 1 0.84mi
3501 Frio Ave Unit 1 McAllen, TX 2.0 2.0 1188 $900 $0.76 15d 1 0.91mi
11507 N 24th Ln Unit 1 McAllen, TX 2.0 2.0 918 $1,195 $1.30 93d 1 0.92mi
11403 N 24th Ln Unit 4 McAllen, TX 3.0 2.0 1083 $1,300 $1.20 93d 1 0.92mi
11507 N 24th Ln Unit 3 McAllen, TX 3.0 2.0 1080 $1,300 $1.20 93d 1 0.92mi
11403 N 24th Ln Unit 1 McAllen, TX 2.0 2.0 917 $1,200 $1.31 93d 1 0.92mi
3504 Frio Ave Unit 1 McAllen, TX 2.0 2.0 940 $1,095 $1.16 70d 1 0.93mi
11502 N 24th Ln Apt 1 McAllen, TX 2.0 2.0 1050 $1,195 $1.14 93d 1 0.94mi
11502 N 24th Ln McAllen, TX 2.0 2.0 1025 $1,200 $1.17 93d 1 0.94mi
3305 Frio Ave Unit 2 McAllen, TX 2.0 2.0 1026 $950 $0.93 70d 1 1.03mi
3305 Frio Ave Unit 4 McAllen, TX 3.0 2.0 1026 $1,050 $1.02 15d 1 1.03mi
3409 Frio Ave Unit 1 McAllen, TX 3.0 2.0 1068 $1,000 $0.94 93d 1 1.03mi
3305 Frio Ave Unit 1 McAllen, TX 2.0 2.0 980 $950 $0.97 15d 1 1.03mi
3409 Frio Ave Unit 3 McAllen, TX 2.0 2.0 980 $1,095 $1.12 93d 1 1.03mi
11006 N 33rd Ln Unit 3 McAllen, TX 2.0 2.0 1050 $1,050 $1.00 72d 1 1.05mi
11003 N 36th Ln Unit 2 McAllen, TX 2.0 2.0 983 $990 $1.01 15d 1 1.06mi
11412 N 25th Ln Unit 3 McAllen, TX 3.0 2.0 1083 $1,300 $1.20 93d 1 1.07mi
11412 N 25th Ln Unit 1 McAllen, TX 2.0 2.0 891 $1,200 $1.35 93d 1 1.07mi

Property features AI

Finance

Other
Lot approximately 0.228 acres (9,941 sq ft)
HOA & community
Monthly association fee of $130Association: Alamo Management CompanyPOA mandatory with a $350 transfer feeCommunity sidewalks

Exterior

Parking
2 covered parking spaces2-car carport (no garage)
Security
Motorized gate
Utilities
City sewerPaved road access
Home design
Flat roofLiving area sourced from blueprints
Construction
Stone and stucco constructionSlab foundation
Exterior features
Motorized gateSprinkler systemPatio slabSidewalks

Interior

Kitchen
MicrowaveElectric water heater
Flooring
Tile
Bathrooms
2 full bathrooms
Heating & cooling
Central heatingCentral airThermostat
Interior features
Quartz countertopsWalk-in closet(s)No window coverings
Laundry & utility
Laundry closetWasher/dryer connectionWasherDryer

Listing history 50 events

  1. 2026-08-08
    days on market $159,000 Active 107 DOM
  2. 2026-08-07
    days on market $159,000 Active 106 DOM
  3. 2026-08-06
    days on market $159,000 Active 105 DOM
  4. 2026-08-05
    days on market $159,000 Active 104 DOM
  5. 2026-08-04
    days on market $159,000 Active 103 DOM
  6. 2026-08-03
    days on market $159,000 Active 102 DOM
  7. 2026-07-31
    days on market $159,000 Active 99 DOM
  8. 2026-07-30
    days on market $159,000 Active 98 DOM
  9. 2026-07-29
    days on market $159,000 Active 97 DOM
  10. 2026-07-27
    days on market $159,000 Active 95 DOM
  11. 2026-07-25
    days on market $159,000 Active 93 DOM
  12. 2026-07-23
    days on market $159,000 Active 91 DOM
  13. 2026-07-22
    days on market $159,000 Active 90 DOM
  14. 2026-07-21
    days on market $159,000 Active 89 DOM
  15. 2026-07-18
    days on market $159,000 Active 86 DOM
  16. 2026-07-16
    days on market $159,000 Active 84 DOM
  17. 2026-07-16
    days on market $159,000 Active 83 DOM
  18. 2026-07-14
    days on market $159,000 Active 82 DOM
  19. 2026-07-14
    days on market $159,000 Active 81 DOM
  20. 2026-07-12
    days on market $159,000 Active 80 DOM
  21. 2026-07-11
    days on market $159,000 Active 79 DOM
  22. 2026-07-10
    days on market $159,000 Active 78 DOM
  23. 2026-07-09
    days on market $159,000 Active 77 DOM
  24. 2026-07-07
    days on market $159,000 Active 75 DOM
  25. 2026-07-06
    days on market $159,000 Active 74 DOM
  26. 2026-07-05
    days on market $159,000 Active 73 DOM
  27. 2026-07-04
    days on market $159,000 Active 72 DOM
  28. 2026-07-03
    days on market $159,000 Active 71 DOM
  29. 2026-07-02
    days on market $159,000 Active 70 DOM
  30. 2026-07-01
    days on market $159,000 Active 69 DOM
  31. 2026-06-30
    days on market $159,000 Active 68 DOM
  32. 2026-06-29
    days on market $159,000 Active 67 DOM
  33. 2026-06-28
    days on market $159,000 Active 66 DOM
  34. 2026-06-28
    days on market $159,000 Active 65 DOM
  35. 2026-06-27
    days on market $159,000 Active 64 DOM
  36. 2026-06-25
    days on market $159,000 Active 62 DOM
  37. 2026-06-23
    days on market $159,000 Active 60 DOM
  38. 2026-06-21
    days on market $159,000 Active 59 DOM
  39. 2026-06-18
    days on market $159,000 Active 56 DOM
  40. 2026-06-17
    days on market $159,000 Active 55 DOM
  41. 2026-06-16
    days on market $159,000 Active 54 DOM
  42. 2026-06-15
    days on market $159,000 Active 53 DOM
  43. 2026-06-14
    days on market $159,000 Active 51 DOM
  44. 2026-06-10
    days on market $159,000 Active 48 DOM
  45. 2026-06-09
    days on market $159,000 Active 47 DOM
  46. 2026-06-08
    days on market $159,000 Active 46 DOM
  47. 2026-06-07
    days on market $159,000 Active 45 DOM
  48. 2026-06-05
    days on market $159,000 Active 42 DOM
  49. 2026-06-03
    days on market $159,000 Active 41 DOM
  50. 2026-06-02
    days on market $159,000 Active 40 DOM

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

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$17,394
− Mortgage interest
−$8,906
− Property taxes
−$2,385
− Insurance
−$795
− Repairs & maintenance
−$1,392
− Management
−$1,392
− HOA
−$1,560
− Depreciation
−$4,625
Taxable loss
−$3,661
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$879
After-tax cash flow
$-126/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.

Condition & rehab AI · 12 photos

Excellent 95/100 None rehab

This modern single-family home in McAllen, TX, is in excellent condition with no visible repairs needed. It offers a high-ROI opportunity for investors looking to capitalize on its location and design.

Value-add opportunities

  • Resale Painting the exterior — Fresh paint can enhance curb appeal and property value
  • Resale Landscaping improvements — Enhanced landscaping can attract more buyers
  • Both Adding smart home features — Modern technology can increase both resale and rental value
D Composite school gradezoned avg 55/100

Zoned Schools

Elementary Blanca E Sanchez F TX #1,335/4,322 Nat'l #17,861/41,679 Middle Michael E Fossum Middle D- TX #553/1,662 Nat'l #5,285/14,009 High Achieve Early College H S A- TX #40/1,632 Nat'l #1,121/17,239

Schools (NCES district)

District
Mcallen ISD
NCES district ID
4829670
Math proficiency
34% ▼ -22.00%
Reading proficiency
45% ▼ -5.00%
Median HH income
$40,805
Composite
33.16/100
National rank
#5551
State rank
#440 of 826 in TX
B Composite livability gradescore 76/100

Livability — McAllen

Score
76/100
State rank
#119
US rank
#3771

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
McAllen, TX
County
Hidalgo County · 955,232 people
City population
144,650
Metro
McAllen-Edinburg-Mission, TX
Population (ZIP)
63,094
Household income
$81,905
Rent vs Own
30.1% rent · 69.9% own
Severe rent burden
10% of renters

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 (82%)
Race & ethnicity
Hispanic / Latino 82% Two or more races 39% White 11% Asian 5%
Hispanic origin (detail)
Mexican 75%
Common ancestry
Lithuanian 1% Italian 1%
Foreign-born
24% · Canada, South Korea, Vietnam
Languages at home
34% English-only · Spanish 62% Other Asian/Pacific 1% Tagalog/Filipino 1%

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

Price history

-5.9% since first listed
2 events — show timeline
  • 2026-04-23 Price Changed $159,000 MCALLENMLS
  • 2026-04-23 Listed $169,000 MCALLENMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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