5004 Santa Rosa Dr · Laredo, TX 78046

$120,000

2 bd · 2.0 ba · 840 sqft · Manufactured · 15 Days on market

Built 2018 4,498 sqft lot ↓ 4% since listing

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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).

• Cash flow +13.3/30.0
• ARV discount +7.5/15.0
• DSCR +4.0/10.0
• Livability +3.7/5.0
• 1% rule +3.0/10.0
• Schools +2.8/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Discover an affordable opportunity to own your home. This charming mobile home features 2 bedrooms and 2 full bathrooms, offering a comfortable and functional layout for everyday living. The property offers ample outdoor space to enjoy, plus the added benefit of homeownership at a great price. Whether you're a first-time buyer, downsizing, or looking for an investment property, this is a fantastic opportunity you won't want to miss.

Key facts

• 4,498 sq ft lot
• Built 2018
• Listed 14 days

Property features AI

Finance

• Other: Located in the Eleden subdivision

Exterior

• Parking: Concrete parking
• Security: Smoke detectors
• Utilities: Public water; Underground utilities
• Home design: Residential mobile home; Single-story
• Construction: Aluminum siding
• Exterior features: Level lot

Interior

• Kitchen: Range; Refrigerator
• Flooring: Vinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Range; Refrigerator; Electric water heater; Vinyl flooring
• Laundry & utility: Electric water heater

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $120k.

Deal economics

• At list price, monthly cash flow is $-1 ($-7/yr) — negative.
• To cash-flow at today's rent, offer at most $120k (0.1% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $96k (20.0% below list).
• Recommended offer: $96k (20.0% below list) — sets the bar for 1% rule.
• Cap rate 6.3% vs local median 4.1% in Laredo — 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 (#227 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: schools C-, crime C-, employment D+.
• United ISD (urban): math 27% / reading 38% proficiency, ranked #568 of 826 in TX (top 69%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 72% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 482 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,448 units permitted in Webb County in 2024 (245 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $830 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Webb County population projected at +23% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 15 days — a 2% lower offer ($118k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts 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, 80% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $96,004 (20.0% 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. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
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: 0.80% ✗
• Cap rate: 6.29%
• Cash-on-cash: -0.02%
• DSCR: 1.00
• GRM: 10.4

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: -16.4%
• Equity multiple: 0.42×
• Total profit: $-19,513
• Equity at exit: $17,892

10-year hold

• IRR: -8.2%
• Equity multiple: 0.49×
• Total profit: $-17,158
• Equity at exit: $10,375

Cash invested: $33,600 (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 78046

• Home prices YoY: -13.0%
• Active inventory: 482
• Price-to-rent: 10.4×

Monthly cashflow live

• Estimated rent: $960 medium
• Mortgage (P&I): −$629
• Tax from tax record: −$80 /mo · $957/yr
• Insurance: −$50
• HOA: −$0
• Vacancy / Maint / Mgmt: −$202
• Net cashflow: $-1

Break-even live

Break-even rent $961

Max offer price $119,892

Occupancy floor 95%

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: $30,000
• Closing costs: $3,600
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
410 Riverhill Loop Laredo, TX	2.0	1.0	789	$1,005	$1.27	43d	1	1.35mi
5610 Doc Sigi Perez Loop Unit 2 Laredo, TX	2.0	2.0	910	$950	$1.04	43d	1	1.44mi
2601 Lomas Del Sur Blvd Unit 204 Laredo, TX	2.0	2.0	800	$1,000	$1.25	43d	1	1.48mi
409 Riverhill Loop Laredo, TX	2.0–4.0	1.0–2.0	996	$871	$0.87	43d	10	1.49mi

Listing history 16 events

1. 2026-06-19
   days on market $120,000 Active 15 DOM
2. 2026-06-18
   days on market $120,000 Active 14 DOM
3. 2026-06-17
   days on market $120,000 Active 13 DOM
4. 2026-06-16
   days on market $120,000 Active 12 DOM
5. 2026-06-15
   days on market $120,000 Active 11 DOM
6. 2026-06-14
   days on market $120,000 Active 9 DOM
7. 2026-06-13
   days on market $120,000 Active 8 DOM
8. 2026-06-10
   days on market $120,000 Active 6 DOM
9. 2026-06-09
   days on market $120,000 Active 5 DOM
10. 2026-06-08
    days on market $120,000 Active 4 DOM
11. 2026-06-07
    remarks 436-char remark
12. 2026-06-07
    days on marketlisting id $120,000 Active 3 DOM
13. 2026-05-15
    price $120,000 390-char remark
14. 2026-04-03
    listed $125,000 Active 390-char remark
15. 2019-04-25
    soldstatus
16. 2010-03-24
    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: $957 · $80/mo
• Projected year-2 tax: $2,196 · $183/mo
• Expected delta: +$1,239/yr (+$103/mo · 129.5%)

ⓘ 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 6/10 Major
• 🌡 Heat 8/10 Severe 7 d/yr ≥110°F today · 23 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 80% 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: $11,520
• − Mortgage interest: −$6,722
• − Property taxes: −$957
• − Insurance: −$600
• − Repairs & maintenance: −$922
• − Management: −$922
• − Depreciation: −$3,491
• Taxable loss: −$2,093
• Est. tax savings @ 24.0%: +$502
• After-tax cash flow: $495/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: United ISD
• NCES district ID: 4843650
• Math proficiency: 27% ▼ -36.00%
• Reading proficiency: 38% ▼ -11.00%
• Median HH income: $47,780
• Composite: 28.02/100
• National rank: #6848
• State rank: #568 of 826 in TX

Livability — Laredo

• Score: 73/100
• State rank: #227
• US rank: #5399

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: Laredo, TX
• City population: 67,333
• Population (ZIP): 71,965

Population outlook (Webb County) Hauer SSP2

• Today (2025): 301,387 people
• By 2030: 316,307 · +5.0%
• By 2040: 345,636 · +14.7%
• By 2050: 370,647 · +23.0%
• By 2075: 413,907 · +37.3%
• By 2100: 416,458 · +38.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Hispanic (97%)
• Race & ethnicity: Hispanic / Latino 97% Two or more races 53% White 2%
• Hispanic origin (detail): Mexican 92%
• Foreign-born: 22% · Canada
• Languages at home: 9% English-only · Spanish 91%

Political lean MEDSL · Webb

• 2024 margin: Toss-up / Even · D 48.5% · R 50.7%
• 2008→2024 swing: -45.6pp toward R · 2008: 43.4pp · 2024: -2.2pp
• All cycles: 2024: R+2.2 2020: D+23.3 2016: D+51.6 2012: D+54.0 2008: D+43.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -29.36%
• Current HPI: 196.8153
• 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

-4.0% since first listed

5 events — show timeline

• 2026-06-04 Listed $120,000 LAOR
• 2026-05-15 Price Changed $120,000 LAOR
• 2026-04-03 Listed $125,000 LAOR
• 2019-04-25 Sold (Public Records) — Public Records
• 2010-03-24 Sold (Public Records) — Public Records

Property tax history

+7.4%/yr

Latest (2025): $957 · +15.4% YoY. Source: county tax records.