902 Laredo Ave · Medina, TX 78076

$53,900

4 bd · 4.0 ba · 1,550 sqft · SingleFamily public records · 1 Days on market

Built 1987 6,000 sqft lot $35/sqft · 80% below area

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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
• Appreciation +6.3/10.0
• Livability +2.9/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.8/10.0

Listing remarks

Bring your vision to this 1,550 square foot residence, a prime candidate for a complete transformation. While the property requires extensive renovations, it offers unique structural advantages including two separate carports. One features an oversized clearance specifically designed to accommodate a boat or high-profile vehicle. Whether you are looking for a high-potential flip or a custom rental project, this home provides the space and versatility to create something truly remarkable. Sold as-is.

Key facts

• Oversized clearance
• 6,000 sq ft lot
• Built 1987

Tags

• TWO SEPARATE CARPORTS
• OVERSIZED CLEARANCE

Property features AI

Finance

• Other: Located in the Manuel Medina Addition subdivision

Exterior

• Parking: Concrete parking
• Utilities: Public water; Underground utilities
• Home design: Single-family residence; One story
• Construction: Vinyl siding; Slab foundation
• Exterior features: Chain link and wood fencing; Level lot

Interior

• Flooring: Carpet; Tile; Vinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: No central heating
• Interior features: Gas water heater; Carpet, tile, and vinyl flooring

What this means for you Summary

Snapshot

• This is a 4-bed/4.0-bath single-family listed at $54k.

Deal economics

• At list price, monthly cash flow is $601 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $54k).

Location & tenants

• Location reads 57/100 on livability (#1,280 in TX) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: crime D+, schools F, amenities F.
• Zapata County ISD (town): math 21% / reading 24% proficiency, ranked #767 of 826 in TX (top 93%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 70% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 92 active listings in the ZIP.

Forward outlook

• In year one you build about $2k of equity ($373 loan paydown + $1k appreciation (2.6% local appreciation)).
• Zapata County population projected to shrink 3% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (2.6% appreciation + 3.0% rent growth), your $15k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
• 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

• Watch-outs: property tax is 2.8% of price.
• Climate carrying-cost: major wind risk, 64% chance of damaging wind over 30y; severe wildfire risk; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $53,900

Questions for the listing agent

1. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are F-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. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
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: 2.43% ✓
• Cap rate: 19.66%
• Cash-on-cash: 47.75%
• DSCR: 3.12
• GRM: 3.4

CMA / ARV

• ARV (median comp): $274,239
• List price: $53,900
• Delta: -80.35%
• Verdict: UNDERPRICED
• Comps: 1 within 2.0 mi

Projected returns pro-forma

2.61% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 52.5%
• Equity multiple: 3.89×
• Total profit: $43,689
• Equity at exit: $23,056

10-year hold

• IRR: 52.5%
• Equity multiple: 7.85×
• Total profit: $103,412
• Equity at exit: $34,641

Cash invested: $15,092 (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 78076

• Home prices YoY: 2.3%
• Active inventory: 92
• Price-to-rent: 3.4×

Monthly cashflow live

• Estimated rent: $1,308 medium
• Mortgage (P&I): −$283
• Tax from tax record: −$128 /mo · $1,533/yr
• Insurance: −$22
• HOA: −$0
• Vacancy / Maint / Mgmt: −$275
• Net cashflow: $601

Break-even live

Break-even rent $548

Max offer price $53,900

Occupancy floor 49%

Sensitivity live

Price	-10% $631	-5% $616	+0% $601	+5% $585	+10% $570
Rent	-10% $497	-5% $549	+0% $601	+5% $652	+10% $704
Rate	-1.0pp $628	-0.5pp $614	base $601	+0.5pp $587	+1.0pp $572

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: $13,475
• Closing costs: $1,617
• Reserves months: —
• Total cash needed: —

Listing history 13 events

1. 2026-06-17
   days on marketlisting id $53,900 Active 1 DOM
2. 2026-06-13
   days on market $53,900 Active 32 DOM
3. 2026-06-12
   days on market $53,900 Active 31 DOM
4. 2026-06-09
   days on market $53,900 Active 28 DOM
5. 2026-06-08
   days on market $53,900 Active 27 DOM
6. 2026-06-08
   days on market $53,900 Active 26 DOM
7. 2026-06-07
   days on market $53,900 Active 25 DOM
8. 2026-06-03
   days on market $53,900 Active 22 DOM
9. 2026-06-02
   days on market $53,900 Active 21 DOM
10. 2026-06-01
    days on market $53,900 Active 20 DOM
11. 2026-05-31
    days on market $53,900 Active 19 DOM
12. 2026-05-12
    listed $53,900 Active 504-char remark
13. 2024-09-25
    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: $1,533 · $128/mo
• Projected year-2 tax: $1,533 · $128/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 8/10 Severe
• 🌡 Heat 9/10 Extreme 7 d/yr ≥112°F today · 20 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 64% 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: $15,698
• − Mortgage interest: −$3,019
• − Property taxes: −$1,533
• − Insurance: −$270
• − Repairs & maintenance: −$1,256
• − Management: −$1,256
• − Depreciation: −$1,568
• Taxable income: $6,796
• Est. tax owed @ 24.0%: −$1,631
• After-tax cash flow: $5,575/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: Zapata County ISD
• NCES district ID: 4846710
• Math proficiency: 21% ▼ -23.00%
• Reading proficiency: 24% ▼ -11.00%
• Median HH income: $30,189
• Composite: 18.09/100
• National rank: #8974
• State rank: #767 of 826 in TX

Livability — Medina

• Score: 57/100
• State rank: #1280
• US rank: #22294

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Medina, TX
• Population (ZIP): 13,085

Population outlook (Zapata County) Hauer SSP2

• Today (2025): 14,795 people
• By 2030: 14,837 · +0.3%
• By 2040: 14,759 · -0.2%
• By 2050: 14,316 · -3.2%
• By 2075: 11,647 · -21.3%
• By 2100: 7,265 · -50.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Hispanic (94%)
• Race & ethnicity: Hispanic / Latino 94% Two or more races 52% White 5%
• Hispanic origin (detail): Mexican 89%
• Foreign-born: 23% · Canada, Vietnam
• Languages at home: 16% English-only · Spanish 84% Vietnamese 1%

Political lean MEDSL · Zapata

• 2024 margin: Strong R (+22.4) · D 38.5% · R 61.0%
• 2008→2024 swing: -58.0pp toward R · 2008: 35.6pp · 2024: -22.4pp
• All cycles: 2024: R+22.4 2020: R+5.3 2016: D+32.8 2012: D+43.2 2008: D+35.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 2.61%
• Current HPI: 117.0315
• 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

+0.0% since first listed

3 events — show timeline

• 2026-06-16 Listed $53,900 LAOR
• 2026-05-12 Listed $53,900 LAOR
• 2024-09-25 Sold (Public Records) — Public Records

Property tax history

+1.3%/yr

Latest (2025): $1,533 · +9.7% YoY. Source: county tax records.