604 N Victoria Rd #10 · Donna, TX 78537

$95,900

3 bd · 2.0 ba · 1,249 sqft · Manufactured · 908 Days on market

Manufactured home Built 2024 Good condition $77/sqft · 25% below area Est $127k · 25% under

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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 +16.5/30.0
• ARV discount +15.0/15.0
• Appreciation +7.5/10.0
• DSCR +5.1/10.0
• 1% rule +4.5/10.0
• Condition / age +4.0/5.0
• Livability +2.7/5.0
• Rent growth +2.5/5.0
• Schools +1.7/10.0
• Manufactured-home adj. -4.8

Listing remarks MLS

Pinehurst- 3/2 over 1200 sq ft. A great home at an even better price. Great flow and energy in this home. Everything you want and need, but at a price that won't break the bank. Price includes, delivery and set-up, caliche pad, vapor barrier, Central A/C and Heat, (2) 4x4 decks and upgrade vinyl skirting, plus our award winning in house service! MSRP- $108,143 Sale Price $92,900!!!

Key facts

• Central a/c and heat
• Built 2024
• Listed 907 days

Tags

• CENTRAL A/C AND HEAT
• UPGRADE VINYL SKIRTING

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $96k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $57 ($683/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $91k (5.0% below list).
• Recommended offer: $84k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.0% vs local median 3.3% in Donna — 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 54/100 on livability (#1,411 in TX) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A; Watch: crime F, amenities F, commute F.
• Donna ISD (suburban): math 11% / reading 18% proficiency, ranked #821 of 826 in TX (top 99%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: T Price El (math 12% / reading 22%, grade F, #3,836 of 4,322 statewide, top 91%, 417 students, 97% FRL); W A Todd Middle (math 9% / reading 22%, grade F, #1,556 of 1,662 statewide, top 94%, 693 students, 92% FRL); Donna H S (math 16% / reading 21%, grade F, #1,436 of 1,632 statewide, top 88%, 2,095 students, 92% FRL) — zoned schools average 94% FRL vs 48% district-wide (45 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 569 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals leasing fast (median 11d on market — plan ~1-2 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 7,378 units permitted in Hidalgo County in 2024 (641 in 5+ unit buildings).
• This rent runs 30% of the median local income ($36k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $10k of equity ($663 loan paydown + $10k appreciation (10.0% local appreciation)).
• Hidalgo County population projected at +28% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (10.0% appreciation + 3.0% rent growth), your $27k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 4, paydown + projected appreciation supports a ~$36k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 908 days — a 12% lower offer ($84k) is reasonable based on typical stale-listing flexibility.

Recommended offer $84,392 (12.0% below list)

Questions for the listing agent

1. It's been on market 908 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. Crime grade is F 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?
6. 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.
7. 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.
8. 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: 0.95% ✗
• Cap rate: 7.00%
• Cash-on-cash: 2.54%
• DSCR: 1.11
• GRM: 8.8

CMA / ARV

• ARV (median comp): $127,201
• List price: $95,900
• Delta: -24.61%
• Verdict: UNDERPRICED
• Comps: 1 within 2.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3098 Briggs Rd #3	1.21mi	3/2.0	1,193 (-4%)	2mo	$140,000	$117	56
521 Oak Ridge St	0.40mi	3/2.0	1,524 (+22%)	1mo	$225,000	$148	55
188 Farrell Rd #1	1.18mi	3/2.0	1,161 (-7%)	1mo	$145,500	$125	52
LOT 23 Farrell Rd #3	1.25mi	3/2.0	1,139 (-9%)	1mo	$147,500	$129	50
196 Farrell Rd #4	1.18mi	3/2.0	1,138 (-9%)	1mo	$147,500	$130	49
204 Farrell Rd #2	1.25mi	3/2.0	1,118 (-10%)	1mo	$145,000	$130	47
3098 Briggs Rd #4	1.21mi	3/2.0	1,088 (-13%)	3mo	$140,000	$129	41
3505 Kerps St	1.45mi	3/2.0	1,510 (+21%)	2mo	$249,000	$165	38
1706 Foxtail St	1.20mi	3/2.0	1,516 (+21%)	3mo	$260,000	$172	37
3401 Kerps St	1.42mi	3/2.5	1,446 (+16%)	2mo	$239,950	$166	37
1114 Champion Dr	1.50mi	3/1.0	940 (-25%)	0mo	$84,500	$90	36
3501 Kerps St	1.18mi	4/2.0 (+1)	1,510 (+21%)	3mo	$249,000	$165	33

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 26.1%
• Equity multiple: 3.08×
• Total profit: $55,866
• Equity at exit: $86,394

10-year hold

• IRR: 22.9%
• Equity multiple: 7.02×
• Total profit: $161,696
• Equity at exit: $186,313

Cash invested: $26,852 (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 →

Active competition Active MLS

• For sale now: 14 active
• Median asking: $98,900 ($79/sqft)
• Median days on market: 908 d
• This list price: 43% of active listings are priced below it
• ARV vs active asking: +29.1% above current asking $/sqft

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

ZIP-level market 78537

• Home prices YoY: 5.8%
• Active inventory: 569
• Price-to-rent: 8.8×

Monthly cashflow live

• Estimated rent: $911 high
• Mortgage (P&I): −$503
• Tax est. 1.5%: −$120 /mo · $1,438/yr
• Insurance: −$40
• HOA: −$0
• Lot rent leased land?: −$0
• Vacancy / Maint / Mgmt: −$191
• Net cashflow: $57

Break-even live

Break-even rent $839

Max offer price $95,900

Occupancy floor 89%

Sensitivity live

Price	-10% $123	-5% $90	+0% $57	+5% $24	+10% $-9
Rent	-10% $-15	-5% $21	+0% $57	+5% $93	+10% $129
Rate	-1.0pp $105	-0.5pp $81	base $57	+0.5pp $32	+1.0pp $7

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: $23,975
• Closing costs: $2,877
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2607 E North Ave Donna, TX	1.0–3.0	1.0–2.0	950	$1,150	$1.21	0d	10	0.26mi
602 N Victoria Rd Donna, TX	3.0	2.0	1033	$1,431	$1.39	5d	1	0.50mi
602 N Victoria Rd Donna, TX	2.0	2.0	912	$1,431	$1.57	10d	1	0.50mi
2930 W Sugarcane Dr Weslaco, TX	2.0	2.0	862	$1,350	$1.57	0d	1	0.80mi
3707 E Business 83 #340 Donna, TX	3.0	2.0	960	$826	$0.86	9d	1	0.88mi
3707 E Business 83 #345 Donna, TX	3.0	2.0	960	$826	$0.86	10d	1	0.88mi
3707 E Business 83 Unit 419 Donna, TX	3.0	2.0	960	$824	$0.86	10d	1	0.88mi
2909 Bravo Rd Unit C Weslaco, TX	2.0	2.0	860	$1,150	$1.34	0d	1	0.91mi
2905 Bravo Rd Unit A Weslaco, TX	2.0	2.0	860	$1,150	$1.34	0d	1	0.91mi
2901 Bravo Rd Unit B Weslaco, TX	2.0	2.0	860	$1,150	$1.34	22d	1	0.91mi
2901 Bravo Rd Unit C Weslaco, TX	2.0	2.0	860	$1,150	$1.34	0d	1	0.91mi
2901 Bravo Rd Unit D Weslaco, TX	2.0	3.0	860	$1,150	$1.34	43d	1	0.91mi
2813 Bravo Rd Unit C Weslaco, TX	2.0	2.0	860	$1,150	$1.34	10d	1	0.92mi
2809 Bravo Rd Unit C Weslaco, TX	2.0	2.0	860	$1,150	$1.34	10d	1	0.92mi
2813 Bravo Rd Unit B Weslaco, TX	3.0	2.0	1000	$1,250	$1.25	31d	1	0.93mi
2900 Charlie Rd Unit A Weslaco, TX	3.0	2.0	860	$1,250	$1.45	32d	1	0.93mi
2705 Woodpecker Rd Unit 2 Weslaco, TX	2.0	2.0	1020	$1,200	$1.18	164d	1	0.94mi
2701 Woodpecker Rd Unit 4 Weslaco, TX	3.0	2.0	1085	$1,350	$1.24	2d	1	0.94mi
1430 Mile 6 1/2 W Unit 6 1/2 Weslaco, TX	2.0	2.0	850	$877	$1.03	184d	1	0.95mi
3707 U.S. 83 Business Unit 442 Donna, TX	3.0	2.0	960	$799	$0.83	184d	1	0.96mi
3707 U.S. 83 Business Unit 333 Donna, TX	3.0	2.0	960	$899	$0.94	184d	1	0.96mi
3707 U.S. 83 Business Unit 431 Donna, TX	3.0	2.0	960	$799	$0.83	164d	1	0.96mi
3707 U.S. 83 Business Unit 464 Donna, TX	3.0	2.0	960	$799	$0.83	107d	1	0.96mi
2808 Charlie Rd Unit D Weslaco, TX	2.0	2.0	860	$1,150	$1.34	10d	1	0.96mi
2609 Woodpecker Rd Unit 3 Weslaco, TX	3.0	2.0	1068	$1,250	$1.17	26d	1	0.99mi
2609 Woodpecker Rd Unit 1 Weslaco, TX	2.0	2.0	1020	$1,250	$1.23	164d	1	0.99mi
2604 Woodpecker Rd Unit 2 Weslaco, TX	2.0	2.0	1068	$1,200	$1.12	155d	1	1.00mi
2605 Woodpecker Rd Unit 4 Weslaco, TX	3.0	2.0	1183	$1,350	$1.14	10d	1	1.01mi
2605 Woodpecker Rd Unit 4 Weslaco, TX	3.0	2.0	1183	$1,350	$1.14	29d	1	1.01mi
2605 Woodpecker Rd Unit 4 Weslaco, TX	3.0	2.0	1183	$1,300	$1.10	164d	1	1.01mi
2605 Woodpecker Rd Unit 1 Weslaco, TX	2.0	2.0	1068	$1,250	$1.17	42d	1	1.01mi
513 Sparrow Rd Unit 4 Weslaco, TX	3.0	2.0	1040	$1,275	$1.23	2d	1	1.01mi
509 Sparrow Rd Unit 4 Weslaco, TX	3.0	2.0	1020	$1,275	$1.25	2d	1	1.02mi
2604 Brownjay Rd Unit 2 Weslaco, TX	2.0	2.0	1068	$1,250	$1.17	0d	1	1.03mi
2604 Brownjay Rd Unit 3 Weslaco, TX	3.0	2.0	1183	$1,350	$1.14	43d	1	1.03mi
2604 Brownjay Rd Unit 2 Weslaco, TX	2.0	2.0	1068	$1,250	$1.17	43d	1	1.03mi
503 Sparrow Rd Unit 1 Weslaco, TX	2.0	2.0	1000	$1,350	$1.35	16d	1	1.03mi
503 Sparrow Rd Unit 1 Weslaco, TX	2.0	2.0	1000	$1,300	$1.30	2d	1	1.03mi
2700 Mockingbird Rd Unit 1 Weslaco, TX	2.0	2.0	1080	$1,200	$1.11	10d	1	1.03mi
2700 Mockingbird Rd Unit 4 Weslaco, TX	3.0	2.0	1209	$1,350	$1.12	10d	1	1.03mi

Listing history 50 events

1. 2026-11-08
   days on market $95,900 Active 908 DOM
2. 2026-11-07
   days on market $95,900 Active 907 DOM
3. 2026-11-06
   days on market $95,900 Active 906 DOM
4. 2026-11-05
   days on market $95,900 Active 905 DOM
5. 2026-11-04
   days on market $95,900 Active 904 DOM
6. 2026-11-02
   days on market $95,900 Active 902 DOM
7. 2026-11-01
   days on market $95,900 Active 901 DOM
8. 2026-10-31
   days on market $95,900 Active 900 DOM
9. 2026-10-30
   days on market $95,900 Active 899 DOM
10. 2026-10-29
    days on market $95,900 Active 898 DOM
11. 2026-10-28
    days on market $95,900 Active 897 DOM
12. 2026-10-27
    days on market $95,900 Active 896 DOM
13. 2026-10-26
    days on market $95,900 Active 895 DOM
14. 2026-10-25
    days on market $95,900 Active 894 DOM
15. 2026-10-24
    days on market $95,900 Active 893 DOM
16. 2026-10-23
    days on market $95,900 Active 892 DOM
17. 2026-10-22
    days on market $95,900 Active 891 DOM
18. 2026-10-21
    days on market $95,900 Active 890 DOM
19. 2026-10-20
    days on market $95,900 Active 889 DOM
20. 2026-10-19
    days on market $95,900 Active 888 DOM
21. 2026-10-18
    days on market $95,900 Active 887 DOM
22. 2026-10-17
    days on market $95,900 Active 886 DOM
23. 2026-10-16
    days on market $95,900 Active 885 DOM
24. 2026-10-15
    days on market $95,900 Active 884 DOM
25. 2026-10-14
    days on market $95,900 Active 883 DOM
26. 2026-10-13
    days on market $95,900 Active 882 DOM
27. 2026-10-12
    days on market $95,900 Active 881 DOM
28. 2026-10-11
    days on market $95,900 Active 880 DOM
29. 2026-10-10
    days on market $95,900 Active 879 DOM
30. 2026-10-09
    days on market $95,900 Active 878 DOM
31. 2026-10-08
    days on market $95,900 Active 877 DOM
32. 2026-10-07
    days on market $95,900 Active 876 DOM
33. 2026-10-06
    days on market $95,900 Active 875 DOM
34. 2026-10-05
    days on market $95,900 Active 874 DOM
35. 2026-10-04
    days on market $95,900 Active 873 DOM
36. 2026-10-04
    days on market $95,900 Active 872 DOM
37. 2026-10-02
    days on market $95,900 Active 871 DOM
38. 2026-10-01
    days on market $95,900 Active 870 DOM
39. 2026-09-30
    days on market $95,900 Active 869 DOM
40. 2026-09-29
    days on market $95,900 Active 868 DOM
41. 2026-09-28
    days on market $95,900 Active 867 DOM
42. 2026-09-27
    days on market $95,900 Active 866 DOM
43. 2026-09-25
    days on market $95,900 Active 864 DOM
44. 2026-09-24
    days on market $95,900 Active 863 DOM
45. 2026-09-23
    days on market $95,900 Active 862 DOM
46. 2026-09-22
    days on market $95,900 Active 861 DOM
47. 2026-09-21
    days on market $95,900 Active 860 DOM
48. 2026-09-20
    days on market $95,900 Active 859 DOM
49. 2026-09-19
    days on market $95,900 Active 858 DOM
50. 2026-09-18
    days on market $95,900 Active 857 DOM

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

Taxation est. · year 1

• Rental income: $10,931
• − Mortgage interest: −$5,372
• − Property taxes: −$1,438
• − Insurance: −$480
• − Repairs & maintenance: −$874
• − Management: −$874
• − Depreciation: −$2,790
• Taxable loss: −$898
• Est. tax savings @ 24.0%: +$215
• After-tax cash flow: $898/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 · 7 photos

Good 80/100 Cosmetic rehab Est. rehab $6,245–$18,735 screening

This manufactured home is in good condition with a modern and well-maintained interior and exterior. It has a good resale and rental value with potential for minor improvements to enhance its curb appeal and functionality.

Value-add opportunities

• Both Painting the exterior — Enhances curb appeal and can increase both resale and rental value. ↑
• Both Landscaping improvements — Enhances curb appeal and can increase both resale and rental value. ↑
• Both Add a small outdoor seating area — Can increase both resale and rental value by adding a functional and attractive outdoor space. ↑

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 17/100

Zoned Schools

Elementary T Price El F TX #3,836/4,322 Nat'l #35,191/41,679 Middle W A Todd Middle F TX #1,556/1,662 Nat'l #12,557/14,009 High Donna H S F TX #1,436/1,632 Nat'l #14,713/17,239

Schools (NCES district)

• District: Donna ISD
• NCES district ID: 4817390
• Math proficiency: 11% ▼ -30.00%
• Reading proficiency: 18% ▼ -13.00%
• Median HH income: $27,330
• Composite: 11.16/100
• National rank: #9728
• State rank: #821 of 826 in TX

D Composite livability gradescore 54/100

Livability — Donna

• Score: 54/100
• State rank: #1411
• US rank: #24172

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Hidalgo · 955,232 people
• City population: 51,346
• Metro: McAllen-Edinburg-Mission, TX
• Population (ZIP): 51,346
• Household income: $36,331
• Rent vs Own: 26.7% rent · 73.3% own
• Severe rent burden: 9% of renters

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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%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Hispanic (95%)
• Race & ethnicity: Hispanic / Latino 95% Two or more races 49% White 4%
• Hispanic origin (detail): Mexican 91%
• Languages at home: 15% English-only · Spanish 84%

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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: —

Market trends

• HPI YoY: ▲ 13.30%
• Current HPI: 243.3933
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 3.95%
• F500 in state: 110

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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

+6.7% since first listed

4 events — show timeline

• 2026-01-14 Price Changed $95,900 Zillow
• 2024-12-11 Price Changed $92,900 Zillow
• 2024-06-20 Price Changed $90,900 Zillow
• 2024-05-14 Listed $89,900 Zillow