1902 Puerto Rico Ave · Weslaco, TX 78596

$130,000

3 bd · 1.0 ba · 1,422 sqft · SingleFamily public records · 141 Days on market

Built 1994 Fair condition 9,600 sqft lot $91/sqft · 45% below area Est $195k · 33% under

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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 +21.7/30.0
• ARV discount +15.0/15.0
• 1% rule +7.0/10.0
• DSCR +6.9/10.0
• Appreciation +4.7/10.0
• Schools +3.7/10.0
• Livability +3.6/5.0
• Rent growth +2.5/5.0
• Condition / age +2.2/5.0

Listing remarks MLS

3/3 Block Construction home with tile and stained flooring! Priced to Sell Quickly! Appliances and a Hot Tub out back included. Kitchen Stove runs on propane gas! Call to schedule your showing Today!

Key facts

• Stained flooring
• Hot tub
• Tile flooring

Tags

• BLOCK CONSTRUCTION
• TILE FLOORING
• STAINED FLOORING
• HOT TUB

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $130k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $199 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $130k).
• Recommended offer: $114k (12.0% below list) — sets the bar for market timing.
• Cap rate 8.1% vs local median 4.2% in Weslaco — 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 72/100 on livability (#277 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: employment D+, crime F, amenities F.
• Weslaco ISD (suburban): math 23% / reading 31% proficiency, ranked #705 of 826 in TX (top 85%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Memorial El (math 40% / reading 50%, grade D-, #1,133 of 4,322 statewide, top 27%, 1,075 students, 67% FRL); Central Middle (math 33% / reading 40%, grade F, #786 of 1,662 statewide, top 48%, 974 students, 70% FRL); Weslaco H S (math 25% / reading 33%, grade F, #1,147 of 1,632 statewide, top 71%, 2,553 students, 73% FRL).
• Market conditions: 800 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals lingering (median 73d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 73% of comp listings sitting > 30 days — soft ceiling on asking rent; 7,378 units permitted in Hidalgo County in 2024 (641 in 5+ unit buildings).
• This rent runs 35% of the median local income ($54k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $140 of equity ($899 loan paydown + $-759 appreciation (-0.6% local appreciation)).
• Hidalgo County population projected at +28% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-0.6% appreciation + 3.0% rent growth), your $36k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 141 days — a 12% lower offer ($114k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 8y 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 2.8% of price.
• Climate carrying-cost: severe wind risk, 99% 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 $114,400 (12.0% below list)

Questions for the listing agent

1. It's been on market 141 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
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. 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?
7. 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.
8. 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.
9. 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: 1.20% ✓
• Cap rate: 8.13%
• Cash-on-cash: 6.57%
• DSCR: 1.29
• GRM: 6.9

CMA / ARV

• ARV (median comp): $195,416
• List price: $130,000
• Delta: -33.48%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3527 Sawgrass St	0.33mi	3/2.0	1,370 (-4%)	5mo	$214,900	$157	70
3506 Emma Dr	0.39mi	3/2.0	1,402 (-1%)	8mo	$218,000	$155	69
3523 Sawgrass St	0.32mi	3/2.0	1,333 (-6%)	3mo	$207,000	$155	68
2261 Victoriano St	0.57mi	3/2.0	1,360 (-4%)	2mo	$189,500	$139	61
2417 Via Roma	0.58mi	3/2.0	1,370 (-4%)	3mo	$225,000	$164	60
2401 Via Roma Ln	0.58mi	4/2.0 (+1)	1,357 (-5%)	2mo	$217,000	$160	55
2298 Via Roma Rd	0.58mi	3/2.0	1,330 (-6%)	4mo	$209,900	$158	55
2441 Via Roma Rd	0.58mi	4/2.0 (+1)	1,348 (-5%)	2mo	$219,500	$163	54
2482 Verona	0.50mi	3/2.0	1,288 (-9%)	5mo	$190,000	$148	53
3817 Santo Cielo St	0.46mi	3/2.0	1,575 (+11%)	9mo	$249,900	$159	49
2278 Via Roma Rd	0.58mi	3/2.0	1,250 (-12%)	0mo	$215,000	$172	49
2308 Victoriano St	0.60mi	3/2.0	1,297 (-9%)	6mo	$209,900	$162	48

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

Projected returns pro-forma

-0.58% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 3.3%
• Equity multiple: 1.15×
• Total profit: $5,476
• Equity at exit: $33,995

10-year hold

• IRR: 9.3%
• Equity multiple: 1.95×
• Total profit: $34,731
• Equity at exit: $37,977

Cash invested: $36,400 (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 →

Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 23 active · 19 under contract
• Months of supply: 6.3 mo (16%/mo absorbed)
• Median asking: $217,500 ($156/sqft)
• Median days on market: 96 d
• This list price: 4% of active listings are priced below it
• ARV vs active asking: -12.1% vs current asking $/sqft

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

ZIP-level market 78596

• Home prices YoY: -0.2%
• Active inventory: 800
• Price-to-rent: 6.9×

Monthly cashflow live

• Estimated rent: $1,563 high
• Mortgage (P&I): −$682
• Tax from tax record: −$300 /mo · $3,597/yr
• Insurance: −$54
• HOA: −$0
• Vacancy / Maint / Mgmt: −$328
• Net cashflow: $199

Break-even live

Break-even rent $1,311

Max offer price $130,000

Occupancy floor 82%

Sensitivity live

Price	-10% $273	-5% $236	+0% $199	+5% $163	+10% $126
Rent	-10% $76	-5% $138	+0% $199	+5% $261	+10% $323
Rate	-1.0pp $265	-0.5pp $232	base $199	+0.5pp $166	+1.0pp $131

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: $32,500
• Closing costs: $3,900
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 11 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3818 Tierra Escondida Weslaco, TX	3.0	3.5	1846	$2,800	$1.52	93d	1	0.53mi
1900 Columbia St Unit D Weslaco, TX	2.0	2.0	1000	$1,050	$1.05	63d	1	0.99mi
1816 Columbia St Unit D Weslaco, TX	2.0	2.0	1000	$1,000	$1.00	16d	1	1.02mi
2816 Brown St Unit B Weslaco, TX	2.0	2.0	1000	$950	$0.95	93d	1	1.02mi
1413 Vine Ave Unit 4 Weslaco, TX	3.0	2.0	1100	$1,300	$1.18	16d	1	1.32mi
1409 San Vicente Weslaco, TX	3.0	2.0	1150	$1,250	$1.09	93d	1	1.35mi
1405 San Vicente Unit 1 Weslaco, TX	3.0	2.0	1064	$1,175	$1.10	16d	1	1.37mi
1409 Beverly Ave Unit 1 Weslaco, TX	2.0	2.0	986	$1,050	$1.06	93d	1	1.38mi
1319 San Vicente Unit 1 Weslaco, TX	3.0	2.0	1100	$1,350	$1.23	72d	1	1.41mi
1322 Beverly Ave Unit 3 Weslaco, TX	3.0	2.0	1050	$1,350	$1.29	72d	1	1.41mi
2211 Tomatillo Dr Weslaco, TX	3.0	2.0	1361	$2,200	$1.62	72d	1	1.44mi

Listing history 13 events

1. 2026-05-31
   days on market $130,000 Active 141 DOM
2. 2026-02-14
   price $130,000 199-char remark

   Show marketing remark (199 chars)

   3/3 Block Construction home with tile and stained flooring! Priced to Sell Quickly! Appliances and a Hot Tub out back included. Kitchen Stove runs on propane gas! Call to schedule your showing Today!

3. 2026-02-07
   price $133,000 199-char remark

   Show marketing remark (199 chars)

   3/3 Block Construction home with tile and stained flooring! Priced to Sell Quickly! Appliances and a Hot Tub out back included. Kitchen Stove runs on propane gas! Call to schedule your showing Today!

4. 2026-01-03
   listed $135,000 Active 199-char remark

   Show marketing remark (199 chars)

   3/3 Block Construction home with tile and stained flooring! Priced to Sell Quickly! Appliances and a Hot Tub out back included. Kitchen Stove runs on propane gas! Call to schedule your showing Today!

5. 2018-08-09
   price $69,900 199-char remark

   Show marketing remark (199 chars)

   3/3 Block Construction home with tile and stained flooring! Priced to Sell Quickly! Appliances and a Hot Tub out back included. Kitchen Stove runs on propane gas! Call to schedule your showing Today!

6. 2018-08-08
   soldstatus Sold 199-char remark

   Show marketing remark (199 chars)

   3/3 Block Construction home with tile and stained flooring! Priced to Sell Quickly! Appliances and a Hot Tub out back included. Kitchen Stove runs on propane gas! Call to schedule your showing Today!

7. 2018-08-08
   soldstatus

   Show marketing remark (199 chars)

   3/3 Block Construction home with tile and stained flooring! Priced to Sell Quickly! Appliances and a Hot Tub out back included. Kitchen Stove runs on propane gas! Call to schedule your showing Today!

8. 2018-07-18
   status Pending 199-char remark

   Show marketing remark (199 chars)

   3/3 Block Construction home with tile and stained flooring! Priced to Sell Quickly! Appliances and a Hot Tub out back included. Kitchen Stove runs on propane gas! Call to schedule your showing Today!

9. 2018-06-22
   historical 199-char remark

   Show marketing remark (199 chars)

   3/3 Block Construction home with tile and stained flooring! Priced to Sell Quickly! Appliances and a Hot Tub out back included. Kitchen Stove runs on propane gas! Call to schedule your showing Today!

10. 2018-06-22
    price $72,000 199-char remark

    Show marketing remark (199 chars)

    3/3 Block Construction home with tile and stained flooring! Priced to Sell Quickly! Appliances and a Hot Tub out back included. Kitchen Stove runs on propane gas! Call to schedule your showing Today!

11. 2018-05-10
    listed $69,900 Active 199-char remark

    Show marketing remark (199 chars)

    3/3 Block Construction home with tile and stained flooring! Priced to Sell Quickly! Appliances and a Hot Tub out back included. Kitchen Stove runs on propane gas! Call to schedule your showing Today!

12. 2018-05-10
    listed $69,900

    Show marketing remark (199 chars)

    3/3 Block Construction home with tile and stained flooring! Priced to Sell Quickly! Appliances and a Hot Tub out back included. Kitchen Stove runs on propane gas! Call to schedule your showing Today!

13. 1999-04-05
    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: $3,597 · $300/mo
• Projected year-2 tax: $3,597 · $300/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 (shaded) · 0% chance over 30 yrs
• 🔥 Wildfire 6/10 Major
• 🌡 Heat 9/10 Extreme 7 d/yr ≥110°F today · 23 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 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: $18,760
• − Mortgage interest: −$7,282
• − Property taxes: −$3,597
• − Insurance: −$650
• − Repairs & maintenance: −$1,501
• − Management: −$1,501
• − Depreciation: −$3,782
• Taxable income: $448
• Est. tax owed @ 24.0%: −$107
• After-tax cash flow: $2,285/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 · 8 photos

Fair 45/100 Moderate rehab Est. rehab $35,550–$63,990 screening

This home requires significant repairs and updates to its exterior and interior, but has potential for a substantial increase in value with proper renovations.

Components & finishes AI

Roof metal · good Flooring tile

Deferred maintenance Est. $3,000–$12,000 screening

• Minor Roof (roof) — No visible signs of damage or wear on the roof.
• Minor Windows (windows) — No visible signs of damage or wear on the windows.
• Minor Electrical (electrical) — No visible signs of damage or wear on the electrical components.
• Minor Plumbing (plumbing) — No visible signs of damage or wear on the plumbing.
• Minor Exterior (exterior) — No visible signs of damage or wear on the exterior.
• Minor Other — No visible signs of damage or wear on other components.

Repairs flagged

• Major Exterior siding — Significant wear and tear
• Major Carpeted flooring — Worn and in need of replacement
• Major Painted walls — Faded and in need of fresh paint

Value-add opportunities

• Both Painting and repainting the exterior siding — Fresh paint can improve curb appeal and home value ↑
• Both Replacing carpeted flooring with hardwood or tile — New flooring can improve the home's appearance and increase its value ↑
• Both Painting interior walls — Fresh paint can make the interior look more inviting and increase its value ↑

ⓘ Rehab cost is a screening estimate — Moderate 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 37/100

Zoned Schools

Elementary Memorial El D- TX #1,133/4,322 Nat'l #15,897/41,679 Middle Central Middle F TX #786/1,662 Nat'l #7,065/14,009 High Weslaco H S F TX #1,147/1,632 Nat'l #11,621/17,239

Schools (NCES district)

• District: Weslaco ISD
• NCES district ID: 4844960
• Math proficiency: 23% ▼ -29.00%
• Reading proficiency: 31% ▼ -9.00%
• Median HH income: $32,867
• Composite: 22.05/100
• National rank: #8196
• State rank: #705 of 826 in TX

B Composite livability gradescore 72/100

Livability — Weslaco

• Score: 72/100
• State rank: #277
• US rank: #6469

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Weslaco, TX
• County: Hidalgo · 955,232 people
• Metro: McAllen-Edinburg-Mission, TX
• Population (ZIP): 38,942
• Household income: $53,797
• Rent vs Own: 35.5% rent · 64.5% own
• Severe rent burden: 11% 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 (86%)
• Race & ethnicity: Hispanic / Latino 86% Two or more races 38% White 13%
• Hispanic origin (detail): Mexican 82%
• Common ancestry: Slovak 1%
• Foreign-born: 17% · Canada
• Languages at home: 27% English-only · Spanish 72%

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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: ▼ -0.58%
• Current HPI: 261.5117
• 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

+86.0% since first listed

12 events — show timeline

• 2026-02-14 Price Changed $130,000 RGVMLS
• 2026-02-07 Price Changed $133,000 RGVMLS
• 2026-01-03 Listed $135,000 RGVMLS
• 2018-08-09 Price Changed $69,900 MCALLENMLS
• 2018-08-08 Sold (MLS) — RGVMLS
• 2018-08-08 Sold (MLS) — MCALLENMLS
• 2018-07-18 Pending — MCALLENMLS
• 2018-06-22 Delisted — MCALLENMLS
• 2018-06-22 Price Changed $72,000 MCALLENMLS
• 2018-05-10 Listed $69,900 MCALLENMLS
• 2018-05-10 Listed $69,900 RGVMLS
• 1999-04-05 Sold (Public Records) — Public Records

Property tax history

+7.7%/yr

Latest (2025): $3,597 · +9.8% YoY. Source: county tax records.