311 S 8th St · Hidalgo, TX 78557

$129,900

1 bd · 1.0 ba · 880 sqft · SingleFamily public records · 28 Days on market

Built 1983 6,216 sqft lot

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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 +19.5/30.0
• Appreciation +10.0/10.0
• ARV discount +7.5/15.0
• DSCR +6.2/10.0
• 1% rule +5.1/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.4/10.0

Listing remarks

This fully renovated home has been thoughtfully redesigned from top to bottom, featuring a fresh contemporary aesthetic. The interior boasts stunning wood-look tile flooring, recessed lighting, and a sleek marble-look kitchen with a seamless matching backsplash and modern cabinetry. The open-concept living area serves as a true flex space, ideal for a second lounge, home office, media room, or gym. The primary suite offers personalized comfort with a high-efficiency mini-split, while updated bathrooms feature stylish modern fixtures and black accents. Set on an spacious lot with plenty of room to entertain, the home also includes a brand-new 30-year composition shingle roof for added durabi

Key facts

• Matching backsplash
• Marble-look kitchen
• Modern cabinetry

Tags

• WOOD-LOOK TILE FLOORING
• MARBLE-LOOK KITCHEN
• MATCHING BACKSPLASH
• MODERN CABINETRY
• OPEN-CONCEPT LIVING AREA
• HIGH-EFFICIENCY MINI-SPLIT

Property features AI

Finance

• HOA & community: No homeowners association

Exterior

• Parking: No garage
• Security: Smoke detector(s)
• Utilities: Public water; City sewer; Electric power (implied by electric water heater)
• Home design: Property living area source: HidalgoCAD
• Construction: Wood siding; Slab foundation; Composition shingle roof; Building area approximately 880
• Exterior features: Wood fencing; Mature trees; Paved road

Interior

• Kitchen: No conveying appliances
• Bedrooms: Living area(s): 2
• Flooring: Tile
• Bathrooms: 1 full bathroom
• Heating & cooling: Heat pump heating; Heat pump cooling; Window unit(s)
• Interior features: Tile flooring; Countertops (other); Bonus room; Ceiling fan(s); Other interior features; No window coverings; Smoke detector(s)
• Laundry & utility: Laundry room with washer/dryer connection; Electric water heater; Water heater located in laundry room

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath single-family listed at $130k.

Deal economics

• At list price, monthly cash flow is $147 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $130k).
• Recommended offer: $128k (1.5% below list) — sets the bar for market timing.
• Cap rate 7.6% vs local median 4.2% in Hidalgo — 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 68/100 on livability (#488 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A-; Watch: amenities F, commute F, employment F.
• Hidalgo ISD (suburban): math 25% / reading 32% proficiency, ranked #678 of 826 in TX (top 82%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 66% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Hidalgo El (math 50% / reading 30%, grade F, #1,541 of 4,322 statewide, top 36%, 389 students, 94% FRL); Diaz J H (math 52% / reading 15%, grade F, #911 of 1,662 statewide, top 56%, 565 students, 88% FRL); Hidalgo Early College H S (math 10% / reading 30%, grade F, #1,397 of 1,632 statewide, top 87%, 1,083 students, 86% FRL) — zoned schools average 89% FRL vs 66% district-wide (23 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 98 active listings in the ZIP; 7,378 units permitted in Hidalgo County in 2024 (641 in 5+ unit buildings).

Forward outlook

• In year one you build about $14k of equity ($898 loan paydown + $13k 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 $36k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 3, paydown + projected appreciation supports a ~$35k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 28 days — a 2% lower offer ($128k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 95% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $127,951 (1.5% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
3. 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.
4. 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.
5. 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: 1.01% ✓
• Cap rate: 7.65%
• Cash-on-cash: 4.84%
• DSCR: 1.22
• GRM: 8.2

CMA / ARV

• ARV (on-the-fly): $80,080
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
408 E Gardenia Ave	0.41mi	2/1.0 (+1)	860 (-2%)	20mo	$78,000	$91	56

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: 27.8%
• Equity multiple: 3.20×
• Total profit: $80,099
• Equity at exit: $117,024

10-year hold

• IRR: 24.2%
• Equity multiple: 7.28×
• Total profit: $228,570
• Equity at exit: $252,367

Cash invested: $36,372 (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 78557

• Home prices YoY: 17.9%
• Active inventory: 98
• Price-to-rent: 8.2×

Monthly cashflow live

• Estimated rent: $1,314 medium
• Mortgage (P&I): −$681
• Tax from tax record: −$157 /mo · $1,878/yr
• Insurance: −$54
• HOA: −$0
• Vacancy / Maint / Mgmt: −$276
• Net cashflow: $147

Break-even live

Break-even rent $1,129

Max offer price $129,900

Occupancy floor 84%

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: $32,475
• Closing costs: $3,897
• Reserves months: —
• Total cash needed: —

Listing history 22 events

1. 2026-06-18
   days on market $129,900 Active 28 DOM
2. 2026-06-17
   days on market $129,900 Active 27 DOM
3. 2026-06-16
   days on market $129,900 Active 26 DOM
4. 2026-06-15
   days on market $129,900 Active 25 DOM
5. 2026-06-14
   days on market $129,900 Active 23 DOM
6. 2026-06-10
   days on market $129,900 Active 20 DOM
7. 2026-06-09
   days on market $129,900 Active 19 DOM
8. 2026-06-08
   days on market $129,900 Active 18 DOM
9. 2026-06-07
   days on market $129,900 Active 17 DOM
10. 2026-06-05
    days on market $129,900 Active 14 DOM
11. 2026-06-03
    days on market $129,900 Active 13 DOM
12. 2026-06-02
    days on market $129,900 Active 12 DOM
13. 2026-06-01
    days on market $129,900 Active 11 DOM
14. 2026-05-31
    days on market $129,900 Active 10 DOM
15. 2026-05-31
    days on market $129,900 Active 9 DOM
16. 2026-05-21
    listed $129,900 Active
17. 2022-08-29
    soldstatus
18. 2010-10-12
    soldstatus
19. 2010-03-02
    soldstatus
20. 2001-06-28
    soldstatus
21. 2001-02-20
    soldstatus
22. 2001-02-20
    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: $1,878 · $157/mo
• Projected year-2 tax: $2,377 · $198/mo
• Expected delta: +$499/yr (+$42/mo · 26.6%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 4/10 Moderate FEMA zone X (shaded) · 22% chance over 30 yrs
• 🔥 Wildfire 6/10 Major
• 🌡 Heat 9/10 Extreme 7 d/yr ≥111°F today · 24 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 95% 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: $15,774
• − Mortgage interest: −$7,276
• − Property taxes: −$1,878
• − Insurance: −$650
• − Repairs & maintenance: −$1,262
• − Management: −$1,262
• − Depreciation: −$3,779
• Taxable loss: −$333
• Est. tax savings @ 24.0%: +$80
• After-tax cash flow: $1,839/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: Hidalgo ISD
• NCES district ID: 4823100
• Math proficiency: 25% ▼ -32.00%
• Reading proficiency: 32% ▼ -10.00%
• Median HH income: $35,219
• Composite: 23.52/100
• National rank: #7866
• State rank: #678 of 826 in TX

Livability — Hidalgo

• Score: 68/100
• State rank: #488
• US rank: #9681

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Hidalgo, TX
• City population: 14,250
• Population (ZIP): 14,250

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 (99%)
• Race & ethnicity: Hispanic / Latino 99% Two or more races 47%
• Hispanic origin (detail): Mexican 93%
• Foreign-born: 39% · Canada
• Languages at home: 6% English-only · Spanish 94%

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: ▲ 34.26%
• Current HPI: 225.701
• 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

7 events — show timeline

• 2026-05-21 Listed $129,900 MCALLENMLS
• 2022-08-29 Sold (Public Records) — Public Records
• 2010-10-12 Sold (Public Records) — Public Records
• 2010-03-02 Sold (Public Records) — Public Records
• 2001-06-28 Sold (Public Records) — Public Records
• 2001-02-20 Sold (Public Records) — Public Records
• 2001-02-20 Sold (Public Records) — Public Records

Property tax history

+8.2%/yr

Latest (2025): $1,878 · +18.5% YoY. Source: county tax records.