2212 Maryland Ave · Laredo, TX 78040

$100,000

4 bd · 2.0 ba · 1,020 sqft · SingleFamily public records · 38 Days on market

Built 1966 Fair condition 3,472 sqft lot $98/sqft · 30% below area Est $143k · 30% under

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Why this score? — see what drove the A- 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
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +9.3/10.0
• Appreciation +7.5/10.0
• Livability +3.7/5.0
• Rent growth +2.5/5.0
• Schools +2.3/10.0
• Condition / age +2.2/5.0

Listing remarks MLS

Property located in central Laredo. Close to LISD schools. Investors delight.

Key facts

• 3,472 sq ft lot
• Built 1966
• Listed 37 days

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $100k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $455 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $100k).
• Recommended offer: $97k (3.0% below list) — sets the bar for market timing.
• Cap rate 11.8% vs local median 4.2% 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: crime C-, employment D+, amenities F.
• Laredo ISD (urban): math 21% / reading 29% proficiency, ranked #739 of 826 in TX (top 90%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 82% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Don Jose Gallego (math 12% / reading 22%, grade F, #3,836 of 4,322 statewide, top 91%, 607 students, 98% FRL); Memorial Middle (math 19% / reading 26%, grade F, #1,341 of 1,662 statewide, top 82%, 668 students, 98% FRL); Nixon H S (math 26% / reading 34%, grade F, #1,096 of 1,632 statewide, top 68%, 2,218 students, 96% FRL).
• Market conditions: 135 active listings in the ZIP; 14 comparable units currently listed for rent nearby; rentals leasing fast (median 11d on market — plan ~1-2 weeks tenant-placement turnaround); 43% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 1,448 units permitted in Webb County in 2024 (245 in 5+ unit buildings).
• At $1,428/mo this rent would consume 48% of the median local household income ($36k/yr) (locally 15% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• In year one you build about $6k of equity ($691 loan paydown + $5k appreciation (4.9% local appreciation)).
• Webb County population projected at +23% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (4.9% appreciation + 3.0% rent growth), your $28k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 6, paydown + projected appreciation supports a ~$30k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 38 days — a 3% lower offer ($97k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 80% chance of damaging wind over 30y; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $97,000 (3.0% below list)

Questions for the listing agent

1. It's been on market 38 days. Have you received any prior offers? Is the seller open to a 3% 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. Built in 1966 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 1.43% ✓
• Cap rate: 11.75%
• Cash-on-cash: 19.50%
• DSCR: 1.87
• GRM: 5.8

CMA / ARV

• ARV (median comp): $142,630
• List price: $100,000
• Delta: -29.89%
• Verdict: UNDERPRICED
• Comps: 2 within 2.0 mi

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2715 Cedar Ave	0.37mi	4/1.0	852 (-16%)	0mo	$66,000	$77	54
3301 Guerrero St	1.82mi	2/1.0 (-2)	1,008 (-1%)	9mo	$89,500	$89	42
2607 San Bernardo Ave	0.89mi	4/1.5	963 (-6%)	59mo	$175,000	$182	34
406 Grant St	1.04mi	3/2.0 (-1)	1,187 (+16%)	9mo	$85,000	$72	28

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

Projected returns pro-forma

4.93% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 29.7%
• Equity multiple: 2.84×
• Total profit: $51,631
• Equity at exit: $56,233

10-year hold

• IRR: 28.4%
• Equity multiple: 5.69×
• Total profit: $131,260
• Equity at exit: $96,692

Cash invested: $28,000 (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: 7 active
• Months of supply: 42.0 mo (2%/mo absorbed)
• Median asking: $170,000 ($151/sqft)
• Median days on market: 17 d
• This list price: 14% of active listings are priced below it
• ARV vs active asking: -7.4% vs current asking $/sqft

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

ZIP-level market 78040

• Home prices YoY: 3.9%
• Active inventory: 135
• Price-to-rent: 5.8×

Monthly cashflow live

• Estimated rent: $1,428 high
• Mortgage (P&I): −$524
• Tax from tax record: −$107 /mo · $1,285/yr
• Insurance: −$42
• HOA: −$0
• Vacancy / Maint / Mgmt: −$300
• Net cashflow: $455

Break-even live

Break-even rent $852

Max offer price $100,000

Occupancy floor 63%

Sensitivity live

Price	-10% $512	-5% $483	+0% $455	+5% $427	+10% $398
Rent	-10% $342	-5% $399	+0% $455	+5% $511	+10% $568
Rate	-1.0pp $505	-0.5pp $480	base $455	+0.5pp $429	+1.0pp $403

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: $25,000
• Closing costs: $3,000
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 14 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3509 Springfield Ave Laredo, TX	3.0	2.0	1394	$1,250	$0.90	184d	1	0.84mi
1817 E Lyon St Laredo, TX	3.0	1.0	1368	$1,275	$0.93	1d	1	0.98mi
1817 E Lyon St Laredo, TX	3.0	1.0	1368	$1,300	$0.95	6d	1	0.98mi
3901 Logan Ave Laredo, TX	4.0	2.0	1462	$1,600	$1.09	38d	1	1.10mi
2115 Mier St Laredo, TX	3.0	2.0	1258	$1,450	$1.15	10d	1	1.15mi
2218 E Price St Laredo, TX	3.0	1.0	903	$1,300	$1.44	43d	1	1.18mi
2016 Rosario St Laredo, TX	3.0	1.0	1293	$1,350	$1.04	184d	1	1.26mi
2316 E Plum St Unit B Laredo, TX	3.0	2.0	1350	$1,500	$1.11	10d	1	1.33mi
3504 San Agustin Ave Laredo, TX	4.0	2.0	1498	$2,200	$1.47	43d	1	1.34mi
216 N Meadow Ave Unit 1 Laredo, TX	3.0	2.0	960	$1,300	$1.35	184d	1	1.42mi
1808 Chacon St Laredo, TX	3.0	2.0	1302	$1,600	$1.23	10d	1	1.43mi
4505 Springfield Ave Laredo, TX	1.0–3.0	1.0–2.0	740	$1,050	$1.42	10d	1	1.43mi
2325 E San Jose St #31 Laredo, TX	3.0	2.5	1452	$1,575	$1.08	1d	1	1.49mi
2325 E San Jose St #31 Laredo, TX	3.0	2.5	1452	$1,575	$1.08	6d	1	1.49mi

Property features AI

Exterior

• Parking: Concrete parking
• Utilities: Public water
• Home design: Single family residenceOne story
• Construction: Wood siding construction
• Exterior features: Chain link fencingLevel lot

Interior

• Flooring: TileVinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Window unit(s) for cooling
• Interior features: Electric water heaterTile and vinyl flooring

Listing history 32 events

1. 2026-08-03
   days on market $100,000 Active 38 DOM
2. 2026-07-31
   days on market $100,000 Active 35 DOM
3. 2026-07-30
   days on market $100,000 Active 34 DOM
4. 2026-07-29
   days on market $100,000 Active 33 DOM
5. 2026-07-27
   days on market $100,000 Active 31 DOM
6. 2026-07-26
   days on market $100,000 Active 30 DOM
7. 2026-07-24
   days on market $100,000 Active 28 DOM
8. 2026-07-23
   days on market $100,000 Active 27 DOM
9. 2026-07-22
   days on market $100,000 Active 26 DOM
10. 2026-07-21
    days on market $100,000 Active 25 DOM
11. 2026-07-20
    days on market $100,000 Active 24 DOM
12. 2026-07-18
    days on market $100,000 Active 22 DOM
13. 2026-07-17
    days on market $100,000 Active 21 DOM
14. 2026-07-16
    days on market $100,000 Active 20 DOM
15. 2026-07-14
    days on market $100,000 Active 18 DOM
16. 2026-07-13
    days on market $100,000 Active 17 DOM
17. 2026-07-12
    days on market $100,000 Active 16 DOM
18. 2026-07-12
    days on market $100,000 Active 15 DOM
19. 2026-07-10
    days on market $100,000 Active 14 DOM
20. 2026-07-09
    days on market $100,000 Active 13 DOM
21. 2026-07-07
    days on market $100,000 Active 11 DOM
22. 2026-07-06
    days on market $100,000 Active 10 DOM
23. 2026-07-05
    days on market $100,000 Active 9 DOM
24. 2026-07-05
    days on market $100,000 Active 8 DOM
25. 2026-07-03
    days on market $100,000 Active 7 DOM
26. 2026-07-02
    days on market $100,000 Active 6 DOM
27. 2026-07-01
    days on market $100,000 Active 5 DOM
28. 2026-06-30
    days on market $100,000 Active 4 DOM
29. 2026-06-29
    days on market $100,000 Active 3 DOM
30. 2026-06-28
    days on market $100,000 Active 2 DOM
31. 2026-06-27
    remarks 436-char remark
32. 2026-06-27
    listed $100,000 Active 1 DOM

ⓘ 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: $1,285 · $107/mo
• Projected year-2 tax: $1,830 · $152/mo
• Expected delta: +$545/yr (+$45/mo · 42.4%)

ⓘ 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 1/10 Low
• 🌡 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: $17,137
• − Mortgage interest: −$5,602
• − Property taxes: −$1,285
• − Insurance: −$500
• − Repairs & maintenance: −$1,371
• − Management: −$1,371
• − Depreciation: −$2,909
• Taxable income: $4,100
• Est. tax owed @ 24.0%: −$984
• After-tax cash flow: $4,477/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 · 9 photos

Fair 45/100 Moderate rehab Est. rehab $25,500–$45,900 screening

This property requires moderate renovations to improve its condition and increase its value. Key areas for improvement include the exterior, flooring, and interior walls.

Components & finishes AI

Roof asphalt shingle · good Flooring tile Appliances stainless steel HVAC central · new lt5

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

• Minor Roof (roof) — No visible signs of damage or wear
• Minor Hvac (hvac) — No visible signs of damage or wear
• Minor Windows (windows) — No visible signs of damage or wear
• Minor Electrical (electrical) — No visible signs of damage or wear
• Minor Plumbing (plumbing) — No visible signs of damage or wear
• Minor Exterior (exterior) — No visible signs of damage or wear

Repairs flagged

• Major damaged shed — structural damage
• Major fencing — rotting and unstable
• Major damaged tiles — visible cracks and unevenness

Value-add opportunities

• Both paint interior walls — enhances curb appeal and interior aesthetics ↑
• Both replace damaged tiles — improves functionality and appearance ↑
• Both repair damaged shed — restores structural integrity and enhances property value ↑
• Both repair fencing — enhances property security and aesthetics ↑

ⓘ 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 23/100

Zoned Schools

Elementary Don Jose Gallego F TX #3,836/4,322 Nat'l #35,191/41,679 Middle Memorial Middle F TX #1,341/1,662 Nat'l #11,105/14,009 High Nixon H S F TX #1,096/1,632 Nat'l #10,947/17,239

Schools (NCES district)

• District: Laredo ISD
• NCES district ID: 4826790
• Math proficiency: 21% ▼ -34.00%
• Reading proficiency: 29% ▼ -13.00%
• Median HH income: $25,655
• Composite: 19.7/100
• National rank: #8724
• State rank: #739 of 826 in TX

B Composite livability gradescore 73/100

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
• County: Webb · 301,387 people
• City population: 67,333
• Metro: Laredo, TX
• Population (ZIP): 36,115
• Household income: $35,742
• Rent vs Own: 62.1% rent · 37.9% own
• Severe rent burden: 15% of renters

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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%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Hispanic (97%)
• Race & ethnicity: Hispanic / Latino 97% Two or more races 56% White 3%
• Hispanic origin (detail): Mexican 95%
• Languages at home: 7% English-only · Spanish 93%

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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: ▲ 4.93%
• Current HPI: 133.0457
• 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

Property features AI

Exterior

• Parking: Concrete parking
• Utilities: Public water
• Home design: Single family residenceOne story
• Construction: Wood siding construction
• Exterior features: Chain link fencingLevel lot

Interior

• Flooring: TileVinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Window unit(s) for cooling
• Interior features: Electric water heaterTile and vinyl flooring

Price history

5 events — show timeline

• 2026-06-27 Listed $100,000 LAOR
• 2022-03-22 Sold (Public Records) — Public Records
• 2022-03-11 Sold (Public Records) — Public Records
• 2022-03-11 Sold (MLS) — LAOR
• 2021-06-22 Sold (Public Records) — Public Records

Property tax history

+3.5%/yr

Latest (2025): $1,285 · -2.4% YoY. Source: county tax records.