704 Santa Fe St #86 · Weslaco, TX 78596

$330,000

3 bd · 2.5 ba · 1,989 sqft · SingleFamily · 59 Days on market

Built 2016 10,781 sqft lot $166/sqft · 7% above area Est $308k · 7% over

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Why this score? — see what drove the D- 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 +12.2/30.0
• Appreciation +4.7/10.0
• ARV discount +4.3/15.0
• DSCR +3.6/10.0
• Livability +3.6/5.0
• 1% rule +3.5/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.2/10.0

Listing remarks MLS

WOW! WHAT-A-HOUSE! 3 Bedrooms, 2 Bathrooms, 2 Car Garage, Approximately 1,989 Square Feet of Living Area Built in 2017 (1-Owner)and Featuring Brick Veneer and Rock Construction, All Porcelain Tile Floors, All Stainless Steel Appliances CONVEY including, Smooth Surface Cook-Top Stove, Refrigerator, Built-In Dishwasher, Oven and Microwave! Also includes the Washer & Dryer Set! All Doors and Doorways are 8 feet high, Beautiful BIG Master Bedroom and Bathroom Suite, Split-Bedroom Design with 2 VERY ROOMY 2nd & 3rd Bedrooms, a Great 2nd Bathroom and a Powder Room for Guests! The Backyard is Enormous and features a Covered Patio with Beautiful Landscaping throughout including an automatic Sprinkler System that covers both the Front & Backyards! YOU GOTTA SEE THIS ONE!

Key facts

• Rock construction
• Porcelain floors
• Brick veneer

Tags

• BRICK VENEER
• ROCK CONSTRUCTION
• PORCELAIN FLOORS
• STAINLESS STEEL APPLIANCES
• SMOOTH SURFACE COOK-TOP STOVE
• BUILT-IN DISHWASHER

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath single-family listed at $330k.

Deal economics

• At list price, monthly cash flow is $-69 ($-823/yr) — negative.
• To cash-flow at today's rent, offer at most $320k (3.0% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $280k (15.2% below list).
• Recommended offer: $280k (15.2% below list) — sets the bar for 1% rule.
• Cap rate 6.0% vs local median 4.1% 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.
• Market conditions: 708 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 7,378 units permitted in Hidalgo County in 2024 (641 in 5+ unit buildings).

Forward outlook

• In year one you build about $354 of equity ($2k loan paydown + $-2k appreciation (-0.6% local appreciation)).
• Hidalgo County population projected at +28% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 59 days — a 3% lower offer ($320k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 10y 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

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; moderate 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 $280,000 (15.2% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 59 days. Have you received any prior offers? Is the seller open to a 15% concession, seller financing, or rate buy-down credit?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
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: 0.85% ✗
• Cap rate: 6.04%
• Cash-on-cash: -0.89%
• DSCR: 0.96
• GRM: 9.8

CMA / ARV

• ARV (median comp): $308,113
• List price: $330,000
• Delta: 7.10%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
711 Santa Elena St	0.15mi	3/2.0	2,015 (+1%)	11mo	$295,000	$146	80
3902 Tierra Escondida St	0.47mi	3/3.5	2,003 (+1%)	6mo	$360,500	$180	68
2501 S Louisiana Ave	0.57mi	3/3.0	1,940 (-2%)	5mo	$254,680	$131	63
1405 Helen Dr	0.46mi	4/3.0 (+1)	1,990 (+0%)	11mo	$349,000	$175	62
3901 Tierra Escondida	0.44mi	3/3.5	2,083 (+5%)	7mo	$339,000	$163	62
1602 Helen Dr	0.56mi	3/3.0	1,862 (-6%)	2mo	$299,999	$161	59
3818 Tierra Escondida Dr	0.45mi	3/3.5	1,846 (-7%)	6mo	$345,000	$187	58
1505 Helen Dr	0.50mi	4/3.0 (+1)	2,164 (+9%)	4mo	$376,490	$174	51
1513 Helen Dr	0.50mi	4/3.0 (+1)	2,161 (+9%)	9mo	$389,000	$180	48
1510 Helen Dr	0.51mi	4/3.0 (+1)	1,814 (-9%)	9mo	$297,000	$164	47
1401 Fairway Dr	0.58mi	4/3.0 (+1)	1,828 (-8%)	11mo	$299,900	$164	44
1421 Tierra Bella St	0.55mi	4/2.0 (+1)	1,700 (-14%)	7mo	$315,000	$185	37

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: -5.5%
• Equity multiple: 0.75×
• Total profit: $-22,933
• Equity at exit: $86,295

10-year hold

• IRR: 0.9%
• Equity multiple: 1.09×
• Total profit: $8,018
• Equity at exit: $96,403

Cash invested: $92,400 (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 →

ZIP-level market 78596

• Home prices YoY: -0.2%
• Active inventory: 708
• Price-to-rent: 9.8×

Monthly cashflow live

• Estimated rent: $2,800 medium
• Mortgage (P&I): −$1,731
• Tax est. 1.5%: −$412 /mo · $4,950/yr
• Insurance: −$138
• HOA: −$0
• Vacancy / Maint / Mgmt: −$588
• Net cashflow: $-69

Break-even live

Break-even rent $2,887

Max offer price $320,080

Occupancy floor 97%

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: $82,500
• Closing costs: $9,900
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3818 Tierra Escondida Weslaco, TX	3.0	3.5	1846	$2,800	$1.52	44d	1	0.46mi

Listing history 21 events

1. 2026-06-18
   days on market $330,000 Active 59 DOM
2. 2026-06-17
   days on market $330,000 Active 58 DOM
3. 2026-06-16
   days on market $330,000 Active 57 DOM
4. 2026-06-15
   days on market $330,000 Active 56 DOM
5. 2026-06-15
   days on market $330,000 Active 55 DOM
6. 2026-06-13
   days on market $330,000 Active 54 DOM
7. 2026-06-12
   days on market $330,000 Active 53 DOM
8. 2026-06-09
   days on market $330,000 Active 50 DOM
9. 2026-06-08
   days on market $330,000 Active 49 DOM
10. 2026-06-08
    days on market $330,000 Active 48 DOM
11. 2026-06-07
    days on market $330,000 Active 47 DOM
12. 2026-06-03
    days on market $330,000 Active 44 DOM
13. 2026-06-02
    days on market $330,000 Active 43 DOM
14. 2026-06-01
    days on market $330,000 Active 42 DOM
15. 2026-05-31
    days on market $330,000 Active 41 DOM
16. 2026-04-20
    listed $330,000 Active 790-char remark

    Show marketing remark (790 chars)

    WOW! WHAT-A-HOUSE! 3 Bedrooms, 2 Bathrooms, 2 Car Garage, Approximately 1,989 Square Feet of Living Area Built in 2017 (1-Owner)and Featuring Brick Veneer and Rock Construction, All Porcelain Tile Floors, All Stainless Steel Appliances CONVEY including, Smooth Surface Cook-Top Stove, Refrigerator, Built-In Dishwasher, Oven and Microwave! Also includes the Washer & Dryer Set! All Doors and Doorways are 8 feet high, Beautiful BIG Master Bedroom and Bathroom Suite, Split-Bedroom Design with 2 VERY ROOMY 2nd & 3rd Bedrooms, a Great 2nd Bathroom and a Powder Room for Guests! The Backyard is Enormous and features a Covered Patio with Beautiful Landscaping throughout including an automatic Sprinkler System that covers both the Front & Backyards! YOU GOTTA SEE THIS ONE!

17. 2018-06-05
    price $194,000 806-char remark

    Show marketing remark (806 chars)

    STUNNING! New Construction 3BR/2.5BA/2CAR Brick/Stone combo in a gated subdivision. Spacious open concept floor plan, elegant formal dining area, beautiful contemporary kitchen, featuring large island, granite counters, custom cabinets, spacious pantry & unique wine rack. High vaulted ceilings, uniquely designed lighted niches, security system, sprinkler system, rain gutters, granite window sills, walk-in closets, split bedrooms, energy efficient insulation & shiny porcelain floors throughout. Master bath includes double vanity, separate shower, shower bench, extra closet space, walk-in closet with built-ins & private commode. Large fenced back yard for those BBQ cookouts with family & friends. Great curb appeal with the manicured landscaping. Many extras. Must see to appreciate.

18. 2017-01-10
    soldstatus Sold 806-char remark

    Show marketing remark (806 chars)

    STUNNING! New Construction 3BR/2.5BA/2CAR Brick/Stone combo in a gated subdivision. Spacious open concept floor plan, elegant formal dining area, beautiful contemporary kitchen, featuring large island, granite counters, custom cabinets, spacious pantry & unique wine rack. High vaulted ceilings, uniquely designed lighted niches, security system, sprinkler system, rain gutters, granite window sills, walk-in closets, split bedrooms, energy efficient insulation & shiny porcelain floors throughout. Master bath includes double vanity, separate shower, shower bench, extra closet space, walk-in closet with built-ins & private commode. Large fenced back yard for those BBQ cookouts with family & friends. Great curb appeal with the manicured landscaping. Many extras. Must see to appreciate.

19. 2016-12-08
    historical 806-char remark

    Show marketing remark (806 chars)

    STUNNING! New Construction 3BR/2.5BA/2CAR Brick/Stone combo in a gated subdivision. Spacious open concept floor plan, elegant formal dining area, beautiful contemporary kitchen, featuring large island, granite counters, custom cabinets, spacious pantry & unique wine rack. High vaulted ceilings, uniquely designed lighted niches, security system, sprinkler system, rain gutters, granite window sills, walk-in closets, split bedrooms, energy efficient insulation & shiny porcelain floors throughout. Master bath includes double vanity, separate shower, shower bench, extra closet space, walk-in closet with built-ins & private commode. Large fenced back yard for those BBQ cookouts with family & friends. Great curb appeal with the manicured landscaping. Many extras. Must see to appreciate.

20. 2016-12-08
    price $199,000 806-char remark

    Show marketing remark (806 chars)

    STUNNING! New Construction 3BR/2.5BA/2CAR Brick/Stone combo in a gated subdivision. Spacious open concept floor plan, elegant formal dining area, beautiful contemporary kitchen, featuring large island, granite counters, custom cabinets, spacious pantry & unique wine rack. High vaulted ceilings, uniquely designed lighted niches, security system, sprinkler system, rain gutters, granite window sills, walk-in closets, split bedrooms, energy efficient insulation & shiny porcelain floors throughout. Master bath includes double vanity, separate shower, shower bench, extra closet space, walk-in closet with built-ins & private commode. Large fenced back yard for those BBQ cookouts with family & friends. Great curb appeal with the manicured landscaping. Many extras. Must see to appreciate.

21. 2016-09-23
    listed $199,000 Active 806-char remark

    Show marketing remark (806 chars)

    STUNNING! New Construction 3BR/2.5BA/2CAR Brick/Stone combo in a gated subdivision. Spacious open concept floor plan, elegant formal dining area, beautiful contemporary kitchen, featuring large island, granite counters, custom cabinets, spacious pantry & unique wine rack. High vaulted ceilings, uniquely designed lighted niches, security system, sprinkler system, rain gutters, granite window sills, walk-in closets, split bedrooms, energy efficient insulation & shiny porcelain floors throughout. Master bath includes double vanity, separate shower, shower bench, extra closet space, walk-in closet with built-ins & private commode. Large fenced back yard for those BBQ cookouts with family & friends. Great curb appeal with the manicured landscaping. Many extras. Must see to appreciate.

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (shaded) · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 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: $33,600
• − Mortgage interest: −$18,485
• − Property taxes: −$4,950
• − Insurance: −$1,650
• − Repairs & maintenance: −$2,688
• − Management: −$2,688
• − Depreciation: −$9,600
• Taxable loss: −$6,461
• Est. tax savings @ 24.0%: +$1,551
• After-tax cash flow: $728/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: 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

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
• Population (ZIP): 38,942

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 (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%

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

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

+65.8% since first listed

6 events — show timeline

• 2026-04-20 Listed $330,000 RGVMLS
• 2018-06-05 Price Changed $194,000 MCALLENMLS
• 2017-01-10 Sold (MLS) — MCALLENMLS
• 2016-12-08 Delisted — MCALLENMLS
• 2016-12-08 Price Changed $199,000 MCALLENMLS
• 2016-09-23 Listed $199,000 MCALLENMLS