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2210 Morning Ln
D- Composite 38.13
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).

  • ARV discount +10.9/15.0
  • Cash flow +8.7/30.0
  • Livability +3.8/5.0
  • 1% rule +3.7/10.0
  • Schools +3.4/10.0
  • Rent growth +2.7/5.0
  • Condition / age +2.5/5.0
  • DSCR +2.4/10.0
  • Appreciation +0.0/10.0

$235,000

2210 Morning Ln · Mission, TX 78572
3 bd · 2.0 ba · 2,207 sqft · SingleFamily public records · 193 Days on market
Built 1996 7,139 sqft lot $106/sqft · 14% below area Est $254k · 8% under ↓ 15% since listing

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Your search is over! This beautiful four bedroom two and a half bathroom home is the one you have been looking for. Enjoy an open and airy floor plan featuring neutral paint colors and low maintenance flooring throughout. The hardwood look laminate flooring in the bedrooms was installed in 2018. With three spacious living areas and a private office, there is plenty of room for relaxation, entertainment, or creating the perfect game or media room. The open dining area and oversized family room make this home an ideal place to gather. The kitchen was remodeled in 2021 and offers ample storage and modern finishes. Four sizable bedrooms include the primary suite, which features a remodeled en suite bathroom with an oversized spa-like shower and jacuzzi tub completed in 2023. Roof is less than five years old. Step outside and enjoy the fully fenced back yard that is perfect for barbeques, relaxation, and outdoor gatherings.

Key facts

  • Private office
  • Remodeled kitchen
  • 7,139 sq ft lot

Tags

OPEN AND AIRY FLOOR PLANPRIVATE OFFICEREMODELED KITCHENOVERSIZED SPA-LIKE SHOWERFULLY FENCED BACK YARD

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath single-family listed at $235k.

Deal economics

  • At list price, monthly cash flow is $-197 ($-2k/yr) — negative.
  • To cash-flow at today's rent, offer at most $200k (14.8% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $204k (13.2% below list).
  • Recommended offer: $200k (14.8% below list) — sets the bar for cash-flow.
  • Cap rate 5.3% vs local median 3.5% in Mission — 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 75/100 on livability (#148 in TX, #4,155 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: schools C-, amenities F, commute F.
  • Sharyland ISD (urban): math 34% / reading 44% proficiency, ranked #406 of 826 in TX (top 49%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: Rents flat; 852 active listings in the ZIP; 35 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 7,378 units permitted in Hidalgo County in 2024 (641 in 5+ unit buildings).
  • At $2,039/mo this rent would consume 45% of the median local household income ($54k/yr) (locally 1714% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
  • 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 193 days — a 12% lower offer ($207k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts; this cycle's ask has dropped $15k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Recommended offer $200,205 (14.8% 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 193 days. Have you received any prior offers? Is the seller open to a 15% concession, seller financing, or rate buy-down credit?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  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
0.87%
Cap rate
5.29%
Cash-on-cash
-3.59%
DSCR
0.84
GRM
9.6

CMA / ARV

ARV (median comp)
$254,267
List price
$235,000
Delta
-7.58%
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
2205 Village Dr 0.31mi 4/3.0 (+1) 2,224 (+1%) 6mo $390,000 $175 70
1902 E 24th St 0.44mi 4/3.0 (+1) 2,221 (+1%) 2mo $309,000 $139 67
1800 E 24th St 0.56mi 3/2.5 2,133 (-3%) 1mo $299,000 $140 66
2215 Grapefruit Ave 0.37mi 4/3.5 (+1) 2,108 (-4%) 6mo $260,000 $123 59
2413 Summer Breeze Ave 0.38mi 3/3.0 1,964 (-11%) 1mo $295,000 $150 59
2503 Yarrow St 0.54mi 3/2.5 2,031 (-8%) 6mo $373,000 $184 54
2502 Viola St 0.62mi 4/3.0 (+1) 2,312 (+5%) 2mo $415,000 $179 52
2511 Wernecke Ave 0.50mi 4/3.0 (+1) 2,396 (+9%) 2mo $402,900 $168 52
2500 Yarrow St 0.52mi 4/3.0 (+1) 2,022 (-8%) 9mo $390,000 $193 45
2506 Dove Ave 0.48mi 4/3.5 (+1) 2,480 (+12%) 4mo $335,000 $135 42
2509 Wisteria Dr 0.59mi 4/3.0 (+1) 1,968 (-11%) 4mo $360,000 $183 42
2509 Viola St 0.65mi 3/3.0 1,966 (-11%) 7mo $330,000 $168 41

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

Projected returns pro-forma

-3.0% appreciation · 0.93% rent growth · sell at horizon

5-year hold
IRR
-24.9%
Equity multiple
0.17×
Total profit
$-54,642
Equity at exit
$35,039
10-year hold
IRR
-29.3%
Equity multiple
-0.21×
Total profit
$-79,532
Equity at exit
$20,319

Cash invested: $65,800 (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.

ZIP-level market 78572

Home prices YoY
-22.9%
Rents YoY
0.9%
Active inventory
852
Price-to-rent
9.6×

Monthly cashflow live

Estimated rent
$2,039 high interval (Pro) →
Mortgage (P&I)
$1,232
Tax from tax record
$478 /mo · $5,731/yr
Insurance
$98
HOA
$0
Vacancy / Maint / Mgmt
$428
Net cashflow
$-197

Break-even live

Break-even rent $2,288
Max offer price $200,205
Occupancy floor

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
$58,750
Closing costs
$7,050
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 35 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
2212 Lilly Cove Dr Mission, TX 3.0 3.0 1950 $1,750 $0.90 43d 1 0.05mi
2201 E 21st St Mission, TX 4.0 2.0 1529 $1,850 $1.21 14d 1 0.15mi
2203 E 19th St Mission, TX 3.0 2.0 1856 $2,300 $1.24 23d 1 0.27mi
2200 E 19th St Mission, TX 3.0 2.0 1829 $1,950 $1.07 43d 1 0.30mi
2111 E 25th St Mission, TX 3.0 2.5 2239 $2,000 $0.89 43d 1 0.41mi
2510 May Ave Mission, TX 4.0 4.0 2437 $2,500 $1.03 23d 1 0.47mi
1801 Crown Pointe Blvd Mission, TX 3.0 2.0 1609 $1,650 $1.03 14d 1 0.52mi
2514 Yarrow St Mission, TX 3.0 2.0 1682 $2,700 $1.61 23d 1 0.55mi
2609 May Ave Mission, TX 3.0 2.0 1670 $1,800 $1.08 43d 1 0.57mi
2614 E Solar Dr Mission, TX 3.0 2.5 1492 $3,000 $2.01 23d 1 0.58mi
1403 N Shary Rd Mission, TX 3.0 2.0 2670 $2,000 $0.75 43d 1 0.58mi
2516 Wisteria Dr Mission, TX 4.0 3.0 2066 $2,800 $1.36 14d 1 0.59mi
2200 E 27th St Mission, TX 4.0 3.5 2351 $2,600 $1.11 43d 1 0.60mi
2505 E Solar Dr Mission, TX 3.0 3.5 1550 $2,300 $1.48 43d 1 0.61mi
1606 Terrace Dr Mission, TX 4.0 3.0 2127 $2,600 $1.22 14d 1 0.71mi
2715 Mimosa St #12 Mission, TX 3.0 2.0 1408 $1,350 $0.96 14d 1 0.71mi
1604 Toni Ln Mission, TX 2.0 2.5 2848 $1,800 $0.63 14d 1 0.71mi
2401 E 27th St Mission, TX 3.0 2.0 1727 $1,850 $1.07 23d 1 0.72mi
5125 Sequoia Ave McAllen, TX 3.0 2.5 1896 $2,600 $1.37 43d 1 0.91mi
5008 W Sycamore Ave McAllen, TX 4.0 3.5 2488 $2,800 $1.13 14d 1 1.00mi
1511 E 28th St Mission, TX 4.0 2.5 2741 $2,400 $0.88 43d 1 1.03mi
2436 E 8th Ave Mission, TX 3.0 3.0 1987 $2,700 $1.36 44d 1 1.05mi
2510 E U.S. Business 83 Unit 7 Mission, TX 2.0 1.5 2176 $800 $0.37 43d 1 1.06mi
2435 E 7th Ave Mission, TX 3.0 3.0 2366 $2,300 $0.97 44d 1 1.06mi
1412 E 28th St Mission, TX 4.0 3.0 2068 $2,300 $1.11 23d 1 1.10mi
4608 W Ivy Ave McAllen, TX 3.0 2.0 1655 $1,900 $1.15 14d 1 1.16mi
1013 N 47th St McAllen, TX 4.0 2.0 1663 $1,650 $0.99 21d 1 1.16mi
2216 Robyn Ln Mission, TX 3.0 3.0 2033 $2,000 $0.98 21d 1 1.19mi
736 N 46th St McAllen, TX 4.0 3.5 2749 $2,500 $0.91 19d 1 1.21mi
1301 San Felipe Dr Mission, TX 4.0 3.0 2788 $2,100 $0.75 43d 1 1.21mi
4704 Date Palm Ave McAllen, TX 3.0 2.0 2120 $2,200 $1.04 23d 1 1.23mi
4505 Quince Ave McAllen, TX 4.0 3.5 2267 $2,300 $1.01 19d 1 1.23mi
402 Hackberry Ave Mission, TX 3.0 2.5 1950 $2,100 $1.08 23d 1 1.32mi
2304 N 45th St McAllen, TX 3.0 2.5 1669 $2,500 $1.50 19d 1 1.37mi
211 Driftwood Ave Mission, TX 4.0 3.5 2614 $3,100 $1.19 23d 1 1.47mi

Listing history 11 events

  1. 2026-05-31
    status $235,000 Pending 193 DOM
  2. 2026-05-31
    days on market $235,000 Option 193 DOM
  3. 2026-04-02
    price $235,000 932-char remark
    Show marketing remark (932 chars)

    Your search is over! This beautiful four bedroom two and a half bathroom home is the one you have been looking for. Enjoy an open and airy floor plan featuring neutral paint colors and low maintenance flooring throughout. The hardwood look laminate flooring in the bedrooms was installed in 2018. With three spacious living areas and a private office, there is plenty of room for relaxation, entertainment, or creating the perfect game or media room. The open dining area and oversized family room make this home an ideal place to gather. The kitchen was remodeled in 2021 and offers ample storage and modern finishes. Four sizable bedrooms include the primary suite, which features a remodeled en suite bathroom with an oversized spa-like shower and jacuzzi tub completed in 2023. Roof is less than five years old. Step outside and enjoy the fully fenced back yard that is perfect for barbeques, relaxation, and outdoor gatherings.

  4. 2026-01-11
    price $245,000 932-char remark
    Show marketing remark (932 chars)

    Your search is over! This beautiful four bedroom two and a half bathroom home is the one you have been looking for. Enjoy an open and airy floor plan featuring neutral paint colors and low maintenance flooring throughout. The hardwood look laminate flooring in the bedrooms was installed in 2018. With three spacious living areas and a private office, there is plenty of room for relaxation, entertainment, or creating the perfect game or media room. The open dining area and oversized family room make this home an ideal place to gather. The kitchen was remodeled in 2021 and offers ample storage and modern finishes. Four sizable bedrooms include the primary suite, which features a remodeled en suite bathroom with an oversized spa-like shower and jacuzzi tub completed in 2023. Roof is less than five years old. Step outside and enjoy the fully fenced back yard that is perfect for barbeques, relaxation, and outdoor gatherings.

  5. 2025-11-18
    listed $250,000 Active 932-char remark
    Show marketing remark (932 chars)

    Your search is over! This beautiful four bedroom two and a half bathroom home is the one you have been looking for. Enjoy an open and airy floor plan featuring neutral paint colors and low maintenance flooring throughout. The hardwood look laminate flooring in the bedrooms was installed in 2018. With three spacious living areas and a private office, there is plenty of room for relaxation, entertainment, or creating the perfect game or media room. The open dining area and oversized family room make this home an ideal place to gather. The kitchen was remodeled in 2021 and offers ample storage and modern finishes. Four sizable bedrooms include the primary suite, which features a remodeled en suite bathroom with an oversized spa-like shower and jacuzzi tub completed in 2023. Roof is less than five years old. Step outside and enjoy the fully fenced back yard that is perfect for barbeques, relaxation, and outdoor gatherings.

  6. 2025-08-19
    price $255,000
  7. 2025-06-25
    price $260,000
  8. 2025-05-30
    price $270,000
  9. 2025-04-08
    listed $275,000 Active
  10. 2018-05-21
    soldstatus
  11. 1996-10-15
    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
$5,731 · $478/mo
Projected year-2 tax
$5,731 · $478/mo
Expected delta
$0/yr ($0/mo · 0.0%)

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

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$24,470
− Mortgage interest
−$13,164
− Property taxes
−$5,731
− Insurance
−$1,175
− Repairs & maintenance
−$1,958
− Management
−$1,958
− Depreciation
−$6,836
Taxable loss
−$6,352
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,524
After-tax cash flow
$-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
Sharyland ISD
NCES district ID
4839930
Math proficiency
34% ▼ -35.00%
Reading proficiency
44% ▼ -15.00%
Median HH income
$57,792
Composite
34.38/100
National rank
#5214
State rank
#406 of 826 in TX

Livability — Mission

Score
75/100
State rank
#148
US rank
#4155

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Mission, TX
County
Hidalgo County · 623,128 people
City population
78,024
Metro
McAllen-Edinburg-Mission, TX
Population (ZIP)
78,024
Household income
$54,298
Rent vs Own
29.0% rent · 71.0% own
Severe rent burden
1714.0

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 (85%)
Race & ethnicity
Hispanic / Latino 85% Two or more races 47% White 12% Asian 2%
Hispanic origin (detail)
Mexican 80%
Common ancestry
Slovak 1% Portuguese 0%
Foreign-born
28% · Canada, South Korea
Languages at home
22% English-only · Spanish 76%

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
▼ -62.35%
Current HPI
209.3573
Rent YoY
▲ 0.93%
Metro
McAllen-Edinburg-Mission, TX
State GDP YoY
▲ 3.95%
F500 in state
110

Industry mix (Fortune 500 HQ in TX)

Industry F500 HQs Revenue

Price history

-14.5% since first listed
9 events — show timeline
  • 2026-04-02 Price Changed $235,000 MCALLENMLS
  • 2026-01-11 Price Changed $245,000 MCALLENMLS
  • 2025-11-18 Listed $250,000 MCALLENMLS
  • 2025-08-19 Price Changed $255,000 MCALLENMLS
  • 2025-06-25 Price Changed $260,000 MCALLENMLS
  • 2025-05-30 Price Changed $270,000 MCALLENMLS
  • 2025-04-08 Listed $275,000 MCALLENMLS
  • 2018-05-21 Sold (Public Records) Public Records
  • 1996-10-15 Sold (Public Records) Public Records

Property tax history

+4.5%/yr

Latest (2025): $5,731 · +10.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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