25476 Altas Palmas Rd · Harlingen, TX 78552

$61,000

1 bd · 1.0 ba · 672 sqft · SingleFamily public records · 255 Days on market

Built 1985 5,400 sqft lot $91/sqft · at area comps Est $60k · at est.

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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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +6.8/15.0
• Livability +3.7/5.0
• Schools +2.5/10.0
• Condition / age +2.5/5.0
• Rent growth +2.0/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Beautifully Updated 1 Bath, 1 Bathroom Manufactured Home in the Sun Valley Village Mobile Home Park, a tranquil 55+ Community! Perfect for a year round resident or Winter Texans seeking an escape from cold and snowy winters. Home offers an open floor plan with laminate wood floors through out and a light and bright kitchen with modern finishes. Spacious Primary Bedroom and a beautifully updated full bathroom with large tiled shower. Home is equipped with central air and heat as well as 2 Brand NEW mini-splits that are still under warranty. Relax and unwind on the fully screened porch / sun room, the perfect place to enjoy coffee or enternaining. Property is fully fenced with a 5 ft chain fence and has an additional storage on property. Home is handicap accessible. PLUS! Enjoy the many on site amenities that Sun Valley Village community has to offer. The furnishings do not convey at this price and are being offered at a sales price of $65K (furnishings are brand new cost was $5K)

Key facts

• Large tiled shower
• Open floor plan
• Laminate wood floors

Tags

• OPEN FLOOR PLAN
• LAMINATE WOOD FLOORS
• LIGHT AND BRIGHT KITCHEN
• LARGE TILED SHOWER
• CENTRAL AIR AND HEAT
• FULLY SCREENED PORCH

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath single-family listed at $61k.

Deal economics

• At list price, monthly cash flow is $404 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $61k).
• Recommended offer: $54k (12.0% below list) — sets the bar for market timing.
• Cap rate 14.2% vs local median 3.8% in Harlingen — 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 (#217 in TX) — a middle-class / working-renter tenant base. Strengths: amenities A+, cost of living A+, housing A+; Watch: crime C-, schools D+, commute F.
• Harlingen CISD (urban): math 25% / reading 35% proficiency, ranked #647 of 826 in TX (top 78%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 74% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents soft (-1.9%/yr); 534 active listings in the ZIP; 2,326 units permitted in Cameron County in 2024 (503 in 5+ unit buildings).
• This rent is only 17% of the median local income ($70k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $422 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Cameron County population projected at +3% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 0.0% rent growth), your $17k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 255 days — a 12% lower offer ($54k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 11y ago; this cycle's ask has dropped $22k (26%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $53,680 (12.0% below list)

Questions for the listing agent

1. It's been on market 255 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
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: 1.67% ✓
• Cap rate: 14.23%
• Cash-on-cash: 28.36%
• DSCR: 2.26
• GRM: 5.0

CMA / ARV

• ARV (median comp): $60,000
• List price: $61,000
• Delta: 1.67%
• Verdict: FAIR
• Comps: 1 within 2.0 mi

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: 19.2%
• Equity multiple: 1.75×
• Total profit: $12,849
• Equity at exit: $9,095

10-year hold

• IRR: 25.5%
• Equity multiple: 2.92×
• Total profit: $32,791
• Equity at exit: $5,274

Cash invested: $17,080 (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 78552

• Home prices YoY: -13.8%
• Rents YoY: -1.9%
• Active inventory: 534
• Price-to-rent: 5.0×

Monthly cashflow live

• Estimated rent: $1,016 medium
• Mortgage (P&I): −$320
• Tax from tax record: −$54 /mo · $647/yr
• Insurance: −$25
• HOA: −$0
• Vacancy / Maint / Mgmt: −$213
• Net cashflow: $404

Break-even live

Break-even rent $505

Max offer price $61,000

Occupancy floor 55%

Sensitivity live

Price	-10% $438	-5% $421	+0% $404	+5% $386	+10% $369
Rent	-10% $323	-5% $364	+0% $404	+5% $444	+10% $484
Rate	-1.0pp $434	-0.5pp $419	base $404	+0.5pp $388	+1.0pp $372

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: $15,250
• Closing costs: $1,830
• Reserves months: —
• Total cash needed: —

Listing history 36 events

1. 2026-06-18
   days on market $61,000 Active 255 DOM
2. 2026-06-17
   days on market $61,000 Active 254 DOM
3. 2026-06-16
   days on market $61,000 Active 253 DOM
4. 2026-06-15
   days on market $61,000 Active 252 DOM
5. 2026-06-14
   days on market $61,000 Active 250 DOM
6. 2026-06-10
   days on market $61,000 Active 247 DOM
7. 2026-06-09
   days on market $61,000 Active 246 DOM
8. 2026-06-08
   days on market $61,000 Active 245 DOM
9. 2026-06-07
   days on market $61,000 Active 244 DOM
10. 2026-06-03
    days on market $61,000 Active 240 DOM
11. 2026-06-02
    days on market $61,000 Active 239 DOM
12. 2026-06-01
    days on market $61,000 Active 238 DOM
13. 2026-05-31
    days on market $61,000 Active 237 DOM
14. 2026-05-30
    days on market $61,000 Active 236 DOM
15. 2026-05-18
    price $61,000 994-char remark

    Show marketing remark (994 chars)

    Beautifully Updated 1 Bath, 1 Bathroom Manufactured Home in the Sun Valley Village Mobile Home Park, a tranquil 55+ Community! Perfect for a year round resident or Winter Texans seeking an escape from cold and snowy winters. Home offers an open floor plan with laminate wood floors through out and a light and bright kitchen with modern finishes. Spacious Primary Bedroom and a beautifully updated full bathroom with large tiled shower. Home is equipped with central air and heat as well as 2 Brand NEW mini-splits that are still under warranty. Relax and unwind on the fully screened porch / sun room, the perfect place to enjoy coffee or enternaining. Property is fully fenced with a 5 ft chain fence and has an additional storage on property. Home is handicap accessible. PLUS! Enjoy the many on site amenities that Sun Valley Village community has to offer. The furnishings do not convey at this price and are being offered at a sales price of $65K (furnishings are brand new cost was $5K)

16. 2026-05-01
    status Active 994-char remark

    Show marketing remark (994 chars)

    Beautifully Updated 1 Bath, 1 Bathroom Manufactured Home in the Sun Valley Village Mobile Home Park, a tranquil 55+ Community! Perfect for a year round resident or Winter Texans seeking an escape from cold and snowy winters. Home offers an open floor plan with laminate wood floors through out and a light and bright kitchen with modern finishes. Spacious Primary Bedroom and a beautifully updated full bathroom with large tiled shower. Home is equipped with central air and heat as well as 2 Brand NEW mini-splits that are still under warranty. Relax and unwind on the fully screened porch / sun room, the perfect place to enjoy coffee or enternaining. Property is fully fenced with a 5 ft chain fence and has an additional storage on property. Home is handicap accessible. PLUS! Enjoy the many on site amenities that Sun Valley Village community has to offer. The furnishings do not convey at this price and are being offered at a sales price of $65K (furnishings are brand new cost was $5K)

17. 2026-05-01
    historical 994-char remark

    Show marketing remark (994 chars)

    Beautifully Updated 1 Bath, 1 Bathroom Manufactured Home in the Sun Valley Village Mobile Home Park, a tranquil 55+ Community! Perfect for a year round resident or Winter Texans seeking an escape from cold and snowy winters. Home offers an open floor plan with laminate wood floors through out and a light and bright kitchen with modern finishes. Spacious Primary Bedroom and a beautifully updated full bathroom with large tiled shower. Home is equipped with central air and heat as well as 2 Brand NEW mini-splits that are still under warranty. Relax and unwind on the fully screened porch / sun room, the perfect place to enjoy coffee or enternaining. Property is fully fenced with a 5 ft chain fence and has an additional storage on property. Home is handicap accessible. PLUS! Enjoy the many on site amenities that Sun Valley Village community has to offer. The furnishings do not convey at this price and are being offered at a sales price of $65K (furnishings are brand new cost was $5K)

18. 2026-02-24
    price $69,000 994-char remark

    Show marketing remark (994 chars)

    Beautifully Updated 1 Bath, 1 Bathroom Manufactured Home in the Sun Valley Village Mobile Home Park, a tranquil 55+ Community! Perfect for a year round resident or Winter Texans seeking an escape from cold and snowy winters. Home offers an open floor plan with laminate wood floors through out and a light and bright kitchen with modern finishes. Spacious Primary Bedroom and a beautifully updated full bathroom with large tiled shower. Home is equipped with central air and heat as well as 2 Brand NEW mini-splits that are still under warranty. Relax and unwind on the fully screened porch / sun room, the perfect place to enjoy coffee or enternaining. Property is fully fenced with a 5 ft chain fence and has an additional storage on property. Home is handicap accessible. PLUS! Enjoy the many on site amenities that Sun Valley Village community has to offer. The furnishings do not convey at this price and are being offered at a sales price of $65K (furnishings are brand new cost was $5K)

19. 2025-10-23
    price $75,000 994-char remark

    Show marketing remark (994 chars)

    Beautifully Updated 1 Bath, 1 Bathroom Manufactured Home in the Sun Valley Village Mobile Home Park, a tranquil 55+ Community! Perfect for a year round resident or Winter Texans seeking an escape from cold and snowy winters. Home offers an open floor plan with laminate wood floors through out and a light and bright kitchen with modern finishes. Spacious Primary Bedroom and a beautifully updated full bathroom with large tiled shower. Home is equipped with central air and heat as well as 2 Brand NEW mini-splits that are still under warranty. Relax and unwind on the fully screened porch / sun room, the perfect place to enjoy coffee or enternaining. Property is fully fenced with a 5 ft chain fence and has an additional storage on property. Home is handicap accessible. PLUS! Enjoy the many on site amenities that Sun Valley Village community has to offer. The furnishings do not convey at this price and are being offered at a sales price of $65K (furnishings are brand new cost was $5K)

20. 2025-10-13
    price $79,000 994-char remark

    Show marketing remark (994 chars)

    Beautifully Updated 1 Bath, 1 Bathroom Manufactured Home in the Sun Valley Village Mobile Home Park, a tranquil 55+ Community! Perfect for a year round resident or Winter Texans seeking an escape from cold and snowy winters. Home offers an open floor plan with laminate wood floors through out and a light and bright kitchen with modern finishes. Spacious Primary Bedroom and a beautifully updated full bathroom with large tiled shower. Home is equipped with central air and heat as well as 2 Brand NEW mini-splits that are still under warranty. Relax and unwind on the fully screened porch / sun room, the perfect place to enjoy coffee or enternaining. Property is fully fenced with a 5 ft chain fence and has an additional storage on property. Home is handicap accessible. PLUS! Enjoy the many on site amenities that Sun Valley Village community has to offer. The furnishings do not convey at this price and are being offered at a sales price of $65K (furnishings are brand new cost was $5K)

21. 2025-10-07
    listed $82,900 Active 994-char remark

    Show marketing remark (994 chars)

    Beautifully Updated 1 Bath, 1 Bathroom Manufactured Home in the Sun Valley Village Mobile Home Park, a tranquil 55+ Community! Perfect for a year round resident or Winter Texans seeking an escape from cold and snowy winters. Home offers an open floor plan with laminate wood floors through out and a light and bright kitchen with modern finishes. Spacious Primary Bedroom and a beautifully updated full bathroom with large tiled shower. Home is equipped with central air and heat as well as 2 Brand NEW mini-splits that are still under warranty. Relax and unwind on the fully screened porch / sun room, the perfect place to enjoy coffee or enternaining. Property is fully fenced with a 5 ft chain fence and has an additional storage on property. Home is handicap accessible. PLUS! Enjoy the many on site amenities that Sun Valley Village community has to offer. The furnishings do not convey at this price and are being offered at a sales price of $65K (furnishings are brand new cost was $5K)

22. 2024-01-31
    soldstatus
23. 2024-01-26
    soldstatus Sold 394-char remark

    Show marketing remark (394 chars)

    Lovely 1 bedroom and 1 bath mobile home with a screened in porch. All furniture and appliances convey with property. You will find all new flooring and the wiring is new and the plumbing in the mobile home. The shower has been updated to a beautiful walk-in shower. Never run out of hot water, as it has a tankless hot water heater installed. You will own the lot. Schedule your showings today.

24. 2024-01-21
    status Pending 394-char remark

    Show marketing remark (394 chars)

    Lovely 1 bedroom and 1 bath mobile home with a screened in porch. All furniture and appliances convey with property. You will find all new flooring and the wiring is new and the plumbing in the mobile home. The shower has been updated to a beautiful walk-in shower. Never run out of hot water, as it has a tankless hot water heater installed. You will own the lot. Schedule your showings today.

25. 2024-01-10
    historical Option 394-char remark

    Show marketing remark (394 chars)

    Lovely 1 bedroom and 1 bath mobile home with a screened in porch. All furniture and appliances convey with property. You will find all new flooring and the wiring is new and the plumbing in the mobile home. The shower has been updated to a beautiful walk-in shower. Never run out of hot water, as it has a tankless hot water heater installed. You will own the lot. Schedule your showings today.

26. 2023-12-05
    listed $69,900 Active 394-char remark

    Show marketing remark (394 chars)

    Lovely 1 bedroom and 1 bath mobile home with a screened in porch. All furniture and appliances convey with property. You will find all new flooring and the wiring is new and the plumbing in the mobile home. The shower has been updated to a beautiful walk-in shower. Never run out of hot water, as it has a tankless hot water heater installed. You will own the lot. Schedule your showings today.

27. 2023-08-01
    price $69,000
28. 2023-04-12
    listed $75,000 Active
29. 2022-10-22
    status Pending
30. 2022-10-11
    historical Option
31. 2022-09-15
    listed $69,900 Active
32. 2022-09-15
    listed $69,900 Active
33. 2016-01-04
    soldstatus
34. 2015-12-31
    soldstatus
35. 2015-03-14
    listed $24,000
36. 2009-11-23
    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: $647 · $54/mo
• Projected year-2 tax: $1,116 · $93/mo
• Expected delta: +$470/yr (+$39/mo · 72.6%)

ⓘ 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 5/10 Major
• 🌡 Heat 9/10 Extreme 7 d/yr ≥111°F today · 22 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: $12,195
• − Mortgage interest: −$3,417
• − Property taxes: −$647
• − Insurance: −$305
• − Repairs & maintenance: −$976
• − Management: −$976
• − Depreciation: −$1,775
• Taxable income: $4,101
• Est. tax owed @ 24.0%: −$984
• After-tax cash flow: $3,860/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: Harlingen CISD
• NCES district ID: 4822530
• Math proficiency: 25% ▼ -28.00%
• Reading proficiency: 35% ▼ -11.00%
• Median HH income: $37,182
• Composite: 24.94/100
• National rank: #7566
• State rank: #647 of 826 in TX

Livability — Harlingen

• Score: 73/100
• State rank: #217
• US rank: #5347

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Cameron County · 310,734 people
• City population: 95,667
• Metro: Brownsville-Harlingen, TX
• Population (ZIP): 42,332
• Household income: $69,811
• Rent vs Own: 24.7% rent · 75.3% own
• Severe rent burden: 487.0

Population outlook (Cameron County) Hauer SSP2

• Today (2025): 441,603 people
• By 2030: 448,113 · +1.5%
• By 2040: 456,385 · +3.3%
• By 2050: 456,294 · +3.3%
• By 2075: 423,851 · -4.0%
• By 2100: 342,787 · -22.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Hispanic (80%)
• Race & ethnicity: Hispanic / Latino 80% Two or more races 31% White 16% Asian 2%
• Hispanic origin (detail): Mexican 75%
• Common ancestry: Lithuanian 1% Romanian 1% Slovak 1%
• Foreign-born: 15% · Canada
• Languages at home: 49% English-only · Spanish 49% Vietnamese 1%

Political lean MEDSL · Cameron

• 2024 margin: Lean R (+5.8) · D 46.7% · R 52.5%
• 2008→2024 swing: -34.6pp toward R · 2008: 28.8pp · 2024: -5.8pp
• All cycles: 2024: R+5.8 2020: D+13.2 2016: D+32.5 2012: D+32.4 2008: D+28.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -31.61%
• Current HPI: 197.1906
• Rent YoY: ▼ -1.87%
• Metro: Brownsville-Harlingen, TX
• 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

+154.2% since first listed

22 events — show timeline

• 2026-05-18 Price Changed $61,000 RGVMLS
• 2026-05-01 Relisted — RGVMLS
• 2026-05-01 Delisted — RGVMLS
• 2026-02-24 Price Changed $69,000 RGVMLS
• 2025-10-23 Price Changed $75,000 RGVMLS
• 2025-10-13 Price Changed $79,000 RGVMLS
• 2025-10-07 Listed $82,900 RGVMLS
• 2024-01-31 Sold (Public Records) — Public Records
• 2024-01-26 Sold (MLS) — MCALLENMLS
• 2024-01-21 Pending — MCALLENMLS
• 2024-01-10 Contingent — MCALLENMLS
• 2023-12-05 Listed $69,900 MCALLENMLS
• 2023-08-01 Price Changed $69,000 MCALLENMLS
• 2023-04-12 Listed $75,000 MCALLENMLS
• 2022-10-22 Pending — MCALLENMLS
• 2022-10-11 Contingent — MCALLENMLS
• 2022-09-15 Listed $69,900 RGVMLS
• 2022-09-15 Listed $69,900 MCALLENMLS
• 2016-01-04 Sold (MLS) — RGVMLS
• 2015-12-31 Sold (Public Records) — Public Records
• 2015-03-14 Listed $24,000 RGVMLS
• 2009-11-23 Sold (Public Records) — Public Records

Property tax history

+3.2%/yr

Latest (2025): $647 · +18.1% YoY. Source: county tax records.