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606 E North Ave
B Composite 72.32
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 +25.5/30.0
  • ARV discount +15.0/15.0
  • DSCR +8.4/10.0
  • 1% rule +8.3/10.0
  • Appreciation +4.5/10.0
  • Livability +3.1/5.0
  • Schools +2.6/10.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0

$83,000

606 E North Ave · Hebbronville, TX 78361
4 bd · 2.0 ba · 1,584 sqft · SingleFamily · 2 Days on market
Built 2007 10,500 sqft lot $52/sqft · 24% below area Est $110k · 24% under ↓ 8% since listing

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks

This great starter home is vacant and ready for your updates and vision. This property features 4 bedrooms and 2 full baths, one detached garage and great carport area. It sits on a spacious lot over 10,000 sq. ft. This home has been vacant for some time and is ready for a new owner to bring their vision to life!

Key facts

  • 0.24 acre lot
  • Garage
  • Built 2007

Property features AI

Exterior

  • Parking: 1-car garage; Concrete parking surface
  • Utilities: Public water; Cable available
  • Home design: Single-family residence; 1 story; Residential property
  • Construction: Stucco and wood siding construction
  • Exterior features: Chain link fencing; Level lot

Interior

  • Kitchen: Range; Refrigerator
  • Flooring: Vinyl
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Central heating (electric); Central air conditioning
  • Interior features: Range; Refrigerator; Electric water heater
  • Laundry & utility: Electric water heater

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 4-bed/2.0-bath single-family listed at $83k.

Deal economics

  • At list price, monthly cash flow is $193 ($2k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $83k).

Location & tenants

  • Location reads 61/100 on livability (#1,032 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: crime D+, schools D-, amenities F.
  • Jim Hogg County ISD (town): math 31% / reading 31% proficiency, ranked #622 of 826 in TX (top 75%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: 36 active listings in the ZIP.

Forward outlook

  • Local home prices are declining (-0.9%/yr); year-one equity from $574 of loan paydown is wiped out by about $793 of value loss. Plan a longer hold.
  • Jim Hogg County population projected at -10% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
  • At projected returns (-0.9% appreciation + 3.0% rent growth), your $23k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

  • Only 2 days on market — expect competitive offers; lowballing is unlikely to land.
  • 2 sale attempts 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

  • Watch-outs: property tax is 3.0% of price.
  • Climate carrying-cost: severe wind risk, 94% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $83,000

Questions for the listing agent

  1. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
  2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  3. 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?
  4. Crime grade is D 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. 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
1.33%
Cap rate
9.09%
Cash-on-cash
9.98%
DSCR
1.44
GRM
6.3

CMA / ARV

ARV (median comp)
$109,900
List price
$83,000
Delta
-18.11%
Verdict
UNDERPRICED
Comps
15 within 1.0 mi
Show comp detail 2 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
205 E Santa Clara St 0.33mi 3/2.5 (-1) 1,773 (+12%) 1mo $83,853 $47 57
411 S Smith Ave 0.64mi 3/2.0 (-1) 1,440 (-9%) 21mo $119,900 $83 32

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

Projected returns pro-forma

-0.95% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
6.1%
Equity multiple
1.27×
Total profit
$6,301
Equity at exit
$20,212
10-year hold
IRR
12.4%
Equity multiple
2.23×
Total profit
$28,587
Equity at exit
$21,376

Cash invested: $23,240 (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 78361

Home prices YoY
-0.9%
Active inventory
36
Price-to-rent
6.3×

Monthly cashflow live

Estimated rent
$1,100 medium interval (Pro) →
Mortgage (P&I)
$435
Tax from tax record
$206 /mo · $2,472/yr
Insurance
$35
HOA
$0
Vacancy / Maint / Mgmt
$231
Net cashflow
$193

Break-even live

Break-even rent $856
Max offer price $83,000
Occupancy floor 77%

Sensitivity live

Price -10% $240 -5% $217 +0% $193 +5% $170 +10% $146
Rent -10% $106 -5% $150 +0% $193 +5% $237 +10% $280
Rate -1.0pp $235 -0.5pp $214 base $193 +0.5pp $172 +1.0pp $150

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
$20,750
Closing costs
$2,490
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.

Listing history 3 events

  1. 2026-06-21
    remarks 314-char remark
  2. 2026-06-21
    pricedays on marketlisting id $83,000 Active 2 DOM
  3. 2026-01-14
    listed $90,000 Active

ⓘ 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
$2,472 · $206/mo
Projected year-2 tax
$2,472 · $206/mo
Expected delta
$0/yr ($0/mo · 0.0%)

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

Climate risk First Street

  • 🌊 Flood 1/10 Low 0% chance over 30 yrs
  • 🔥 Wildfire 5/10 Major
  • 🌡 Heat 9/10 Extreme 7 d/yr ≥111°F today · 21 d/yr by 30 yrs out
  • 💨 Wind 8/10 Severe 94% chance of damaging wind over 30 yrs
  • 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$13,201
− Mortgage interest
−$4,649
− Property taxes
−$2,472
− Insurance
−$415
− Repairs & maintenance
−$1,056
− Management
−$1,056
− Depreciation
−$2,415
Taxable income
$1,138
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$273
After-tax cash flow
$2,045/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
Jim Hogg County ISD
NCES district ID
4824750
Math proficiency
31% ▼ -15.00%
Reading proficiency
31% ▼ -2.00%
Median HH income
$35,870
Composite
25.69/100
National rank
#7391
State rank
#622 of 826 in TX

Livability — Hebbronville

Score
61/100
State rank
#1032
US rank
#18361

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Hebbronville, TX
Population (ZIP)
4,764

Population outlook (Jim Hogg County) Hauer SSP2

Today (2025)
5,023 people
By 2030
4,897 · -2.5%
By 2040
4,722 · -6.0%
By 2050
4,510 · -10.2%
By 2075
3,827 · -23.8%
By 2100
2,794 · -44.4%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly Hispanic (78%)
Race & ethnicity
Hispanic / Latino 78% Two or more races 40% White 21%
Hispanic origin (detail)
Mexican 76%
Foreign-born
1% · Canada
Languages at home
41% English-only · Spanish 58% Tagalog/Filipino 1%

Political lean MEDSL · Jim Hogg

2024 margin
Lean D (+8.3) · D 54.0% · R 45.7%
2008→2024 swing
-39.3pp toward R · 2008: 47.6pp · 2024: 8.3pp
All cycles
2024: D+8.3 2020: D+17.9 2016: D+56.9 2012: D+56.7 2008: D+47.6

Not yet ingested

Civics

Market trends

HPI YoY
▼ -0.95%
Current HPI
99.0946
Rent YoY
Metro
State GDP YoY
▲ 3.95%
F500 in state
110

Industry mix (Fortune 500 HQ in TX)

Industry F500 HQs Revenue

Price history

-7.8% since first listed
2 events — show timeline
  • 2026-06-19 Listed $83,000 LAOR
  • 2026-01-14 Listed $90,000 LAOR

Property tax history

+6.8%/yr

Latest (2025): $2,472 · -3.2% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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