3000 E Tamarindo Ave · Hidalgo, TX 78557

$240,000

3 bd · 2.0 ba · 1,397 sqft · SingleFamily public records · 584 Days on market

Built 2024 6,324 sqft lot Est $240k · at est. ↓ 6% since listing

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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).

• Appreciation +10.0/10.0
• ARV discount +7.6/15.0
• Cash flow +7.1/30.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Schools +2.5/10.0
• Condition / age +2.5/5.0
• 1% rule +2.1/10.0
• DSCR +1.3/10.0

Listing remarks

Welcome to this beautiful home that blends modern comforts with thoughtful design. This 3-bedroom, 2-bathroom home is perfect for families and anyone seeking a stylish, energy-efficient retreat. The master suite boasts a private commode and a walk-in closet, offering both comfort and convenience. 1-Car Garage – Enjoy the ease of a garage with extra storage space. Equipped with 100% spray foam insulation throughout, this home ensures superior energy savings and climate control year-round. Modern kitchen featuring granite countertops. A striking custom metal front door makes a bold first impression, while LED lighting and high decorative ceilings with rope lighting throughout add to the

Key facts

• Move-in ready
• Led lighting
• Electric fireplace

Tags

• NEW CONSTRUCTION HOME
• SPRAY FOAM INSULATION
• CUSTOM METAL FRONT DOOR
• LED LIGHTING
• ELECTRIC FIREPLACE
• MOVE-IN READY

Property features AI

Finance

• HOA & community: No homeowners association; Community sidewalks

Exterior

• Parking: Attached garage (1 car); 1 covered parking space; Garage faces front
• Security: Smoke detector(s)
• Utilities: City sewer; Water available; Cable available
• Home design: Single-family property (per listing); Shingle roof; Stucco exterior; Slab foundation
• Construction: Stucco construction; Slab foundation; Shingle roof
• Exterior features: Sprinkler system; Covered patio; Patio slab; Sidewalks; Paved road access

Interior

• Kitchen: Microwave; Electric water heater; No conveying appliances
• Bedrooms: Master bedroom with walk-in closet(s)
• Flooring: Tile; Double-pane windows
• Bathrooms: 2 full bathrooms
• Heating & cooling: Zoned heating; Zoned cooling
• Interior features: Entrance foyer; Granite countertops; Ceiling fan(s); Walk-in closet(s); Smoke detector(s)
• Laundry & utility: Laundry room; Washer; Dryer

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $240k.

Deal economics

• At list price, monthly cash flow is $-343 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $179k (25.2% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $169k (29.4% below list).
• Recommended offer: $169k (29.4% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 68/100 on livability (#488 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A-; Watch: amenities F, commute F, employment F.
• Valley View ISD (suburban): math 24% / reading 38% proficiency, ranked #631 of 826 in TX (top 76%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 85% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Wilbur E Lucas El (math 32% / reading 37%, grade F, #1,995 of 4,322 statewide, top 50%, 468 students, 94% FRL); Valley View J H (math 23% / reading 35%, grade F, #1,103 of 1,662 statewide, top 67%, 483 students, 95% FRL); Valley View H S (math 12% / reading 47%, grade F, #1,112 of 1,632 statewide, top 70%, 1,170 students, 96% FRL).
• Market conditions: 98 active listings in the ZIP; 4 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).

Forward outlook

• In year one you build about $26k of equity ($2k loan paydown + $24k appreciation (10.0% local appreciation)).
• Hidalgo County population projected at +28% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 2, paydown + projected appreciation supports a ~$41k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 584 days — a 12% lower offer ($211k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 2y ago; this cycle's ask has dropped $20k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 96% chance of damaging wind over 30y; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $169,407 (29.4% 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 584 days. Have you received any prior offers? Is the seller open to a 29% 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. 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?
6. 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?
7. 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.
8. 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.
9. 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: 0.71% ✗
• Cap rate: 4.58%
• Cash-on-cash: -6.12%
• DSCR: 0.73
• GRM: 11.8

CMA / ARV

• ARV (on-the-fly): $240,284
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1305 N Sabinas St	0.32mi	3/2.0	1,403 (+0%)	3mo	$185,000	$132	82
3003 E Q St	0.13mi	3/2.0	1,498 (+7%)	0mo	$269,000	$180	82
2412 Sabinal Ave	0.43mi	3/2.0	1,405 (+1%)	1mo	$229,000	$163	78
2805 Q St	0.21mi	3/2.0	1,544 (+10%)	3mo	$249,900	$162	70
2310 E Sabinal Ave	0.53mi	3/2.5	1,414 (+1%)	1mo	$249,500	$176	70
2409 E Tamarindo Ave	0.44mi	3/2.0	1,474 (+6%)	1mo	$255,000	$173	69
2304 E Tamarindo Ave	0.56mi	3/2.0	1,442 (+3%)	4mo	$248,000	$172	65
1808 N 22nd St	0.58mi	3/2.0	1,452 (+4%)	5mo	$95,000	$65	62
3107 Sabinal St	0.42mi	3/2.0	1,544 (+10%)	3mo	$259,900	$168	60
3009 Laurel St	0.41mi	3/2.0	1,250 (-10%)	6mo	$234,000	$187	59
2411 E Sabinal Ave	0.42mi	3/2.5	1,550 (+11%)	6mo	$266,000	$172	55
1607 Las Palmas Ave	0.60mi	3/2.0	1,585 (+14%)	2mo	$224,000	$141	47

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

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 20.0%
• Equity multiple: 2.62×
• Total profit: $108,911
• Equity at exit: $216,211

10-year hold

• IRR: 18.3%
• Equity multiple: 6.03×
• Total profit: $337,978
• Equity at exit: $466,267

Cash invested: $67,200 (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 78557

• Home prices YoY: 17.9%
• Active inventory: 98
• Price-to-rent: 11.8×

Monthly cashflow live

• Estimated rent: $1,694 medium
• Mortgage (P&I): −$1,259
• Tax from tax record: −$323 /mo · $3,871/yr
• Insurance: −$100
• HOA: −$0
• Vacancy / Maint / Mgmt: −$356
• Net cashflow: $-343

Break-even live

Break-even rent $2,128

Max offer price $179,428

Occupancy floor —

Sensitivity live

Price	-10% $-207	-5% $-275	+0% $-343	+5% $-411	+10% $-479
Rent	-10% $-477	-5% $-410	+0% $-343	+5% $-276	+10% $-209
Rate	-1.0pp $-222	-0.5pp $-282	base $-343	+0.5pp $-405	+1.0pp $-468

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: $60,000
• Closing costs: $7,200
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2304 E Tamarindo Ave Hidalgo, TX	3.0	2.0	1442	$1,950	$1.35	24d	1	0.56mi
719 Sherryl Ave Pharr, TX	3.0	2.0	1524	$1,500	$0.98	14d	1	1.03mi
2509 Coma St Hidalgo, TX	4.0	2.5	1804	$1,750	$0.97	24d	1	1.12mi
6707 S Rios St Pharr, TX	2.0	2.0	1545	$1,200	$0.78	14d	1	1.46mi

Listing history 18 events

1. 2026-06-14
   status $240,000 Pending 584 DOM
2. 2026-06-12
   days on market $240,000 Option 584 DOM
3. 2026-06-09
   days on market $240,000 Option 581 DOM
4. 2026-06-08
   days on market $240,000 Option 580 DOM
5. 2026-06-07
   statusdays on market $240,000 Option 579 DOM
6. 2026-06-05
   days on market $240,000 Active 576 DOM
7. 2026-06-03
   days on market $240,000 Active 575 DOM
8. 2026-06-02
   days on market $240,000 Active 574 DOM
9. 2026-06-01
   days on market $240,000 Active 573 DOM
10. 2026-05-31
    days on market $240,000 Active 572 DOM
11. 2026-05-30
    days on market $240,000 Active 571 DOM
12. 2026-04-19
    price $245,000
13. 2025-07-16
    price $250,000
14. 2025-05-29
    price $255,000
15. 2025-02-18
    status Active
16. 2025-02-13
    historical Option
17. 2024-11-05
    listed $260,000 Active
18. 2024-06-13
    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: $3,871 · $323/mo
• Projected year-2 tax: $4,392 · $366/mo
• Expected delta: +$521/yr (+$43/mo · 13.4%)

ⓘ 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 2/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥111°F today · 21 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 96% 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: $20,329
• − Mortgage interest: −$13,444
• − Property taxes: −$3,871
• − Insurance: −$1,200
• − Repairs & maintenance: −$1,626
• − Management: −$1,626
• − Depreciation: −$6,982
• Taxable loss: −$8,421
• Est. tax savings @ 24.0%: +$2,021
• After-tax cash flow: $-2,094/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: Valley View ISD
• NCES district ID: 4843800
• Math proficiency: 24% ▼ -42.00%
• Reading proficiency: 38% ▼ -16.00%
• Median HH income: $33,158
• Composite: 25.37/100
• National rank: #7473
• State rank: #631 of 826 in TX

Livability — Hidalgo

• Score: 68/100
• State rank: #488
• US rank: #9681

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Hidalgo, TX
• City population: 14,250
• Population (ZIP): 14,250

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 (99%)
• Race & ethnicity: Hispanic / Latino 99% Two or more races 47%
• Hispanic origin (detail): Mexican 93%
• Foreign-born: 39% · Canada
• Languages at home: 6% English-only · Spanish 94%

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: ▲ 34.26%
• Current HPI: 225.701
• 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

-5.8% since first listed

7 events — show timeline

• 2026-04-19 Price Changed $245,000 MCALLENMLS
• 2025-07-16 Price Changed $250,000 MCALLENMLS
• 2025-05-29 Price Changed $255,000 MCALLENMLS
• 2025-02-18 Relisted — MCALLENMLS
• 2025-02-13 Contingent — MCALLENMLS
• 2024-11-05 Listed $260,000 MCALLENMLS
• 2024-06-13 Sold (Public Records) — Public Records

Property tax history

+78.5%/yr

Latest (2025): $3,871 · +171.7% YoY. Source: county tax records.