612 Sand Dollar Dr · Port Isabel, TX 78578

$225,000

2 bd · 2.0 ba · 864 sqft · SingleFamily public records · 462 Days on market

Built 2003 2,350 sqft lot $260/sqft · 21% below area Est $284k · 21% under $345/mo HOA · 13% of rent

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Why this score? — see what drove the C- 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 +16.0/30.0
• ARV discount +15.0/15.0
• 1% rule +6.8/10.0
• DSCR +5.0/10.0
• Livability +3.8/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.9/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Located on Sanddollar, a quiet street of Long Island Village, this home exudes a warm and inviting character that makes it instantly appealing. This cozy abode, with its modest dimensions and thoughtful design, is a perfect example of how comfort and style can thrive in a compact space. Outside, this quaint home is surrounded by a modest yard that enhances its curb appeal. This well maintained home, with its efficient use of space and charming details, embodies the essence of comfortable living. It combines practical design with inviting aesthetics, creating a perfect coastal getaway that is both functional and relaxing.

Key facts

• Quiet street
• Well maintained home
• Charming details

Tags

• QUIET STREET
• MODEST YARD
• WELL MAINTAINED HOME
• EFFICIENT USE OF SPACE
• CHARMING DETAILS

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $225k.

Deal economics

• At list price, monthly cash flow is $-314 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $170k (24.6% below list).
• Meets the 1% rule at list price ($3k rent vs $225k).
• Recommended offer: $170k (24.6% below list) — sets the bar for cash-flow.
• Cap rate 6.9% vs local median 3.4% in Port Isabel — 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 (#157 in TX, #4,282 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: employment D, crime F, commute F.
• Point Isabel ISD (town): math 14% / reading 31% proficiency, ranked #756 of 826 in TX (top 92%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Port Isabel J H (math 10% / reading 29%, grade F, #1,445 of 1,662 statewide, top 88%, 425 students, 84% FRL) — zoned schools average 84% FRL vs 35% district-wide (49 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 261 active listings in the ZIP; 9 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); 44% of comp listings sitting > 30 days — soft ceiling on asking rent; 2,326 units permitted in Cameron County in 2024 (503 in 5+ unit buildings).

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.
• Cameron County population projected at +3% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 462 days — a 12% lower offer ($198k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 2y 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

• Watch-outs: flood insurance adds $427/mo.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 6→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $169,607 (24.6% 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 462 days. Have you received any prior offers? Is the seller open to a 25% concession, seller financing, or rate buy-down credit?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
8. 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?
9. 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.
10. 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.
11. 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: 1.18% ✓
• Cap rate: 6.90%
• Cash-on-cash: 2.15%
• DSCR: 1.10
• GRM: 7.1

CMA / ARV

• ARV (median comp): $284,103
• List price: $225,000
• Delta: -20.80%
• Verdict: UNDERPRICED
• Comps: 12 within 1.0 mi

Show comp detail 11 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
590 Star Fish Dr	0.03mi	2/2.0	864 (0%)	4mo	$179,000	$207	96
675 E Clam Cir	0.21mi	2/2.0	865 (+0%)	3mo	$350,000	$405	88
587 Star Fish Dr	0.04mi	2/1.0	832 (-4%)	3mo	$259,900	$312	86
685 E Clam Cir	0.20mi	2/2.0	850 (-2%)	8mo	$415,000	$488	81
502 W Clam Cir	0.30mi	2/2.5	839 (-3%)	6mo	$380,000	$453	74
702 E Clam Cir	0.25mi	2/1.5	843 (-2%)	11mo	$314,000	$372	73
311 Sun Dial Cir	0.34mi	2/2.0	887 (+3%)	11mo	$360,000	$406	71
223 Conch Dr	0.23mi	2/1.5	840 (-3%)	17mo	$245,000	$292	68
499 W Clam Cir	0.31mi	2/2.0	864 (0%)	22mo	$345,000	$399	67
742 E Clam Cir	0.22mi	2/2.0	768 (-11%)	11mo	$260,000	$339	62
109 Abalone Cir	0.33mi	2/1.5	871 (+1%)	24mo	$259,000	$297	61

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -26.2%
• Equity multiple: 0.11×
• Total profit: $-55,870
• Equity at exit: $33,548

10-year hold

• IRR: -22.0%
• Equity multiple: -0.14×
• Total profit: $-72,090
• Equity at exit: $19,454

Cash invested: $63,000 (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 78578

• Home prices YoY: -21.7%
• Active inventory: 261
• Price-to-rent: 7.1×

Monthly cashflow live

• Estimated rent: $2,644 high
• Mortgage (P&I): −$1,180
• Tax from tax record: −$357 /mo · $4,286/yr
• Insurance: −$94
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$345
• Vacancy / Maint / Mgmt: −$555
• Net cashflow: $-314

Break-even live

Break-even rent $3,041

Max offer price $169,607

Occupancy floor —

Sensitivity live

Price	-10% $-186	-5% $-250	+0% $-314	+5% $-377	+10% $-441
Rent	-10% $-522	-5% $-418	+0% $-314	+5% $-209	+10% $-105
Rate	-1.0pp $-200	-0.5pp $-256	base $-314	+0.5pp $-372	+1.0pp $-431

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: $56,250
• Closing costs: $6,750
• Reserves months: —
• Total cash needed: —

Rent comps 9 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
793 E Oyster Dr Unit 1515047P Port Isabel, TX	1.0	1.0	775	$3,113	$4.02	15d	1	0.28mi
87 Abalone Cir Port Isabel, TX	2.0	2.0	800	$2,850	$3.56	23d	1	0.28mi
515 W Clam Cir Unit 1515048P Port Isabel, TX	2.0	1.5	796	$2,916	$3.66	23d	1	0.35mi
121 E Madison St Port Isabel, TX	2.0	1.0	1000	$1,900	$1.90	45d	1	0.65mi
1009 Trout Ave Port Isabel, TX	2.0	2.0	1104	$2,000	$1.81	23d	1	1.26mi
1009 Bass Ave Unit 3 Port Isabel, TX	2.0	1.0	946	$2,000	$2.11	45d	1	1.27mi
829 N Yturria St Unit 2 Port Isabel, TX	2.0	1.0	900	$2,200	$2.44	23d	1	1.30mi
401 Island Ave Unit 73B Port Isabel, TX	2.0	1.0	872	$1,600	$1.83	45d	1	1.38mi
1506 Texas 100 Port Isabel, TX	2.0	2.0	840	$2,700	$3.21	45d	1	1.48mi

HOA detail

• Monthly dues: $345 · $4,140/yr

Listing history 18 events

1. 2026-06-22
   days on market $225,000 Active 462 DOM
2. 2026-06-18
   days on market $225,000 Active 459 DOM
3. 2026-06-17
   days on market $225,000 Active 458 DOM
4. 2026-06-16
   days on market $225,000 Active 457 DOM
5. 2026-06-15
   days on market $225,000 Active 456 DOM
6. 2026-06-14
   days on market $225,000 Active 454 DOM
7. 2026-06-13
   days on market $225,000 Active 453 DOM
8. 2026-06-10
   days on market $225,000 Active 451 DOM
9. 2026-06-09
   days on market $225,000 Active 450 DOM
10. 2026-06-09
    days on market $225,000 Active 449 DOM
11. 2026-06-07
    days on market $225,000 Active 448 DOM
12. 2026-06-03
    days on market $225,000 Active 444 DOM
13. 2026-06-02
    days on market $225,000 Active 443 DOM
14. 2026-06-01
    days on market $225,000 Active 442 DOM
15. 2026-05-31
    days on market $225,000 Active 441 DOM
16. 2026-05-30
    days on market $225,000 Active 440 DOM
17. 2025-03-17
    listed $225,000 Active 628-char remark

    Show marketing remark (628 chars)

    Located on Sanddollar, a quiet street of Long Island Village, this home exudes a warm and inviting character that makes it instantly appealing. This cozy abode, with its modest dimensions and thoughtful design, is a perfect example of how comfort and style can thrive in a compact space. Outside, this quaint home is surrounded by a modest yard that enhances its curb appeal. This well maintained home, with its efficient use of space and charming details, embodies the essence of comfortable living. It combines practical design with inviting aesthetics, creating a perfect coastal getaway that is both functional and relaxing.

18. 2024-08-06
    listed $225,000 Active 628-char remark

    Show marketing remark (628 chars)

    Located on Sanddollar, a quiet street of Long Island Village, this home exudes a warm and inviting character that makes it instantly appealing. This cozy abode, with its modest dimensions and thoughtful design, is a perfect example of how comfort and style can thrive in a compact space. Outside, this quaint home is surrounded by a modest yard that enhances its curb appeal. This well maintained home, with its efficient use of space and charming details, embodies the essence of comfortable living. It combines practical design with inviting aesthetics, creating a perfect coastal getaway that is both functional and relaxing.

ⓘ 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: $4,286 · $357/mo
• Projected year-2 tax: $4,286 · $357/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 9/10 Extreme FEMA zone AE · 99% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 6 d/yr ≥106°F today · 22 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $31,728
• − Mortgage interest: −$12,603
• − Property taxes: −$4,286
• − Insurance: −$6,244
• − Repairs & maintenance: −$2,538
• − Management: −$2,538
• − HOA: −$4,140
• − Depreciation: −$6,545
• Taxable loss: −$7,166
• Est. tax savings @ 24.0%: +$1,720
• After-tax cash flow: $-2,043/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: Point Isabel ISD
• NCES district ID: 4835250
• Math proficiency: 14% ▼ -24.00%
• Reading proficiency: 31% ▼ -10.00%
• Median HH income: $38,115
• Composite: 18.78/100
• National rank: #8871
• State rank: #756 of 826 in TX

Livability — Port Isabel

• Score: 75/100
• State rank: #157
• US rank: #4282

Category grades

Amenities B+ 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

• Population (ZIP): 10,231

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: Majority Hispanic (63%)
• Race & ethnicity: Hispanic / Latino 63% White 35% Two or more races 19%
• Hispanic origin (detail): Mexican 59%
• Common ancestry: Lithuanian 2% Romanian 1% Slovak 1%
• Foreign-born: 18% · Canada
• Languages at home: 57% English-only · Spanish 42%

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: ▼ -61.69%
• Current HPI: 222.9501
• 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

+0.0% since first listed

2 events — show timeline

• 2025-03-17 Listed $225,000 MCALLENMLS
• 2024-08-06 Listed $225,000 SPIBOR

Property tax history

+7.8%/yr

Latest (2025): $4,286 · +0.6% YoY. Source: county tax records.