2217 Linsay Ave · Weslaco, TX 78596

$219,900

3 bd · 3.0 ba · 1,619 sqft · SingleFamily public records · 6 Days on market

Built 2005 9,128 sqft lot Est $241k · 9% under

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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).

• ARV discount +11.5/15.0
• Cash flow +10.4/30.0
• Appreciation +4.7/10.0
• 1% rule +3.8/10.0
• Livability +3.6/5.0
• DSCR +3.0/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.2/10.0

Listing remarks MLS

Investor special or starter home. Home includes 4 beds/2 baths/1-car garage located in a cul-de-sac featuring decorative ceilings, granite countertops and a laundry room. Appliances included: fridge and electric range. TLC needed. Sold as-is.

Key facts

• Fenced yard
• Remodeled kitchen
• New flooring

Tags

• BRAND-NEW ROOF
• REMODELED KITCHEN
• NEW FLOORING
• EPOXY-COATED FLOOR
• HUGE CORNER LOT
• FENCED YARD

What this means for you Summary

Snapshot

• This is a 3-bed/3.0-bath single-family listed at $220k.

Deal economics

• At list price, monthly cash flow is $-115 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $200k (9.2% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $193k (12.3% below list).
• Recommended offer: $193k (12.3% below list) — sets the bar for 1% rule.
• Cap rate 5.7% vs local median 4.1% in Weslaco — 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 72/100 on livability (#277 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: employment D+, crime F, amenities F.
• Weslaco ISD (suburban): math 23% / reading 31% proficiency, ranked #705 of 826 in TX (top 85%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Memorial El (math 40% / reading 50%, grade D-, #1,133 of 4,322 statewide, top 27%, 1,075 students, 67% FRL); Central Middle (math 33% / reading 40%, grade F, #786 of 1,662 statewide, top 48%, 974 students, 70% FRL); Weslaco East H S (math 24% / reading 26%, grade F, #1,250 of 1,632 statewide, top 77%, 2,004 students, 86% FRL).
• Market conditions: 708 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 40% of comp listings sitting > 30 days — soft ceiling on asking rent; 7,378 units permitted in Hidalgo County in 2024 (641 in 5+ unit buildings).

Forward outlook

• In year one you build about $235 of equity ($2k loan paydown + $-1k appreciation (-0.6% local appreciation)).
• Hidalgo County population projected at +28% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 6 days on market — expect competitive offers; lowballing is unlikely to land.
• 11 sale attempts since 10y 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

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $192,804 (12.3% 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. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
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: 0.88% ✗
• Cap rate: 5.67%
• Cash-on-cash: -2.24%
• DSCR: 0.90
• GRM: 9.5

CMA / ARV

• ARV (on-the-fly): $241,231
• Comps found: 9

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
838 Quail Hollow Dr	0.30mi	3/2.5	1,734 (+7%)	12mo	$218,000	$126	62
700 Zelma St	0.10mi	3/2.0	1,415 (-13%)	15mo	$155,000	$110	58
618 W 17th St	0.40mi	3/2.5	1,739 (+7%)	17mo	$278,000	$160	53
2432 Flushing Mdws	0.31mi	4/2.0 (+1)	1,781 (+10%)	11mo	$250,000	$140	51
204 Audrey Dr	0.58mi	3/2.0	1,679 (+4%)	16mo	$185,000	$110	49
707 W 17th St	0.37mi	4/3.0 (+1)	1,841 (+14%)	8mo	$299,100	$162	48
1706 S Misty Ln	0.46mi	3/2.0	1,740 (+8%)	18mo	$259,000	$149	47
810 W 17th St W	0.39mi	3/2.5	1,820 (+12%)	22mo	$315,000	$173	40
806 17th St	0.39mi	4/2.5 (+1)	1,835 (+13%)	15mo	$320,000	$174	40

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

Projected returns pro-forma

-0.58% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -7.1%
• Equity multiple: 0.68×
• Total profit: $-19,612
• Equity at exit: $57,504

10-year hold

• IRR: -0.6%
• Equity multiple: 0.94×
• Total profit: $-3,799
• Equity at exit: $64,239

Cash invested: $61,572 (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 78596

• Home prices YoY: -0.2%
• Active inventory: 708
• Price-to-rent: 9.5×

Monthly cashflow live

• Estimated rent: $1,928 high
• Mortgage (P&I): −$1,153
• Tax from tax record: −$393 /mo · $4,718/yr
• Insurance: −$92
• HOA: −$0
• Vacancy / Maint / Mgmt: −$405
• Net cashflow: $-115

Break-even live

Break-even rent $2,073

Max offer price $199,616

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: $54,975
• Closing costs: $6,597
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3818 Tierra Escondida Weslaco, TX	3.0	3.5	1846	$2,800	$1.52	44d	1	1.05mi
2211 Tomatillo Dr Weslaco, TX	3.0	2.0	1361	$2,200	$1.62	23d	1	1.25mi
1409 San Vicente Weslaco, TX	3.0	2.0	1150	$1,250	$1.09	44d	1	1.34mi
1319 San Vicente Unit 1 Weslaco, TX	3.0	2.0	1100	$1,350	$1.23	23d	1	1.37mi
1322 Beverly Ave Unit 3 Weslaco, TX	3.0	2.0	1050	$1,350	$1.29	23d	1	1.40mi

Listing history 49 events

1. 2026-06-18
   days on market $219,900 Active 6 DOM
2. 2026-06-17
   days on market $219,900 Active 5 DOM
3. 2026-06-16
   days on market $219,900 Active 4 DOM
4. 2026-06-15
   days on market $219,900 Active 3 DOM
5. 2026-06-15
   days on market $219,900 Active 2 DOM
6. 2026-06-13
   statusdays on marketlisting id $219,900 Active 1 DOM
7. 2026-04-09
   status Pending
8. 2026-04-02
   historical Option
9. 2026-02-13
   listed $219,900 Active
10. 2026-01-13
    price $228,000
11. 2025-11-07
    price $238,000
12. 2025-09-09
    listed $242,000 Active
13. 2024-12-12
    soldstatus
14. 2024-12-10
    soldstatus Closed 242-char remark

    Show marketing remark (242 chars)

    Investor special or starter home. Home includes 4 beds/2 baths/1-car garage located in a cul-de-sac featuring decorative ceilings, granite countertops and a laundry room. Appliances included: fridge and electric range. TLC needed. Sold as-is.

15. 2024-12-05
    soldstatus Sold
16. 2024-12-02
    status Pending 242-char remark

    Show marketing remark (242 chars)

    Investor special or starter home. Home includes 4 beds/2 baths/1-car garage located in a cul-de-sac featuring decorative ceilings, granite countertops and a laundry room. Appliances included: fridge and electric range. TLC needed. Sold as-is.

17. 2024-12-02
    status Pending

    Show marketing remark (242 chars)

    Investor special or starter home. Home includes 4 beds/2 baths/1-car garage located in a cul-de-sac featuring decorative ceilings, granite countertops and a laundry room. Appliances included: fridge and electric range. TLC needed. Sold as-is.

18. 2024-11-22
    historical Option
19. 2024-11-04
    listed $155,000 Active 242-char remark

    Show marketing remark (242 chars)

    Investor special or starter home. Home includes 4 beds/2 baths/1-car garage located in a cul-de-sac featuring decorative ceilings, granite countertops and a laundry room. Appliances included: fridge and electric range. TLC needed. Sold as-is.

20. 2024-11-04
    listed $155,000 Active

    Show marketing remark (242 chars)

    Investor special or starter home. Home includes 4 beds/2 baths/1-car garage located in a cul-de-sac featuring decorative ceilings, granite countertops and a laundry room. Appliances included: fridge and electric range. TLC needed. Sold as-is.

21. 2024-10-08
    status Active
22. 2024-09-11
    status Pending
23. 2024-09-03
    historical Option
24. 2024-08-29
    price $155,000
25. 2024-08-29
    price $155,000
26. 2024-08-26
    status Active
27. 2024-08-09
    historical Option
28. 2024-07-25
    price $165,000
29. 2024-07-25
    price $165,000
30. 2024-05-30
    price $175,000
31. 2024-05-30
    price $175,000
32. 2024-04-23
    price $185,000
33. 2024-04-23
    price $185,000
34. 2024-04-16
    listed $195,000 Active
35. 2024-03-28
    price $195,000
36. 2024-03-28
    status Active
37. 2024-03-28
    price $195,000
38. 2023-06-27
    listed $199,000 Active
39. 2018-06-05
    price $90,000
40. 2018-05-17
    price $72,000
41. 2016-05-04
    soldstatus Sold
42. 2016-05-04
    soldstatus
43. 2016-04-06
    historical
44. 2016-04-06
    price $119,800
45. 2016-03-23
    listed $119,800 Active
46. 2016-03-21
    soldstatus Sold
47. 2016-03-01
    price $74,900
48. 2016-03-01
    historical
49. 2016-02-05
    listed $74,900 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: $4,718 · $393/mo
• Projected year-2 tax: $4,718 · $393/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 4/10 Moderate FEMA zone X (shaded) · 22% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 9/10 Extreme 7 d/yr ≥110°F today · 23 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: $23,136
• − Mortgage interest: −$12,318
• − Property taxes: −$4,718
• − Insurance: −$1,100
• − Repairs & maintenance: −$1,851
• − Management: −$1,851
• − Depreciation: −$6,397
• Taxable loss: −$5,098
• Est. tax savings @ 24.0%: +$1,223
• After-tax cash flow: $-154/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: Weslaco ISD
• NCES district ID: 4844960
• Math proficiency: 23% ▼ -29.00%
• Reading proficiency: 31% ▼ -9.00%
• Median HH income: $32,867
• Composite: 22.05/100
• National rank: #8196
• State rank: #705 of 826 in TX

Livability — Weslaco

• Score: 72/100
• State rank: #277
• US rank: #6469

Category grades

Amenities F 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

• Census place: Weslaco, TX
• Population (ZIP): 38,942

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 (86%)
• Race & ethnicity: Hispanic / Latino 86% Two or more races 38% White 13%
• Hispanic origin (detail): Mexican 82%
• Common ancestry: Slovak 1%
• Foreign-born: 17% · Canada
• Languages at home: 27% English-only · Spanish 72%

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: ▼ -0.58%
• Current HPI: 261.5117
• 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

+193.6% since first listed

43 events — show timeline

• 2026-04-09 Pending — MCALLENMLS
• 2026-04-02 Contingent — MCALLENMLS
• 2026-02-13 Listed $219,900 MCALLENMLS
• 2026-01-13 Price Changed $228,000 MCALLENMLS
• 2025-11-07 Price Changed $238,000 MCALLENMLS
• 2025-09-09 Listed $242,000 MCALLENMLS
• 2024-12-12 Sold (Public Records) — Public Records
• 2024-12-10 Sold (MLS) — RGVMLS
• 2024-12-05 Sold (MLS) — MCALLENMLS
• 2024-12-02 Pending — RGVMLS
• 2024-12-02 Pending — MCALLENMLS
• 2024-11-22 Contingent — MCALLENMLS
• 2024-11-04 Listed $155,000 MCALLENMLS
• 2024-11-04 Listed $155,000 RGVMLS
• 2024-10-08 Relisted — MCALLENMLS
• 2024-09-11 Pending — MCALLENMLS
• 2024-09-03 Contingent — MCALLENMLS
• 2024-08-29 Price Changed $155,000 RGVMLS
• 2024-08-29 Price Changed $155,000 MCALLENMLS
• 2024-08-26 Relisted — MCALLENMLS
• 2024-08-09 Contingent — MCALLENMLS
• 2024-07-25 Price Changed $165,000 RGVMLS
• 2024-07-25 Price Changed $165,000 MCALLENMLS
• 2024-05-30 Price Changed $175,000 RGVMLS
• 2024-05-30 Price Changed $175,000 MCALLENMLS
• 2024-04-23 Price Changed $185,000 RGVMLS
• 2024-04-23 Price Changed $185,000 MCALLENMLS
• 2024-04-16 Listed $195,000 MCALLENMLS
• 2024-03-28 Price Changed $195,000 RGVMLS
• 2024-03-28 Relisted — MCALLENMLS
• 2024-03-28 Price Changed $195,000 MCALLENMLS
• 2023-06-27 Listed $199,000 MCALLENMLS
• 2018-06-05 Price Changed $90,000 MCALLENMLS
• 2018-05-17 Price Changed $72,000 MCALLENMLS
• 2016-05-04 Sold (Public Records) — Public Records
• 2016-05-04 Sold (MLS) — MCALLENMLS
• 2016-04-06 Delisted — MCALLENMLS
• 2016-04-06 Price Changed $119,800 MCALLENMLS
• 2016-03-23 Listed $119,800 MCALLENMLS
• 2016-03-21 Sold (MLS) — MCALLENMLS
• 2016-03-01 Delisted — MCALLENMLS
• 2016-03-01 Price Changed $74,900 MCALLENMLS
• 2016-02-05 Listed $74,900 MCALLENMLS

Property tax history

+4.5%/yr

Latest (2025): $4,718 · +7.9% YoY. Source: county tax records.