10184 Haynes Rd · Socorro, TX 79927

$79,950

2 bd · 1.0 ba · 1,198 sqft · SingleFamily public records · 87 Days on market

Built 1988 5,227 sqft lot ↓ 19% since listing

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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 +7.5/15.0
• Appreciation +4.5/10.0
• Rent growth +3.8/5.0
• Livability +3.2/5.0
• Schools +2.6/10.0
• Condition / age +2.5/5.0

Listing remarks MLS

A classic adobe house with a two year roof that features a room-to-room layout and sits on a small, low-maintenance yard with parking space in the back. The home is being sold AS-IS and needs some TLC, making it an ideal choice for an investor or a buyer looking for a budget-friendly project.

Key facts

• 5,227 sq ft lot
• Built 1988
• Listed 87 days

Tags

• CLASSIC ADOBE PROPERTY
• SMALL LOW-MAINTENANCE YARD

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $80k.

Deal economics

• At list price, monthly cash flow is $546 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $80k).
• Recommended offer: $75k (6.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 63/100 on livability (#830 in TX) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: schools F, amenities F, commute F.
• Socorro ISD (urban): math 23% / reading 36% proficiency, ranked #624 of 826 in TX (top 76%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 66% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+5.3%/yr); 219 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 2,196 units permitted in El Paso County in 2024 (143 in 5+ unit buildings).
• This rent runs 31% of the median local income ($54k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-0.9%/yr); year-one equity from $552 of loan paydown is wiped out by about $746 of value loss. Plan a longer hold.
• El Paso County population projected at +10% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-0.9% appreciation + 5.3% rent growth), your $22k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 87 days — a 6% lower offer ($75k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $19k (19%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $75,153 (6.0% below list)

Questions for the listing agent

1. It's been on market 87 days. Have you received any prior offers? Is the seller open to a 6% 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 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?
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: 1.74% ✓
• Cap rate: 14.48%
• Cash-on-cash: 29.24%
• DSCR: 2.30
• GRM: 4.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-0.93% appreciation · 5.29% rent growth · sell at horizon

5-year hold

• IRR: 30.2%
• Equity multiple: 2.44×
• Total profit: $32,260
• Equity at exit: $19,554

10-year hold

• IRR: 36.2%
• Equity multiple: 5.19×
• Total profit: $93,762
• Equity at exit: $20,751

Cash invested: $22,386 (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 79927

• Home prices YoY: -0.4%
• Rents YoY: 5.3%
• Active inventory: 219
• Price-to-rent: 4.8×

Monthly cashflow live

• Estimated rent: $1,390 high
• Mortgage (P&I): −$419
• Tax est. 1.5%: −$100 /mo · $1,199/yr
• Insurance: −$33
• HOA: −$0
• Vacancy / Maint / Mgmt: −$292
• Net cashflow: $546

Break-even live

Break-even rent $699

Max offer price $79,950

Occupancy floor 56%

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: $19,988
• Closing costs: $2,398
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
743 Rodriguez Rd Unit 743 Socorro, TX	3.0	3.0	1000	$1,300	$1.30	23d	1	0.59mi
10368 Potencia Dr Unit B Socorro, TX	2.0	1.0	700	$800	$1.14	14d	1	0.69mi
10183 Dijon Pl Socorro, TX	3.0	2.0	1340	$1,495	$1.12	14d	1	0.75mi
10281 Valle del Mar Dr El Paso, TX	3.0	2.0	1328	$1,600	$1.20	14d	1	0.94mi
717 HC Gilbert Minjares Dr Unit A El Paso, TX	3.0	2.0	1167	$1,500	$1.29	43d	1	0.96mi
9811 Socorro Rd Unit 43 El Paso, TX	2.0	2.0	996	$1,175	$1.18	23d	1	1.01mi

Listing history 11 events

1. 2026-06-03
   status $79,950 Pending 87 DOM
2. 2026-06-03
   days on market $79,950 Active 87 DOM
3. 2026-06-01
   days on market $79,950 Active 86 DOM
4. 2026-05-31
   days on market $79,950 Active 85 DOM
5. 2026-05-13
   price $79,950 297-char remark

   Show marketing remark (297 chars)

   A classic adobe house with a two year roof that features a room-to-room layout and sits on a small, low-maintenance yard with parking space in the back. The home is being sold AS-IS and needs some TLC, making it an ideal choice for an investor or a buyer looking for a budget-friendly project.

6. 2026-04-16
   price $85,000 297-char remark

   Show marketing remark (297 chars)

   A classic adobe house with a two year roof that features a room-to-room layout and sits on a small, low-maintenance yard with parking space in the back. The home is being sold AS-IS and needs some TLC, making it an ideal choice for an investor or a buyer looking for a budget-friendly project.

7. 2026-04-16
   status Active 297-char remark

   Show marketing remark (297 chars)

   A classic adobe house with a two year roof that features a room-to-room layout and sits on a small, low-maintenance yard with parking space in the back. The home is being sold AS-IS and needs some TLC, making it an ideal choice for an investor or a buyer looking for a budget-friendly project.

8. 2026-04-14
   historical Active Under Contract 297-char remark

   Show marketing remark (297 chars)

   A classic adobe house with a two year roof that features a room-to-room layout and sits on a small, low-maintenance yard with parking space in the back. The home is being sold AS-IS and needs some TLC, making it an ideal choice for an investor or a buyer looking for a budget-friendly project.

9. 2026-04-11
   price $89,000 297-char remark

   Show marketing remark (297 chars)

   A classic adobe house with a two year roof that features a room-to-room layout and sits on a small, low-maintenance yard with parking space in the back. The home is being sold AS-IS and needs some TLC, making it an ideal choice for an investor or a buyer looking for a budget-friendly project.

10. 2026-03-06
    listed $99,000 Active 297-char remark

    Show marketing remark (297 chars)

    A classic adobe house with a two year roof that features a room-to-room layout and sits on a small, low-maintenance yard with parking space in the back. The home is being sold AS-IS and needs some TLC, making it an ideal choice for an investor or a buyer looking for a budget-friendly project.

11. 1982-11-01
    soldstatus

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 3/10 Moderate 18% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥102°F today · 25 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,679
• − Mortgage interest: −$4,478
• − Property taxes: −$1,199
• − Insurance: −$400
• − Repairs & maintenance: −$1,334
• − Management: −$1,334
• − Depreciation: −$2,326
• Taxable income: $5,607
• Est. tax owed @ 24.0%: −$1,346
• After-tax cash flow: $5,200/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: Socorro ISD
• NCES district ID: 4840710
• Math proficiency: 23% ▼ -34.00%
• Reading proficiency: 36% ▼ -14.00%
• Median HH income: $49,318
• Composite: 25.67/100
• National rank: #7396
• State rank: #624 of 826 in TX

Livability — Socorro

• Score: 63/100
• State rank: #830
• US rank: #14960

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Socorro, TX
• County: El Paso County · 761,266 people
• City population: 44,444
• Metro: El Paso, TX
• Population (ZIP): 44,444
• Household income: $53,652
• Rent vs Own: 19.2% rent · 80.8% own
• Severe rent burden: 732.0

Population outlook (El Paso County) Hauer SSP2

• Today (2025): 897,899 people
• By 2030: 922,694 · +2.8%
• By 2040: 960,492 · +7.0%
• By 2050: 982,919 · +9.5%
• By 2075: 997,266 · +11.1%
• By 2100: 900,630 · +0.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Hispanic (97%)
• Race & ethnicity: Hispanic / Latino 97% Two or more races 39% Native American 2% White 2%
• Hispanic origin (detail): Mexican 94%
• Foreign-born: 34% · Canada
• Languages at home: 16% English-only · Spanish 84%

Political lean MEDSL · El Paso

• 2024 margin: D (+15.1) · D 57.0% · R 41.8% · Other 1.2%
• 2008→2024 swing: -17.4pp toward R · 2008: 32.5pp · 2024: 15.1pp
• All cycles: 2024: D+15.1 2020: D+35.1 2016: D+43.2 2012: D+32.6 2008: D+32.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -0.93%
• Current HPI: 239.646
• Rent YoY: ▲ 5.29%
• Metro: El Paso, 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

-19.2% since first listed

7 events — show timeline

• 2026-05-13 Price Changed $79,950 GEPARMLS
• 2026-04-16 Price Changed $85,000 GEPARMLS
• 2026-04-16 Relisted — GEPARMLS
• 2026-04-14 Contingent — GEPARMLS
• 2026-04-11 Price Changed $89,000 GEPARMLS
• 2026-03-06 Listed $99,000 GEPARMLS
• 1982-11-01 Sold (Public Records) — Public Records

Property tax history

+17.8%/yr

Latest (2025): $4,058 · +3.1% YoY. Source: county tax records.