216 S Guerra Ave · Weslaco, TX
Flood risk 6/10 · Moderate
- FEMA flood zone
- X
- Chance of flooding over 30 yrs
- 0.68%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $1,222 – $2,270
Heat risk 9/10 · Severe
- Hot days now (above 111°F)
- 7 days/yr
- Hot days in 30 yrs
- 22 days/yr
Wind risk 8/10 · Major
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 1/10 · Minimal
- Unhealthy air days now
- 0 days/yr
- Unhealthy air days in 30 yrs
- 0 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the A- 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
- ARV discount +15.0/15.0
- DSCR +10.0/10.0
- 1% rule +9.9/10.0
- Appreciation +4.7/10.0
- Livability +3.6/5.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
- Schools +2.2/10.0
$73,500
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks
Investor’s Dream! This 2-bedroom fixer-upper in the heart of Weslaco sits on a desirable corner lot, offering incredible potential for rental income or a profitable flip. Just 3 minutes from Expressway 83, it provides easy access to shopping, dining, and essential amenities. With the right vision and renovations, this property can be transformed into a lucrative asset. Sold AS-IS, making it a perfect opportunity for savvy investors looking for their next project. Don’t miss out—schedule a viewing today!
Key facts
- Corner lot
- 2,499 sq ft lot
- Built 1981
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath single-family listed at $74k.
Deal economics
- At list price, monthly cash flow is $336 ($4k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $74k).
- Recommended offer: $65k (12.0% below list) — sets the bar for market timing.
- Cap rate 11.8% 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: Armando Cuellar Middle (math 22% / reading 31%, grade F, #1,200 of 1,662 statewide, top 73%, 626 students, 88% FRL); Weslaco East H S (math 24% / reading 26%, grade F, #1,250 of 1,632 statewide, top 77%, 2,004 students, 86% FRL) — zoned schools average 87% FRL vs 59% district-wide (28 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Market conditions: 708 active listings in the ZIP; 22 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% 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 $79 of equity ($508 loan paydown + $-429 appreciation (-0.6% local appreciation)).
- Hidalgo County population projected at +28% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
- At projected returns (-0.6% appreciation + 3.0% rent growth), your $21k cash investment doubles in ~5 years — after that, you're playing with house money.
Negotiation context
- It's been on market 394 days — a 12% lower offer ($65k) is reasonable based on typical stale-listing flexibility.
- 5 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
- Climate carrying-cost: major flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 394 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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.
- 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.
- 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
- 1.49% ✓
- Cap rate
- 11.78%
- Cash-on-cash
- 19.58%
- DSCR
- 1.87
- GRM
- 5.6
CMA / ARV
- ARV (on-the-fly)
- $113,256
- Comps found
- 8
Show comp detail 8 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 216 S Guerra Ave | 0.00mi | 2/1.0 (-1) | 792 (0%) | 1mo | $73,500 | $93 | 94 |
| 116 N Kansas Ave | 0.54mi | 2/1.0 (-1) | 720 (-9%) | 12mo | $75,000 | $104 | 45 |
| 209 N Kansas St | 0.58mi | 3/1.0 | 732 (-8%) | 20mo | $95,000 | $130 | 44 |
| 302 E Esplanada St | 0.68mi | 2/1.0 (-1) | 770 (-3%) | 20mo | $110,000 | $143 | 42 |
| 211 W Llano Grande St | 0.68mi | 2/2.0 (-1) | 828 (+4%) | 14mo | $149,000 | $180 | 40 |
| 409 Hidalgo St | 0.73mi | 2/2.0 (-1) | 900 (+14%) | 2mo | $157,000 | $174 | 32 |
| 311 N Missouri Ave | 0.68mi | 2/1.0 (-1) | 891 (+12%) | 14mo | $132,000 | $148 | 30 |
| 1517 E Katie St | 0.56mi | 2/1.0 (-1) | 896 (+13%) | 22mo | $118,900 | $133 | 29 |
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
- IRR
- 18.0%
- Equity multiple
- 1.84×
- Total profit
- $17,277
- Equity at exit
- $19,220
- IRR
- 23.1%
- Equity multiple
- 3.44×
- Total profit
- $50,163
- Equity at exit
- $21,472
Cash invested: $20,580 (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
ZIP-level market 78596
- Home prices YoY
- -0.2%
- Active inventory
- 708
- Price-to-rent
- 5.6×
Monthly cashflow live
- Estimated rent
- $1,098 high interval (Pro) →
- Mortgage (P&I)
- −$385
- Tax from tax record
- −$116 /mo · $1,386/yr
- Insurance
- −$31
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$231
- Net cashflow
- $336
Break-even live
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
- $18,375
- Closing costs
- $2,205
- 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.
Rent comps 22 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 622 E Llano Grande St Weslaco, TX | 3.0 | 2.0 | 1100 | $1,500 | $1.36 | 43d | 1 | 0.30mi |
| 1804 Davenport St Unit 4 Weslaco, TX | 2.0 | 2.0 | 938 | $1,125 | $1.20 | 44d | 1 | 0.48mi |
| 1805 Stauffers St Unit 3 Weslaco, TX | 3.0 | 2.0 | 1116 | $1,150 | $1.03 | 43d | 1 | 0.49mi |
| 1804 Stauffers St #3 Weslaco, TX | 2.0 | 2.0 | 840 | $1,000 | $1.19 | 43d | 1 | 0.50mi |
| 1722 E Davenport St Unit 4 Weslaco, TX | 2.0 | 2.0 | 938 | $1,100 | $1.17 | 43d | 1 | 0.51mi |
| 518 N Cantu St Weslaco, TX | 2.0 | 1.0 | 648 | $900 | $1.39 | 44d | 1 | 0.52mi |
| 1817 Stauffer St Weslaco, TX | 3.0 | 2.0 | 1116 | $1,200 | $1.08 | 43d | 1 | 0.53mi |
| 1812 Redbud Ln Unit 1 Weslaco, TX | 2.0 | 2.0 | 874 | $1,025 | $1.17 | 43d | 1 | 0.54mi |
| 1917 Davenport St Unit 1 Weslaco, TX | 2.0 | 2.0 | 938 | $1,100 | $1.17 | 43d | 1 | 0.58mi |
| 2108 Redbud Ln Unit 4 Weslaco, TX | 2.0 | 2.0 | 920 | $1,050 | $1.14 | 43d | 1 | 0.64mi |
| 309 E Mesquite St Weslaco, TX | 3.0 | 2.0 | 1100 | $1,400 | $1.27 | 43d | 1 | 0.65mi |
| 1306 E 11th St Unit 11 Weslaco, TX | 2.0 | 2.0 | 900 | $875 | $0.97 | 43d | 1 | 0.88mi |
| 1601 S Airport Dr Unit 261 Weslaco, TX | 2.0 | 2.0 | 912 | $1,500 | $1.64 | 43d | 1 | 0.97mi |
| 1601 S Airport Dr Unit 283 Weslaco, TX | 3.0 | 2.0 | 1033 | $1,600 | $1.55 | 43d | 1 | 0.97mi |
| 3814 Bella Costa Dr Unit 3 Weslaco, TX | 2.0 | 2.0 | 987 | $1,025 | $1.04 | 43d | 1 | 1.08mi |
| 3707 Las Vistas Ln Apt 1 Weslaco, TX | 2.0 | 2.0 | 987 | $1,025 | $1.04 | 43d | 1 | 1.08mi |
| 604 Buena Vista Dr Weslaco, TX | 2.0 | 2.0 | 783 | $750 | $0.96 | 43d | 1 | 1.40mi |
| 609 Buena Vista Dr Apt 1 Weslaco, TX | 2.0 | 2.0 | 888 | $750 | $0.84 | 43d | 1 | 1.43mi |
| 1810 S Oregon Ave Unit 1810-14 Weslaco, TX | 2.0 | 1.0 | 850 | $695 | $0.82 | 43d | 1 | 1.44mi |
| 1810 S Oregon Ave Unit 622-3 Weslaco, TX | 2.0 | 1.0 | 850 | $855 | $1.01 | 43d | 1 | 1.44mi |
| 1810 S Oregon Ave Unit 1810-9 Weslaco, TX | 2.0 | 1.0 | 850 | $795 | $0.94 | 43d | 1 | 1.44mi |
| 220 E 18th St Unit 2 Weslaco, TX | 2.0 | 1.0 | 770 | $770 | $1.00 | 43d | 1 | 1.50mi |
Listing history 11 events
-
2026-03-16status Pending
-
2025-06-05status Active
-
2025-05-23status Pending
-
2025-05-12historical Option
-
2025-02-01$73,500 Active
-
2024-12-09price $77,000
-
2024-11-19status Active
-
2024-09-30status Pending
-
2024-07-20$79,999 Active
-
2024-06-20price $79,999
-
2024-01-08$85,000 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
- $1,386 · $116/mo
- Projected year-2 tax
- $1,386 · $116/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 6/10 Major FEMA zone X · 68% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 9/10 Extreme 7 d/yr ≥111°F today · 22 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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $13,177
- − Mortgage interest
- −$4,117
- − Property taxes
- −$1,386
- − Insurance
- −$368
- − Repairs & maintenance
- −$1,054
- − Management
- −$1,054
- − Depreciation
- −$2,138
- Taxable income
- $3,059
- Est. tax owed @ 24.0%
- −$734
- After-tax cash flow
- $3,296/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
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 |
|
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| Engineering / Construction | 4 | $72B |
|
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| Energy Services | 3 | $60B |
|
||
| Utilities | 3 | $41B |
|
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| Healthcare | 2 | $330B |
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Price history
-13.5% since first listed11 events — show timeline
- 2026-03-16 Pending — MCALLENMLS
- 2025-06-05 Relisted — MCALLENMLS
- 2025-05-23 Pending — MCALLENMLS
- 2025-05-12 Contingent — MCALLENMLS
- 2025-02-01 Listed $73,500 MCALLENMLS
- 2024-12-09 Price Changed $77,000 MCALLENMLS
- 2024-11-19 Relisted — MCALLENMLS
- 2024-09-30 Pending — MCALLENMLS
- 2024-07-20 Listed $79,999 MCALLENMLS
- 2024-06-20 Price Changed $79,999 MCALLENMLS
- 2024-01-08 Listed $85,000 MCALLENMLS
Property tax history
+8.6%/yrLatest (2025): $1,386 · +17.7% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…