320 Violet Ave · Mission, TX 78574

$189,000

3 bd · 2.0 ba · 1,650 sqft · SingleFamily public records · 286 Days on market

Built 1997 10,879 sqft lot $115/sqft · at area comps Est $197k · at est. ↓ 38% 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).

• Cash flow +12.4/30.0
• ARV discount +9.2/15.0
• 1% rule +4.2/10.0
• Livability +3.8/5.0
• DSCR +3.7/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to your new home! This residence is situated in Mission, Texas, conveniently located near Conway and just minutes from the expressway. You will find yourself in close proximity to various retail stores and restaurants. This single-story home boasts a driveway, brick siding, an attached garage, and a well-maintained front lawn. The living and dining areas feature elegant tile flooring, a decorative wall, ornamental molding, and a ceiling fan. The kitchen is equipped with a black electric range, a freestanding refrigerator, light stone countertops, pendant lighting, and brown cabinetry. The bedrooms are generously sized, while the bathrooms include a tiled shower and a stylish vanity. The backyard offers a fenced area complete with a patio and an outdoor fire pit. Do not miss this opportunity; let us schedule a showing today!

Key facts

• Brick siding
• Attached garage
• Tile flooring

Tags

• BRICK SIDING
• ATTACHED GARAGE
• WELL MAINTAINED FRONT LAWN
• TILE FLOORING
• DECORATIVE WALL
• ORNAMENTAL MOLDING

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $189k.

Deal economics

• At list price, monthly cash flow is $-30 ($-361/yr) — negative.
• To cash-flow at today's rent, offer at most $184k (2.8% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $174k (8.1% below list).
• Recommended offer: $166k (12.0% below list) — sets the bar for market timing.
• Cap rate 6.1% vs local median 3.5% in Mission — 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 (#148 in TX, #4,155 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: schools C-, amenities F, commute F.
• Mission CISD (urban): math 15% / reading 28% proficiency, ranked #775 of 826 in TX (top 94%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 78% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 474 active listings in the ZIP; 18 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); 7,378 units permitted in Hidalgo County in 2024 (641 in 5+ unit buildings).
• This rent runs 40% of the median local income ($52k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
• Hidalgo County population projected at +28% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 286 days — a 12% lower offer ($166k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $130k (41%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $166,320 (12.0% 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 286 days. Have you received any prior offers? Is the seller open to a 12% 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. 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?
6. 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.
7. 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.
8. 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: 0.92% ✗
• Cap rate: 6.10%
• Cash-on-cash: -0.68%
• DSCR: 0.97
• GRM: 9.1

CMA / ARV

• ARV (median comp): $196,614
• List price: $189,000
• Delta: -3.87%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
408 Rose Marie St	0.11mi	3/2.0	1,477 (-10%)	1mo	$230,000	$156	77
2401 N Mayberry Rd	0.34mi	3/2.0	1,663 (+1%)	18mo	$205,000	$123	68
706 Thornwood Dr	0.37mi	4/2.0 (+1)	1,658 (+0%)	16mo	$235,000	$142	63
702 Fairview Dr	0.61mi	3/2.0	1,509 (-8%)	0mo	$205,000	$136	57
315 Stacie Ln	0.15mi	3/2.0	1,869 (+13%)	17mo	$199,000	$106	56
713 W 24th Pl	0.61mi	3/2.5	1,532 (-7%)	2mo	$210,000	$137	56
700 Alameda Dr	0.60mi	3/2.0	1,489 (-10%)	2mo	$259,000	$174	54
1812 Peace Ave	0.55mi	3/2.0	1,810 (+10%)	6mo	$199,000	$110	53
2704 Sierra Ct	0.63mi	3/2.0	1,759 (+7%)	13mo	$279,000	$159	48
604 Alameda Dr	0.58mi	3/2.0	1,552 (-6%)	18mo	$270,000	$174	48
716 W 27th St	0.72mi	3/2.5	1,871 (+13%)	5mo	$284,500	$152	38
713 W 27th St	0.68mi	3/2.5	1,842 (+12%)	12mo	$325,000	$176	36

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: -17.4%
• Equity multiple: 0.39×
• Total profit: $-32,459
• Equity at exit: $28,181

10-year hold

• IRR: -9.3%
• Equity multiple: 0.43×
• Total profit: $-30,388
• Equity at exit: $16,341

Cash invested: $52,920 (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 78574

• Home prices YoY: -16.1%
• Active inventory: 474
• Price-to-rent: 9.1×

Monthly cashflow live

• Estimated rent: $1,736 high
• Mortgage (P&I): −$991
• Tax from tax record: −$332 /mo · $3,984/yr
• Insurance: −$79
• HOA: −$0
• Vacancy / Maint / Mgmt: −$365
• Net cashflow: $-30

Break-even live

Break-even rent $1,775

Max offer price $183,681

Occupancy floor 97%

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: $47,250
• Closing costs: $5,670
• Reserves months: —
• Total cash needed: —

Rent comps 18 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
502 Thornwood St Mission, TX	4.0	2.0	1260	$1,600	$1.27	14d	1	0.25mi
2002 Thornton St Mission, TX	3.0	2.0	1374	$1,300	$0.95	43d	1	0.55mi
607 Alameda Dr Mission, TX	3.0	2.5	1731	$2,200	$1.27	44d	1	0.61mi
702 W 25th St Mission, TX	3.0	2.0	1375	$1,650	$1.20	19d	1	0.66mi
1827 Highland Park Ave Unit 1 Mission, TX	2.0	2.0	1300	$1,200	$0.92	43d	1	0.71mi
1400 N Dunlap Ave Mission, TX	2.0	1.0	1068	$800	$0.75	19d	1	0.74mi
1801 Highland Park Ave Mission, TX	2.0	2.0	1173	$1,500	$1.28	19d	1	0.75mi
1707 Highland Park Ave Unit 4-B Mission, TX	2.0	2.0	1336	$1,200	$0.90	14d	1	0.76mi
221 W 14th St Mission, TX	3.0	2.0	1290	$1,100	$0.85	43d	1	0.76mi
1006 Fairway Dr Mission, TX	2.0	2.0	1072	$1,100	$1.03	43d	1	0.81mi
2216 Robyn Ln Mission, TX	3.0	3.0	2033	$2,000	$0.98	21d	1	0.92mi
3108 Highland Park Ave Mission, TX	4.0	2.0	1400	$1,800	$1.29	19d	1	0.94mi
3209 Black Oak Ln Mission, TX	3.0	2.5	1672	$1,700	$1.02	14d	1	1.01mi
3401 N Mayberry Rd Mission, TX	3.0	2.0	1150	$961	$0.84	43d	1	1.22mi
1412 E 28th St Mission, TX	4.0	3.0	2068	$2,300	$1.11	23d	1	1.29mi
523 Perkins Ave Mission, TX	2.0	2.0	1050	$950	$0.90	43d	1	1.36mi
906 Hidden Hills St Unit 4 Mission, TX	2.0	3.0	1180	$1,250	$1.06	14d	1	1.47mi
1606 Terrace Dr Mission, TX	4.0	3.0	2127	$2,600	$1.22	14d	1	1.49mi

Listing history 16 events

1. 2026-06-03
   statusdays on market $189,000 Pending 286 DOM
2. 2026-06-02
   days on market $189,000 Active 285 DOM
3. 2026-06-01
   days on market $189,000 Active 284 DOM
4. 2026-05-31
   days on market $189,000 Active 283 DOM
5. 2026-05-31
   days on market $189,000 Active 282 DOM
6. 2026-05-15
   historical Option 843-char remark

   Show marketing remark (843 chars)

   Welcome to your new home! This residence is situated in Mission, Texas, conveniently located near Conway and just minutes from the expressway. You will find yourself in close proximity to various retail stores and restaurants. This single-story home boasts a driveway, brick siding, an attached garage, and a well-maintained front lawn. The living and dining areas feature elegant tile flooring, a decorative wall, ornamental molding, and a ceiling fan. The kitchen is equipped with a black electric range, a freestanding refrigerator, light stone countertops, pendant lighting, and brown cabinetry. The bedrooms are generously sized, while the bathrooms include a tiled shower and a stylish vanity. The backyard offers a fenced area complete with a patio and an outdoor fire pit. Do not miss this opportunity; let us schedule a showing today!

7. 2026-04-07
   price $198,900 843-char remark

   Show marketing remark (843 chars)

   Welcome to your new home! This residence is situated in Mission, Texas, conveniently located near Conway and just minutes from the expressway. You will find yourself in close proximity to various retail stores and restaurants. This single-story home boasts a driveway, brick siding, an attached garage, and a well-maintained front lawn. The living and dining areas feature elegant tile flooring, a decorative wall, ornamental molding, and a ceiling fan. The kitchen is equipped with a black electric range, a freestanding refrigerator, light stone countertops, pendant lighting, and brown cabinetry. The bedrooms are generously sized, while the bathrooms include a tiled shower and a stylish vanity. The backyard offers a fenced area complete with a patio and an outdoor fire pit. Do not miss this opportunity; let us schedule a showing today!

8. 2026-02-12
   price $205,000 843-char remark

   Show marketing remark (843 chars)

   Welcome to your new home! This residence is situated in Mission, Texas, conveniently located near Conway and just minutes from the expressway. You will find yourself in close proximity to various retail stores and restaurants. This single-story home boasts a driveway, brick siding, an attached garage, and a well-maintained front lawn. The living and dining areas feature elegant tile flooring, a decorative wall, ornamental molding, and a ceiling fan. The kitchen is equipped with a black electric range, a freestanding refrigerator, light stone countertops, pendant lighting, and brown cabinetry. The bedrooms are generously sized, while the bathrooms include a tiled shower and a stylish vanity. The backyard offers a fenced area complete with a patio and an outdoor fire pit. Do not miss this opportunity; let us schedule a showing today!

9. 2026-02-10
   status Active 843-char remark

   Show marketing remark (843 chars)

   Welcome to your new home! This residence is situated in Mission, Texas, conveniently located near Conway and just minutes from the expressway. You will find yourself in close proximity to various retail stores and restaurants. This single-story home boasts a driveway, brick siding, an attached garage, and a well-maintained front lawn. The living and dining areas feature elegant tile flooring, a decorative wall, ornamental molding, and a ceiling fan. The kitchen is equipped with a black electric range, a freestanding refrigerator, light stone countertops, pendant lighting, and brown cabinetry. The bedrooms are generously sized, while the bathrooms include a tiled shower and a stylish vanity. The backyard offers a fenced area complete with a patio and an outdoor fire pit. Do not miss this opportunity; let us schedule a showing today!

10. 2026-02-01
    status Pending 843-char remark

    Show marketing remark (843 chars)

    Welcome to your new home! This residence is situated in Mission, Texas, conveniently located near Conway and just minutes from the expressway. You will find yourself in close proximity to various retail stores and restaurants. This single-story home boasts a driveway, brick siding, an attached garage, and a well-maintained front lawn. The living and dining areas feature elegant tile flooring, a decorative wall, ornamental molding, and a ceiling fan. The kitchen is equipped with a black electric range, a freestanding refrigerator, light stone countertops, pendant lighting, and brown cabinetry. The bedrooms are generously sized, while the bathrooms include a tiled shower and a stylish vanity. The backyard offers a fenced area complete with a patio and an outdoor fire pit. Do not miss this opportunity; let us schedule a showing today!

11. 2025-10-22
    historical Option 843-char remark

    Show marketing remark (843 chars)

    Welcome to your new home! This residence is situated in Mission, Texas, conveniently located near Conway and just minutes from the expressway. You will find yourself in close proximity to various retail stores and restaurants. This single-story home boasts a driveway, brick siding, an attached garage, and a well-maintained front lawn. The living and dining areas feature elegant tile flooring, a decorative wall, ornamental molding, and a ceiling fan. The kitchen is equipped with a black electric range, a freestanding refrigerator, light stone countertops, pendant lighting, and brown cabinetry. The bedrooms are generously sized, while the bathrooms include a tiled shower and a stylish vanity. The backyard offers a fenced area complete with a patio and an outdoor fire pit. Do not miss this opportunity; let us schedule a showing today!

12. 2025-08-14
    price $219,000 843-char remark

    Show marketing remark (843 chars)

    Welcome to your new home! This residence is situated in Mission, Texas, conveniently located near Conway and just minutes from the expressway. You will find yourself in close proximity to various retail stores and restaurants. This single-story home boasts a driveway, brick siding, an attached garage, and a well-maintained front lawn. The living and dining areas feature elegant tile flooring, a decorative wall, ornamental molding, and a ceiling fan. The kitchen is equipped with a black electric range, a freestanding refrigerator, light stone countertops, pendant lighting, and brown cabinetry. The bedrooms are generously sized, while the bathrooms include a tiled shower and a stylish vanity. The backyard offers a fenced area complete with a patio and an outdoor fire pit. Do not miss this opportunity; let us schedule a showing today!

13. 2025-08-11
    listed $319,000 Active 843-char remark

    Show marketing remark (843 chars)

    Welcome to your new home! This residence is situated in Mission, Texas, conveniently located near Conway and just minutes from the expressway. You will find yourself in close proximity to various retail stores and restaurants. This single-story home boasts a driveway, brick siding, an attached garage, and a well-maintained front lawn. The living and dining areas feature elegant tile flooring, a decorative wall, ornamental molding, and a ceiling fan. The kitchen is equipped with a black electric range, a freestanding refrigerator, light stone countertops, pendant lighting, and brown cabinetry. The bedrooms are generously sized, while the bathrooms include a tiled shower and a stylish vanity. The backyard offers a fenced area complete with a patio and an outdoor fire pit. Do not miss this opportunity; let us schedule a showing today!

14. 2014-11-12
    soldstatus
15. 2008-12-11
    soldstatus
16. 1999-10-25
    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: $3,984 · $332/mo
• Projected year-2 tax: $3,984 · $332/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 1/10 Low FEMA zone X · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥111°F today · 20 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,838
• − Mortgage interest: −$10,587
• − Property taxes: −$3,984
• − Insurance: −$945
• − Repairs & maintenance: −$1,667
• − Management: −$1,667
• − Depreciation: −$5,498
• Taxable loss: −$3,511
• Est. tax savings @ 24.0%: +$843
• After-tax cash flow: $481/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: Mission CISD
• NCES district ID: 4831040
• Math proficiency: 15% ▼ -35.00%
• Reading proficiency: 28% ▼ -15.00%
• Median HH income: $32,855
• Composite: 17.47/100
• National rank: #9061
• State rank: #775 of 826 in TX

Livability — Mission

• Score: 75/100
• State rank: #148
• US rank: #4155

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Mission, TX
• County: Hidalgo County · 623,128 people
• City population: 78,024
• Metro: McAllen-Edinburg-Mission, TX
• Population (ZIP): 62,456
• Household income: $52,393
• Rent vs Own: 20.0% rent · 80.0% own
• Severe rent burden: 803.0

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 (97%)
• Race & ethnicity: Hispanic / Latino 97% Two or more races 62% White 2%
• Hispanic origin (detail): Mexican 93%
• Foreign-born: 33% · Canada
• Languages at home: 12% English-only · Spanish 87%

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: ▼ -44.13%
• Current HPI: 230.3323
• Rent YoY: —
• Metro: McAllen-Edinburg-Mission, 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

-37.6% since first listed

11 events — show timeline

• 2026-05-15 Contingent — MCALLENMLS
• 2026-04-07 Price Changed $198,900 MCALLENMLS
• 2026-02-12 Price Changed $205,000 MCALLENMLS
• 2026-02-10 Relisted — MCALLENMLS
• 2026-02-01 Pending — MCALLENMLS
• 2025-10-22 Contingent — MCALLENMLS
• 2025-08-14 Price Changed $219,000 MCALLENMLS
• 2025-08-11 Listed $319,000 MCALLENMLS
• 2014-11-12 Sold (Public Records) — Public Records
• 2008-12-11 Sold (Public Records) — Public Records
• 1999-10-25 Sold (Public Records) — Public Records

Property tax history

+5.8%/yr

Latest (2025): $3,984 · +10.0% YoY. Source: county tax records.