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121 W Avenue E
B+ Composite 76.49
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
  • ARV discount +13.4/15.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Livability +4.0/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Appreciation +2.2/10.0
  • Schools +1.9/10.0

$93,999

121 W Avenue E · Robstown, TX 78380
3 bd · 1.0 ba · 1,332 sqft · SingleFamily public records · 200 Days on market
Built 1955 7,000 sqft lot $71/sqft · 13% below area Est $108k · 13% under

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

One story, 3 bedroom home situated in the heart of Robstown. Beautiful hardwood floors throughout most of the house. Kitchen features vinyl wood look flooring and gas stove. Spacious bedrooms with ceiling fans and cedar closets. Large bathroom with tub/shower combo. Enclosed storage/laundry area. Large fenced in backyard. Roof replaced July 2022. Schedule a private tour today!

Key facts

  • Cedar closets
  • Ceiling fans
  • Gas stove

Tags

HARDWOOD FLOORSVINYL WOOD LOOK FLOORINGGAS STOVECEILING FANSCEDAR CLOSETSTUB SHOWER COMBO

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/1.0-bath single-family listed at $94k.

Deal economics

  • At list price, monthly cash flow is $-9 ($-102/yr) — negative.
  • To cash-flow at today's rent, offer at most $92k (1.6% below list).
  • Meets the 1% rule at list price ($1k rent vs $94k).
  • Recommended offer: $83k (12.0% below list) — sets the bar for market timing.
  • Cap rate 11.6% vs local median 5.2% in Robstown — 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 80/100 on livability (#47 in TX, #1,942 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, housing A+; Watch: schools D-, crime D-, amenities F.
  • Robstown ISD (town): math 18% / reading 28% proficiency, ranked #757 of 826 in TX (top 92%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 71% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: 194 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); 1,397 units permitted in Nueces County in 2024 (47 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $650 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
  • Nueces County population projected at +36% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 200 days — a 12% lower offer ($83k) 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

  • Watch-outs: property tax is 2.5% of price; flood insurance adds $427/mo; built in 1955 — expect roof / HVAC / electrical / plumbing capex.
  • 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 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $82,719 (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 200 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  3. Built in 1955 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  4. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
  5. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
  6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  8. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  9. Crime grade is D 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?
  10. 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.
  11. 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.
  12. 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
1.55%
Cap rate
11.63%
Cash-on-cash
19.06%
DSCR
1.85
GRM
5.4

CMA / ARV

ARV (median comp)
$108,094
List price
$93,999
Delta
-13.04%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 6 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
107 W Avenue E 0.07mi 3/1.0 1,314 (-1%) 13mo $159,900 $122 84
483 Cenizo St 0.37mi 3/2.0 1,301 (-2%) 14mo $175,000 $135 63
203 N First St 0.23mi 2/1.0 (-1) 1,201 (-10%) 7mo $39,900 $33 62
209 E Avenue F Ave 0.26mi 3/2.0 1,170 (-12%) 8mo $145,000 $124 57
416 & 420 E Avenue F 0.45mi 4/2.0 (+1) 1,500 (+13%) 5mo $199,000 $133 45
616 E Avenue G 0.64mi 3/2.0 1,196 (-10%) 24mo $74,900 $63 29

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
-16.5%
Equity multiple
0.41×
Total profit
$-15,443
Equity at exit
$14,016
10-year hold
IRR
-7.6%
Equity multiple
0.51×
Total profit
$-12,794
Equity at exit
$8,127

Cash invested: $26,320 (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.

ZIP-level market 78380

Home prices YoY
-1.9%
Active inventory
194
Price-to-rent
5.4×

Monthly cashflow live

Estimated rent
$1,452 medium interval (Pro) →
Mortgage (P&I)
$493
Tax from tax record
$197 /mo · $2,368/yr
Insurance
$39
Flood insurance flood zone
−$427 /mo · $5,118/yr
HOA
$0
Vacancy / Maint / Mgmt
$305
Net cashflow
$-9

Break-even live

Break-even rent $1,463
Max offer price $92,491
Occupancy floor 96%

Sensitivity live

Price -10% $45 -5% $18 +0% $-9 +5% $-35 +10% $-62
Rent -10% $-123 -5% $-66 +0% $-9 +5% $49 +10% $106
Rate -1.0pp $39 -0.5pp $15 base $-9 +0.5pp $-33 +1.0pp $-58

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
$23,500
Closing costs
$2,820
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 3 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
228 East Avenue G Unit G Robstown, TX 3.0 2.0 1222 $1,700 $1.39 22d 1 0.34mi
611 Lopez St Robstown, TX 3.0 1.0 886 $1,000 $1.13 45d 1 0.44mi
630 Wright St Robstown, TX 1.0–3.0 1.0–2.0 936 $1,479 $1.58 15d 8 0.95mi

Listing history 27 events

  1. 2026-06-21
    days on market $93,999 Active 200 DOM
  2. 2026-06-21
    days on market $93,999 Active 199 DOM
  3. 2026-06-18
    days on market $93,999 Active 197 DOM
  4. 2026-06-17
    days on market $93,999 Active 196 DOM
  5. 2026-06-16
    days on market $93,999 Active 195 DOM
  6. 2026-06-15
    days on market $93,999 Active 194 DOM
  7. 2026-06-15
    days on market $93,999 Active 193 DOM
  8. 2026-06-13
    days on market $93,999 Active 192 DOM
  9. 2026-06-09
    days on market $93,999 Active 188 DOM
  10. 2026-06-08
    days on market $93,999 Active 187 DOM
  11. 2026-06-08
    days on market $93,999 Active 186 DOM
  12. 2026-06-07
    days on market $93,999 Active 185 DOM
  13. 2026-06-03
    days on market $93,999 Active 182 DOM
  14. 2026-06-02
    days on market $93,999 Active 181 DOM
  15. 2026-06-01
    days on market $93,999 Active 180 DOM
  16. 2026-05-31
    days on market $93,999 Active 179 DOM
  17. 2026-01-01
    historical $1,200
  18. 2025-12-03
    listed $93,999 Active 379-char remark
    Show marketing remark (379 chars)

    One story, 3 bedroom home situated in the heart of Robstown. Beautiful hardwood floors throughout most of the house. Kitchen features vinyl wood look flooring and gas stove. Spacious bedrooms with ceiling fans and cedar closets. Large bathroom with tub/shower combo. Enclosed storage/laundry area. Large fenced in backyard. Roof replaced July 2022. Schedule a private tour today!

  19. 2025-09-11
    listed $1,200
  20. 2025-04-27
    status Active
  21. 2025-04-27
    status Pending
  22. 2025-04-21
    historical Active Under Contract
  23. 2025-04-14
    historical $1,200
  24. 2025-03-26
    listed $1,200
  25. 2024-11-11
    price $94,999
  26. 2024-09-20
    listed $98,000 Active
  27. 2011-06-24
    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
$2,368 · $197/mo
Projected year-2 tax
$2,368 · $197/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 8/10 Severe FEMA zone AE · 99% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 9/10 Extreme 7 d/yr ≥110°F today · 23 d/yr by 30 yrs out
  • 💨 Wind 9/10 Extreme 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

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$17,429
− Mortgage interest
−$5,265
− Property taxes
−$2,368
− Insurance
−$5,588
− Repairs & maintenance
−$1,394
− Management
−$1,394
− Depreciation
−$2,735
Taxable loss
−$1,316
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$316
After-tax cash flow
$213/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
Robstown ISD
NCES district ID
4837440
Math proficiency
18% ▼ -21.00%
Reading proficiency
28% ▼ -5.00%
Median HH income
$33,362
Composite
18.77/100
National rank
#8875
State rank
#757 of 826 in TX

Livability — Robstown

Score
80/100
State rank
#47
US rank
#1942

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Robstown, TX
Population (ZIP)
23,752

Population outlook (Nueces County) Hauer SSP2

Today (2025)
418,037 people
By 2030
447,123 · +7.0%
By 2040
505,911 · +21.0%
By 2050
567,522 · +35.8%
By 2075
729,686 · +74.6%
By 2100
847,087 · +102.6%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly Hispanic (76%)
Race & ethnicity
Hispanic / Latino 76% Two or more races 38% White 23%
Hispanic origin (detail)
Mexican 71%
Foreign-born
5% · Canada, Vietnam
Languages at home
52% English-only · Spanish 47%

Political lean MEDSL · Nueces

2024 margin
R (+11.5) · D 43.8% · R 55.3%
2008→2024 swing
-7.1pp toward R · 2008: -4.4pp · 2024: -11.5pp
All cycles
2024: R+11.5 2020: R+2.9 2016: R+1.5 2012: R+3.2 2008: R+4.4

Not yet ingested

Civics

Market trends

HPI YoY
▼ -5.51%
Current HPI
286.19
Rent YoY
Metro
State GDP YoY
▲ 3.95%
F500 in state
110

Industry mix (Fortune 500 HQ in TX)

Industry F500 HQs Revenue

Price history

-98.8% since first listed
11 events — show timeline
  • 2026-01-01 Rental Removed $1,200 CBMLS
  • 2025-12-03 Listed $93,999 CBMLS
  • 2025-09-11 Listed for Rent $1,200 CBMLS
  • 2025-04-27 Relisted CBMLS
  • 2025-04-27 Pending CBMLS
  • 2025-04-21 Contingent CBMLS
  • 2025-04-14 Rental Removed $1,200 CBMLS
  • 2025-03-26 Listed for Rent $1,200 CBMLS
  • 2024-11-11 Price Changed $94,999 CBMLS
  • 2024-09-20 Listed $98,000 CBMLS
  • 2011-06-24 Sold (Public Records) Public Records

Property tax history

+3.6%/yr

Latest (2025): $2,368 · -1.1% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…