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706 W 10th St
C- Composite 50.12
Why this score? — see what drove the C- 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 +15.0/15.0
  • Cash flow +12.1/30.0
  • Appreciation +4.7/10.0
  • 1% rule +3.9/10.0
  • DSCR +3.6/10.0
  • Livability +3.6/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Schools +2.2/10.0

$149,000

706 W 10th St · Weslaco, TX 78596
3 bd · 2.0 ba · 1,320 sqft · SingleFamily public records · 28 Days on market
Built 1972 10,122 sqft lot $113/sqft · 18% below area Est $182k · 18% under

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

Listing remarks MLS

Buyer changed their mind, so this is your chance to submit your offers for this South Weslaco home. Lush green grass welcomes you into this quaint 2bedroom/1bath home with over 1300 sf. With a little TLC, the spacious living room and kitchen will welcome family and friends to watch the game or share a meal. If you prefer the outdoors, relax on the covered patio just outside the kitchen or enjoy summers with great BBQ on the grill. There is plenty of parking with 4 spaces under 2 carports. This is perfect as a starter home or if you're entertaining the idea of downsizing. This is also perfect for an investor who'd like to put his/her unique touch and lease or resell. The options are plenty. Don't let this great opportunity pass you by. Wheel chair ramp at side entry. Buyer will pay for title and survey. Offers welcome.

Key facts

  • Dual carports
  • Near restaurants
  • 0.23-acre lot

Tags

DUAL CARPORTS0.23-ACRE LOTNEAR H-E-BNEAR WALMARTNEAR HOME DEPOTNEAR RESTAURANTS

Property features AI

Finance

  • HOA & community: No HOA

Exterior

  • Parking: 4 total parking spaces; 4 covered carport spaces; Parking includes attached and detached spaces
  • Utilities: City sewer
  • Home design: Single-family property; Living area source: HidalgoCAD
  • Construction: Brick and siding exterior; Shingle roof; Crawl space foundation; Built footprint: 1,320 building area
  • Exterior features: Chain link fencing; Covered patio; Paved road access

Interior

  • Kitchen: Refrigerator; Stove/Range; Microwave; Electric water heater
  • Flooring: Tile
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Central heating; Central air conditioning
  • Interior features: Tile flooring; Tile countertops; Ceiling fans; Microwave; Mini blinds
  • Laundry & utility: Dedicated laundry room

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/2.0-bath single-family listed at $149k.

Deal economics

  • At list price, monthly cash flow is $-32 ($-389/yr) — negative.
  • To cash-flow at today's rent, offer at most $143k (3.8% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $133k (10.9% below list).
  • Recommended offer: $133k (10.9% below list) — sets the bar for 1% rule.
  • Cap rate 6.0% 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: North Bridge El (math 8% / reading 17%, grade F, #4,180 of 4,322 statewide, top 97%, 692 students, 92% FRL); Armando Cuellar Middle (math 22% / reading 31%, grade F, #1,200 of 1,662 statewide, top 73%, 626 students, 88% FRL); Weslaco H S (math 25% / reading 33%, grade F, #1,147 of 1,632 statewide, top 71%, 2,553 students, 73% FRL) — zoned schools average 84% FRL vs 59% district-wide (25 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: 711 active listings in the ZIP; 12 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 58% 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 $160 of equity ($1k loan paydown + $-870 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

  • It's been on market 28 days — a 2% lower offer ($147k) is reasonable based on typical stale-listing flexibility.
  • 4 sale attempts since 4y 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→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $132,818 (10.9% 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. Built in 1972 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. 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?
  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
0.89%
Cap rate
6.03%
Cash-on-cash
-0.93%
DSCR
0.96
GRM
9.3

CMA / ARV

ARV (median comp)
$181,746
List price
$149,000
Delta
-18.02%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 8 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
815 S Indiana Ave 0.26mi 3/2.0 1,321 (+0%) 7mo $160,000 $121 82
604 W 11th St 0.07mi 3/2.0 1,400 (+6%) 11mo $219,999 $157 78
1104 Stone St 0.53mi 2/2.0 (-1) 1,330 (+1%) 6mo $225,000 $169 64
618 W 5th St 0.49mi 3/1.5 1,318 (-0%) 21mo $169,000 $128 57
1012 W 3rd St 0.66mi 3/1.0 1,250 (-5%) 1mo $159,000 $127 56
1017 S Nebraska Ave 0.34mi 3/2.0 1,488 (+13%) 14mo $199,000 $134 51
513 S Louisiana Ave 0.41mi 3/1.0 1,196 (-9%) 20mo $119,000 $99 45
1016 W 4th St 0.63mi 3/1.0 1,235 (-6%) 23mo $140,000 $113 37

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
-5.6%
Equity multiple
0.75×
Total profit
$-10,413
Equity at exit
$38,963
10-year hold
IRR
0.9%
Equity multiple
1.09×
Total profit
$3,586
Equity at exit
$43,527

Cash invested: $41,720 (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 78596

Home prices YoY
-0.2%
Active inventory
711
Price-to-rent
9.3×

Monthly cashflow live

Estimated rent
$1,328 high interval (Pro) →
Mortgage (P&I)
$781
Tax from tax record
$238 /mo · $2,858/yr
Insurance
$62
HOA
$0
Vacancy / Maint / Mgmt
$279
Net cashflow
$-32

Break-even live

Break-even rent $1,369
Max offer price $143,280
Occupancy floor 97%

Sensitivity live

Price -10% $52 -5% $10 +0% $-32 +5% $-75 +10% $-117
Rent -10% $-137 -5% $-85 +0% $-32 +5% $20 +10% $73
Rate -1.0pp $43 -0.5pp $6 base $-32 +0.5pp $-71 +1.0pp $-110

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
$37,250
Closing costs
$4,470
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 12 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
2211 Tomatillo Dr Weslaco, TX 3.0 2.0 1361 $2,200 $1.62 25d 1 0.97mi
609 Buena Vista Dr Apt 1 Weslaco, TX 2.0 2.0 888 $750 $0.84 45d 1 1.12mi
622 E Llano Grande St Weslaco, TX 3.0 2.0 1100 $1,500 $1.36 45d 1 1.21mi
1306 E 11th St Unit 11 Weslaco, TX 2.0 2.0 900 $875 $0.97 45d 1 1.22mi
1319 San Vicente Unit 1 Weslaco, TX 3.0 2.0 1100 $1,350 $1.23 25d 1 1.22mi
1409 San Vicente Weslaco, TX 3.0 2.0 1150 $1,250 $1.09 46d 1 1.23mi
1322 Beverly Ave Unit 3 Weslaco, TX 3.0 2.0 1050 $1,350 $1.29 25d 1 1.27mi
1409 Beverly Ave Unit 1 Weslaco, TX 2.0 2.0 986 $1,050 $1.06 45d 1 1.29mi
309 E Mesquite St Weslaco, TX 3.0 2.0 1100 $1,400 $1.27 45d 1 1.34mi
2816 Brown St Unit B Weslaco, TX 2.0 2.0 1000 $950 $0.95 45d 1 1.45mi
3117 Whitetail Dr Weslaco, TX 3.0 2.0 1631 $1,500 $0.92 15d 1 1.47mi
1900 Columbia St Unit D Weslaco, TX 2.0 2.0 1000 $1,050 $1.05 15d 1 1.50mi

Listing history 20 events

  1. 2026-06-12
    statusdays on market $149,000 Pending 28 DOM
  2. 2026-06-09
    days on market $149,000 Option 26 DOM
  3. 2026-06-08
    days on market $149,000 Option 25 DOM
  4. 2026-06-08
    days on market $149,000 Option 24 DOM
  5. 2026-06-07
    days on market $149,000 Option 23 DOM
  6. 2026-06-04
    status $149,000 Option 20 DOM
  7. 2026-06-03
    days on market $149,000 Active 20 DOM
  8. 2026-06-02
    days on market $149,000 Active 19 DOM
  9. 2026-06-01
    days on market $149,000 Active 18 DOM
  10. 2026-05-31
    days on market $149,000 Active 17 DOM
  11. 2026-05-14
    listed $149,000 Active 393-char remark
  12. 2026-01-22
    price $154,000
  13. 2025-11-03
    listed $159,000 Active
  14. 2022-07-22
    soldstatus
  15. 2022-07-21
    soldstatus Sold
    Show marketing remark (837 chars)

    Buyer changed their mind, so this is your chance to submit your offers for this South Weslaco home. Lush green grass welcomes you into this quaint 2bedroom/1bath home with over 1300 sf. With a little TLC, the spacious living room and kitchen will welcome family and friends to watch the game or share a meal. If you prefer the outdoors, relax on the covered patio just outside the kitchen or enjoy summers with great BBQ on the grill. There is plenty of parking with 4 spaces under 2 carports. This is perfect as a starter home or if you're entertaining the idea of downsizing. This is also perfect for an investor who'd like to put his/her unique touch and lease or resell. The options are plenty. Don't let this great opportunity pass you by. Wheel chair ramp at side entry. Buyer will pay for title and survey. Offers welcome.

  16. 2022-07-08
    status Pending
    Show marketing remark (837 chars)

    Buyer changed their mind, so this is your chance to submit your offers for this South Weslaco home. Lush green grass welcomes you into this quaint 2bedroom/1bath home with over 1300 sf. With a little TLC, the spacious living room and kitchen will welcome family and friends to watch the game or share a meal. If you prefer the outdoors, relax on the covered patio just outside the kitchen or enjoy summers with great BBQ on the grill. There is plenty of parking with 4 spaces under 2 carports. This is perfect as a starter home or if you're entertaining the idea of downsizing. This is also perfect for an investor who'd like to put his/her unique touch and lease or resell. The options are plenty. Don't let this great opportunity pass you by. Wheel chair ramp at side entry. Buyer will pay for title and survey. Offers welcome.

  17. 2022-07-01
    historical Option
    Show marketing remark (837 chars)

    Buyer changed their mind, so this is your chance to submit your offers for this South Weslaco home. Lush green grass welcomes you into this quaint 2bedroom/1bath home with over 1300 sf. With a little TLC, the spacious living room and kitchen will welcome family and friends to watch the game or share a meal. If you prefer the outdoors, relax on the covered patio just outside the kitchen or enjoy summers with great BBQ on the grill. There is plenty of parking with 4 spaces under 2 carports. This is perfect as a starter home or if you're entertaining the idea of downsizing. This is also perfect for an investor who'd like to put his/her unique touch and lease or resell. The options are plenty. Don't let this great opportunity pass you by. Wheel chair ramp at side entry. Buyer will pay for title and survey. Offers welcome.

  18. 2022-06-27
    status Active
    Show marketing remark (837 chars)

    Buyer changed their mind, so this is your chance to submit your offers for this South Weslaco home. Lush green grass welcomes you into this quaint 2bedroom/1bath home with over 1300 sf. With a little TLC, the spacious living room and kitchen will welcome family and friends to watch the game or share a meal. If you prefer the outdoors, relax on the covered patio just outside the kitchen or enjoy summers with great BBQ on the grill. There is plenty of parking with 4 spaces under 2 carports. This is perfect as a starter home or if you're entertaining the idea of downsizing. This is also perfect for an investor who'd like to put his/her unique touch and lease or resell. The options are plenty. Don't let this great opportunity pass you by. Wheel chair ramp at side entry. Buyer will pay for title and survey. Offers welcome.

  19. 2022-06-08
    status Pending
    Show marketing remark (837 chars)

    Buyer changed their mind, so this is your chance to submit your offers for this South Weslaco home. Lush green grass welcomes you into this quaint 2bedroom/1bath home with over 1300 sf. With a little TLC, the spacious living room and kitchen will welcome family and friends to watch the game or share a meal. If you prefer the outdoors, relax on the covered patio just outside the kitchen or enjoy summers with great BBQ on the grill. There is plenty of parking with 4 spaces under 2 carports. This is perfect as a starter home or if you're entertaining the idea of downsizing. This is also perfect for an investor who'd like to put his/her unique touch and lease or resell. The options are plenty. Don't let this great opportunity pass you by. Wheel chair ramp at side entry. Buyer will pay for title and survey. Offers welcome.

  20. 2022-05-31
    listed $99,900 Active
    Show marketing remark (837 chars)

    Buyer changed their mind, so this is your chance to submit your offers for this South Weslaco home. Lush green grass welcomes you into this quaint 2bedroom/1bath home with over 1300 sf. With a little TLC, the spacious living room and kitchen will welcome family and friends to watch the game or share a meal. If you prefer the outdoors, relax on the covered patio just outside the kitchen or enjoy summers with great BBQ on the grill. There is plenty of parking with 4 spaces under 2 carports. This is perfect as a starter home or if you're entertaining the idea of downsizing. This is also perfect for an investor who'd like to put his/her unique touch and lease or resell. The options are plenty. Don't let this great opportunity pass you by. Wheel chair ramp at side entry. Buyer will pay for title and survey. Offers welcome.

ⓘ 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
$2,858 · $238/mo
Projected year-2 tax
$2,858 · $238/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 (shaded) · 74% chance over 30 yrs
  • 🔥 Wildfire 3/10 Moderate
  • 🌡 Heat 9/10 Extreme 7 d/yr ≥111°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

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$15,938
− Mortgage interest
−$8,346
− Property taxes
−$2,858
− Insurance
−$745
− Repairs & maintenance
−$1,275
− Management
−$1,275
− Depreciation
−$4,335
Taxable loss
−$2,896
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$695
After-tax cash flow
$306/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

Price history

+49.1% since first listed
12 events — show timeline
  • 2026-06-12 Pending MCALLENMLS
  • 2026-06-03 Contingent MCALLENMLS
  • 2026-05-14 Listed $149,000 MCALLENMLS
  • 2026-01-22 Price Changed $154,000 MCALLENMLS
  • 2025-11-03 Listed $159,000 MCALLENMLS
  • 2022-07-22 Sold (Public Records) Public Records
  • 2022-07-21 Sold (MLS) MCALLENMLS
  • 2022-07-08 Pending MCALLENMLS
  • 2022-07-01 Contingent MCALLENMLS
  • 2022-06-27 Relisted MCALLENMLS
  • 2022-06-08 Pending MCALLENMLS
  • 2022-05-31 Listed $99,900 MCALLENMLS

Property tax history

+5.9%/yr

Latest (2025): $2,858 · +33.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…