1119 Calle Naranja · Alamo, TX 78516

$72,927

3 bd · 2.0 ba · 1,196 sqft · SingleFamily public records · 6 Days on market

Built 1993 6,939 sqft lot

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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
• Livability +3.1/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.0/10.0
• Appreciation +0.0/10.0

Listing remarks

This 2 bedroom, 2 bath home offers approximately 1,196 square feet of living area and presents an opportunity for renovation and customization. The property is being sold in its current condition and is ready for updates and improvements. A great option for buyers looking to add their personal touch and maximize the home's potential.

Key facts

• 6,939 sq ft lot
• Built 1993
• Listed 6 days

Property features AI

Finance

• Other: Lot size approximately 0.1593 acres (6,939 sq ft)
• HOA & community: No association

Exterior

• Parking: No garage
• Utilities: City sewer
• Home design: House faces north
• Construction: Siding construction; Shingle roof; Slab foundation; Built area 1,196 (source: HidalgoCAD)
• Exterior features: Chain link fencing; Paved road access; Storage structure on property

Interior

• Kitchen: Electric water heater; No conveying appliances
• Flooring: Tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Natural gas heating; Gas cooling; Has heating and cooling
• Interior features: Tile flooring; Laminate countertops; No window coverings; Living area (1)
• Laundry & utility: Laundry area

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $73k.

Deal economics

• At list price, monthly cash flow is $503 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $73k).
• Cap rate 14.6% vs local median 3.8% in Alamo — 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 62/100 on livability (#916 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: commute D+, crime F, amenities F.
• Pharr-San Juan-Alamo ISD (suburban): math 18% / reading 30% proficiency, ranked #740 of 826 in TX (top 90%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 72% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: John Mckeever El (math 18% / reading 24%, grade F, #3,492 of 4,322 statewide, top 81%, 723 students, 88% FRL); Psja Memorial Early College H S (math 20% / reading 31%, grade F, #1,246 of 1,632 statewide, top 77%, 1,860 students, 94% FRL) — zoned schools average 91% FRL vs 72% district-wide (19 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 349 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 7,378 units permitted in Hidalgo County in 2024 (641 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $504 of loan paydown is wiped out by about $2k 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.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $20k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• Only 6 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; severe wildfire risk; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $72,927

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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?
3. 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?
4. 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.
5. 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.
6. 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: 1.80% ✓
• Cap rate: 14.58%
• Cash-on-cash: 29.58%
• DSCR: 2.32
• GRM: 4.6

CMA / ARV

• ARV (on-the-fly): $205,712
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1339 Middle St	0.53mi	3/2.0	1,228 (+3%)	6mo	$199,500	$162	65
1211 Colorado St	0.33mi	4/2.0 (+1)	1,250 (+4%)	14mo	$140,000	$112	60
1326 Carlos Dr	0.53mi	3/2.0	1,206 (+1%)	23mo	$189,500	$157	55
1302 S 9th St	0.50mi	3/2.0	1,314 (+10%)	13mo	$239,000	$182	49
1311 Carlos Dr	0.46mi	2/2.0 (-1)	1,050 (-12%)	6mo	$159,000	$151	49
1332 S 9th St	0.59mi	3/2.0	1,360 (+14%)	5mo	$237,390	$175	46
1311 S 9th St	0.50mi	3/2.0	1,335 (+12%)	14mo	$235,000	$176	45
1046 Nina Ave	0.44mi	3/2.0	1,358 (+14%)	15mo	$235,000	$173	45
1334 S 9th St	0.60mi	3/2.0	1,341 (+12%)	9mo	$239,000	$178	44
607 Tower Oak Dr	0.74mi	3/2.0	1,338 (+12%)	4mo	$224,700	$168	43
1002 Loma Linda St	0.59mi	3/1.0	1,074 (-10%)	11mo	$129,000	$120	42
608 Tower Oak Dr	0.72mi	3/2.0	1,325 (+11%)	16mo	$228,000	$172	35

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: 24.1%
• Equity multiple: 1.99×
• Total profit: $20,280
• Equity at exit: $10,874

10-year hold

• IRR: 32.0%
• Equity multiple: 3.89×
• Total profit: $59,098
• Equity at exit: $6,305

Cash invested: $20,420 (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 78516

• Home prices YoY: -6.5%
• Active inventory: 349
• Price-to-rent: 4.6×

Monthly cashflow live

• Estimated rent: $1,314 high
• Mortgage (P&I): −$382
• Tax from tax record: −$122 /mo · $1,467/yr
• Insurance: −$30
• HOA: −$0
• Vacancy / Maint / Mgmt: −$276
• Net cashflow: $503

Break-even live

Break-even rent $677

Max offer price $72,927

Occupancy floor 57%

Sensitivity live

Price	-10% $545	-5% $524	+0% $503	+5% $483	+10% $462
Rent	-10% $400	-5% $451	+0% $503	+5% $555	+10% $607
Rate	-1.0pp $540	-0.5pp $522	base $503	+0.5pp $484	+1.0pp $465

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: $18,232
• Closing costs: $2,188
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1003 Alta Vista Dr Alamo, TX	4.0	2.0	1144	$1,200	$1.05	24d	1	0.67mi
837 S 13th St Alamo, TX	2.0	1.5	1104	$1,095	$0.99	15d	1	0.79mi
1806 Angelina Dr Unit 2 San Juan, TX	3.0	2.0	1142	$1,250	$1.09	24d	1	0.94mi
504 San Antonio Cir Alamo, TX	3.0	2.0	1216	$1,600	$1.32	15d	1	0.98mi
1702 Angelina Dr Unit 4 San Juan, TX	3.0	2.0	1037	$1,300	$1.25	20d	1	1.01mi
913 S 13th St Unit 1 Alamo, TX	2.0	2.0	1008	$1,050	$1.04	45d	1	1.27mi
913 E 13th St #1 San Juan, TX	2.0	2.0	1008	$1,050	$1.04	45d	1	1.36mi

Listing history 6 events

1. 2026-06-18
   days on market $72,927 Active 6 DOM
2. 2026-06-17
   days on market $72,927 Active 5 DOM
3. 2026-06-16
   days on market $72,927 Active 4 DOM
4. 2026-06-15
   days on market $72,927 Active 3 DOM
5. 2026-06-13
   remarks 335-char remark
6. 2026-06-13
   listed $72,927 Active 1 DOM

ⓘ 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: $1,467 · $122/mo
• Projected year-2 tax: $1,467 · $122/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 (shaded) · 0% chance over 30 yrs
• 🔥 Wildfire 10/10 Extreme
• 🌡 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

Taxation est. · year 1

• Rental income: $15,774
• − Mortgage interest: −$4,085
• − Property taxes: −$1,467
• − Insurance: −$365
• − Repairs & maintenance: −$1,262
• − Management: −$1,262
• − Depreciation: −$2,122
• Taxable income: $5,212
• Est. tax owed @ 24.0%: −$1,251
• After-tax cash flow: $4,789/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: Pharr-San Juan-Alamo ISD
• NCES district ID: 4834860
• Math proficiency: 18% ▼ -34.00%
• Reading proficiency: 30% ▼ -11.00%
• Median HH income: $33,757
• Composite: 19.63/100
• National rank: #8744
• State rank: #740 of 826 in TX

Livability — Alamo

• Score: 62/100
• State rank: #916
• US rank: #16356

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Alamo, TX
• County: Hidalgo County · 623,128 people
• City population: 34,370
• Metro: McAllen-Edinburg-Mission, TX
• Population (ZIP): 34,370
• Household income: $53,229
• Rent vs Own: 24.5% rent · 75.5% own
• Severe rent burden: 476.0

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 (89%)
• Race & ethnicity: Hispanic / Latino 89% Two or more races 40% White 10% Black 1%
• Hispanic origin (detail): Mexican 86%
• Foreign-born: 29% · Canada
• Languages at home: 24% English-only · Spanish 76%

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: ▼ -15.56%
• Current HPI: 225.4438
• 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

2 events — show timeline

• 2026-06-12 Listed $72,927 MCALLENMLS
• 2005-05-16 Sold (Public Records) — Public Records

Property tax history

+5.0%/yr

Latest (2025): $1,467 · +23.7% YoY. Source: county tax records.