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6300 Earth Dr
C+ Composite 60.85
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).

  • Cash flow +26.8/30.0
  • DSCR +9.2/10.0
  • 1% rule +7.7/10.0
  • ARV discount +7.5/15.0
  • Livability +2.6/5.0
  • Condition / age +2.5/5.0
  • Rent growth +2.2/5.0
  • Schools +2.2/10.0
  • Appreciation +0.0/10.0

$105,000

6300 Earth Dr · Doolittle, TX 78542
3 bd · 2.0 ba · 1,216 sqft · Manufactured public records · 288 Days on market
Built 1998 0.31 ac lot $86/sqft · 71% above area

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Property Sold As Is. Good size lot with mature trees. Great investment property

Key facts

  • Investment property
  • Good size lot
  • Mature trees

Tags

GOOD SIZE LOTMATURE TREESINVESTMENT PROPERTY

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 manufactured listed at $105k.

Deal economics

  • At list price, monthly cash flow is $289 ($3k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $105k).
  • Recommended offer: $92k (12.0% below list) — sets the bar for market timing.
  • Cap rate 9.6% vs local median 4.4% in Doolittle — 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 52/100 on livability (#1,460 in TX) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: schools F, crime F, amenities F.
  • Edinburg CISD (urban): math 20% / reading 34% proficiency, ranked #699 of 826 in TX (top 85%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 62% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: Rents soft (-1.1%/yr); 1003 active listings in the ZIP; 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 $726 of loan paydown is wiped out by about $3k 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 288 days — a 12% lower offer ($92k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

  • Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; severe wildfire risk; extreme-heat days projected 6→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $92,400 (12.0% below list)

Questions for the listing agent

  1. It's been on market 288 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  5. 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?
  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
1.27%
Cap rate
9.59%
Cash-on-cash
11.78%
DSCR
1.52
GRM
6.6

CMA / ARV

ARV (median comp)
$61,533
List price
$105,000
Delta
70.64%
Verdict
OVERPRICED
Comps
1 within 2.0 mi

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold
IRR
-2.3%
Equity multiple
0.92×
Total profit
$-2,487
Equity at exit
$15,656
10-year hold
IRR
3.6%
Equity multiple
1.22×
Total profit
$6,598
Equity at exit
$9,078

Cash invested: $29,400 (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 78542

Home prices YoY
-13.4%
Rents YoY
-1.1%
Active inventory
1003
Price-to-rent
6.6×

Monthly cashflow live

Estimated rent
$1,333 medium interval (Pro) →
Mortgage (P&I)
$551
Tax from tax record
$170 /mo · $2,036/yr
Insurance
$44
HOA
$0
Vacancy / Maint / Mgmt
$280
Net cashflow
$289

Break-even live

Break-even rent $967
Max offer price $105,000
Occupancy floor 73%

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
$26,250
Closing costs
$3,150
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.

Listing history 16 events

  1. 2026-06-18
    days on market $105,000 Active 288 DOM
  2. 2026-06-17
    days on market $105,000 Active 287 DOM
  3. 2026-06-16
    days on market $105,000 Active 286 DOM
  4. 2026-06-15
    days on market $105,000 Active 285 DOM
  5. 2026-06-14
    days on market $105,000 Active 283 DOM
  6. 2026-06-13
    days on market $105,000 Active 282 DOM
  7. 2026-06-10
    days on market $105,000 Active 280 DOM
  8. 2026-06-08
    days on market $105,000 Active 278 DOM
  9. 2026-06-07
    days on market $105,000 Active 277 DOM
  10. 2026-06-03
    days on market $105,000 Active 273 DOM
  11. 2026-06-02
    days on market $105,000 Active 272 DOM
  12. 2026-06-01
    days on market $105,000 Active 271 DOM
  13. 2026-05-31
    days on market $105,000 Active 270 DOM
  14. 2026-05-31
    days on market $105,000 Active 269 DOM
  15. 2025-09-03
    listed $105,000 Active 79-char remark
    Show marketing remark (79 chars)

    Property Sold As Is. Good size lot with mature trees. Great investment property

  16. 2025-01-07
    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
$2,036 · $170/mo
Projected year-2 tax
$2,036 · $170/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 8/10 Severe
  • 🌡 Heat 9/10 Extreme 6 d/yr ≥112°F today · 18 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

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$15,991
− Mortgage interest
−$5,882
− Property taxes
−$2,036
− Insurance
−$525
− Repairs & maintenance
−$1,279
− Management
−$1,279
− Depreciation
−$3,055
Taxable income
$1,936
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$465
After-tax cash flow
$3,000/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
Edinburg CISD
NCES district ID
4818180
Math proficiency
20% ▼ -34.00%
Reading proficiency
34% ▼ -11.00%
Median HH income
$36,985
Composite
22.42/100
National rank
#8114
State rank
#699 of 826 in TX

Livability — Doolittle

Score
52/100
State rank
#1460
US rank
#24819

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Doolittle, TX
County
Hidalgo County · 623,128 people
Metro
McAllen-Edinburg-Mission, TX
Population (ZIP)
89,401
Household income
$55,243
Rent vs Own
24.3% rent · 75.7% own
Severe rent burden
1240.0

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 (95%)
Race & ethnicity
Hispanic / Latino 95% Two or more races 59% White 4%
Hispanic origin (detail)
Mexican 91%
Foreign-born
25% · Canada
Languages at home
15% English-only · Spanish 84%

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
▼ -34.17%
Current HPI
220.921
Rent YoY
▼ -1.07%
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

Price history

2 events — show timeline
  • 2025-09-03 Listed $105,000 MCALLENMLS
  • 2025-01-07 Sold (Public Records) Public Records

Property tax history

+8.5%/yr

Latest (2025): $2,036 · +24.1% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…