502 Avenue A · Kingsville, TX 78363

$79,900

3 bd · 2.0 ba · 1,520 sqft · SingleFamily public records · 134 Days on market

Built 1960 0.28 ac lot $53/sqft · 35% below area Est $122k · 35% under ↓ 6% since listing

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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
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Rent growth +4.3/5.0
• Livability +3.5/5.0
• Condition / age +2.5/5.0
• Schools +1.5/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

All offers considered-make one! Much potential for this home that is partially remodeled but needs to be finished/completed. Huge back yard with privacy fence and circular drive in front. Easy access to highway and Texas A & M. May need all cash to purchase or FHA 203K or Conventional home remodeling. Owner has never lived in property and no inspections have been done. Questions? Call or email agent.

Key facts

• Back yard
• Circular drive
• Privacy fence

Tags

• BACK YARD
• PRIVACY FENCE
• CIRCULAR DRIVE
• EASY ACCESS TO HIGHWAY

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $80k.

Deal economics

• At list price, monthly cash flow is $516 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $80k).
• Recommended offer: $70k (12.0% below list) — sets the bar for market timing.
• Cap rate 14.0% vs local median 5.4% in Kingsville — 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 70/100 on livability (#364 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: schools D+, employment D, amenities F.
• Kingsville ISD (town): math 13% / reading 22% proficiency, ranked #800 of 826 in TX (top 97%) — 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: Rents rising fast (+7.2%/yr); 216 active listings in the ZIP; 8 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 62% of comp listings sitting > 30 days — soft ceiling on asking rent; 24 units permitted in Kleberg County in 2024 (0 in 5+ unit buildings).
• This rent runs 32% of the median local income ($61k/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 $552 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Kleberg County population projected at +9% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 7.2% rent growth), your $22k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 134 days — a 12% lower offer ($70k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 4y ago; this cycle's ask has dropped $20k (20%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: property tax is 4.5% of price.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $70,312 (12.0% below list)

Questions for the listing agent

1. It's been on market 134 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1960 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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.
8. 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.
9. 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: 2.01% ✓
• Cap rate: 14.04%
• Cash-on-cash: 27.66%
• DSCR: 2.23
• GRM: 4.2

CMA / ARV

• ARV (median comp): $122,281
• List price: $79,900
• Delta: -34.66%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 10 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
625 W Richard Ave	0.37mi	3/1.0	1,577 (+4%)	10mo	$165,000	$105	64
421 W Alice Ave	0.38mi	3/2.0	1,528 (+0%)	23mo	$150,000	$98	63
418 W Lee Ave	0.41mi	3/3.0	1,614 (+6%)	5mo	$265,000	$164	63
207 W Avenue A	0.14mi	3/2.0	1,305 (-14%)	10mo	$209,900	$161	61
714 E Avenue C Ave	0.34mi	3/2.0	1,328 (-13%)	2mo	$75,000	$56	61
415 W King Ave	0.73mi	4/2.0 (+1)	1,496 (-2%)	10mo	$179,000	$120	50
315 E Alice Ave	0.54mi	3/1.0	1,462 (-4%)	20mo	$124,800	$85	48
409 W King Ave	0.73mi	3/1.5	1,565 (+3%)	14mo	$149,900	$96	47
726 W Richard Ave	0.43mi	3/2.0	1,692 (+11%)	21mo	$159,950	$95	44
425 W King Ave W	0.73mi	3/1.0	1,456 (-4%)	16mo	$59,000	$41	42

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 · 7.18% rent growth · sell at horizon

5-year hold

• IRR: 27.3%
• Equity multiple: 2.21×
• Total profit: $27,070
• Equity at exit: $11,913

10-year hold

• IRR: 37.7%
• Equity multiple: 5.38×
• Total profit: $97,895
• Equity at exit: $6,908

Cash invested: $22,372 (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 78363

• Rents YoY: 7.2%
• Active inventory: 216
• Price-to-rent: 4.2×

Monthly cashflow live

• Estimated rent: $1,604 high
• Mortgage (P&I): −$419
• Tax from tax record: −$299 /mo · $3,586/yr
• Insurance: −$33
• HOA: −$0
• Vacancy / Maint / Mgmt: −$337
• Net cashflow: $516

Break-even live

Break-even rent $951

Max offer price $79,900

Occupancy floor 63%

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: $19,975
• Closing costs: $2,397
• Reserves months: —
• Total cash needed: —

Rent comps 8 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
503 W Mesquite Ave Kingsville, TX	3.0	2.0	1400	$1,500	$1.07	13d	1	0.26mi
629 W Nettie Ave Kingsville, TX	3.0	2.0	1762	$1,495	$0.85	43d	1	0.28mi
307 W Alice Ave Kingsville, TX	3.0	2.0	1600	$1,500	$0.94	43d	1	0.39mi
614 W Alice Ave Kingsville, TX	3.0	2.0	1713	$1,599	$0.93	43d	1	0.42mi
710 E C Ave Kingsville, TX	3.0	2.0	1248	$1,250	$1.00	13d	1	0.77mi
1204 W Lee Ave Kingsville, TX	4.0	2.5	1970	$1,825	$0.93	43d	1	0.83mi
1107 E Kenedy Ave Kingsville, TX	3.0	2.5	1526	$2,300	$1.51	21d	1	1.35mi
908 E Doddridge Ave Kingsville, TX	3.0	1.0	1100	$850	$0.77	43d	1	1.44mi

Listing history 23 events

1. 2026-06-19
   days on market $79,900 Active 134 DOM
2. 2026-06-18
   days on market $79,900 Active 133 DOM
3. 2026-06-17
   days on market $79,900 Active 132 DOM
4. 2026-06-16
   days on market $79,900 Active 131 DOM
5. 2026-06-15
   days on market $79,900 Active 130 DOM
6. 2026-06-14
   days on market $79,900 Active 128 DOM
7. 2026-06-12
   days on market $79,900 Active 127 DOM
8. 2026-06-09
   days on market $79,900 Active 124 DOM
9. 2026-06-08
   days on market $79,900 Active 123 DOM
10. 2026-06-07
    days on market $79,900 Active 122 DOM
11. 2026-06-05
    days on market $79,900 Active 119 DOM
12. 2026-06-03
    days on market $79,900 Active 118 DOM
13. 2026-06-02
    days on market $79,900 Active 117 DOM
14. 2026-06-01
    days on market $79,900 Active 116 DOM
15. 2026-05-31
    days on market $79,900 Active 115 DOM
16. 2026-05-30
    days on market $79,900 Active 114 DOM
17. 2026-04-21
    price $84,900 407-char remark

    Show marketing remark (407 chars)

    All offers considered-make one! Much potential for this home that is partially remodeled but needs to be finished/completed. Huge back yard with privacy fence and circular drive in front. Easy access to highway and Texas A & M. May need all cash to purchase or FHA 203K or Conventional home remodeling. Owner has never lived in property and no inspections have been done. Questions? Call or email agent.

18. 2026-03-18
    price $94,900 407-char remark

    Show marketing remark (407 chars)

    All offers considered-make one! Much potential for this home that is partially remodeled but needs to be finished/completed. Huge back yard with privacy fence and circular drive in front. Easy access to highway and Texas A & M. May need all cash to purchase or FHA 203K or Conventional home remodeling. Owner has never lived in property and no inspections have been done. Questions? Call or email agent.

19. 2026-02-05
    listed $99,900 Active 407-char remark

    Show marketing remark (407 chars)

    All offers considered-make one! Much potential for this home that is partially remodeled but needs to be finished/completed. Huge back yard with privacy fence and circular drive in front. Easy access to highway and Texas A & M. May need all cash to purchase or FHA 203K or Conventional home remodeling. Owner has never lived in property and no inspections have been done. Questions? Call or email agent.

20. 2025-10-14
    soldstatus
21. 2022-09-23
    soldstatus Closed 779-char remark

    Show marketing remark (779 chars)

    Great investment opportunity one and a half block walk to Texas A & M University-Kingsville on a large residential lot! Restore this property 3 bedroom 2 bath 1520 sq ft home located on . 28 of an acre that boasts tons of space for your next project! With alley access, a gated backyard and front privacy as well, front ramp for an entrance! FOUR minutes to historical downtown Kingsville, grocery shopping, eateries, banking, etc. Kingsville is home to nearly 30, 000 people, Kingsville Naval Air Station, and remains a vital part of the Texas ranching industry, hunting, and fishing, with a student population of approximately 7000. Worth the restoration for future family home or investment. Location! Location! Lot size! Investors, this is your chance! House sold as is.

22. 2022-08-20
    price $81,500 779-char remark

    Show marketing remark (779 chars)

    Great investment opportunity one and a half block walk to Texas A & M University-Kingsville on a large residential lot! Restore this property 3 bedroom 2 bath 1520 sq ft home located on . 28 of an acre that boasts tons of space for your next project! With alley access, a gated backyard and front privacy as well, front ramp for an entrance! FOUR minutes to historical downtown Kingsville, grocery shopping, eateries, banking, etc. Kingsville is home to nearly 30, 000 people, Kingsville Naval Air Station, and remains a vital part of the Texas ranching industry, hunting, and fishing, with a student population of approximately 7000. Worth the restoration for future family home or investment. Location! Location! Lot size! Investors, this is your chance! House sold as is.

23. 2022-06-08
    listed $90,000 Active 779-char remark

    Show marketing remark (779 chars)

    Great investment opportunity one and a half block walk to Texas A & M University-Kingsville on a large residential lot! Restore this property 3 bedroom 2 bath 1520 sq ft home located on . 28 of an acre that boasts tons of space for your next project! With alley access, a gated backyard and front privacy as well, front ramp for an entrance! FOUR minutes to historical downtown Kingsville, grocery shopping, eateries, banking, etc. Kingsville is home to nearly 30, 000 people, Kingsville Naval Air Station, and remains a vital part of the Texas ranching industry, hunting, and fishing, with a student population of approximately 7000. Worth the restoration for future family home or investment. Location! Location! Lot size! Investors, this is your chance! House sold as is.

ⓘ 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: $3,586 · $299/mo
• Projected year-2 tax: $3,586 · $299/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 5/10 Major
• 🌡 Heat 9/10 Extreme 7 d/yr ≥111°F today · 21 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: $19,243
• − Mortgage interest: −$4,476
• − Property taxes: −$3,586
• − Insurance: −$400
• − Repairs & maintenance: −$1,539
• − Management: −$1,539
• − Depreciation: −$2,324
• Taxable income: $5,378
• Est. tax owed @ 24.0%: −$1,291
• After-tax cash flow: $4,897/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: Kingsville ISD
• NCES district ID: 4825680
• Math proficiency: 13% ▼ -22.00%
• Reading proficiency: 22% ▼ -7.00%
• Median HH income: $36,308
• Composite: 14.5/100
• National rank: #9425
• State rank: #800 of 826 in TX

Livability — Kingsville

• Score: 70/100
• State rank: #364
• US rank: #7787

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Kingsville, TX
• County: Kleberg County · 28,920 people
• City population: 28,920
• Metro: Kingsville, TX
• Population (ZIP): 28,920
• Household income: $60,574
• Rent vs Own: 49.3% rent · 50.7% own
• Severe rent burden: 1663.0

Population outlook (Kleberg County) Hauer SSP2

• Today (2025): 31,615 people
• By 2030: 32,054 · +1.4%
• By 2040: 33,008 · +4.4%
• By 2050: 34,536 · +9.2%
• By 2075: 40,931 · +29.5%
• By 2100: 46,001 · +45.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Hispanic (72%)
• Race & ethnicity: Hispanic / Latino 72% Two or more races 36% White 20% Black 3% Asian 1% Native American 1%
• Hispanic origin (detail): Mexican 67%
• Common ancestry: Italian 2% Slovak 1% Portuguese 1%
• Foreign-born: 7% · Canada, China
• Languages at home: 65% English-only · Spanish 32% Other Indo-European 1%

Political lean MEDSL · Kleberg

• 2024 margin: R (+12.7) · D 43.3% · R 56.1%
• 2008→2024 swing: -20.0pp toward R · 2008: 7.2pp · 2024: -12.7pp
• All cycles: 2024: R+12.7 2020: R+1.7 2016: D+3.7 2012: D+7.8 2008: D+7.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -87.12%
• Current HPI: 147.6473
• Rent YoY: ▲ 7.18%
• Metro: Kingsville, 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

-5.7% since first listed

7 events — show timeline

• 2026-04-21 Price Changed $84,900 CBMLS
• 2026-03-18 Price Changed $94,900 CBMLS
• 2026-02-05 Listed $99,900 CBMLS
• 2025-10-14 Sold (Public Records) — Public Records
• 2022-09-23 Sold (MLS) — RGVMLS
• 2022-08-20 Price Changed $81,500 RGVMLS
• 2022-06-08 Listed $90,000 RGVMLS

Property tax history

+6.8%/yr

Latest (2025): $3,586 · +19.7% YoY. Source: county tax records.