211 Arteaga St · Del Rio, TX 78840

$135,000

4 bd · 1.0 ba · 1,914 sqft · SingleFamily public records · 114 Days on market

Built 1980 3,485 sqft lot $71/sqft · 16% below area Est $160k · 16% under ↓ 13% 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 +14.6/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Livability +3.5/5.0
• Rent growth +2.9/5.0
• Condition / age +2.5/5.0
• Schools +2.4/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

- This property is eligible under the First Look Initiative. All Owner Occupant offers will be responded to after 7 days on the market and Investor offers will be responded to after 30 days. However, all offers can be submitted during the First Look period. - All offers must be entered through propoffers.com. - An offer management fee of $200 (plus sales tax, where applicable) is charged by Pyramid Platform in connection with the use of Propoffers.com. This fee will be paid at closing from the agent representing the buyer as selling agent or transaction broker. - Subject to seller addendum - For financed offers EMD to be 1% or $1000 whichever is greater and for cash/hardmoney offers EMD to be 5% or $5000 whichever is greater. EMD to be held by seller's title or attorney. - All offers are subject to OFAC clearance.

Key facts

• 3,485 sq ft lot
• Built 1980
• Listed 113 days

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $135k.

Deal economics

• At list price, monthly cash flow is $596 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $135k).
• Recommended offer: $123k (9.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 70/100 on livability (#349 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A-; Watch: health & safety C-, employment D+, amenities F.
• San Felipe-Del Rio CISD (town): math 25% / reading 32% proficiency, ranked #667 of 826 in TX (top 81%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 70% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Lamar El (math 23% / reading 24%, grade F, #3,247 of 4,322 statewide, top 76%, 436 students, 90% FRL); Del Rio Middle (math 26% / reading 43%, grade F, #858 of 1,662 statewide, top 54%, 1,478 students, 74% FRL); Del Rio H S (math 27% / reading 30%, grade F, #1,157 of 1,632 statewide, top 72%, 2,470 students, 65% FRL).
• Market conditions: Rents rising (+1.6%/yr); 549 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 85 units permitted in Val Verde County in 2024 (0 in 5+ unit buildings).
• This rent runs 37% of the median local income ($66k/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 $933 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Val Verde County population projected to shrink 9% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-3.0% appreciation + 1.6% rent growth), your $38k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 114 days — a 9% lower offer ($123k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: major 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 $122,850 (9.0% below list)

Questions for the listing agent

1. It's been on market 114 days. Have you received any prior offers? Is the seller open to a 9% 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 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?
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: 1.50% ✓
• Cap rate: 11.59%
• Cash-on-cash: 18.91%
• DSCR: 1.84
• GRM: 5.6

CMA / ARV

• ARV (median comp): $160,378
• List price: $135,000
• Delta: -15.82%
• Verdict: UNDERPRICED
• Comps: 4 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 1.55% rent growth · sell at horizon

5-year hold

• IRR: 9.1%
• Equity multiple: 1.35×
• Total profit: $13,227
• Equity at exit: $20,129

10-year hold

• IRR: 17.0%
• Equity multiple: 2.30×
• Total profit: $49,077
• Equity at exit: $11,672

Cash invested: $37,800 (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 78840

• Home prices YoY: -33.6%
• Rents YoY: 1.6%
• Active inventory: 549
• Price-to-rent: 5.6×

Monthly cashflow live

• Estimated rent: $2,021 medium
• Mortgage (P&I): −$708
• Tax from tax record: −$237 /mo · $2,841/yr
• Insurance: −$56
• HOA: −$0
• Vacancy / Maint / Mgmt: −$424
• Net cashflow: $596

Break-even live

Break-even rent $1,267

Max offer price $135,000

Occupancy floor 66%

Sensitivity live

Price	-10% $672	-5% $634	+0% $596	+5% $557	+10% $519
Rent	-10% $436	-5% $516	+0% $596	+5% $675	+10% $755
Rate	-1.0pp $664	-0.5pp $630	base $596	+0.5pp $561	+1.0pp $525

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: $33,750
• Closing costs: $4,050
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
410 Pulliam St Del Rio, TX	3.0	2.0	1700	$1,800	$1.06	45d	1	0.56mi
424 W Nicholson St Del Rio, TX	3.0	2.0	1918	$1,800	$0.94	45d	1	0.97mi

Listing history 19 events

1. 2026-06-19
   days on market $135,000 Active 114 DOM
2. 2026-06-18
   days on market $135,000 Active 113 DOM
3. 2026-06-17
   days on market $135,000 Active 112 DOM
4. 2026-06-16
   days on market $135,000 Active 111 DOM
5. 2026-06-15
   days on market $135,000 Active 110 DOM
6. 2026-06-14
   days on market $135,000 Active 108 DOM
7. 2026-06-12
   days on market $135,000 Active 107 DOM
8. 2026-06-09
   days on market $135,000 Active 104 DOM
9. 2026-06-08
   days on market $135,000 Active 103 DOM
10. 2026-06-07
    days on market $135,000 Active 102 DOM
11. 2026-06-05
    days on market $135,000 Active 99 DOM
12. 2026-06-03
    days on market $135,000 Active 98 DOM
13. 2026-06-02
    days on market $135,000 Active 97 DOM
14. 2026-06-01
    days on market $135,000 Active 96 DOM
15. 2026-05-31
    days on market $135,000 Active 95 DOM
16. 2026-05-30
    days on market $135,000 Active 94 DOM
17. 2026-05-11
    price $135,000 825-char remark

    Show marketing remark (825 chars)

    - This property is eligible under the First Look Initiative. All Owner Occupant offers will be responded to after 7 days on the market and Investor offers will be responded to after 30 days. However, all offers can be submitted during the First Look period. - All offers must be entered through propoffers.com. - An offer management fee of $200 (plus sales tax, where applicable) is charged by Pyramid Platform in connection with the use of Propoffers.com. This fee will be paid at closing from the agent representing the buyer as selling agent or transaction broker. - Subject to seller addendum - For financed offers EMD to be 1% or $1000 whichever is greater and for cash/hardmoney offers EMD to be 5% or $5000 whichever is greater. EMD to be held by seller's title or attorney. - All offers are subject to OFAC clearance.

18. 2026-04-06
    price $145,000 825-char remark

    Show marketing remark (825 chars)

    - This property is eligible under the First Look Initiative. All Owner Occupant offers will be responded to after 7 days on the market and Investor offers will be responded to after 30 days. However, all offers can be submitted during the First Look period. - All offers must be entered through propoffers.com. - An offer management fee of $200 (plus sales tax, where applicable) is charged by Pyramid Platform in connection with the use of Propoffers.com. This fee will be paid at closing from the agent representing the buyer as selling agent or transaction broker. - Subject to seller addendum - For financed offers EMD to be 1% or $1000 whichever is greater and for cash/hardmoney offers EMD to be 5% or $5000 whichever is greater. EMD to be held by seller's title or attorney. - All offers are subject to OFAC clearance.

19. 2026-02-24
    listed $155,000 Active 825-char remark

    Show marketing remark (825 chars)

    - This property is eligible under the First Look Initiative. All Owner Occupant offers will be responded to after 7 days on the market and Investor offers will be responded to after 30 days. However, all offers can be submitted during the First Look period. - All offers must be entered through propoffers.com. - An offer management fee of $200 (plus sales tax, where applicable) is charged by Pyramid Platform in connection with the use of Propoffers.com. This fee will be paid at closing from the agent representing the buyer as selling agent or transaction broker. - Subject to seller addendum - For financed offers EMD to be 1% or $1000 whichever is greater and for cash/hardmoney offers EMD to be 5% or $5000 whichever is greater. EMD to be held by seller's title or attorney. - All offers are subject to OFAC clearance.

ⓘ 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: $2,841 · $237/mo
• Projected year-2 tax: $2,841 · $237/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 (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 6/10 Major
• 🌡 Heat 8/10 Severe 7 d/yr ≥108°F today · 23 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 12% 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: $24,252
• − Mortgage interest: −$7,562
• − Property taxes: −$2,841
• − Insurance: −$675
• − Repairs & maintenance: −$1,940
• − Management: −$1,940
• − Depreciation: −$3,927
• Taxable income: $5,366
• Est. tax owed @ 24.0%: −$1,288
• After-tax cash flow: $5,860/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: San Felipe-Del Rio CISD
• NCES district ID: 4838900
• Math proficiency: 25% ▼ -18.00%
• Reading proficiency: 32% ▼ -5.00%
• Median HH income: $40,582
• Composite: 24.04/100
• National rank: #7766
• State rank: #667 of 826 in TX

Livability — Del Rio

• Score: 70/100
• State rank: #349
• US rank: #7531

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Del Rio, TX
• County: Val Verde County · 47,256 people
• City population: 47,256
• Metro: Del Rio, TX
• Population (ZIP): 47,256
• Household income: $66,084
• Rent vs Own: 31.1% rent · 68.9% own
• Severe rent burden: 1111.0

Population outlook (Val Verde County) Hauer SSP2

• Today (2025): 48,073 people
• By 2030: 47,468 · -1.3%
• By 2040: 45,930 · -4.5%
• By 2050: 43,904 · -8.7%
• By 2075: 38,126 · -20.7%
• By 2100: 26,217 · -45.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Hispanic (82%)
• Race & ethnicity: Hispanic / Latino 82% Two or more races 24% White 15% Black 1%
• Hispanic origin (detail): Mexican 75%
• Common ancestry: Italian 1% Lithuanian 1% Slovak 1%
• Foreign-born: 19% · Canada
• Languages at home: 36% English-only · Spanish 63%

Political lean MEDSL · Val Verde

• 2024 margin: Strong R (+26.6) · D 36.2% · R 62.9%
• 2008→2024 swing: -36.2pp toward R · 2008: 9.6pp · 2024: -26.6pp
• All cycles: 2024: R+26.6 2020: R+9.9 2016: D+7.9 2012: D+5.4 2008: D+9.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -81.95%
• Current HPI: 161.762
• Rent YoY: ▲ 1.55%
• Metro: Del Rio, 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

-12.9% since first listed

3 events — show timeline

• 2026-05-11 Price Changed $135,000 DRBORMLS
• 2026-04-06 Price Changed $145,000 DRBORMLS
• 2026-02-24 Listed $155,000 DRBORMLS

Property tax history

+7.2%/yr

Latest (2025): $2,841 · +0.6% YoY. Source: county tax records.