30721 Balandre St · Laureles, TX
Flood risk 3/10 · Minor
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.2%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 3/10 · Minor
- Est. fire insurance / yr
- $1,222 – $2,270
Heat risk 10/10 · Severe
- Hot days now (above 110°F)
- 7 days/yr
- Hot days in 30 yrs
- 27 days/yr
Wind risk 9/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 0 days/yr
- Unhealthy air days in 30 yrs
- 1 days/yr
Risk factors via First Street. Map © Google.
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
- DSCR +10.0/10.0
- 1% rule +8.0/10.0
- Appreciation +7.9/10.0
- ARV discount +7.5/15.0
- Schools +3.3/10.0
- Livability +2.7/5.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
$125,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Discover the perfect opportunity to enjoy comfortable country living today while planning for the future at 30721 Balandre St in Los Fresnos. This property features a well-maintained 3-bedroom, 2-bath manufactured home with a recently installed roof, offering a comfortable and functional living space ready for immediate occupancy. Situated on a spacious lot, the property provides plenty of room to spread out and enjoy the peaceful surroundings. One of the greatest advantages of this property is the flexibility it offers. Live comfortably in the existing home while designing and building your dream home on the property. Whether you're looking to create a custom residence, add outdoor ameniti
Key facts
- Spacious lot
- Conveniently located
- Extra space
Tags
Property features AI
Exterior
- Utilities: Public water; Public sewer
- Home design: Single-story manufactured home; Residential property in Laureles Country Estates
- Construction: Vinyl siding; Built as a manufactured/mobile home
- Exterior features: Composition roof
Interior
- Bathrooms: 2 full bathrooms
- Heating & cooling: Central heating (electric); Central air; Attic fan; Ceiling fans
- Interior features: Electric water heater; Attic fan; Ceiling fans; Central air
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath single-family listed at $125k.
Deal economics
- At list price, monthly cash flow is $471 ($6k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $125k).
Location & tenants
- Location reads 54/100 on livability (#1,404 in TX) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A-; Watch: crime D, amenities F, commute F.
- Los Fresnos CISD (suburban): math 34% / reading 44% proficiency, ranked #444 of 826 in TX (top 54%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Zoned schools: Los Fresnos El (math 37% / reading 47%, grade F, #1,335 of 4,322 statewide, top 33%, 561 students, 76% FRL); Liberty Memorial Middle (math 29% / reading 37%, grade F, #930 of 1,662 statewide, top 57%, 717 students, 88% FRL); Los Fresnos H S (math 41% / reading 55%, grade D, #571 of 1,632 statewide, top 36%, 3,272 students, 82% FRL) — zoned schools average 82% FRL vs 43% district-wide (39 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Market conditions: 233 active listings in the ZIP; 2,326 units permitted in Cameron County in 2024 (503 in 5+ unit buildings).
Forward outlook
- In year one you build about $8k of equity ($864 loan paydown + $7k appreciation (5.8% local appreciation)).
- Cameron County population projected at +3% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
- At projected returns (5.8% appreciation + 3.0% rent growth), your $35k cash investment doubles in ~3 years — after that, you're playing with house money.
- By year 5, paydown + projected appreciation supports a ~$35k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.
Negotiation context
- Only 4 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; extreme-heat days projected 7→27/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- Crime grade is D 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?
- 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.
- 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.
- 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
- 1.30% ✓
- Cap rate
- 10.82%
- Cash-on-cash
- 16.16%
- DSCR
- 1.72
- GRM
- 6.4
CMA / ARV
No comps found within radius.
Projected returns pro-forma
5.78% appreciation · 3.0% rent growth · sell at horizon
- IRR
- 28.4%
- Equity multiple
- 2.84×
- Total profit
- $64,490
- Equity at exit
- $76,857
- IRR
- 26.7%
- Equity multiple
- 5.76×
- Total profit
- $166,612
- Equity at exit
- $137,912
Cash invested: $35,000 (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
ZIP-level market 78566
- Home prices YoY
- 2.7%
- Active inventory
- 233
- Price-to-rent
- 6.4×
Monthly cashflow live
- Estimated rent
- $1,622 medium interval (Pro) →
- Mortgage (P&I)
- −$656
- Tax from tax record
- −$103 /mo · $1,230/yr
- Insurance
- −$52
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$341
- Net cashflow
- $471
Break-even live
Sensitivity live
| Price | -10% $542 | -5% $507 | +0% $471 | +5% $436 | +10% $401 |
|---|---|---|---|---|---|
| Rent | -10% $343 | -5% $407 | +0% $471 | +5% $536 | +10% $600 |
| Rate | -1.0pp $534 | -0.5pp $503 | base $471 | +0.5pp $439 | +1.0pp $406 |
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
- $31,250
- Closing costs
- $3,750
- 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 4 events
-
2026-06-15days on market $125,000 Active 4 DOM
-
2026-06-14days on market $125,000 Active 2 DOM
-
2026-06-13remarks 699-char remark
-
2026-06-13$125,000 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
- $1,230 · $103/mo
- Projected year-2 tax
- $2,288 · $191/mo
- Expected delta
- +$1,057/yr (+$88/mo · 85.9%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 3/10 Moderate FEMA zone X (unshaded) · 20% chance over 30 yrs
- Wildfire 3/10 Moderate
- Heat 10/10 Extreme 7 d/yr ≥110°F today · 27 d/yr by 30 yrs out
- Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
- Air quality 2/10 Low 0 unhealthy d/yr today · 1 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
- $19,467
- − Mortgage interest
- −$7,002
- − Property taxes
- −$1,230
- − Insurance
- −$625
- − Repairs & maintenance
- −$1,557
- − Management
- −$1,557
- − Depreciation
- −$3,636
- Taxable income
- $3,859
- Est. tax owed @ 24.0%
- −$926
- After-tax cash flow
- $4,732/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
- Los Fresnos CISD
- NCES district ID
- 4828290
- Math proficiency
- 34% ▼ -30.00%
- Reading proficiency
- 44% ▼ -10.00%
- Median HH income
- $42,586
- Composite
- 32.92/100
- National rank
- #5601
- State rank
- #444 of 826 in TX
Livability — Laureles
- Score
- 54/100
- State rank
- #1404
- US rank
- #24046
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Laureles, TX
- Population (ZIP)
- 24,927
Population outlook (Cameron County) Hauer SSP2
- Today (2025)
- 441,603 people
- By 2030
- 448,113 · +1.5%
- By 2040
- 456,385 · +3.3%
- By 2050
- 456,294 · +3.3%
- By 2075
- 423,851 · -4.0%
- By 2100
- 342,787 · -22.4%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly Hispanic (88%)
- Race & ethnicity
- Hispanic / Latino 88% Two or more races 45% White 10% Black 1%
- Hispanic origin (detail)
- Mexican 84%
- Foreign-born
- 22% · Canada
- Languages at home
- 33% English-only · Spanish 67%
Political lean MEDSL · Cameron
- 2024 margin
- Lean R (+5.8) · D 46.7% · R 52.5%
- 2008→2024 swing
- -34.6pp toward R · 2008: 28.8pp · 2024: -5.8pp
- All cycles
- 2024: R+5.8 2020: D+13.2 2016: D+32.5 2012: D+32.4 2008: D+28.8
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▲ 5.78%
- Current HPI
- 218.1236
- Rent YoY
- —
- Metro
- —
- State GDP YoY
- ▲ 3.95%
- F500 in state
- 110
Industry mix (Fortune 500 HQ in TX)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Energy | 16 | $1,198B |
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| Technology | 5 | $198B |
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| Engineering / Construction | 4 | $72B |
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| Energy Services | 3 | $60B |
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| Utilities | 3 | $41B |
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| Healthcare | 2 | $330B |
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Price history
-10.7% since first listed2 events — show timeline
- 2026-06-11 Listed $125,000 RGVMLS
- 2023-10-14 Price Changed $140,000 RGVMLS
Property tax history
+30.2%/yrLatest (2025): $1,230 · -6.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…