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30721 Balandre St
B Composite 74.36
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

30721 Balandre St · Laureles, TX 78566
3 bd · 2.0 ba · 1,140 sqft · SingleFamily public records · 4 Days on market
Built 2018 0.28 ac lot ↓ 11% since listing

🖨 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

RECENTLY INSTALLED ROOFSPACIOUS LOTEXTRA SPACECONVENIENTLY LOCATED

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

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 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.
Recommended offer $125,000

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 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?
  3. 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?
  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
1.30%
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

5-year hold
IRR
28.4%
Equity multiple
2.84×
Total profit
$64,490
Equity at exit
$76,857
10-year hold
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
3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.

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

Break-even rent $1,025
Max offer price $125,000
Occupancy floor 66%

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

  1. 2026-06-15
    days on market $125,000 Active 4 DOM
  2. 2026-06-14
    days on market $125,000 Active 2 DOM
  3. 2026-06-13
    remarks 699-char remark
  4. 2026-06-13
    listed $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

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Walkable amenities ~0.75 mi

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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
combined federal + state — saved on this device
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

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

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

Price history

-10.7% since first listed
2 events — show timeline
  • 2026-06-11 Listed $125,000 RGVMLS
  • 2023-10-14 Price Changed $140,000 RGVMLS

Property tax history

+30.2%/yr

Latest (2025): $1,230 · -6.1% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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