217 S Bridge Ave · Weslaco, TX 78596

$114,999

3 bd · 2.0 ba · 1,232 sqft · SingleFamily public records · 75 Days on market

Built 1981 2,499 sqft lot $93/sqft · 14% below area Est $134k · 14% under

---

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 +20.8/30.0
• ARV discount +13.9/15.0
• DSCR +6.6/10.0
• 1% rule +5.1/10.0
• Appreciation +4.7/10.0
• Livability +3.6/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.2/10.0

Listing remarks MLS

Welcome to this charming 2-story, 3-bedroom, 2-bath home in the heart of Weslaco! Ideally located near the expressway, shopping centers, and restaurants, this property offers convenience and comfort. Perfect as a starter home or investment opportunity, it features spacious living areas and a functional layout. Don’t miss out — schedule your private showing today!

Key facts

• 2,499 sq ft lot
• Built 1981
• Listed 75 days

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $115k.

Deal economics

• At list price, monthly cash flow is $158 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $115k).
• Recommended offer: $108k (6.0% below list) — sets the bar for market timing.
• Cap rate 7.9% vs local median 4.1% in Weslaco — 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 72/100 on livability (#277 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: employment D+, crime F, amenities F.
• Weslaco ISD (suburban): math 23% / reading 31% proficiency, ranked #705 of 826 in TX (top 85%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: 710 active listings in the ZIP; 23 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; 7,378 units permitted in Hidalgo County in 2024 (641 in 5+ unit buildings).

Forward outlook

• In year one you build about $123 of equity ($795 loan paydown + $-672 appreciation (-0.6% local appreciation)).
• Hidalgo County population projected at +28% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-0.6% appreciation + 3.0% rent growth), your $32k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 75 days — a 6% lower offer ($108k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Climate carrying-cost: major flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $108,099 (6.0% below list)

Questions for the listing agent

1. It's been on market 75 days. Have you received any prior offers? Is the seller open to a 6% 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. 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?
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: 1.01% ✓
• Cap rate: 7.94%
• Cash-on-cash: 5.88%
• DSCR: 1.26
• GRM: 8.3

CMA / ARV

• ARV (median comp): $134,052
• List price: $114,999
• Delta: -14.21%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
231 Johann Ave	0.23mi	4/2.0 (+1)	1,226 (-0%)	5mo	$160,000	$131	80
1204 E 2nd St	0.17mi	4/1.5 (+1)	1,152 (-6%)	8mo	$120,000	$104	68
1308 E 2nd St	0.28mi	3/2.0	1,088 (-12%)	7mo	$145,000	$133	62
603 Witmer St	0.19mi	3/1.0	1,094 (-11%)	10mo	$109,000	$100	60
—	0.61mi	3/1.0	1,280 (+4%)	5mo	$179,900	$141	57
1903 E Llano Grande St	0.67mi	3/2.0	1,202 (-2%)	10mo	$200,000	$166	57
103 Grace Ave	0.11mi	2/1.0 (-1)	1,068 (-13%)	8mo	$60,000	$56	57
621 N Nevada Ave	0.60mi	3/2.0	1,156 (-6%)	9mo	$170,000	$147	54
725 E Los Torritos St	0.40mi	3/1.0	1,080 (-12%)	6mo	$166,000	$154	52
1825 Largo St	0.64mi	3/2.0	1,130 (-8%)	6mo	$179,900	$159	51
814 N Martinez Ave	0.60mi	3/2.0	1,074 (-13%)	8mo	$159,900	$149	44
1503 Narcissus St	0.65mi	3/1.0	1,056 (-14%)	2mo	$125,000	$118	40

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-0.58% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 2.4%
• Equity multiple: 1.11×
• Total profit: $3,555
• Equity at exit: $30,072

10-year hold

• IRR: 8.5%
• Equity multiple: 1.86×
• Total profit: $27,666
• Equity at exit: $33,595

Cash invested: $32,200 (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 78596

• Home prices YoY: -0.2%
• Active inventory: 710
• Price-to-rent: 8.3×

Monthly cashflow live

• Estimated rent: $1,161 high
• Mortgage (P&I): −$603
• Tax from tax record: −$109 /mo · $1,306/yr
• Insurance: −$48
• HOA: −$0
• Vacancy / Maint / Mgmt: −$244
• Net cashflow: $158

Break-even live

Break-even rent $962

Max offer price $114,999

Occupancy floor 81%

Sensitivity live

Price	-10% $223	-5% $190	+0% $158	+5% $125	+10% $93
Rent	-10% $66	-5% $112	+0% $158	+5% $204	+10% $249
Rate	-1.0pp $216	-0.5pp $187	base $158	+0.5pp $128	+1.0pp $98

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: $28,750
• Closing costs: $3,450
• Reserves months: —
• Total cash needed: —

Rent comps 23 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
622 E Llano Grande St Weslaco, TX	3.0	2.0	1100	$1,500	$1.36	44d	1	0.26mi
1723 Davenport St Unit 2 Weslaco, TX	3.0	2.0	1140	$1,175	$1.03	44d	1	0.53mi
1804 Davenport St Unit 4 Weslaco, TX	2.0	2.0	938	$1,125	$1.20	45d	1	0.55mi
1805 Stauffers St Unit 3 Weslaco, TX	3.0	2.0	1116	$1,150	$1.03	44d	1	0.55mi
1804 Stauffers St #3 Weslaco, TX	2.0	2.0	840	$1,000	$1.19	44d	1	0.56mi
1722 E Davenport St Unit 4 Weslaco, TX	2.0	2.0	938	$1,100	$1.17	44d	1	0.57mi
1817 Stauffer St Weslaco, TX	3.0	2.0	1116	$1,200	$1.08	44d	1	0.59mi
1812 Redbud Ln Unit 1 Weslaco, TX	2.0	2.0	874	$1,025	$1.17	44d	1	0.60mi
309 E Mesquite St Weslaco, TX	3.0	2.0	1100	$1,400	$1.27	44d	1	0.61mi
1909 Davenport St Unit 3 Weslaco, TX	3.0	2.0	1140	$1,175	$1.03	44d	1	0.62mi
1917 Davenport St Unit 1 Weslaco, TX	2.0	2.0	938	$1,100	$1.17	44d	1	0.64mi
2108 Redbud Ln Unit 4 Weslaco, TX	2.0	2.0	920	$1,050	$1.14	44d	1	0.70mi
1306 E 11th St Unit 11 Weslaco, TX	2.0	2.0	900	$875	$0.97	44d	1	0.90mi
1601 S Airport Dr Unit 261 Weslaco, TX	2.0	2.0	912	$1,500	$1.64	44d	1	0.99mi
1601 S Airport Dr Unit 283 Weslaco, TX	3.0	2.0	1033	$1,600	$1.55	44d	1	0.99mi
3707 Las Vistas Ln Apt 1 Weslaco, TX	2.0	2.0	987	$1,025	$1.04	44d	1	1.04mi
3814 Bella Costa Dr Unit 3 Weslaco, TX	2.0	2.0	987	$1,025	$1.04	44d	1	1.04mi
604 Buena Vista Dr Weslaco, TX	2.0	2.0	783	$750	$0.96	44d	1	1.39mi
1810 S Oregon Ave Unit 622-3 Weslaco, TX	2.0	1.0	850	$855	$1.01	44d	1	1.43mi
1810 S Oregon Ave Unit 1810-9 Weslaco, TX	2.0	1.0	850	$795	$0.94	44d	1	1.43mi
1810 S Oregon Ave Unit 1810-14 Weslaco, TX	2.0	1.0	850	$695	$0.82	44d	1	1.43mi
609 Buena Vista Dr Apt 1 Weslaco, TX	2.0	2.0	888	$750	$0.84	44d	1	1.43mi
220 E 18th St Unit 2 Weslaco, TX	2.0	1.0	770	$770	$1.00	44d	1	1.48mi

Listing history 20 events

1. 2026-06-21
   days on market $114,999 Active 75 DOM
2. 2026-06-18
   days on market $114,999 Active 73 DOM
3. 2026-06-17
   days on market $114,999 Active 72 DOM
4. 2026-06-16
   days on market $114,999 Active 71 DOM
5. 2026-06-15
   days on market $114,999 Active 70 DOM
6. 2026-06-15
   days on market $114,999 Active 69 DOM
7. 2026-06-13
   days on market $114,999 Active 68 DOM
8. 2026-06-12
   days on market $114,999 Active 67 DOM
9. 2026-06-09
   days on market $114,999 Active 64 DOM
10. 2026-06-08
    days on market $114,999 Active 63 DOM
11. 2026-06-08
    days on market $114,999 Active 62 DOM
12. 2026-06-07
    days on market $114,999 Active 61 DOM
13. 2026-06-03
    days on market $114,999 Active 58 DOM
14. 2026-06-02
    days on market $114,999 Active 57 DOM
15. 2026-06-01
    days on market $114,999 Active 56 DOM
16. 2026-05-31
    days on market $114,999 Active 55 DOM
17. 2026-04-01
    listed $114,999 Active 377-char remark

    Show marketing remark (377 chars)

    Welcome to this charming 2-story, 3-bedroom, 2-bath home in the heart of Weslaco! Ideally located near the expressway, shopping centers, and restaurants, this property offers convenience and comfort. Perfect as a starter home or investment opportunity, it features spacious living areas and a functional layout. Don’t miss out — schedule your private showing today!

18. 2026-03-31
    listed $114,999 Active
19. 2025-10-24
    listed $115,000 Active
20. 1992-02-27
    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: $1,306 · $109/mo
• Projected year-2 tax: $2,104 · $175/mo
• Expected delta: +$798/yr (+$67/mo · 61.1%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 6/10 Major FEMA zone X · 68% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥111°F today · 22 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: $13,937
• − Mortgage interest: −$6,442
• − Property taxes: −$1,306
• − Insurance: −$575
• − Repairs & maintenance: −$1,115
• − Management: −$1,115
• − Depreciation: −$3,345
• Taxable income: $39
• Est. tax owed @ 24.0%: −$9
• After-tax cash flow: $1,883/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: Weslaco ISD
• NCES district ID: 4844960
• Math proficiency: 23% ▼ -29.00%
• Reading proficiency: 31% ▼ -9.00%
• Median HH income: $32,867
• Composite: 22.05/100
• National rank: #8196
• State rank: #705 of 826 in TX

Livability — Weslaco

• Score: 72/100
• State rank: #277
• US rank: #6469

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Weslaco, TX
• Population (ZIP): 38,942

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 (86%)
• Race & ethnicity: Hispanic / Latino 86% Two or more races 38% White 13%
• Hispanic origin (detail): Mexican 82%
• Common ancestry: Slovak 1%
• Foreign-born: 17% · Canada
• Languages at home: 27% English-only · Spanish 72%

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: ▼ -0.58%
• Current HPI: 261.5117
• 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
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

-0.0% since first listed

4 events — show timeline

• 2026-04-01 Listed $114,999 MCALLENMLS
• 2026-03-31 Listed $114,999 MCALLENMLS
• 2025-10-24 Listed $115,000 MCALLENMLS
• 1992-02-27 Sold (Public Records) — Public Records

Property tax history

+4.6%/yr

Latest (2025): $1,306 · +9.8% YoY. Source: county tax records.