VM28483M Plan · Donna, TX 78537

$109,900

3 bd · 2.0 ba · 1,294 sqft · Manufactured · 831 Days on market

Manufactured home Good condition

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Why this score? — see what drove the F 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 +7.8/30.0
• ARV discount +7.5/15.0
• Appreciation +7.5/10.0
• Condition / age +4.0/5.0
• Livability +2.7/5.0
• Rent growth +2.5/5.0
• 1% rule +2.4/10.0
• DSCR +1.9/10.0
• Schools +1.7/10.0
• Manufactured-home adj. -3.0

Listing remarks MLS

3/2 almost 1300 sq ft of modern living. Great colors and flow to this new floor plan designed for today's modern family. Custom painted walls, low-e energy efficient windows, upgraded stainless appliances and so much more to love about this great home. Price includes, delivery and set-up, caliche pad, vapor barrier, Central A/C and Heat, (2) 4x4 decks and upgrade vinyl skirting, plus our award-winning in-house service!

Key facts

• Stainless appliances
• Listed 830 days

Tags

• ENERGY EFFICIENT WINDOWS
• STAINLESS APPLIANCES

🏗️ New construction. The $109,900 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $127,131.

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $110k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-139 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $107k (2.6% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $94k (14.8% below list).
• Recommended offer: $94k (14.8% below list) — sets the bar for 1% rule.
• Cap rate 5.0% vs local median 3.3% in Donna — 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 54/100 on livability (#1,411 in TX) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A; Watch: crime F, amenities F, commute F.
• Donna ISD (suburban): math 11% / reading 18% proficiency, ranked #821 of 826 in TX (top 99%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: T Price El (math 12% / reading 22%, grade F, #3,836 of 4,322 statewide, top 91%, 417 students, 97% FRL); W A Todd Middle (math 9% / reading 22%, grade F, #1,556 of 1,662 statewide, top 94%, 693 students, 92% FRL); Donna H S (math 16% / reading 21%, grade F, #1,436 of 1,632 statewide, top 88%, 2,095 students, 92% FRL) — zoned schools average 94% FRL vs 48% district-wide (45 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 569 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 30d on market — plan ~3-4 weeks tenant-placement turnaround); 48% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 7,378 units permitted in Hidalgo County in 2024 (641 in 5+ unit buildings).
• This rent runs 31% of the median local income ($36k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $14k of equity ($879 loan paydown + $13k appreciation (10.0% local appreciation)).
• Hidalgo County population projected at +28% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 3, paydown + projected appreciation supports a ~$34k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 831 days — a 12% lower offer ($97k) is reasonable based on typical stale-listing flexibility.

Recommended offer $93,675 (14.8% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 831 days. Have you received any prior offers? Is the seller open to a 15% concession, seller financing, or rate buy-down credit?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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?
7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
8. 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.
9. 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.
10. 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: 0.74% ✗
• Cap rate: 4.99%
• Cash-on-cash: -4.67%
• DSCR: 0.79
• GRM: 11.3

CMA / ARV

• ARV (median comp): $127,131
• List price: $109,900
• Delta: -13.55%
• Verdict: UNDERPRICED
• Comps: 1 within 2.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
521 Oak Ridge St	0.41mi	3/2.0	1,524 (+18%)	1mo	$225,000	$148	55
3098 Briggs Rd #3	1.20mi	3/2.0	1,193 (-8%)	2mo	$140,000	$117	50
188 Farrell Rd #1	1.17mi	3/2.0	1,161 (-10%)	1mo	$145,500	$125	47
LOT 23 Farrell Rd #3	1.24mi	3/2.0	1,139 (-12%)	1mo	$147,500	$129	44
196 Farrell Rd #4	1.17mi	3/2.0	1,138 (-12%)	1mo	$147,500	$130	44
3401 Kerps St	1.42mi	3/2.5	1,446 (+12%)	2mo	$239,950	$166	42
204 Farrell Rd #2	1.24mi	3/2.0	1,118 (-14%)	1mo	$145,000	$130	42
3505 Kerps St	1.45mi	3/2.0	1,510 (+17%)	2mo	$249,000	$165	38
2305 Cardinal Dr	1.41mi	3/2.0	1,598 (+24%)	2mo	$264,000	$165	38
3098 Briggs Rd #4	1.20mi	3/2.0	1,088 (-16%)	3mo	$140,000	$129	38
2832 Sienna Dr W	1.44mi	3/2.0	1,576 (+22%)	3mo	$310,000	$197	38
3501 Kerps St	1.18mi	4/2.0 (+1)	1,510 (+17%)	3mo	$249,000	$165	33

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

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 21.0%
• Equity multiple: 2.70×
• Total profit: $60,429
• Equity at exit: $114,530

10-year hold

• IRR: 19.0%
• Equity multiple: 6.19×
• Total profit: $184,921
• Equity at exit: $246,987

Cash invested: $35,597 (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 →

Active competition Active MLS

• For sale now: 14 active
• Median asking: $96,900 ($78/sqft)
• Median days on market: 908 d
• This list price: 71% of active listings are priced below it
• ARV vs active asking: +25.9% above current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 78537

• Home prices YoY: 5.8%
• Active inventory: 569
• Price-to-rent: 9.8×

Monthly cashflow live

• Estimated rent: $937 high
• Mortgage (P&I): −$667
• Tax est. 1.5%: −$159 /mo · $1,907/yr
• Insurance: −$53
• HOA: −$0
• Lot rent leased land?: −$0
• Vacancy / Maint / Mgmt: −$197
• Net cashflow: $-139

Break-even live

Break-even rent $1,112

Max offer price $107,084

Occupancy floor —

Sensitivity live

Price	-10% $-51	-5% $-95	+0% $-139	+5% $-182	+10% $-226
Rent	-10% $-213	-5% $-176	+0% $-139	+5% $-102	+10% $-65
Rate	-1.0pp $-75	-0.5pp $-106	base $-139	+0.5pp $-171	+1.0pp $-205

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: $31,783
• Closing costs: $3,814
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2607 E North Ave Donna, TX	1.0–3.0	1.0–2.0	950	$1,150	$1.21	0d	10	0.27mi
602 N Victoria Rd Donna, TX	3.0	2.0	1033	$1,431	$1.39	5d	1	0.47mi
602 N Victoria Rd Donna, TX	2.0	2.0	912	$1,431	$1.57	10d	1	0.47mi
3707 E Business 83 #340 Donna, TX	3.0	2.0	960	$826	$0.86	9d	1	0.81mi
3707 E Business 83 Unit 419 Donna, TX	3.0	2.0	960	$824	$0.86	10d	1	0.81mi
3707 E Business 83 #345 Donna, TX	3.0	2.0	960	$826	$0.86	10d	1	0.81mi
2813 Bravo Rd Unit B Weslaco, TX	3.0	2.0	1000	$1,250	$1.25	31d	1	0.88mi
3707 U.S. 83 Business Unit 464 Donna, TX	3.0	2.0	960	$799	$0.83	107d	1	0.90mi
3707 U.S. 83 Business Unit 333 Donna, TX	3.0	2.0	960	$899	$0.94	184d	1	0.90mi
3707 U.S. 83 Business Unit 442 Donna, TX	3.0	2.0	960	$799	$0.83	184d	1	0.90mi
3707 U.S. 83 Business Unit 431 Donna, TX	3.0	2.0	960	$799	$0.83	164d	1	0.90mi
2705 Woodpecker Rd Unit 2 Weslaco, TX	2.0	2.0	1020	$1,200	$1.18	164d	1	0.91mi
2701 Woodpecker Rd Unit 4 Weslaco, TX	3.0	2.0	1085	$1,350	$1.24	2d	1	0.91mi
2609 Woodpecker Rd Unit 1 Weslaco, TX	2.0	2.0	1020	$1,250	$1.23	164d	1	0.96mi
2609 Woodpecker Rd Unit 3 Weslaco, TX	3.0	2.0	1068	$1,250	$1.17	26d	1	0.96mi
2604 Woodpecker Rd Unit 2 Weslaco, TX	2.0	2.0	1068	$1,200	$1.12	155d	1	0.96mi
513 Sparrow Rd Unit 4 Weslaco, TX	3.0	2.0	1040	$1,275	$1.23	2d	1	0.96mi
2605 Woodpecker Rd Unit 4 Weslaco, TX	3.0	2.0	1183	$1,350	$1.14	10d	1	0.97mi
2605 Woodpecker Rd Unit 4 Weslaco, TX	3.0	2.0	1183	$1,350	$1.14	29d	1	0.97mi
2605 Woodpecker Rd Unit 4 Weslaco, TX	3.0	2.0	1183	$1,300	$1.10	164d	1	0.97mi
2605 Woodpecker Rd Unit 1 Weslaco, TX	2.0	2.0	1068	$1,250	$1.17	42d	1	0.97mi
509 Sparrow Rd Unit 4 Weslaco, TX	3.0	2.0	1020	$1,275	$1.25	2d	1	0.98mi
503 Sparrow Rd Unit 1 Weslaco, TX	2.0	2.0	1000	$1,300	$1.30	2d	1	0.99mi
503 Sparrow Rd Unit 1 Weslaco, TX	2.0	2.0	1000	$1,350	$1.35	16d	1	0.99mi
2700 Mockingbird Rd Unit 1 Weslaco, TX	2.0	2.0	1080	$1,200	$1.11	10d	1	0.99mi
2700 Mockingbird Rd Unit 4 Weslaco, TX	3.0	2.0	1209	$1,350	$1.12	10d	1	0.99mi
2604 Brownjay Rd Unit 2 Weslaco, TX	2.0	2.0	1068	$1,250	$1.17	0d	1	0.99mi
2604 Brownjay Rd Unit 3 Weslaco, TX	3.0	2.0	1183	$1,350	$1.14	43d	1	0.99mi
2604 Brownjay Rd Unit 2 Weslaco, TX	2.0	2.0	1068	$1,250	$1.17	43d	1	0.99mi
2600 Brownjay Rd Unit 1 Weslaco, TX	3.0	2.0	1209	$1,350	$1.12	10d	1	1.01mi
2600 Brownjay Rd Unit 4 Weslaco, TX	2.0	2.0	1080	$1,200	$1.11	43d	1	1.01mi
2509 Woodpecker Rd Unit 4 Weslaco, TX	3.0	2.0	1209	$1,350	$1.12	10d	1	1.01mi
2608 Mockingbird Rd Unit 4 Weslaco, TX	3.0	2.0	1183	$1,380	$1.17	162d	1	1.02mi
2613 Mockingbird Rd Unit D Weslaco, TX	2.0	2.0	973	$1,200	$1.23	184d	1	1.02mi
2512 Brownjay Rd Unit 1 Weslaco, TX	3.0	2.0	1209	$1,350	$1.12	10d	1	1.02mi
2512 Brownjay Rd Unit 3 Weslaco, TX	2.0	2.0	1080	$1,200	$1.11	43d	1	1.02mi
412 Sparrow Rd Unit 1 Weslaco, TX	2.0	2.0	1020	$1,250	$1.23	164d	1	1.02mi
2604 Mockingbird Rd Unit 1 Weslaco, TX	2.0	2.0	1100	$1,200	$1.09	43d	1	1.02mi
408 Sparrow Rd #4 Weslaco, TX	3.0	2.0	1185	$1,400	$1.18	155d	1	1.03mi
408 Sparrow Rd #4 Weslaco, TX	3.0	2.0	1185	$1,350	$1.14	2d	1	1.03mi

Listing history 50 events

1. 2026-11-08
   days on market $109,900 Active 831 DOM
2. 2026-11-07
   days on market $109,900 Active 830 DOM
3. 2026-11-06
   days on market $109,900 Active 829 DOM
4. 2026-11-05
   days on market $109,900 Active 828 DOM
5. 2026-11-04
   days on market $109,900 Active 827 DOM
6. 2026-11-02
   days on market $109,900 Active 825 DOM
7. 2026-11-01
   days on market $109,900 Active 824 DOM
8. 2026-10-31
   days on market $109,900 Active 823 DOM
9. 2026-10-30
   days on market $109,900 Active 822 DOM
10. 2026-10-29
    days on market $109,900 Active 821 DOM
11. 2026-10-28
    days on market $109,900 Active 820 DOM
12. 2026-10-27
    days on market $109,900 Active 819 DOM
13. 2026-10-26
    days on market $109,900 Active 818 DOM
14. 2026-10-25
    days on market $109,900 Active 817 DOM
15. 2026-10-24
    days on market $109,900 Active 816 DOM
16. 2026-10-23
    days on market $109,900 Active 815 DOM
17. 2026-10-22
    days on market $109,900 Active 814 DOM
18. 2026-10-21
    days on market $109,900 Active 813 DOM
19. 2026-10-20
    days on market $109,900 Active 812 DOM
20. 2026-10-19
    days on market $109,900 Active 811 DOM
21. 2026-10-18
    days on market $109,900 Active 810 DOM
22. 2026-10-17
    days on market $109,900 Active 809 DOM
23. 2026-10-16
    days on market $109,900 Active 808 DOM
24. 2026-10-15
    days on market $109,900 Active 807 DOM
25. 2026-10-14
    days on market $109,900 Active 806 DOM
26. 2026-10-13
    days on market $109,900 Active 805 DOM
27. 2026-10-12
    days on market $109,900 Active 804 DOM
28. 2026-10-11
    days on market $109,900 Active 803 DOM
29. 2026-10-10
    days on market $109,900 Active 802 DOM
30. 2026-10-09
    days on market $109,900 Active 801 DOM
31. 2026-10-08
    days on market $109,900 Active 800 DOM
32. 2026-10-07
    days on market $109,900 Active 799 DOM
33. 2026-10-06
    days on market $109,900 Active 798 DOM
34. 2026-10-05
    days on market $109,900 Active 797 DOM
35. 2026-10-04
    days on market $109,900 Active 796 DOM
36. 2026-10-04
    days on market $109,900 Active 795 DOM
37. 2026-10-02
    days on market $109,900 Active 794 DOM
38. 2026-10-01
    days on market $109,900 Active 793 DOM
39. 2026-09-30
    days on market $109,900 Active 792 DOM
40. 2026-09-29
    days on market $109,900 Active 791 DOM
41. 2026-09-28
    days on market $109,900 Active 790 DOM
42. 2026-09-27
    days on market $109,900 Active 789 DOM
43. 2026-09-25
    days on market $109,900 Active 787 DOM
44. 2026-09-24
    days on market $109,900 Active 786 DOM
45. 2026-09-23
    days on market $109,900 Active 785 DOM
46. 2026-09-22
    days on market $109,900 Active 784 DOM
47. 2026-09-21
    days on market $109,900 Active 783 DOM
48. 2026-09-20
    days on market $109,900 Active 782 DOM
49. 2026-09-19
    days on market $109,900 Active 781 DOM
50. 2026-09-18
    days on market $109,900 Active 780 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Taxation est. · year 1

• Rental income: $11,241
• − Mortgage interest: −$7,121
• − Property taxes: −$1,907
• − Insurance: −$636
• − Repairs & maintenance: −$899
• − Management: −$899
• − Depreciation: −$3,698
• Taxable loss: −$3,920
• Est. tax savings @ 24.0%: +$941
• After-tax cash flow: $-722/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.

Condition & rehab AI · 12 photos

Good 80/100 Cosmetic rehab Est. rehab $6,470–$19,410 screening

This manufactured home is in good condition with modern finishes and appliances. It is ready for move-in and would benefit from exterior painting and landscaping to further enhance its curb appeal and value.

Value-add opportunities

• Both Painting exterior siding — Enhances curb appeal and value ↑
• Both Landscaping improvements — Enhances curb appeal and value ↑
• Both Replace blinds with energy-efficient ones — Improves energy efficiency and aesthetics ↑

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 17/100

Zoned Schools

Elementary T Price El F TX #3,836/4,322 Nat'l #35,191/41,679 Middle W A Todd Middle F TX #1,556/1,662 Nat'l #12,557/14,009 High Donna H S F TX #1,436/1,632 Nat'l #14,713/17,239

Schools (NCES district)

• District: Donna ISD
• NCES district ID: 4817390
• Math proficiency: 11% ▼ -30.00%
• Reading proficiency: 18% ▼ -13.00%
• Median HH income: $27,330
• Composite: 11.16/100
• National rank: #9728
• State rank: #821 of 826 in TX

D Composite livability gradescore 54/100

Livability — Donna

• Score: 54/100
• State rank: #1411
• US rank: #24172

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Hidalgo · 955,232 people
• City population: 51,346
• Metro: McAllen-Edinburg-Mission, TX
• Population (ZIP): 51,346
• Household income: $36,331
• Rent vs Own: 26.7% rent · 73.3% own
• Severe rent burden: 9% of renters

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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%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Hispanic (95%)
• Race & ethnicity: Hispanic / Latino 95% Two or more races 49% White 4%
• Hispanic origin (detail): Mexican 91%
• Languages at home: 15% English-only · Spanish 84%

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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: ▲ 13.30%
• Current HPI: 243.3933
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 3.95%
• F500 in state: 110

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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

1 event — show timeline

• 2024-07-30 Listed $109,900 Zillow