1434 S Colorado Ave · Mercedes, TX 78570

$54,900

2 bd · 1.0 ba · 1,028 sqft · SingleFamily public records · 145 Days on market

Built 1960 Fair condition 7,405 sqft lot $53/sqft · 55% below area ↓ 5% 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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Appreciation +7.3/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.2/5.0
• Schools +1.8/10.0

Listing remarks

Charming and affordable home in the heart of Mercedes! This cozy 2-bedroom, 1-bath residence offers approximately 1,028 square feet of living space and sits on a spacious 7,501-square-foot lot. Built in 1960, the home features a functional layout, a metal roof, and plenty of potential for homeowners or investors alike. Step inside to find a comfortable living area, generously sized bedrooms, and a practical floor plan designed for everyday living. The large yard provides ample space for outdoor entertaining, gardening, future improvements, or additional storage. Conveniently located near schools, shopping, restaurants, and major roadways, this property offers both convenience and value.

Key facts

• Spacious yard
• Metal roof
• Convenient location

Tags

• METAL ROOF
• SPACIOUS YARD
• CONVENIENT LOCATION

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $55k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $557 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $55k).
• Recommended offer: $48k (12.0% below list) — sets the bar for market timing.
• Cap rate 18.5% vs local median 3.6% in Mercedes — 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 67/100 on livability (#547 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime F, amenities F, commute F.
• Mercedes ISD (suburban): math 12% / reading 21% proficiency, ranked #811 of 826 in TX (top 98%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 80% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Travis El (math 17% / reading 22%, grade F, #3,583 of 4,322 statewide, top 86%, 506 students, 91% FRL); Sgt Manuel Chacon Middle (math 16% / reading 26%, grade F, #1,387 of 1,662 statewide, top 85%, 563 students, 87% FRL); Mercedes H S (math 8% / reading 12%, grade F, #1,591 of 1,632 statewide, top 98%, 974 students, 91% FRL).
• Market conditions: 544 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 71% 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 38% of the median local income ($40k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $3k of equity ($380 loan paydown + $2k appreciation (4.5% local appreciation)).
• Hidalgo County population projected at +28% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (4.5% appreciation + 3.0% rent growth), your $15k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 145 days — a 12% lower offer ($48k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: property tax is 2.8% of price.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $48,312 (12.0% below list)

Questions for the listing agent

1. It's been on market 145 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
3. Built in 1960 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. 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?
8. 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?
9. 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.
10. 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.
11. 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: 2.30% ✓
• Cap rate: 18.47%
• Cash-on-cash: 43.50%
• DSCR: 2.94
• GRM: 3.6

CMA / ARV

• ARV (median comp): $122,847
• List price: $54,900
• Delta: -55.31%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
721 S Vermont Ave	0.50mi	2/2.5	1,000 (-3%)	6mo	$140,000	$140	61
545 S Colorado Ave	0.61mi	3/1.0 (+1)	1,036 (+1%)	9mo	$64,900	$63	58
1137 S Texas Ave	0.51mi	2/1.0	960 (-7%)	11mo	$70,000	$73	56
1151 S Texas Ave	0.52mi	3/1.0 (+1)	1,049 (+2%)	17mo	$75,000	$71	53
544 S Washington Ave	0.65mi	3/2.0 (+1)	1,003 (-2%)	12mo	$184,000	$183	46
1209 S Missouri Ave	0.43mi	2/1.0	938 (-9%)	23mo	$50,000	$53	46
1108 S Indiana Ave	0.28mi	3/2.0 (+1)	1,166 (+13%)	13mo	$179,900	$154	45
546 S Georgia Ave	0.67mi	3/2.5 (+1)	1,000 (-3%)	18mo	$100,000	$100	38
1047 S Illinois St	0.68mi	3/2.0 (+1)	1,120 (+9%)	16mo	$159,000	$142	31

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

Projected returns pro-forma

4.53% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 51.0%
• Equity multiple: 4.04×
• Total profit: $46,728
• Equity at exit: $29,541

10-year hold

• IRR: 49.2%
• Equity multiple: 8.25×
• Total profit: $111,429
• Equity at exit: $49,732

Cash invested: $15,372 (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 →

Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 15 active · 3 under contract
• Months of supply: 90.0 mo (1%/mo absorbed)
• Median asking: $155,000 ($150/sqft)
• Median days on market: 90 d
• This list price: lowest-priced of the active set
• ARV vs active asking: -20.4% vs current asking $/sqft

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

ZIP-level market 78570

• Home prices YoY: 1.9%
• Active inventory: 544
• Price-to-rent: 3.6×

Monthly cashflow live

• Estimated rent: $1,262 high
• Mortgage (P&I): −$288
• Tax from tax record: −$129 /mo · $1,552/yr
• Insurance: −$23
• HOA: −$0
• Vacancy / Maint / Mgmt: −$265
• Net cashflow: $557

Break-even live

Break-even rent $557

Max offer price $54,900

Occupancy floor 51%

Sensitivity live

Price	-10% $588	-5% $573	+0% $557	+5% $542	+10% $526
Rent	-10% $458	-5% $507	+0% $557	+5% $607	+10% $657
Rate	-1.0pp $585	-0.5pp $571	base $557	+0.5pp $543	+1.0pp $529

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: $13,725
• Closing costs: $1,647
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
210 Michigan Ave Mercedes, TX	3.0	2.0	1196	$1,395	$1.17	0d	1	1.12mi
1015 Starr St Apt A Mercedes, TX	2.0	2.0	921	$1,025	$1.11	43d	1	1.34mi
1103 Anaquitas St Unit 41 Mercedes, TX	3.0	2.0	1189	$1,099	$0.92	43d	1	1.34mi
1113 Anaquitas St Unit 142 Mercedes, TX	3.0	2.0	1189	$1,099	$0.92	35d	1	1.35mi
189 Lago Vista St Mercedes, TX	2.0	2.0	1164	$2,000	$1.72	184d	1	1.39mi
1100 Anaquitas St Mercedes, TX	3.0	2.0	1189	$1,099	$0.92	43d	1	1.41mi
1100 Anaquitas St Mercedes, TX	3.0	2.0	1189	$1,099	$0.92	5d	1	1.41mi

Property features AI

Finance

• Financial info: Down payment resources not available
• HOA & community: No subdivision (listed as NONE)

Exterior

• Utilities: Sewer: none (see remarks)
• Home design: Pre-owned propertyApproximate age: 66 years
• Construction: Slab foundationMetal roof
• Exterior features: Wood exterior

Interior

• Kitchen: Kitchen (approx. 10 x 10)
• Bedrooms: Master bedroom on lower level (approx. 10 x 10)Second bedroom (approx. 10 x 10)
• Flooring: Laminate flooring
• Bathrooms: 1 full bathroom
• Heating & cooling: Other heating (see remarks)Other heating fuel (see remarks)Other air conditioning (see remarks)
• Interior features: Open floor planLiving and dining room combinedWasher connectionDryer connection
• Laundry & utility: Washer connectionDryer connection

Listing history 50 events

1. 2026-11-08
   days on market $54,900 Active 145 DOM
2. 2026-11-07
   days on market $54,900 Active 144 DOM
3. 2026-11-06
   days on market $54,900 Active 143 DOM
4. 2026-11-05
   days on market $54,900 Active 142 DOM
5. 2026-11-04
   days on market $54,900 Active 141 DOM
6. 2026-11-02
   days on market $54,900 Active 139 DOM
7. 2026-11-01
   days on market $54,900 Active 138 DOM
8. 2026-10-31
   days on market $54,900 Active 137 DOM
9. 2026-10-31
   days on market $54,900 Active 136 DOM
10. 2026-10-29
    days on market $54,900 Active 135 DOM
11. 2026-10-28
    days on market $54,900 Active 134 DOM
12. 2026-10-27
    statusdays on market $54,900 Active 133 DOM
13. 2026-10-26
    days on market $54,900 Price Change 132 DOM
14. 2026-10-25
    days on market $54,900 Price Change 131 DOM
15. 2026-10-24
    days on market $54,900 Price Change 130 DOM
16. 2026-10-23
    days on market $54,900 Price Change 129 DOM
17. 2026-10-22
    days on market $54,900 Price Change 128 DOM
18. 2026-10-21
    days on market $54,900 Price Change 127 DOM
19. 2026-10-20
    days on market $54,900 Price Change 126 DOM
20. 2026-10-19
    days on market $54,900 Price Change 125 DOM
21. 2026-10-18
    days on market $54,900 Price Change 124 DOM
22. 2026-10-17
    days on market $54,900 Price Change 123 DOM
23. 2026-10-16
    pricestatus $54,900 Price Change 122 DOM
24. 2026-10-16
    days on market $59,999 Active 122 DOM
25. 2026-10-15
    days on market $59,999 Active 121 DOM
26. 2026-10-14
    days on market $59,999 Active 120 DOM
27. 2026-10-13
    days on market $59,999 Active 119 DOM
28. 2026-10-12
    days on market $59,999 Active 118 DOM
29. 2026-10-11
    statusdays on market $59,999 Active 117 DOM
30. 2026-10-10
    days on market $59,999 Price Change 116 DOM
31. 2026-10-09
    days on market $59,999 Price Change 115 DOM
32. 2026-10-08
    days on market $59,999 Price Change 114 DOM
33. 2026-10-07
    days on market $59,999 Price Change 113 DOM
34. 2026-10-06
    days on market $59,999 Price Change 112 DOM
35. 2026-10-05
    days on market $59,999 Price Change 111 DOM
36. 2026-10-04
    days on market $59,999 Price Change 110 DOM
37. 2026-10-03
    days on market $59,999 Price Change 109 DOM
38. 2026-10-02
    days on market $59,999 Price Change 108 DOM
39. 2026-10-01
    days on market $59,999 Price Change 107 DOM
40. 2026-10-01
    pricestatus $59,999 Price Change 106 DOM
41. 2026-09-30
    days on market $84,999 Active 106 DOM
42. 2026-09-29
    days on market $84,999 Active 105 DOM
43. 2026-09-28
    days on market $84,999 Active 104 DOM
44. 2026-09-27
    days on market $84,999 Active 103 DOM
45. 2026-09-26
    days on market $84,999 Active 102 DOM
46. 2026-09-25
    days on market $84,999 Active 101 DOM
47. 2026-09-24
    days on market $84,999 Active 100 DOM
48. 2026-09-23
    days on market $84,999 Active 99 DOM
49. 2026-09-21
    days on market $84,999 Active 97 DOM
50. 2026-09-20
    days on market $84,999 Active 96 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: $1,552 · $129/mo
• Projected year-2 tax: $1,552 · $129/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 (shaded) · 0% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥110°F today · 23 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: $15,150
• − Mortgage interest: −$3,075
• − Property taxes: −$1,552
• − Insurance: −$274
• − Repairs & maintenance: −$1,212
• − Management: −$1,212
• − Depreciation: −$1,597
• Taxable income: $6,227
• Est. tax owed @ 24.0%: −$1,495
• After-tax cash flow: $5,193/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 · 9 photos

Fair 45/100 Moderate rehab Est. rehab $25,700–$46,260 screening

This charming 2-bedroom home in Mercedes requires moderate repairs and maintenance, particularly in the exterior and interior paint. Painting and updating the bathroom can significantly increase its value for both resale and rental.

Components & finishes AI

Flooring carpet

Repairs flagged

• Minor Paint — Paint appears faded in some areas
• Minor Bathroom Fixtures — Dated and possibly worn fixtures

Value-add opportunities

• Both Painting — Fresh paint can improve curb appeal and interior aesthetics ↑
• Both Bathroom Renovation — Updating fixtures and tile can significantly enhance the bathroom's functionality and value ↑

ⓘ Rehab cost is a screening estimate — Moderate 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 18/100

Zoned Schools

Elementary Travis El F TX #3,583/4,322 Nat'l #33,738/41,679 Middle Sgt Manuel Chacon Middle F TX #1,387/1,662 Nat'l #11,464/14,009 High Triumph Public High Schools-Mercedes F TX #1,539/1,632 Nat'l #15,707/17,239

Schools (NCES district)

• District: Mercedes ISD
• NCES district ID: 4830250
• Math proficiency: 12% ▼ -26.00%
• Reading proficiency: 21% ▼ -10.00%
• Median HH income: $27,606
• Composite: 12.84/100
• National rank: #9596
• State rank: #811 of 826 in TX

C Composite livability gradescore 67/100

Livability — Mercedes

• Score: 67/100
• State rank: #547
• US rank: #10619

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Mercedes, TX
• County: Hidalgo · 955,232 people
• City population: 33,596
• Metro: McAllen-Edinburg-Mission, TX
• Population (ZIP): 33,596
• Household income: $39,890
• Rent vs Own: 26.2% rent · 73.8% own
• Severe rent burden: 12% 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 (96%)
• Race & ethnicity: Hispanic / Latino 96% Two or more races 44% White 4%
• Hispanic origin (detail): Mexican 91%
• Languages at home: 18% English-only · Spanish 82%

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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: ▲ 4.53%
• Current HPI: 238.8386
• 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

Property features AI

Finance

• Financial info: Down payment resources not available
• HOA & community: No subdivision (listed as NONE)

Exterior

• Utilities: Sewer: none (see remarks)
• Home design: Pre-owned propertyApproximate age: 66 years
• Construction: Slab foundationMetal roof
• Exterior features: Wood exterior

Interior

• Kitchen: Kitchen (approx. 10 x 10)
• Bedrooms: Master bedroom on lower level (approx. 10 x 10)Second bedroom (approx. 10 x 10)
• Flooring: Laminate flooring
• Bathrooms: 1 full bathroom
• Heating & cooling: Other heating (see remarks)Other heating fuel (see remarks)Other air conditioning (see remarks)
• Interior features: Open floor planLiving and dining room combinedWasher connectionDryer connection
• Laundry & utility: Washer connectionDryer connection

Price history

-4.8% since first listed

2 events — show timeline

• 2026-07-17 Price Changed $99,999 LERA
• 2026-06-16 Listed $104,999 LERA

Property tax history

+6.0%/yr

Latest (2025): $1,552 · +8.8% YoY. Source: county tax records.