3507 Bridget St · Edinburg, TX 78539

$229,000

4 bd · 2.0 ba · 2,167 sqft · SingleFamily public records · 131 Days on market

Built 2005 5,797 sqft lot $106/sqft · 12% below area Est $260k · 12% under

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Why this score? — see what drove the D+ 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 +13.9/30.0
• ARV discount +12.9/15.0
• 1% rule +4.4/10.0
• DSCR +4.2/10.0
• Livability +3.2/5.0
• Condition / age +2.5/5.0
• Rent growth +2.4/5.0
• Schools +2.2/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

This charming 2,167 sq. ft. property delivers a functional and family-friendly layout with 3 spacious bedrooms and 2.5 baths, making everyday living feel effortless. The open-concept floor plan brings in plenty of natural light, complemented by brand-new tile flooring for a clean, modern aesthetic. Located in a highly connected neighborhood, you’ll be just minutes away from schools, retail, and popular dining options, perfect for anyone who values both convenience and comfort. Book your private tour before it’s gone!

Key facts

• 5,797 sq ft lot
• 2 garage spots
• Built 2005

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $229k.

Deal economics

• At list price, monthly cash flow is $25 ($305/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $216k (5.6% below list).
• Recommended offer: $202k (12.0% below list) — sets the bar for market timing.
• Cap rate 6.4% vs local median 2.4% in Edinburg — 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 64/100 on livability (#784 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: employment D, amenities F, commute F.
• Edinburg CISD (urban): math 20% / reading 34% proficiency, ranked #699 of 826 in TX (top 85%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 62% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Canterbury El (math 54% / reading 61%, grade C+, #492 of 4,322 statewide, top 12%, 676 students, 42% FRL); South Middle (math 23% / reading 46%, grade F, #858 of 1,662 statewide, top 54%, 1,309 students, 66% FRL); Robert R Vela H S (math 27% / reading 48%, grade F, #888 of 1,632 statewide, top 55%, 2,189 students, 62% FRL).
• Zoned-school proficiency averages 43% at this address vs 27% district-wide (+16 pts) — the actual schools serving this property are materially stronger than the Edinburg CISD average implies; a family-tenant draw the district grade alone would hide.
• Market conditions: Rents soft (-0.5%/yr); 411 active listings in the ZIP; 14 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% 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).
• This rent runs 39% of the median local income ($67k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• Hidalgo County population projected at +28% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 131 days — a 12% lower offer ($202k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 11y ago; this cycle's ask has dropped $30k (12%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• 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 $201,520 (12.0% below list)

Questions for the listing agent

1. It's been on market 131 days. Have you received any prior offers? Is the seller open to a 12% 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. 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?
5. 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?
6. 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.
7. 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.
8. 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: 0.94% ✗
• Cap rate: 6.43%
• Cash-on-cash: 0.48%
• DSCR: 1.02
• GRM: 8.8

CMA / ARV

• ARV (median comp): $260,069
• List price: $229,000
• Delta: -11.95%
• 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
3408 Madison Ave	0.09mi	4/3.0	2,423 (+12%)	4mo	$435,000	$180	69
1220 Eva St	0.61mi	4/2.0	2,139 (-1%)	1mo	$280,500	$131	68
3619 Tigris Dr	0.32mi	3/3.5 (-1)	2,234 (+3%)	3mo	$369,000	$165	66
3526 Bridget St	0.04mi	3/2.5 (-1)	2,420 (+12%)	7mo	$258,000	$107	66
1604 St Claire Ave	0.37mi	3/2.5 (-1)	2,019 (-7%)	2mo	$349,000	$173	63
3507 Danubio Dr	0.35mi	4/3.0	2,432 (+12%)	1mo	$415,000	$171	58
1707 Red River Ave	0.32mi	4/3.5	2,464 (+14%)	5mo	$399,900	$162	52
2314 Holland Ave	0.73mi	4/3.5	2,238 (+3%)	4mo	$389,000	$174	52
2501 W Rhin Dr	0.40mi	4/3.5	2,409 (+11%)	7mo	$375,000	$156	51
2311 Penrose Ave	0.70mi	3/2.5 (-1)	2,279 (+5%)	6mo	$400,000	$176	47
2316 Penrose Ave	0.67mi	4/3.0	2,459 (+14%)	7mo	$449,900	$183	36
2310 Holland Ave	0.72mi	4/3.0	2,461 (+14%)	6mo	$410,000	$167	35

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

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -19.1%
• Equity multiple: 0.35×
• Total profit: $-41,732
• Equity at exit: $34,145

10-year hold

• IRR: -20.2%
• Equity multiple: 0.09×
• Total profit: $-58,361
• Equity at exit: $19,800

Cash invested: $64,120 (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 78539

• Home prices YoY: -19.6%
• Rents YoY: -0.5%
• Active inventory: 411
• Price-to-rent: 8.8×

Monthly cashflow live

• Estimated rent: $2,162 high
• Mortgage (P&I): −$1,201
• Tax from tax record: −$386 /mo · $4,636/yr
• Insurance: −$95
• HOA: −$0
• Vacancy / Maint / Mgmt: −$454
• Net cashflow: $25

Break-even live

Break-even rent $2,130

Max offer price $229,000

Occupancy floor 94%

Sensitivity live

Price	-10% $155	-5% $90	+0% $25	+5% $-39	+10% $-104
Rent	-10% $-145	-5% $-60	+0% $25	+5% $111	+10% $196
Rate	-1.0pp $141	-0.5pp $84	base $25	+0.5pp $-34	+1.0pp $-94

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: $57,250
• Closing costs: $6,870
• Reserves months: —
• Total cash needed: —

Rent comps 14 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1612 Red River Ave Edinburg, TX	4.0	4.0	2494	$3,275	$1.31	45d	1	0.35mi
2401 W Rhin Dr Edinburg, TX	4.0	2.5	2301	$2,400	$1.04	16d	1	0.36mi
5018 S Hummer Ln Edinburg, TX	3.0	2.0	1926	$1,800	$0.93	25d	1	0.91mi
3719 Alvarado St Edinburg, TX	3.0	2.5	1543	$2,095	$1.36	45d	1	0.95mi
3118 Vera Ave Edinburg, TX	3.0	2.0	1553	$1,800	$1.16	45d	1	0.96mi
323 Cavazos St Edinburg, TX	3.0	2.5	2223	$1,700	$0.76	45d	1	1.01mi
104 Auburn Ave McAllen, TX	4.0	3.0	2767	$2,695	$0.97	45d	1	1.11mi
104 Auburn Ave McAllen, TX	4.0	3.0	2767	$3,000	$1.08	16d	1	1.11mi
2714 Blue Ridge Dr Edinburg, TX	3.0	2.0	1966	$1,750	$0.89	16d	1	1.18mi
4809 S Markland Ave Edinburg, TX	3.0	2.0	1663	$2,550	$1.53	25d	1	1.19mi
2501 Camino Real Viejo Mercedes, TX	4.0	2.0	2048	$1,400	$0.68	45d	1	1.21mi
5211 Shalom Dr Edinburg, TX	3.0	2.0	2305	$2,200	$0.95	45d	1	1.30mi
1931 W Owassa Rd Edinburg, TX	3.0	3.0	2032	$1,700	$0.84	25d	1	1.43mi
125 E Kiwi St McAllen, TX	4.0	3.0	2529	$1,800	$0.71	16d	1	1.50mi

Listing history 23 events

1. 2026-06-08
   status $229,000 Pending 131 DOM
2. 2026-06-07
   days on market $229,000 Option 131 DOM
3. 2026-06-03
   days on market $229,000 Option 127 DOM
4. 2026-06-02
   statusdays on market $229,000 Option 126 DOM
5. 2026-06-01
   days on market $229,000 Active 125 DOM
6. 2026-05-31
   days on market $229,000 Active 124 DOM
7. 2026-05-31
   days on market $229,000 Active 123 DOM
8. 2026-04-04
   price $229,000 541-char remark

   Show marketing remark (541 chars)

   This charming 2,167 sq. ft. property delivers a functional and family-friendly layout with 3 spacious bedrooms and 2.5 baths, making everyday living feel effortless. The open-concept floor plan brings in plenty of natural light, complemented by brand-new tile flooring for a clean, modern aesthetic. Located in a highly connected neighborhood, you’ll be just minutes away from schools, retail, and popular dining options, perfect for anyone who values both convenience and comfort. Book your private tour before it’s gone!

9. 2026-03-19
   price $239,000 541-char remark

   Show marketing remark (541 chars)

   This charming 2,167 sq. ft. property delivers a functional and family-friendly layout with 3 spacious bedrooms and 2.5 baths, making everyday living feel effortless. The open-concept floor plan brings in plenty of natural light, complemented by brand-new tile flooring for a clean, modern aesthetic. Located in a highly connected neighborhood, you’ll be just minutes away from schools, retail, and popular dining options, perfect for anyone who values both convenience and comfort. Book your private tour before it’s gone!

10. 2026-03-01
    price $244,900 541-char remark

    Show marketing remark (541 chars)

    This charming 2,167 sq. ft. property delivers a functional and family-friendly layout with 3 spacious bedrooms and 2.5 baths, making everyday living feel effortless. The open-concept floor plan brings in plenty of natural light, complemented by brand-new tile flooring for a clean, modern aesthetic. Located in a highly connected neighborhood, you’ll be just minutes away from schools, retail, and popular dining options, perfect for anyone who values both convenience and comfort. Book your private tour before it’s gone!

11. 2026-01-26
    listed $259,000 Active 541-char remark

    Show marketing remark (541 chars)

    This charming 2,167 sq. ft. property delivers a functional and family-friendly layout with 3 spacious bedrooms and 2.5 baths, making everyday living feel effortless. The open-concept floor plan brings in plenty of natural light, complemented by brand-new tile flooring for a clean, modern aesthetic. Located in a highly connected neighborhood, you’ll be just minutes away from schools, retail, and popular dining options, perfect for anyone who values both convenience and comfort. Book your private tour before it’s gone!

12. 2023-01-06
    price $259,000
13. 2022-12-02
    price $269,000
14. 2022-11-09
    listed $274,000 Active
15. 2022-10-04
    price $274,000
16. 2022-08-12
    listed $279,000 Active
17. 2022-07-22
    listed $284,999 Active
18. 2018-06-05
    price $124,500
19. 2015-09-04
    soldstatus
20. 2015-08-28
    soldstatus Sold
21. 2015-07-17
    historical
22. 2015-07-17
    price $129,900
23. 2015-07-15
    listed $129,900 Active

ⓘ 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: $4,636 · $386/mo
• Projected year-2 tax: $4,636 · $386/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 ≥111°F today · 23 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,945
• − Mortgage interest: −$12,828
• − Property taxes: −$4,636
• − Insurance: −$1,145
• − Repairs & maintenance: −$2,076
• − Management: −$2,076
• − Depreciation: −$6,662
• Taxable loss: −$3,476
• Est. tax savings @ 24.0%: +$834
• After-tax cash flow: $1,139/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: Edinburg CISD
• NCES district ID: 4818180
• Math proficiency: 20% ▼ -34.00%
• Reading proficiency: 34% ▼ -11.00%
• Median HH income: $36,985
• Composite: 22.42/100
• National rank: #8114
• State rank: #699 of 826 in TX

Livability — Edinburg

• Score: 64/100
• State rank: #784
• US rank: #14319

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Edinburg, TX
• County: Hidalgo County · 623,128 people
• City population: 178,279
• Metro: McAllen-Edinburg-Mission, TX
• Population (ZIP): 37,168
• Household income: $66,967
• Rent vs Own: 45.1% rent · 54.9% own
• Severe rent burden: 1525.0

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 (85%)
• Race & ethnicity: Hispanic / Latino 85% Two or more races 45% White 10% Asian 4%
• Hispanic origin (detail): Mexican 77% Puerto Rican 1%
• Common ancestry: Lithuanian 1% Italian 1% Romanian 1%
• Foreign-born: 19% · Canada
• Languages at home: 32% English-only · Spanish 64% Tagalog/Filipino 2% Other Asian/Pacific 1%

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: ▼ -51.52%
• Current HPI: 211.4723
• Rent YoY: ▼ -0.52%
• Metro: McAllen-Edinburg-Mission, TX
• 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

+76.3% since first listed

16 events — show timeline

• 2026-04-04 Price Changed $229,000 MCALLENMLS
• 2026-03-19 Price Changed $239,000 MCALLENMLS
• 2026-03-01 Price Changed $244,900 MCALLENMLS
• 2026-01-26 Listed $259,000 MCALLENMLS
• 2023-01-06 Price Changed $259,000 MCALLENMLS
• 2022-12-02 Price Changed $269,000 MCALLENMLS
• 2022-11-09 Listed $274,000 MCALLENMLS
• 2022-10-04 Price Changed $274,000 MCALLENMLS
• 2022-08-12 Listed $279,000 MCALLENMLS
• 2022-07-22 Listed $284,999 MCALLENMLS
• 2018-06-05 Price Changed $124,500 MCALLENMLS
• 2015-09-04 Sold (Public Records) — Public Records
• 2015-08-28 Sold (MLS) — MCALLENMLS
• 2015-07-17 Delisted — MCALLENMLS
• 2015-07-17 Price Changed $129,900 MCALLENMLS
• 2015-07-15 Listed $129,900 MCALLENMLS

Property tax history

+4.0%/yr

Latest (2025): $4,636 · +5.5% YoY. Source: county tax records.