224 Hazen · Sinton, TX 78387

$92,400

2 bd · 1.0 ba · 840 sqft · SingleFamily public records · 207 Days on market

Built 1947 10,193 sqft lot $110/sqft · 29% below area Est $130k · 29% under

---

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
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +9.6/10.0
• Livability +3.2/5.0
• Schools +2.6/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Whether you’re hunting for a turnkey investment or your very first home, this well-maintained gem located in Sinton, San Patricio County, Texas is ready for you. This charming 2-bedroom, 1-bath residence features durable laminate flooring throughout and a bright, functional layout designed for easy living. Outside, you’ll find a detached garage for extra storage and a fully fenced backyard perfect for pets or play. The home comes "storm-ready" with custom pre-cut window boards, plus a recent survey and elevation certificate for total peace of mind. With a steady rental history and a prime location near schools and shopping, this property is a smart move in a growing market.

Key facts

• Storm ready
• Fenced backyard
• Conveniently located

Tags

• DETACHED GARAGE
• FENCED BACKYARD
• STORM READY
• CONVENIENTLY LOCATED

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $92k.

Deal economics

• At list price, monthly cash flow is $379 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $92k).
• Recommended offer: $81k (12.0% below list) — sets the bar for market timing.
• Cap rate 11.2% vs local median 3.8% in Sinton — 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 65/100 on livability (#667 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+, housing A-; Watch: schools F, amenities F, commute F.
• Sinton ISD (town): math 27% / reading 35% proficiency, ranked #601 of 826 in TX (top 73%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 67% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 160 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 344 units permitted in San Patricio County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $639 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• San Patricio County population projected at +27% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $26k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• It's been on market 207 days — a 12% lower offer ($81k) is reasonable based on typical stale-listing flexibility.
• 5 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

• Watch-outs: built in 1947 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $81,312 (12.0% below list)

Questions for the listing agent

1. It's been on market 207 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1947 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. 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: 1.46% ✓
• Cap rate: 11.22%
• Cash-on-cash: 17.58%
• DSCR: 1.78
• GRM: 5.7

CMA / ARV

• ARV (median comp): $130,203
• List price: $92,400
• Delta: -29.03%
• Verdict: UNDERPRICED
• Comps: 15 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
325 S Chiltipin St	0.43mi	3/1.5 (+1)	906 (+8%)	20mo	$135,000	$149	43

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 9.1%
• Equity multiple: 1.36×
• Total profit: $9,219
• Equity at exit: $13,777

10-year hold

• IRR: 18.3%
• Equity multiple: 2.52×
• Total profit: $39,318
• Equity at exit: $7,989

Cash invested: $25,872 (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 78387

• Active inventory: 160
• Price-to-rent: 5.7×

Monthly cashflow live

• Estimated rent: $1,350 medium
• Mortgage (P&I): −$485
• Tax from tax record: −$164 /mo · $1,969/yr
• Insurance: −$38
• HOA: −$0
• Vacancy / Maint / Mgmt: −$283
• Net cashflow: $379

Break-even live

Break-even rent $870

Max offer price $92,400

Occupancy floor 67%

Sensitivity live

Price	-10% $431	-5% $405	+0% $379	+5% $353	+10% $327
Rent	-10% $272	-5% $326	+0% $379	+5% $432	+10% $486
Rate	-1.0pp $426	-0.5pp $403	base $379	+0.5pp $355	+1.0pp $331

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: $23,100
• Closing costs: $2,772
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
804 Avenue B St Unit B Sinton, TX	3.0	2.0	1092	$1,750	$1.60	21d	1	0.99mi
924 Flores St Sinton, TX	1.0	1.0	700	$864	$1.23	44d	1	1.30mi

Listing history 28 events

1. 2026-06-21
   days on market $92,400 Active 207 DOM
2. 2026-06-18
   days on market $92,400 Active 205 DOM
3. 2026-06-17
   days on market $92,400 Active 204 DOM
4. 2026-06-16
   days on market $92,400 Active 203 DOM
5. 2026-06-15
   days on market $92,400 Active 202 DOM
6. 2026-06-15
   days on market $92,400 Active 201 DOM
7. 2026-06-13
   days on market $92,400 Active 200 DOM
8. 2026-06-12
   days on market $92,400 Active 199 DOM
9. 2026-06-09
   days on market $92,400 Active 196 DOM
10. 2026-06-08
    days on market $92,400 Active 195 DOM
11. 2026-06-08
    days on market $92,400 Active 194 DOM
12. 2026-06-05
    days on market $92,400 Active 192 DOM
13. 2026-06-03
    days on market $92,400 Active 190 DOM
14. 2026-06-02
    days on market $92,400 Active 189 DOM
15. 2026-06-01
    days on market $92,400 Active 188 DOM
16. 2026-05-31
    days on market $92,400 Active 187 DOM
17. 2026-04-24
    status Active 704-char remark

    Show marketing remark (692 chars)

    Whether you're hunting for a turnkey investment or your very first home, this well-maintained gem located in Sinton, San Patricio County, Texas is ready for you. This charming 2-bedroom, 1-bath residence features durable laminate flooring throughout and a bright, functional layout designed for easy living. Outside, you'll find a detached garage for extra storage and a fully fenced backyard perfect for pets or play. The home comes "storm-ready" with custom pre-cut window boards, plus a recent survey and elevation certificate for total peace of mind. With a steady rental history and a prime location near schools and shopping, this property is a smart move in a growing market.

18. 2026-04-24
    status Back on Market 692-char remark

    Show marketing remark (692 chars)

    Whether you're hunting for a turnkey investment or your very first home, this well-maintained gem located in Sinton, San Patricio County, Texas is ready for you. This charming 2-bedroom, 1-bath residence features durable laminate flooring throughout and a bright, functional layout designed for easy living. Outside, you'll find a detached garage for extra storage and a fully fenced backyard perfect for pets or play. The home comes "storm-ready" with custom pre-cut window boards, plus a recent survey and elevation certificate for total peace of mind. With a steady rental history and a prime location near schools and shopping, this property is a smart move in a growing market.

19. 2026-04-05
    status Pending 692-char remark

    Show marketing remark (704 chars)

    Whether you’re hunting for a turnkey investment or your very first home, this well-maintained gem located in Sinton, San Patricio County, Texas is ready for you. This charming 2-bedroom, 1-bath residence features durable laminate flooring throughout and a bright, functional layout designed for easy living. Outside, you’ll find a detached garage for extra storage and a fully fenced backyard perfect for pets or play. The home comes "storm-ready" with custom pre-cut window boards, plus a recent survey and elevation certificate for total peace of mind. With a steady rental history and a prime location near schools and shopping, this property is a smart move in a growing market.

20. 2026-04-05
    status Pending 704-char remark

    Show marketing remark (704 chars)

    Whether you’re hunting for a turnkey investment or your very first home, this well-maintained gem located in Sinton, San Patricio County, Texas is ready for you. This charming 2-bedroom, 1-bath residence features durable laminate flooring throughout and a bright, functional layout designed for easy living. Outside, you’ll find a detached garage for extra storage and a fully fenced backyard perfect for pets or play. The home comes "storm-ready" with custom pre-cut window boards, plus a recent survey and elevation certificate for total peace of mind. With a steady rental history and a prime location near schools and shopping, this property is a smart move in a growing market.

21. 2026-03-26
    historical 704-char remark

    Show marketing remark (692 chars)

    Whether you're hunting for a turnkey investment or your very first home, this well-maintained gem located in Sinton, San Patricio County, Texas is ready for you. This charming 2-bedroom, 1-bath residence features durable laminate flooring throughout and a bright, functional layout designed for easy living. Outside, you'll find a detached garage for extra storage and a fully fenced backyard perfect for pets or play. The home comes "storm-ready" with custom pre-cut window boards, plus a recent survey and elevation certificate for total peace of mind. With a steady rental history and a prime location near schools and shopping, this property is a smart move in a growing market.

22. 2026-03-26
    historical Active Option 692-char remark

    Show marketing remark (692 chars)

    Whether you're hunting for a turnkey investment or your very first home, this well-maintained gem located in Sinton, San Patricio County, Texas is ready for you. This charming 2-bedroom, 1-bath residence features durable laminate flooring throughout and a bright, functional layout designed for easy living. Outside, you'll find a detached garage for extra storage and a fully fenced backyard perfect for pets or play. The home comes "storm-ready" with custom pre-cut window boards, plus a recent survey and elevation certificate for total peace of mind. With a steady rental history and a prime location near schools and shopping, this property is a smart move in a growing market.

23. 2025-11-18
    status Active 704-char remark

    Show marketing remark (704 chars)

    Whether you’re hunting for a turnkey investment or your very first home, this well-maintained gem located in Sinton, San Patricio County, Texas is ready for you. This charming 2-bedroom, 1-bath residence features durable laminate flooring throughout and a bright, functional layout designed for easy living. Outside, you’ll find a detached garage for extra storage and a fully fenced backyard perfect for pets or play. The home comes "storm-ready" with custom pre-cut window boards, plus a recent survey and elevation certificate for total peace of mind. With a steady rental history and a prime location near schools and shopping, this property is a smart move in a growing market.

24. 2025-11-06
    listed $92,400 New 692-char remark

    Show marketing remark (692 chars)

    Whether you're hunting for a turnkey investment or your very first home, this well-maintained gem located in Sinton, San Patricio County, Texas is ready for you. This charming 2-bedroom, 1-bath residence features durable laminate flooring throughout and a bright, functional layout designed for easy living. Outside, you'll find a detached garage for extra storage and a fully fenced backyard perfect for pets or play. The home comes "storm-ready" with custom pre-cut window boards, plus a recent survey and elevation certificate for total peace of mind. With a steady rental history and a prime location near schools and shopping, this property is a smart move in a growing market.

25. 2025-11-01
    listed $92,400 Active 704-char remark

    Show marketing remark (704 chars)

    Whether you’re hunting for a turnkey investment or your very first home, this well-maintained gem located in Sinton, San Patricio County, Texas is ready for you. This charming 2-bedroom, 1-bath residence features durable laminate flooring throughout and a bright, functional layout designed for easy living. Outside, you’ll find a detached garage for extra storage and a fully fenced backyard perfect for pets or play. The home comes "storm-ready" with custom pre-cut window boards, plus a recent survey and elevation certificate for total peace of mind. With a steady rental history and a prime location near schools and shopping, this property is a smart move in a growing market.

26. 2024-04-26
    soldstatus
27. 2022-09-28
    soldstatus
28. 2006-06-29
    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: $1,969 · $164/mo
• Projected year-2 tax: $1,969 · $164/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

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

Taxation est. · year 1

• Rental income: $16,195
• − Mortgage interest: −$5,176
• − Property taxes: −$1,969
• − Insurance: −$462
• − Repairs & maintenance: −$1,296
• − Management: −$1,296
• − Depreciation: −$2,688
• Taxable income: $3,309
• Est. tax owed @ 24.0%: −$794
• After-tax cash flow: $3,754/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: Sinton ISD
• NCES district ID: 4840350
• Math proficiency: 27% ▼ -19.00%
• Reading proficiency: 35% ▼ -3.00%
• Median HH income: $44,618
• Composite: 26.49/100
• National rank: #7208
• State rank: #601 of 826 in TX

Livability — Sinton

• Score: 65/100
• State rank: #667
• US rank: #12510

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Sinton, TX
• Population (ZIP): 9,604

Population outlook (San Patricio County) Hauer SSP2

• Today (2025): 75,538 people
• By 2030: 79,575 · +5.3%
• By 2040: 87,670 · +16.1%
• By 2050: 96,107 · +27.2%
• By 2075: 117,984 · +56.2%
• By 2100: 130,010 · +72.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Hispanic (71%)
• Race & ethnicity: Hispanic / Latino 71% Two or more races 33% White 25% Black 2%
• Hispanic origin (detail): Mexican 64%
• Common ancestry: Lithuanian 1%
• Foreign-born: 2% · Canada
• Languages at home: 62% English-only · Spanish 38%

Political lean MEDSL · San Patricio

• 2024 margin: Solid R (+36.4) · D 31.4% · R 67.8%
• 2008→2024 swing: -19.8pp toward R · 2008: -16.6pp · 2024: -36.4pp
• All cycles: 2024: R+36.4 2020: R+29.1 2016: R+24.1 2012: R+20.6 2008: R+16.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -81.32%
• Current HPI: 149.9517
• 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

12 events — show timeline

• 2026-04-24 Relisted — CBMLS
• 2026-04-24 Relisted — LERA
• 2026-04-05 Pending — LERA
• 2026-04-05 Pending — CBMLS
• 2026-03-26 Delisted — CBMLS
• 2026-03-26 Contingent — LERA
• 2025-11-18 Relisted — CBMLS
• 2025-11-06 Listed $92,400 LERA
• 2025-11-01 Listed $92,400 CBMLS
• 2024-04-26 Sold (Public Records) — Public Records
• 2022-09-28 Sold (Public Records) — Public Records
• 2006-06-29 Sold (Public Records) — Public Records

Property tax history

-4.0%/yr

Latest (2025): $1,969 · -45.7% YoY. Source: county tax records.