500 Q · Del Rio, TX 78840

$156,000

3 bd · 2.0 ba · 1,312 sqft · SingleFamily · 26 Days on market

Built 1995 8,276 sqft lot Est $123k · 26% over

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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 +14.5/30.0
• DSCR +4.4/10.0
• 1% rule +4.0/10.0
• Livability +3.5/5.0
• Rent growth +2.9/5.0
• Condition / age +2.5/5.0
• Schools +2.4/10.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks

HUD Home For Sale in Del Rio, TX. Case # 514-159422. This home offers 3 bedrooms, 2 full bathrooms, , living area, dining area, kitchen, and more features. Approximately 1312 SF of living area. HUD homes are SOLD AS IS. Exclusive agency. Contact the Listing broker or www. hudhomestore. gov for more information. This corner property intersects with Avenue Q and W 3rd St.

Key facts

• Corner property
• 8,276 sq ft lot
• Built 1995

Tags

• CORNER PROPERTY
• INTERSECTS WITH AVENUE Q
• INTERSECTS WITH W 3RD ST

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $156k.

Deal economics

• At list price, monthly cash flow is $34 ($413/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 $141k (9.7% below list).
• Recommended offer: $141k (9.7% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 70/100 on livability (#349 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A-; Watch: health & safety C-, employment D+, amenities F.
• San Felipe-Del Rio CISD (town): math 25% / reading 32% proficiency, ranked #667 of 826 in TX (top 81%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 70% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: North Heights El (math 21% / reading 30%, grade F, #2,982 of 4,322 statewide, top 70%, 539 students, 83% FRL); Del Rio Middle (math 26% / reading 43%, grade F, #858 of 1,662 statewide, top 54%, 1,478 students, 74% FRL); Del Rio H S (math 27% / reading 30%, grade F, #1,157 of 1,632 statewide, top 72%, 2,470 students, 65% FRL) — zoned schools at 74% FRL track the district average.
• Market conditions: Rents rising (+1.6%/yr); 555 active listings in the ZIP; 17 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; 85 units permitted in Val Verde County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Val Verde County population projected to shrink 9% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• It's been on market 26 days — a 2% lower offer ($154k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: major wildfire risk; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $140,823 (9.7% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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?
3. 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?
4. 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.
5. 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.
6. 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: 0.90% ✗
• Cap rate: 6.56%
• Cash-on-cash: 0.95%
• DSCR: 1.04
• GRM: 9.2

CMA / ARV

• ARV (on-the-fly): $123,328
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
301 Saint Joseph St	0.60mi	3/2.0	1,290 (-2%)	7mo	$120,780	$94	64

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 · 1.55% rent growth · sell at horizon

5-year hold

• IRR: -16.4%
• Equity multiple: 0.43×
• Total profit: $-25,091
• Equity at exit: $23,260

10-year hold

• IRR: -11.0%
• Equity multiple: 0.38×
• Total profit: $-27,011
• Equity at exit: $13,488

Cash invested: $43,680 (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 78840

• Home prices YoY: -33.6%
• Rents YoY: 1.6%
• Active inventory: 555
• Price-to-rent: 9.2×

Monthly cashflow live

• Estimated rent: $1,408 high
• Mortgage (P&I): −$818
• Tax est. 1.5%: −$195 /mo · $2,340/yr
• Insurance: −$65
• HOA: −$0
• Vacancy / Maint / Mgmt: −$296
• Net cashflow: $34

Break-even live

Break-even rent $1,365

Max offer price $156,000

Occupancy floor 93%

Sensitivity live

Price	-10% $142	-5% $88	+0% $34	+5% $-19	+10% $-73
Rent	-10% $-77	-5% $-21	+0% $34	+5% $90	+10% $146
Rate	-1.0pp $113	-0.5pp $74	base $34	+0.5pp $-6	+1.0pp $-47

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: $39,000
• Closing costs: $4,680
• Reserves months: —
• Total cash needed: —

Rent comps 17 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
504 Avenue V Del Rio, TX	3.0	2.0	1196	$1,350	$1.13	45d	1	0.44mi
502 W Dignowity St Del Rio, TX	2.0	1.0	946	$900	$0.95	45d	1	0.47mi
401 Saint Joseph St Del Rio, TX	3.0	2.0	1302	$1,700	$1.31	45d	1	0.59mi
105 Saint Joseph St Del Rio, TX	3.0	2.0	1318	$1,600	$1.21	45d	1	0.64mi
604 E 2nd St Del Rio, TX	2.0	1.0	1350	$1,050	$0.78	45d	1	0.67mi
603 E 8th St Del Rio, TX	2.0	2.0	1350	$1,200	$0.89	45d	1	0.71mi
410 Pulliam St Del Rio, TX	3.0	2.0	1700	$1,800	$1.06	45d	1	0.90mi
1104 N Bedell Ave Unit A Del Rio, TX	2.0	1.0	997	$950	$0.95	45d	1	1.04mi
113 Long Dr Del Rio, TX	2.0	1.0	1100	$1,300	$1.18	45d	1	1.21mi
405 N Bedell Ave Del Rio, TX	2.0–3.0	1.0–2.0	940	$1,050	$1.12	45d	4	1.22mi
224 Highland St Del Rio, TX	4.0	2.0	1751	$1,250	$0.71	45d	1	1.23mi
203 Kennedy Dr Del Rio, TX	3.0	2.0	1215	$1,350	$1.11	45d	1	1.26mi
219 Avondale St Del Rio, TX	2.0	1.0–2.0	850	$875	$1.03	45d	1	1.31mi
113 Ramon Cardenas Dr Unit B Del Rio, TX	2.0	2.0	1400	$1,200	$0.86	45d	1	1.34mi
105 Rockwell Way Unit 3 Del Rio, TX	3.0	2.0	1100	$925	$0.84	45d	1	1.37mi
105 Margaret Ln Del Rio, TX	3.0	3.0	1613	$1,650	$1.02	45d	1	1.42mi
100 Royal Way Dr Del Rio, TX	3.0	2.0	1465	$1,200	$0.82	45d	1	1.45mi

Listing history 2 events

1. 2025-04-09
   status Pending
2. 2025-03-13
   listed $156,000 Active

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 6/10 Major
• 🌡 Heat 8/10 Severe 7 d/yr ≥108°F today · 24 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 12% 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: $16,899
• − Mortgage interest: −$8,738
• − Property taxes: −$2,340
• − Insurance: −$780
• − Repairs & maintenance: −$1,352
• − Management: −$1,352
• − Depreciation: −$4,538
• Taxable loss: −$2,202
• Est. tax savings @ 24.0%: +$528
• After-tax cash flow: $941/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: San Felipe-Del Rio CISD
• NCES district ID: 4838900
• Math proficiency: 25% ▼ -18.00%
• Reading proficiency: 32% ▼ -5.00%
• Median HH income: $40,582
• Composite: 24.04/100
• National rank: #7766
• State rank: #667 of 826 in TX

Livability — Del Rio

• Score: 70/100
• State rank: #349
• US rank: #7531

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Del Rio, TX
• County: Val Verde County · 47,256 people
• City population: 47,256
• Metro: Del Rio, TX
• Population (ZIP): 47,256
• Household income: $66,084
• Rent vs Own: 31.1% rent · 68.9% own
• Severe rent burden: 1111.0

Population outlook (Val Verde County) Hauer SSP2

• Today (2025): 48,073 people
• By 2030: 47,468 · -1.3%
• By 2040: 45,930 · -4.5%
• By 2050: 43,904 · -8.7%
• By 2075: 38,126 · -20.7%
• By 2100: 26,217 · -45.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Hispanic (82%)
• Race & ethnicity: Hispanic / Latino 82% Two or more races 24% White 15% Black 1%
• Hispanic origin (detail): Mexican 75%
• Common ancestry: Italian 1% Lithuanian 1% Slovak 1%
• Foreign-born: 19% · Canada
• Languages at home: 36% English-only · Spanish 63%

Political lean MEDSL · Val Verde

• 2024 margin: Strong R (+26.6) · D 36.2% · R 62.9%
• 2008→2024 swing: -36.2pp toward R · 2008: 9.6pp · 2024: -26.6pp
• All cycles: 2024: R+26.6 2020: R+9.9 2016: D+7.9 2012: D+5.4 2008: D+9.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -81.95%
• Current HPI: 161.762
• Rent YoY: ▲ 1.55%
• Metro: Del Rio, 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

2 events — show timeline

• 2025-04-09 Pending — DRBORMLS
• 2025-03-13 Listed $156,000 DRBORMLS