1927 South Park Dr · Kingsville, TX 78363

$187,900

4 bd · 2.0 ba · 1,896 sqft · SingleFamily public records · 5 Days on market

Built 1969 0.52 ac lot $99/sqft · 13% below area Est $217k · 13% under ↓ 13% since listing

---

Why this score? — see what drove the C- 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 +17.2/30.0
• ARV discount +13.5/15.0
• 1% rule +6.4/10.0
• DSCR +5.4/10.0
• Rent growth +4.3/5.0
• Livability +3.5/5.0
• Condition / age +2.5/5.0
• Schools +1.5/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

This centrally located, 4-bedroom, 2 full bath home is nestled on a private horseshoe-shaped road and offers endless potential! Sitting on a spacious half-acre lot, it features a large backyard perfect for gatherings, entertaining, adding a pool, or enjoying outdoor activities. Inside, the master bedroom is conveniently located downstairs, along with a roomy living area, a well-sized kitchen with a gas range, cozy breakfast nook, and a formal living/dining space. Upstairs, you'll find three additional bedrooms and a full bathroom with dual sinks. With so much to offer, this home is a must-see—schedule your showing today!

Key facts

• Well-sized kitchen
• Cozy breakfast nook
• Large backyard

Tags

• SPACIOUS HALF-ACRE LOT
• LARGE BACKYARD
• MASTER BEDROOM DOWNSTAIRS
• WELL-SIZED KITCHEN
• GAS RANGE
• COZY BREAKFAST NOOK

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $188k.

Deal economics

• At list price, monthly cash flow is $134 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $188k).
• Cap rate 7.2% vs local median 5.4% in Kingsville — 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 70/100 on livability (#364 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: schools D+, employment D, amenities F.
• Kingsville ISD (town): math 13% / reading 22% proficiency, ranked #800 of 826 in TX (top 97%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 71% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+7.2%/yr); 216 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 24 units permitted in Kleberg County in 2024 (0 in 5+ unit buildings).
• This rent runs 43% of the median local income ($61k/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 $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
• Kleberg County population projected at +9% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 7.2% rent growth), your $53k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• Only 5 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts; this cycle's ask has dropped $42k (18%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: property tax is 3.2% of price.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $187,900

Questions for the listing agent

1. Built in 1969 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
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. 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.
6. 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.
7. 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: 1.14% ✓
• Cap rate: 7.15%
• Cash-on-cash: 3.07%
• DSCR: 1.14
• GRM: 7.3

CMA / ARV

• ARV (median comp): $216,638
• List price: $187,900
• Delta: -7.73%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
304 Elizabeth Ave	0.30mi	4/2.5	1,890 (-0%)	3mo	$270,000	$143	81
218 Otis St	0.23mi	3/2.0 (-1)	1,898 (+0%)	6mo	$190,000	$100	79
235 N Pasadena Dr	0.34mi	4/2.0	1,770 (-7%)	4mo	$176,400	$100	70
412 E Miller	0.40mi	4/2.5	1,900 (+0%)	13mo	$215,000	$113	68
1115 Elizabeth	0.55mi	4/2.0	1,942 (+2%)	13mo	$295,000	$152	60
1720 Lawndale Dr	0.57mi	4/2.5	1,816 (-4%)	7mo	$99,900	$55	59
2205 Las Palmas Dr	0.20mi	3/2.0 (-1)	1,651 (-13%)	9mo	$249,900	$151	56
217 Lemonwood Dr	0.54mi	4/2.0	1,721 (-9%)	12mo	$297,000	$173	49
1213 Palm Ave	0.69mi	3/2.0 (-1)	1,770 (-7%)	4mo	$249,999	$141	48
1101 Elizabeth Ave	0.52mi	3/2.0 (-1)	1,660 (-12%)	2mo	$220,000	$133	48
803 E Ragland Ave	0.66mi	3/2.0 (-1)	2,063 (+9%)	11mo	$42,500	$21	40
1908 Bilvan	0.73mi	3/2.0 (-1)	1,725 (-9%)	16mo	$265,000	$154	33

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 · 7.18% rent growth · sell at horizon

5-year hold

• IRR: -6.0%
• Equity multiple: 0.77×
• Total profit: $-12,275
• Equity at exit: $28,017

10-year hold

• IRR: 8.8%
• Equity multiple: 1.82×
• Total profit: $43,257
• Equity at exit: $16,246

Cash invested: $52,612 (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 78363

• Rents YoY: 7.2%
• Active inventory: 216
• Price-to-rent: 7.3×

Monthly cashflow live

• Estimated rent: $2,149 medium
• Mortgage (P&I): −$985
• Tax from tax record: −$500 /mo · $5,996/yr
• Insurance: −$78
• HOA: −$0
• Vacancy / Maint / Mgmt: −$451
• Net cashflow: $134

Break-even live

Break-even rent $1,979

Max offer price $187,900

Occupancy floor 89%

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: $46,975
• Closing costs: $5,637
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1342 Virginia Ave Kingsville, TX	3.0	2.0	1764	$2,500	$1.42	21d	1	1.10mi
1107 E Kenedy Ave Kingsville, TX	3.0	2.5	1526	$2,300	$1.51	21d	1	1.23mi
915 S 23rd St Kingsville, TX	3.0	2.0	1713	$1,900	$1.11	14d	1	1.31mi
2007 Margaret Ln Kingsville, TX	3.0	2.0	1520	$1,875	$1.23	21d	1	1.35mi

Listing history 17 events

1. 2026-06-19
   days on market $187,900 Active 5 DOM
2. 2026-06-18
   days on market $187,900 Active 4 DOM
3. 2026-06-17
   days on market $187,900 Active 3 DOM
4. 2026-06-16
   days on market $187,900 Active 2 DOM
5. 2026-06-15
   pricedays on marketlisting id $187,900 Active 1 DOM
6. 2026-05-31
   days on market $199,900 Active 189 DOM
7. 2026-05-30
   days on market $199,900 Active 188 DOM
8. 2026-02-22
   status Active 634-char remark

   Show marketing remark (634 chars)

   This centrally located, 4-bedroom, 2 full bath home is nestled on a private horseshoe-shaped road and offers endless potential! Sitting on a spacious half-acre lot, it features a large backyard perfect for gatherings, entertaining, adding a pool, or enjoying outdoor activities. Inside, the master bedroom is conveniently located downstairs, along with a roomy living area, a well-sized kitchen with a gas range, cozy breakfast nook, and a formal living/dining space. Upstairs, you'll find three additional bedrooms and a full bathroom with dual sinks. With so much to offer, this home is a must-see—schedule your showing today!

9. 2026-02-04
   status Pending 634-char remark

   Show marketing remark (634 chars)

   This centrally located, 4-bedroom, 2 full bath home is nestled on a private horseshoe-shaped road and offers endless potential! Sitting on a spacious half-acre lot, it features a large backyard perfect for gatherings, entertaining, adding a pool, or enjoying outdoor activities. Inside, the master bedroom is conveniently located downstairs, along with a roomy living area, a well-sized kitchen with a gas range, cozy breakfast nook, and a formal living/dining space. Upstairs, you'll find three additional bedrooms and a full bathroom with dual sinks. With so much to offer, this home is a must-see—schedule your showing today!

10. 2026-01-24
    historical 634-char remark

    Show marketing remark (634 chars)

    This centrally located, 4-bedroom, 2 full bath home is nestled on a private horseshoe-shaped road and offers endless potential! Sitting on a spacious half-acre lot, it features a large backyard perfect for gatherings, entertaining, adding a pool, or enjoying outdoor activities. Inside, the master bedroom is conveniently located downstairs, along with a roomy living area, a well-sized kitchen with a gas range, cozy breakfast nook, and a formal living/dining space. Upstairs, you'll find three additional bedrooms and a full bathroom with dual sinks. With so much to offer, this home is a must-see—schedule your showing today!

11. 2026-01-07
    status Active 634-char remark

    Show marketing remark (634 chars)

    This centrally located, 4-bedroom, 2 full bath home is nestled on a private horseshoe-shaped road and offers endless potential! Sitting on a spacious half-acre lot, it features a large backyard perfect for gatherings, entertaining, adding a pool, or enjoying outdoor activities. Inside, the master bedroom is conveniently located downstairs, along with a roomy living area, a well-sized kitchen with a gas range, cozy breakfast nook, and a formal living/dining space. Upstairs, you'll find three additional bedrooms and a full bathroom with dual sinks. With so much to offer, this home is a must-see—schedule your showing today!

12. 2025-11-30
    status Pending 634-char remark

    Show marketing remark (634 chars)

    This centrally located, 4-bedroom, 2 full bath home is nestled on a private horseshoe-shaped road and offers endless potential! Sitting on a spacious half-acre lot, it features a large backyard perfect for gatherings, entertaining, adding a pool, or enjoying outdoor activities. Inside, the master bedroom is conveniently located downstairs, along with a roomy living area, a well-sized kitchen with a gas range, cozy breakfast nook, and a formal living/dining space. Upstairs, you'll find three additional bedrooms and a full bathroom with dual sinks. With so much to offer, this home is a must-see—schedule your showing today!

13. 2025-11-20
    historical 634-char remark

    Show marketing remark (634 chars)

    This centrally located, 4-bedroom, 2 full bath home is nestled on a private horseshoe-shaped road and offers endless potential! Sitting on a spacious half-acre lot, it features a large backyard perfect for gatherings, entertaining, adding a pool, or enjoying outdoor activities. Inside, the master bedroom is conveniently located downstairs, along with a roomy living area, a well-sized kitchen with a gas range, cozy breakfast nook, and a formal living/dining space. Upstairs, you'll find three additional bedrooms and a full bathroom with dual sinks. With so much to offer, this home is a must-see—schedule your showing today!

14. 2025-10-04
    price $199,900 634-char remark

    Show marketing remark (634 chars)

    This centrally located, 4-bedroom, 2 full bath home is nestled on a private horseshoe-shaped road and offers endless potential! Sitting on a spacious half-acre lot, it features a large backyard perfect for gatherings, entertaining, adding a pool, or enjoying outdoor activities. Inside, the master bedroom is conveniently located downstairs, along with a roomy living area, a well-sized kitchen with a gas range, cozy breakfast nook, and a formal living/dining space. Upstairs, you'll find three additional bedrooms and a full bathroom with dual sinks. With so much to offer, this home is a must-see—schedule your showing today!

15. 2025-09-05
    listed $229,900 Active 634-char remark

    Show marketing remark (634 chars)

    This centrally located, 4-bedroom, 2 full bath home is nestled on a private horseshoe-shaped road and offers endless potential! Sitting on a spacious half-acre lot, it features a large backyard perfect for gatherings, entertaining, adding a pool, or enjoying outdoor activities. Inside, the master bedroom is conveniently located downstairs, along with a roomy living area, a well-sized kitchen with a gas range, cozy breakfast nook, and a formal living/dining space. Upstairs, you'll find three additional bedrooms and a full bathroom with dual sinks. With so much to offer, this home is a must-see—schedule your showing today!

16. 2012-06-04
    soldstatus
17. 1999-06-04
    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: $5,996 · $500/mo
• Projected year-2 tax: $5,996 · $500/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 (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 9/10 Extreme 7 d/yr ≥111°F today · 21 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 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: $25,788
• − Mortgage interest: −$10,525
• − Property taxes: −$5,996
• − Insurance: −$940
• − Repairs & maintenance: −$2,063
• − Management: −$2,063
• − Depreciation: −$5,466
• Taxable loss: −$1,265
• Est. tax savings @ 24.0%: +$304
• After-tax cash flow: $1,916/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: Kingsville ISD
• NCES district ID: 4825680
• Math proficiency: 13% ▼ -22.00%
• Reading proficiency: 22% ▼ -7.00%
• Median HH income: $36,308
• Composite: 14.5/100
• National rank: #9425
• State rank: #800 of 826 in TX

Livability — Kingsville

• Score: 70/100
• State rank: #364
• US rank: #7787

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Kingsville, TX
• County: Kleberg County · 28,920 people
• City population: 28,920
• Metro: Kingsville, TX
• Population (ZIP): 28,920
• Household income: $60,574
• Rent vs Own: 49.3% rent · 50.7% own
• Severe rent burden: 1663.0

Population outlook (Kleberg County) Hauer SSP2

• Today (2025): 31,615 people
• By 2030: 32,054 · +1.4%
• By 2040: 33,008 · +4.4%
• By 2050: 34,536 · +9.2%
• By 2075: 40,931 · +29.5%
• By 2100: 46,001 · +45.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Hispanic (72%)
• Race & ethnicity: Hispanic / Latino 72% Two or more races 36% White 20% Black 3% Asian 1% Native American 1%
• Hispanic origin (detail): Mexican 67%
• Common ancestry: Italian 2% Slovak 1% Portuguese 1%
• Foreign-born: 7% · Canada, China
• Languages at home: 65% English-only · Spanish 32% Other Indo-European 1%

Political lean MEDSL · Kleberg

• 2024 margin: R (+12.7) · D 43.3% · R 56.1%
• 2008→2024 swing: -20.0pp toward R · 2008: 7.2pp · 2024: -12.7pp
• All cycles: 2024: R+12.7 2020: R+1.7 2016: D+3.7 2012: D+7.8 2008: D+7.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -87.12%
• Current HPI: 147.6473
• Rent YoY: ▲ 7.18%
• Metro: Kingsville, 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

-13.0% since first listed

10 events — show timeline

• 2026-02-22 Relisted — CBMLS
• 2026-02-04 Pending — CBMLS
• 2026-01-24 Delisted — CBMLS
• 2026-01-07 Relisted — CBMLS
• 2025-11-30 Pending — CBMLS
• 2025-11-20 Delisted — CBMLS
• 2025-10-04 Price Changed $199,900 CBMLS
• 2025-09-05 Listed $229,900 CBMLS
• 2012-06-04 Sold (Public Records) — Public Records
• 1999-06-04 Sold (Public Records) — Public Records

Property tax history

+2.7%/yr

Latest (2025): $5,996 · +19.7% YoY. Source: county tax records.