673 Santa Fe St · Brownsville, TX 78521

$90,000

3 bd · 2.0 ba · 896 sqft · SingleFamily public records · 129 Days on market

Built 1980 Fair condition 0.29 ac lot $100/sqft · 33% below area Est $134k · 33% under ↓ 9% 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 +29.9/30.0
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +9.5/10.0
• Rent growth +4.5/5.0
• Livability +4.0/5.0
• Schools +2.8/10.0
• Condition / age +2.2/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

673 Santa Fe St, Brownsville, TX 78521, Great investment opportunity in Brownsville! Located at 673 Santa Fe St, this 896 sq ft The home features a practical layout and manageable size, making it an attractive low-maintenance property. Conveniently located **near an elementary school**, as well as local shopping, restaurants, and major roads, the property offers easy access to everyday amenities. Its location and size make it appealing for both tenants and buyers seeking a cozy home. Whether you're looking to **expand your investment portfolio** or purchase a **small home in an established neighborhood**, this property offers great potential.

Key facts

• Easy access
• Tenant occupied
• Local shopping

Tags

• INVESTMENT OPPORTUNITY
• TENANT OCCUPIED
• NEAR AN ELEMENTARY SCHOOL
• LOCAL SHOPPING
• EASY ACCESS

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $90k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $334 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $90k).
• Recommended offer: $79k (12.0% below list) — sets the bar for market timing.
• Cap rate 10.7% vs local median 5.2% in Brownsville — 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 79/100 on livability (#62 in TX, #2,311 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: amenities D, crime D-, employment F.
• Brownsville ISD (urban): math 20% / reading 34% proficiency, ranked #710 of 826 in TX (top 86%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 83% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Garza El (math 32% / reading 32%, grade F, #2,268 of 4,322 statewide, top 55%, 238 students, 99% FRL); Besteiro Middle (math 14% / reading 28%, grade F, #1,387 of 1,662 statewide, top 85%, 575 students, 98% FRL); Lopez Early College H S (math 20% / reading 39%, grade F, #1,112 of 1,632 statewide, top 70%, 1,831 students, 95% FRL).
• Market conditions: Rents rising fast (+8.2%/yr); 633 active listings in the ZIP; 14 comparable units currently listed for rent nearby; rentals lingering (median 162d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 57% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 2,326 units permitted in Cameron County in 2024 (503 in 5+ unit buildings).
• This rent runs 35% of the median local income ($45k/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 $622 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Cameron County population projected at +3% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 8.0% rent growth), your $25k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 129 days — a 12% lower offer ($79k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→26/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $79,200 (12.0% below list)

Questions for the listing agent

1. It's been on market 129 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. 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. Crime grade is D 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?
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: 1.45% ✓
• Cap rate: 10.74%
• Cash-on-cash: 15.88%
• DSCR: 1.71
• GRM: 5.8

CMA / ARV

• ARV (median comp): $134,000
• List price: $90,000
• Delta: -32.84%
• Verdict: UNDERPRICED
• Comps: 3 within 1.0 mi

Show comp detail 8 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1834 Victoria Dr	0.89mi	3/1.0	926 (+3%)	2mo	$134,000	$145	53
6274 Monte Bonito Dr	2.08mi	3/1.0	925 (+3%)	10mo	$160,000	$173	47
3013 Alameda Dr	0.98mi	3/1.0	888 (-1%)	17mo	$90,000	$101	45
155 Sunrise Ln	1.81mi	3/2.0	1,162 (+30%)	5mo	$180,000	$155	36
6674 Monte Bello Cir	2.06mi	4/3.0 (+1)	1,157 (+29%)	4mo	$128,000	$111	28
1949 La Posada Dr	0.93mi	3/1.0	999 (+12%)	46mo	$129,000	$129	22
4518 Del Dr	0.84mi	2/1.0 (-1)	813 (-9%)	28mo	$129,900	$160	21
4508 Palma Blanca Dr	0.98mi	3/2.0	1,121 (+25%)	41mo	$180,000	$161	20

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 · 8.0% rent growth · sell at horizon

5-year hold

• IRR: 12.7%
• Equity multiple: 1.54×
• Total profit: $13,613
• Equity at exit: $13,419

10-year hold

• IRR: 25.5%
• Equity multiple: 3.81×
• Total profit: $70,822
• Equity at exit: $7,782

Cash invested: $25,200 (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: 16 active · 4 under contract
• Months of supply: 96.0 mo (1%/mo absorbed)
• Median asking: $142,500 ($162/sqft)
• Median days on market: 29 d
• This list price: 12% of active listings are priced below it
• ARV vs active asking: -7.5% vs current asking $/sqft

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

ZIP-level market 78521

• Home prices YoY: -26.0%
• Rents YoY: 8.2%
• Active inventory: 633
• Price-to-rent: 5.8×

Monthly cashflow live

• Estimated rent: $1,303 high
• Mortgage (P&I): −$472
• Tax from tax record: −$187 /mo · $2,239/yr
• Insurance: −$38
• HOA: −$0
• Vacancy / Maint / Mgmt: −$274
• Net cashflow: $334

Break-even live

Break-even rent $881

Max offer price $90,000

Occupancy floor 69%

Sensitivity live

Price	-10% $385	-5% $359	+0% $334	+5% $308	+10% $283
Rent	-10% $231	-5% $282	+0% $334	+5% $385	+10% $437
Rate	-1.0pp $379	-0.5pp $356	base $334	+0.5pp $310	+1.0pp $287

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: $22,500
• Closing costs: $2,700
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 14 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4995 Alexa Rd Unit B Brownsville, TX	3.0	2.0	1063	$1,750	$1.65	184d	1	0.69mi
5430 Villa del Angeles Brownsville, TX	3.0	2.0	1060	$1,500	$1.42	29d	1	0.71mi
2954 Impala Dr Brownsville, TX	2.0	2.0	800	$1,200	$1.50	184d	1	0.81mi
1919 Taxco Dr Brownsville, TX	3.0	1.0	1024	$1,300	$1.27	162d	1	0.98mi
5824 Southmost Rd Unit 116 Brownsville, TX	3.0	1.5	1100	$995	$0.90	10d	1	1.02mi
224 Morningside Rd Unit 3 Brownsville, TX	2.0	1.0	640	$1,200	$1.88	154d	1	1.04mi
1898 Morningside Rd Unit 4 Brownsville, TX	2.0	1.0	756	$800	$1.06	184d	1	1.04mi
2150 Minnesota Ave Brownsville, TX	1.0–2.0	1.0	782	$990	$1.27	184d	1	1.15mi
2150 S Minnesota Ave Brownsville, TX	1.0–2.0	1.0	861	$999	$1.16	10d	1	1.16mi
824 S Central Ave Brownsville, TX	2.0	1.0	640	$1,200	$1.88	10d	1	1.29mi
1010 Apollo Ave Apt 17 Brownsville, TX	2.0	1.0	800	$875	$1.09	10d	1	1.38mi
1010 Apollo Ave Unit 13 Brownsville, TX	2.0	1.0	800	$795	$0.99	184d	1	1.38mi
508 Truman Dr Unit B Brownsville, TX	3.0	1.0	960	$975	$1.02	184d	1	1.42mi
508 Truman Dr Unit A Brownsville, TX	3.0	1.0	960	$1,200	$1.25	10d	1	1.42mi

Listing history 50 events

1. 2026-10-10
   days on market $90,000 Active 129 DOM
2. 2026-10-09
   days on market $90,000 Active 128 DOM
3. 2026-10-08
   days on market $90,000 Active 127 DOM
4. 2026-10-07
   days on market $90,000 Active 126 DOM
5. 2026-10-06
   days on market $90,000 Active 125 DOM
6. 2026-10-05
   days on market $90,000 Active 124 DOM
7. 2026-10-04
   days on market $90,000 Active 123 DOM
8. 2026-10-03
   days on market $90,000 Active 122 DOM
9. 2026-10-02
   days on market $90,000 Active 121 DOM
10. 2026-10-01
    days on market $90,000 Active 120 DOM
11. 2026-09-30
    days on market $90,000 Active 119 DOM
12. 2026-09-29
    days on market $90,000 Active 118 DOM
13. 2026-09-28
    days on market $90,000 Active 117 DOM
14. 2026-09-27
    pricedays on market $90,000 Active 116 DOM
15. 2026-09-26
    days on market $95,000 Active 115 DOM
16. 2026-09-25
    days on market $95,000 Active 114 DOM
17. 2026-09-24
    days on market $95,000 Active 113 DOM
18. 2026-09-23
    days on market $95,000 Active 112 DOM
19. 2026-09-22
    days on market $95,000 Active 111 DOM
20. 2026-09-21
    days on market $95,000 Active 110 DOM
21. 2026-09-20
    days on market $95,000 Active 109 DOM
22. 2026-09-19
    days on market $95,000 Active 108 DOM
23. 2026-09-18
    days on market $95,000 Active 107 DOM
24. 2026-09-17
    days on market $95,000 Active 106 DOM
25. 2026-09-16
    days on market $95,000 Active 105 DOM
26. 2026-09-15
    days on market $95,000 Active 104 DOM
27. 2026-09-14
    days on market $95,000 Active 103 DOM
28. 2026-09-13
    days on market $95,000 Active 102 DOM
29. 2026-09-12
    days on market $95,000 Active 101 DOM
30. 2026-09-11
    days on market $95,000 Active 100 DOM
31. 2026-09-05
    days on market $95,000 Active 94 DOM
32. 2026-09-04
    days on market $95,000 Active 93 DOM
33. 2026-09-03
    pricedays on market $95,000 Active 92 DOM
34. 2026-08-31
    days on market $99,999 Active 89 DOM
35. 2026-08-30
    days on market $99,999 Active 88 DOM
36. 2026-08-29
    days on market $99,999 Active 87 DOM
37. 2026-08-28
    days on market $99,999 Active 86 DOM
38. 2026-08-27
    days on market $99,999 Active 85 DOM
39. 2026-08-26
    days on market $99,999 Active 84 DOM
40. 2026-08-25
    days on market $99,999 Active 83 DOM
41. 2026-08-24
    days on market $99,999 Active 82 DOM
42. 2026-08-23
    days on market $99,999 Active 81 DOM
43. 2026-08-22
    days on market $99,999 Active 80 DOM
44. 2026-08-21
    days on market $99,999 Active 79 DOM
45. 2026-08-20
    days on market $99,999 Active 78 DOM
46. 2026-08-19
    days on market $99,999 Active 77 DOM
47. 2026-08-18
    days on market $99,999 Active 76 DOM
48. 2026-08-17
    days on market $99,999 Active 75 DOM
49. 2026-08-16
    days on market $99,999 Active 74 DOM
50. 2026-08-15
    days on market $99,999 Active 73 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: $2,239 · $187/mo
• Projected year-2 tax: $2,239 · $187/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 4/10 Moderate FEMA zone X (unshaded) · 22% chance over 30 yrs
• 🔥 Wildfire 6/10 Major
• 🌡 Heat 9/10 Extreme 7 d/yr ≥111°F today · 26 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,639
• − Mortgage interest: −$5,041
• − Property taxes: −$2,239
• − Insurance: −$450
• − Repairs & maintenance: −$1,251
• − Management: −$1,251
• − Depreciation: −$2,618
• Taxable income: $2,789
• Est. tax owed @ 24.0%: −$669
• After-tax cash flow: $3,333/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 · 3 photos

Fair 45/100 Moderate rehab Est. rehab $22,400–$40,320 screening

This single-family home in Brownsville, TX, presents as a moderate rehab opportunity with average condition. It offers a good investment opportunity with potential for both resale and rental value through updates in paint, landscaping, and interior spaces.

Components & finishes AI

Flooring tile

Deferred maintenance Est. $50,000–$150,000 screening

• Major Roof (roof) — The roof appears to be missing or damaged, indicating a major issue that needs immediate attention.
• Major Windows (windows) — The windows are old and appear to be in poor condition, suggesting a need for replacement.
• Major Electrical (electrical) — The electrical panel is not visible, and the house appears to be in a state of disrepair, indicating potential electrical issues.
• Major Plumbing (plumbing) — The house is in a state of disrepair, and the plumbing system may be outdated or in need of repair.
• Major Exterior (exterior) — The exterior of the house is in poor condition, with visible damage and lack of maintenance.

Repairs flagged

• Minor Exterior paint — Some discoloration visible.
• Moderate Roof inspection — No visible damage but may need inspection.
• Minor Landscaping — Overgrown areas need trimming and mulching.

Value-add opportunities

• Both Painting and updating exterior — Fresh paint enhances curb appeal and value. ↑
• Both Landscaping and curb appeal improvements — Aesthetic improvements can attract more tenants and buyers. ↑
• Both Kitchen and bathroom updates — Modernizing these spaces can significantly increase both resale and rental value. ↑
• Both HVAC maintenance or upgrade — A functional HVAC system is crucial for both comfort and energy efficiency, impacting both resale and rental value. ↑
• Both Landscaping and curb appeal improvements — Aesthetic improvements can attract more tenants and buyers. ↑

ⓘ 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 28/100

Zoned Schools

Elementary Garza El F TX #2,268/4,322 Nat'l #24,950/41,679 Middle Besteiro Middle F TX #1,387/1,662 Nat'l #11,464/14,009 High Lopez Early College H S F TX #1,112/1,632 Nat'l #11,215/17,239

Schools (NCES district)

• District: Brownsville ISD
• NCES district ID: 4811680
• Math proficiency: 20% ▼ -36.00%
• Reading proficiency: 34% ▼ -13.00%
• Median HH income: $30,490
• Composite: 21.8/100
• National rank: #8249
• State rank: #710 of 826 in TX

B Composite livability gradescore 79/100

Livability — Brownsville

• Score: 79/100
• State rank: #62
• US rank: #2311

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Brownsville, TX
• County: Cameron County · 441,603 people
• City population: 212,132
• Metro: Brownsville-Harlingen, TX
• Population (ZIP): 87,380
• Household income: $44,509
• Rent vs Own: 39.7% rent · 60.3% own
• Severe rent burden: 9% of renters

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Population outlook (Cameron County) Hauer SSP2

• Today (2025): 441,603 people
• By 2030: 448,113 · +1.5%
• By 2040: 456,385 · +3.3%
• By 2050: 456,294 · +3.3%
• By 2075: 423,851 · -4.0%
• By 2100: 342,787 · -22.4%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Hispanic (97%)
• Race & ethnicity: Hispanic / Latino 97% Two or more races 45% White 3%
• Hispanic origin (detail): Mexican 91%
• Languages at home: 12% English-only · Spanish 88%

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Political lean MEDSL · Cameron

• 2024 margin: Lean R (+5.8) · D 46.7% · R 52.5%
• 2008→2024 swing: -34.6pp toward R · 2008: 28.8pp · 2024: -5.8pp
• All cycles: 2024: R+5.8 2020: D+13.2 2016: D+32.5 2012: D+32.4 2008: D+28.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -81.45%
• Current HPI: 232.1072
• Rent YoY: ▲ 8.19%
• Metro: Brownsville-Harlingen, TX
• 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

Price history

-9.1% since first listed

6 events — show timeline

• 2026-05-14 Pending — MCALLENMLS
• 2026-05-09 Price Changed $99,999 MCALLENMLS
• 2026-04-25 Price Changed $100,000 MCALLENMLS
• 2026-03-11 Listed $110,000 MCALLENMLS
• 2018-08-03 Sold (Public Records) — Public Records
• 2010-06-10 Sold (Public Records) — Public Records

Property tax history

+10.5%/yr

Latest (2025): $2,239 · +4.7% YoY. Source: county tax records.