6653 El Camino Real · Granjeno, TX 78572

$69,900

3 bd · 1.0 ba · 1,170 sqft · SingleFamily · 270 Days on market

Built 1981 Poor condition 0.39 ac lot $60/sqft · 65% below area ↓ 13% 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Livability +2.9/5.0
• Rent growth +2.7/5.0
• Schools +2.4/10.0
• Condition / age +1.0/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Just minutes from the Anzalduas International Bridge, this borderline property offers excellent proximity and promising potential for the right buyer. Whether you're looking to hold, build, or develop in the future, this is a great investment opportunity in a strategic location. With a good-sized lot and easy access, it’s ideal for investors seeking long-term value. Available now don't miss your chance to secure this solid site in a fast-developing area!

Key facts

• 0.39 acre lot
• Built 1981
• Listed 270 days

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $70k. Condition is rated poor.

Deal economics

• At list price, monthly cash flow is $617 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $70k).
• Recommended offer: $62k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 58/100 on livability (#1,200 in TX) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: schools F, crime F, amenities F.
• Hidalgo ISD (suburban): math 25% / reading 32% proficiency, ranked #678 of 826 in TX (top 82%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 66% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents flat; 852 active listings in the ZIP; 7,378 units permitted in Hidalgo County in 2024 (641 in 5+ unit buildings).
• This rent runs 31% of the median local income ($54k/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 $483 of loan paydown is wiped out by about $2k 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.
• At projected returns (-3.0% appreciation + 0.9% rent growth), your $20k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 270 days — a 12% lower offer ($62k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts; this cycle's ask has dropped $27k (28%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 96% chance of damaging wind over 30y; severe 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 $61,512 (12.0% below list)

Questions for the listing agent

1. It's been on market 270 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. 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. Crime grade is F 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?
7. 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.
8. 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.
9. 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: 1.99% ✓
• Cap rate: 16.89%
• Cash-on-cash: 37.83%
• DSCR: 2.68
• GRM: 4.2

CMA / ARV

• ARV (median comp): $197,479
• List price: $69,900
• Delta: -64.60%
• Verdict: UNDERPRICED
• Comps: 2 within 2.0 mi

Projected returns pro-forma

-3.0% appreciation · 0.93% rent growth · sell at horizon

5-year hold

• IRR: 31.5%
• Equity multiple: 2.29×
• Total profit: $25,154
• Equity at exit: $10,422

10-year hold

• IRR: 37.5%
• Equity multiple: 4.14×
• Total profit: $61,409
• Equity at exit: $6,044

Cash invested: $19,572 (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 78572

• Home prices YoY: -22.9%
• Rents YoY: 0.9%
• Active inventory: 852
• Price-to-rent: 4.2×

Monthly cashflow live

• Estimated rent: $1,393 medium
• Mortgage (P&I): −$367
• Tax est. 1.5%: −$87 /mo · $1,048/yr
• Insurance: −$29
• HOA: −$0
• Vacancy / Maint / Mgmt: −$292
• Net cashflow: $617

Break-even live

Break-even rent $611

Max offer price $69,900

Occupancy floor 51%

Sensitivity live

Price	-10% $665	-5% $641	+0% $617	+5% $593	+10% $569
Rent	-10% $507	-5% $562	+0% $617	+5% $672	+10% $727
Rate	-1.0pp $652	-0.5pp $635	base $617	+0.5pp $599	+1.0pp $581

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: $17,475
• Closing costs: $2,097
• Reserves months: —
• Total cash needed: —

Listing history 25 events

1. 2026-06-18
   days on market $69,900 Active 270 DOM
2. 2026-06-17
   days on market $69,900 Active 269 DOM
3. 2026-06-16
   days on market $69,900 Active 268 DOM
4. 2026-06-15
   days on market $69,900 Active 267 DOM
5. 2026-06-14
   days on market $69,900 Active 265 DOM
6. 2026-06-10
   days on market $69,900 Active 262 DOM
7. 2026-06-09
   days on market $69,900 Active 261 DOM
8. 2026-06-08
   days on market $69,900 Active 260 DOM
9. 2026-06-07
   days on market $69,900 Active 259 DOM
10. 2026-06-05
    days on market $69,900 Active 256 DOM
11. 2026-06-03
    days on market $69,900 Active 255 DOM
12. 2026-06-02
    days on market $69,900 Active 254 DOM
13. 2026-06-01
    days on market $69,900 Active 253 DOM
14. 2026-05-31
    days on market $69,900 Active 252 DOM
15. 2026-05-31
    days on market $69,900 Active 251 DOM
16. 2026-04-10
    status Active 465-char remark

    Show marketing remark (465 chars)

    Just minutes from the Anzalduas International Bridge, this borderline property offers excellent proximity and promising potential for the right buyer. Whether you're looking to hold, build, or develop in the future, this is a great investment opportunity in a strategic location. With a good-sized lot and easy access, it’s ideal for investors seeking long-term value. Available now don't miss your chance to secure this solid site in a fast-developing area!

17. 2026-04-05
    status Pending 465-char remark

    Show marketing remark (465 chars)

    Just minutes from the Anzalduas International Bridge, this borderline property offers excellent proximity and promising potential for the right buyer. Whether you're looking to hold, build, or develop in the future, this is a great investment opportunity in a strategic location. With a good-sized lot and easy access, it’s ideal for investors seeking long-term value. Available now don't miss your chance to secure this solid site in a fast-developing area!

18. 2026-03-24
    historical Option 465-char remark

    Show marketing remark (465 chars)

    Just minutes from the Anzalduas International Bridge, this borderline property offers excellent proximity and promising potential for the right buyer. Whether you're looking to hold, build, or develop in the future, this is a great investment opportunity in a strategic location. With a good-sized lot and easy access, it’s ideal for investors seeking long-term value. Available now don't miss your chance to secure this solid site in a fast-developing area!

19. 2026-03-05
    price $69,900 465-char remark

    Show marketing remark (465 chars)

    Just minutes from the Anzalduas International Bridge, this borderline property offers excellent proximity and promising potential for the right buyer. Whether you're looking to hold, build, or develop in the future, this is a great investment opportunity in a strategic location. With a good-sized lot and easy access, it’s ideal for investors seeking long-term value. Available now don't miss your chance to secure this solid site in a fast-developing area!

20. 2026-02-10
    price $89,900 465-char remark

    Show marketing remark (465 chars)

    Just minutes from the Anzalduas International Bridge, this borderline property offers excellent proximity and promising potential for the right buyer. Whether you're looking to hold, build, or develop in the future, this is a great investment opportunity in a strategic location. With a good-sized lot and easy access, it’s ideal for investors seeking long-term value. Available now don't miss your chance to secure this solid site in a fast-developing area!

21. 2025-09-15
    listed $96,500 Active 465-char remark

    Show marketing remark (465 chars)

    Just minutes from the Anzalduas International Bridge, this borderline property offers excellent proximity and promising potential for the right buyer. Whether you're looking to hold, build, or develop in the future, this is a great investment opportunity in a strategic location. With a good-sized lot and easy access, it’s ideal for investors seeking long-term value. Available now don't miss your chance to secure this solid site in a fast-developing area!

22. 2025-08-26
    status Active
23. 2025-05-29
    status Pending
24. 2025-05-19
    price $85,000
25. 2025-05-15
    listed $80,000 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 · 0% chance over 30 yrs
• 🔥 Wildfire 9/10 Extreme
• 🌡 Heat 9/10 Extreme 7 d/yr ≥111°F today · 24 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 96% 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: $16,711
• − Mortgage interest: −$3,915
• − Property taxes: −$1,048
• − Insurance: −$350
• − Repairs & maintenance: −$1,337
• − Management: −$1,337
• − Depreciation: −$2,033
• Taxable income: $6,690
• Est. tax owed @ 24.0%: −$1,606
• After-tax cash flow: $5,799/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 · 11 photos

Poor 20/100 Extensive rehab

This property requires extensive renovations to bring it up to modern standards, significantly impacting its resale and rental value.

Repairs flagged

• Major kitchen cabinets — severely dated and worn
• Major bathroom fixtures — dated and non-functional
• Major exterior paint — severely peeling
• Major interior walls — dated wallpaper and peeling paint
• Major landscaping — overgrown and unkempt

Value-add opportunities

• Resale extensive kitchen renovation — modern kitchen will attract buyers
• Resale bathroom renovation — modern bathroom will attract buyers
• Resale exterior paint job — fresh paint will improve curb appeal
• Both landscaping — improved landscaping will attract buyers and renters
• Both HVAC system replacement — modern HVAC will attract buyers and renters

Renovation cost estimate screening

Repair item	Severity	Est. cost
kitchen cabinets · severely dated and worn	Major	$15,000–50,000
bathroom fixtures · dated and non-functional	Major	$15,000–50,000
exterior paint · severely peeling	Major	$15,000–50,000
interior walls · dated wallpaper and peeling paint	Major	$15,000–50,000
landscaping · overgrown and unkempt	Major	$15,000–50,000
Total estimated repair cost · 5 items		$75,000–250,000

Value-add ROI direction

• Resale extensive kitchen renovation — modern kitchen will attract buyers ↑
• Resale bathroom renovation — modern bathroom will attract buyers ↑
• Resale exterior paint job — fresh paint will improve curb appeal ↑
• Both landscaping — improved landscaping will attract buyers and renters ↑
• Both HVAC system replacement — modern HVAC will attract buyers and renters ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Hidalgo ISD
• NCES district ID: 4823100
• Math proficiency: 25% ▼ -32.00%
• Reading proficiency: 32% ▼ -10.00%
• Median HH income: $35,219
• Composite: 23.52/100
• National rank: #7866
• State rank: #678 of 826 in TX

Livability — Granjeno

• Score: 58/100
• State rank: #1200
• US rank: #21015

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Granjeno, TX
• County: Hidalgo County · 623,128 people
• Metro: McAllen-Edinburg-Mission, TX
• Population (ZIP): 78,024
• Household income: $54,298
• Rent vs Own: 29.0% rent · 71.0% own
• Severe rent burden: 1714.0

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 47% White 12% Asian 2%
• Hispanic origin (detail): Mexican 80%
• Common ancestry: Slovak 1% Portuguese 0%
• Foreign-born: 28% · Canada, South Korea
• Languages at home: 22% English-only · Spanish 76%

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: ▼ -62.35%
• Current HPI: 209.3573
• Rent YoY: ▲ 0.93%
• 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

-12.6% since first listed

10 events — show timeline

• 2026-04-10 Relisted — MCALLENMLS
• 2026-04-05 Pending — MCALLENMLS
• 2026-03-24 Contingent — MCALLENMLS
• 2026-03-05 Price Changed $69,900 MCALLENMLS
• 2026-02-10 Price Changed $89,900 MCALLENMLS
• 2025-09-15 Listed $96,500 MCALLENMLS
• 2025-08-26 Relisted — MCALLENMLS
• 2025-05-29 Pending — MCALLENMLS
• 2025-05-19 Price Changed $85,000 MCALLENMLS
• 2025-05-15 Listed $80,000 MCALLENMLS