510 Blanco St · Taft Southwest, TX 78390

$144,900

3 bd · 1.0 ba · 910 sqft · SingleFamily public records · 11 Days on market

Built 1968 7,500 sqft lot $159/sqft · 70% above area

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Why this score? — see what drove the D+ 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 +16.4/30.0
• ARV discount +7.5/15.0
• Appreciation +7.2/10.0
• DSCR +5.1/10.0
• 1% rule +3.9/10.0
• Livability +2.8/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.0/10.0

Listing remarks MLS

Freshly updated and move-in ready, this inviting home offers comfort, versatility, and proven potential. Recent improvements include fresh interior paint throughout and brand-new window treatments, creating a bright, clean atmosphere that makes it easy for a new owner or tenant to settle right in. Whether you’re searching for the perfect starter home, looking to downsize, or wanting to add a reliable property to your investment portfolio, this one checks the boxes. With a strong rental track record and a history of being successfully leased for more than 10 years, it provides confidence for buyers seeking steady income potential. Situated on approximately 0.17 acres—slightly larger than a typical city lot—the yard gives you extra breathing room while still being easy to maintain. A concrete slab in the backyard is already in place, making a perfect spot for a future storage shed, workshop, or small patio setup for relaxing or entertaining. Conveniently located and full of flexibility for homeowners and investors alike, this property is ready for its next chapter. Schedule your showing and come see the value and opportunity waiting here.

Key facts

• Fully renovated
• Remodeled bathroom
• Updated living space

Tags

• FULLY RENOVATED
• UPDATED LIVING SPACE
• NEW ROOF
• FULL PLUMBING REROUTE
• BRAND-NEW KITCHEN
• REMODELED BATHROOM

Property features AI

Finance

• HOA & community: Short-term rentals allowed

Exterior

• Parking: Concrete driveway with front entry; 1 covered garage space; 2 total parking spaces
• Utilities: Public water; Public sewer; Utilities available
• Home design: Single-story; Faces northwest; Slab foundation
• Construction: Brick and shingle siding exterior; Shingle roof; Built on slab foundation
• Exterior features: Covered patio; Patio; Partial chain link fencing; Interior lot; Asphalt road

Interior

• Flooring: Tile
• Bathrooms: 1 full bathroom
• Heating & cooling: Ductless heating; Ductless cooling
• Interior features: Tile flooring; No additional interior features listed
• Laundry & utility: Washer hookup; Dryer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $145k.

Deal economics

• At list price, monthly cash flow is $82 ($986/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 $129k (11.3% below list).
• Recommended offer: $129k (11.3% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 56/100 on livability (#1,311 in TX) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A, crime B+; Watch: amenities F, commute F, employment F.
• Taft ISD (town): math 24% / reading 24% proficiency, ranked #727 of 826 in TX (top 88%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 77% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Woodroe Petty El (math 18% / reading 22%, grade F, #3,536 of 4,322 statewide, top 83%, 381 students, 92% FRL); Ricardo L Trevino J H (math 28% / reading 26%, grade F, #1,177 of 1,662 statewide, top 72%, 199 students, 90% FRL); Taft H S (math 27% / reading 27%, grade F, #1,204 of 1,632 statewide, top 75%, 242 students, 80% FRL).
• Market conditions: 61 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

• In year one you build about $7k of equity ($1k loan paydown + $6k appreciation (4.4% local appreciation)).
• San Patricio County population projected at +27% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (4.4% appreciation + 3.0% rent growth), your $41k cash investment doubles in ~5 years — after that, you're playing with house money.
• By year 5, paydown + projected appreciation supports a ~$32k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 11 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts since 17y ago; this cycle's ask is 116% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $128,529 (11.3% below list)

Questions for the listing agent

1. Built in 1968 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
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: 0.89% ✗
• Cap rate: 6.97%
• Cash-on-cash: 2.43%
• DSCR: 1.11
• GRM: 9.4

CMA / ARV

• ARV (median comp): $85,284
• List price: $144,900
• Delta: 69.90%
• Verdict: OVERPRICED
• Comps: 14 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
510 Blanco	0.00mi	3/1.0	910 (0%)	3mo	$67,000	$74	98

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

4.44% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 13.5%
• Equity multiple: 1.84×
• Total profit: $33,991
• Equity at exit: $77,202

10-year hold

• IRR: 14.6%
• Equity multiple: 3.48×
• Total profit: $100,545
• Equity at exit: $129,346

Cash invested: $40,572 (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 78390

• Home prices YoY: 3.7%
• Active inventory: 61
• Price-to-rent: 9.4×

Monthly cashflow live

• Estimated rent: $1,285 medium
• Mortgage (P&I): −$760
• Tax from tax record: −$113 /mo · $1,356/yr
• Insurance: −$60
• HOA: −$0
• Vacancy / Maint / Mgmt: −$270
• Net cashflow: $82

Break-even live

Break-even rent $1,181

Max offer price $144,900

Occupancy floor 89%

Sensitivity live

Price	-10% $164	-5% $123	+0% $82	+5% $41	+10% $0
Rent	-10% $-19	-5% $31	+0% $82	+5% $133	+10% $184
Rate	-1.0pp $155	-0.5pp $119	base $82	+0.5pp $45	+1.0pp $6

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: $36,225
• Closing costs: $4,347
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
921 Oak St Taft, TX	2.0	1.0	857	$1,400	$1.63	15d	1	0.89mi
508 Tutt Ave Taft, TX	2.0	1.0	936	$1,150	$1.23	45d	1	1.09mi

Listing history 10 events

1. 2026-05-30
   status $144,900 Pending 11 DOM
2. 2026-04-02
   soldstatus Closed 1172-char remark

   Show marketing remark (1172 chars)

   Freshly updated and move-in ready, this inviting home offers comfort, versatility, and proven potential. Recent improvements include fresh interior paint throughout and brand-new window treatments, creating a bright, clean atmosphere that makes it easy for a new owner or tenant to settle right in. Whether you’re searching for the perfect starter home, looking to downsize, or wanting to add a reliable property to your investment portfolio, this one checks the boxes. With a strong rental track record and a history of being successfully leased for more than 10 years, it provides confidence for buyers seeking steady income potential. Situated on approximately 0.17 acres—slightly larger than a typical city lot—the yard gives you extra breathing room while still being easy to maintain. A concrete slab in the backyard is already in place, making a perfect spot for a future storage shed, workshop, or small patio setup for relaxing or entertaining. Conveniently located and full of flexibility for homeowners and investors alike, this property is ready for its next chapter. Schedule your showing and come see the value and opportunity waiting here.

3. 2026-04-02
   soldstatus

   Show marketing remark (1172 chars)

   Freshly updated and move-in ready, this inviting home offers comfort, versatility, and proven potential. Recent improvements include fresh interior paint throughout and brand-new window treatments, creating a bright, clean atmosphere that makes it easy for a new owner or tenant to settle right in. Whether you’re searching for the perfect starter home, looking to downsize, or wanting to add a reliable property to your investment portfolio, this one checks the boxes. With a strong rental track record and a history of being successfully leased for more than 10 years, it provides confidence for buyers seeking steady income potential. Situated on approximately 0.17 acres—slightly larger than a typical city lot—the yard gives you extra breathing room while still being easy to maintain. A concrete slab in the backyard is already in place, making a perfect spot for a future storage shed, workshop, or small patio setup for relaxing or entertaining. Conveniently located and full of flexibility for homeowners and investors alike, this property is ready for its next chapter. Schedule your showing and come see the value and opportunity waiting here.

4. 2026-03-06
   status Pending 1172-char remark

   Show marketing remark (1172 chars)

   Freshly updated and move-in ready, this inviting home offers comfort, versatility, and proven potential. Recent improvements include fresh interior paint throughout and brand-new window treatments, creating a bright, clean atmosphere that makes it easy for a new owner or tenant to settle right in. Whether you’re searching for the perfect starter home, looking to downsize, or wanting to add a reliable property to your investment portfolio, this one checks the boxes. With a strong rental track record and a history of being successfully leased for more than 10 years, it provides confidence for buyers seeking steady income potential. Situated on approximately 0.17 acres—slightly larger than a typical city lot—the yard gives you extra breathing room while still being easy to maintain. A concrete slab in the backyard is already in place, making a perfect spot for a future storage shed, workshop, or small patio setup for relaxing or entertaining. Conveniently located and full of flexibility for homeowners and investors alike, this property is ready for its next chapter. Schedule your showing and come see the value and opportunity waiting here.

5. 2026-02-27
   historical 1172-char remark

   Show marketing remark (1172 chars)

   Freshly updated and move-in ready, this inviting home offers comfort, versatility, and proven potential. Recent improvements include fresh interior paint throughout and brand-new window treatments, creating a bright, clean atmosphere that makes it easy for a new owner or tenant to settle right in. Whether you’re searching for the perfect starter home, looking to downsize, or wanting to add a reliable property to your investment portfolio, this one checks the boxes. With a strong rental track record and a history of being successfully leased for more than 10 years, it provides confidence for buyers seeking steady income potential. Situated on approximately 0.17 acres—slightly larger than a typical city lot—the yard gives you extra breathing room while still being easy to maintain. A concrete slab in the backyard is already in place, making a perfect spot for a future storage shed, workshop, or small patio setup for relaxing or entertaining. Conveniently located and full of flexibility for homeowners and investors alike, this property is ready for its next chapter. Schedule your showing and come see the value and opportunity waiting here.

6. 2026-02-19
   listed $67,000 Active 1172-char remark

   Show marketing remark (1172 chars)

   Freshly updated and move-in ready, this inviting home offers comfort, versatility, and proven potential. Recent improvements include fresh interior paint throughout and brand-new window treatments, creating a bright, clean atmosphere that makes it easy for a new owner or tenant to settle right in. Whether you’re searching for the perfect starter home, looking to downsize, or wanting to add a reliable property to your investment portfolio, this one checks the boxes. With a strong rental track record and a history of being successfully leased for more than 10 years, it provides confidence for buyers seeking steady income potential. Situated on approximately 0.17 acres—slightly larger than a typical city lot—the yard gives you extra breathing room while still being easy to maintain. A concrete slab in the backyard is already in place, making a perfect spot for a future storage shed, workshop, or small patio setup for relaxing or entertaining. Conveniently located and full of flexibility for homeowners and investors alike, this property is ready for its next chapter. Schedule your showing and come see the value and opportunity waiting here.

7. 2025-05-22
   listed $144,900 Active 671-char remark
8. 2010-05-10
   soldstatus

   Show marketing remark (67 chars)

   Cute as can be . Make this your first time or retirement home. cozy

9. 2009-11-30
   listed $50,000

   Show marketing remark (67 chars)

   Cute as can be . Make this your first time or retirement home. cozy

10. 2009-04-06
    listed $50,000

ⓘ 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: $1,356 · $113/mo
• Projected year-2 tax: $2,652 · $221/mo
• Expected delta: +$1,296/yr (+$108/mo · 95.6%)

ⓘ 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 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥108°F today · 24 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: $15,423
• − Mortgage interest: −$8,117
• − Property taxes: −$1,356
• − Insurance: −$724
• − Repairs & maintenance: −$1,234
• − Management: −$1,234
• − Depreciation: −$4,215
• Taxable loss: −$1,456
• Est. tax savings @ 24.0%: +$350
• After-tax cash flow: $1,335/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: Taft ISD
• NCES district ID: 4842060
• Math proficiency: 24% ▼ -6.00%
• Reading proficiency: 24% ▲ 2.00%
• Median HH income: $40,110
• Composite: 20.29/100
• National rank: #8618
• State rank: #727 of 826 in TX

Livability — Taft Southwest

• Score: 56/100
• State rank: #1311
• US rank: #22671

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Taft Southwest, TX
• Population (ZIP): 5,620

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 (78%)
• Race & ethnicity: Hispanic / Latino 78% Two or more races 52% White 21%
• Hispanic origin (detail): Mexican 75%
• Common ancestry: Slovak 1% Lithuanian 1%
• Foreign-born: 3% · Canada
• Languages at home: 61% English-only · Spanish 39%

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: ▲ 4.44%
• Current HPI: 123.4461
• 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

+34.0% since first listed

11 events — show timeline

• 2026-05-30 Pending — CBMLS
• 2026-05-27 Delisted — CBMLS
• 2026-04-02 Sold (Public Records) — Public Records
• 2026-04-02 Sold (MLS) — CBMLS
• 2026-03-06 Pending — CBMLS
• 2026-02-27 Delisted — CBMLS
• 2026-02-19 Listed $67,000 CBMLS
• 2025-05-22 Listed $144,900 CBMLS
• 2010-05-10 Sold (MLS) — CBMLS
• 2009-11-30 Listed $50,000 CBMLS
• 2009-04-06 Listed $50,000 CBMLS

Property tax history

+5.2%/yr

Latest (2025): $1,356 · +18.1% YoY. Source: county tax records.