3008 Potomac Lp Loop · Laredo, TX 78046

$155,000

4 bd · 3.0 ba · 1,828 sqft · SingleFamily public records · 147 Days on market

Built 1995 6,171 sqft lot $85/sqft · 33% below area Est $231k · 33% under ↓ 13% since listing

---

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 +25.2/30.0
• ARV discount +15.0/15.0
• 1% rule +8.3/10.0
• DSCR +8.3/10.0
• Livability +3.7/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

This spacious 1,828 sq. ft. home includes a 576 sq. ft. Bonus Room — ideal for entertaining, relaxing, or transforming into a guest suite, rental space, or home office. The property offers a flexible layout with ample room for comfortable living, all conveniently located near local amenities. Showings are preferred after 12:00 PM daily—please contact the listing agent prior to scheduling.

Key facts

• Flexible layout
• Bonus room
• Local amenities

Tags

• BONUS ROOM
• FLEXIBLE LAYOUT
• LOCAL AMENITIES

What this means for you Summary

Snapshot

• This is a 4-bed/3.0-bath single-family listed at $155k.

Deal economics

• At list price, monthly cash flow is $346 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $155k).
• Recommended offer: $136k (12.0% below list) — sets the bar for market timing.
• Cap rate 9.0% vs local median 4.1% in Laredo — 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 73/100 on livability (#227 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: schools C-, crime C-, employment D+.
• Laredo ISD (urban): math 21% / reading 29% proficiency, ranked #739 of 826 in TX (top 90%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 82% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 482 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,448 units permitted in Webb County in 2024 (245 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.
• Webb County population projected at +23% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 147 days — a 12% lower offer ($136k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts; this cycle's ask has dropped $10k (6%) 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, 80% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $136,400 (12.0% below list)

Questions for the listing agent

1. It's been on market 147 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
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. 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: 1.33% ✓
• Cap rate: 8.97%
• Cash-on-cash: 9.55%
• DSCR: 1.43
• GRM: 6.2

CMA / ARV

• ARV (median comp): $230,853
• List price: $155,000
• Delta: -32.86%
• Verdict: UNDERPRICED
• Comps: 4 within 1.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: -1.8%
• Equity multiple: 0.93×
• Total profit: $-2,943
• Equity at exit: $23,111

10-year hold

• IRR: 8.0%
• Equity multiple: 1.61×
• Total profit: $26,445
• Equity at exit: $13,402

Cash invested: $43,400 (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 78046

• Home prices YoY: -13.0%
• Active inventory: 482
• Price-to-rent: 6.2×

Monthly cashflow live

• Estimated rent: $2,068 medium
• Mortgage (P&I): −$813
• Tax from tax record: −$410 /mo · $4,925/yr
• Insurance: −$65
• HOA: −$0
• Vacancy / Maint / Mgmt: −$434
• Net cashflow: $346

Break-even live

Break-even rent $1,630

Max offer price $155,000

Occupancy floor 78%

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: $38,750
• Closing costs: $4,650
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3508 Eduardo E Hayes Rd Laredo, TX	3.0	2.5	1820	$2,100	$1.15	44d	1	0.57mi
4305 Alina Dr Laredo, TX	3.0	2.5	1736	$1,850	$1.07	44d	1	0.74mi
2122 Mallorca Dr Laredo, TX	5.0	3.0	2526	$2,500	$0.99	44d	1	1.39mi

Listing history 22 events

1. 2026-06-18
   days on market $155,000 Active 147 DOM
2. 2026-06-17
   days on market $155,000 Active 146 DOM
3. 2026-06-16
   days on market $155,000 Active 145 DOM
4. 2026-06-15
   days on market $155,000 Active 144 DOM
5. 2026-06-13
   days on market $155,000 Active 142 DOM
6. 2026-06-12
   days on market $155,000 Active 141 DOM
7. 2026-06-10
   days on market $155,000 Active 138 DOM
8. 2026-06-08
   days on market $155,000 Active 137 DOM
9. 2026-06-08
   days on market $155,000 Active 136 DOM
10. 2026-06-07
    days on market $155,000 Active 135 DOM
11. 2026-06-03
    days on market $155,000 Active 132 DOM
12. 2026-06-02
    days on market $155,000 Active 131 DOM
13. 2026-06-01
    days on market $155,000 Active 130 DOM
14. 2026-05-31
    days on market $155,000 Active 129 DOM
15. 2026-04-25
    status Active 403-char remark

    Show marketing remark (403 chars)

    This spacious 1,828 sq. ft. home includes a 576 sq. ft. Bonus Room — ideal for entertaining, relaxing, or transforming into a guest suite, rental space, or home office. The property offers a flexible layout with ample room for comfortable living, all conveniently located near local amenities. Showings are preferred after 12:00 PM daily—please contact the listing agent prior to scheduling.

16. 2026-04-07
    historical 403-char remark

    Show marketing remark (403 chars)

    This spacious 1,828 sq. ft. home includes a 576 sq. ft. Bonus Room — ideal for entertaining, relaxing, or transforming into a guest suite, rental space, or home office. The property offers a flexible layout with ample room for comfortable living, all conveniently located near local amenities. Showings are preferred after 12:00 PM daily—please contact the listing agent prior to scheduling.

17. 2026-02-05
    price $155,000 403-char remark

    Show marketing remark (403 chars)

    This spacious 1,828 sq. ft. home includes a 576 sq. ft. Bonus Room — ideal for entertaining, relaxing, or transforming into a guest suite, rental space, or home office. The property offers a flexible layout with ample room for comfortable living, all conveniently located near local amenities. Showings are preferred after 12:00 PM daily—please contact the listing agent prior to scheduling.

18. 2026-01-03
    listed $165,000 Active 403-char remark

    Show marketing remark (403 chars)

    This spacious 1,828 sq. ft. home includes a 576 sq. ft. Bonus Room — ideal for entertaining, relaxing, or transforming into a guest suite, rental space, or home office. The property offers a flexible layout with ample room for comfortable living, all conveniently located near local amenities. Showings are preferred after 12:00 PM daily—please contact the listing agent prior to scheduling.

19. 2025-09-20
    price $165,000
20. 2025-08-26
    price $174,500
21. 2025-08-01
    listed $179,000 Active
22. 1993-08-02
    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: $4,925 · $410/mo
• Projected year-2 tax: $4,925 · $410/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 ≥110°F today · 23 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 80% 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: $24,811
• − Mortgage interest: −$8,682
• − Property taxes: −$4,925
• − Insurance: −$775
• − Repairs & maintenance: −$1,985
• − Management: −$1,985
• − Depreciation: −$4,509
• Taxable income: $1,950
• Est. tax owed @ 24.0%: −$468
• After-tax cash flow: $3,679/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: Laredo ISD
• NCES district ID: 4826790
• Math proficiency: 21% ▼ -34.00%
• Reading proficiency: 29% ▼ -13.00%
• Median HH income: $25,655
• Composite: 19.7/100
• National rank: #8724
• State rank: #739 of 826 in TX

Livability — Laredo

• Score: 73/100
• State rank: #227
• US rank: #5399

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: Laredo, TX
• City population: 67,333
• Population (ZIP): 71,965

Population outlook (Webb County) Hauer SSP2

• Today (2025): 301,387 people
• By 2030: 316,307 · +5.0%
• By 2040: 345,636 · +14.7%
• By 2050: 370,647 · +23.0%
• By 2075: 413,907 · +37.3%
• By 2100: 416,458 · +38.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Hispanic (97%)
• Race & ethnicity: Hispanic / Latino 97% Two or more races 53% White 2%
• Hispanic origin (detail): Mexican 92%
• Foreign-born: 22% · Canada
• Languages at home: 9% English-only · Spanish 91%

Political lean MEDSL · Webb

• 2024 margin: Toss-up / Even · D 48.5% · R 50.7%
• 2008→2024 swing: -45.6pp toward R · 2008: 43.4pp · 2024: -2.2pp
• All cycles: 2024: R+2.2 2020: D+23.3 2016: D+51.6 2012: D+54.0 2008: D+43.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -29.36%
• Current HPI: 196.8153
• 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

-13.4% since first listed

8 events — show timeline

• 2026-04-25 Relisted — LAOR
• 2026-04-07 Delisted — LAOR
• 2026-02-05 Price Changed $155,000 LAOR
• 2026-01-03 Listed $165,000 LAOR
• 2025-09-20 Price Changed $165,000 LAOR
• 2025-08-26 Price Changed $174,500 LAOR
• 2025-08-01 Listed $179,000 LAOR
• 1993-08-02 Sold (Public Records) — Public Records

Property tax history

+6.6%/yr

Latest (2025): $4,925 · -0.1% YoY. Source: county tax records.