310 E Hawk Ave E · Pharr, TX 78577

$89,000

3 bd · 2.0 ba · 1,077 sqft · SingleFamily public records · 77 Days on market

Built 1977 7,000 sqft lot $83/sqft · 18% below area Est $108k · 18% under ↓ 10% 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 +29.1/30.0
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +8.9/10.0
• Livability +3.6/5.0
• Condition / age +2.5/5.0
• Rent growth +2.4/5.0
• Schools +2.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Nestled in the heart of Pharr, TX, this home features 3 bedrooms, 1.5 bathrooms, a dedicated laundry area, and all appliances included. Set on a generous 7,000 sq ft (¼-acre) lot, the property offers excellent potential as a family home or an income-producing rental, with plenty of room for future possibilities.

Key facts

• 7,000 sq ft lot
• Parking
• Built 1977

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $89k.

Deal economics

• At list price, monthly cash flow is $309 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $89k).
• Recommended offer: $84k (6.0% below list) — sets the bar for market timing.
• Cap rate 10.5% vs local median 3.4% in Pharr — 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 72/100 on livability (#245 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: schools D, amenities F, commute F.
• Pharr-San Juan-Alamo ISD (suburban): math 18% / reading 30% proficiency, ranked #740 of 826 in TX (top 90%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 72% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents soft (-0.2%/yr); 451 active listings in the ZIP; 13 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 69% of comp listings sitting > 30 days — soft ceiling on asking rent; 7,378 units permitted in Hidalgo County in 2024 (641 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $615 of loan paydown is wiped out by about $3k 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.

Negotiation context

• It's been on market 77 days — a 6% lower offer ($84k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts; this cycle's ask has dropped $10k (10%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $83,660 (6.0% below list)

Questions for the listing agent

1. It's been on market 77 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1977 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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 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?
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: 1.39% ✓
• Cap rate: 10.46%
• Cash-on-cash: 14.87%
• DSCR: 1.66
• GRM: 6.0

CMA / ARV

• ARV (median comp): $108,269
• List price: $89,000
• Delta: -17.80%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
310 E Hawk Ave E	0.00mi	3/1.5	1,077 (0%)	0mo	$89,000	$83	98
505 E Hawk Ave E	0.17mi	3/2.0	1,140 (+6%)	7mo	$178,000	$156	76
808 E Evans Ave	0.39mi	3/2.0	1,093 (+2%)	6mo	$179,900	$165	74
1003 N Athol St	0.55mi	3/1.0	1,076 (-0%)	12mo	$149,000	$138	60
310 W Clark Ave	0.42mi	2/1.0 (-1)	1,008 (-6%)	1mo	$50,000	$50	60
812 E Egly Ave	0.48mi	3/2.0	960 (-11%)	2mo	$65,000	$68	58
704 E Egly Ave	0.42mi	2/2.0 (-1)	1,170 (+9%)	4mo	$99,500	$85	58
303 N Esperanza St	0.63mi	3/1.0	1,108 (+3%)	7mo	$50,000	$45	56
301 N Bluebonnet St	0.40mi	3/1.0	984 (-9%)	19mo	$69,000	$70	47
714 N Esperanza St	0.68mi	3/2.0	1,158 (+8%)	17mo	$175,000	$151	42
618 N Erica St	0.69mi	3/2.0	1,228 (+14%)	4mo	$205,000	$167	40
630 W Park Ave	0.73mi	3/2.0	1,187 (+10%)	15mo	$89,500	$75	36

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: 1.8%
• Equity multiple: 1.07×
• Total profit: $1,668
• Equity at exit: $13,270

10-year hold

• IRR: 8.0%
• Equity multiple: 1.52×
• Total profit: $12,975
• Equity at exit: $7,695

Cash invested: $24,920 (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 78577

• Home prices YoY: -8.1%
• Rents YoY: -0.2%
• Active inventory: 451
• Price-to-rent: 6.0×

Monthly cashflow live

• Estimated rent: $1,236 high
• Mortgage (P&I): −$467
• Tax from tax record: −$164 /mo · $1,971/yr
• Insurance: −$37
• HOA: −$0
• Vacancy / Maint / Mgmt: −$260
• Net cashflow: $309

Break-even live

Break-even rent $846

Max offer price $89,000

Occupancy floor 70%

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: $22,250
• Closing costs: $2,670
• Reserves months: —
• Total cash needed: —

Rent comps 13 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
808 E Evans Ave Pharr, TX	3.0	2.0	1093	$1,400	$1.28	43d	1	0.38mi
518 E Kelly Ave Pharr, TX	2.0	2.0	1482	$1,300	$0.88	43d	1	0.48mi
405 E Sam Houston Blvd Apt 15 Pharr, TX	2.0	1.0	750	$750	$1.00	23d	1	0.65mi
810 S Athol St Pharr, TX	3.0	2.0	1088	$1,250	$1.15	43d	1	0.71mi
305 W Boone Ave Pharr, TX	3.0	1.0	1120	$1,300	$1.16	14d	1	0.76mi
305 W Boone Ave Pharr, TX	3.0	1.0	1120	$1,300	$1.16	23d	1	0.76mi
301 S Palm Dr Pharr, TX	2.0	1.0	750	$750	$1.00	43d	1	1.12mi
303 S Palm Dr Unit 7 Pharr, TX	2.0	1.0	700	$750	$1.07	43d	1	1.14mi
1317 Jubilee Ave Pharr, TX	2.0	2.0	930	$1,000	$1.08	43d	1	1.29mi
904 S Palm Dr Unit 4 Pharr, TX	2.0	2.0	1004	$875	$0.87	43d	1	1.38mi
907 S Diplomat Dr Pharr, TX	3.0	2.0	1350	$1,750	$1.30	43d	1	1.45mi
2700 N Birch St Unit B Pharr, TX	3.0	1.5	895	$900	$1.01	23d	1	1.46mi
1308 W Platinum Dr Unit 3 Pharr, TX	3.0	2.0	1087	$1,300	$1.20	43d	1	1.50mi

Listing history 13 events

1. 2026-06-03
   status $89,000 Pending 77 DOM
2. 2026-06-02
   days on market $89,000 Option 77 DOM
3. 2026-06-01
   days on market $89,000 Option 76 DOM
4. 2026-05-31
   days on market $89,000 Option 75 DOM
5. 2026-05-31
   days on market $89,000 Option 74 DOM
6. 2026-05-18
   status Active 320-char remark

   Show marketing remark (320 chars)

   Nestled in the heart of Pharr, TX, this home features 3 bedrooms, 1.5 bathrooms, a dedicated laundry area, and all appliances included. Set on a generous 7,000 sq ft (¼-acre) lot, the property offers excellent potential as a family home or an income-producing rental, with plenty of room for future possibilities.

7. 2026-05-18
   historical Option 320-char remark

   Show marketing remark (320 chars)

   Nestled in the heart of Pharr, TX, this home features 3 bedrooms, 1.5 bathrooms, a dedicated laundry area, and all appliances included. Set on a generous 7,000 sq ft (¼-acre) lot, the property offers excellent potential as a family home or an income-producing rental, with plenty of room for future possibilities.

8. 2026-04-16
   price $89,000 320-char remark

   Show marketing remark (320 chars)

   Nestled in the heart of Pharr, TX, this home features 3 bedrooms, 1.5 bathrooms, a dedicated laundry area, and all appliances included. Set on a generous 7,000 sq ft (¼-acre) lot, the property offers excellent potential as a family home or an income-producing rental, with plenty of room for future possibilities.

9. 2026-04-01
   status Active 320-char remark

   Show marketing remark (320 chars)

   Nestled in the heart of Pharr, TX, this home features 3 bedrooms, 1.5 bathrooms, a dedicated laundry area, and all appliances included. Set on a generous 7,000 sq ft (¼-acre) lot, the property offers excellent potential as a family home or an income-producing rental, with plenty of room for future possibilities.

10. 2026-02-26
    status Pending 320-char remark

    Show marketing remark (320 chars)

    Nestled in the heart of Pharr, TX, this home features 3 bedrooms, 1.5 bathrooms, a dedicated laundry area, and all appliances included. Set on a generous 7,000 sq ft (¼-acre) lot, the property offers excellent potential as a family home or an income-producing rental, with plenty of room for future possibilities.

11. 2026-02-23
    historical Option 320-char remark

    Show marketing remark (320 chars)

    Nestled in the heart of Pharr, TX, this home features 3 bedrooms, 1.5 bathrooms, a dedicated laundry area, and all appliances included. Set on a generous 7,000 sq ft (¼-acre) lot, the property offers excellent potential as a family home or an income-producing rental, with plenty of room for future possibilities.

12. 2026-02-10
    listed $99,000 Active 320-char remark

    Show marketing remark (320 chars)

    Nestled in the heart of Pharr, TX, this home features 3 bedrooms, 1.5 bathrooms, a dedicated laundry area, and all appliances included. Set on a generous 7,000 sq ft (¼-acre) lot, the property offers excellent potential as a family home or an income-producing rental, with plenty of room for future possibilities.

13. 2003-08-13
    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: $1,971 · $164/mo
• Projected year-2 tax: $1,971 · $164/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 (shaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥111°F today · 22 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 1 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,837
• − Mortgage interest: −$4,985
• − Property taxes: −$1,971
• − Insurance: −$445
• − Repairs & maintenance: −$1,187
• − Management: −$1,187
• − Depreciation: −$2,589
• Taxable income: $2,473
• Est. tax owed @ 24.0%: −$593
• After-tax cash flow: $3,111/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: Pharr-San Juan-Alamo ISD
• NCES district ID: 4834860
• Math proficiency: 18% ▼ -34.00%
• Reading proficiency: 30% ▼ -11.00%
• Median HH income: $33,757
• Composite: 19.63/100
• National rank: #8744
• State rank: #740 of 826 in TX

Livability — Pharr

• Score: 72/100
• State rank: #245
• US rank: #5852

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Pharr, TX
• County: Hidalgo County · 623,128 people
• City population: 80,540
• Metro: McAllen-Edinburg-Mission, TX
• Population (ZIP): 80,540
• Household income: $52,770
• Rent vs Own: 41.0% rent · 59.0% own
• Severe rent burden: 2161.0

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 (95%)
• Race & ethnicity: Hispanic / Latino 95% Two or more races 45% White 5%
• Hispanic origin (detail): Mexican 92%
• Foreign-born: 29% · Canada
• Languages at home: 18% English-only · Spanish 81%

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: ▼ -23.00%
• Current HPI: 261.1606
• Rent YoY: ▼ -0.24%
• 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

-10.1% since first listed

8 events — show timeline

• 2026-05-18 Relisted — MCALLENMLS
• 2026-05-18 Contingent — MCALLENMLS
• 2026-04-16 Price Changed $89,000 MCALLENMLS
• 2026-04-01 Relisted — MCALLENMLS
• 2026-02-26 Pending — MCALLENMLS
• 2026-02-23 Contingent — MCALLENMLS
• 2026-02-10 Listed $99,000 MCALLENMLS
• 2003-08-13 Sold (Public Records) — Public Records

Property tax history

+6.4%/yr

Latest (2025): $1,971 · +9.8% YoY. Source: county tax records.