House Flipping Report
Neighborhood Data
Alamo, TX 78516
Print
Successfully flipping a house depends on a number of different factors including population growth, increasing housing prices and cheap houses for sale. We are analyzing thousands of data points for Alamo, TX . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Hidalgo County , we've been able to rank it against its peer counties within Texas. To provide an even fuller picture, we also ranked Texas against all other US states.
Region
Rank in # of Flips
Rank in Flip Profit
Texas
#3rd in US
#49th in US
Hidalgo County
#11th in TX
#41st in TX
Number of Flips: We identify house flips as houses that are bought and sold within 12 months excluding forclosures, REOs and multi-parcel sales.
Flip Profit: The profit is the gross margin calculated by subtracting the original purchase price from the new resale price.
Latest Median Sale Price
$ 158,950
even YoY Change
Latest Monthly Sales Count
List Price /sqft
$91
-0% from last quarter
Reduced Listings /Month
4
-0.5% from last quarter
Average Home Sqft
$1,563
0.02% from last year
In order to successfully flip houses, you need the population of the area to be trending northward, which appears to be the case with Hidalgo County . This is a good sign that flipping a house here will be successful.
Region
Population
Change YoY
Rank
Texas
28,701,845
1.34%
#2nd in US
Hidalgo County
865,939
0.89%
#7th in TX
78516
33,722
#35th in TX
FlipMarket is the industry standard for providing you the exact data needed to see if flipping a house will be successful. To find properties for sale that may fit your budget and be house flipping candidates, check this list of popular searches.
Array
(
[zip_id] => 37397
[country] => USA
[zip] => 78516
[city] => Alamo
[state] => Texas
[state_abbr] => TX
[county] => Hidalgo
[dma] => 636
[latitude] => 26.1984
[longitude] => -98.1153
[timezone] => -6
[timezone_dst] => 1
[dttm] =>
[postal_code] => 78516
[zip_name] => alamo, tx
[flag] =>
[median_listing_price] => 159000
[median_listing_price_mm] => -0.0059
[median_listing_price_yy] => 0.1361
[active_listing_count] => 66
[active_listing_count_mm] => 0.1786
[active_listing_count_yy] => -0.0435
[median_days_on_market] => 73.5
[median_days_on_market_mm] => -0.2011
[median_days_on_market_yy] => -0.2794
[new_listing_count] => 16
[new_listing_count_mm] => 0.3333
[new_listing_count_yy] => 0.3333
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] => 4
[price_reduced_count_mm] => -0.5
[price_reduced_count_yy] => -0.5
[pending_listing_count] => 1
[pending_listing_count_mm] => 0
[pending_listing_count_yy] =>
[median_listing_price_per_square_feet] => 91
[median_listing_price_per_square_feet_mm] => -0.0021
[median_listing_price_per_square_feet_yy] => 0.0335
[median_square_feet] => 1563
[median_square_feet_mm] => 0.009
[median_square_feet_yy] => 0.0236
[average_listing_price] => 171823
[average_listing_price_mm] => -0.0398
[average_listing_price_yy] => 0.1238
[total_listing_count] => 67
[total_listing_count_mm] => 0.1754
[total_listing_count_yy] => 0.0152
[pending_ratio_mm] => -0.0027
[pending_ratio_yy] => 0.0152
[RegionID] =>
[RegionName] =>
[State] =>
[Metro] =>
[County] =>
[City] =>
[SizeRank] =>
[Zhvi] =>
[MoM] =>
[QoQ] =>
[YoY] =>
[5Year] =>
[10Year] =>
[PeakMonth] =>
[PeakQuarter] =>
[PeakZHVI] =>
[PctFallFromPeak] =>
[LastTimeAtCurrZHVI] =>
[flips] => 19102
[purchase_price] => 179358
[resale_price] => 214954
[gross_margin] => 35596
[flipcount_rank] => 3
[flipmargin_rank] => 49
[counties] => 254
[zip_population] => 33722
[zip_rank] => 235
[state_population] => 28701845
[state_rank] => 2
[state_difference] => 1.338600
[list_prices] => ",,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,138000,139500,136900,128000,119000,120000,128000,133000,142500,147250,133999.5,123000,132500,132500,134900,141000,144000,145000,149250,145000,139900,139750,144950,140500,145900,145950,144900,141000,139000,139000,139000,139900,140000,149900,149200,146500,145000,149900,154900,154450,152000,159900,152000,158950"
[list_prices_exploded] => Array
(
[0] =>
[1] =>
[2] =>
[3] =>
[4] =>
[5] =>
[6] =>
[7] =>
[8] =>
[9] =>
[10] =>
[11] =>
[12] =>
[13] =>
[14] =>
[15] =>
[16] =>
[17] =>
[18] =>
[19] =>
[20] =>
[21] =>
[22] =>
[23] =>
[24] =>
[25] =>
[26] =>
[27] =>
[28] =>
[29] =>
[30] =>
[31] =>
[32] =>
[33] =>
[34] =>
[35] =>
[36] =>
[37] =>
[38] =>
[39] =>
[40] =>
[41] =>
[42] =>
[43] =>
[44] =>
[45] =>
[46] =>
[47] =>
[48] =>
[49] =>
[50] =>
[51] =>
[52] =>
[53] =>
[54] =>
[55] =>
[56] =>
[57] =>
[58] =>
[59] =>
[60] =>
[61] =>
[62] =>
[63] =>
[64] =>
[65] =>
[66] =>
[67] =>
[68] =>
[69] =>
[70] =>
[71] =>
[72] =>
[73] =>
[74] =>
[75] =>
[76] => 138000
[77] => 139500
[78] => 136900
[79] => 128000
[80] => 119000
[81] => 120000
[82] => 128000
[83] => 133000
[84] => 142500
[85] => 147250
[86] => 133999.5
[87] => 123000
[88] => 132500
[89] => 132500
[90] => 134900
[91] => 141000
[92] => 144000
[93] => 145000
[94] => 149250
[95] => 145000
[96] => 139900
[97] => 139750
[98] => 144950
[99] => 140500
[100] => 145900
[101] => 145950
[102] => 144900
[103] => 141000
[104] => 139000
[105] => 139000
[106] => 139000
[107] => 139900
[108] => 140000
[109] => 149900
[110] => 149200
[111] => 146500
[112] => 145000
[113] => 149900
[114] => 154900
[115] => 154450
[116] => 152000
[117] => 159900
[118] => 152000
[119] => 158950
)
)
Array
(
[county_name] => Hidalgo
[state] => Texas
[state_fips] => 48
[county_fips] => 48215
[dma] => 636
[metro_name] => Edinburg, TX
[cbsa_name] => McAllen-Edinburg-Mission, TX
[county_region_id_zillow] => 1776
[metro_region_id_zillow] => 394843
[fips] => 48215
[cbsa_code] => 32580
[population_prior] => 858323
[population] => 865939
[rank] => 7
[difference] => 0.887311653
[region_id] => 1776
[sale_counts] => "528,489,436,450,450,457,438,449,421,415,429,495,533,527,500,485,500,498,516,496,514,499,494,514,552,581,556,538,513,509,486,466,478,489,497,557,572,563,487,462,476,497,493,494,493,499,443,466,470,496,462,462,505,518,506,506,476,480,500,552,567,561,546,532,520,490,510,519,534,511,496,484,518,544,568,556,562,539,551,516,539,561,595,594,573,545,521,530,554,489,489,498,588,605,587,599,581,590,564,579,582,619,609,601,608,587,603,579,596,547,545,529,561,571,566,580,590,606,621,615,617,648,671,684,646,635,608,620,586,566,536,498,465,420,422,426,447,464,462,456,454,"
[county] => Hidalgo
[flips] => 349
[purchase_price] => 68925
[resale_price] => 118563
[gross_margin] => 49638
[flipcount_rank] => 11
[flipmargin_rank] => 41
[sale_counts_exploded] => Array
(
[0] => 528
[1] => 489
[2] => 436
[3] => 450
[4] => 450
[5] => 457
[6] => 438
[7] => 449
[8] => 421
[9] => 415
[10] => 429
[11] => 495
[12] => 533
[13] => 527
[14] => 500
[15] => 485
[16] => 500
[17] => 498
[18] => 516
[19] => 496
[20] => 514
[21] => 499
[22] => 494
[23] => 514
[24] => 552
[25] => 581
[26] => 556
[27] => 538
[28] => 513
[29] => 509
[30] => 486
[31] => 466
[32] => 478
[33] => 489
[34] => 497
[35] => 557
[36] => 572
[37] => 563
[38] => 487
[39] => 462
[40] => 476
[41] => 497
[42] => 493
[43] => 494
[44] => 493
[45] => 499
[46] => 443
[47] => 466
[48] => 470
[49] => 496
[50] => 462
[51] => 462
[52] => 505
[53] => 518
[54] => 506
[55] => 506
[56] => 476
[57] => 480
[58] => 500
[59] => 552
[60] => 567
[61] => 561
[62] => 546
[63] => 532
[64] => 520
[65] => 490
[66] => 510
[67] => 519
[68] => 534
[69] => 511
[70] => 496
[71] => 484
[72] => 518
[73] => 544
[74] => 568
[75] => 556
[76] => 562
[77] => 539
[78] => 551
[79] => 516
[80] => 539
[81] => 561
[82] => 595
[83] => 594
[84] => 573
[85] => 545
[86] => 521
[87] => 530
[88] => 554
[89] => 489
[90] => 489
[91] => 498
[92] => 588
[93] => 605
[94] => 587
[95] => 599
[96] => 581
[97] => 590
[98] => 564
[99] => 579
[100] => 582
[101] => 619
[102] => 609
[103] => 601
[104] => 608
[105] => 587
[106] => 603
[107] => 579
[108] => 596
[109] => 547
[110] => 545
[111] => 529
[112] => 561
[113] => 571
[114] => 566
[115] => 580
[116] => 590
[117] => 606
[118] => 621
[119] => 615
[120] => 617
[121] => 648
[122] => 671
[123] => 684
[124] => 646
[125] => 635
[126] => 608
[127] => 620
[128] => 586
[129] => 566
[130] => 536
[131] => 498
[132] => 465
[133] => 420
[134] => 422
[135] => 426
[136] => 447
[137] => 464
[138] => 462
[139] => 456
[140] => 454
[141] =>
)
)