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$269,000

NAL Estimated Property Value

1009 BALBOA AVE., RANCHO VIEJO, TX, 78575

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,903 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$70.89 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3

Exterior

Lot Size9,304 sqft

Building Information

Year Built1973
Stories2
Roof Type114

Land Information

APN52-0041-0030-2060-00
Lot Number3206S
SubdivisionRancho Viejo Subd Section Iv
Land UseResidential
Legal DescriptionRANCHO VIEJO - RANCHO VIEJO SEC 4 SOUTH LOT 3206S
Census Tract012506
Assessed Land Value$39,082
Assessed Improvement Value$125,918
Assessment Year2025

About this property

This lovely villa has been completely renovated in the last few years. The owner installed beautiful high-end hardwood floors throughout the home. The home was also repainted inside and out with bright neutral colors. Even the roof tiles were sealed and repainted for many years of extended life and attractive coloring. The kitchen features beautiful custom cabinets, counter tops and stainless appliances. The three full bathrooms were mostly renovated with tile floors, upgraded counter tops and one shower was completely retiled with beautiful Italian Tile. The unit stands tall among the other units with so many upgrades including Hunter Douglas Blinds and a recently added patio arbor that looks out on expansive views of the Rancho Viejo Fairway. This home is affordable luxury at it's best.

Investor Tools

Property Icon
$269,000
Estimated Property Value
$139,791Estimated Mortgage Balance
$129,209Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,614 /month
Positive
Cash Flow Estimate:
$538 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$433/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,846
$165,000
2025
$39,082
$125,918
$165,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,846
$165,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Fha
$32,453
Yes
First
Aug 5, 2016
Sep 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$139,791
$129,209
48%
52%
$952/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,490/mo
$952/mo
+$538/mo
6.6%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: RANCHO VIEJO

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1009 BALBOA AVE. | Property Details | No Agent List