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$119,000

10114 Lipsey Dr, Edinburg, TX, 78542

$154,700 ARVInfo
PendingInfo
Beds3 Beds
Baths1 Bath
Baths1,304 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$91.26 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

ARV FlipAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
AppliancesElectric Water Heater, Gas Cooktop, Refrigerator, Water Heater
FlooringTile, Vinyl

Exterior

Lot Size19,855 sqft

Building Information

Year Built1987
Stories1
Roof Type105

Land Information

APNS0450-00-000-0020-00
Lot Number20
SubdivisionSan Carlos Acres - Seb
Land UseResidential
Legal DescriptionSAN CARLOS ACRES LOT 20
Census Tract023520
Assessed Land Value$62,543
Assessed Improvement Value$66,688
Assessment Year2025

About this property

Charming and move-in ready, this cozy home offers comfort, functionality, and plenty of outdoor space on nearly half an acre. The property features a well-maintained interior that's ready for its next owner to enjoy from day one. The main property features 2 bedrooms and one full bath. A detached quarters provides added flexibility—perfect for guests, a home office, hobby space, or potential rental opportunities. With ample room to garden, entertain, or expand, this property offers the ideal blend of country-style living with everyday convenience. Don't miss this unique opportunity to own a home with space, versatility, and endless potential.

Investor Tools

$0Estimated Mortgage Balance
$118,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$154,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$714 /month
Positive
Cash Flow Estimate:
$238 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$98/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$590
$95,015
2025
$62,543
$66,688
$129,231
No

Tax History

Year
Tax Paid
Assessed Value
2024
$590
$95,015

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$107,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$877/mo
N/A
+$877/mo
8.9%

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: Edinburg

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10114 Lipsey Dr | Property Details | No Agent List