Last 24 Hours
$559,000
NAL Estimated Property Value1020 Jesse St Apt 4, WESLACO, TX, 78596
Off Market
Commercial
— Beds
— Bath
8,352 Sq Ft
$51.36 / sqft
Built in 2005Highlights
Interior
Bedrooms —
Bathrooms —
Heating Central
CoolingAppliancesElectric Water Heater
FlooringTile
Exterior
Lot Size20,839 sqft
Building Information
Year Built2005
Stories2
Roof Type105
Land Information
APNB3610-00-000-0004-00
Lot Number4
SubdivisionBonita Homes
Land UseReal, Residential, Duplexes
Legal DescriptionBONITA HOMES LOT 4
Census Tract022706
Assessed Land Value$147,957
Assessed Improvement Value$397,043
Assessment Year2025
About this property
Lender owned apartment building and three lots on Jesse St in Weslaco. Apartment complex is located on Lot 4 and has 8 units that are each 2bdrm/1bthrm. Units are 1,044 square feet. The two story building was built in 2005(per HCAD) and has a Hardy Board exterior and composition shingle roof. Rents are reported to be $650.00 per month. Three excess lots are Lots 3, 7 & 8. Each lot is approximately 1/2 acre. Lot 3 is adjacent to the apartment building and improvements are in place to build another 8 units on this lot.
Investor Tools
$559,000
Estimated Property Value
$0Estimated Mortgage Balance
$559,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,354 /month
Positive
Cash Flow Estimate:
$1,118 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,358/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,501
$545,000
2025
$147,957
$397,043
$545,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$13,501
$545,000
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$559,000
100%
0%
$0/mo
12.4%