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$248,000

1042 Chapman St, SAN BENITO, TX, 78586

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,990 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$82.66 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2

Exterior

Lot Size6,874 sqft

Building Information

Year Built2016
Stories1

Land Information

APN61-0849-0020-0100-00
Lot Number10
SubdivisionPonderosa North Subdivision Unit Ii
Land UseResidential
Legal DescriptionLOT 10 BLK 2 PONDEROSA NORTH SUBDIVISION UNIT II (C1-2786B CCMR FILED 3-7-07)
Census Tract011602
Assessed Land Value$38,156
Assessed Improvement Value$201,082
Assessment Year2025

About this property

Come check out this beautiful home located in Ponderosa North Subdivision. This 4 bedroom/2 baths home, has functional floor plan and all tile floors. This property is very close to the expressway and is conveniently located between Brownsville and Harlingen. We have a motivated seller!! Bring us an offer we won't refuse :)

Investor Tools

Property Icon
$248,000
Estimated Property Value
$161,029Estimated Mortgage Balance
$61,491Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,488 /month
Positive
Cash Flow Estimate:
$496 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$576/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,670
$239,238
2025
$38,156
$201,082
$239,238
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,670
$239,238

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Fha
$161,029
Yes
First
Jun 17, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$186,509
$61,491
24%
75%
$1,239/mo

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: SAN BENITO

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1042 Chapman St | Property Details | No Agent List