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$334,000

NAL Estimated Property Value

115 Palo Alto Dr, BROWNSVILLE, TX, 78521

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,857 Sq Ft
price_per_sqft$150.51 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Water Heater
FlooringTile

Exterior

Lot Size11,770 sqft

Building Information

Year Built1980
Stories1
Roof Type105
Garage Spaces2

Land Information

APN05-5990-0010-0320-00
Lot Number32
SubdivisionPalo Verde Resubdivision Sec Ii
Land UseResidential
Legal DescriptionPALO VERDE RESUBDIVISION SEC I UB-SEC 1 LOT 32
Census Tract013104
Assessed Land Value$85,028
Assessed Improvement Value$130,983
Assessment Year2025

About this property

A little slice of Los Angeles in the RGV, this charmer won't stay on the market for long ! Bright natural light greets you at every turn in this spacious , open floor plan. The great room & kitchen are ideal for entertaining , and stunning arches throughout the home give it a vintage appeal. These living spaces flow into roomy bedrooms with great windows., tile floors, and ample closet space. The yard is the true highlight of this home ; beautiful landscaping boasts mature trees with ample shade from the south Texas sun. the green space is a gardeners's dream and the detached two car garage has plenty of space for tools, storage and even a she-shed. Your oasis awaits .....welcome home ! Just to note the large pony tail pal in the ceramic pot will remain with the home.

Investor Tools

Property Icon
$334,000
Estimated Property Value
$195,051Estimated Mortgage Balance
$138,949Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,004 /month
Positive
Cash Flow Estimate:
$668 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$410/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,253
$216,011
2025
$85,028
$130,983
$216,011
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,253
$216,011

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$212,000
No
First
Jan 12, 2022
Feb 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$195,051
$138,949
41%
58%
$1,272/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,156/mo
$1,272/mo
$-116/mo
4.2%

City: BROWNSVILLE

115 Palo Alto Dr | Property Details | No Agent List