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$233,000

NAL Estimated Property Value

116 Hodges St, LOS FRESNOS, TX, 78566

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,014 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$109.24 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3

Exterior

Lot Size9,121 sqft

Building Information

Year Built1980
Stories1

Land Information

APN37-9000-0000-0380-00
Lot Number38
SubdivisionWest Canal Addition (Vol 25 Pg 9 )
Land UseResidential
Legal DescriptionLOS FRESNOS - WEST CANAL LOT 38
Census Tract012402
Assessed Land Value$64,752
Assessed Improvement Value$144,259
Assessment Year2025

About this property

Nestled in the serene town of Los Fresnos, this charming 4-bedroom, 3-bathroom home offers a cozy haven within reach of South Padre Island's sun-soaked beaches and the innovative hub of SpaceX. Boasting a unique feature, the garage has been tastefully transformed into an additional bedroom, providing versatility and ample space for your needs. Recently updated, the property showcases a new fence for added privacy and security, NEW HVAC, brand new appliances that will convey, along with a 5-year-old roof ensuring peace of mind for years to come. Whether you're seeking an investment opportunity or embarking on the journey of homeownership, this residence presents an ideal canvas for your aspirations. With a touch of tender loving care, this home has the potential to blossom into the perfect abode for your family. Don't miss the chance to make cherished memories in this inviting retreat, where comfort meets opportunity! Selling AS-IS!

Investor Tools

Property Icon
$233,000
Estimated Property Value
$214,353Estimated Mortgage Balance
$18,647Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,398 /month
Positive
Cash Flow Estimate:
$466 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$378/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,370
$209,011
2025
$64,752
$144,259
$209,011
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,370
$209,011

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Fha
$220,924
Yes
First
Aug 5, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$214,353
$18,647
8%
92%
$1,325/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.

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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: LOS FRESNOS

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116 Hodges St | Property Details | No Agent List