$190,800
118 W Spencer Ct, HARLINGEN, TX, 78550
Pending
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesElectric Water Heater
FlooringLaminate, Tile
Exterior
Lot Size6,299 sqft
Building Information
Year Built1982
Stories1
Roof Type114
Garage Spaces2
Land Information
APN24-6420-0010-0370-00
Lot Number37
SubdivisionTropical Acres Subdivision Unit 10
Land UseResidential
Legal DescriptionHARLINGEN- TROPICAL ACRES 10 LOT 37
Census Tract010604
Assessed Land Value$40,635
Assessed Improvement Value$105,991
Assessment Year2025
About this property
This beautifully home features 3spacious bedrooms 2 full bathrooms with two vanities each. The master bedrooms has his and her walking closet. Every area in the home is spacious for your own comfort including a big back yard for those family reunions. Nestled at a peaceful subdivision, this inviting residence is waiting for a joyful family. Enjoy the privacy of a fully fenced backyard, a 2 car garage, and no history of flooding. Schedule your private showing and make it your home room.
Investor Tools
$64,117Estimated Mortgage Balance
$148,522Estimated Equity
68% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,272 /month
Positive
Cash Flow Estimate:
$424 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$342/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,049
$146,626
2025
$40,635
$105,991
$146,626
No
Tax History
Year
Tax Paid
Assessed Value
2025
$3,049
$146,626
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Conventional
$78,072
No
First
Aug 22, 2017
Sep 2047
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$64,117
$140,883
68%
30%
$469/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,180/mo
$469/mo
+$711/mo
6.7%
