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$372,000

1224 N Illinois Ave, BROWNSVILLE, TX, 78521

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths704 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$675.43 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1

Exterior

Lot Size4.50 acres

Building Information

Year Built1960
Stories1

Land Information

APN74-7540-3100-0100-00
Lot Number10
SubdivisionEl Jardin Resubdivision
Land UseResidential
Legal DescriptionEL JARDIN RESUBDIVISION LOT 10 BLK 310 S, 4.5000 ACRES
Census Tract013207
Assessed Land Value$225,000
Assessed Improvement Value$39,396
Assessment Year2025

About this property

Escape to this charming 1960s wood-built cottage, nestled on 4.5 acres of peaceful land. This cozy 704 sq. ft. home features 2 bedrooms, 1 bath, and a laundry area in one room. The good size kitchen with dining area in the kitchen and the living room offer a perfect space for relaxing or entertaining. Step outside to a covered back porch with views of the expansive backyard, complete with a fire pit area for evening gatherings. A two-level tuff shed provides extra storage, while an electric front entrance gate offers privacy and security. Enjoy nature with a private trail, bird-watching station, and scenic views of the Resaca. The property also includes a beautiful deck for unwinding and taking in the surroundings. Currently listed on Airbnb, this cottage presents an ideal opportunity for a personal retreat or an income-generating property. Whether for full-time living or a weekend getaway, this property offers endless possibilities for relaxation and adventure. (Bro Irrigation rights)

Investor Tools

Property Icon
$372,000
Estimated Property Value
$356,250Estimated Mortgage Balance
$17,813Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,853 /month
Positive
Cash Flow Estimate:
$951 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$493/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,051
$264,396
2025
$225,000
$39,396
$264,396
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,051
$264,396

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Security National Mortgage Co
Conventional
$356,250
No
First
Dec 19, 2025
Jan 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$354,187
$17,813
4%
95%
$2,136/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: BROWNSVILLE

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1224 N Illinois Ave | Property Details | No Agent List