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$424,669

NAL Estimated Property Value

124 Old Military Hwy, BROWNSVILLE, TX, 78520

Off MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths6,300 Sq Ft
price_per_sqft$71.43 / sqft
Year BuiltBuilt in 1972

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
Heating GasHeating Gas

Exterior

Lot Size11,596 sqft

Building Information

Year Built1972
Stories2
Roof Type114

Land Information

APN04-8020-0010-0140-00
Lot Number14
SubdivisionLoma Del Rey Subdivision (Vol 21 Pg 42 M
Land UseResidential
Legal DescriptionLOMA DEL REY SUBDIVISION LOT 14 BLK 1
Census Tract012800
Assessed Land Value$89,850
Assessed Improvement Value$339,761
Assessment Year2025

About this property

12 Unit Apartment Complex aprx size: 6300sqft, 3 Lots aproz size .85acre, 1 former Mechanic Shop building Aprox Size: 1440sqft. Huge potential for growth. Investors welcome. 6 are 1 bedroom units and 6 are 2 bedroom units, all units are same size.

Investor Tools

Property Icon
$424,669
Estimated Property Value
$113,903Estimated Mortgage Balance
$311,089Estimated Equity
73% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$901/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,689
$424,669
2025
$89,850
$339,761
$429,611
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,689
$424,669

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Community Bank (Lexington)
Commercial
$147,000
No
First
Dec 17, 2015
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$113,903
$310,766
73%
27%
$882/mo

City: BROWNSVILLE

124 Old Military Hwy | Property Details | No Agent List