$208,000
NAL Estimated Property Value13 Ray Ave, BROWNSVILLE, TX, 78521
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesElectric Water Heater
FlooringCarpet, Laminate, Tile
Exterior
Lot Size6,891 sqft
Building Information
Year Built1981
Stories1
Roof Type105
Garage Spaces1
Land Information
APN02-6200-0000-0230-00
Lot Number23
SubdivisionEastwood Estates Addition
Land UseResidential
Legal DescriptionEASTWOOD ESTATES ADDITION LOT 23
Census Tract013102
Assessed Land Value$58,565
Assessed Improvement Value$126,916
Assessment Year2025
About this property
Great 4 bedroom 2 1/2 bath home in an established neighborhood. Home features an open living and dining area with an open view to the kitchen. The back yard is very spacious and has a nice cooking area off to the side. Home was recently painted, New garage doors were installed and master bath shower was re-tiled.
Investor Tools
$208,000
Estimated Property Value
$95,761Estimated Mortgage Balance
$112,239Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,248 /month
Positive
Cash Flow Estimate:
$416 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$407/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,845
$185,481
2025
$58,565
$126,916
$185,481
No
Tax History
Year
Tax Paid
Assessed Value
2025
$3,845
$185,481
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Goldwater Bank Na
Conventional
$107,350
No
First
Sep 15, 2020
Oct 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$95,761
$112,239
53%
46%
$644/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,304/mo
$644/mo
+$660/mo
7.5%
