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$263,000

NAL Estimated Property Value

1305 Playa Drive, Weslaco, TX, 78596

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,575 Sq Ft
price_per_sqft$154.6 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Electric Range
FlooringTile

Exterior

Lot Size6,504 sqft

Building Information

Year Built2022
Stories1
Roof Type105
Garage Spaces1

Land Information

APNM4820-00-002-0048-00
Lot Number48
SubdivisionMira Vista - Swl
Land UseResidential
Legal DescriptionMIRA VISTA LOT 48 BLK 2
Census Tract022900
Assessed Land Value$57,872
Assessed Improvement Value$192,768
Assessment Year2025

About this property

Honey stop the car. This one has ALL the bells & whistles PLUS corner lot. Gated, code access subdivision entrance, hard corner lot with curbs. Brick on all 4 sides w Stone accent front. Rear loading garage = enhanced curb appeal. You won't find this elsewhere -garage ceiling is insulated in case you want to use as craft, remote work room or man cave. 30 yr shingles. LED soffit lights, Eve connections for Christmas lights. Secondary water meter for sprinkler system & sod on front and side. Large covered patio. Grand 8' front door. High ceilings throughout, wood look tile for easy maintenance. Upgraded fixture pkg has Ashwood custom stained cabinets, 72' ceiling fan, quartz counters, lit walk in pantry, stone backsplash, oil rubbed bronze fixtures throughout. Main bedroom has glass surround walk in shower and double sink package. Huge walk in closet.

Investor Tools

Property Icon
$263,000
Estimated Property Value
$243,611Estimated Mortgage Balance
$19,389Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,578 /month
Positive
Cash Flow Estimate:
$526 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$502/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,703
$245,489
2025
$57,872
$192,768
$250,640
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,703
$245,489

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Neighborhood Mortgage Company Llc
Va
$245,753
Yes
First
Nov 20, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$243,611
$19,389
7%
93%
$1,474/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,141/mo
$1,824/mo
$-683/mo
5.2%

City: Weslaco

1305 Playa Drive | Property Details | No Agent List