Last 24 Hours
$540,900
NAL Estimated Property Value1409 W CANALES BROS RD., RIO GRANDE CITY, TX, 78582
Off Market
Commercial
— Beds
— Bath
4,532 Sq Ft
$74.8 / sqft
Built in 2004Highlights
Interior
Bedrooms —
Bathrooms —AppliancesElectric Water Heater
FlooringConcrete, Vinyl
Exterior
Lot Size2.45 acres
Building Information
Year Built2004
Land Information
APN054610000000300000000
Lot Number3
SubdivisionC.A.C.S.T. Youthplex S/D
Land UseOther / Unknown
Legal DescriptionLOT 3 C.A.C.S.T. YOUTHPLEX S/D
Census Tract950500
Assessed Land Value$133,400
Assessed Improvement Value$407,500
Assessment Year2024
About this property
4,352 S.F. commercial building with a large covered concrete sport court located on a 2.45 acre lot on the north side of Rio Grande City. The 1.5 story commercial grade building has a concrete block exterior with a metal roof. The sport court area also has a metal roof on metal trusses. There are several fenced play areas. The property is currently leased to TMC Head Start and is being operated as a daycare/learning facility.
Investor Tools
$540,900
Estimated Property Value
$0Estimated Mortgage Balance
$540,900Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,245 /month
Positive
Cash Flow Estimate:
$1,082 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$225/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$540,900
2024
$133,400
$407,500
$540,900
No
Tax History
Year
Tax Paid
Assessed Value
2022
N/A
$540,900
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$540,900
100%
0%
$0/mo
12.4%