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$248,000

1505 Joe Justice St, WESLACO, TX, 78599

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,326 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$169.68 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size8,289 sqft

Building Information

Year Built2023
Roof Type105
Garage Spaces1

Land Information

APNS0669-10-001-0063-00
Lot Number63
SubdivisionSan Jacinto Estates No. 10 Ph 1 - Swl
Land UseVacant Land
Legal DescriptionSAN JACINTO ESTATES NO. 10 PH 1 LOT 63
Census Tract022504
Assessed Land Value$87,019
Assessed Improvement Value$144,911
Assessment Year2025

About this property

Located in the up and coming San Jacinto Estates subdivision. This new construction home measures 1,326 of living square feet and sits on .19 of an acre. Features a 3BR/2BA, quartz countertops all throughout the home, modern light fixtures, split bedrooms and porcelain tile flooring. It displays an open concept kitchen, living and dining areas. Nearby schools, hospitals, retail outlets and restaurants encompass the area.

Investor Tools

Property Icon
$248,000
Estimated Property Value
$225,834Estimated Mortgage Balance
$0Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,488 /month
Positive
Cash Flow Estimate:
$496 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$437/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,005
$231,930
2025
$87,019
$144,911
$231,930
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,005
$231,930

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Academy Mortgage Corp
Fha
$225,834
Yes
First
Sep 13, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$430,454
N/A
0%
174%
$2,708/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,141/mo
$2,708/mo
$-1,567/mo
5.5%

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.

Explore Texas Explore This Area
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: WESLACO

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1505 Joe Justice St | Property Details | No Agent List