Last 24 Hours
$223,000
NAL Estimated Property Value1508 Res St, BROWNSVILLE, TX, 78526
Off Market
4 Beds
2 Bath
1,724 Sq Ft
$110.15 / sqft
Built in 2006Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
Bedrooms 4
Bathrooms Full 2AppliancesElectric Water Heater
FlooringTile
Exterior
Lot Size5,462 sqft
Building Information
Year Built2006
Stories1
Roof Type114
Land Information
APN29-5942-0010-0380-00
Lot Number38
SubdivisionNortheast Estates Subd. Phase Two
Land UseResidential
Legal DescriptionNORTHEAST ESTATES SUBD. PHASE TWO LOT 38 BLOCK 1 (C1-2481-AB, CCMR.)
Census Tract014502
Assessed Land Value$46,420
Assessed Improvement Value$174,828
Assessment Year2025
About this property
SPACIOUS 4 BEDROOM, 2 BATHROOM HOUSE IN A GREAT LOCATION. THIS PROPERTY IS IN CLOSE PROXIMITY TO SCHOOLS, RESTAURANTS, SHOPPING CENTERS, AND FINANCIAL INSTITUTIONS. IT FEATURES TILE FLOORS THROUGHOUT, DECORATIVE HIG CELINGS.
Investor Tools
$223,000
Estimated Property Value
$160,684Estimated Mortgage Balance
$62,316Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,338 /month
Positive
Cash Flow Estimate:
$446 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$250/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,886
$159,135
2025
$46,420
$174,828
$221,248
No
Tax History
Year
Tax Paid
Assessed Value
2025
$1,886
$159,135
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Planet Home Lending Llc
Fha
$166,819
Yes
First
Aug 17, 2022
Sep 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$160,684
$62,316
27%
72%
$1,034/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,560/mo
$1,034/mo
+$526/mo
8.4%
12.4%