Last 24 Hours
$588,000
NAL Estimated Property Value1511 Playa Dr, WESLACO, TX, 78596
Off Market
Commercial
— Beds
— Bath
4,200 Sq Ft
Multi Family
$120.24 / sqft
Built in 2023Highlights
Interior
Bedrooms —
Bathrooms —
Garage Available
Heating Central
CoolingExterior
Lot Size10,359 sqft
Building Information
Year Built2023
Roof Type105
Garage Spaces5
Land Information
APNT1650-00-000-0019-00
Lot Number19
SubdivisionTen Fifteen - Swl
Land UseVacant Land
Legal DescriptionTEN FIFTEEN LOT 19
Census Tract022900
Assessed Land Value$101,528
Assessed Improvement Value$399,695
Assessment Year2025
About this property
Located in the newly constructed Ten Fifteen subdivision. This newly constructed four-plex measures approximately, 1.050 of living square feet per unit and sits on 0.24 of an acre. Features 2BR/2BA, quartz countertops and title flooring all throughout the units. Each unit is individually metered for electricity and water.
Investor Tools
$588,000
Estimated Property Value
$362,763Estimated Mortgage Balance
$225,237Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,528 /month
Positive
Cash Flow Estimate:
$1,176 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,303/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,702
$501,223
2025
$101,528
$399,695
$501,223
No
Tax History
Year
Tax Paid
Assessed Value
2024
$12,702
$501,223
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citadel Servicing Corporation
Conventional
$378,750
No
First
Dec 26, 2023
Jan 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$362,763
$225,237
38%
62%
$2,271/mo
12.4%