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$283,000

1601 Karis Ct, HARLINGEN, TX, 78550

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,839 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$100 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size7,889 sqft

Building Information

Year Built2013
Stories1
Roof Type105
Garage Spaces2

Land Information

APN18-4038-0040-0250-00
Lot Number25
SubdivisionAdam's Crossing Subdivision No. 3
Land UseResidential
Legal DescriptionLOT 25 BLK 4 ADAM'S CROSSING SUBDIVISION NO. 3 ( CI 2658-B )
Census Tract010204
Assessed Land Value$50,891
Assessed Improvement Value$227,805
Assessment Year2025

About this property

Gorgeous 3 Bedroom 2.5 Bathroom home with a split floor plan located just off the 499 Loop in the desirable Adams Crossing Neighborhood. Fabulous high decorative ceiling, warm neutral colors and beautiful archways set this home apart. Gourmet Kitchen with warm wood beam celling, granite counters, breakfast bar and stainless kitchen appliances. Beautiful Formal dining room or could be a lovely office with the wood like Porcelain tile floors. Spacious and elegant master suite. Master bathroom features granite countertops, garden tub and separate shower and features large walk-in closet. Large backyard with privacy with plenty of room for a pool.

Investor Tools

Property Icon
$283,000
Estimated Property Value
$170,211Estimated Mortgage Balance
$127,860Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,698 /month
Positive
Cash Flow Estimate:
$566 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$434/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$260,020
2025
$50,891
$227,805
$278,696
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$260,020

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Va
$170,211
Yes
First
Aug 30, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$155,140
$127,860
45%
55%
$1,021/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,180/mo
$1,021/mo
+$159/mo
5.0%

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.

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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: HARLINGEN

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1601 Karis Ct | Property Details | No Agent List