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$2,195

1613 Elmwood Dr, Harlingen, TX, 78550

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,250 Sq Ft
price_per_sqft$66.3 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

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

Exterior

Lot Size13,325 sqft

Building Information

Year Built1958
Stories1
Roof Type105
Garage Spaces1

Land Information

APN19-7540-0100-0040-00
Lot Number4
SubdivisionLaurel Park Subdivision 4
Land UseResidential
Legal DescriptionHARLINGEN- LAUREL PARK-4 LOT 4 BLK J
Census Tract011301
Assessed Land Value$85,955
Assessed Improvement Value$146,128
Assessment Year2025

About this property

OWNER FINANCE OPPORTUNITY! This 3BD/2.5BTH boasts with unique Mid-Century Modern architecture. Exposed brick walls in the living area are accented with walls of windows parallel one another. Exposed beams, ductwork and terrazzo flooring. Extremely open and unique floor plan that you will not find elsewhere. Come see what makes this home a timeless masterpiece.

Investor Tools

$120,402Estimated Mortgage Balance
$119,502Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,428 /month
Positive
Cash Flow Estimate:
$476 /month

Interested in this property?

ADAM CANTWELL

CANTWELL & COMPANY REAL ESTATE

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$243/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,721
$155,416
2025
$85,955
$146,128
$232,083
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,721
$155,416

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Va
$150,000
Yes
First
Nov 17, 2016
Dec 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$120,402
$153,598
56%
51%
$900/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,180/mo
$900/mo
+$280/mo
5.9%

City: Harlingen

1613 Elmwood Dr | Property Details | No Agent List