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$235,000

NAL Estimated Property Value

1625 Paloma Ln, HARLINGEN, TX, 78552

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,305 Sq Ft
price_per_sqft$110.73 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Water Heater
FlooringCarpet, Tile

Exterior

Lot Size1 acre

Building Information

Year Built1989
Stories1
Roof Type105
Garage Spaces2

Land Information

APN98-4190-0150-0100-00
SubdivisionStuart Place Subdivision Surveys 42/297
Land UseResidential
Legal DescriptionSTUART PLACE SURVEY 42/297 BLK 15 N, 1.0000 ACRES
Census Tract012003
Assessed Land Value$71,048
Assessed Improvement Value$96,841
Assessment Year2025

About this property

COUNTRY COTTAGE! This 3 Bedroom, 2 Bath home sits on 5 Acres of Country Property, but is still inside the City Limits of Harlingen. It's about 2 Miles from Bass Pro Shops, Sam's, HEB and the Retail Center of town, giving you quick access to just about everything you could want. The house is basically in its original condition, so it could use some updating and some TLC, but with this much land at this low price, how could you go wrong? The property has been baled for years and continues to produce good hay. There are a few additional structures on the property that have no value, but could possible be the beginnings of barns or other outdoor structures. There is also a small lean-to stable in the pasture. The house is in an estate and is being sold as-is. Come and take a look!

Investor Tools

Property Icon
$235,000
Estimated Property Value
$204,365Estimated Mortgage Balance
$30,635Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,410 /month
Positive
Cash Flow Estimate:
$470 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$200/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,223
$105,549
2025
$71,048
$96,841
$167,889
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,223
$105,549

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ntfn Inc
N/A
$135,200
N/A
First
Apr 29, 2015
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$204,365
$30,635
13%
87%
$1,607/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,280/mo
$1,607/mo
$-327/mo
6.5%

City: HARLINGEN

1625 Paloma Ln | Property Details | No Agent List