$238,340
NAL Estimated Property Value1646 Throckmorton St, HARLINGEN, TX, 78550
$309,842 ARV
Off Market
Commercial
Highlights
Interior
AppliancesElectric Water Heater
FlooringTile, Vinyl
Exterior
Lot Size17,328 sqft
Building Information
Year Built1987
Stories1
Roof Type114
Land Information
APN15-2510-0080-0070-00
Lot Number7,LOT8
SubdivisionArroyo Estates Subdivision
Land UseCommercial
Legal DescriptionLOT 7 & N 54.41' OF LOT 8 BLK 8 ARROYO ESTATES SUBDIVISION (VOL 13 PG 78 MRCC)
Census Tract011301
Assessed Land Value$111,767
Assessed Improvement Value$169,159
Assessment Year2025
About this property
3,585 square foot commercial building that was formerly used as a children's daycare facility. Most of the FF&E from the previous operation is still in the building and can be included in the sale making this a turnkey opportunity or the seller will have the building cleaned out prior to closing. This property is located in the medical district and is zoned neighborhood services making it suitable for a wide range of uses. Building needs some TLC and it is priced accordingly.
Investor Tools
$238,340
Estimated Property Value
$354,437Estimated Mortgage Balance
$238,340Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$309,842
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,430 /month
Positive
Cash Flow Estimate:
$477 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$484/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,617
$238,340
2025
$111,767
$169,159
$280,926
No
Tax History
Year
Tax Paid
Assessed Value
2025
$4,617
$238,340
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Frost Bank
Commercial
$149,300
No
First
Aug 9, 2016
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$354,437
N/A
0%
149%
$2,509/mo
