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$289,000

NAL Estimated Property Value

1761 Castillo St, OLMITO, TX, 78575

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,730 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.33 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available

Exterior

Lot Size8,133 sqft

Building Information

Year Built2021
Stories1
Garage Spaces2

Land Information

APN79-1276-0030-0260-00
Lot Number26
SubdivisionPalo Alto Residence Ph I Subdivision
Land UseResidential
Legal DescriptionLOT 26 BLK 3 PALO ALTO RESIDENCE PH I SUBDIVISION (2019 PLAT C1-3785-3787 CCMR FILED 10/05/2018)
Census Tract014401
Assessed Land Value$79,307
Assessed Improvement Value$225,698
Assessment Year2025

About this property

For lease this 3 Bedroom 2.5 bath 2 Car Garage located in Palo Alto Subdivision right of Fm 511 Great location for fast travel time to the port of Brownsville Space X. This modern home build in 2023 with Big Bedrooms Nice moder restrooms, quartz counter. Big Main Bedroom, open layout, Led Lighting, Fridge and Stove and Big Backyard in a very nice location

Investor Tools

Property Icon
$289,000
Estimated Property Value
$251,552Estimated Mortgage Balance
$37,448Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,734 /month
Positive
Cash Flow Estimate:
$578 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$479/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,306
$261,159
2025
$79,307
$225,698
$305,005
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,306
$261,159

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Academy Mortgage Corp
Fha
$236,634
Yes
First
Sep 30, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$251,552
$37,448
12%
87%
$1,639/mo

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: OLMITO

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1761 Castillo St | Property Details | No Agent List