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$199,000

NAL Estimated Property Value

1909 E Madison Ave, HARLINGEN, TX, 78550

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,329 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$109.86 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available

Exterior

Lot Size10,498 sqft

Building Information

Year Built1956
Stories1
Roof Type114
Garage Spaces1

Land Information

APN20-0980-0010-0030-00
Lot Number3
SubdivisionMadison Place Subdivision
Land UseResidential
Legal DescriptionHARLINGEN- MADISON PL 70X150' LOT 3 BLK 1
Census Tract010801
Assessed Land Value$67,725
Assessed Improvement Value$76,707
Assessment Year2025

About this property

Charming four bedroom, two bath, 1329 sq ft home located in a fantastic area with unbeatable convenience! It is just a 4-minute drive to H-E-B, 6 minutes to the hospital, and only 10 minutes to the expressway. This home features a new roof, new AC, and endless potential to make it your own. Large chain-link fenced backyard with extra storage! You can't beat the price- an incredible value for the location and upgrades. Don't miss out on this opportunity! Make your appointment today!

Investor Tools

Property Icon
$199,000
Estimated Property Value
$198,550Estimated Mortgage Balance
$450Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,194 /month
Positive
Cash Flow Estimate:
$398 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$316/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,798
$144,432
2025
$67,725
$76,707
$144,432
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,798
$144,432

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Va
$200,000
Yes
First
Nov 10, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$198,550
$450
0%
100%
$1,200/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,180/mo
$1,200/mo
$-20/mo
7.1%

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.

Explore Texas Explore This Area
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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1909 E Madison Ave | Property Details | No Agent List