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$683,000

NAL Estimated Property Value

2040 Paseo Reforma, BROWNSVILLE, TX, 78520

Off MarketInfo
Beds6 Beds
Baths7 Bath
Baths6,485 Sq Ft
price_per_sqft$103.16 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 6Bathrooms Full 6
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDouble Oven, Ice Maker, Electric Water Heater

Exterior

Private PoolPrivate Pool
Lot Size38,254 sqft

Building Information

Year Built2002
Stories2
Roof Type104
Garage Spaces2

Land Information

APN77-8363-0010-0140-00
Lot Number14
SubdivisionVillas Reforma Subdivision (Cab 1 Slot
Land UseResidential
Legal DescriptionLOT 14 BLK 1 VILLAS REFORMA SUBDIVISION (CAB 1 SLOT 1703-A&B CCMR)
Census Tract012800
Assessed Land Value$320,488
Assessed Improvement Value$349,512
Assessment Year2025

About this property

Come home to a little slice of the Spanish countryside in the RGV ! Nestled in a boutique gated community, this opulent home is built to impress. Five spacious bedrooms boast large closets, built-in shelving units, and en-suite bathrooms , in the kitchen, the granite countertops, massive island and plenty fo storage will inspire even the most amateur of chefs. From the grand entry staircase to the columns & recessed ceilings, classic architectural touches throughout the home make it a decorator's dream . When it is time to entertain, this home has no shortage of amenities . The two half bathrooms, separate living/dining rooms , bright sunroom, event space , & wet bar ensure you're ready to host everything from cozy dinner parties to black tie-galas. Let the party spinout into backyard.

Investor Tools

Property Icon
$683,000
Estimated Property Value
$568,932Estimated Mortgage Balance
$114,068Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,098 /month
Positive
Cash Flow Estimate:
$1,366 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,324/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,473
$670,000
2025
$320,488
$349,512
$670,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$12,473
$670,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$600,000
No
First
Jun 6, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$568,932
$114,068
16%
83%
$3,598/mo

City: BROWNSVILLE

2040 Paseo Reforma | Property Details | No Agent List