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$359,000

NAL Estimated Property Value

20648 Morris Rd, HARLINGEN, TX, 78552

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,728 Sq Ft
price_per_sqft$67.41 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
AppliancesDouble Oven, Electric Water Heater
FlooringCarpet, Hardwood, Tile

Exterior

Lot Size23,305 sqft

Building Information

Year Built1975
Stories2
Roof Type114
Garage Spaces3

Land Information

APN88-1920-0730-0025-00
SubdivisionLon C Hill Subdivision
Land UseResidential
Legal DescriptionLON C HILL SUBDIVISION BLK 73 0.5350 ACRES
Census Tract012104
Assessed Land Value$34,240
Assessed Improvement Value$129,873
Assessment Year2025

About this property

Country side living on.5 of an acre, this 4 bedroom 4 bath home has all the space you need.The main house was built in 1996 and connected directly to the original. Upgrades include a modern kitchen with granite counters, updated fixtures, and a large center island. Wood like tile flooring was recently installed in the spacious living room. The master bedroom is located downstairs and features a spa like bathroom with separate shower and jetted tub. Bedroom #2 is upstairs and has a private bath and living area. The original part of the home has it's own kitchen and second living area, 2 bedrooms, 2 full baths and an office that could be an additional bedroom. This set up would also work great for a mother-in-law's quarters or live in help.Attached storage/workshop, extra parking,for RV/boat

Investor Tools

Property Icon
$359,000
Estimated Property Value
$137,677Estimated Mortgage Balance
$221,323Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,154 /month
Positive
Cash Flow Estimate:
$718 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$226/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$911
$149,297
2025
$34,240
$129,873
$164,113
No

Tax History

Year
Tax Paid
Assessed Value
2025
$911
$149,297

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$172,425
No
First
Sep 29, 2016
Oct 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$137,677
$221,323
61%
38%
$1,034/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,280/mo
$1,034/mo
+$246/mo
4.3%

City: HARLINGEN

20648 Morris Rd | Property Details | No Agent List