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$259,000

NAL Estimated Property Value

2228 Hannah Dr, EDINBURG, TX, 78542

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,913 Sq Ft
price_per_sqft$73.13 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

BankruptcyOff-Market ListDeal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
FlooringHardwood, Laminate, Tile

Exterior

Lot Size7,257 sqft

Building Information

Year Built2007
Stories2
Roof Type105
Garage Spaces1

Land Information

APNF0345-01-000-0038-00
Lot Number38
SubdivisionFairhaven Village Ph 1
Land UseResidential
Legal DescriptionFAIRHAVEN VILLAGE PH 1 LOT 38
Census Tract023806
Assessed Land Value$69,295
Assessed Improvement Value$174,902
Assessment Year2025

About this property

Move in ready 3BD/2.5BA/2CG home within close proximity of Expressway 83, movie theater, grocery stores, restaurants and so much more. ** Seller financing available with 10% down payment at 9.8% interest rate for a 30 year amortization with no balloon**

Investor Tools

Property Icon
$259,000
Estimated Property Value
$108,982Estimated Mortgage Balance
$150,018Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,554 /month
Positive
Cash Flow Estimate:
$518 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$490/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,581
$228,929
2025
$69,295
$174,902
$244,197
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,581
$228,929

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Security Service Fcu
Conventional
$132,050
No
First
Oct 27, 2017
Nov 2032

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$108,982
$150,018
57%
42%
$792/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,141/mo
$792/mo
+$349/mo
5.3%

City: EDINBURG