Last 24 Hours
$232,000
NAL Estimated Property Value2300 S Gardenia St, PHARR, TX, 78577
Off Market
3 Beds
2 Bath
1,615 Sq Ft
$60.68 / sqft
Built in 2007Property Lead Type:
BankruptcyOff-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
Bedrooms 3
Bathrooms Full 2
Garage Available
Heating Central
CoolingBuilding Information
Year Built2007
Stories1
Roof Type183
Garage Spaces2
Land Information
APNS5278-00-000-0061-00
Lot Number61
SubdivisionSouthwinds
Land UseResidential
Legal DescriptionSOUTHWINDS LOT 61
Census Tract021408
Assessed Land Value$60,610
Assessed Improvement Value$162,844
Assessment Year2025
About this property
Nice three bedroom home in a newer subdivision in Pharr. This lender owned property is currently occupied by a tenant who is paying $1,100 per month and would like to continue renting the property. Nice investment opportunity. The house next door at 2304 is also for sale by the same owner.
Investor Tools
$232,000
Estimated Property Value
$81,160Estimated Mortgage Balance
$150,840Estimated Equity
65% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,392 /month
Positive
Cash Flow Estimate:
$464 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$575/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,746
$223,454
2025
$60,610
$162,844
$223,454
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,746
$223,454
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nationstar Mortgage Llc
Conventional
$90,800
No
First
Oct 8, 2020
Nov 2035
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$81,160
$150,840
65%
35%
$545/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,180/mo
$545/mo
+$635/mo
6.1%
12.4%