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$126,000

NAL Estimated Property Value

2402 N Ed Carey Dr Apt 7, HARLINGEN, TX, 78550

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,012 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$81.03 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Absentee Owner

About this property

This townhouse is immaculate and is ready for a NEW OWNER! Located very close to VBMC, Heart clinic and new VA hospital, One story, corner unit, owner has done a lot of updates... remodeled in 2010 with new kitchen cabinets, counter tops, backs plash, appliances, new wood laminate floors, new plumbing, master bathroom, new roof in 2011, enclosed patio for extra room currently being used as a gym. Over sized 2 car garage with exterior access to the rear of the townhouse. There is an HOA fee to live in this subdivision but HOA takes care of your yard watering and maintenance, pool and recently the new paint job on the exterior! Asking $82,000

Investor Tools

Property Icon
$126,000
Estimated Property Value
$221,731Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$756 /month
Positive
Cash Flow Estimate:
$252 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$148/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,148
$99,596
2025
$2,470
$112,155
$114,625
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,148
$99,596

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Paulina Munoza Jr Etux
Unknown
$195,500
No
First
Feb 22, 2016
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$221,731
N/A
0%
176%
$1,691/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$910/mo
$1,691/mo
$-781/mo
8.7%

Learn About the Market: Opportunity in Texas

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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.

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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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2402 N Ed Carey Dr Apt 7 | Property Details | No Agent List