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$298,000

NAL Estimated Property Value

2417 Salerno Dr, BROWNSVILLE, TX, 78526

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,076 Sq Ft
price_per_sqft$81.84 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Water Heater
FlooringTile

Exterior

Lot Size7,362 sqft

Building Information

Year Built2010
Stories1
Roof Type105
Garage Spaces2

Land Information

APN79-1961-0060-0060-00
Lot Number6
SubdivisionPortofino Subdivision Phase Two
Land UseResidential
Legal DescriptionPORTOFINO SUBDIVISION PHASE TWO BLK 6 LOT 6 (CAB 1 SLOT 2573-B CCMR)
Census Tract014501
Assessed Land Value$62,560
Assessed Improvement Value$270,018
Assessment Year2025

About this property

This traditional three-bedroom, three-bath home is move-in ready, with an open & contemporary floor plan. Arched doorways, tile floors and granite countertops throughout add a clean, elegant touch. This home has an additional front room with a closet which can be used as a formal living room or an office, or converted to a fourth bedroom. French doors open from the great room to the covered patio, and the yard is landscaped both front and back. Other features include inside laundry room, crown molding and a security system.

Investor Tools

Property Icon
$298,000
Estimated Property Value
$134,540Estimated Mortgage Balance
$163,460Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,788 /month
Positive
Cash Flow Estimate:
$596 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$610/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,831
$282,954
2025
$62,560
$270,018
$332,578
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,831
$282,954

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Fha
$167,178
Yes
First
Dec 2, 2016
May 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$134,540
$163,460
54%
45%
$1,003/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,390/mo
$1,003/mo
+$387/mo
5.6%

Learn About the Market: Opportunity in Texas

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Explore

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: BROWNSVILLE

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2417 Salerno Dr | Property Details | No Agent List