$298,000
NAL Estimated Property Value2417 Salerno Dr, BROWNSVILLE, TX, 78526
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh EquityMove-In Ready
Highlights
Interior
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
$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
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%
