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$348,000

NAL Estimated Property Value

2423 Salerno Dr, BROWNSVILLE, TX, 78526

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,083 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$88.57 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size7,362 sqft

Building Information

Year Built2010
Stories1
Roof Type105
Garage Spaces2

Land Information

APN79-1961-0060-0070-00
Lot Number7
SubdivisionPortofino Subdivision Phase Two
Land UseResidential
Legal DescriptionPORTOFINO SUBDIVISION PHASE TWO BLK 6 LOT 7 (CAB 1 SLOT 2573-B CCMR)
Census Tract014501
Assessed Land Value$62,560
Assessed Improvement Value$274,790
Assessment Year2025

About this property

PORCELAIN TILE FLOORING THROUGHOUT THIS BEAUTIFUL3 BDRM. 3 BATH HOME. HAS THE USE OF 2 MASTER BEDROOMS. LARGE KITCHEN WITH STAINLESS LOOK APPLIANCES. SPACIOUS OPEN AREAS MAKE THIS A WONDERFUL HOME FOR ENTERTAINING. SEPARATE FORMAL LIVING AREA COULD HAVE USE AS AN OFFICE.

Investor Tools

Property Icon
$348,000
Estimated Property Value
$310,129Estimated Mortgage Balance
$37,871Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,088 /month
Positive
Cash Flow Estimate:
$696 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$638/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,916
$286,383
2025
$62,560
$274,790
$337,350
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,916
$286,383

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Academy Mortgage Corp
Fha
$187,540
Yes
First
Nov 13, 2017
Dec 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$310,129
$37,871
10%
89%
$2,155/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,390/mo
$2,155/mo
$-765/mo
4.8%

City: BROWNSVILLE

2423 Salerno Dr | Property Details | No Agent List