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$167,000

NAL Estimated Property Value

24436 Fm 508, HARLINGEN, TX, 78550

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,608 Sq Ft
price_per_sqft$55.35 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Water Heater
FlooringLaminate, Tile

Exterior

Lot Size15,115 sqft

Building Information

Year Built1980
Stories1
Roof Type105
Garage Spaces4

Land Information

APN97-2170-0640-0102-00
SubdivisionBriggs-Coleman Survey 28/271/272
Land UseResidential
Legal DescriptionBRIGGS-COLEMAN SURVEY 28/271/272 BLK 64 PTW10E15., 0.3470 ACRES
Census Tract010205
Assessment Year2025

About this property

Move in Ready outside of Harlingen city limits... come check out this remodeled 3 bedroom, 2 bath home on FM 508, just past our airport. Home is located in Harlingen but is in the Rio Hondo School District. House was built in 1981 but has seen a total makeover thru the years. It has 1,608 sq.ft, split floor plan, all tile and wood laminate floors. Granite counter tops in the kitchen and beautiful new cabinetry. This would make a great starter home for any family. 10 year old roof, fenced backyard, storage shed conveys, large covered carport and paved side walk to the side of the house. Only asking $89,000... won't last long!

Investor Tools

Property Icon
$167,000
Estimated Property Value
$67,135Estimated Mortgage Balance
$99,865Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,002 /month
Positive
Cash Flow Estimate:
$334 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$130/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$730
$105,073
2025
N/A
N/A
$231,852
No

Tax History

Year
Tax Paid
Assessed Value
2025
$730
$105,073

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Houstonian Mortgage Group Inc
Fha
$87,387
Yes
First
Jul 7, 2015
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$67,135
$99,865
59%
40%
$0/mo

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.

Explore Texas Explore This Area
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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24436 Fm 508 | Property Details | No Agent List