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$298,000

2468 Lexington Pl, BROWNSVILLE, TX, 78520

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,839 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$108.16 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available

Exterior

Lot Size5,680 sqft

Building Information

Year Built2012
Stories1
Roof Type114
Garage Spaces2

Land Information

APN79-1258-0130-0310-00
Lot Number31
SubdivisionHeritage Place Subdvision Sec Iii
Land UseResidential
Legal DescriptionLOT 31 BLK 13 HERITAGE PLACE SUBDVISION SEC III (C1-2855B CCMR FILED 11-21-08)
Census Tract012517
Assessed Land Value$48,844
Assessed Improvement Value$205,316
Assessment Year2025

About this property

Move in ready!! This cozy home is located in a peaceful neighborhood in the heart of the business district, built in a traditional style by SIMMONS HOME BUILDERS. Featuring fine details throughout like GRANITE COUNTERTOPS, PORCELAIN FLOORS & CARPET & HOME APPLIANCES INCLUDED (MICROWAVE, DISHWASHER & STOVE). This is a 4 bedroom, 2 bath, open concept home. This cozy home has a very nice size living room that opens into a beautiful kitchen and a formal dining area. The backyard size is perfect for family gatherings and the home has a privacy fence all the way around the home.

Investor Tools

Property Icon
$298,000
Estimated Property Value
$165,840Estimated Mortgage Balance
$147,132Estimated Equity
44% 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
$563/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,269
$254,160
2025
$48,844
$205,316
$254,160
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,269
$254,160

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Academy Mortgage Corp
Conventional
$165,840
No
First
Jul 22, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$150,868
$147,132
49%
51%
$995/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,304/mo
$995/mo
+$309/mo
5.3%

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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2468 Lexington Pl | Property Details | No Agent List