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$267,000

NAL Estimated Property Value

2511 Cove Real Dr, HARLINGEN, TX, 78550

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,496 Sq Ft
price_per_sqft$183.82 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Water Heater, Gas Water Heater
FlooringTile

Exterior

Lot Size7,976 sqft

Building Information

Year Built2024
Stories1
Roof Type105
Garage Spaces1

Land Information

APN88-5343-0000-1950-00
Lot Number195
SubdivisionPaso Real Coves Subdivision Phase Ii
Land UseReal Property Single Family
Legal DescriptionPASO REAL COVES SUBDIVISION PHASE II LOT 195 (2025 PLAT C1-4799-4800 CCMR FILED 4/11/2024)
Census Tract011402
Assessed Land Value$61,024
Assessed Improvement Value$150,373
Assessment Year2025

About this property

This beautifully designed home in Paso Real is just what you're looking for! Located in the heart of Harlingen, TX, this brand-new Paloma floor plan offers 1,496 sq. ft. of thoughtfully designed living space, featuring 3 bedrooms and 2 full bathrooms. With tile flooring throughout, an open-concept layout, and a luxury kitchen featuring stainless steel appliances, a gas range, built-in microwave, upgraded cabinetry, a dishwasher, disposal, and a stunning quartz island, this home seamlessly blends function and style. The primary suite is a true retreat, with a large walk-in closet and a spa-inspired bathroom featuring a spacious shower with designer tile surround and modern fixtures. Step outside to enjoy a charming front courtyard, an upgraded extended covered patio, and a private yard with a wooden fence perfect for outdoor living. As a resident of the Paso Real community, you'll also enjoy access to walking trails, playgrounds, and nearby top-rated schools, parks, shopping center.

Investor Tools

Property Icon
$267,000
Estimated Property Value
$261,616Estimated Mortgage Balance
$5,384Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$500/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,666
$211,397
2025
$61,024
$150,373
$211,397
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,666
$211,397

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Stonewood Home Lending Llc
Conventional
$265,099
No
First
Jul 22, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$261,616
$5,384
2%
98%
$1,590/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,180/mo
$1,590/mo
$-410/mo
5.3%

City: HARLINGEN

2511 Cove Real Dr | Property Details | No Agent List