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$224,900

$229,500

26111 Meredith St, La Feria, TX, 78559

$238,946 ARVInfo
On MarketInfo
Just AddedInfo
Price DropInfo
Beds6 Beds
Baths3 Bath
Baths3,209 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$70.08 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Half 3Bathrooms Half 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range, Microwave

Exterior

Lot Size11,395 sqft

Building Information

Year Built2006
Stories2
Roof Type105
Garage Spaces2

Land Information

APN84-3493-0030-0150-00
Lot Number15
SubdivisionMariposa Ranch Phase Iii
Land UseResidential
Legal DescriptionMARIPOSA RANCH PHASE III LOT 15 BLK 3 (CAB-1 SLOT 2410-B
Census Tract010304
Assessed Land Value$75,775
Assessed Improvement Value$206,448
Assessment Year2025

About this property

Opportunity knocks at this stunning home. This investor special is packed with potential and ready for your vision. One of the standout features is the marble flooring already installed throughout the first floor, providing a high-end touch and a valuable head start on renovations. Whether you're looking for your next fix-and-flip project, rental investment, or a property to customize an build equity, this home offers a solid foundation with room to add value. Located only 45 minutes from the beach. Bring your ideas and unlock the potential of this diamond in the rough. All information is deemed reliable. Buyers and Buyers Agents to do their own due diligence.

Investor Tools

Property Icon
$348,000
Estimated Property Value
$128,049Estimated Mortgage Balance
$254,344Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$238,945
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,088 /month
Positive
Cash Flow Estimate:
$696 /month

Interested in this property?

Jeb Bryant

The Real Estate Power Houses

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$551/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,867
$282,223
2025
$75,775
$206,448
$282,223
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,867
$282,223

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New Century Mortgage Corp
Unknown
$128,049
No
First
Jul 7, 2006
Aug 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$93,656
$254,344
73%
27%
$1,146/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,141/mo
$1,146/mo
$-5/mo
3.9%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: La Feria

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26111 Meredith St | Property Details | No Agent List