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$177,000

NAL Estimated Property Value

2616 Quince Ave, MCALLEN, TX, 78501

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,655 Sq Ft
price_per_sqft$107.55 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1.5Bathrooms Full 1.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Water Heater

Exterior

Lot Size12,049 sqft

Building Information

Year Built1969
Stories1
Roof Type112
Garage Spaces1

Land Information

APNL4500-01-000-0007-00
Lot Number7
SubdivisionLincoln Terrace - Sml
Land UseResidential
Legal DescriptionLINCOLN TERRACE LOT 7
Census Tract020725
Assessed Land Value$84,347
Assessed Improvement Value$83,065
Assessment Year2025

About this property

With a little bit of TLC, this 3 bedroom, 2 bath fixer-upper can be the perfect home at an amazing price directly across from a school, walking distance from STC and on a convenient yet tucked away corner. No central air, flooring or cabinetry but isn't that what you wanted to pick out anyway? Make it yours. This is the project that FHA 203k loans were made for!

Investor Tools

Property Icon
$177,000
Estimated Property Value
$109,079Estimated Mortgage Balance
$67,921Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,068 /month
Positive
Cash Flow Estimate:
$356 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$292/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,617
$165,742
2025
$84,347
$83,065
$167,412
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,617
$165,742

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Movement Mortgage
Conventional
$119,000
No
First
Feb 1, 2022
Feb 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$109,079
$67,921
38%
62%
$714/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,170/mo
$714/mo
+$456/mo
7.9%

City: MCALLEN

2616 Quince Ave | Property Details | No Agent List