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$1,188,000

NAL Estimated Property Value

2714 LAKE SHORE DR., EDINBURG, TX, 78539

Off MarketInfo
Beds7 Beds
Baths9 Bath
Baths6,800 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$176.47 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 7Bedrooms 7
Bathrooms Full 7Bathrooms Full 7
Bathrooms Half 2Bathrooms Half 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Washer
FlooringCarpet, Hardwood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size23,858 sqft

Building Information

Year Built1975
Stories2
Roof Type104
Garage Spaces2

Land Information

APNL2450-00-000-0031-00
Lot Number31,32
SubdivisionLake James - Sml
Land UseResidential
Legal DescriptionLAKE JAMES LOT 31 & N8' LOT 32
Census Tract023905
Assessed Land Value$190,864
Assessed Improvement Value$479,767
Assessment Year2025

About this property

Stunning Mediterranean-inspired estate nestled on a tree-shaded lot! This property showcases a resort-style backyard with a sparkling swimming pool, mature oak trees, lush landscaping, and multiple outdoor living areas perfect for entertaining. The spacious two-story home features arched patios, wrought-iron details, and timeless Spanish-style architecture. Private courtyard entrance, charming fountains, and expansive balconies add to the character and elegance of this rare find in McAllen. The home was fully reconstructed in 2010. There are many details in this home - formal dining room with wine cave & custom decorative ceilings; hand crafted iron staircase; 18” ceilings in living room; 3 wood-burning fire places; private access to jacuzzi under beautiful iron gazebo; extra-large butlers' pantry offering privacy & space for caterers to work behind the scenes; & a separate back house which includes 2 offices, a gym, and a private guest bedroom.

Investor Tools

Property Icon
$1,188,000
Estimated Property Value
$637,413Estimated Mortgage Balance
$550,587Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,200 /month
Positive
Cash Flow Estimate:
$2,400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,094/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,189
$670,631
2025
$190,864
$479,767
$670,631
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,189
$670,631

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Carrington Mortgage Services Llc
Conventional
$658,000
No
First
Jul 1, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$637,413
$550,587
46%
54%
$3,946/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,320/mo
$3,946/mo
$-2,626/mo
1.3%

City: EDINBURG

2714 LAKE SHORE DR. | Property Details | No Agent List