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$243,000

NAL Estimated Property Value

28 Ray Ave, BROWNSVILLE, TX, 78521

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,050 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$119.51 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Water Heater
FlooringTile

Exterior

Lot Size5,780 sqft

Building Information

Year Built1976
Stories1
Roof Type105

Land Information

APN02-6200-0000-0450-00
Lot Number45
SubdivisionEastwood Estates Addition
Land UseResidential
Legal DescriptionEASTWOOD ESTATES ADDITION LOT 45
Census Tract013102
Assessed Land Value$49,130
Assessed Improvement Value$129,203
Assessment Year2025

About this property

Move-in ready home situated on a corner lot. Recent updates include a new kitchen, new flooring throughout, updated restrooms, and a new roof. Convenient layout with modern finishes and strong curb appeal.

Investor Tools

Property Icon
$243,000
Estimated Property Value
$221,489Estimated Mortgage Balance
$21,511Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,470 /month
Positive
Cash Flow Estimate:
$490 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$409/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,697
$178,333
2025
$49,130
$129,203
$178,333
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,697
$178,333

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Unknown
$222,130
No
First
Mar 2, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$221,489
$21,511
8%
91%
$1,332/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,156/mo
$1,332/mo
$-176/mo
5.7%

City: BROWNSVILLE

28 Ray Ave | Property Details | No Agent List