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$370,000

2826 Olive Wood Dr, HARLINGEN, TX, 78552

PendingInfo
Beds4 Beds
Baths2 Bath
Baths1,927 Sq Ft
price_per_sqft$192.01 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Half 2Bathrooms Half 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Washer
FlooringCarpet

Exterior

Lot Size38,930 sqft

Building Information

Year Built2003
Stories1
Roof Type105
Garage Spaces2

Land Information

APN97-1084-0010-0100-00
Lot Number10
SubdivisionWild Olive Court Subdivision
Land UseResidential
Legal DescriptionWILD OLIVE COURT SUBDIVISION LOT 10 BLK 1 (CAB 1 SLOT 1937-A CCMR)
Census Tract012002
Assessed Land Value$99,513
Assessed Improvement Value$236,862
Assessment Year2025

About this property

This peaceful and private 4 bedroom, 2 bath home, sitting on .89 of an acre, is the perfect investment for anyone looking to expand their portfolio in a booming area. This beauty offers the perks of living in the country side while still being less than 5 minutes from a shopping hub, the expressway, the airport, etc. It features neutral colors, natural light, spacious bedrooms & closets, and a laundry area. The patio is perfect for entertaining guests. The workshop has access to electricity & built-in cabinets, which is hard to find. The garage, also, has built-in cabinets for additional storage. This property is conveniently-located 38 miles from the island, 45 miles from SpaceX, 2.7 miles from HEB, 8.6 miles from TSTC, 9.1 miles from the airport, and 2.1 miles from shopping at Marshalls, Target, etc. It is, also, just minutes away from restaurants, gas stations, and schools. Robstella, of Keystone Abs., preferred as the Escrow Officer. *SELLER WILLING TO CONTRIBUTE TO CLOSING COSTS!*

Investor Tools

$278,786Estimated Mortgage Balance
$97,621Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,256 /month
Positive
Cash Flow Estimate:
$752 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$740/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,996
$336,375
2025
$99,513
$236,862
$336,375
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,996
$336,375

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rask Holdings Llc
Unknown
$280,000
No
First
Apr 29, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$278,786
$63,214
18%
74%
$1,679/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,280/mo
$1,679/mo
$-399/mo
4.1%

Learn About the Market: Opportunity in Texas

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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.

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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: HARLINGEN

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2826 Olive Wood Dr | Property Details | No Agent List