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$203,115

NAL Estimated Property Value

28335 Canelo Loop, RIO HONDO, TX, 78583

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,211 Sq Ft
price_per_sqft$54.5 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size31,045 sqft

Building Information

Year Built2003
Stories1
Roof Type105
Garage Spaces1

Land Information

APN73-8121-0010-0200-00
Lot Number20
SubdivisionCanelo Fields Phase 1 & 2 Sect 1
Land UseResidential
Legal DescriptionCANELO FIELDS SUBDIVISION PHASE 1 & 2 SECTION 1 LOT 20 BLK 1 PHASE 1 (CAB 1 SLOT 2122-B 2123-AB CCMR)
Census Tract010103
Assessed Land Value$71,545
Assessed Improvement Value$131,570
Assessment Year2025

About this property

Spacious three bedroom, two bath brick home conveniently located in a rural subdivision just south of Rio Hondo. Easy access to Harlingen, Brownsville, and South Padre Island! A large back yard is perfect for parties and BBQ's. Great place to relax. Single car attached garage.

Investor Tools

Property Icon
$203,115
Estimated Property Value
$90,397Estimated Mortgage Balance
$112,718Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,219 /month
Positive
Cash Flow Estimate:
$406 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$426/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,095
$203,115
2025
$71,545
$131,570
$203,115
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,095
$203,115

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$99,750
No
First
May 7, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$90,397
$112,718
55%
45%
$599/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,156/mo
$599/mo
+$557/mo
6.8%

City: RIO HONDO

28335 Canelo Loop | Property Details | No Agent List