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$225,964

NAL Estimated Property Value

28502 Canelo Loop, RIO HONDO, TX, 78583

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,377 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$101.67 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

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

Exterior

Lot Size30,631 sqft

Building Information

Year Built2004
Stories1
Roof Type105
Garage Spaces2

Land Information

APN73-8121-0020-0100-00
Lot Number10
SubdivisionCanelo Fields Phase 1 & 2 Sect 1
Land UseResidential
Legal DescriptionCANELO FIELDS SUBDIVISION PHASE 1 & 2 SECTION 1 LOT 10 BLK 2 PHASE 2 (CAB 1 SLOT 2122-B 2123-AB CCMR)
Census Tract010103
Assessed Land Value$70,991
Assessed Improvement Value$154,973
Assessment Year2025

About this property

Country living still very close to Rio Hondo and San Benito. House sits on nearly 3/4 of an are, priced to sell!Storage shed and all appliances convey.

Investor Tools

Property Icon
$225,964
Estimated Property Value
$122,870Estimated Mortgage Balance
$103,094Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,356 /month
Positive
Cash Flow Estimate:
$452 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$474/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,555
$225,964
2025
$70,991
$154,973
$225,964
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,555
$225,964

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hometown Lenders Inc
Unknown
$137,464
No
First
Oct 15, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$122,870
$103,094
45%
54%
$825/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,156/mo
$825/mo
+$331/mo
6.1%

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.

Explore Texas Explore This Area
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: RIO HONDO

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28502 Canelo Loop | Property Details | No Agent List