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$254,000

NAL Estimated Property Value

2854 N Vermillion Ave, BROWNSVILLE, TX, 78526

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,834 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$139.59 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available

Exterior

Lot Size5,001 sqft

Building Information

Year Built2022
Stories1
Roof Type114
Garage Spaces1

Land Information

APN02-7000-0190-0260-00
Lot Number26
SubdivisionEl Lago Subdivision Section Iv
Land UseReal Property Single Family
Legal DescriptionEL LAGO SUBDIVISION SECTION IV BLOCK 19, LOT 26
Census Tract012700
Assessed Land Value$42,500
Assessed Improvement Value$157,989
Assessment Year2025

About this property

Beautiful New Construction, this modern 3 bedroom 2.5 bathroom house offers a perfect blend of contemporary design and convenient location. Upon entering, you are greeted by an open-concept living space that connects the living room, dining area and kitchen. Featuring a modern open layout, high decorative ceilings and quartz counter-tops. The three bedrooms are well appointed and good size with the master bedroom offering stylish bathroom and walk in closet. Big covered patio for backyard gatherings and BBQs. Property is located near schools, shopping centers, SpaceX and Port of Brownsville.

Investor Tools

Property Icon
$254,000
Estimated Property Value
$246,182Estimated Mortgage Balance
$7,818Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,536 /month
Positive
Cash Flow Estimate:
$512 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$452/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,156
$200,489
2025
$42,500
$157,989
$200,489
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,156
$200,489

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jackson Flagstar Centre Office
Fha
$251,363
Yes
First
Feb 4, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$246,182
$7,818
3%
97%
$1,508/mo

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: BROWNSVILLE

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2854 N Vermillion Ave | Property Details | No Agent List