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$224,000

NAL Estimated Property Value

2944 N VERMILLION AVE., BROWNSVILLE, TX, 78521

Off MarketInfo
CommercialInfo
Beds4 Beds
Baths2 Bath
Baths2,387 Sq Ft
price_per_sqft$75.41 / sqft
Year BuiltBuilt in 2003

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Water Heater
FlooringTile

Exterior

Lot Size5,349 sqft

Building Information

Year Built2010
Stories2
Roof Type105

Land Information

APN02-7000-0190-0170-00
Lot Number17
SubdivisionEl Lago Subdivision Section Iv
Land UseResidential
Legal DescriptionEL LAGO SUBDIVISION SECTION IV BLOCK 19, LOT 17
Census Tract012700
Assessed Land Value$45,472
Assessed Improvement Value$139,324
Assessment Year2025

About this property

GREAT INVESTMENT OPPORTUNITY. THIS 2 STORY DUPLEX IS IN CLOSE PROXIMITY TO THE PORT OF BROWNSVILLE. EACH UNIT FEATURE 2 BEDROOMS AND 1 BATHROOM, A PRIVATE PATIO, AND 2 PARKING SPACES.

Investor Tools

Property Icon
$224,000
Estimated Property Value
$128,298Estimated Mortgage Balance
$95,702Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,344 /month
Positive
Cash Flow Estimate:
$448 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$413/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,831
$184,796
2025
$45,472
$139,324
$184,796
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,831
$184,796

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rio Bank
Commercial
$136,000
No
First
Mar 24, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$128,298
$95,702
42%
57%
$816/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,560/mo
$816/mo
+$744/mo
8.4%

City: BROWNSVILLE

2944 N VERMILLION AVE. | Property Details | No Agent List