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A+
NoAgentList RatingHow are grades calculated?Info
Days291Days on Market
Views1view
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$115,000

$127,900

2946 NIXON RD., HARLINGEN, TX, 78550

$149,500 ARVInfo
On MarketInfo
Price DropInfo
Beds3 Beds
Baths1 Bath
Baths1,800 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$63.89 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Must-SellDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 1Bathrooms 1
Garage AvailableGarage Available

Exterior

Lot Size1 acre

Building Information

Year Built1959
Stories1
Roof Type114
Garage Spaces2

Land Information

APN88-5270-1900-0036-00
Lot NumberC
SubdivisionSan Benito Land & Water Co Subd
Land UseResidential
Legal DescriptionABST16 - S B L & W CO PT LOT C BLK 190, 1.0000 ACRES
Census Tract012104
Assessment Year2025

About this property

Excellent investment opportunity for builders, developers, or investors. This 1-acre property is located in a prime area of Harlingen, Texas, with convenient access to Ed Carey Dr., Valley Baptist Medical Center, and nearby dinning options. The home on the property is in need of major repairs and updates. Being sold as is, offering significant potential for renovation or redevelopment.

Investor Tools

$12,127Estimated Mortgage Balance
$259,873Estimated Equity
95% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$149,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,632 /month
Positive
Cash Flow Estimate:
$544 /month

Interested in this property?

MAYRA GARCIA

Encore Fine Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$252/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,667
$81,079
2025
N/A
N/A
$94,621
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,667
$81,079

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Frank Robles
Seller Carryback / Seller Financing / Seller Take-Back
$34,719
No
First
Jul 22, 2003
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$12,127
$259,873
95%
4%
$209/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: HARLINGEN

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2946 NIXON RD. | Property Details | No Agent List