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$70,000

3005 Kalhua St, Weslaco, TX, 78599

$91,000 ARVInfo
On MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,198 Sq Ft
price_per_sqft$58.43 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Must-SellARV FlipAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesRange, Cooktop, Electric Water Heater
FlooringConcrete, Tile

Exterior

Exterior FeaturesBalcony
Lot Size7,200 sqft

Building Information

Year Built1981
Stories2
Roof Type105
Garage Spaces1

Land Information

APNC6760-00-000-0374-00
Lot Number374
SubdivisionColonia Del Noreste - Swl
Land UseResidential
Legal DescriptionCOLONIA DEL NORESTE LOT 374
Census Tract022205
Assessed Land Value$41,760
Assessed Improvement Value$76,085
Assessment Year2025

About this property

Excellent opportunity for a flip, rental conversion, or rebuild. Investor opportunity in Weslaco! This property sits on a 0.16-acre lot and features two detached structures offering strong potential for renovation, redevelopment, or new construction. The main brick home was built in 1978 and offers approximately 624 sq ft with 2 bedrooms and 1 bathroom. A second detached structure built in 1981 includes a two-car carport with an unfinished second floor that was previously configured as a 2 bedroom, 1 bathroom space with balcony. The property also includes a long concrete driveway, mature trees, and a spacious yard. The upstairs structure is currently not in livable condition and the property is being sold as-is. Ideal project for investors, flippers, or buyers looking to build new. Priced primarily at lot value. Conveniently located in Weslaco with easy access to schools, shopping, and major roadways.

Investor Tools

$39,646Estimated Mortgage Balance
$66,480Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$91,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$635 /month
Positive
Cash Flow Estimate:
$212 /month

Interested in this property?

Rebeca Bermudez

TNT Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$182/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,652
$105,796
2025
$41,760
$76,085
$117,845
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$1,652
$105,796

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
La Cuesta Sol Development Ltd
Purchase Money Mortgage
$44,900
No
First
Apr 20, 2020
Apr 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$39,646
$66,150
62%
37%
$270/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$700/mo
$270/mo
+$430/mo
7.9%

City: Weslaco