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$1,500

3005 Old Alice Rd Apt 500b, BROWNSVILLE, TX, 78521

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths1,059 Sq Ft
price_per_sqft$1.42 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesCooktop

Exterior

Private PoolPrivate Pool

Building Information

Year Built1974
Stories1
Roof Type114

Land Information

APN04-2300-0500-0020-00
SubdivisionLa Plaza Condominiums Brownsville
Land UseResidential
Legal DescriptionLA PLAZA CONDOMINIUMS BLDG 500 APT B
Census Tract013002
Assessed Land Value$3,112
Assessed Improvement Value$110,073
Assessment Year2025

About this property

Beautiful upstairs condominium located in a prime location of the city of Brownsville, walking distance from Sunrise Mall, shopping centers, restaurants, and convenience stores. Includes complete kitchen appliances stove, refrigerator, dishwasher, and microwave. Remodeled Interior, new air conditioner, freshly painted all throughout, porcelain floor, vanity mirrors, walk in closets. Building next to pool. Water, trash, sewer are included in the rent, but internet, cable, electricity are not.

Investor Tools

$53,280Estimated Mortgage Balance
$74,720Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$768 /month
Positive
Cash Flow Estimate:
$256 /month

Interested in this property?

Itsel Guadiana

Coldwell Banker La Mansion Real Estate Brownsville

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$249/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,346
$113,185
2025
$3,112
$110,073
$113,185
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,346
$113,185

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Yolanda Elizondo
Seller Carryback / Seller Financing / Seller Take-Back
$55,000
No
First
Nov 25, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$53,280
$74,720
58%
42%
$330/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$893/mo
$330/mo
+$563/mo
8.4%

City: BROWNSVILLE

3005 Old Alice Rd Apt 500b | Property Details | No Agent List