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$164,000

NAL Estimated Property Value

306 Yellow Rose, RIO HONDO, TX, 78583

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,044 Sq Ft
price_per_sqft$112.93 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Water Heater
FlooringCarpet, Tile

Exterior

Lot Size6,421 sqft

Building Information

Year Built2002
Stories1
Roof Type114
Garage Spaces1

Land Information

APN55-7401-0010-0270-00
Lot Number27
SubdivisionMorning Glory Subdivision Sec One
Land UseResidential
Legal DescriptionMORNING GLORY SUBDIVISION SEC ONE LOT 27 BLK 1 (CAB 1 SLOT 1772-B CCMR)
Census Tract010101
Assessed Land Value$28,890
Assessed Improvement Value$126,732
Assessment Year2025

About this property

Spectacular value! 3BD/2BTH/1CAR w/ large workshop/storage shed being sold with an ADDITIONAL CORNER LOT! Totaling over .5 acres! Only one neighbor to your right, the rest is field and vacant land. Perfect opportunity to live in a quiet and peaceful community for a great price. Sun screens on every window make the home energy efficient. And to top it all off, the home is equipped with a new A/C unit equipped with a NEST thermostat! Additional slab on the side for guest parking. Schedule your showing TODAY!

Investor Tools

Property Icon
$164,000
Estimated Property Value
$24,671Estimated Mortgage Balance
$139,329Estimated Equity
84% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$984 /month
Positive
Cash Flow Estimate:
$328 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$428/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,321
$155,622
2025
$28,890
$126,732
$155,622
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,321
$155,622

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Unknown
$45,000
No
First
May 13, 2008
Jun 2023

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$24,671
$139,329
84%
15%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,156/mo
N/A
+$1,156/mo
8.5%

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: RIO HONDO

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