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$235,000

311 S 86th St, Edinburg, TX, 78542

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,732 Sq Ft
price_per_sqft$135.68 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesWater Heater
FlooringConcrete

Exterior

Lot Size21,283 sqft

Building Information

Year Built1990
Stories1
Roof Type105

Land Information

APNC7730-00-000-0005-00
Lot Number5
SubdivisionColonia Tejana - Seb
Land UseResidential
Legal DescriptionCOLONIA TEJANA LOT 5
Census Tract023528
Assessed Land Value$76,619
Assessed Improvement Value$126,911
Assessment Year2025

About this property

QUALIFIES FOR USDA FINANCING! Offered at $240,000, this beautifully remodeled home in Edinburg sits on a spacious 0.49-acre lot (21,283 sq. ft.) and offers the perfect combination of comfort, privacy, and modern updates. The home features 3 bedrooms, 2 full bathrooms, and approximately 1,472 square feet of living space. Recent improvements include a new 3-ton central A/C system, an additional 1-ton mini split, a brand-new water heater, fresh interior paint, and remodeling updates throughout the home, making it truly move-in ready. Enjoy added security and convenience with an electrical front security gate and plenty of outdoor space for entertaining, gardening, or future additions. Built in 1990 with an effective year built of 1994, this property offers country-style living while still being conveniently located near schools, shopping, and city amenities. Seller is motivated and ready to review offers. Buyer to verify all information, measurements, and school zoning.

Investor Tools

$0Estimated Mortgage Balance
$222,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,410 /month
Positive
Cash Flow Estimate:
$470 /month

Interested in this property?

Rene Flores

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$191/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,182
$150,132
2025
$76,619
$126,911
$203,530
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,182
$150,132

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$222,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,141/mo
N/A
+$1,141/mo
6.2%

City: Edinburg