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$197,000

NAL Estimated Property Value

318 Louisiana Ave, RAYMONDVILLE, TX, 78580

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,782 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$69.3 / sqft
Year BuiltBuilt in 1963

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2

Exterior

Lot Size14,005 sqft

Building Information

Year Built1963

Land Information

APN15875
Lot Number25
Land UseResidential
Legal DescriptionSMITH SUBD, LOT 25 TR 2 (E62') & 26 TR 1 (W41')
Census Tract950400
Assessed Land Value$37,121
Assessed Improvement Value$92,125
Assessment Year2025

About this property

Fantastic location right by Raymondville High School. 3 bed/ 2 bath/ 2 car carport. Open concept with a dining and living area upon walking in the front door. Enjoy eating in your breakfast area which is connected to the beautifully updated kitchen with all Whirlpool appliances, granite counter tops and tile back splash. Carpet throughout in all bedrooms/ living and dining. Tile in breakfast area/ kitchen and laundry. Built in shelving in living room and one bedroom. Enjoy sitting on your covered back patio overlooking the large yard and fruit trees including lemon, naval orange, grapefruit, mango and pecan trees. Sprinkler system about 4 years old. 8x15 Storage shed in back yard on concrete slab. Security light/ camera in carport area.

Investor Tools

Property Icon
$197,000
Estimated Property Value
$104,253Estimated Mortgage Balance
$92,747Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,182 /month
Positive
Cash Flow Estimate:
$394 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$242/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,915
$106,255
2025
$37,121
$92,125
$129,246
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,915
$106,255

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Fha
$117,826
Yes
First
May 28, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$104,253
$92,747
47%
53%
$707/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: RAYMONDVILLE

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318 Louisiana Ave | Property Details | No Agent List