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$693,000

NAL Estimated Property Value

3209 Lazy Lake Dr, HARLINGEN, TX, 78550

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths5,648 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$75.96 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5Bathrooms Full 5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size18,265 sqft

Building Information

Year Built1981
Stories2
Roof Type105
Garage Spaces4

Land Information

APN24-5610-0010-0400-00
Lot Number40,LOT4
SubdivisionTreasure Hills Subdivision Unit 8
Land UseResidential
Legal DescriptionHARLINGEN - TREASURE HILLS-8 LOT 40 EXCEPT W46.96 & ALL LOT 41 BLK 1
Census Tract011302
Assessed Land Value$117,807
Assessed Improvement Value$362,193
Assessment Year2025

About this property

Beautiful Victorian style home overlooking the Arroyo Colorado. Built like a fortress with double brick walls, the home has the finest quality finishing and detailing throughout.. You feel the fine quality just as soon as you walk through the front door. Detailing includes mesquite wood floor, two fireplaces, beautiful crown molding, cherry wood cabinetry, wet bar, sub zero refrigerator, viking gas range, and many fine built-ins throughout the entire home. The huge master suite is downstairs with the additional bedrooms being upstairs. The master suite is huge and includes a sitting area, large spa bath with marble floors and large walk in closet with built-ins. Windows and doors span the living areas offering a view of the beautiful, lush landscaped backyard.

Investor Tools

Property Icon
$693,000
Estimated Property Value
$347,720Estimated Mortgage Balance
$345,280Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,158 /month
Positive
Cash Flow Estimate:
$1,386 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,011/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,669
$480,000
2025
$117,807
$362,193
$480,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,669
$480,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$325,000
No
First
Apr 30, 2019
May 2034

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$347,720
$345,280
49%
50%
$2,369/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.

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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: HARLINGEN

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3209 Lazy Lake Dr | Property Details | No Agent List