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$380,000

NAL Estimated Property Value

323 Morris St, LAGUNA VISTA, TX, 78578

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,338 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$68.01 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size17,250 sqft

Building Information

Year Built1993
Stories2
Roof Type105
Garage Spaces2

Land Information

APN31-0000-4510-0080-00
Lot Number8-9,S
SubdivisionLaguna Vista Original Townsite (Vol 1 Pg
Land UseResidential
Legal DescriptionLAGUNA VISTA - ORIG TOWNSITE SW115' LOTS 8-9-10 BLK 451
Census Tract012301
Assessed Land Value$83,663
Assessed Improvement Value$239,574
Assessment Year2025

About this property

REDUCED AGAIN! Owner has moved and needs to sell fast! Mature trees on the property and just across the street in the park are more even more beautiful big trees. It's so nice to be able to step out of your home and take a relaxing stroll in the park. Great for daily exercise or walking with the love of your life, Fido.The living room is great for entertaining and the kitchen is large enough to prepare all the food for the party. You can invite the whole block because this yard is huge and fenced for privacy. Relax in one of the 3 bedrooms and with 2.5 baths there is no waiting for the rest room. 2 balconies overlook the yard. Great location, you can be at the beach, downtown Harlingen or Brownsville in 20 min. Enjoy the show at the McAllen Performing Arts just an hour away.

Investor Tools

Property Icon
$380,000
Estimated Property Value
$108,437Estimated Mortgage Balance
$271,563Estimated Equity
71% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,280 /month
Positive
Cash Flow Estimate:
$760 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$418/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,117
$223,063
2025
$83,663
$239,574
$323,237
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,117
$223,063

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sunward Fcu
Conventional
$126,400
No
First
Mar 13, 2020
Apr 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$108,437
$271,563
71%
29%
$517/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,156/mo
$517/mo
+$639/mo
3.7%

City: LAGUNA VISTA

323 Morris St | Property Details | No Agent List