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$279,000

3400 E Alexa Street, Edinburg, TX, 78542

PendingInfo
Beds3 Beds
Baths2 Bath
Baths1,598 Sq Ft
price_per_sqft$174.59 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesElectric Water Heater
FlooringTile

Exterior

Lot Size7,000 sqft

Building Information

Garage Spaces2

Land Information

APNS1545-00-000-0051-00
Lot Number51
SubdivisionSanta Cruz Palms
Land UseReal Property: Vacant Lots And Land Tracts
Legal DescriptionSANTA CRUZ PALMS LOT 51
Census Tract023524
Assessed Land Value$58,100
Assessment Year2025

About this property

Stunning new construction offering 3 bedrooms and 2 bathrooms, highlighted by an open living space that flows effortlessly into the kitchen creating a welcoming space for everyday living and entertaining. The kitchen combines elegance and practicality, while the primary suite includes a spacious walk-in closet and double vanities. A spacious backyard provides the perfect setting for outdoor enjoyment. Located just minutes from Expressway 281, this home delivers both style and convenience. A great opportunity to own a thoughtfully designed home in a growing area.

Investor Tools

$51,424Estimated Mortgage Balance
$6,676Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,674 /month
Positive
Cash Flow Estimate:
$558 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$71/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$558
$58,100
2025
$58,100
N/A
$58,100
No

Tax History

Year
Tax Paid
Assessed Value
2024
$558
$58,100

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fortis Land Company Llc
Purchase Money Mortgage
$53,000
No
First
Aug 22, 2024
Aug 2044

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$51,424
$6,676
11%
89%
$318/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: Edinburg

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3400 E Alexa Street | Property Details | No Agent List