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$161,000

NAL Estimated Property Value

3500 CARMEN AVE. 1305, RANCHO VIEJO, TX, 78575

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,131 Sq Ft
price_per_sqft$114.5 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Washer, Electric Water Heater
FlooringLaminate, Tile

Exterior

Lot Size2,313 sqft

Building Information

Year Built1982
Stories1
Roof Type105

Land Information

APN52-0200-0130-0050-00
SubdivisionLago Viejo Condominiums Phases 1 & 2
Land UseReal Property Single Family - Condo
Legal DescriptionRANCHO VIEJO - LAGO VIEJO CONDO 1& 2 UNIT 1305 BLDG N
Census Tract012506
Assessed Land Value$9,717
Assessed Improvement Value$110,322
Assessment Year2025

About this property

This well maintained condo was recently renovated a couple years ago with granite counter tops, new central HVAC, and much more. A must see for someone wanting the convenience of Condominium living overlooking one of the most beautiful Resaca in Rancho Viejo. The back porch is well maintained and decorated allowing you to enjoy the patio while you overlook the water. It is a perfect setting to end to the day with a refreshing drink for the evening. Best part is the unit is on the bottom floor for easy access. HOA fees include access to pool and pays for water, trash, ground maintenance, and insurance for complex exterior. Unit comes with the Stove, Refrigerator, Microwave, Garbage Disposal, Clothes Washer & Dryer. Seller gives a $2,000.00 credit to replace the laminate flooring.

Investor Tools

Property Icon
$161,000
Estimated Property Value
$0Estimated Mortgage Balance
$161,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$966 /month
Positive
Cash Flow Estimate:
$322 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$308/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,889
$120,039
2025
$9,717
$110,322
$120,039
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,889
$120,039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$161,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,150/mo
N/A
+$1,150/mo
8.6%

City: RANCHO VIEJO

3500 CARMEN AVE. 1305 | Property Details | No Agent List