$191,000
NAL Estimated Property Value3500 CARMEN AVE. 408, RANCHO VIEJO, TX, 78526
Off Market
Property Lead Type:
Off-Market ListHigh EquityMove-In Ready
Highlights
Interior
AppliancesDryer, Washer, Electric Water Heater
FlooringTile
Exterior
Exterior FeaturesBalcony
Lot Size2,313 sqft
Building Information
Year Built1982
Stories1
Land Information
APN52-0200-0040-0080-00
SubdivisionLago Viejo Condominiums Phases 1 & 2
Land UseReal Property Single Family - Condo
Legal DescriptionRANCHO VIEJO - LAGO VIEJO CONDO 1 & 2 UNIT 408 BLDG D
Census Tract014403
Assessed Land Value$9,717
Assessed Improvement Value$110,378
Assessment Year2025
About this property
This beautifully remodeled 2nd floor condo features 2 bedrooms and full bathroom. The condo offers tile flooring throughout, granite countertops in the kitchen and bathroom, and updated light fixtures. The primary bedroom includes a very spacious closet. Completely furnished. Bring your clients- the seller is motivated.
Investor Tools
$191,000
Estimated Property Value
$112,265Estimated Mortgage Balance
$78,735Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,146 /month
Positive
Cash Flow Estimate:
$382 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$320/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,890
$120,095
2025
$9,717
$110,378
$120,095
No
Tax History
Year
Tax Paid
Assessed Value
2025
$2,890
$120,095
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$118,800
No
First
May 5, 2023
Jun 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$112,265
$78,735
41%
59%
$713/mo
