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$1,386,000

NAL Estimated Property Value

3506 Oak Ridge Ln, MISSION, TX, 78573

$1,757,419 ARVInfo
Off MarketInfo
Beds7 Beds
Baths5 Bath
Baths5,916 Sq Ft
price_per_sqft$236.65 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 7Bedrooms 7
Bathrooms Full 4Bathrooms Full 4
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDouble Oven, Electric Water Heater
FlooringHardwood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size1.02 acres

Building Information

Year Built1999
Stories2
Roof Type104
Garage Spaces4

Land Information

APNT3620-00-000-0002-00
Lot Number2
SubdivisionThe Oaklands - Ssl
Land UseResidential
Legal DescriptionTHE OAKLANDS LOT 2
Census Tract024116
Assessed Land Value$159,530
Assessed Improvement Value$687,325
Assessment Year2025

About this property

Spanish Mediterranean Estate | 7 Bed | 5 Bath | 1 Acre | Rio Grande Valley Experience timeless charm in this two-story Spanish Mediterranean home nestled on a lush, landscaped acre in South Texas. Behind custom wrought iron gates, a tranquil courtyard with a fountain leads to a grand rotunda entrance. Inside, natural light fills the 7 bedrooms and 5 baths, complemented by Saltillo tile, travertine, cantera, and hardwood floors throughout. Enjoy three living and dining areas, plus an attached private apartment ideal for guests. There are three fireplaces for your enjoyment. Outdoor living shines with a beautiful pergola-covered lounge, full kitchen, and tropical gardens. Extras include a 3-car garage, vegetable garden, and a dog run—all surrounded by vibrant palms and well-maintained greenery. This one-of-a-kind property offers timeless character, modern comfort, and a lifestyle of tranquility just minutes from the vibrant culture and charm of the Rio Grande Valley.

Investor Tools

Property Icon
$1,386,000
Estimated Property Value
$1,065,584Estimated Mortgage Balance
$320,416Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,757,418
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,400 /month
Positive
Cash Flow Estimate:
$2,800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,976/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16,787
$846,855
2025
$159,530
$687,325
$846,855
No

Tax History

Year
Tax Paid
Assessed Value
2024
$16,787
$846,855

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lone Star National Bank
Conventional
$1,100,000
No
First
Jul 25, 2024
Aug 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,065,584
$320,416
23%
77%
$6,596/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,257/mo
$6,596/mo
$-5,339/mo
1.1%

City: MISSION

3506 Oak Ridge Ln | Property Details | No Agent List