Last 24 Hours
$400,000
NAL Estimated Property Value422 Biscayne Blvd, El Lago, TX, 77586
Off Market
3 Beds
2 Bath
1,785 Sq Ft
Single Family Residence
$1.23 / sqft
Built in 1964Property Lead Type:
Deal ListAbsentee OwnerHigh EquityMove-In Ready
Highlights
Interior
Bedrooms 3
Bathrooms Full 2
Garage Available
Heating Central
CoolingAppliancesRefrigerator
FlooringTile
Exterior
Lot Size11,857 sqft
Building Information
Year Built1964
Stories1
Garage Spaces2
Land Information
APN0954450000002
Lot Number2
SubdivisionEl Lago
Land UseResidential
Legal DescriptionLT 2 BLK 3 EL LAGO SEC 3
Census Tract341501
Assessed Land Value$91,962
Assessed Improvement Value$194,311
Assessment Year2025
About this property
Enjoy the winding tree lined streets of El Lago in CCISD. This updated three-bedroom home will soon be ready to move into this inviting neighborhood. Kitchen and bathrooms have been beautifully updated.
Investor Tools
$400,000
Estimated Property Value
$107,260Estimated Mortgage Balance
$292,740Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,400 /month
Positive
Cash Flow Estimate:
$800 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$505/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,065
$286,273
2025
$91,962
$194,311
$286,273
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,065
$286,273
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Charles E Bell Jr Etal
Purchase Money Mortgage
$120,000
No
First
Nov 23, 2020
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$107,260
$198,740
64%
27%
$720/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,420/mo
$720/mo
+$1,700/mo
7.3%
12.4%