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$198,000

NAL Estimated Property Value

424 Rey Salomon St, BROWNSVILLE, TX, 78521

SoldInfo
6/19/26
Beds4 Beds
Baths2 Bath
Baths1,209 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$165.34 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Water Heater
FlooringCarpet, Tile

Exterior

Lot Size8,843 sqft

Building Information

Year Built2000
Stories1
Roof Type105
Garage Spaces1

Land Information

APN02-7924-0020-0260-00
Lot Number26
SubdivisionVilla Del Rey Section Ii Subd
Land UseResidential
Legal DescriptionVILLA DEL REY SECTION II SUBD LOT 26 BLK 2 (CAB 1 SLOT 1740-B CCMR)
Census Tract013102
Assessed Land Value$75,167
Assessed Improvement Value$125,907
Assessment Year2025

About this property

This move-in ready starter home has been recently freshened up with touched-up paint and minor updates, making it a great option for buyers looking for a clean and comfortable space. The open-concept layout connects the kitchen and living area, creating a functional flow for both daily living and casual gatherings, and the kitchen includes a pass-through bar that adds extra seating and convenience. Light, neutral tones give the home a bright and welcoming feel throughout, and all bedrooms include ceiling fans for added comfort. With four bedrooms—a rare find in this price range—the layout offers flexibility for a home office, guests, or growing needs. The home sits on a large corner lot with a spacious fenced backyard, offering plenty of room for outdoor use, pets, or entertaining. Located near quality schools, shopping, and dining, including Home Depot and other retail, with an easy commute to SpaceX and the Port of Brownsville. Note: All furnishings and decor are virtual staging.

Investor Tools

Property Icon
$198,000
Estimated Property Value
$0Estimated Mortgage Balance
$198,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,199 /month
Positive
Cash Flow Estimate:
$400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$216/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,598
$135,918
2025
$75,167
$125,907
$201,074
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,598
$135,918

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$198,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,156/mo
N/A
+$1,156/mo
7.0%

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: BROWNSVILLE

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424 Rey Salomon St | Property Details | No Agent List