Last 24 Hours
$286,000
NAL Estimated Property Value47922 MICHIGAN AVE., LAGUNA HEIGHTS, TX, 78578
Off Market
3 Beds
2 Bath
1,235 Sq Ft
$57.49 / sqft
Built in 2004Property Lead Type:
Off-Market ListDeal ListAbsentee OwnerHigh Equity
Highlights
Interior
Bedrooms 3
Bathrooms 2
Garage Available
Heating Central
CoolingExterior
Lot Size7,501 sqft
Building Information
Year Built2004
Stories1
Roof Type105
Garage Spaces1
Land Information
APN72-7500-0600-0060-10
SubdivisionRutherford- Harding Addition
Land UseResidential
Legal DescriptionRUTHERFORD- HARDING ADDITION BLK 6 LOT W 1/2 OF 6 ALL OF 7
Census Tract014201
Assessed Land Value$13,200
Assessed Improvement Value$163,227
Assessment Year2025
About this property
Cute three bedroom , 1 1/2 bath brick home in Laguna Heights. Built on one and one-half lots! Big yard for BBQs and parties! Directly across from the Bay. Close to the Beach but easy commute to Los Fresnos and Brownsville. Kitchen is open to dining area and living room. The house has a dedicated laundry room that opens up to the back yard.
Investor Tools
$286,000
Estimated Property Value
$59,891Estimated Mortgage Balance
$226,109Estimated Equity
79% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,716 /month
Positive
Cash Flow Estimate:
$572 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$447/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,932
$176,427
2025
$13,200
$163,227
$176,427
No
Tax History
Year
Tax Paid
Assessed Value
2025
$3,932
$176,427
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mussette C Salazar
Stand Alone First / Home Equity First Lien
$61,727
No
First
Aug 16, 2024
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$59,891
$226,109
79%
21%
$371/mo
12.4%