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$536,000

NAL Estimated Property Value

49 CORTEZ AVE., RANCHO VIEJO, TX, 78575

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths3,655 Sq Ft
price_per_sqft$95.49 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

BankruptcyOff-Market ListDeal ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Water Heater
FlooringHardwood

Exterior

Exterior FeaturesBalcony
Lot Size25,143 sqft

Building Information

Year Built2010
Stories2
Roof Type127
Garage Spaces2

Land Information

APN52-0010-0000-0490-00
Lot Number49
SubdivisionRancho Viejo Subd Section I
Land UseResidential
Legal DescriptionLOT 49 RANCHO VIEJO SUBD SECTION I (VOL 25 PG 37 CCMR)
Census Tract012506
Assessed Land Value$180,078
Assessed Improvement Value$197,783
Assessment Year2025

About this property

This three-bedroom, four bath home in Rancho Viejo is situated on a large lot with resaca waterfront. Renovations have added elegant touches throughout the entire home including decorative vaulted wood ceilings, Saltillo tile, picture windows, and wainscoting trim. The fabulous chefs kitchen has granite counters, double ovens, water access on the range top, custom cabinetry and more beautiful views to the backyard. Each bedroom has its own bath, and the master suite has been expanded and upgraded with a deluxe walk-in shower, whirlpool tub, and dressing area. There is a bonus room/office as well as service quarters on the main floor. The backyard is generous and has a swimming pool and private bridge to an additional island in the resaca.

Investor Tools

Property Icon
$536,000
Estimated Property Value
$388,053Estimated Mortgage Balance
$147,947Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,216 /month
Positive
Cash Flow Estimate:
$1,072 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$981/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,094
$377,861
2025
$180,078
$197,783
$377,861
No

Tax History

Year
Tax Paid
Assessed Value
2025
$9,094
$377,861

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank Of S Padre Island
Purchase Money Mortgage
$406,500
No
First
Oct 10, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$388,053
$147,947
27%
72%
$2,438/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,680/mo
$2,438/mo
$-758/mo
3.8%

City: RANCHO VIEJO

49 CORTEZ AVE. | Property Details | No Agent List