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$393,523

NAL Estimated Property Value

500 Morelos Ave, RANCHO VIEJO, TX, 78575

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,265 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$105.92 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size25,779 sqft

Building Information

Year Built1997
Stories1
Roof Type105
Garage Spaces2

Land Information

APN52-0090-0000-0370-00
Lot Number37
SubdivisionRancho Viejo Subd Section Ix
Land UseResidential
Legal DescriptionRANCHO VIEJO-RANCHO VIEJO SEC 9 LOT 37
Census Tract012506
Assessed Land Value$108,264
Assessed Improvement Value$285,259
Assessment Year2025

About this property

Spacious 3 bedroom 2 bath home overlooking the golf course in Rancho Viejo! The home offers an open floor plan ceramic tile floors throughout, recessed lighting, high ceilings & beautiful finishes. Features an open spacious living room, dining room and an office. Has a fantastic kitchen featuring granite counter tops, fridge, gas stove/convection oven, microwave, ample cabinet space and dishwasher. The home has a large master bedroom & 2 more very sizable bedrooms. The master bedroom has a beautiful bath area, granite double vanities, jetted-tub, separate tiled shower and a huge walk-in closet. The covered patio & large yard has a great view of the golf course it is ideal for entertaining or simply relaxing. Security System is included. New AC in main side of the house. Owner/broker.

Investor Tools

Property Icon
$393,523
Estimated Property Value
$303,302Estimated Mortgage Balance
$90,221Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,361 /month
Positive
Cash Flow Estimate:
$787 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$829/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,984
$393,523
2025
$108,264
$285,259
$393,523
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,984
$393,523

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Conventional
$318,250
No
First
Sep 26, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$303,302
$90,221
22%
77%
$1,909/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,490/mo
$1,909/mo
$-419/mo
4.5%

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: RANCHO VIEJO

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500 Morelos Ave | Property Details | No Agent List