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$297,000

508 De Leon Ave, RANCHO VIEJO, TX, 78575

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths2,122 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$139.02 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

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

Exterior

Lot Size18,095 sqft

Building Information

Year Built1980
Stories1
Roof Type104
Garage Spaces3

Land Information

APN52-0050-0050-2600-00
Lot Number5260
SubdivisionRancho Viejo Subd Section V
Land UseResidential
Legal DescriptionRANCHO VIEJO-RANCHO VIEJO SEC 5 LOT 5260
Census Tract012506
Assessed Land Value$75,998
Assessed Improvement Value$280,506
Assessment Year2025

About this property

Welcome to this beautiful completely renovated home in the desirable Rancho Viejo Country Club. This home features an open floor plan with large windows bringing in an abundance of natural light and amazing golf course views. The main living room is spacious and features modern upscale finishes and a full bar to enjoy and entertain family and friends. This spacious home also features two large bedrooms with walk-in closets and beautifully updated bathrooms. An additional bonus room and a spacious enclosed sunroom could make the perfect Home Office and/or Third Bedroom. Huge garage with room for 2 cars and 1 golf cart. Come experience what country club living has to offer in this upscale and fully updated ready-to-move-in home.

Investor Tools

Property Icon
$297,000
Estimated Property Value
$302,364Estimated Mortgage Balance
$0Estimated Equity
-2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,782 /month
Positive
Cash Flow Estimate:
$594 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$481/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,282
$234,708
2025
$75,998
$280,506
$356,504
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,282
$234,708

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Financial Network Inc
Va
$302,364
Yes
First
Mar 18, 2026
Apr 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$301,929
N/A
0%
102%
$1,813/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,150/mo
$1,813/mo
$-663/mo
4.6%

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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508 De Leon Ave | Property Details | No Agent List