$220,488
NAL Estimated Property Value515 Honeydale Rd, BROWNSVILLE, TX, 78520
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesGas Water Heater
FlooringHardwood
Exterior
Lot Size31,054 sqft
Building Information
Year Built1963
Stories1
Roof Type105
Land Information
APN01-9330-0190-0720-00
Lot Number7-8,S
SubdivisionBrownsville Land & Imp Co Subd
Land UseResidential
Legal DescriptionBROWNSVILLE LAND & IMP CO SUBD PT LOTS 7 & 8 BLKS
Census Tract012900
Assessed Land Value$180,501
Assessed Improvement Value$39,987
Assessment Year2025
About this property
Location Location. A true diamond in the rough. Rustic home on an oversized lot with a lot of potential. Beautiful mature trees and fruit trees as well. This property sits in an established neighborhood. Need to come see this listing to appreciate.
Investor Tools
$220,488
Estimated Property Value
$32,130Estimated Mortgage Balance
$188,358Estimated Equity
85% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,323 /month
Positive
Cash Flow Estimate:
$441 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$371/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,345
$220,488
2025
$180,501
$39,987
$220,488
No
Tax History
Year
Tax Paid
Assessed Value
2025
$3,345
$220,488
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Charles R Wagner Jr
Seller Carryback / Seller Financing / Seller Take-Back
$34,000
No
First
Apr 13, 2023
Dec 2026
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$32,130
$188,358
85%
15%
$204/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$893/mo
$204/mo
+$689/mo
4.9%
