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$183,000

NAL Estimated Property Value

54 W Armstrong Ct, BROWNSVILLE, TX, 78521

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,400 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$64.28 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2

Exterior

Lot Size6,037 sqft

Building Information

Year Built1993
Stories1
Roof Type105

Land Information

APN03-8800-0010-0200-00
Lot Number20
SubdivisionHorseshoe Lake Subdivision Sec I (Vol 32
Land UseResidential
Legal DescriptionLOT 20 BLK 1 HORSESHOE LAKE SUBDIVISION SEC I (VOL 32 PG 32 MRCC)
Census Tract013305
Assessed Land Value$47,703
Assessed Improvement Value$182,710
Assessment Year2025

About this property

Having been recently updated, this home is perfect as a starter home or for an investor. The home has a large open family, ceiling newly installed carpet in the living room and bedrooms, ceiling fans and many recent upgrades. Upgrades include fresh paint inside and out, newly installed light fixtures and ceiling fans, doors, hardware, window screens and fully updated bathrooms. Both bathrooms were completely updated with new toilets vanities, lighting, paint, beautiful tile showers and floors and new hardware! The home sits in a quiet pocket neighborhood not too far or too close to the airport. The lot is much larger than your typical residential lot. The front yard has newly installed Saint Augustine Grass and there are mature trees in the front and back yard. Great home for the price!

Investor Tools

Property Icon
$183,000
Estimated Property Value
$70,155Estimated Mortgage Balance
$112,845Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,098 /month
Positive
Cash Flow Estimate:
$366 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$205/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,549
$131,998
2025
$47,703
$182,710
$230,413
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,549
$131,998

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Academy Mortgage Corp
Fha
$85,424
Yes
First
Aug 4, 2017
Sep 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$70,155
$112,845
61%
38%
$513/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,156/mo
$513/mo
+$643/mo
7.6%

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.

Explore Texas Explore This Area
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: BROWNSVILLE

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54 W Armstrong Ct | Property Details | No Agent List