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$643,000

59 Cortez Ave, BROWNSVILLE, TX, 78575

SoldInfo
7/13/26
Beds5 Beds
Baths5 Bath
Baths3,193 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$203.26 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 5Bathrooms 5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Washer, Gas Water Heater
FlooringTile

Exterior

Private PoolPrivate Pool
Lot Size25,117 sqft

Building Information

Year Built2004
Stories2
Roof Type114
Garage Spaces3

Land Information

APN52-0010-0000-0590-00
Lot Number59
SubdivisionRancho Viejo Subd Section I
Land UseResidential
Legal DescriptionLOT 59 RANCHO VIEJO SUBD SECTION I (VOL 25 PG 37 CCMR)
Census Tract012506
Assessed Land Value$180,618
Assessed Improvement Value$203,794
Assessment Year2025

About this property

Lovely home by Cannon Classic Homes beautiful resaca view lots of storage plus bonus room beautiful backyard pool with lush landscaping and mature trees

Investor Tools

Property Icon
$643,000
Estimated Property Value
$320,800Estimated Mortgage Balance
$281,460Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,894 /month
Positive
Cash Flow Estimate:
$1,298 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$886/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,415
$384,412
2025
$180,618
$203,794
$384,412
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,415
$384,412

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Regions Bank
Conventional
$320,800
No
First
Feb 8, 2022
Mar 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$362,198
$280,802
43%
56%
$2,344/mo

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: BROWNSVILLE

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59 Cortez Ave | Property Details | No Agent List