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$192,000

NAL Estimated Property Value

600 S Illinois Ave, WESLACO, TX, 78596

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,096 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$63.87 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size7,802 sqft

Building Information

Year Built1968
Stories1
Roof Type105
Garage Spaces2

Land Information

APNW2300-00-048-0001-00
Lot Number1,2
SubdivisionWeslaco Original Townsite - Swl
Land UseResidential
Legal DescriptionWESLACO ORIGINAL TOWNSITE BLK 48 LOT 1 & N10' -LOT 2
Census Tract022703
Assessed Land Value$49,140
Assessed Improvement Value$88,439
Assessment Year2025

About this property

Reduced! Owner is MOTIVATED! Potential to be zoned commercial. Property is in a great location for a small business. Across the street from First United Methodist Church and close to the First Baptist Church, Public Library, Central Middle School, Mayor's office and many other business in the area . A coffee shop with sandwiches and sweet treats would be a great gathering spot after church. A retail shop is also a great place to find that perfect gift. If you're content to live a peaceful life in a great neighborhood that is an option too. Invite all your friends and family to a party in the large yard. Living Room has a fireplace. The dining room is large, as well as the kitchen. There is a laundry room and a nice size master bedroom. The second bedroom comfortably fits a full bed.

Investor Tools

Property Icon
$192,000
Estimated Property Value
$0Estimated Mortgage Balance
$192,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,152 /month
Positive
Cash Flow Estimate:
$384 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$385/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,664
$137,579
2025
$49,140
$88,439
$137,579
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,664
$137,579

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$192,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,141/mo
N/A
+$1,141/mo
7.1%

City: WESLACO

600 S Illinois Ave | Property Details | No Agent List