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$89,900

602 Tanglewood, Ingleside, TX, 78362

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,364 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$65.91 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

BankruptcyPre-ForeclosureMust-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
HeatingHeating
CoolingCooling
AppliancesDishwasher, Free Standing Range, Microwave
FlooringOther, Unfinished

Exterior

Exterior FeaturesDeck
Lot Size7,013 sqft

Building Information

Year Built1977
Roof Type172

Land Information

APN0562-0123-0001-000
Lot Number1
SubdivisionIngleside Townsite
Land UseResidential
Legal DescriptionINGLESIDE TOWNSITE BLK 123 LOT 1
Census Tract010302
Assessed Land Value$53,900
Assessed Improvement Value$166,544
Assessment Year2025

About this property

Property Description: 3 bed, 2 bath A-frame style home with a generous fenced lot in Ingleside is being offered at a compelling price for someone ready to tackle a full renovation. It will require extensive work but has excellent potential and plenty of room to add value. Inside, the A-frame design gives the main living area character and height, creating a great canvas for a modern coastal or contemporary remodel. The layout offers a good use of space and a second flex space in the loft upstairs perfect for a bunk room, game room, or office. Outside, the large fenced yard features mature oaks and tons of space for additional storage, RV and boat parking, and future outbuildings or workshops. Come stay in your RV while working on this exciting remodel. The lot size, driveway area, and side-yard access make it especially attractive for buyers with equipment, trailers, or and recreational toys

Investor Tools

$185,026Estimated Mortgage Balance
$35,418Estimated Equity
16% 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

Interested in this property?

Stuart Scaff

Mirabal Montalvo & Associates

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$92/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$220,444
2025
$53,900
$166,544
$220,444
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$220,444

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$203,000
Yes
First
Dec 22, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$185,026
$35,418
16%
84%
$1,218/mo

City: Ingleside