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$498,000

608 Caballo Lane, Edinburg, TX, 78542

On MarketInfo
Beds9 Beds
Baths5 Bath
Baths8,028 Sq Ft
price_per_sqft$62.03 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 9Bedrooms 9
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Water Heater, Other
FlooringTile

Exterior

Lot Size4.36 acres

Building Information

Year Built1981
Stories1
Roof Type105
Garage Spaces1

Land Information

APNS1600-00-001-0004-05
Lot NumberD
SubdivisionSanta Cruz Ranch - Seb
Land UseResidential
Legal DescriptionSANTA CRUZ RANCH-LOT D-E1/2-W8.72AC E R/R BLK 1 4.36AC
Census Tract023530
Assessed Land Value$119,669
Assessed Improvement Value$396,270
Assessment Year2025

About this property

For Sale: 608 Caballo Lane, Edinburg, TX 78542 — 4.36 Acres with Multiple Structures and Endless Potential! This unique “ranchito” in North Edinburg sits on 4.36 fenced acres with direct access to I-69C / Expressway 281 frontage, offering an incredible opportunity for a family homestead, investment project, short-term rental setup, or possible future commercial use. The property includes six structures, featuring a 4-bedroom, 3-bath main home with 2 living areas, 2 dining areas, and 2 kitchens, plus several additional homes and buildings with income-producing or multi-family potential. The back 2 acres remain undeveloped, giving you room to expand, build, or customize to fit your vision. Conveniently located near schools, restaurants, and shopping t, this property offers the best of both worlds—country space and feel with city convenience. Rare opportunities like this don’t come around often. Schedule your showing today and explore the potential of this one-of-a-kind property!

Investor Tools

$0Estimated Mortgage Balance
$515,939Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,096 /month
Positive
Cash Flow Estimate:
$1,032 /month

Interested in this property?

Mario Baez

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$807/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,099
$515,939
2025
$119,669
$396,270
$515,939
Yes (2018)

Tax History

Year
Tax Paid
Assessed Value
2024
$7,099
$515,939

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$515,939
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$877/mo
N/A
+$877/mo
2.0%

City: Edinburg

608 Caballo Lane | Property Details | No Agent List