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$411,000

NAL Estimated Property Value

616 Palm Valley Dr E, HARLINGEN, TX, 78552

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,890 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$70.69 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Private PoolPrivate Pool
Lot Size13,499 sqft

Building Information

Year Built1979
Stories1
Roof Type114
Garage Spaces3

Land Information

APN45-8120-0060-0050-00
Lot Number5
SubdivisionPalm Valley Estates Subdivision 7
Land UseResidential
Legal DescriptionPALM VALLEY- PALM VALLEY ESTS 7 LOT 5 BLK 6
Census Tract010405
Assessed Land Value$87,075
Assessed Improvement Value$250,842
Assessment Year2025

About this property

With a little more updating this home with be spectacular because owner has already updated kitchen which includes new cabinets, granite counters, stainless steel appliances. The floor tile looks great and its not only in the kitchen but also in the family/living room. You walk into a nice sun room which you can see the living room and family room. In the kitchen you also have a large computer/working area.To the left of home as you enter is the master bedroom with bath and two other bedrooms with another bath. Past the kitchen is a great room with laminate flooring. There is a small room with closets that can become a 4th bedroom as well as another room with a window unit but no closet/ The swimming pool has a rock waterfall and is totally fenced in. Check out the jacuzzi/whirlpool.

Investor Tools

Property Icon
$411,000
Estimated Property Value
$33,186Estimated Mortgage Balance
$377,814Estimated Equity
91% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,466 /month
Positive
Cash Flow Estimate:
$822 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$584/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,951
$306,181
2025
$87,075
$250,842
$337,917
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,951
$306,181

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alamo Bank Of Texas
N/A
$200,000
N/A
First
May 14, 1999
May 2002

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$33,186
$377,814
91%
8%
$1,200/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,450/mo
$1,200/mo
+$250/mo
4.2%

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: HARLINGEN

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616 Palm Valley Dr E | Property Details | No Agent List