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$299,900

617 E Thornhill Ave, McAllen, TX, 78503

PendingInfo
Beds4 Beds
Baths3 Bath
Baths2,201 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$136.26 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 2Bathrooms Half 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Cooktop, Electric Water Heater, Refrigerator
FlooringCarpet, Hardwood

Building Information

Year Built2006
Stories1
Roof Type104
Garage Spaces2

Land Information

APNL3392-00-000-0016-00
Lot Number16
SubdivisionLas Villitas
Land UseResidential
Legal DescriptionLAS VILLITAS LOT 16
Census Tract021203
Assessed Land Value$56,828
Assessed Improvement Value$221,431
Assessment Year2025

About this property

Owners finance available. New 22mil LVP Floor! Beautiful 4-bedroom, 4 full bath home in a gated community. Open and spacious layout ideal for comfortable living. This property offers a two-car garage and an extra living suite.

Investor Tools

$115,321Estimated Mortgage Balance
$212,354Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,962 /month
Positive
Cash Flow Estimate:
$654 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$568/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,179
$278,259
2025
$56,828
$221,431
$278,259
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,179
$278,259

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Plainscapital Bank
Commercial
$127,500
No
First
May 24, 2021
May 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$115,321
$200,679
63%
35%
$765/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,340/mo
$765/mo
+$575/mo
4.9%

City: McAllen

617 E Thornhill Ave | Property Details | No Agent List