$413,000
NAL Estimated Property Value6228 King Palm Loop, BROWNSVILLE, TX, 78526
$429,163 ARV
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh EquityMove-In Ready
Highlights
Interior
AppliancesElectric Water Heater
FlooringTile
Exterior
Lot Size10,437 sqft
Building Information
Year Built2023
Stories1
Garage Spaces2
Land Information
APN79-2273-0020-0070-00
Lot Number7
SubdivisionMajestic Palm Heights Subdivision Phase
Land UseVacant Land
Legal DescriptionLOT 7 BLK 2 MAJESTIC PALM HEIGHTS SUBDIVISION PHASE I (2023 C1-4449-51 CCMR FILED 08/09/2022)
Census Tract014402
Assessed Land Value$105,819
Assessed Improvement Value$303,035
Assessment Year2025
About this property
New Construction with modern design open concept Quartz counter tops nice modern kitchen nice big master bedroom very spacious and big backyard on a corner lot
Investor Tools
$413,000
Estimated Property Value
$202,783Estimated Mortgage Balance
$210,217Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$429,162
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,478 /month
Positive
Cash Flow Estimate:
$826 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$792/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,440
$408,854
2025
$105,819
$303,035
$408,854
No
Tax History
Year
Tax Paid
Assessed Value
2025
$7,440
$408,854
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lower Llc
Conventional
$209,000
No
First
Aug 21, 2024
Sep 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$202,783
$210,217
50%
49%
$1,254/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,560/mo
$1,254/mo
+$306/mo
4.5%
