Last 24 Hours
$700,000
685 Borrego Rd, San Elizario, TX, 79849
On Market
1 Beds
1 Bath
1,140 Sq Ft
$614.04 / sqft
Built in 1945Property Lead Type:
Absentee OwnerHigh EquityCash Buyers
Highlights
Interior
Bedrooms 1
Bathrooms 1AppliancesElectric Cooktop, Free-Standing Electric Oven, Refrigerator
FlooringLaminate
Exterior
Exterior FeaturesBack Yard Access
About this property
Welcome to 685 Borrego Rd. This is a one bedroom with single bathroom. Metal roof. Stucco recently redone. Property is currently rented and on a month to month. This a part of 2 other properties (683 and Borrego Rd Farm that's 9 acres) that must be sold as 1 due to how they sit in relation to the farm land and pecan orchard. A must see. Income producing property. Possibility to build more rentals or try different crops.
Investor Tools
$0Estimated Mortgage Balance
$305,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,200 /month
Positive
Cash Flow Estimate:
$1,400 /month
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Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$205/month
No HOA
5.947%
12.4%