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Days5Days on Market
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$275,000

6966 LAKE ALMANOR, BROWNSVILLE, TX, 78520

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths1,505 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$182.72 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Water Heater
FlooringTile

Exterior

Lot Size15,799 sqft

Building Information

Year Built2007
Stories1
Garage Spaces2

Land Information

APN79-0112-0010-0110-00
Lot Number11
SubdivisionAbel & Lidia Longoria Subdivision
Land UseResidential
Legal DescriptionABEL & LIDIA LONGORIA SUBDIVISION LOT 11 BLK 1 (CAB 1 SLOTS 1659-A & 1659-B CCMR)
Census Tract012508
Assessed Land Value$73,865
Assessed Improvement Value$159,152
Assessment Year2025

About this property

This beautiful new-construction home offers 3 bedrooms, 2.5 bathrooms, and a modern open-concept design perfect for comfortable living. Features include porcelain tile flooring, quartz countertops in the kitchen and bathrooms, LED lighting, and stylish modern finishes throughout. Construction is currently underway with an estimated completion date of mid-July 2026, making now the perfect time to reserve it before it's completed. The home includes a 2-car garage and sits on one of the largest lots in the subdivision. Located in the desirable Summer Lakes Phase III community, surrounded by newer homes, it provides easy access to Expressway 77/83, shopping, restaurants, hospitals, schools, Sunrise Mall, the Port of Brownsville, SpaceX, and LNG facilities. Renderings are approximately 90% accurate and may be subject to minor changes during construction.

Investor Tools

Property Icon
$340,000
Estimated Property Value
$0Estimated Mortgage Balance
$212,157Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,040 /month
Positive
Cash Flow Estimate:
$680 /month

Interested in this property?

Octavio Javier Singlaterry

RE/MAX Sun Valley Realtors

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$434/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,507
$233,017
2025
$73,865
$159,152
$233,017
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,507
$233,017

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Midland Mortgage
Fha
$142,177
Yes
First
Mar 24, 2021
Aug 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$127,843
$212,157
62%
38%
$853/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,156/mo
$853/mo
+$303/mo
4.1%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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: BROWNSVILLE

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