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$276,000

NAL Estimated Property Value

705 Fannin St, WESLACO, TX, 78599

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,650 Sq Ft
price_per_sqft$156.97 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Water Heater
FlooringTile

Exterior

Lot Size8,782 sqft

Building Information

Year Built2023
Roof Type105
Garage Spaces2

Land Information

APNT1250-03-000-0038-00
Lot Number38
SubdivisionTejas Cuatro Ph 3 - Swl
Land UseResidential
Legal DescriptionTEJAS CUATRO PH 3 LOT 38
Census Tract022402
Assessed Land Value$95,723
Assessed Improvement Value$171,062
Assessment Year2025

About this property

Located in the up and coming Tejas Cuarto subdivision. This new construction home measures 1,650 of living square feet and sits on .20 of an acre. Features a 3BR/2BA/1HB, granite countertops all throughout the home, modern light fixtures, split bedrooms and porcelain tile flooring. It displays an open concept kitchen, living and dining areas. Nearby schools, hospitals, retail outlets and restaurants encompass the area.

Investor Tools

Property Icon
$276,000
Estimated Property Value
$228,595Estimated Mortgage Balance
$47,405Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,656 /month
Positive
Cash Flow Estimate:
$552 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$657/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,508
$266,785
2025
$95,723
$171,062
$266,785
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,508
$266,785

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Security Service Fcu
Conventional
$237,500
No
First
Mar 12, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$228,595
$47,405
17%
83%
$1,424/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,141/mo
$1,424/mo
$-283/mo
5.0%

City: WESLACO

705 Fannin St | Property Details | No Agent List