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$319,000

NAL Estimated Property Value

705 Harris Dr, RIO HONDO, TX, 78583

SoldInfo
8/25/26
Beds3 Beds
Baths3 Bath
Baths1,731 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$135.7 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

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

Exterior

Lot Size25,265 sqft

Building Information

Year Built2006
Stories1
Roof Type105
Garage Spaces2

Land Information

APN55-6301-0010-0030-00
Lot Number3
SubdivisionArroyo Vista Estates Subdivision
Land UseResidential
Legal DescriptionARROYO VISTA ESTATES SUBDIVISION LOT 3 BLK 1 (CAB 1 SLOT 1981-A CCMR)
Census Tract010101
Assessed Land Value$64,241
Assessed Improvement Value$196,704
Assessment Year2025

About this property

This beautiful 3 bed, 2.5 bath home is tucked away on a quiet road in Rio Hondo, sitting on a spacious .58 acres. The open floor plan and split bedroom layout give everyone their own space, while the bonus room is ready to be whatever you need - office, playroom, or extra bedroom. The covered patio and extended driveway adds to the everyday comfort, and the huge backyard leaves plenty of room to relax, entertain, or even add a pool or guest house down the road. Just minutes from town, but with all the space and privacy of the country. Schedule your showing today!

Investor Tools

Property Icon
$319,000
Estimated Property Value
$161,215Estimated Mortgage Balance
$260,926Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,914 /month
Positive
Cash Flow Estimate:
$638 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$707/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,885
$260,945
2025
$64,241
$196,704
$260,945
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,885
$260,945

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Fha
$168,688
Yes
First
Mar 25, 2019
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$161,215
$99,730
38%
51%
$1,115/mo

Learn About the Market: Opportunity in Texas

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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: RIO HONDO

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705 Harris Dr | Property Details | No Agent List