Last 24 Hours
$196,960
NAL Estimated Property Value708 WATER ST., RIO GRANDE CITY, TX, 78582
Off Market
Commercial
— Beds
— Bath
3,668 Sq Ft
$40.62 / sqft
Built in 1990Highlights
Interior
Bedrooms —
Bathrooms —Exterior
Lot Size14,000 sqft
Land Information
APN166000040000100000000
Lot Number1,2
SubdivisionShuford S/D
Land UseCommercial
Legal DescriptionLTS 1 & 2 BLK 4 SHUFORD S/D.
Census Tract950602
Assessed Land Value$28,000
Assessed Improvement Value$168,960
Assessment Year2024
About this property
Nice commercial building in a residential area in Rio Grande City. The main building has approximately 2,888 square feet under air and there is a detached, 800 square foot building that has been remodeled to serve as a nursery area. There is a fenced playground area and paved parking area. The property is leased to TMC Head Start and is being operated as a child care/learning facility. Lease information available on request to qualified buyers. Good lease investment opportunity. This is a lender owned property. Property is scheduled to be sold at auction on site on Novermber 2, 2017. For details please contact listing agent or go to www.hudsonmarshall.com.
Investor Tools
$196,960
Estimated Property Value
$0Estimated Mortgage Balance
$196,960Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,182 /month
Positive
Cash Flow Estimate:
$394 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$224/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,705
$196,960
2024
$28,000
$168,960
$196,960
No
Tax History
Year
Tax Paid
Assessed Value
2022
$1,705
$196,960
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$196,960
100%
0%
$0/mo
12.4%