$268,000
719 De Leon Ave, RANCHO VIEJO, TX, 78575
On Market
Property Lead Type:
Deal ListAbsentee OwnerHigh EquityMove-In Ready
Highlights
Interior
AppliancesElectric Water Heater
FlooringTile
Exterior
Lot Size12,654 sqft
Building Information
Year Built1975
Stories2
Roof Type105
Land Information
APN52-0050-0050-1180-00
Lot Number5118
SubdivisionRancho Viejo Subd Section V
Land UseResidential
Legal DescriptionRANCHO VIEJO-RANCHO VIEJO SEC 5 LTS 5118 & PT LT 5121
Census Tract012506
Assessed Land Value$53,148
Assessed Improvement Value$140,205
Assessment Year2025
About this property
3 bedroom 3 bathroom house. Granite countertops, stainless steel appliances. Sitting in a calm and nice neighborhood, the house has a big backyard with a lovely view of the golf course and resaca, Bonus room. Lots of natural light coming in!
Investor Tools
$111,929Estimated Mortgage Balance
$131,071Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,608 /month
Positive
Cash Flow Estimate:
$536 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$477/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,507
$193,353
2025
$53,148
$140,205
$193,353
No
Tax History
Year
Tax Paid
Assessed Value
2025
$4,507
$193,353
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Plainscapital Bank
Commercial
$123,750
No
First
May 19, 2021
May 2026
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$111,929
$131,071
53%
46%
$742/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,490/mo
$742/mo
+$748/mo
7.4%
