$143,000
NAL Estimated Property Value757 N Iowa Ave, WESLACO, TX, 78596
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerMove-In Ready
Highlights
Interior
AppliancesDouble Oven, Dryer, Washer, Electric Water Heater
FlooringTile
Exterior
Lot Size8,999 sqft
Building Information
Year Built1984
Stories1
Roof Type105
Garage Spaces1
Land Information
APNM6450-00-009-0003-00
Lot Number3
SubdivisionL. D. Morgan's Addn - Swl
Land UseResidential
Legal DescriptionL. D. MORGAN'S ADDN BLK 9 LOTS 3,4 & 5
Census Tract022600
Assessed Land Value$61,050
Assessed Improvement Value$67,837
Assessment Year2025
About this property
Move in ready home with all tile flooring. A 3 bedroom and 1 bath home with formal living and kitchen /dining combo. Spacious kitchen with gas cooktop and refrigerator. All bedrooms area nice size and one large bathroom with walk-in shower all tiled shower. The home sits on 3 lots and is completely fenced. A covered patio , storage room and a detached laundry room. Washer and dryer are included in the sale. Come and view this cute home with easy access to expressway and shopping areas. HVAC is approximately 4 years old and water heater is 5 years old.
Investor Tools
$143,000
Estimated Property Value
$186,024Estimated Mortgage Balance
$143,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$858 /month
Positive
Cash Flow Estimate:
$286 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$221/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,936
$125,342
2025
$61,050
$67,837
$128,887
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,936
$125,342
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Unknown
$99,460
No
First
Oct 21, 2022
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$186,024
N/A
0%
130%
$1,194/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,141/mo
$1,194/mo
$-53/mo
9.6%
