$465,000
7940 County Road 279, Rio Medina, TX, 78066
On Market
Highlights
Interior
AppliancesDishwasher, Dryer, Refrigerator, Oven, Washer, Disposal
FlooringCarpet, Ceramic Tile, Laminate
Exterior
Exterior FeaturesBalcony
Lot Size5.03 acres
Building Information
Year Built2009
Stories1
Land Information
APN22720
Lot Number44
SubdivisionRed Wing Estates
Land UseResidential
Legal DescriptionRED WING ESTATES LOT 44
Census Tract000104
Assessed Land Value$140,330
Assessed Improvement Value$277,060
Assessment Year2025
About this property
Wonderful Secluded Country Living in the Red Wing Estates Neighborhood. Certified Modular Home, Boast of Open Spacious Floor Plan with many features & MOVE IN READY upgraded Refrigerator, Dishwasher, and Washer/Dryer. Main Bedroom has HIS/HER Baths with walk in Closets and Outdoor Access. Sub-floor has double blanket insulation. Exterior walls are built with 2x6's and hard board panels behind the dry wall. Immerse Yourself in fully Treed 5 Acre Spread. No HOA dues/restrictions. Easy Access to Medina ISD, Castroville, Medina Lake, & Miltary Bases.
Investor Tools
$195,915Estimated Mortgage Balance
$274,085Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,820 /month
Positive
Cash Flow Estimate:
$940 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$473/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,326
$360,705
2025
$140,330
$277,060
$417,390
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,326
$360,705
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mid-American Mortgage Inc
Va
$217,453
Yes
First
Mar 1, 2021
Apr 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$195,915
$274,085
58%
42%
$1,304/mo
