Last 24 Hours
$126,000
NAL Estimated Property Value815 Rio Hondo Rd, HARLINGEN, TX, 78550
Off Market
2 Beds
1 Bath
1,085 Sq Ft
$51.52 / sqft
Built in 1946Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
Bedrooms 2
Bathrooms Full 1
Garage Available
Heating Central
CoolingAppliancesGas Water Heater
FlooringHardwood
Exterior
Lot Size21,780 sqft
Building Information
Year Built1946
Stories1
Roof Type105
Garage Spaces2
Land Information
APN18-4040-0980-0020-00
Lot NumberB
SubdivisionHarlingen Land & Water Co Subd
Land UseResidential
Legal DescriptionHARLINGEN LAND & WATER CO SUBD BLOCK 98, LOT B PT, ACRES 0.50
Census Tract010204
Assessed Land Value$112,385
Assessed Improvement Value$51,852
Assessment Year2025
About this property
ON HALF AN ACRE!! This cute little 2 Bedroom home sits on a huge lot in a great location. The house seems to be in great structural condition and has beautiful hardwood floors throughout most of the home. The bedrooms are spacious and have built-in drawers and nice closets. The living and dining rooms are also super roomy, giving you a big home feel at a small home price. There is a home warranty already in place for the house which will convey to the new owner at closing.
Investor Tools
$126,000
Estimated Property Value
$38,463Estimated Mortgage Balance
$87,537Estimated Equity
69% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$756 /month
Positive
Cash Flow Estimate:
$252 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$103/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$609
$52,729
2025
$112,385
$51,852
$164,237
No
Tax History
Year
Tax Paid
Assessed Value
2025
$609
$52,729
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Fha
$50,953
Yes
First
Jan 13, 2015
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$38,463
$87,537
69%
31%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$910/mo
N/A
+$910/mo
8.7%
12.4%