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$259,937

NAL Estimated Property Value

817 E MONROE AVE., HARLINGEN, TX, 78550

Off MarketInfo
CommercialInfo
Beds2 Beds
Baths1 Bath
Baths1,200 Sq Ft
Multi FamilyMulti Family
price_per_sqft$69.17 / sqft
Year BuiltBuilt in 1960

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Gas Water Heater
FlooringCarpet, Tile

Exterior

Exterior FeaturesBalcony
Lot Size6,996 sqft

Building Information

Year Built1960
Stories1
Roof Type105

Land Information

APN16-5110-0020-0080-00
Lot Number8
SubdivisionClara Pierce Subdivision
Land UseResidential
Legal DescriptionHARLINGEN- CLARA PIERCE LOT 8 BLK 2
Census Tract010900
Assessed Land Value$45,150
Assessed Improvement Value$214,787
Assessment Year2025

About this property

CALLING ALL INVESTORS! Located in the heart of Harlingen, this FOUR unit Multi-Family property has endless opportunity. The front unit features two bedrooms alongside a full bath. The Livingroom, kitchen, and both bedrooms all feature ceiling fans. The Livingroom and Kitchen both host large open style layouts, perfect for creating a modern design. The three unit building in the rear of the property features two units on the second floor, and one unit on the bottom, with a storage unit below as well. It also hosts a BRAND NEW ROOF. The property also already has in place FOUR separate ELECTRIC METERS. Plenty of parking space including the CARPORT, and the gated drive. The property does need a little TLC, but has endless cash flow potential.

Investor Tools

Property Icon
$259,937
Estimated Property Value
$184,971Estimated Mortgage Balance
$74,966Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,560 /month
Positive
Cash Flow Estimate:
$520 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$528/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,035
$259,937
2025
$45,150
$214,787
$259,937
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,035
$259,937

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$191,250
No
First
Jun 21, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$184,971
$74,966
28%
71%
$1,147/mo

City: HARLINGEN

817 E MONROE AVE. | Property Details | No Agent List