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$223,000

NAL Estimated Property Value

8523 Rita Blanca St, Converse, TX, 78109

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,704 Sq Ft
price_per_sqft$134.98 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesDishwasher, Microwave, Oven, Range, Cooktop
FlooringCarpet, Vinyl

Exterior

Lot Size6,000 sqft

Building Information

Year Built2006
Stories2
Roof Type109
Garage Spaces2

Land Information

APN05080-950-0220
Lot Number22
SubdivisionEscondido Creek
Land UseResidential
Legal DescriptionCB 5080R BLK 50 LOT 22 ESCONDIDO CREEK SUBD UT-2 PLAT 9565/120-122
Census Tract131612
Assessed Land Value$47,880
Assessed Improvement Value$175,120
Assessment Year2025

About this property

Welcome to your beautifully updated 3-bedroom, 2-bathroom home nestled in the desirable Escondido Creek neighborhood. This freshly painted home combines comfort, style, and modern upgrades throughout. Step inside to discover brand-new carpet, stylish new fixtures, and a spacious, light-filled layout designed for everyday living and entertaining. The kitchen is equipped with brand-new appliances, perfect for home chefs and family gatherings alike. Both full bathrooms have been fully renovated with contemporary finishes, offering a spa-like experience and timeless design. Whether you're a first-time buyer or looking to upgrade, this turnkey home offers everything you need - just bring your furniture and settle in!

Investor Tools

Property Icon
$223,000
Estimated Property Value
$219,478Estimated Mortgage Balance
$3,522Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,380 /month
Positive
Cash Flow Estimate:
$460 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$470/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,523
$223,000
2025
$47,880
$175,120
$223,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,523
$223,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Newrez Llc
Unknown
$220,433
No
First
Feb 20, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$219,478
$3,522
1%
98%
$1,322/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,980/mo
$1,622/mo
+$358/mo
10.7%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Converse

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8523 Rita Blanca St | Property Details | No Agent List