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$565,000

89 Cortez Ave, RANCHO VIEJO, TX, 78575

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths4 Bath
Baths3,138 Sq Ft
price_per_sqft$180.05 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Water Heater
FlooringCarpet, Hardwood, Tile

Exterior

Lot Size16,801 sqft

Building Information

Year Built1999
Stories2
Roof Type114
Garage Spaces2

Land Information

APN52-0010-0000-0890-00
Lot Number89
SubdivisionRancho Viejo Subd Section I
Land UseResidential
Legal DescriptionLOT 89 RANCHO VIEJO SUBD SECTION I (VOL 25 PG 37 CCMR)
Census Tract012506
Assessed Land Value$122,400
Assessed Improvement Value$172,161
Assessment Year2025

About this property

Beautiful 4-bedroom, 3.5-bath home in Rancho Viejo! This updated residence features a newly remodeled kitchen and two upstairs bathrooms, a new AC unit (downstairs),resaca fed sprinkler system, and a new water heater. Enjoy the benefits of a water softener throughout, a reverse osmosis system in the kitchen, and new windows. The property includes a 2-car garage, a dedicated dog room, and a large deck perfect for entertaining. Situated on a resaca lot, the lush backyard boasts a fig tree, valley lemon, papaya trees, dragon fruit, blueberries, and blackberries. Don't miss this fantastic opportunity!

Investor Tools

$339,943Estimated Mortgage Balance
$107,829Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,390 /month
Positive
Cash Flow Estimate:
$1,130 /month

Interested in this property?

Lourdes Gavito-Galonsky

KELLER WILLIAMS LRGV

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$600/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,964
$294,561
2025
$122,400
$172,161
$294,561
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,964
$294,561

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Low Va Rates Llc
Va
$270,700
Yes
First
Aug 8, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$339,943
$80,057
19%
76%
$2,163/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,680/mo
$2,163/mo
$-483/mo
4.5%

City: RANCHO VIEJO