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$391,000

NAL Estimated Property Value

91 Cortez Ave, RANCHO VIEJO, TX, 78575

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths2,618 Sq Ft
price_per_sqft$120.32 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Softener
FlooringTile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size16,801 sqft

Building Information

Year Built1980
Stories2
Garage Spaces2

Land Information

APN52-0010-0000-0910-00
Lot Number91
SubdivisionRancho Viejo Subd Section I
Land UseResidential
Legal DescriptionLOT 91 RANCHO VIEJO SUBD SECTION I (VOL 25 PG 37 CCMR)
Census Tract012506
Assessed Land Value$122,400
Assessed Improvement Value$216,234
Assessment Year2025

About this property

A MUST SEE STUNNING and SERENE 4BD/5BTH waterfront property located in Rancho Viejo sitting on Resaca del Rancho Viejo. Elegantly updated with a centralized kitchen, granite countertops & a view to die for! Relax in your pool as you sip a beverage of choice & enjoy the peace & quiet of the resaca. Sit on the pier, kick back on the patio, or lay out on the large oversized balcony that runs along the whole back side of the home! Enjoy yourself wherever you choose. Bedrooms are upstairs with access to their own bathrooms. The master bedroom as well as another room have access to the balcony. This is truly a one of a kind property & is going to be a very prized possession for it's new owners. Come see for yourself what makes this property one of the nicest in Rancho Viejo for the price.

Investor Tools

Property Icon
$391,000
Estimated Property Value
$191,407Estimated Mortgage Balance
$199,593Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,346 /month
Positive
Cash Flow Estimate:
$782 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$737/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,893
$338,634
2025
$122,400
$216,234
$338,634
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,893
$338,634

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Thrive Mortgage Llc
Conventional
$220,000
No
First
Sep 26, 2019
Oct 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$191,407
$199,593
51%
49%
$1,320/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,680/mo
$1,320/mo
+$360/mo
5.2%

City: RANCHO VIEJO

91 Cortez Ave | Property Details | No Agent List