$129,000
916 E RODEO DR., RAYMONDVILLE, TX, 78580
On Market
Property Lead Type:
High Equity
Highlights
Interior
AppliancesElectric Water Heater
FlooringTile
Exterior
Lot Size5,506 sqft
Building Information
Year Built1993
Land Information
APN35681
Lot Number21
Land UseResidential
Legal DescriptionROBERTS, JOHN SUBD, BLOCK 1, LOT 21
Census Tract950400
Assessed Land Value$14,596
Assessed Improvement Value$69,499
Assessment Year2025
About this property
Charming home located in a well-established neighborhood of Raymondville, TX! Great opportunity for First Time Home Buyers or Investors looking to expand their portfolio! This home offers 3 comfortable Bedrooms, 2 Full bathrooms, 916 square feet of living space with a functional floor plan, tile flooring throughout, lightly updated kitchen with stainless steel appliances and a spacious, fully fenced yard perfect for play or entertaining. Conveniently located near shopping, dining and local amenities.
Investor Tools
$64,678Estimated Mortgage Balance
$79,322Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$864 /month
Positive
Cash Flow Estimate:
$288 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$168/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,301
$69,047
2025
$14,596
$69,499
$84,095
No
Tax History
Year
Tax Paid
Assessed Value
2025
$1,301
$69,047
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amg Rgv Llc
Purchase Money Mortgage
$74,500
No
First
Oct 24, 2019
Mar 2039
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$64,678
$79,322
55%
45%
$447/mo
