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$414,500

$419,500

9221 Areca Palm, LOS FRESNOS, TX, 78566

On MarketInfo
Price DropInfo
Beds3 Beds
Baths3 Bath
Baths2,144 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$193.33 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Water Heater
FlooringTile

Exterior

Private PoolPrivate Pool
Lot Size10,141 sqft

Building Information

Year Built2020
Stories2
Roof Type105
Garage Spaces2

Land Information

APN77-3976-0020-0020-00
Lot Number2
SubdivisionElm Ridge Subdivision Section I
Land UseResidential
Legal DescriptionLOT 2 BLK 2 ELM RIDGE SUBDIVISION SECTION I (2019 AMEND PLAT C1-3699 & 3700 CCMR FILED 3/9/2018)(2018 PLAT C1-3625 & 3626 CCM
Census Tract012403
Assessed Land Value$98,865
Assessed Improvement Value$238,687
Assessment Year2025

About this property

Stunning, modern residence offering a perfect blend of luxury and functionality. Ideally located near Port Isabel, South Padre Island, and the SpaceX launch site, this move-in-ready home is designed for those who value both style and convenience. A standout feature is the dedicated, versatile office space,perfect for remote work, a quiet study, or a creative studio. The interior showcases an expansive open-concept layout with soaring ceilings and elegant marble-style flooring. The heart of the home is a sophisticated living area centered around a sleek, built-in entertainment wall with a modern fireplace, complemented by a striking staircase and high-end finishes throughout. Step outside to your private resort-style oasis. The backyard features a beautiful swimming pool and a custom raised spa, all enclosed by a tall privacy fence for ultimate seclusion. Whether you are hosting summer gatherings on the concrete decking or enjoying the lush green space, this home offers an exceptional

Investor Tools

$212,925Estimated Mortgage Balance
$183,469Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,487 /month
Positive
Cash Flow Estimate:
$829 /month

Interested in this property?

Lourdes Huizar

Sublime Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$627/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,550
$337,552
2025
$98,865
$238,687
$337,552
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,550
$337,552

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Home Funding Corp
Conventional
$231,000
No
First
Jun 14, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$212,925
$147,075
40%
54%
$1,385/mo

City: LOS FRESNOS

9221 Areca Palm | Property Details | No Agent List