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$173,900

NAL Estimated Property Value

FM-106 FM 106, RIO HONDO, TX, 78583

Off MarketInfo

About this property

The property is ideal for a higher-end subdivision, the location is well located for traveling to the island, Arroyo City, or to Harlingen for shopping or medical needs. It has approximately 925 frontage feet along FM-106 and 1,200 feet of frontage along Palo Seco Rd. Seller to retain any mineral rights. Property is currently leased for agricultural production.

Investor Tools

Property Icon
$173,900
Estimated Property Value
$0Estimated Mortgage Balance
$173,900Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,043 /month
Positive
Cash Flow Estimate:
$348 /month

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Financing Details

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

City: RIO HONDO

FM-106 FM 106 | Property Details | No Agent List