$339,000
23351 FM 1847 Lot 60 Block 1, Rio Hondo, TX, 78583
On Market
Just Added
Property Lead Type:
High Equity
Highlights
Interior
Exterior
Lot Size1.00 acres
Building Information
Year Built2015
Stories1
Roof Type114
Garage Spaces1
Land Information
APN79-1897-0010-0600-00
Lot Number60
SubdivisionLa Tina Cntry Estates Ph Ii Sec I
Land UseResidential
Legal DescriptionLA TINA CNTRY ESTATES PH II SEC I LOT 60 BLOCK 1 (C1-2509-AB, 2510-AB & 2511-A)
Census Tract010102
Assessed Land Value$104,551
Assessed Improvement Value$189,500
Assessment Year2026
Investor Tools
$235,345Estimated Mortgage Balance
$191,655Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,562 /month
Positive
Cash Flow Estimate:
$854 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$561/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,602
$294,051
2026
$104,551
$189,500
$294,051
No
Tax History
Year
Tax Paid
Assessed Value
2025
$4,602
$294,051
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Fha
$260,200
Yes
First
Oct 14, 2021
Nov 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$235,345
$191,655
44%
55%
$1,561/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,370/mo
$1,561/mo
$-191/mo
3.9%
