REALTOR® · TREC #643769
Ricardo Salazar
RCR Real Connect Realty
- Español
- English
Ricardo Salazar · REALTOR® · TREC #643769 · RCR Real Connect Realty (broker license #9012393)
Investor sheet · MLS# 29775111 · https://ricosalazar.com/properties/17855-spruce-st-combes-tx-78552-29775111
$259,900
17855 Spruce St, Combes, TX 78552
- bd
- 4
- ba
- 2
- ft²
- 1,446
MLS# 29775111 · Listed by Glenda De Leon, Keller Williams Heritage · Tel. 210-493-3030
- TypeSingle-family home
- Year built2026
- Lot0.13 acres
- Price / ft²$180
- Gateway International Bridge≈ 40 min approx.
Description
Brand new barn-style construction located in a desirable new subdivision! This thoughtfully designed home features 4 spacious bedrooms and 2 full bathrooms, offering 1,446 sq ft of living space with a modern open-concept layout perfect for both everyday living and entertaining. The split floor plan provides added privacy, with the primary suite set apart from the secondary bedrooms. Enjoy outdoor living with a covered patio, and the convenience of a one-car garage .The home is currently under construction and is expected to be completed in approximately 8 weeks. A perfect blend of comfort, style, and functionality—don't miss this opportunity!
Property details
- Type
- Single-family home · Single Family Residence
- Status
- For sale
- MLS#
- 29775111
- Price
- $259,900
- Price per ft²
- $180
- Bedrooms
- 4
- Bathrooms
- 2
- Living area
- 1,446 ft²
- Lot size
- 0.13 acres
- Year built
- 2026
- Subdivision
- Hidden Woods Ph Ii
- City
- Combes
- County
- Cameron
- Days on market
- 219
- Listed
- Mar 23, 2026
- Last updated
- Aug 7, 2026, 6:27 PM CT
Numbers for investors
Price per ft²
$180
Source: MLS listing
Days on market
219
Source: MLS listing
- Est. fixed costs per month
- $693/mo Est.
- Cash to close with 25% down
- $72,772 Est.
General information only, not legal, tax or financial advice. Ricardo Salazar is a licensed real estate agent, not an attorney, CPA or lender. Consult qualified professionals in the U.S. and Mexico.
Investment calculator · Estimates
What could it earn?
How we calculate the cap rate, and how accurate it is
Cap rate = NOI ÷ price. NOI is the rent you would collect in a year, after vacancy, minus the costs of running the property. The loan is left out, so the cap rate measures the property as if you paid cash.
- Gross rent, 12 months Not provided
- —
- Gross yield: rent ÷ price, before costs
- —
- minus Vacancy (8% of gross rent) Assumption
- —
- equals Rent collected
- —
- minus Property tax Estimate
- $5,718
- minus Insurance Estimate
- $2,599
- minus HOA dues, 12 months Not provided
- $0
- minus Maintenance (5% of rent collected) Assumption
- —
- minus Management (8% of rent collected) Assumption
- —
- equals Net operating income (NOI)
- —
- divided by Price MLS listing
- $259,900
- equals Cap rate
- —
Amounts are rounded to the dollar; the cap rate uses the exact figures.
Is it accurate?
It is an estimate, not a quote or a guaranteed return. It is only as good as its inputs:
- From the MLS listing:
- From a rent comparable:
- Your figures:
- Our estimates and assumptions:
- Not provided, counted as $0:
- Missing: the monthly rent. Enter it to get a cap rate.
- MLS figures are what the listing reports. We have not verified them.
- The tax on a listing is the seller’s last bill, and it can be lower than what you will pay: a homestead exemption, the 10% cap on homestead appraisals and an over-65 or disability tax ceiling do not carry over to an investor.
- Listings in this MLS do not include property tax, so unless you enter your own figure we use 2.2% of the price a year. Look up the property’s value and taxing units at the Cameron Appraisal District (opens in a new tab); a rental does not get the homestead exemption.
- If a listing advertises its own cap rate, it may leave out vacancy, management or other costs, which makes it look higher.
- To confirm it, ask for the current lease or rent roll, last year’s tax bill (Cameron County Tax Assessor-Collector) and your own insurance quote from a Texas-licensed agent; coastal wind and flood coverage can cost much more. For a specific property, Ricardo can ask the listing agent for the lease, the tax bill and what the seller pays for insurance.
What it leaves out
- The mortgage. Your loan shows up in cash flow and cash-on-cash, not in the cap rate.
- Big repairs and replacements (roof, A/C, appliances) and savings set aside for them.
- Utilities, lawn care or pest control, if the owner pays them.
- Closing costs, leasing fees, income taxes in the U.S. or Mexico, and depreciation.
Location and drive times
17855 Spruce St, Combes, TX 78552 Open in Google Maps (opens in a new tab)
- Gateway International Bridge≈ 40 min approx.
- B&M International Bridge≈ 40 min approx.
- UTRGV Brownsville campus≈ 40 min approx.
- Port of Brownsville≈ 40 min approx.
- Veterans International Bridge at Los Tomates≈ 40 min approx.
- South Padre Island (Queen Isabella Causeway)≈ 50 min approx.
- SpaceX Starbase launch site, Boca Chica≈ 60 min approx.
Approximate car times computed from the map: city pace for the first 10 km, highway pace after that, and trips that would cross the ship channel go around it by the Port. They do not include traffic, bridge waits or launch-day road closures.
Schematic
Approximate positions; not a navigation map.
- Area (opens its page)
- International bridge
- Main highway
- Ship channel
Gateway Bridge to South Padre Island: ≈ 37 km (23 mi) in a straight line.
Base map data © OpenStreetMap
Buying from Mexico with a loan?
Ricardo is not a lender. Ask him which loan types exist for foreign buyers and which documents lenders usually request.
Ask about this property
- Phone / WhatsApp
- +1 (956) 592-5052
- [email protected]
- Website
- https://ricosalazar.com/
Single-family home · Combes
Similar properties
Single-family home Price cut $4.2K$239,999
$182/ft²
3 bd · 2 ba · 1,320 ft² · 0.14 acres
18075 Spruce St, Combes
≈ 40 min · Gateway International Bridge
MLS# 29780046 · Listed by Melissa J. Martinez, KELLER WILLIAMS LRGV · Tel. 956-423-8877
Single-family home Price cut $10K$214,999
$118/ft²
3 bd · 2 ba · 1,829 ft² · 0.5 acres
20479 N Highway 77 Bypass, Combes
Median asking rent $1,625/mo · Gross yield 9.1%
MLS# 29779976 · Listed by Leslie De La Garza, KELLER WILLIAMS LRGV · Tel. 956-423-8877
Single-family home$249,900
$182/ft²
3 bd · 2 ba · 1,370 ft² · 0.14 acres
18084 Spruce St #44, Combes
Median asking rent $1,700/mo · Gross yield 8.2%
MLS# 29779672 · Listed by Noe Ortiz, Realty One Group, Modern Edge · 956-908-0325, [email protected]
Single-family home$125,000
$138/ft²
2 bd · 1 ba · 904 ft² · 0.48 acres
112 Holland St, Combes
≈ 40 min · Gateway International Bridge
MLS# 29779361 · Listed by Cassandra Gomez-Fell, Coldwell Banker La Mansion Real Estate Har · Tel. 956-425-7098
Single-family home$222,000
$185/ft²
3 bd · 2 ba · 1,200 ft² · 0.14 acres
17993 Spruce St #16, Combes
Median asking rent $1,700/mo · Gross yield 9.2%
MLS# 29778908 · Listed by Noe Ortiz, Realty One Group, Modern Edge · 956-908-0325, [email protected]
Single-family home Price cut $10K$115,000
$128/ft²
2 bd · 2 ba · 896 ft² · 0.16 acres
303 Morrison Ave #21 & 22, Combes
Median asking rent $1,225/mo · Gross yield 12.8%
MLS# 29778767 · Listed by Antonio De La Rosa, KELLER WILLIAMS LRGV · Tel. 956-423-8877
Listing office: Keller Williams Heritage
Listing agent: Glenda De Leon
Office contact: 210-493-3030
MLS# 29775111 · Last updated
Want a second opinion on this one?
Ricardo can review the numbers, the area and the next steps with you, in Spanish or English.