Ricardo Salazar REALTOR® · RCR Real Connect Realty
WhatsApp

Ricardo Salazar · REALTOR® · TREC #643769 · RCR Real Connect Realty (broker license #9012393)

Investor sheet · MLS# 29772227 · https://ricosalazar.com/properties/2102-stonegate-dr-harlingen-tx-78552-29772227

For sale

$305,000

2102 Stonegate Dr., Harlingen, TX 78552

bd
3
ba
2
ft²
1,754
Est. cap rate 2.0% See the numbers →

MLS# 29772227 · Listed by Anthony Silvestro, CORNERSTONE TX REALTY · Tel. 956-203-8552

  • TypeSingle-family home
  • Year built2010
  • Lot0.17 acres
  • Price / ft²$174
  • HOA / month$29
  • Est. rent$1,700/mo Est.
  • Gateway International Bridge≈ 40 min approx.
Virtual tour (opens another website in a new tab) Ask for a video walkthrough

Description

Beautiful Home...Sought After Gated Community.... In-ground Pool, put those together and you have the makings of the perfect place to raise your family! This home has 3 bedrooms (split floor plan) and 2 full bathrooms, perfect for a growing family. The Kitchen is perfect for the chef in the family with plenty of counter space and open views to the living area which makes it perfect for entertaining. The formal dining area is a picture perfect setting for all of your holiday get-togethers and of course in South Texas the in-ground pool can be ready for every occasion from birthdays to Christmas to the 4th of July! The separate laundry room and two car garage finish this property off perfectly

Property details

Type
Single-family home · Single Family Residence
Status
For sale
MLS#
29772227
Price
$305,000
Price per ft²
$174
Bedrooms
3
Bathrooms
2
Living area
1,754 ft²
Lot size
0.17 acres
Year built
2010
Subdivision
Stonebriar Estates
City
Harlingen
County
Cameron
HOA
$29/mo
Days on market
252
Listed
Feb 19, 2026
Last updated
Sep 28, 2026, 8:32 AM CT

Numbers for investors

Price per ft²

$174

Source: MLS listing

Estimated rent

$1,700/mo

Gross yield 6.7%

Asking rent: median of 9 active rentals, ZIP 78552, 3 bedrooms (not signed leases) · RGV MLS, Oct 28, 2026

Days on market

252

Source: MLS listing

Est. fixed costs per month
$842/mo Est.
Cash to close with 25% down
$85,400 Est.
Est. cap rate
2.0% Est.

How we calculate the cap rate, and how accurate it is

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?

Purchase

List price per the MLS. Try your own offer.

25%

100% = cash purchase, no loan.

7%

Planning assumption, not a lender quote.

Loan term
Income
/mo

Asking rent: median of 9 active rentals, ZIP 78552, 3 bedrooms (not signed leases) · RGV MLS, Oct 28, 2026

8%

Share of the year the property sits empty.

Expenses
/yr

Estimated at 2.2% of the price per year. Verify it with the Cameron Appraisal District.

/yr

Estimated at 1% of the price per year; coastal wind coverage can cost more.

/mo

Monthly dues per the MLS listing.

5%

% of collected rent.

8%

% of collected rent, if you hire a manager.

3%

Buyer side: title, appraisal, lender fees (estimate).

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 Estimate
$20,400
Gross yield: rent ÷ price, before costs
6.7%
minus Vacancy (8% of gross rent) Assumption
$1,632
equals Rent collected
$18,768
minus Property tax Estimate
$6,710
minus Insurance Estimate
$3,050
minus HOA dues, 12 months MLS listing
$348
minus Maintenance (5% of rent collected) Assumption
$938
minus Management (8% of rent collected) Assumption
$1,501
equals Net operating income (NOI)
$6,220
divided by Price MLS listing
$305,000
equals Cap rate
2.0%

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: price, HOA
  • Our estimates and assumptions: rent, property tax, insurance, vacancy, maintenance, management
  • MLS figures are what the listing reports. We have not verified them.
  • 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

2102 Stonegate Dr., Harlingen, 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.

Message on WhatsApp Read the buying guide

Ask about this property

Ricardo Salazar

REALTOR® · TREC #643769

Ricardo Salazar

RCR Real Connect Realty

  • Español
  • English
Phone / WhatsApp
+1 (956) 592-5052
Website
https://ricosalazar.com/

Schedule a showing (in person or by video)

About: 2102 Stonegate Dr. · MLS# 29772227

Optional if you leave a WhatsApp or phone number.

No obligation

Single-family home · Harlingen

Similar properties

See all in Harlingen

Listing office: CORNERSTONE TX REALTY

Listing agent: Anthony Silvestro

Office contact: 956-203-8552

MLS# 29772227 · 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.

Message on WhatsApp Write to Ricardo
$305,000Est. cap rate 2.0%

1 / 37

2102 Stonegate Dr., Harlingen, TX 78552 · MLS# 29772227