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

Investor sheet · MLS# 29779739 · https://ricosalazar.com/properties/2604-solar-dr-mission-tx-78574-29779739

Single-family home

2604 Solar Dr., Mission, TX 78574

$349,999

Price cut $5K
bd
3
ba
3
ft²
1,778
No rent in the MLS: run cash flow with your own estimate Run the numbers →

MLS# 29779739 · Listed by Alejandro Calzada, Calzada Real Estate LLC · Tel. 956-223-9459

  • TypeSingle-family home
  • Year built2026
  • Lot0.01 acres
  • Price / ft²$197
  • HOA / month$80
  • B&M International Bridge≈ 75 min approx.

Description

Welcome to "Casa Luana" this one of a kind townhouse where innovative inspired design meets everyday comfort. This 3 bedroom 2.5 bath home features a unique elegant modern style with clean architectural lines, elevated finishes, and a sophisticated look that truly stands out. The bright open layout is designed for both entertaining and daily living, offering inviting living and dining spaces and a kitchen that feels fresh and contemporary. Upstairs, you will find a spacious primary suite with a private bath, also with its own private balcony perfect for relaxation, plus well sized secondary bedrooms & bathroom that work for guests, home office, or a growing household. A 2 car garage adds extra convenience and storage. Located right off Taylor Rd, this home offers a central location close to shopping, dining, and major routes, making it easy to get anywhere you need to go.

Property Details

Type
Single-family home · Single Family Residence
Status
For sale
MLS#
29779739
Price
$349,999
Price per ft²
$197
Bedrooms
3
Bathrooms
3
Living area
1,778 ft²
Lot size
0.01 acres
Year built
2026
Subdivision
Garden Path
City
Mission
County
Hidalgo
HOA
$80/mo
Days on market
37
Listed
Sep 22, 2026
Last updated
Oct 21, 2026, 5:06 PM CT

Key Figures

Price per ft²

$197

Source: MLS listing

Days on market

37

Source: MLS listing

Est. fixed costs per month
$1,013/mo Est.
Cash to close with 25% down
$98,000 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.

Estimates Only

Investment Calculator

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

The MLS does not publish a rent for this property. Enter your own estimate or ask Ricardo for rent comps in the area.

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 Not provided
—
Gross yield: rent ÷ price, before costs
—
minus Vacancy (8% of gross rent) Assumption
—
equals Rent collected
—
minus Property tax Estimate
$7,700
minus Insurance Estimate
$3,500
minus HOA dues, 12 months MLS listing
$960
minus Maintenance (5% of rent collected) Assumption
—
minus Management (8% of rent collected) Assumption
—
equals Net operating income (NOI)
—
divided by Price MLS listing
$349,999
equals Cap rate
—

Amounts are rounded to the dollar; the cap rate uses the exact figures.

Accuracy

It is an estimate, not a quote or a guaranteed return. It is only as good as its inputs:

  • Missing: the monthly rent. Enter it to get a cap rate.
  • 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

2604 Solar Dr., Mission, TX 78574 Open in Google Maps (opens in a new tab)

  • B&M International Bridge≈ 75 min approx.
  • Gateway International Bridge≈ 75 min approx.
  • UTRGV Brownsville campus≈ 75 min approx.
  • Veterans International Bridge at Los Tomates≈ 80 min approx.
  • Port of Brownsville≈ 80 min approx.
  • South Padre Island (Queen Isabella Causeway)≈ 95 min approx.
  • SpaceX Starbase launch site, Boca Chica≈ 100 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

Financing for Foreign Buyers

Ricardo is not a lender. Ask him which loan types exist for foreign buyers and which documents lenders usually request.

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/

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$349,999Est. cost $2,760/mo