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

Investor sheet · MLS# 29775455 · https://ricosalazar.com/properties/4336-n-minnesota-ave-harlingen-tx-78550-29775455

$212,000

4336 N Minnesota Ave., Harlingen, TX 78550

bd
2
ba
2
ft²
1,034
Est. cap rate 0.3% See the numbers →

MLS# 29775455 · Listed by Bertha De La Rosa, LEGACY REALTY GROUP RGV · Tel. 956-496-2034

  • TypeSingle-family home
  • Year built1987
  • Lot0.06 acres
  • Price / ft²$205
  • HOA / month$108
  • Est. rent$900/mo Est.
  • Gateway International Bridge≈ 40 min approx.

Description

Welcome to this cozy and inviting 2-bedroom, 1.5 -bath home, located in the welcoming 55+community of Sunshine Country Estates. Featuring spacious open floor plan, this home offers seamless living with plenty of natural light and a comfortable flow throughout. The kitchen is perfect for preparing meals with ample counter space. The living and dining areas blend together, creating an ideal space for relaxation and entertaining. The master bedroom offers plenty of space, while the second bedroom features a convenient Murphy bed, making it a versatile space for guests or additional living needs. Fully furnished. Home also has hurricane shutters. Step outside to enjoy the tranquil surroundings of the community, where you'll find amenities such as, community has a dog park, woodworking shop, swimming pool, tennis, pickleball, pool tables, exercise room and golf. The tile floor, roof & hot water tank installed in 2020. Brand new AC units were installed in 2025.

Property details

Type
Single-family home · Single Family Residence
Status
For sale
MLS#
29775455
Price
$212,000
Price per ft²
$205
Bedrooms
2
Bathrooms
2
Living area
1,034 ft²
Lot size
0.06 acres
Year built
1987
Subdivision
Sunshine Country Club Estates
City
Harlingen
County
Cameron
HOA
$108/mo
Days on market
205
Listed
Apr 7, 2026
Last updated
Apr 14, 2026, 9:17 PM CT

Numbers for investors

Price per ft²

$205

Source: MLS listing

Estimated rent

$900/mo

Gross yield 5.1%

Asking rent: median of 19 active rentals, ZIP 78550, 2 bedrooms (not signed leases) · RGV MLS, Oct 28, 2026

Days on market

205

Source: MLS listing

Est. fixed costs per month
$673/mo Est.
Cash to close with 25% down
$59,360 Est.
Est. cap rate
0.3% 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 19 active rentals, ZIP 78550, 2 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
$10,800
Gross yield: rent ÷ price, before costs
5.1%
minus Vacancy (8% of gross rent) Assumption
$864
equals Rent collected
$9,936
minus Property tax Estimate
$4,664
minus Insurance Estimate
$2,120
minus HOA dues, 12 months MLS listing
$1,296
minus Maintenance (5% of rent collected) Assumption
$497
minus Management (8% of rent collected) Assumption
$795
equals Net operating income (NOI)
$564
divided by Price MLS listing
$212,000
equals Cap rate
0.3%

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

4336 N Minnesota Ave., Harlingen, TX 78550 Open in Google Maps (opens in a new tab)

  • Gateway International Bridge≈ 40 min approx.
  • UTRGV Brownsville campus≈ 40 min approx.
  • B&M International Bridge≈ 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

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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$212,000Est. cap rate 0.3%