McAllen, TX Homes for Sale & Real Estate | Coldwell Banker

 

Find Real Estate in McAllen, Texas. Search Homes for Sale that you're looking for on www.Homeforsalemcallen.com.  Find Real Estate Houses in McAllen, Texas.

 

Home For Sale 2809 Santa Laura Mission, TX 78572

 

BEDROOMS: 6

BATHS: 6

1/2 BATHS: 1

YEAR BUILT: 2003

EST SQFT: 5351

# STORIES: 2

AREA: Mission

SUBDIVISION: Los Milagros

COUNTY: Hidalgo

SCHOOL DISTRICT: Sharyland

ELEMENTARY SCHOOL: Hinojosa

MIDDLE SCHOOL: B.L. Gray Jr. High

HIGH SCHOOL: Sharyland H.S.

 

 

Located in the gated subdivision of Los Milagros at end of cul-de-sac almost 1 acre lot, Formal living and dining rooms, kitchen with granite countertops and a center island, separate office, Hardwood floors and tile, Maid’s Quarters and Master Bedroom located downstairs with 4 Bedrooms and Family room upstairs, Pool House with covered patio and 2 full separate baths, in Sharyland ISD!

 

 

 

List Price: $629,000

 

 

 

Visit our Website: www.mcallenhomeforsale.com

 

 

 

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Equity Dynamics

 

Equity is the difference in what your home is worth and what you owe. Ideally, as the value goes up and the unpaid balance goes down with each amortized payment made, the equity grows from two directions.

This dynamic leads to increasing a person’s net worth much faster than many other investments.

A homeowner has minimal control over value. It is necessary to maintain the property to avoid depreciation and make good decisions on capital improvements. After that, appreciation is generally controlled by supply and demand and the economy.

Mortgage management is something that the homeowner does have control. Making the decision to select a shorter term mortgage at a lower interest rate can have an impact on equity build-up. Lower interest rates amortize faster than higher interest rates which will also affect equity growth. Currently, it is possible to get a 1% lower rate on a 15 year mortgage than a 30 year mortgage.

Compare two alternatives of a 30-year and a 15-year mortgage. The payments will definitely be higher on the shorter term because it pays off quicker. However, if a person can afford the higher payments of $362.53 more per month in this example, the equity will be greater. Even after you take into consideration the higher payments, the increased equity is $17,236 at the end of the seven year holding period.

Another decision that can affect equity build-up is making additional principal contributions along with the regular payments. Whether you’re making an occasional lump sum payment toward principal or regular monthly contributions, it will save interest, build equity and shorten the term on a fixed rate mortgage. Estimate your personal savings with this Equity Accelerator.

 

Visit our Website: www.Mcallenhomeforsale.com

Mcallen Real Estate & Mcallen Homes for Sale – Coldwell Banker of Texas

 

 

Coldwell Banker of Texas helps you find homes for sale in Mcallen.  Search Mcallen, TX real estate, recently sold properties, foreclosures, new homes, school information

 

REDUCED Home For Sale 3315 Water Oak Drive Edinburg, TX 78542

 

BEDROOMS: 3

BATHS: 2

1/2 BATHS: 0

YEAR BUILT: 2005

EST SQFT: 1713

# STORIES: 1

AREA: Edinburg

SUBDIVISION: Oakland Village

COUNTY: Hidalgo

SCHOOL DISTRICT: Edinburg

ELEMENTARY SCHOOL: Escandon

MIDDLE SCHOOL: Barrientes

HIGH SCHOOL: Economedes H.S.

 

Beautiful 3 Bedroom, 2 Bath, 2 Car Garage Brick Home in Edinburg, Open concept and high vaulted ceiling with indirect lighting, Granite countertops, tile floors and carpet in bedrooms,

 

REDUCED Price: $145,000

 

Visit our Website: www.mcallenhomeforsale.com

 

 

 

This site features McAllen Texas Real Estate and Rgv properties, Real estate mcallen tx, Mcallen tx commercial for sale, Mcallen texas real estate, Commercial rio grande valley, Mcallen commercial real estate, Land mcallen, Commercial real estate, Lease commercial mcallen, Mcallen texas commercial, Properties commercial mcallen, Property commercial mcallen, Commercial Retail mcallen and homes for sale, rio grande valley, homes, sharyland, edinburg, mission, commercial real estate, buy sell, houses, land, sale, dream home, lease, industrial real estate for sale in McAllen, Mission, Weslaco and neighboring communities.