1809 Fair Oaks Dr

Mission, Texas, 78574

Redeemable DeedcancelledSells Aug 4, 2026 · 65 days ago

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Beds: 4
Baths: 3
SqFt: 2,461
Lot Size: 9,836
Year Built: 2002
APN: T0941-07-000-0011-00

Property Type: Sfr
Distressed: No
Vacant: No
Owner Type: Individual
Owner Status: Owner Occupied
Length of Ownership: 18 Years 1 Month
Purchase Method: Financed
County: Hidalgo

Value

Estimated Value: $369,000
County Market Value: $272,755; 2024
Assessed Value: $272,755; 2025

Mortgage & Debt

Open Mortgages: 0
Estimated Balance: $0
Lien Flags: None recorded; RealEstateAPI flags · not a lien search
Tax Delinquent Since: 2021

Last Sale

Document Type: Vendors Lien

Opportunity

Opening Bid: $32,392
Bid / Value: 9%; of $369,000
Property Tax 2024: $6,525; annual bill · not the amount owed
Equity (est.): $369,000; 100%
Monthly Rent: $1,257; Suggested rent
Gross Yield: 4.09%
Linked Properties: 2

Opening bid

$32,392

Assessed value

$272,755

Land $48,698Improvement $224,057

Market / AVM

$369,000

Property tax 2024

$6,525

Annual bill — the sale list gives no amount owed

Case number T-0591-23-B

Property facts enriched via realestateapi · 8/25/2026

Ownership Information

Owner 1 Name: Reynaldo Villarreal
Mailing Address: 1809 Fair Oaks Dr, Mission, TX 78574
Owner Type: Individual
Corporate Owned: No

Property Characteristics

Bedrooms: 4
Total Bathrooms

Deal analysis

Recorded	Amount	Type	Lender	Term	Maturity	Doc #	Open
07/08/2009	$109,000	Unknown	Nationstar Mortgage Llc	180	07/01/2024	2009-2014558	No

Sale Date	Recorded	Amount	Document	Doc #	Arm's Length	Method	Buyer	Seller
07/15/2008	07/21/2008		Vendors Lien	2008-1911842	Yes	Financed	Reynaldo Villarreal	Us Bank Na, Home Equity Loan Trust 2004-He7
06/05/2007	06/08/2007	$168,300	Trustees Deed	1768432	Yes	Cash Purchase	U S Bank Na, Home Equity Loan Trust 2004-He7	Maria Elma Calvillo, New Century Mortgage Corp

Your maximum bid

$221,106

Walk away above this. Projected profit at the ceiling: $110,700 (30% of ARV).

Opening bid $32,392

Room to bid $188,714

Confidence: medium — ARV from a provider market estimate, not comps.

History-guided suggestion

$99,033

Under max by $122,073

≤ oracle maxBid

Co-pilot target using recorded auction history. Never above your maximum bid.

History sample

—

Median sold

—

p(redeem) prior

—

No historical bucket for TX|Redeemable Deed; suggestion uses oracle only.

Your assumptions

After-repair value (ARV)

Override the derived estimate with real comps

Rehab budget

You cannot inspect before bidding — budget for the worst plausible condition

Known surviving liens

Municipal code enforcement, special assessments, federal tax liens

Target margin — 30%

Required profit as a share of ARV. 30% is a common floor for tax-sale flips.

How that number is built

Provider market estimate of $369,000. This is an as-is valuation, not an after-repair one — enter your own comparable-sales figure if the property needs work.

After-repair value: $369,000
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$29,520
Rehabassumed No rehab budget entered — assumed $0. Tax-sale parcels are sold unseen and un-inspected; this is rarely correct.: −$0
Quiet title (required)assumed Midpoint of the typical TX range ($1,800–$5,000, ~5 months).: −$3,400
Deed recording and transferassumed Typical TX recording and deed issuance cost.: −$400
Holding costs (7 months)assumed Taxes, insurance, and securing the property at ~$554/month.: −$3,875
Surviving liensassumed Assumed $0 — not verified. Municipal code-enforcement liens, special assessments, and federal tax liens can survive the sale.: −$0
Target profit (30% of ARV): −$110,700
Maximum bid: $221,106

If the owner redeems

Flat penalty

25%

You'd receive

$55,276

Window

730 days

A 25% flat penalty applies if the owner redeems. It is a penalty, not annual interest — the rate does not change with how early they redeem.

homestead and agricultural-use property (2 years); all other property is 180 days

Quoted elsewhere as 51% annualised — true only if they redeem on the last possible day and you immediately redeploy the capital. Treat the flat penalty as the real number.

Before you bid

Rehab is assumed to be $0. You cannot inspect these properties before bidding — budget for the worst plausible condition.
Surviving liens assumed $0. The 180-day vs 2-year window turns on the property's use at the time of sale, which the sale list does not state — treat any homestead-looking residential parcel as potentially 2-year.

1809 Fair Oaks Dr

Value

Mortgage & Debt

Last Sale

Opportunity

Ownership Information

Property Characteristics

1809 Fair Oaks Dr

Value

Mortgage & Debt

Last Sale

Opportunity

Ownership Information

Property Characteristics

Building Size

Land/Location Information

Legal Description

Tax Assessment Information

Last Arm's Length Sale Information

Recording Information

Buyer/Seller Information

Distress Flags

Area

Fair Market Rents

Tax Assessment Information

Mortgage History

Sale History

County records

Hidalgo County rules

Historical comps

Verify before you bid