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$274,000

103 Mary Grace Street, Mount Vernon, TX, 75487

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,998 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$123.62 / sqft
Year BuiltBuilt in 1945

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Electric Cooktop
FlooringLaminate, Tile

Exterior

Exterior FeaturesLighting, Private Yard
Lot Size11,060 sqft

Building Information

Year Built1945

Land Information

APN00112-00000-00160-000000
SubdivisionDupree Oaks
Land UseResidential
Legal DescriptionAB 493 J TALBOTT 70X158 DUPREE OAKS ADDN
Census Tract950200
Assessed Land Value$10,470
Assessed Improvement Value$230,140
Assessment Year2025

About this property

This precious updated cottage home located in the City of Mt Vernon is move in ready, complete with above ground, crop ready garden. The 1998 sq ft home offers beautifully appointed improvements, with 2 bedrooms, 2 full baths. Can easily use the 3rd bedroom for an extra living (which is what it is currently used as), play area or home office. The home boasts a front porch and a large back porch where you can enjoy many warm cups of coffee in the mornings. Large open living area makes it perfect for entertaining or where family can gather. The master bedroom is the perfect size room with his and her separate closets. The utility room allows for easy access from backyard. To boot there is a freshly painted outdoor shop offering ample space for storage. If you fall in love with the home, you’re in luck because the furnishings are for sale with the exception a small list of items. Make an appointment quickly as this one will not last long!

Investor Tools

Property Icon
$274,000
Estimated Property Value
$0Estimated Mortgage Balance
$34,884Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,644 /month
Positive
Cash Flow Estimate:
$548 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$369/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,061
$240,610
2025
$10,470
$230,140
$240,610
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,061
$240,610

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Unknown
$242,526
No
First
Aug 14, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$239,116
$34,884
12%
87%
$1,510/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Mount Vernon

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103 Mary Grace Street | Property Details | No Agent List