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$892,000

NAL Estimated Property Value

1031 Mercer Ave, Argyle, TX, 76226

Off MarketInfo
LeaseInfo
Beds4 Beds
Baths4 Bath
Baths3,929 Sq Ft
price_per_sqft$1.2 / sqft
Year BuiltBuilt in 2019

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Convection Oven, Double Oven, Tankless Water Heater, Wine Cooler
FlooringCarpet, Wood

Exterior

Private PoolPrivate Pool
Lot Size18,513 sqft

Building Information

Year Built2018
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR693050
Lot Number27
SubdivisionReata Addition
Land UseResidential
Legal DescriptionREATA ADDITION BLK 11A LOT 27
Census Tract021755
Assessed Land Value$240,412
Assessed Improvement Value$647,473
Assessment Year2025

About this property

Introducing a stunning luxury home nestled in the charming community of Lantana. This exquisite residence boasts breathtaking architectural details and an abundance of upscale features. The grand entrance welcomes you with soaring ceilings, creating an immediate sense of opulence and spaciousness. With plenty of flex space throughout, the home effortlessly adapts to your ever-changing needs, offering endless possibilities for use. The gourmet kitchen, both beautiful and practical, is a culinary enthusiast's dream. Retreat to the luxurious master suite, featuring a lavish en-suite bathroom. Stepping outside, the expansive backyard beckons with its sprawling green spaces, perfect for recreational activities. Impeccably landscaped, the outdoor area provides a serene retreat to unwind. This remarkable luxury home offers an unparalleled living experience, blending comfort, elegance, and the joys of indoor-outdoor living into one captivating package.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,768/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16,756
$887,885
2025
$240,412
$647,473
$887,885
No

Tax History

Year
Tax Paid
Assessed Value
2024
$16,756
$887,885

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gsf Mortgage Corp
Conventional
$468,500
No
First
Aug 12, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$426,203
$465,797
52%
48%
$2,809/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,860/mo
$2,809/mo
+$1,051/mo
5.2%

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.

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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: Argyle

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