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$240,500

120 JESSICA ST., MERCEDES, TX, 78570

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,600 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$150.31 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Washer
FlooringTile

Exterior

Lot Size7,758 sqft

Building Information

Year Built2021
Stories1
Roof Type105
Garage Spaces2

Land Information

APNM4023-02-000-0146-00
Lot Number146
SubdivisionMid-Valley Meadows Ph 2 - Smc
Land UseResidential
Legal DescriptionMID-VALLEY MEADOWS PH 2 LOT 146
Census Tract023105
Assessed Land Value$62,064
Assessed Improvement Value$157,673
Assessment Year2025

About this property

Welcome to 120 Jessica Street! This beautifully maintained 3-bedroom, 2-bath home offers comfort, convenience, and quality upgrades! The open-concept layout welcomes you into a spacious living area and chef-inspired kitchen featuring granite countertops, a walk-in pantry, and an induction cooktop with a built-in air fryer oven. The private primary suite offers dual granite vanities, a walk-in closet, and plenty of space to unwind. Enjoy plantation shutters throughout, a covered concrete patio, and a screened back porch perfect for relaxing or entertaining. The fully fenced backyard includes two workshops, one with tile floors, heating, A/C, and a porch swing, while the second provides extra storage. Complete with an automated sprinkler system, screened 2-car garage, and side yard gates, this move-in ready home is a must-see! Conveniently located near shopping, dining, schools, and quick expressway access. Check it out today! Schedule your showings!

Investor Tools

Property Icon
$237,000
Estimated Property Value
$0Estimated Mortgage Balance
$67,792Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,443 /month
Positive
Cash Flow Estimate:
$481 /month

Interested in this property?

RYAN DE LA ROSA

LEGACY REALTY GROUP RGV

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$99/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$219,737
2025
$62,064
$157,673
$219,737
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$219,737

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$186,000
Yes
First
Nov 10, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$169,208
$67,792
28%
71%
$1,116/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,141/mo
$1,116/mo
+$25/mo
5.8%

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: MERCEDES

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120 JESSICA ST. | Property Details | No Agent List