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$120,934

NAL Estimated Property Value

1201 N Baseline Rd, MERCEDES, TX, 78570

$157,214 ARVInfo
Off MarketInfo
CommercialInfo
Beds1 Beds
Baths2 Bath
Baths2,304 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$164.93 / sqft
Year BuiltBuilt in 1960

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Water Heater
FlooringConcrete, Tile

Exterior

Lot Size3.95 acres

Building Information

Year Built1975
Roof Type105

Land Information

APNC1400-00-080-0008-03
Lot Number8
SubdivisionCapisallo District - Smc
Land UseCommercial
Legal DescriptionCAPISALLO 5.19AC AN IRR TR N795'-E887 EXC NE 0.50AC H/S LOT 8 BLK 80 4.68AC GR 3.95AC NET
Census Tract023104
Assessed Land Value$81,481
Assessed Improvement Value$39,453
Assessment Year2025

About this property

Investors take a look! This entire parcel of land consists of 5.19 acres with plenty of land for future expansion/development opportunities! The two ongoing businesses operate as a salon and a tire shop/carwash. Watermill is currently leasing their services making it a total of three revenues. That's not all, the house located westside of the property, being sold AS IS, may serve as great headquarters OR an additional rental opportunity. This property is located near the Rio Grande Valley Live Stock Show Grounds, Mercedes RGV Premium Outlets Shopping Centers and next to a new development. Schedule your showing today and come take a look at this one! PRICE REDUCED, PRICED TO SELL!!!

Investor Tools

Property Icon
$120,934
Estimated Property Value
$0Estimated Mortgage Balance
$120,934Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$157,214
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,280 /month
Positive
Cash Flow Estimate:
$760 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$348/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,574
$120,934
2025
$81,481
$39,453
$120,934
Yes (2021)

Tax History

Year
Tax Paid
Assessed Value
2024
$3,574
$120,934

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$120,934
100%
0%
$0/mo

City: MERCEDES