Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours

$267,000

NAL Estimated Property Value

1228 Mercedes St, Benbrook, TX, 76126

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,242 Sq Ft
price_per_sqft$216.59 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Ice Maker, Refrigerator, Vented Exhaust Fan, Washer

Exterior

Lot Size8,878 sqft

Building Information

Year Built1983
Stories1
Garage Spaces2

Land Information

APN42170-28-4
Lot Number4
SubdivisionTimber Creek Addition
Land UseResidential
Legal DescriptionTIMBER CREEK ADDITION BLOCK 28 LOT 4
Census Tract110905
Assessed Land Value$40,780
Assessed Improvement Value$201,769
Assessment Year2025

About this property

Welcome to this charming three-bedroom, two-bath home nestled in the picturesque city of Benbrook, Texas. Immaculately maintained by a single owner for over 16 years, this residence exudes warmth and comfort from the moment you step inside. Recently upgraded with new plush carpeting in the bedrooms, this house offers a cozy retreat for relaxation and rest. The exterior of the property boasts a well-kept yard and an inviting curb appeal, setting the tone for pleasant evenings spent outdoors. Conveniently located in a family-friendly neighborhood, this home offers the ideal combination of tranquility and accessibility to nearby amenities. Don't miss the opportunity to make this beautiful Benbrook residence your new home sweet home.

Investor Tools

Property Icon
$267,000
Estimated Property Value
$71,238Estimated Mortgage Balance
$195,762Estimated Equity
73% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,614 /month
Positive
Cash Flow Estimate:
$538 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$387/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,304
$242,549
2025
$40,780
$201,769
$242,549
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,304
$242,549

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank Na
Conventional
$75,000
No
First
Aug 23, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$71,238
$195,762
73%
27%
$450/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
$450/mo
+$1,630/mo
9.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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: Benbrook

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

1228 Mercedes St | Property Details | No Agent List