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$151,000

NAL Estimated Property Value

127 N Colorado Ave, MERCEDES, TX, 78570

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,056 Sq Ft
price_per_sqft$137.31 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesDryer, Washer, Electric Water Heater
FlooringTile

Exterior

Lot Size7,501 sqft

Building Information

Year Built1983
Stories1
Roof Type105
Garage Spaces1

Land Information

APNM3550-00-069-0021-00
Lot Number21
SubdivisionMercedes Original Townsite
Land UseResidential
Legal DescriptionMERCEDES ORIGINAL TOWNSITE LOT 21 BLK 69
Census Tract022900
Assessed Land Value$45,000
Assessed Improvement Value$50,818
Assessment Year2025

About this property

Welcome to your new home in the heart of Mercedes, TX! This charming 3-bedroom, 2-bath residence offers comfort, convenience, and bonus features you'll love. Enjoy spacious living areas, a fully equipped kitchen, and a dedicated mancave—perfect for relaxing or entertaining. The home includes appliances, a full-house water softener, and an additional drinking water filtration system, providing clean, quality water throughout. Located in a friendly neighborhood with easy access to local shops, schools, and highways. Don't miss your chance to own this well-maintained gem!

Investor Tools

Property Icon
$151,000
Estimated Property Value
$140,291Estimated Mortgage Balance
$10,709Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$906 /month
Positive
Cash Flow Estimate:
$302 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$232/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,034
$86,848
2025
$45,000
$50,818
$95,818
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,034
$86,848

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Financial Resources Inc
Fha
$142,373
Yes
First
Jun 26, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$140,291
$10,709
7%
93%
$854/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$877/mo
$854/mo
+$23/mo
7.0%

City: MERCEDES

127 N Colorado Ave | Property Details | No Agent List