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
Main property image
Days21Days on Market
Views1view
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$134,900

1309 13th St, MERCEDES, TX, 78570

$154,161 ARVInfo
On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,455 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$92.71 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Water Heater
FlooringTile

Exterior

Lot Size8,124 sqft

Building Information

Year Built2008
Stories1
Roof Type105
Garage Spaces2

Land Information

APNV0850-00-000-0053-00
Lot Number53
SubdivisionValle Verde - Smc
Land UseResidential
Legal DescriptionVALLE VERDE LOT 53
Census Tract023000
Assessed Land Value$69,063
Assessed Improvement Value$135,304
Assessment Year2025

About this property

Welcome to this 3-bedroom, 2.5-bathroom single-story stucco property in Mercedes, TX. Built on a solid concrete slab foundation, this property features central heat and air, a 2-car attached garage, and a roof replaced just a year ago. Inside, enjoy low-maintenance ceramic tile flooring throughout. The kitchen boasts quartz countertops, a stainless steel refrigerator, and a stove. The primary bathroom features quartz countertops, while the other two bathrooms are finished with durable granite. Complete with an updated water heater, this property provides functional living.

Investor Tools

Property Icon
$217,000
Estimated Property Value
$73,600Estimated Mortgage Balance
$155,228Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$154,160
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,302 /month
Positive
Cash Flow Estimate:
$434 /month

Interested in this property?

Joe Dale Iley

Mission Real Estate Group

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$358/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,216
$181,073
2025
$69,063
$135,304
$204,367
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,216
$181,073

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$73,600
No
First
Jul 20, 2018
Aug 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$61,772
$155,228
71%
28%
$442/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,141/mo
$442/mo
+$699/mo
6.3%

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: MERCEDES

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...