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$155,000

1309 S Missouri Ave, Mercedes, TX, 78570

On MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,033 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$150.05 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Absentee OwnerVacant Homes

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size8,002 sqft

Building Information

Year Built1972
Stories1
Roof Type105

Land Information

APNM3550-00-156-0009-00
Lot Number9
SubdivisionMercedes Original Townsite
Land UseResidential
Legal DescriptionMERCEDES ORIGINAL TOWNSITE LOT 9 BLK 156
Census Tract023000
Assessed Land Value$48,000
Assessed Improvement Value$117,119
Assessment Year2025

About this property

Discover the charm of this beautifully restored Pueblo-style home! Featuring 2 bedrooms, 1 bath, an open-concept layout, new kitchen cabinets, pantry, and tankless water heater. Unique architectural details include rounded walls, rustic wood beams, wooden doors, and clay-tile awnings. Perfect as a starter home or potential Airbnb investment! Conveniently located minutes from the expressway and major shopping centers.Seller financing available! Schedule your showing today!

Investor Tools

$101,198Estimated Mortgage Balance
$64,846Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$991 /month
Positive
Cash Flow Estimate:
$330 /month

Interested in this property?

Karina Espinoza

Fox Real Estate Pros

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$403/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,014
$165,119
2025
$48,000
$117,119
$165,119
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,014
$165,119

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Mortgage Lending Llc
Conventional
$102,700
No
First
Jun 30, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$101,198
$63,921
38%
61%
$616/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$877/mo
$616/mo
+$261/mo
6.4%

City: Mercedes

1309 S Missouri Ave | Property Details | No Agent List