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$373,000

1340 County Road Nw 1018, Mount Vernon, TX, 75457

$484,900 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,800 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$172.22 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher

Exterior

Lot Size2 acres

Building Information

Year Built1990

Land Information

APN00723-00000-00022-000000
Land UseResidential
Legal DescriptionAB 397 P RHOADES
Census Tract950102
Assessed Land Value$50,000
Assessed Improvement Value$251,930
Assessment Year2025

About this property

Discover your tranquil retreat in this beautifully remodeled 3-bedroom, 2-bathroom brick home nestled on 2 peaceful acres. Boasting approximately 1800 square feet of thoughtfully designed living space, this traditional ranch style house offers the perfect blend of comfort and style. Enjoy the open-concept layout, featuring a spacious kitchen with ample counter space. The living area is bathed in natural light, creating a warm and inviting atmosphere. Retreat to the master suite, complete with a private en-suite bathroom. The additional bedrooms provide plenty of space for family and guests. Step outside to your private outdoor oasis, perfect for entertaining or simply relaxing in nature. Don't miss this opportunity to make this stunning brick home with a metal roof your own!

Investor Tools

Property Icon
$373,000
Estimated Property Value
$294,566Estimated Mortgage Balance
$85,397Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$484,900
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,238 /month
Positive
Cash Flow Estimate:
$746 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$478/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,876
$301,930
2025
$50,000
$251,930
$301,930
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,876
$301,930

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Fha
$294,566
Yes
First
Jan 10, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$287,603
$85,397
22%
77%
$1,767/mo

Learn About the Market: Opportunity in Texas

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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: Mount Vernon

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1340 County Road Nw 1018 | Property Details | No Agent List