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$158,988

1400 Morales Dr, MISSION, TX, 78573

Off MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size39,749 sqft

Land Information

APNL6305-00-000-0006-00
Lot Number6
SubdivisionLos Nogales - Sms
Land UseVacant Land
Legal DescriptionLOS NOGALES LOT 6
Census Tract024116
Assessed Land Value$158,988
Assessment Year2025

About this property

Discover the perfect canvas for your dream home on this expansive residential lot in Mission, Texas. Tucked away in a peaceful, well-established neighborhood, this nearly one-acre property offers the ideal blend of privacy and community charm. With ample space for a custom-built home, outdoor living areas, a lush garden, or even a private pool, the possibilities are endless. Enjoy the serenity of suburban living while still being conveniently close to schools, shopping, and dining. Don't miss this rare opportunity

Investor Tools

Property Icon
$158,988
Estimated Property Value
$24,750Estimated Mortgage Balance
$156,158Estimated Equity
84% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,380 /month
Positive
Cash Flow Estimate:
$460 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$333/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,198
$158,988
2025
$158,988
N/A
$158,988
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,198
$158,988

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nationsbank Of Texas Na
N/A
$24,750
N/A
First
May 1, 1998
May 2013

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$2,830
$156,158
98%
2%
$0/mo

Learn About the Market: Opportunity in Texas

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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.

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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: MISSION

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1400 Morales Dr | Property Details | No Agent List