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$185,000

1403 12TH ST. Lot # 36, MERCEDES, TX, 78570

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,310 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$141.22 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

High EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Water Heater
FlooringCarpet, Tile

Exterior

Lot Size8,124 sqft

Building Information

Year Built2003
Stories1
Roof Type105
Garage Spaces1

Land Information

APNV0850-00-000-0036-00
Lot Number36
SubdivisionValle Verde - Smc
Land UseResidential
Legal DescriptionVALLE VERDE LOT 36
Census Tract023000
Assessed Land Value$69,063
Assessed Improvement Value$92,938
Assessment Year2025

About this property

Welcome to this charming Three bedroom Two Bath single-story Ranch brick-style home, nestled in a quiet, established neighborhood in Mercedes, Texas! Sitting on a generous 8,125 sq. ft. lot, this property features a flexible bonus room- ideal for a home office, gym, or hobby space. Step outside to a relaxing screened-in back patio and enjoy your morning coffee overlooking a spacious yard with endless potential for family entertaining or a future pool. This property includes a massive 12' X 20' foot outbuilding for extra storage or workshop space. Don't miss out on this wonderful versatile home!

Investor Tools

Property Icon
$182,000
Estimated Property Value
$0Estimated Mortgage Balance
$182,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,110 /month
Positive
Cash Flow Estimate:
$370 /month

Interested in this property?

ANTONIO CASAS JR.

KELLER WILLIAMS LRGV

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$209/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,594
$132,623
2025
$69,063
$92,938
$162,001
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,594
$132,623

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$182,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,141/mo
N/A
+$1,141/mo
7.5%

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: MERCEDES

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1403 12TH ST. Lot # 36 | Property Details | No Agent List