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B+
NoAgentList RatingHow are grades calculated? Info
Days45Days on Market
Views1view
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$99,999

$104,999

1434 S Colorado Ave, Mercedes, TX, 78570

$109,351 ARVInfo
On MarketInfo
Price DropInfo
Beds2 Beds
Baths1 Bath
Baths1,028 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$97.28 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
FlooringLaminate

Exterior

Lot Size7,501 sqft

Building Information

Year Built1960
Stories1
Roof Type112
Garage Spaces1

Land Information

APNM3550-00-168-0018-00
Lot Number18
SubdivisionMercedes Original Townsite
Land UseResidential
Legal DescriptionJ.F. MOORE ADDITION LOT 18
Census Tract022900
Assessed Land Value$45,000
Assessed Improvement Value$50,422
Assessment Year2025

About this property

Charming and affordable home in the heart of Mercedes! This cozy 2-bedroom, 1-bath residence offers approximately 1,028 square feet of living space and sits on a spacious 7,501-square-foot lot. Built in 1960, the home features a functional layout, a metal roof, and plenty of potential for homeowners or investors alike. Step inside to find a comfortable living area, generously sized bedrooms, and a practical floor plan designed for everyday living. The large yard provides ample space for outdoor entertaining, gardening, future improvements, or additional storage. Conveniently located near schools, shopping, restaurants, and major roadways, this property offers both convenience and value. Whether you're looking for a starter home, rental property, or investment opportunity, this home presents an excellent chance to own real estate in the growing Mercedes area. Property Features: * 2 Bedrooms * 1 Bathroom * Approx. 1,028 Sq. Ft. * 7,501 Sq. Ft. Lot * Metal Roof * Spacious Yard * Convenient Location * Great Investment or First-Time Homebuyer Opportunity Don't miss your chance to own this affordable South Texas property.

Investor Tools

Property Icon
$102,000
Estimated Property Value
$0Estimated Mortgage Balance
$102,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$109,350
Rent-to-Value Ratio: 0.72%
Rent Estimate
$612 /month
Positive
Cash Flow Estimate:
$204 /month

Interested in this property?

Jared English

Congress Realty, Inc

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$88/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$546
$55,801
2025
$45,000
$50,422
$95,422
No

Tax History

Year
Tax Paid
Assessed Value
2024
$546
$55,801

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$93,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$877/mo
N/A
+$877/mo
10.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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