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$815,978

NAL Estimated Property Value

1518 S MISSOURI AVE., MERCEDES, TX, 78570

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths5,117 Sq Ft
price_per_sqft$76.2 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Water Heater
FlooringHardwood, Tile

Exterior

Private PoolPrivate Pool
Lot Size2.70 acres

Building Information

Year Built1970
Stories1
Roof Type105
Garage Spaces3

Land Information

APNM3550-00-181-0003-00
Lot Number2,3
SubdivisionMercedes Original Townsite
Land UseResidential
Legal DescriptionL. M. FINLEY S80.72' LOT 2 & ALL LOTS 3 & 4 BLK 181
Census Tract022900
Assessed Land Value$400,520
Assessed Improvement Value$623,686
Assessment Year2025

About this property

Beautiful Home on 2.77 acres , with easy access to the expressway, hospitals and shopping areas. This beautiful home features a main homes, pool, cabana, and pool house ( which features a theatre room, kitchen mini bar and full bedroom and bath. The main home has four bedrooms, four full baths two dinning areas, four living areas, an office large laundry room and a three vehicle garage.

Investor Tools

Property Icon
$815,978
Estimated Property Value
$414,589Estimated Mortgage Balance
$401,389Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,896 /month
Positive
Cash Flow Estimate:
$1,632 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$340/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$815,978
2025
$400,520
$623,686
$1,024,206
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$815,978

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hometown Lenders Inc
Va
$372,500
Yes
First
Jun 12, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$414,589
$401,389
49%
51%
$2,775/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,257/mo
$2,775/mo
$-1,518/mo
1.8%

City: MERCEDES

1518 S MISSOURI AVE. | Property Details | No Agent List