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$85,000

1523 Ash Ave, Mercedes, TX, 78570

$110,500 ARVInfo
On MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,152 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$73.78 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size23,026 sqft

Building Information

Year Built2001
Stories1
Roof Type112

Land Information

APNC1520-02-000-0041-00
Lot Number41
SubdivisionCapisallo Terrace Ut No. 2 - Smc
Land UseResidential
Legal DescriptionCAPISALLO TERRACE UT NO. 2 LOT 41
Census Tract023105
Assessed Land Value$69,078
Assessed Improvement Value$39,371
Assessment Year2025

About this property

OWNER FINANCE INVESTMENT OPPORTUNITY!!! 3 bedroom 1 bathroom trailer home sitting on a little over half an acre! This home is in need of someone like you ready to turn into a home or a rental property. Just minutes from the Expressway and the Mercedes Outlet mall. Schedule a Showing today!!! Flexible seller!!!

Investor Tools

$13,013Estimated Mortgage Balance
$165,196Estimated Equity
88% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$110,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,068 /month
Positive
Cash Flow Estimate:
$356 /month

Interested in this property?

Lions Gate Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$319/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,934
$108,449
2025
$69,078
$39,371
$108,449
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$2,934
$108,449

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Magic Valley Group Inc
Unknown
$20,000
No
First
Jun 21, 2011
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$13,013
$95,436
88%
7%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,141/mo
N/A
+$1,141/mo
7.7%

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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