Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$109,000

NAL Estimated Property Value

194 Fernando St, MERCEDES, TX, 78570

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths952 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$27.84 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

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

Exterior

Lot Size3,798 sqft

Building Information

Year Built2018
Stories1
Roof Type105

Land Information

APNL5100-02-006-0014-00
Lot Number14
SubdivisionLlano Grande Lake Ut 2 - Swl
Land UseResidential
Legal DescriptionLLANO GRANDE LAKE UT 2 BLK 6 LOT 14
Census Tract022900
Assessed Land Value$23,180
Assessed Improvement Value$54,974
Assessment Year2025

About this property

2 bedroom, 2 bathrooms, 1 carport, located in a gated 55+ community next to Llano Grande golf course. *PROPERTY SOLD "AS-IS". SELLER WILL NOT MAKE REPAIRS, GIVE CREDITS OR PRICE REDUCTIONS* Utilities will not be turned on. Use Showing Manager to schedule all showings. ALL offers must be submitted by the buyer's agent using the online offer management system. (DO NOT SUBMIT OFFERS TO LISTING AGENT) A management fee of $180.00 will apply to the buyer's agent upon consummation of a sale. If the buyer is an Agent, NO commission will be paid. Access the system via the following link: www.PropOffers.com. PROPERTY MUST BE ON THE MARKET FOR 7 DAYS BEFORE SELLER WILL REVIEW ANY OFFERS.

Investor Tools

Property Icon
$109,000
Estimated Property Value
$0Estimated Mortgage Balance
$109,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$654 /month
Positive
Cash Flow Estimate:
$218 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$192/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,757
$78,154
2025
$23,180
$54,974
$78,154
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,757
$78,154

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$109,000
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
12.6%

City: MERCEDES

194 Fernando St | Property Details | No Agent List