$215,000
NAL Estimated Property Value1965 Royal Palm Dr, MERCEDES, TX, 78570
$227,652 ARV
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesElectric Water Heater
FlooringTile
Exterior
Lot Size7,810 sqft
Building Information
Year Built1997
Stories1
Roof Type105
Land Information
APNL3354-02-001-0017-00
Lot Number17
SubdivisionLas Palmas Del Valle Ut 2 - Smc
Land UseResidential
Legal DescriptionLAS PALMAS DEL VALLE UT 2 LOT 17 BLK 1
Census Tract023105
Assessed Land Value$62,496
Assessed Improvement Value$157,894
Assessment Year2025
About this property
LOCATION, LOCATION, LOCATION! SUBDIVISION NEXT TO THE OUTLETS MALL, QUICK ACCESS TO THE EXPRESSWAY. THIS HOUSE OFFERS 4 BEDROOMS, 2 BATHS, NICE SIZED BACKYARD VERY WELL MAINTAINED. NICE MATURE TREES WITH WELL PUMP FOR IRRIGATION.
Investor Tools
$215,000
Estimated Property Value
$0Estimated Mortgage Balance
$215,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$227,652
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,290 /month
Positive
Cash Flow Estimate:
$430 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$354/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,174
$168,445
2025
$62,496
$157,894
$220,390
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,174
$168,445
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$215,000
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
6.4%
