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$215,000

NAL Estimated Property Value

1965 Royal Palm Dr, MERCEDES, TX, 78570

$227,652 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,522 Sq Ft
price_per_sqft$74.18 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
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

Property Icon
$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

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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%

City: MERCEDES

1965 Royal Palm Dr | Property Details | No Agent List