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$290,000

215 N Mechanic Street, Bellville, TX, 77418

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths1,393 Sq Ft
price_per_sqft$208.18 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Must-SellHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available

Exterior

Lot Size20,647 sqft

Building Information

Year Built1964
Garage Spaces2

Land Information

APN5006
SubdivisionJ Nichols
Land UseResidential
Legal DescriptionA073 J NICHOLS
Census Tract760501
Assessed Land Value$38,110
Assessed Improvement Value$112,584
Assessment Year2025

About this property

Charming Brick Home on close to 1/2 acre within the Bellville City Limits! This well-maintained 2 bedroom, 1 bathroom home offers a rare combination of in-town convenience and generous outdoor space. The spacious lot is shaded by mature pecan trees in the back that will surely be admired from your relaxing sitting area just outside the back door. The home includes a dedicated laundry room and it offers a significant amount of front parking, especially if you have toys; RV, boats, trailers, etc... You'll be located near shopping and dining as this property presents an excellent opportunity for first-time buyers, downsizers, or investors looking to create an income stream as a short or long term rental. Get in here and take a look today!

Investor Tools

$78,225Estimated Mortgage Balance
$230,775Estimated Equity
74% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,854 /month
Positive
Cash Flow Estimate:
$618 /month

Interested in this property?

Kimberly Janosky

1851 Properties, Inc

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$285/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,870
$150,694
2025
$38,110
$112,584
$150,694
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$1,870
$150,694

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The First National Bank Of Bellville
Purchase Money Mortgage
$85,500
No
First
Nov 10, 2021
Nov 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$78,225
$230,775
74%
25%
$513/mo

City: Bellville

215 N Mechanic Street | Property Details | No Agent List