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$280,557

NAL Estimated Property Value

2421 Mercedes Rd, Denton, TX, 76205

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,058 Sq Ft
price_per_sqft$145.77 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListAbsentee OwnerVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Gas Cooktop
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size9,814 sqft

Building Information

Year Built1977
Stories2
Roof Type127
Garage Spaces4

Land Information

APNR24662
Lot Number14
SubdivisionTaylor Park Addn
Land UseResidential
Legal DescriptionTAYLOR PARK ADDN BLK 8 LOT 14
Census Tract020800
Assessed Land Value$63,658
Assessed Improvement Value$216,899
Assessment Year2025

About this property

Absolute gem hidden in Taylor Park Addition across the street from Denia Park and Rec Center. 2 story 3-bedroom brick home with recent updates inside and out. New paint interior and exterior, new flooring, electrical system replaced, new HVAC, new water heater and too many other updates to mention. Sits on large heavily treed corner lot and includes a large bonus building with lots of possibilities, small storage building, storm shelter and fenced backyard. Inside features huge living area, office or formal dining room, new appliances, fireplace, multiple large walk-in closets upstairs and large utility room. Just a quick minute drive to I-35 and Ft Worth Dr.

Investor Tools

Property Icon
$280,557
Estimated Property Value
$250,541Estimated Mortgage Balance
$30,016Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,800 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$484/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,410
$280,557
2025
$63,658
$216,899
$280,557
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,410
$280,557

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pilgrim Mortgage Llc
Conventional
$252,000
No
First
Jan 6, 2026
Feb 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$250,541
$30,016
10%
89%
$1,511/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,511/mo
+$461/mo
8.4%

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.

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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: Denton

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2421 Mercedes Rd | Property Details | No Agent List