$32,000
NAL Estimated Property Value322 PALM AVE., MERCEDES, TX, 78570
$41,600 ARV
Off Market
Property Lead Type:
Absentee OwnerHigh EquityVacant HomesMove-In Ready
Highlights
Interior
AppliancesElectric Water Heater
FlooringTile
Exterior
Lot Size3,999 sqft
Land Information
APNE2600-00-00E-0009-00
Lot Number9
SubdivisionEbony Park & South Ebony Park - Smc
Land UseVacant Land
Legal DescriptionEBONY PARK LOT 9 BLK E
Census Tract022900
Assessed Land Value$32,000
Assessment Year2025
About this property
Welcome to this New construction home featuring 3 bedrooms and 2 full baths. Designed in a modern farmhouse style, it offers wood beam accents, a cozy electric fireplace, and an inviting open-concept layout ideal for first time homeowners or anyone seeking a fresh start. Step outside to enjoy a private backyard enclosed with a wood privacy fence, perfect for relaxing or entertaining. Conveniently located just minutes from Expressway 83, this home offers easy access to shopping, dining, and schools. A perfect blend of style, comfort, and convenience.
Investor Tools
$32,000
Estimated Property Value
$194,548Estimated Mortgage Balance
$32,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$41,600
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,194 /month
Positive
Cash Flow Estimate:
$398 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$74/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$725
$32,000
2025
$32,000
N/A
$32,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$725
$32,000
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lower Llc
Fha
$195,395
Yes
First
Jan 28, 2026
Feb 2056
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$194,548
N/A
0%
608%
$1,172/mo
