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$355,000

NAL Estimated Property Value

3864 S Texas State Highway 37, Mt Vernon, TX, 75457

$461,500 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,855 Sq Ft
price_per_sqft$165.5 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesElectric Range, Dishwasher
FlooringCarpet, Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size3.00 acres

Building Information

Year Built1995
Garage Spaces2

Land Information

APN00964-00000-00012-000000
Land UseResidential
Legal DescriptionAB 525 J R WALDROP
Census Tract950101
Assessed Land Value$54,020
Assessed Improvement Value$204,350
Assessment Year2025

About this property

Looking for a little breathing space conveniently located near the local amenities and schools, but still out of the hustle & bustle? Look no further because this charming brick home offers both on a 3-acre lot just 4 or 5 miles south of I-30 in Mt Vernon. It is a solid house in a great location and with a little TLC will be a great home for its new owner. The open floor plan connects the family room, dining area and kitchen, making it ideal for both everyday living and gathering with family and friends, and the split master bedroom ensuite is also a real plus! The kitchen and utility room provide plenty of storage and offer convenient functionality, and a two-car carport in addition to the two-car garage! The best part... in the morning or at the end of the day, relax and take in the peacefulness of the spacious backyard and open view of the pasture across the fence in the back. Come see this beautiful place and take advantage of the opportunity!

Investor Tools

Property Icon
$355,000
Estimated Property Value
$0Estimated Mortgage Balance
$355,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$461,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,130 /month
Positive
Cash Flow Estimate:
$710 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$424/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,317
$258,370
2025
$54,020
$204,350
$258,370
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,317
$258,370

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$355,000
100%
0%
$0/mo

City: Mt Vernon

3864 S Texas State Highway 37 | Property Details | No Agent List