Last 24 Hours
$1,022
NAL Estimated Property Value4605 E Mile 12 1/2 N, Mercedes, TX, 78570
Off Market
Highlights
Interior
Bedrooms —
Bathrooms —Exterior
Lot Size2.69 acres
Land Information
APNL1655-02-000-0004-00
Lot Number4
SubdivisionLa Paloma Estates Ut 2
Land UseReal Property: Qualified Open-Space Land
Legal DescriptionLA PALOMA ESTATES UT 2 LOT 4
Census Tract024501
Assessed Land Value$1,022
Assessment Year2025
About this property
Don't miss out on this fantastic opportunity to own 2.68 acres of land in Mercedes, Texas. Great location making it easily accessible and close to various businesses. With its prime location and ample space, this property is a rare find in the area. Don't wait, seize this chance to invest in your future today!
Investor Tools
$1,022
Estimated Property Value
$40,736Estimated Mortgage Balance
$1,022Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$990 /month
Positive
Cash Flow Estimate:
$330 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$20
$1,022
2025
$1,022
N/A
$117,176
No
Tax History
Year
Tax Paid
Assessed Value
2024
$20
$1,022
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
South Shore Development Inc
Unknown
$49,000
No
First
Jan 4, 2018
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$40,736
N/A
0%
3986%
$294/mo
12.4%