Last 24 Hours
$142,900
505 Red Springs Avenue, Mount Pleasant, TX, 75455
On Market
Just Added
2 Beds
1 Bath
900 Sq Ft
Single Family Residence
$158.78 / sqft
Built in 1999Property Lead Type:
Absentee OwnerHigh EquityMove-In Ready
Highlights
Interior
Bedrooms 2
Bathrooms 1AppliancesDishwasher, Electric Range
FlooringCeramic Tile, Laminate
Exterior
Lot Size7,000 sqft
Building Information
Year Built1999
Land Information
APN100791
Lot Number3
SubdivisionMineral Springs Addition
Land UseResidential
Legal DescriptionMINERAL SPRINGS ADDITION AKA RED SPRINGS BLK 5 LOT 3 .1607 AC
Census Tract950800
Assessed Land Value$6,300
Assessed Improvement Value$108,013
Assessment Year2025
About this property
Move-in ready brick home featuring recent updates throughout, including a new roof, new flooring, fresh interior paint, granite countertops, updated appliances, and modern fixtures. This well-maintained home offers 2 bedrooms and 1 bathroom, along with a dining area that opens to the living room for a comfortable and functional layout. A utility room provides added convenience. This beautifully refreshed home is ready for its next owner.
Investor Tools
$0Estimated Mortgage Balance
$154,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$924 /month
Positive
Cash Flow Estimate:
$308 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$129/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$775
$114,313
2025
$6,300
$108,013
$114,313
No
Tax History
Year
Tax Paid
Assessed Value
2025
$775
$114,313
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$154,000
100%
0%
$0/mo
12.4%