$252,000
NAL Estimated Property Value506 Walnut Street, Mount Pleasant, TX, 75455
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesDishwasher, Electric Range, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile
Exterior
Exterior FeaturesStorage
Lot Size14,196 sqft
Building Information
Year Built1979
Land Information
APN15798
Lot Number6
SubdivisionWalnut Addition
Land UseResidential
Legal DescriptionWALNUT ADDITION BLK 2 LOT 6 .3259 AC
Census Tract950800
Assessed Land Value$17,745
Assessed Improvement Value$164,101
Assessment Year2025
About this property
506 Walnut St. is a great starter home in a fantastic neighborhood, or it could be a fantastic rental for someone wanting to build their investment portfolio. This home includes 3 bedrooms and 2 bathrooms, two living rooms, and a custom kitchen with eating area. Featuring a huge laundry room, extra closet in the garage conversion for a freezer, and a living room with vaulted ceilings and a wood burning fireplace. Call today for your private showing! Don't miss out!
Investor Tools
$252,000
Estimated Property Value
$130,470Estimated Mortgage Balance
$121,530Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,512 /month
Positive
Cash Flow Estimate:
$504 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$208/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,233
$181,846
2025
$17,745
$164,101
$181,846
No
Tax History
Year
Tax Paid
Assessed Value
2025
$1,233
$181,846
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Lending Corp
Conventional
$144,530
No
First
Apr 27, 2021
May 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$130,470
$121,530
48%
52%
$867/mo
