Last 24 Hours
$321,000
NAL Estimated Property Value507 Milburn Avenue, Mercury, TX, 76872
Off Market
2 Beds
1 Bath
768 Sq Ft
Mobile Homes
$169.27 / sqft
Built in 2012Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
Bedrooms 2
Bathrooms 1AppliancesElectric Range
FlooringCarpet
Exterior
Lot Size7.35 acres
Building Information
Year Built1940
Land Information
APN24350
Land UseResidential
Legal Description1-16 4MERCURY & 1-16 3MERCURY & 738 283H & TC RR CO 2.59 AC SHOP BUILDING
Census Tract950500
Assessed Land Value$56,600
Assessed Improvement Value$68,050
Assessment Year2025
About this property
Many improvements on this approximate 9 acre tract with a 2BR, 1B single wide home, 40x60 shop with concrete flooring and a good water well servicing the home. This is a great place to have a few livestock or horses and enjoying country living in a small community. The location is great as it is almost half way between Brownwood and Brady.
Investor Tools
$321,000
Estimated Property Value
$0Estimated Mortgage Balance
$321,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,926 /month
Positive
Cash Flow Estimate:
$642 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$293/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,909
$124,650
2025
$56,600
$68,050
$124,650
No
Tax History
Year
Tax Paid
Assessed Value
2025
$1,909
$124,650
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$321,000
100%
0%
$0/mo
12.4%