$348,000
NAL Estimated Property Value507 Windy Point Drive, Mount Vernon, TX, 75457
$452,400 ARV
Off Market
Property Lead Type:
Off-Market ListARV FlipHigh Equity
Highlights
Interior
AppliancesElectric Range, Refrigerator
FlooringCarpet, Ceramic Tile, Laminate
Exterior
Exterior FeaturesRain Gutters
Building Information
Year Built1982
Land Information
APN02502-00019-00008-000000
Lot Number8
SubdivisionTall Tree
Land UseResidential
Legal DescriptionAB 134 J DACON LT 8 BLK 19 SEC 3 TALL TREE
Census Tract950101
Assessed Land Value$22,500
Assessed Improvement Value$249,990
Assessment Year2025
About this property
Beautiful views of Cypress Springs Lake right out your front door. Lots of wildlife to enjoy here. The home sits on a curved road so you have lots of road frontage. A nice sized back yard for entertaining with guests and family. You have tons of amenities such as, pool, tennis courts, basket ball, volley ball, picnic area, boat ramp, and fishing pier. This is a must see! Perfect for a family to call home.
Investor Tools
$348,000
Estimated Property Value
$154,966Estimated Mortgage Balance
$193,034Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$452,400
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,088 /month
Positive
Cash Flow Estimate:
$696 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$296/month
$214/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,814
$254,320
2025
$22,500
$249,990
$272,490
No
Tax History
Year
Tax Paid
Assessed Value
2025
$1,814
$254,320
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$171,000
No
First
Jun 7, 2021
Jul 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$154,966
$193,034
55%
45%
$1,026/mo
