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$348,000

NAL Estimated Property Value

507 Windy Point Drive, Mount Vernon, TX, 75457

$452,400 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,680 Sq Ft
price_per_sqft$122.02 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListARV FlipHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
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

Property Icon
$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

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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

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Mount Vernon

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507 Windy Point Drive | Property Details | No Agent List