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$237,000

513 Mollie Ave, Mount Pleasant, TX, 75455

Off MarketInfo
Beds3 Beds
Baths1,425 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$150.88 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
AppliancesDishwasher, Microwave, Electric Oven, Electric Water Heater
FlooringTile

Exterior

Lot Size8,398 sqft

Building Information

Year Built2018

Land Information

APN323580
Lot Number9
Land UseResidential
Legal DescriptionANDERSON BLK D LOT 9 .1928 AC
Census Tract950500
Assessed Land Value$8,398
Assessed Improvement Value$196,165
Assessment Year2025

About this property

Welcome to your potential new home in the heart of Mount Pleasant, Texas! This charming house offers a perfect blend of comfort and convenience, with three bedrooms and two bathrooms to accommodate your family's needs. Step inside and discover an inviting open-concept layout that seamlessly connects the living, dining, and kitchen areas. This thoughtful design creates a warm and welcoming atmosphere, perfect for both everyday living and entertaining guests. The cozy space is ideal for those who appreciate a close-knit feel without sacrificing functionality. Situated on a corner lot, this property boasts the best of both worlds – ample space and coveted privacy. The fenced backyard is your own personal oasis, offering a serene retreat for relaxation or a delightful venue for hosting gatherings with friends and family. Let your imagination run wild as you envision lazy Sunday afternoons or lively barbecues in this outdoor sanctuary. One of the standout features of this home is its proximity to downtown Mount Pleasant. Just a stone's throw away, you'll find yourself immersed in the vibrant local scene, complete with charming shops, diverse restaurants, and that irresistible small-town appeal. Fancy a cup of joe? Jo's Downtown is practically around the corner. Craving a slice of pizza? Nardello's Pizza Tavern has got you covered. And for those with a sweet tooth, Laura's Cheesecake & Bakery is sure to satisfy your cravings. For outdoor enthusiasts, Dellwood Park and Jurney Park are both within easy reach, offering a perfect spot for picnics, walks, or simply enjoying nature. With such a prime location, this home truly offers the best of both worlds – a peaceful residential setting with urban conveniences at your fingertips. Don't let this opportunity slip away – come and experience the warmth and charm of this inviting property. Your new home in Mount Pleasant awaits! TAXES: SOURCE COUNTY APPRAISAL DISTRICT

Investor Tools

Property Icon
$237,000
Estimated Property Value
$206,196Estimated Mortgage Balance
$28,522Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,422 /month
Positive
Cash Flow Estimate:
$474 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$195/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,149
$204,563
2025
$8,398
$196,165
$204,563
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,149
$204,563

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Draper & Kramer Mortgage Corp
Fha
$206,196
Yes
First
Dec 29, 2023
Jan 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$208,478
$28,522
12%
88%
$1,306/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.

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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 Pleasant

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