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$210,000

513 W 6th Street, Mount Pleasant, TX, 75455

Off MarketInfo
CommercialInfo
Beds1 Beds
Baths1 Bath
Baths2,784 Sq Ft
BusinessBusiness
Year BuiltBuilt in 1956

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
FlooringCarpet, Tile

Exterior

Lot Size15,660 sqft

Building Information

Year Built1956

Land Information

APN12731
Lot Number4
SubdivisionCaldwell
Land UseResidential
Legal DescriptionCALDWELL BLK 3 LOT 4 .3595 AC
Census Tract950600
Assessed Land Value$14,094
Assessed Improvement Value$274,699
Assessment Year2025

About this property

** 4 income producing rentals in the heart of Mt. Pleasant, TX. ** 1 unit is a duplex. All units have 1 bedroom, 1 full bathroom, a living area and a kitchen with a dine in area except for 519 which has 2 bedrooms! Each unit has a tenant who is a long-time renter with an excellent payment history. All want to stay. Would you like to have an income producing property that pays right away? If so, there is no need to look any further. Schedule a tour today. Owner will need a 24-hour notice as a courtesy to his tenants for showing requests. Apartments are located in Caldwell subdivision in Titus County. 519 - approximately 600 sqft and has 1 unit 517 - approximately 1,232 sqft and has 1 unit 513 & 515 - approximately 952 sqft, 2 units Information is deemed reliable, but not guaranteed. Buyer and Buyer's agent to verify all details.

Investor Tools

Property Icon
$288,793
Estimated Property Value
$0Estimated Mortgage Balance
$151,787Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,733 /month
Positive
Cash Flow Estimate:
$578 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$284/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,958
$288,793
2025
$14,094
$274,699
$288,793
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,958
$288,793

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Red River Employees Fcu
Purchase Money Mortgage
$144,000
No
First
Sep 15, 2023
Sep 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$137,006
$151,787
52%
47%
$864/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 Pleasant

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