Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Street View of property
Street View

$311,390

516 Main St W, Mount Vernon, TX, 75457

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,835 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$162.94 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2.5Bathrooms 2.5
AppliancesDishwasher, Electric Oven, Microwave
FlooringCarpet, Laminate, Tile, Vinyl

Exterior

Lot Size2.38 acres

Building Information

Year Built1985
Garage Spaces2

Land Information

APN00115-00000-00171-000000
Land UseResidential
Legal DescriptionAB 425 J SLOAN
Census Tract950200
Assessed Land Value$63,480
Assessed Improvement Value$247,910
Assessment Year2025

About this property

One of a kind, custom home build in 1985. Travel back in time when you see all the special touches of antique solid wood doors, 10ft bead board paneling and deep crown molding and stained glass accents. The family room features a wood burning fireplace with gas and opens into the sunroom overlooking over an acre back yard with mature oaks in a park-like setting with a private gazebo. There are two master suites with private baths plus an additional 3rd bedroom or study and a half bath in the utility room. There is a screened porch off the dining area wehre you can drink your morning coffee. It includes a 2-car, side entry garage with an overflow parking area. The home is within walking distance of the Historic Downtown Mount Vernon Square.

Investor Tools

Property Icon
$311,390
Estimated Property Value
$285,000Estimated Mortgage Balance
$0Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,868 /month
Positive
Cash Flow Estimate:
$623 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$491/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,336
$311,390
2025
$63,480
$247,910
$311,390
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,336
$311,390

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranty Bank & Trust
Commercial
$285,000
No
First
Sep 15, 2023
Sep 2024

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$351,079
N/A
0%
113%
$2,213/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

516 Main St W | Property Details | No Agent List