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$311,390

NAL Estimated Property Value

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
$351,079Estimated Mortgage Balance
$311,390Estimated Equity
0% 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

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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

City: Mount Vernon

516 Main St W | Property Details | No Agent List