$256,000
NAL Estimated Property Value516 Southgate Dr, Mount Pleasant, TX, 75455
Off Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Electric Range
FlooringCarpet, Ceramic Tile, Vinyl
Exterior
Exterior FeaturesRain Gutters
Lot Size13,299 sqft
Building Information
Year Built1978
Garage Spaces2
Land Information
APN15268
SubdivisionSouthgate Addition
Land UseResidential
Legal DescriptionSOUTHGATE ADDITION BLK 4 LOT PT OF 8 .3053 AC
Census Tract950800
Assessed Land Value$20,242
Assessed Improvement Value$185,735
Assessment Year2025
About this property
Nice split level brick-wood home in Southgate Addition. Large vaulted living room with wood burning fireplace and formal dining area. Primary bedroom also has a vaulted ceiling with walk-in closet. The backyard has an oversized covered patio.
Investor Tools
$256,000
Estimated Property Value
$56,349Estimated Mortgage Balance
$199,651Estimated Equity
77% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,536 /month
Positive
Cash Flow Estimate:
$512 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$223/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,397
$205,977
2025
$20,242
$185,735
$205,977
No
Tax History
Year
Tax Paid
Assessed Value
2025
$1,397
$205,977
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranty Bond Bank
Unknown
$76,500
No
First
Jun 24, 2014
Jun 2029
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$56,349
$199,651
77%
22%
$459/mo
