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$169,900

5210 Mile 12 N, MERCEDES, TX, 78570

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,284 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$132.32 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

BankruptcyDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater
FlooringTile

Exterior

Lot Size2.70 acres

Building Information

Year Built1996
Stories1
Roof Type105
Garage Spaces2

Land Information

APNM3528-02-000-0001-00
Lot Number1
SubdivisionMercedes Acres No. 2 - See
Land UseResidential
Legal DescriptionMERCEDES ACRES NO. 2 LOT 1
Census Tract024600
Assessed Land Value$93,999
Assessed Improvement Value$116,398
Assessment Year2025

About this property

Looking for larger lot almost 3 acres outside city limits? Well here it is! Comes with 3 bedroom and 2 bath home in need of some repairs. This property is zoned residential but has some commercial potential as there is businesses adjacent and close by; for more information on that inquire with Hidalgo County Planning & Zoning Department.

Investor Tools

$109,319Estimated Mortgage Balance
$101,506Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,262 /month
Positive
Cash Flow Estimate:
$421 /month

Interested in this property?

Jose Luis Garcia

Medina Real Estate-Weslaco

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$431/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,115
$210,397
2025
$93,999
$116,398
$210,397
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,115
$210,397

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sprocket Llc
Purchase Money Mortgage
$121,100
No
First
May 7, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$109,319
$101,078
48%
52%
$727/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,141/mo
$727/mo
+$414/mo
6.5%

City: MERCEDES

5210 Mile 12 N | Property Details | No Agent List