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$299,000

5480 Fm 491, MERCEDES, TX, 78570

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,930 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$154.92 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Water Heater
FlooringHardwood, Laminate, Tile

Exterior

Lot Size1 acre

Building Information

Year Built1981
Stories1
Roof Type104
Garage Spaces2

Land Information

APNC1400-00-068-0010-00
Lot Number10
SubdivisionCapisallo District - Smc
Land UseResidential
Legal DescriptionCAPISALLO NW 1AC LOT 10 BLK 68
Census Tract022801
Assessed Land Value$16,000
Assessed Improvement Value$127,009
Assessment Year2025

About this property

Beautifully updated 3-bedroom, 2-bath home situated on a spacious 1-acre lot. Built with durable double-brick construction and topped with a classic clay tile roof, this property offers lasting quality. Inside a thoughtfully updated interior featuring refinished wood flooring, all-new cabinetry, brand-new appliances, and a new 4-ton air conditioning system for year-round comfort. The home combines modern upgrades with solid construction, making it move-in ready. Outside, the expansive acre provides plenty of room for outdoor living, gardening, or future additions. A newly installed well supplies the sprinkler system, helping maintain the landscape efficiently. The oversized 2-car garage includes a dedicated work area, perfect for hobbies, storage, or a home workshop. Schedule your viewing today!

Investor Tools

Property Icon
$235,000
Estimated Property Value
$0Estimated Mortgage Balance
$235,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,794 /month
Positive
Cash Flow Estimate:
$598 /month

Interested in this property?

LISA MCCALLUM

MARCUS PHIPPS REAL ESTATE, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$350/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,028
$143,009
2025
$16,000
$127,009
$143,009
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,028
$143,009

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$235,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,141/mo
N/A
+$1,141/mo
5.8%

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: MERCEDES

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5480 Fm 491 | Property Details | No Agent List