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$299,000

5480 Fm 491, Mercedes, TX, 78570

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,930 Sq Ft
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
AppliancesRange, Cooktop, Gas Water Heater, Dishwasher, Microwave, Refrigerator
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

$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?

Marcus Phipps

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%

City: Mercedes

5480 Fm 491 | Property Details | No Agent List