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$120,225

NAL Estimated Property Value

5836 Mile 13 N, MERCEDES, TX, 78570

Off MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size2.76 acres

Land Information

APNL1655-03-000-0016-00
Lot Number16
SubdivisionLa Paloma Estates Ut 3
Land UseVacant Land
Legal DescriptionLA PALOMA ESTATES UT 3 LOT 16
Census Tract024600
Assessed Land Value$120,225
Assessment Year2025

About this property

3.819 acre lot, for sale in the growing city of Mercedes! This property is ready for its new owners to build their home or ranchette. The property is perfect for your new home.

Investor Tools

Property Icon
$120,225
Estimated Property Value
$41,222Estimated Mortgage Balance
$79,003Estimated Equity
65% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$721 /month
Positive
Cash Flow Estimate:
$240 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$257/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,477
$120,225
2025
$120,225
N/A
$120,225
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,477
$120,225

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
South Shore Development Inc
Unknown
$49,000
No
First
Jun 22, 2018
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$41,222
$79,003
65%
34%
$294/mo

Learn About the Market: Opportunity in Texas

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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.

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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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5836 Mile 13 N | Property Details | No Agent List