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$229,464

NAL Estimated Property Value

5839 W MILE 12 1/2 NORTH, MERCEDES, TX, 78570

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,198 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$39.09 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2.5Bathrooms Full 2.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Building Information

Year Built1999
Stories1
Roof Type105
Garage Spaces2

Land Information

APNN3425-00-000-0009-00
Lot Number9
SubdivisionNorth Capisallo Crossing
Land UseResidential
Legal DescriptionNORTH CAPISALLO CROSSING LOT 9
Census Tract024600
Assessed Land Value$79,464
Assessed Improvement Value$150,000
Assessment Year2025

About this property

LOOKING FOR SPACE, SPACE, AND MORE SPACE!...LOOK NO FURTHER! THIS IS A FORECLOSED HOME BIG ENOUGH FOR 2 OR 3 FAMILIES! HUGE BEDROOMS ( 3 OF WHICH HAVE THEIR OWN FULL BATH) LARGE LIVING AND FAMILY ROOMS FOR ENTERTAINMENT. TILE FLOORING THROUGHOUT. NEED SOME QUIET FOR PAPERWORK?...INCLUDES AN EXTRA BONUS ROOM THAT COULD BE USED FOR OFFICE FOR A HOME BASED BUSINESS. TRUCK DRIVERS DREAM AS THIS HOME SITS ON ALMOST 1 ACRE LOT PROPERTY WITH PLENTY OF SPACE. 2 LOTS OF 1/2 ACRE EACH NEXT DOOR ALSO AVAILABLE AT 35,000 EACH.

Investor Tools

Property Icon
$229,464
Estimated Property Value
$181,873Estimated Mortgage Balance
$47,591Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,377 /month
Positive
Cash Flow Estimate:
$459 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$518/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,067
$229,464
2025
$79,464
$150,000
$229,464
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,067
$229,464

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Lending Corp
Fha
$113,714
Yes
First
May 1, 2018
May 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$181,873
$47,591
20%
79%
$1,286/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,257/mo
$1,286/mo
$-29/mo
6.6%

City: MERCEDES

5839 W MILE 12 1/2 NORTH | Property Details | No Agent List