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$197,000

NAL Estimated Property Value

5847 MILE 12 1/2 NORTH, MERCEDES, TX, 78570

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,238 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$100.89 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size21,841 sqft

Building Information

Year Built2019
Stories1
Roof Type105

Land Information

APNN3425-00-000-0008-00
Lot Number8
SubdivisionNorth Capisallo Crossing
Land UseResidential
Legal DescriptionNORTH CAPISALLO CROSSING LOT 8
Census Tract024600
Assessed Land Value$48,048
Assessed Improvement Value$121,859
Assessment Year2025

About this property

Custom Built in 2019, Tile floors, granite counter tops, high ceilings with indirect lights, ceiling fans, double pain windows, tankless water heater, patio door and a very large patio slab to enjoy the outdoors. Home sits on Half an acre, NO restrictions, you can raise farm animals, have trucks, etc. No city taxes. Come and enjoy the outdoors living in the heart of the valley.Motivated seller, bring your offer! easy to show.

Investor Tools

Property Icon
$197,000
Estimated Property Value
$107,293Estimated Mortgage Balance
$89,707Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,182 /month
Positive
Cash Flow Estimate:
$394 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$242/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,916
$162,868
2025
$48,048
$121,859
$169,907
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,916
$162,868

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Movement Mortgage
Fha
$121,262
Yes
First
May 4, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$107,293
$89,707
45%
54%
$728/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,141/mo
$728/mo
+$413/mo
7.0%

City: MERCEDES

5847 MILE 12 1/2 NORTH | Property Details | No Agent List