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Owner Contacts

$330,000

601 Highland Oaks St, Mount Vernon, TX, 75457

$385,441 ARV

Under Contract

5 Beds

3 Bath

2,429 Sq Ft

Single Family Residence

$135.86 / sqft

Built in 1987

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 5

Bathrooms 3

AppliancesDishwasher, Disposal, Electric Oven

FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters

Lot Size18,408 sqft

Building Information

Year Built1987

Land Information

APN04230-00004-00004-000000

Lot Number4

SubdivisionMeadow Park

Land UseResidential

Legal DescriptionAB 261 G KEITH LT 4 BLK 4 UN 2 MEADOW PARK

Census Tract950102

Assessed Land Value$15,780

Assessed Improvement Value$260,220

Assessment Year2025

About this property

Beautiful home in the heart of Mt Vernon nestled on an oversized corner lot offering over .42 acres (18,400 sqft) of space! This property showcases beautiful landscapes with mature trees for the perfect curb appeal. Open concept floor plan invites you with ample windows for all the natural lighting desired. Kitchen features upgraded granite counters, SS appliances, and farmhouse sink with plenty of cabinet space! Primary and secondary baths also feature upgraded finishes. Expansive living room offers a beautiful fireplace and perfect area for gathering or hosting any entertainment. Enjoy the extra and useful space of the garage conversion completed by a professional company allows an extra bonus room that can be used as a secondary living, office, or game room with 2 bedrooms and a full bath! Large backyard allows for the perfect pool addition! Have peace of mind during any weather event with WHOLE HOUSE GENERAC system installed in 2022. Roof & gutters are 2 years old. Water heater replaced in 2023. Camera security system for entire house is included. Beautiful opportunity to make this place home!

Investor Tools

$190,399Estimated Mortgage Balance

$89,601Estimated Equity

32% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$385,441

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,196 /month

Positive

Cash Flow Estimate:

$732 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$447/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,529

$266,570

2025

$15,780

$260,220

$276,000

Tax History

Year

Tax Paid

Assessed Value

2025

$3,529

$266,570

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Sublime Financial Llc

Conventional

$208,500

First

Nov 22, 2021

Dec 2036

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$190,399

$89,601

32%

52%

$1,251/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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