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$191,000

NAL Estimated Property Value

629 S INDIANA AVE., MERCEDES, TX, 78570

$195,219 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,469 Sq Ft
price_per_sqft$102.11 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
FlooringTile

Exterior

Lot Size7,501 sqft

Building Information

Year Built2017
Stories1
Roof Type105
Garage Spaces1

Land Information

APNC6650-00-0B2-0010-00
Lot Number10
SubdivisionColonia Chapultepec - Smc
Land UseResidential
Legal DescriptionCOLONIA CHAPULTEPEC UT NO. 1 LOT 10 BLK B-2 117
Census Tract022900
Assessed Land Value$45,000
Assessed Improvement Value$139,091
Assessment Year2025

About this property

Enjoy this spacious, LIKE NEW home in a convenient central area of Mercedes. Near the expressway for easy commute, wood like tile flooring throughout, high decorative ceilings, and so much more! With 3 beds, 2 baths, and an open layout living space, this is the perfect home for any buyer. You'll have alley access for visitor or large vehicle parking in your spacious backyard, in addition to your garage. Make this place your home before the holidays!

Investor Tools

Property Icon
$191,000
Estimated Property Value
$134,877Estimated Mortgage Balance
$56,123Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$195,218
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,146 /month
Positive
Cash Flow Estimate:
$382 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$471/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,699
$184,091
2025
$45,000
$139,091
$184,091
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,699
$184,091

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Willow Bend Mortgage Co
Va
$150,000
Yes
First
Jan 14, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$134,877
$56,123
29%
71%
$900/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,141/mo
$900/mo
+$241/mo
7.2%

City: MERCEDES

629 S INDIANA AVE. | Property Details | No Agent List