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$242,000

NAL Estimated Property Value

820 LUIS DR. 18, MERCEDES, TX, 78570

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,753 Sq Ft
price_per_sqft$119.79 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1.5Bathrooms Full 1.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Water Heater
FlooringTile

Exterior

Lot Size6,752 sqft

Building Information

Year Built2005
Stories1
Roof Type105
Garage Spaces2

Land Information

APNF6451-00-000-0018-00
Lot Number18
SubdivisionFranco Estates
Land UseResidential
Legal DescriptionFRANCO ESTATES LOT 18
Census Tract023000
Assessed Land Value$40,500
Assessed Improvement Value$146,287
Assessment Year2025

About this property

Fresh retouch on this new listing! White and brown exterior colors welcome you to this recently updated home. The front door of your new home immediately displays a fresh clean, simple and desired look. The entire space opens up with light neutral colors and all tile flooring. Personalize the whole space to your liking. Start planning your future inside this 1,753 square feet of living space. Make memories cooking inside your new kitchen. Enjoy your next cookouts and family gatherings privately in your enclosed back patio. The possibilities are endless, all you have to do is decide. Your key is waiting.

Investor Tools

Property Icon
$242,000
Estimated Property Value
$117,921Estimated Mortgage Balance
$124,079Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,452 /month
Positive
Cash Flow Estimate:
$484 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$415/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,774
$186,787
2025
$40,500
$146,287
$186,787
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,774
$186,787

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$125,000
No
First
Mar 6, 2023
Apr 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$117,921
$124,079
51%
49%
$750/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,141/mo
$750/mo
+$391/mo
5.7%

Learn About the Market: Opportunity in Texas

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Explore

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.

Explore Texas Explore This Area
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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820 LUIS DR. 18 | Property Details | No Agent List