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$203,000

NAL Estimated Property Value

837 S Virginia Ave, MERCEDES, TX, 78570

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,396 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$157.59 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListAbsentee OwnerVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available

Exterior

Lot Size11,252 sqft

Building Information

Year Built1983
Stories1
Roof Type105
Garage Spaces1

Land Information

APNM3550-00-131-0004-00
Lot Number4,5
SubdivisionMercedes Original Townsite
Land UseResidential
Legal DescriptionWEBB & BEAVERS ADDITION S25' LOT 4 & ALL LOT 5 BLK 131
Census Tract023000
Assessed Land Value$50,625
Assessed Improvement Value$65,425
Assessment Year2025

About this property

ENORMOUS LOT!! BRAND NEW CONSTRUCTION!! Discover this stunningly crafted 3-bedroom, 2-bathroom OPEN CONCEPT HOME, where modern sophistication meets rustic allure. The interior boasts a spacious and airy layout, enhanced by premium finishes and meticulous attention to detail. The primary bedroom features a generous walk-in closet, offering ample storage and a luxurious touch. This home beautifully combines contemporary amenities with farmhouse-inspired design, making it the ideal blend of comfort, style, and practicality for the new homeowner. Call Now!

Investor Tools

Property Icon
$203,000
Estimated Property Value
$204,701Estimated Mortgage Balance
$203,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,320 /month
Positive
Cash Flow Estimate:
$440 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$266/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,171
$92,710
2025
$50,625
$65,425
$116,050
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,171
$92,710

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Financial Services Llc
Fha
$196,377
Yes
First
Nov 21, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$204,701
N/A
0%
101%
$1,237/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,141/mo
$1,237/mo
$-96/mo
6.7%

City: MERCEDES

837 S Virginia Ave | Property Details | No Agent List