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$364,000

853 S Kansas St, MERCEDES, TX, 78570

On MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,663 Sq Ft
price_per_sqft$136.69 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Water Heater, Gas Water Heater
FlooringLaminate, Tile

Exterior

Lot Size32,400 sqft

Building Information

Year Built1987
Stories1
Roof Type112
Garage Spaces5

Land Information

APNE0700-00-003-0037-00
Lot Number37
SubdivisionEast Mercedes - Smc
Land UseResidential
Legal DescriptionEAST MERCEDES LOT 37,38,39,& 40 BLK 3
Census Tract023000
Assessed Land Value$110,160
Assessed Improvement Value$287,271
Assessment Year2025

About this property

Beautiful updated home for sale in Mercedes, TX! Sitting on .74 of an acre with a fenced backyard and plenty of space to enjoy. This spacious 2,663 sq ft home features 4 bedrooms one currently used as an office, 2 full baths, 2 half bath, a large laundry room, and a 4-car garage with 2 attached and 2 detached spaces. Inside, you'll find a huge kitchen with stainless steel appliances and plenty of room for a large kitchen island, plus 2 dining areas and 2 living areas perfect for entertaining. The bedrooms are oversized with plenty of space throughout the home.

Investor Tools

$285,636Estimated Mortgage Balance
$72,386Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,184 /month
Positive
Cash Flow Estimate:
$728 /month

Interested in this property?

Veronica St. John

RCR Real Connect Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$816/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,004
$357,500
2025
$110,160
$287,271
$397,431
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,004
$357,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hamilton Home Loans Inc
Conventional
$308,750
No
First
Jun 30, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$285,636
$71,864
20%
80%
$1,852/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,257/mo
$1,852/mo
$-595/mo
4.2%

City: MERCEDES

853 S Kansas St | Property Details | No Agent List