$90,000
502 Mitchell St, Belton, TX, 76513
$114,601 ARV
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesOther, See Remarks, Some Electric Appliances
Exterior
Exterior FeaturesOther, See Remarks
Lot Size7,910 sqft
Building Information
Year Built1948
Stories1
Land Information
APN396651
Lot Number2A
SubdivisionMitchell Estates No 2
Land UseResidential
Legal DescriptionMITCHELL ESTATES NO 2, BLOCK 001, LOT 002A
Census Tract021601
Assessed Land Value$30,216
Assessed Improvement Value$110,034
Assessment Year2026
About this property
Perfect investment home in the heart heart of Belton
Investor Tools
$40,355Estimated Mortgage Balance
$130,645Estimated Equity
76% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$114,600
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,026 /month
Positive
Cash Flow Estimate:
$342 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$226/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,856
$140,250
2026
$30,216
$110,034
$140,250
No
Tax History
Year
Tax Paid
Assessed Value
2025
$1,856
$140,250
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Franklin American Mortgage Co
Fha
$71,435
Yes
First
Aug 6, 2007
Sep 2037
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$40,355
$130,645
76%
24%
$467/mo
