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$75,000

1020 US Highway 80 E, Mesquite, TX, 75149

On MarketInfo
Just AddedInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size4,356 sqft

Land Information

APN381345800A0030000
Lot Number3
SubdivisionNorth Galloway
Land UseCommercial
Legal DescriptionNORTH GALLOWAY 2 BLK A PT LT 3 ACS 0.100 VOL2000137/3555 DD07102000 CO-DC 1345800A00300 3CM1345800A
Census Tract017705
Assessed Land Value$65,340
Assessment Year2025

About this property

Small but impactful site available on the hard corner of Galloway and Highway 80. All of us old timers of Mesquite remember the Williams Chicken who once stood there on that corner. TXDOT took over and will be expanding the road access to the feeder road along with bridge widening. A concrete triangular pad was left behind and is available for a small business. Approximately 5,000 SF remains which is shown on the photos. The front dirt area will be used as the new road expansion drive to the feeder road. Possibilities are kiosk type businesses or very small office. TXDot did grant ingress and egress from Galloway to this site. Imagine all the cars driving past this site each day. TXDOT plans are available in the transactions. City of Mesquite is open to discussion for prospects. This site is in the Truman Heights Overlay plan so that needs to be considered in development and use.

Investor Tools

$63,102Estimated Mortgage Balance
$2,238Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$450 /month
Positive
Cash Flow Estimate:
$150 /month

Interested in this property?

Belinda Epps

Epps Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$109/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$981
$65,340
2025
$65,340
N/A
$65,340
No

Tax History

Year
Tax Paid
Assessed Value
2025
$981
$65,340

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amresco Independence Funding Inc
Commercial
$310,400
No
First
Jul 10, 2000
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$63,102
$2,238
3%
97%
$1,862/mo

City: Mesquite

1020 US Highway 80 E | Property Details | No Agent List