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$200,000

NAL Estimated Property Value

1040 Old Barn Ln, Mesquite, TX, 75149

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,157 Sq Ft
price_per_sqft$185.83 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size4,408 sqft

Building Information

Year Built1985
Stories1
Roof Type105
Garage Spaces2

Land Information

APN381722500K0180000
Lot Number18
SubdivisionSamuell Park Farms East
Land UseResidential
Legal DescriptionSAMUELL PARK FARMS EAST BLK K LT 18 INT202500121506 DD06102025 CO-DC 1722500K01800 1CM1722500K
Census Tract018158
Assessed Land Value$65,000
Assessed Improvement Value$135,000
Assessment Year2025

About this property

Come and explore this adorable, charming, and well-maintained home! Conveniently located with easy access to downtown Dallas, Hwy 80, I-635, and I-30, this home boasts a fantastic layout with plenty of windows that let in natural light, a cozy fireplace, and neutral colors that complement any decor, creating a calm and peaceful atmosphere. Retreat to your spacious primary suite, complete with a walk-in closet. Enjoy the outdoor space with a covered patio perfect for seating and a fully fenced yard, ideal for pets. This home has been thoughtfully updated with a three-year-old microwave, a new AC system and ducts replaced 2.5 years ago for improved energy efficiency, a three-year-old water heater, and a roof and exterior paint done just a year ago. Inside, you'll find new carpet, fresh interior paint, new mini blinds, and toilets replaced three years ago. Don't miss the chance to make this home your own. Washer and dryer connections available. All information deemed reliable but not guaranteed. Buyer and buyer's agent to verify all information.

Investor Tools

Property Icon
$200,000
Estimated Property Value
$161,358Estimated Mortgage Balance
$38,642Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,290 /month
Positive
Cash Flow Estimate:
$430 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$466/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,594
$200,000
2025
$65,000
$135,000
$200,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,594
$200,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Efinity Financial Inc
Unknown
$164,000
No
First
Jun 10, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$161,358
$38,642
19%
81%
$984/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$984/mo
+$581/mo
9.4%

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.

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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: Mesquite

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1040 Old Barn Ln | Property Details | No Agent List