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$248,000

NAL Estimated Property Value

10940 Mesquite Dr, La Porte, TX, 77571

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,451 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$172.29 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Wine Refrigerator, Gas Oven, Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size6,900 sqft

Building Information

Year Built1984
Garage Spaces2

Land Information

APN1157130110002
Lot Number2
SubdivisionFairmont Park East
Land UseResidential
Legal DescriptionLT 2 BLK 11 FAIRMONT PARK EAST SEC 2
Census Tract343200
Assessed Land Value$67,958
Assessed Improvement Value$157,224
Assessment Year2025

About this property

Welcome to 10940 Mesquite Drive! Located on a greenbelt lot near Hwy 146 and 255, this 3-bed, 2-bath home offers peace, privacy, and convenience. Enjoy no front or back neighbors, extra parking, and being right across from the community pool, splash pad, and playground—perfect for summer fun. A wide driveway and landscaped yard add curb appeal. Inside, an elongated foyer leads to a living room with high ceilings, large windows, updated flooring, and a gas log fireplace. Fresh interior paint (1 year old) gives the home a clean, modern feel. The dining area features recessed lighting and a chandelier. The renovated kitchen includes wood cabinets, tile flooring, dark countertops, stainless appliances, a gas range, beverage fridge, and tile backsplash. The spacious primary suite offers plush carpet and a modern ensuite bath. Two secondary bedrooms include ceiling fans and custom paint. The game room adds flexibility. Includes a 3-year-old roof and 6-year-old AC with 10-year warranty.

Investor Tools

Property Icon
$248,000
Estimated Property Value
$234,379Estimated Mortgage Balance
$13,621Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$114/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$130
$225,182
2025
$67,958
$157,224
$225,182
No

Tax History

Year
Tax Paid
Assessed Value
2024
$130
$225,182

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$237,500
No
First
Aug 29, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$234,379
$13,621
5%
95%
$1,424/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,574/mo
+$148/mo
8.3%

City: La Porte