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$228,000

1337 Nimitz Way, Mesquite, TX, 75181

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,791 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$127.3 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker
FlooringCarpet, Laminate, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size7,468 sqft

Building Information

Year Built2005
Stories1
Roof Type105
Garage Spaces2

Land Information

APN382008000I0290000
Lot Number29
SubdivisionHills At Tealwood
Land UseResidential
Legal DescriptionHILLS AT TEALWOOD PH 2 BLK I LT 29 INT202100018629 DD01192021 CO-DC 2008000I02900 1CM2008000I
Census Tract017314
Assessed Land Value$65,000
Assessed Improvement Value$223,650
Assessment Year2025

About this property

BACK ON MARKET! Single owner and well cared for home in the quiet Hills of Tealwood. Recent updates include light and bright fresh paint, hardwood flooring, wood blinds and updated kitchen which includes farm style sink and faucet, subway tile, quartz countertops and ss appliances including built in microwave. HVAC replaced in December of this year and water heater replaced in 2015, this well maintained home has wood burning fireplace, split bedrooms for privacy and wired for a security system. Conveniently located close to MISD schools, shopping and restaurants with easy access to I20, I635 and US 80. Sellers need 60 day leaseback.

Investor Tools

Property Icon
$288,650
Estimated Property Value
$172,500Estimated Mortgage Balance
$133,847Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,732 /month
Positive
Cash Flow Estimate:
$577 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$678/month
$80/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,697
$288,650
2025
$65,000
$223,650
$288,650
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,697
$288,650

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$172,500
No
First
Jan 19, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$154,803
$133,847
46%
54%
$1,035/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,940/mo
$1,115/mo
+$1,825/mo
12.2%

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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1337 Nimitz Way | Property Details | No Agent List