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$225,180

NAL Estimated Property Value

1427 Ridgeview Street, Mesquite, TX, 75149

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths998 Sq Ft
price_per_sqft$170.34 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

BankruptcyOff-Market ListDeal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet, Vinyl, Wood

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size7,500 sqft

Building Information

Year Built1956
Stories1
Roof Type105
Garage Spaces2

Land Information

APN38139500550210000
Lot Number21
SubdivisionNorthridge
Land UseResidential
Legal DescriptionNORTHRIDGE ESTATES 4 BLK 55 LT 21 INT202500014441 DD01232025 CO-DC 1395005502100 1CM13950055
Census Tract017703
Assessed Land Value$75,000
Assessed Improvement Value$150,180
Assessment Year2025

About this property

OWNER FINANCE ONLY. Just a few blocks southeast of the 635 and 80 exchange, this 3 bedroom 1 bath brick home makes getting just about anywhere in Dallas a snap. With a garage conversion providing an additional work storage space, a front access 2 car carport protects against hail and other elements. Inside, this house is move-in ready! Clean carpet, wood and ceramic floors as well as neutral colored walls will complement any decor. Kitchen and dining are open and well lit with mirror accents and a quaint knick knack display shelving case. Seller will accept $10,000 down at 9% interest. Buyer can refi with a lender in 3 years.

Investor Tools

Property Icon
$225,180
Estimated Property Value
$164,801Estimated Mortgage Balance
$60,379Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,351 /month
Positive
Cash Flow Estimate:
$450 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$521/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,128
$225,180
2025
$75,000
$150,180
$225,180
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,128
$225,180

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bpl Mortgage Llc
Building Or Construction Loan
$167,500
No
First
Jun 4, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$164,801
$60,379
26%
73%
$1,005/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,005/mo
+$967/mo
10.5%

City: Mesquite

1427 Ridgeview Street | Property Details | No Agent List