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$225,180

1427 Ridgeview Street, Mesquite, TX, 75149

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths998 Sq Ft
Single Family ResidenceSingle Family Residence
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
$0Estimated Mortgage Balance
$60,379Estimated Equity
100% 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%

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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1427 Ridgeview Street | Property Details | No Agent List