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$324,940

NAL Estimated Property Value

1440 Nimitz Way, Mesquite, TX, 75181

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,915 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$80.58 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Other
FlooringCarpet, Ceramic Tile, Wood, Other

Exterior

Exterior FeaturesRain Gutters, Other
Lot Size8,744 sqft

Building Information

Year Built2003
Stories2
Roof Type105
Garage Spaces2

Land Information

APN382008000P0050000
Lot Number5
SubdivisionHills At Tealwood
Land UseResidential
Legal DescriptionHILLS AT TEALWOOD PH 1 BLK P LT 5 INT201900349082 DD12232019 CO-DC 2008000P00500 1CM2008000P
Census Tract017314
Assessed Land Value$65,000
Assessed Improvement Value$259,940
Assessment Year2025

About this property

Beautiful 4 bedroom, 2.5 bath home with 4 living areas which one can be converted to a 5th bedroom. This home has tons of space to offer at a GOOD price! Master room on the first floor, fresh paint throughout the house, over sized game room upstairs, separate large utility room and a community playground nearby. Nice size backyard with a cover patio for all those family gatherings. Come and see!Home has a Foundation Transferable Lifetime Warranty. Back on the market due to BUYER'S FINANCING FELL THROUGH.

Investor Tools

Property Icon
$324,940
Estimated Property Value
$210,615Estimated Mortgage Balance
$114,325Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,950 /month
Positive
Cash Flow Estimate:
$650 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$639/month
$84/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,042
$324,940
2025
$65,000
$259,940
$324,940
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,042
$324,940

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$234,230
No
First
Feb 8, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$210,615
$114,325
35%
65%
$1,405/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,830/mo
$1,489/mo
+$2,341/mo
14.1%

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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1440 Nimitz Way | Property Details | No Agent List