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$241,280

NAL Estimated Property Value

1537 Wheatfield Court, Mesquite, TX, 75149

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,363 Sq Ft
price_per_sqft$145.78 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Dryer, Electric Range, Refrigerator, Washer
FlooringLaminate, Vinyl

Exterior

Exterior FeaturesUncovered Courtyard
Lot Size4,503 sqft

Building Information

Year Built1986
Stories1
Roof Type105
Garage Spaces2

Land Information

APN381722600B0120000
Lot Number12
SubdivisionSamuel Park Farms West
Land UseResidential
Legal DescriptionSAMUEL PARK FARMS WEST BLK B LOT 12 INT201700009548 DD01092017 CO-DC 1722600B01200 1CM1722600B
Census Tract018158
Assessed Land Value$65,000
Assessed Improvement Value$176,280
Assessment Year2025

About this property

WONDERFUL HOME IN EAST MESQUITE IS READY FOR YOUR PERSONAL TOUCH. Move-in ready 2 bedroom, 2 bath home on a quiet cul-de-sac with convenient access to US-80. Spacious living room features a raised ceiling and cozy fireplace with a separate dining area ideal for entertaining. Both bedrooms include walk-in closets, while both full bathrooms offer dual sinks and separate toilet and tub areas. The kitchen comes complete with dishwasher, range, microwave and refrigerator and the interior laundry room includes washer and dryer. Durable vinyl plank flooring throughout the living areas and ceramic tile in the kitchen and bathrooms. No carpet! Enjoy a private fenced courtyard and covered walkway leading to the detached 2-car garage. Excellent opportunity for an owner-occupant or investor seeking a turn-key rental property.

Investor Tools

Property Icon
$241,280
Estimated Property Value
$131,760Estimated Mortgage Balance
$109,520Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,448 /month
Positive
Cash Flow Estimate:
$483 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$572/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,660
$241,280
2025
$65,000
$176,280
$241,280
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,660
$241,280

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Silver Hill Financial Llc
Commercial
$140,400
No
First
Mar 17, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$131,760
$109,520
45%
55%
$842/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$842/mo
+$1,130/mo
9.8%

City: Mesquite

1537 Wheatfield Court | Property Details | No Agent List