$258,440
NAL Estimated Property Value1538 Forest Creek Circle, Mesquite, TX, 75149
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven
FlooringCombination
Exterior
Lot Size4,400 sqft
Building Information
Year Built1993
Stories1
Roof Type105
Garage Spaces2
Land Information
APN381722700C0220000
Lot Number22
SubdivisionSamuel Parks Farms South
Land UseResidential
Legal DescriptionSAMUEL PARKS FARMS SOUTH BLK C LT 22 WINDING CREEK VILLAGE TR 1 INT202200304313 DD11292022 CO-DC 1722700C02200 1CM1722700C
Census Tract018158
Assessed Land Value$65,000
Assessed Improvement Value$193,440
Assessment Year2025
About this property
Traditional meets Stately with a Touch of Art Deco in Mesquite! This home is situated on a well-manicured lot in a quiet cul-de-sac. Tons of light, storage and space makes this home perfect for working from home or entertaining. The large backyard is perfect for Fall get-togethers and gardening. The first floor has a sizeable living area, large breakfast nook overlooking the yard, kitchen, and a powder bath. All three bedrooms and full baths are upstairs. Windows replaced in 2021.
Investor Tools
$258,440
Estimated Property Value
$239,869Estimated Mortgage Balance
$18,571Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,644 /month
Positive
Cash Flow Estimate:
$548 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$386/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,341
$258,440
2025
$65,000
$193,440
$258,440
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,341
$258,440
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$256,500
No
First
Nov 29, 2022
Dec 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$239,869
$18,571
7%
93%
$1,538/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,538/mo
+$434/mo
9.2%
