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$242,940

NAL Estimated Property Value

1616 Belmont Street, Mesquite, TX, 75149

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,301 Sq Ft
price_per_sqft$142.12 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher
FlooringCarpet, Laminate

Exterior

Lot Size7,500 sqft

Building Information

Year Built1955
Stories1
Roof Type105
Garage Spaces1

Land Information

APN38138500360130000
Lot Number13
SubdivisionNorthridge
Land UseResidential
Legal DescriptionNORTHRIDGE ESTATES 3 BLK 36 LOT 13 60X125 INT202000107778 DD04242020 CO-DC 1385003601300 1CM13850036
Census Tract017703
Assessed Land Value$75,000
Assessed Improvement Value$167,940
Assessment Year2025

About this property

NICE HOME BEING UPDATED WITH NEW ROOF , NEW CENTRAL HEAT AND AIR, NEW PAINT , FLOORING , ALL NEW BATHRROMS. NEW FIXTURES AND CEILING FANS. UPDATED KITCHEN, NEW CERAMICS AND MORE. 3 BEDROOMS AND 2 FULL BATH WITH 1 CAR GARAGE. PRIVATE FUNDS AVAIALBLE FOR BUYERS THAT MEET LENDERS CRITERIA.

Investor Tools

Property Icon
$242,940
Estimated Property Value
$0Estimated Mortgage Balance
$242,940Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,458 /month
Positive
Cash Flow Estimate:
$486 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$568/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,607
$242,940
2025
$75,000
$167,940
$242,940
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,607
$242,940

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$242,940
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
N/A
+$1,972/mo
9.7%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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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1616 Belmont Street | Property Details | No Agent List