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$224,700

1809 Rayburn Ave, Mesquite, TX, 75149

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,128 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$199.38 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Gas Range, Gas Water Heater, Refrigerator

Exterior

Lot Size13,975 sqft

Building Information

Year Built1956
Stories1
Roof Type105

Land Information

APN38229500010020000
Lot Number2
SubdivisionSyble White
Land UseResidential
Legal DescriptionSYBLE WHITE BLK 1 LT 2 INT202300103058 DD05122023 CO-DC 2295000100200 1CM22950001
Census Tract017703
Assessed Land Value$55,000
Assessed Improvement Value$169,700
Assessment Year2025

About this property

MOVE-IN READY THREE BEDROOM ONE BATH! Full interior repaint and new luxury vinyl plank flooring in living, kitchen, dining, bathroom and hallway and new carpet in bedrooms. Garage converted provides for a second living area with washer and dryer hookups. Large, fully fenced in back and front yard.

Investor Tools

Property Icon
$224,700
Estimated Property Value
$195,000Estimated Mortgage Balance
$40,427Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,349 /month
Positive
Cash Flow Estimate:
$450 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$417/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,877
$224,700
2025
$55,000
$169,700
$224,700
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,877
$224,700

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of England
Conventional
$195,000
No
First
May 12, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$184,273
$40,427
17%
82%
$1,170/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,170/mo
+$802/mo
10.5%

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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1809 Rayburn Ave | Property Details | No Agent List