$199,000
NAL Estimated Property Value1827 Highland St, Mesquite, TX, 75149
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesGas Range, Plumbed For Ice Maker
FlooringCarpet, Vinyl
Building Information
Year Built1955
Stories1
Roof Type105
Garage Spaces2
Land Information
APN38137500370220000
SubdivisionNorthridge Estates
Land UseResidential
Legal DescriptionNORTHRIDGE ESTATES 2 BLK 37 LT 22 INT202200069841 DD03102022 CO-DC 1375003702200 1CM13750037
Census Tract017703
Assessment Year2025
About this property
3-1-1 Brick house offered AS-IS, seller to make no repairs. Property will not qualify for traditional financing in its current condition. House shows obvious signs of foundation settlement.
Investor Tools
$199,000
Estimated Property Value
$827,715Estimated Mortgage Balance
$199,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,194 /month
Positive
Cash Flow Estimate:
$398 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$412/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,944
$192,370
2025
N/A
N/A
$192,370
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,944
$192,370
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lima One Capital Llc
Commercial
$889,850
No
First
Aug 25, 2022
Sep 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$827,715
N/A
0%
416%
$5,336/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$5,336/mo
$-3,771/mo
9.4%
