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$308,880

2004 Saddle Way, Mesquite, TX, 75149

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,675 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.33 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Microwave, Refrigerator
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size1,842 sqft

Building Information

Year Built2022
Stories2
Roof Type105
Garage Spaces2

Land Information

APN381112500B0590000
Lot Number59
SubdivisionIron Horse Phase
Land UseResidential
Legal DescriptionIRON HORSE PHASE 1 BLK B LT 59 INT202300073956 DD04142023 CO-DC 1112500B05900 1CM1112500B
Census Tract017606
Assessed Land Value$84,000
Assessed Improvement Value$224,880
Assessment Year2025

About this property

Now available for lease—this beautifully maintained corner-unit townhome offers quiet living just minutes from the heart of Dallas. Built in 2022 by D.R. Horton, this modern residence features an open-concept layout with tasteful finishes and plenty of natural light. The first floor boasts a spacious living and dining area that flows seamlessly into a well-equipped kitchen with granite countertops, a gas range, stainless steel appliances, and an oversized island—perfect for entertaining. A refrigerator will be installed by the owner prior to tenant move-in. A convenient guest powder room adds to the first floor functionality. Upstairs, you'll find a flexible loft space ideal for a home office or workout area. The primary suite includes a spa-like bath with dual sinks, a soaking tub, walk-in shower, and generous closet space. Two additional bedrooms—each with walk-in closets—share a full bath, and a separate laundry room is thoughtfully positioned near the bedrooms. Additional highlights include an oversized two-car garage with high ceilings and extra storage space. Enjoy access to community amenities like a pool, scenic walking trails, and dog-friendly features. Easy access to major roads makes commuting to Dallas a breeze!

Investor Tools

Property Icon
$308,880
Estimated Property Value
$283,509Estimated Mortgage Balance
$41,428Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,853 /month
Positive
Cash Flow Estimate:
$618 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$607/month
$697/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,740
$308,880
2025
$84,000
$224,880
$308,880
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,740
$308,880

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Conventional
$283,509
No
First
Apr 14, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$267,452
$41,428
13%
87%
$1,700/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,397/mo
$-425/mo
7.7%

Learn About the Market: Opportunity in Texas

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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.

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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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2004 Saddle Way | Property Details | No Agent List