$225,000
NAL Estimated Property Value206 Redwood Street, Mesquite, TX, 75181
Off Market
Property Lead Type:
BankruptcyOff-Market ListAbsentee OwnerHigh EquityCash Buyers
Highlights
Interior
AppliancesElectric Range
FlooringCeramic Tile, Vinyl
Exterior
Lot Size7,200 sqft
Building Information
Year Built1974
Stories1
Roof Type105
Garage Spaces1
Land Information
APN60259500040120000
Lot Number12
SubdivisionWoodland Park Rep
Land UseResidential
Legal DescriptionWOODLAND PARK REP BLK D LT 12 INT20250075168 DD04102025 CO-DC 2595000401200 1CM25950004
Census Tract017314
Assessed Land Value$60,000
Assessed Improvement Value$134,580
Assessment Year2025
About this property
Great location close to I-20 and 635. The second living room can be used as bedroom, game room, or media room. All the floor either c-tiles, or vinyl. Ready to move-in. The one car garage had been turned into living area by previous owner so the county's square footage may be less than the real area. Byers have to verify it.
Investor Tools
$225,000
Estimated Property Value
$0Estimated Mortgage Balance
$225,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,350 /month
Positive
Cash Flow Estimate:
$450 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$459/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,378
$194,580
2025
$60,000
$134,580
$194,580
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,378
$194,580
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$225,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,940/mo
N/A
+$2,940/mo
15.7%
