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B+
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Days89Days on Market
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$250,000

206 Southerland Avenue, Mesquite, TX, 75150

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,512 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$165.34 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Water Heater

Exterior

Lot Size7,245 sqft

Building Information

Year Built1982
Stories1
Roof Type105
Garage Spaces1

Land Information

APN38201300040240000
Lot Number24
SubdivisionTimberland
Land UseResidential
Legal DescriptionTIMBERLAND BLK 4 LOT 24 63X115 VOL86147 PG3650 EX72386 CO-DALLAS 2013000402400 33820130004
Census Tract017814
Assessed Land Value$60,000
Assessed Improvement Value$183,150
Assessment Year2025

About this property

Welcome to this beautiful home full of potential in Mesquite, Texas, conveniently located near Town East Mall and Sunnyvale with easy access to shopping, dining, and major highways. This home offers a spacious layout, comfortable living spaces, and a great location perfect for families or commuters alike. The seller is offering $5,000 in seller concessions to help make your move even easier. In addition, there will be a new sliding door by the kitchen, and the sink in the primary bathroom will be remodeled prior to closing. Don’t miss the opportunity to own a home in one of Mesquite’s most convenient locations!

Investor Tools

Property Icon
$250,000
Estimated Property Value
$0Estimated Mortgage Balance
$250,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month

Interested in this property?

Juan Rivera

Decorative Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$574/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,641
$243,150
2025
$60,000
$183,150
$243,150
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,641
$243,150

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$250,000
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
9.5%

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.

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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206 Southerland Avenue | Property Details | No Agent List