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$240,000

212 Melinda Dr, Mesquite, TX, 75149

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,222 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$196.4 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater, Ice Maker, Refrigerator
FlooringCarpet, Ceramic Tile

Exterior

Lot Size7,200 sqft

Building Information

Year Built1972
Stories1
Roof Type105
Garage Spaces2

Land Information

APN38010500040300000
Lot Number30
SubdivisionBroadmoor
Land UseResidential
Legal DescriptionBROADMOOR BLK 4 LT 30 INT202300253670 DD12182023 CO-DC 0105000403000 1CM01050004
Census Tract017706
Assessed Land Value$45,000
Assessed Improvement Value$196,550
Assessment Year2025

About this property

Impeccably maintained home located in pristine neighborhood minutes from Dallas and shopping. Enjoy your family evenings in the cozy den with brick fireplace, gas logs, open floor plan and natural light from skylight. Breakfast area with built in cabinets for display and storage. Open kitchen with breakfast bar and serving space ideal for indoor holiday gatherings or backyard bbq with pass through window. Yard is lush with St Augustine grass, blossoming crape myrtles, Bradford pears for year round relaxation in backyard under oversized covered patio. Two full baths. Primary ensuite with shower and guest bath with jetted tub. Foundation sprinkler. Garage with washer, dryer hookups and wall storage, small lighted workspace, attic access. GAF Roof 2011, Foundation 2014 and 2023; 8 total piers with transferrable warranty.

Investor Tools

Property Icon
$244,000
Estimated Property Value
$202,910Estimated Mortgage Balance
$49,976Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,464 /month
Positive
Cash Flow Estimate:
$488 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$569/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,604
$241,550
2025
$45,000
$196,550
$241,550
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,604
$241,550

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank Na
Commercial
$202,910
No
First
Dec 18, 2023
Dec 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$194,024
$49,976
20%
80%
$1,217/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,217/mo
+$755/mo
9.7%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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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212 Melinda Dr | Property Details | No Agent List