$260,330
NAL Estimated Property Value220 Melinda, Mesquite, TX, 75149
Off Market
Property Lead Type:
Off-Market ListHigh EquityMove-In Ready
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Cooktop
FlooringCarpet, Laminate
Exterior
Lot Size7,200 sqft
Building Information
Year Built1972
Stories1
Roof Type105
Garage Spaces2
Land Information
APN38010500040320000
Lot Number32
SubdivisionBroadmoor
Land UseResidential
Legal DescriptionBROADMOOR BLK 4 LOT 32 INT202100345137 DD11122021 CO-DC 0105000403200 1CM01050004
Census Tract017706
Assessed Land Value$45,000
Assessed Improvement Value$215,330
Assessment Year2025
About this property
A Gorgeous Newly Renovated Home Featuring Hard Wood Flooring, Granite Counter-Tops, Ceramic Tile, Awesome Brick Fireplace. This Home comes with a Stunning Backyard with a Beautiful Landscaping perfect for outside Entertainment. Hurry this one is waiting for that picky buyer!!!
Investor Tools
$260,330
Estimated Property Value
$218,316Estimated Mortgage Balance
$42,014Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,562 /month
Positive
Cash Flow Estimate:
$521 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$497/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,665
$260,330
2025
$45,000
$215,330
$260,330
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,665
$260,330
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Conventional
$238,620
No
First
Nov 12, 2021
Dec 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$218,316
$42,014
16%
84%
$1,431/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,431/mo
+$541/mo
9.1%
