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$221,000

NAL Estimated Property Value

2220 Ridgecrest Street, Mesquite, TX, 75149

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,185 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$122.36 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher
FlooringCarpet, Ceramic Tile

Exterior

Lot Size10,725 sqft

Building Information

Year Built1958
Stories1
Roof Type105
Garage Spaces1

Land Information

APN38140500660090000
Lot Number9
SubdivisionNorthridge
Land UseResidential
Legal DescriptionNORTHRIDGE ESTATES 5 BLK 66 LOT 9 INT202100051174 DD02192021 CO-DC 1405006600900 1CM14050066
Census Tract017703
Assessed Land Value$45,000
Assessed Improvement Value$162,390
Assessment Year2025

About this property

Priced right for a quick sell!!! Great opportunity in Mesquite, close to shopping areas and major highways. This property is selling AS-IS and has been priced accordingly. Foundation work needed. This house will not go FHA under current foundation conditions. The property shows well, the living area is the garage conversion, original living is the formal dining. Kitchen with small breakfast space. This house sits on a large lot with a great backyard. Conventional & Cash offers only, for FHA if the lender requires repairs would be added to the price. Small slop in living area & hallway close to the bathroom. Note: Repairs cost would be added to the listing price if requested.

Investor Tools

Property Icon
$221,000
Estimated Property Value
$160,481Estimated Mortgage Balance
$60,519Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,326 /month
Positive
Cash Flow Estimate:
$442 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$350/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,099
$207,390
2025
$45,000
$162,390
$207,390
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,099
$207,390

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Great Western Financial Services Inc
Conventional
$135,800
No
First
Feb 19, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$160,481
$60,519
27%
73%
$1,049/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,049/mo
+$923/mo
10.7%

City: Mesquite

2220 Ridgecrest Street | Property Details | No Agent List