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$292,240

NAL Estimated Property Value

2223 Luau St, Mesquite, TX, 75150

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,780 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$129.21 / sqft
Year BuiltBuilt in 1966

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Plumbed For Ice Maker
FlooringCeramic Tile

Exterior

Lot Size7,326 sqft

Building Information

Year Built1966
Stories1
Roof Type105
Garage Spaces4

Land Information

APN38204500070100000
Lot Number10
SubdivisionTown East
Land UseResidential
Legal DescriptionTOWN EAST ESTATES 3 LT 0010 INT202000328415 DD11132020 CO-DC 2045000701000 1CM20450007
Census Tract017816
Assessed Land Value$45,000
Assessed Improvement Value$247,240
Assessment Year2025

About this property

You will fall in love with this gorgeous, recently Remodeled, 4bedroom, 2bath, 2 car garage HOME. Updates include New Roof, New Kitchen including soft close Cabinets, SS Appliances & Granite countertops, New Flooring, Carpet, custom tiled restrooms, New lighting, New Windows, HVAC serviced, New garage doors & openers, New texture and paint, New wood Fence, and the Foundation repairs have been completed with transferrable warranty. This home is truly Move in Ready and is looking for it's new family!!! Conveniently located in a well established Mesquite Town East Estates, close to major highways and lot's of shopping areas near by.

Investor Tools

Property Icon
$292,240
Estimated Property Value
$202,033Estimated Mortgage Balance
$90,207Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,753 /month
Positive
Cash Flow Estimate:
$584 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$566/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,332
$292,240
2025
$45,000
$247,240
$292,240
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,332
$292,240

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Willow Bend Mortgage Co
Fha
$226,030
Yes
First
Nov 13, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$202,033
$90,207
30%
69%
$1,356/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,356/mo
+$1,216/mo
10.6%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

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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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2223 Luau St | Property Details | No Agent List