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$246,330

NAL Estimated Property Value

2225 Diane Drive, Mesquite, TX, 75149

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,350 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$111.11 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesNone
FlooringOther

Exterior

Exterior FeaturesOther
Lot Size14,411 sqft

Building Information

Year Built1960
Stories1
Roof Type105

Land Information

APN38140500690020000
Lot Number2-3
SubdivisionNorthridge
Land UseResidential
Legal DescriptionNORTHRIDGE ESTATES 5 BLK 69 LTS 2 & 3 INT202200325378 DD12292022 CO-DC 1405006900200 1CM14050069
Census Tract017703
Assessed Land Value$45,000
Assessed Improvement Value$201,330
Assessment Year2025

About this property

WELCOME INVESTORS!!! HOME + EMPTY LOT - Cute cottage located in a great location near 635 in Mesquite. Easy access to major highways. Home is located at the very end of the street where it dead ends, which is great for privacy. Home sits next to empty lot that is also a part of this property. Home has not been updated and needs everything including foundation work, roof, etc... Current tenant in property is family member and is moving out prior to closing. ARV is up to $300K, depending on what you do to the property. There is a humongous backyard and a garage conversion. Square footage can be added easily, and you could potentially add a structure to the vacant lot next door. Seller will review all offers and consider highest and best by Monday, Dec. 12th at 5pm. Showings will be done on one day during 2 hour Open House on Saturday, Dec. 10 from 1-3pm. Please drive by the property prior to the Open House if possible to see the fantastic characteristics. Flip-Rental-Handyman

Investor Tools

Property Icon
$246,330
Estimated Property Value
$0Estimated Mortgage Balance
$246,330Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,478 /month
Positive
Cash Flow Estimate:
$493 /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
$5,595
$246,330
2025
$45,000
$201,330
$246,330
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,595
$246,330

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$246,330
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
9.6%

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.

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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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2225 Diane Drive | Property Details | No Agent List