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$369,570

NAL Estimated Property Value

2264 Palomino Street, Mesquite, TX, 75149

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,805 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$207.76 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Gas Cooktop, Gas Oven, Microwave, Washer
FlooringVaries

Exterior

Lot Size1,759 sqft

Building Information

Year Built2021
Stories3
Roof Type105
Garage Spaces2

Land Information

APN381112500G0180000
Lot Number18
SubdivisionIron Horse Phase
Land UseResidential
Legal DescriptionIRON HORSE PHASE 2 BLK G LT 18 INT202200170632 DD06172022 CO-DC 1112500G01800 1CM1112500G
Census Tract017606
Assessed Land Value$84,000
Assessed Improvement Value$285,570
Assessment Year2025

About this property

Don’t miss this incredible opportunity to own a stylish, income-producing townhome with a tenant in place through October. Located just minutes from the heart of Dallas, this three-story gem features modern finishes, custom accents, and thoughtful design throughout. Enjoy spacious living with an open-concept layout, sleek kitchen, and a dedicated open office space—perfect for remote work or creative projects. All appliances are included, and you’ll find washer and dryer connections conveniently located on both the first and third floors. Whether you’re looking to expand your investment portfolio or plan ahead for your own urban retreat, this centrally located property offers unbeatable access to top-rated restaurants, shops, and entertainment. This is the low-maintenance, high-potential property you’ve been waiting for—schedule your showing today!

Investor Tools

Property Icon
$369,570
Estimated Property Value
$286,308Estimated Mortgage Balance
$83,262Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,250 /month
Positive
Cash Flow Estimate:
$750 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$868/month
$341/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,574
$369,570
2025
$84,000
$285,570
$369,570
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,574
$369,570

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank
Conventional
$301,497
No
First
Jun 17, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$286,308
$83,262
22%
77%
$1,857/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$2,198/mo
$-633/mo
5.1%

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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2264 Palomino Street | Property Details | No Agent List