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B+
NoAgentList RatingHow are grades calculated?Info

$345,860

2301 Penrose Dr, Mesquite, TX, 75150

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,674 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$143.31 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Lot Size11,662 sqft

Building Information

Year Built1988
Stories1
Roof Type105
Garage Spaces2

Land Information

APN38007710050010000
Lot Number1
SubdivisionBradford Park
Land UseResidential
Legal DescriptionBRADFORD PARK PH 2 BLK 5 LT 1 INT202000228578 DD07212020 CO-DC 0077100500100 1CM00771005
Census Tract017814
Assessed Land Value$75,000
Assessed Improvement Value$270,860
Assessment Year2025

About this property

Whether you are looking to relax by the beautiful pool or entertain friends and family, this home is for you! This 3 bed, 2 bath home sits on a well manicured corner lot with a beautiful mature shade tree. Home offers wood floors, new carpet, double ovens, kitchen island, wood burning fireplace, rear entry 2 car garage, and your very own backyard oasis! Covered patio has plenty of room for a large table and chairs plus room around the pool for lounging! Very convenient to all main highways in Mesquite. Come tour this home in highly desirable Bradford Park neighborhood today before it's gone!

Investor Tools

Property Icon
$345,860
Estimated Property Value
$237,500Estimated Mortgage Balance
$135,288Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,075 /month
Positive
Cash Flow Estimate:
$692 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$813/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,024
$345,860
2025
$75,000
$270,860
$345,860
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,024
$345,860

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank
Conventional
$237,500
No
First
Jul 21, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$210,572
$135,288
39%
61%
$1,424/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,424/mo
+$548/mo
6.8%

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.

Explore Texas Explore This Area
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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2301 Penrose Dr | Property Details | No Agent List