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$240,590

NAL Estimated Property Value

231 Ridgefield Cir, Mesquite, TX, 75149

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,224 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$191.99 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Microwave
FlooringLaminate

Exterior

Lot Size7,200 sqft

Building Information

Year Built1956
Stories1
Roof Type105

Land Information

APN38162500130210000
Lot Number21
SubdivisionRollingwood Hills
Land UseResidential
Legal DescriptionROLLINGWOOD HILLS BLK M LOT 21 INT202300197815 DD09252023 CO-DC 1625001302100 1CM16250013
Census Tract017602
Assessed Land Value$55,000
Assessed Improvement Value$185,590
Assessment Year2025

About this property

COMPLETELY REMODELED HOME!! 50K OF UPGRADES AND REMODELING DONE WITHIN LAST COUPLE MONTHS AND 15K WITHIN LAST 2 YEARS FOR NEW ROOF AND FOUNDATION REPAIR. Brand new granite counters & wood laminate throughout. All new hardware, lighting, kitchen cabinets, stainless steel appliances, bathroom mirror and vanity, paint, bathtub, blinds, backsplash, sink and more. Foundation repaired Jan 2023 with 19 new concrete piers with transferrable warranty. New deck built this month as well. Water heater replaced April 2021 and new roof replacement Feb 2021. You have to see the home to appreciate the work and remodel that was done to it.

Investor Tools

Property Icon
$240,590
Estimated Property Value
$219,536Estimated Mortgage Balance
$21,054Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,444 /month
Positive
Cash Flow Estimate:
$481 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$565/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,582
$240,590
2025
$55,000
$185,590
$240,590
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,582
$240,590

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Equity Prime Mortgage Llc
Fha
$230,743
Yes
First
Sep 25, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$219,536
$21,054
8%
91%
$1,384/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,384/mo
+$588/mo
9.8%

City: Mesquite

231 Ridgefield Cir | Property Details | No Agent List