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$268,000

NAL Estimated Property Value

2312 Borman Ave, Mesquite, TX, 75150

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,627 Sq Ft
price_per_sqft$175.11 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Storage, Other
Lot Size7,735 sqft

Building Information

Year Built1970
Stories1
Roof Type105
Garage Spaces2

Land Information

APN38073500160020000
Lot Number2
SubdivisionEastridge Park
Land UseResidential
Legal DescriptionEASTRIDGE PARK 8 LT 0002 65X119 INT202400117249 DD05302024 CO-DC 0735001600200 1CM07350016
Census Tract017815
Assessed Land Value$70,000
Assessed Improvement Value$196,240
Assessment Year2025

About this property

Legacy. This home is steeped in decades of honorable & close-knit family legacy. Park view, solid construction, just a stone's throw away from the most picturesque & pleasant amenities in all of Mesquite, & there's no HOA. This quaint home is shaded pretty much all day long, as mature trees flank it on all sides, creating a serene atmosphere inside & out, dappled sunlight filtering down onto the backyard workshop amid lilies & cultivated saplings, down into the windows that protect this home that has served as the backdrop for thousands of memories wherein the camaraderie felt like a warm embrace. This home is a protective & loving hug, & the children of the ones who owned & cared for it for so long are confident that you'll feel it too. New HVAC, recently-installed water heater, stunning wood floors in the front living room, landscaping lovingly tended with a cottage garden atmosphere, lifetime foundation warranty, documentation dating back generations, this home has it all. Come see!

Investor Tools

Property Icon
$268,000
Estimated Property Value
$0Estimated Mortgage Balance
$268,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,709 /month
Positive
Cash Flow Estimate:
$570 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$626/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,177
$266,240
2025
$70,000
$196,240
$266,240
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,177
$266,240

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$268,000
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
8.8%

City: Mesquite

2312 Borman Ave | Property Details | No Agent List