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$274,000

NAL Estimated Property Value

2326 Picadilly Blvd, Mesquite, TX, 75149

$276,510 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,815 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$118.46 / sqft
Year BuiltBuilt in 1949

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesOther
FlooringCeramic Tile, Combination

Exterior

Lot Size12,900 sqft

Building Information

Year Built1949
Stories1
Roof Type105

Land Information

APN38182500020010000
Lot Number1
SubdivisionSherwood Forest
Land UseResidential
Legal DescriptionSHERWOOD FOREST 2 BLK 2 LT 1 INT202300120987 DD06072023 CO-DC 1825000200100 1CM18250002
Census Tract017606
Assessed Land Value$78,000
Assessed Improvement Value$145,900
Assessment Year2025

About this property

4 Bedroom 2 Bath in Sherwood Forest area of Mesquite. West of 635 with great access to schools, freeways, and shopping. Property sold AS IS.

Investor Tools

Property Icon
$274,000
Estimated Property Value
$191,688Estimated Mortgage Balance
$82,312Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$276,510
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,644 /month
Positive
Cash Flow Estimate:
$548 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$436/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,859
$223,900
2025
$78,000
$145,900
$223,900
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,859
$223,900

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$202,500
No
First
Jun 7, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$191,688
$82,312
30%
70%
$1,215/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,215/mo
+$1,357/mo
11.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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2326 Picadilly Blvd | Property Details | No Agent List