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$291,000

NAL Estimated Property Value

2329 Salerno Drive, Mesquite, TX, 75150

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,816 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$148.62 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Range
FlooringCarpet, Ceramic Tile

Exterior

Lot Size7,360 sqft

Building Information

Year Built1983
Stories1
Roof Type105
Garage Spaces2

Land Information

APN38201300050020000
Lot Number2
SubdivisionTimberland
Land UseResidential
Legal DescriptionTIMBERLAND BLK 5 LOT 2 64X115 INT202100373546 DD12102021 CO-DC 2013000500200 1CM20130005
Census Tract017814
Assessed Land Value$60,000
Assessed Improvement Value$216,580
Assessment Year2025

About this property

Multiple offers. Seller has accepted an offer . Open Floor plan and High ceilings! This home is ideal for a big family looking for space! 4 bedrooms , and 2 and half baths! Master is on first floor, spacious living room and dining! Fireplace in living room makes home cozy for the cold winters! Big roomy kitchen with lots of natural light! Tile flooring on first floor and all bathrooms except kitchen has older vinyl floor in good condition and all bedrooms have wood laminate flooring which all are excellent for easy maintenance! Fenced back yard and 2 car garage. Seller selling as is will do no repairs, has some rotten wood and chipped paint at exterior so no FHA. Needs 30 to 60 days lease back.

Investor Tools

Property Icon
$291,000
Estimated Property Value
$314,140Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,746 /month
Positive
Cash Flow Estimate:
$582 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$656/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,417
$276,580
2025
$60,000
$216,580
$276,580
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,417
$276,580

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Bank Financial
Purchase Money Mortgage
$225,000
No
First
Dec 10, 2021
Jan 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$314,140
N/A
0%
108%
$2,009/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$2,009/mo
+$563/mo
10.6%

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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2329 Salerno Drive | Property Details | No Agent List