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$217,000

NAL Estimated Property Value

2337 Lagoon Drive, Mesquite, TX, 75150

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,264 Sq Ft
price_per_sqft$134.41 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile, Laminate

Building Information

Year Built1962
Stories1
Roof Type105
Garage Spaces1

Land Information

APN38202500040240000
SubdivisionTown East Estates
Land UseResidential
Legal DescriptionTOWN EAST ESTATES BLK D LOT 24 INT201900171633 DD06282019 CO-DC 2025000402400 4CM20250004
Census Tract017806
Assessment Year2025

About this property

In the process of installing NEW ROOF, NEW TURBINES AND REPAIR FENCE. Very nice 3 bedroom home with huge backyard. Open floor plan. Seller is leaving refrigerator.

Investor Tools

Property Icon
$217,000
Estimated Property Value
$142,263Estimated Mortgage Balance
$74,737Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,302 /month
Positive
Cash Flow Estimate:
$434 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$356/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,188
$214,630
2025
N/A
N/A
$214,630
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,188
$214,630

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Town Square Mortgage & Investments Inc
Fha
$157,712
Yes
First
Jun 28, 2019
Jul 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$142,263
$74,737
34%
66%
$986/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$986/mo
+$986/mo
10.9%

City: Mesquite

2337 Lagoon Drive | Property Details | No Agent List