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$234,000

NAL Estimated Property Value

235 Redwood St, Mesquite, TX, 75181

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,380 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$171.67 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range

Exterior

Exterior FeaturesStorage, Other

Building Information

Year Built1974
Stories1
Roof Type105
Garage Spaces2

Land Information

APN60259500030240000
SubdivisionWoodland Park Rep
Land UseResidential
Legal DescriptionWOODLAND PARK REP BLK C LOT 24 ORD #2003 INT201000298649 DD11092010 CO-DC 2595000302400 33825950003
Census Tract017314
Assessment Year2025

About this property

This home qualifies for an FHA loan with 1% less interest rate than market, NO MI, and more perks. Like a New Home!! Oversized living area with floor to ceiling rock fireplace. Updated kitchen with new cabinets, counter tops and appliances. Bathrooms have been updated. Flooring is wood look tile that is virtually indestructible. New Carpet in the Bedrooms. New Exterior back Door. New Paint inside. Sliding Barndoor entry to Laundry room that has storage. Roof is only a couple of years old. Plumbing has just been redone. Foundation has been redone and has a lifetime transferable warranty. HUGE 2 car detached garage in the back. Enormous yard that is fenced and great for kids. The property is just off I20 at the Lawson road exit. Forney is only 5 minutes away. This location is convenient to shopping in Mesquite . Area is Booming. Terrific place to begin a family. All information deemed reliable but not guaranteed.

Investor Tools

Property Icon
$234,000
Estimated Property Value
$206,259Estimated Mortgage Balance
$27,741Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,421 /month
Positive
Cash Flow Estimate:
$474 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$116/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$220
$224,220
2025
N/A
N/A
$224,220
No

Tax History

Year
Tax Paid
Assessed Value
2024
$220
$224,220

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Conventional
$210,600
No
First
Mar 19, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$206,259
$27,741
11%
88%
$1,263/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,940/mo
$1,263/mo
+$1,677/mo
15.1%

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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235 Redwood St | Property Details | No Agent List