Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours

$634,280

NAL Estimated Property Value

2423 Picadilly Blvd, Mesquite, TX, 75149

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,384 Sq Ft
Unimproved LandUnimproved Land
Year BuiltBuilt in 1958

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating Floor/WallHeating Floor/Wall
CoolingCooling

Exterior

Lot Size3.91 acres

Building Information

Year Built1958
Stories1
Roof Type105
Garage Spaces1

Land Information

APN38180500001600000
SubdivisionSherwood Forest
Land UseResidential
Legal DescriptionSHERWOOD FOREST 1 LT.158,159,160,161 INT202200305871 DD07192021 CO-DC 1805000016000 1CM18050000
Census Tract017606
Assessed Land Value$510,970
Assessed Improvement Value$123,310
Assessment Year2025

About this property

Prime Development Opportunity. Nearly 4 Acres, Regular-Shaped Lot, 12 Miles from Downtown Dallas. Unlock the full potential of this rare, nearly 4-acre property located in a rapidly growing area of Mesquite. Just 12 miles from Downtown Dallas, quick access to I-635, Hwy 80, top-rated schools, shopping, & restaurants. The property consist of 4 individual lots (LT. 158, 159, 160, 161) a major advantage for developers seeking flexibility & exit strategies. Unlike many recently sold properties in the area with irregular lot shapes, this regular-shaped parcel allows for more efficient planning, optimal buildability, & streamlined construction. Surrounded by recent new construction, this location is primed for residential develop. Preliminary assessments suggest the potential to build at least 18 new homes, making it a standout investment in a high-demand market. Buyers are encouraged to consult with the City of Mesquite’s Planning Dept to explore development or rezoning possibilities.

Investor Tools

Property Icon
$634,280
Estimated Property Value
$0Estimated Mortgage Balance
$634,280Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,440 /month
Positive
Cash Flow Estimate:
$1,480 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,302/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,452
$634,280
2025
$510,970
$123,310
$634,280
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$12,452
$634,280

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$634,280
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
N/A
+$1,565/mo
3.0%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

2423 Picadilly Blvd | Property Details | No Agent List