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$279,999

2505 Saddlehorn Dr, Mesquite, TX, 75181

$306,934 ARVInfo
PendingInfo
Beds4 Beds
Baths3 Bath
Baths2,907 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$96.32 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

BankruptcyPre-ForeclosureDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesPrivate Yard
Lot Size8,403 sqft

Building Information

Year Built2001
Stories2
Roof Type105
Garage Spaces2

Land Information

APN381535900A0110000
Lot Number11
SubdivisionParkchase
Land UseResidential
Legal DescriptionPARKCHASE PH 1 BLK A LT 11 INT200600385860 DD10162006 CO-DC 1535900A01100 1CM1535900A
Census Tract017310
Assessed Land Value$75,000
Assessed Improvement Value$286,060
Assessment Year2025

About this property

Price Improvement! Strategically priced to reflect cosmetic updates and landscaping needed! This home presents an opportunity for buyers to build equity through improvements. Ideal for owner-occupants or investors seeking value-add potential. A spacious home in an established neighborhood, it boast o over 2,900 sq ft (per tax appraisal) with a flexible layout featuring 4 bedrooms and 3 living areas. Recent updates include improved flooring, a newer AC system, and roof updates. A recent foundation inspection report is available for buyer review. Seller is open to concessions, providing additional flexibility in today’s market. May qualify for first-time homebuyer programs—see listing agent for details. Buyer to independently verify all information, including measurements, condition, and program eligibility. Catch the Virtual Open House!

Investor Tools

$76,013Estimated Mortgage Balance
$285,548Estimated Equity
78% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$306,933
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,166 /month
Positive
Cash Flow Estimate:
$722 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$642/month
$375/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,895
$361,060
2025
$75,000
$286,060
$361,060
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,895
$361,060

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Cit Group-Consumer Finance Inc
Unknown
$126,400
No
First
Oct 13, 2006
Nov 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$76,013
$285,047
78%
21%
$948/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,830/mo
$1,323/mo
+$2,507/mo
12.7%

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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2505 Saddlehorn Dr | Property Details | No Agent List