$281,140
NAL Estimated Property Value2805 Spiceberry Lane, Mesquite, TX, 75149
Off Market
Property Lead Type:
Off-Market ListHigh EquityMove-In Ready
Highlights
Interior
AppliancesElectric Range, Plumbed For Ice Maker
FlooringCeramic Tile, Vinyl, Wood
Exterior
Exterior FeaturesRain Gutters
Lot Size7,800 sqft
Building Information
Year Built1973
Stories1
Roof Type105
Land Information
APN38188500560110000
Lot Number11
SubdivisionSkyline
Land UseResidential
Legal DescriptionSKYLINE 4 BLK 56 LOT 11 INT202000368363 DD12312020 CO-DC 1885005601100 1CM18850056
Census Tract017602
Assessed Land Value$60,000
Assessed Improvement Value$221,140
Assessment Year2025
About this property
Beautifully updated 3 bedroom, 2 bath in established neighborhood with beautiful trees. Home boasts open living with kitchen that opens to large living area and breakfast nook. Living area features a wood burning fireplace and all the space you need for entertaining. Outside you'll find a large backyard and oversized patio for year round outside fun! This one won't last long, be sure to make your appointment to see it today!
Investor Tools
$281,140
Estimated Property Value
$194,012Estimated Mortgage Balance
$87,128Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,687 /month
Positive
Cash Flow Estimate:
$562 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$661/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,522
$281,140
2025
$60,000
$221,140
$281,140
No
Tax History
Year
Tax Paid
Assessed Value
2024
$6,522
$281,140
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wallick & Volk Inc
Fha
$195,395
Yes
First
Dec 31, 2020
Jan 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$194,012
$87,128
30%
69%
$1,290/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,290/mo
+$682/mo
8.4%
