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$317,000

2820 Island Wren Dr, Mesquite, TX, 75181

PendingInfo
Beds4 Beds
Baths2 Bath
Baths2,638 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$120.17 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

BankruptcyAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range
FlooringCeramic Tile, Laminate, Vinyl

Exterior

Lot Size6,865 sqft

Building Information

Year Built2004
Stories2
Roof Type105
Garage Spaces2

Land Information

APN380874800I0340000
Lot Number34
SubdivisionFalcons Lair Ph 1b
Land UseResidential
Legal DescriptionFALCONS LAIR PH 1B BLK I LT 34 INT202000105704 DD04222020 CO-DC 0874800I03400 1CM0874800I
Census Tract017313
Assessed Land Value$65,000
Assessed Improvement Value$282,200
Assessment Year2025

About this property

This spacious two-story home offers 4 bedrooms, 2.5 baths, and multiple living areas designed for comfortable everyday living. The main level features an inviting living space with a wood-burning fireplace, a dedicated dining area, and an eat-in kitchen ideal for gathering. Upstairs, the primary suite includes a garden tub, separate shower, dual vanities, and a walk-in closet. Enjoy community amenities such as a clubhouse, pool, park, and playground, all conveniently located near major roads, shopping, and Mesquite ISD schools. Seller is a realtor.

Investor Tools

$170,171Estimated Mortgage Balance
$178,455Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,083 /month
Positive
Cash Flow Estimate:
$694 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$800/month
$510/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,861
$347,200
2025
$65,000
$282,200
$347,200
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,861
$347,200

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Us Bank Na
Conventional
$193,125
No
First
Apr 22, 2020
May 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$170,171
$177,029
50%
49%
$1,158/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,830/mo
$1,668/mo
+$2,162/mo
13.2%

City: Mesquite

2820 Island Wren Dr | Property Details | No Agent List