$317,000
2820 Island Wren Dr, Mesquite, TX, 75181
Pending
Property Lead Type:
BankruptcyAbsentee OwnerHigh Equity
Highlights
Interior
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
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%
