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$266,250

NAL Estimated Property Value

2924 Elder Dr, Mesquite, TX, 75150

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,405 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$177.45 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range
FlooringLaminate

Exterior

Lot Size7,319 sqft

Building Information

Year Built1959
Stories1
Roof Type105

Land Information

APN38038500150290000
Lot Number29
SubdivisionCasa View Heights 2nd
Land UseResidential
Legal DescriptionCASA VIEW HEIGHTS 18 2ND INST BLK 15 LOT 29 INT202300107170 DD05312023 CO-DC 0385001502900 1CM03850015
Census Tract018001
Assessed Land Value$55,000
Assessed Improvement Value$211,250
Assessment Year2025

About this property

Welcome to this beautifully updated 4 bedroom, 1.5 bath home! This charming property boasts a spacious 1,405 square feet of living space, providing plenty of room for the whole family to enjoy. The house has undergone a complete transformation, with new gas lines, kitchen cabinets, quartz countertops, lighting fixtures, and a brand new roof. Foundation has been repaired. You'll love the modern touches throughout the home, including the new smooth top stove, new dishwasher both stainless steel along with new laminate flooring throughout. The kitchen is a chef's dream, with plenty of counter space and ample storage in the new cabinets. Stay comfortable all year round with the Nest HVAC thermostat, which allows you to control the temperature from your phone or tablet. The home also features a security system for added peace of mind. Don't miss your chance to make this stunning home yours! Contact us today to schedule a viewing

Investor Tools

Property Icon
$266,250
Estimated Property Value
$212,623Estimated Mortgage Balance
$53,627Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,598 /month
Positive
Cash Flow Estimate:
$533 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$626/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,177
$266,250
2025
$55,000
$211,250
$266,250
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,177
$266,250

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$225,000
No
First
May 31, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$212,623
$53,627
20%
80%
$1,349/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,349/mo
+$1,223/mo
11.6%

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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2924 Elder Dr | Property Details | No Agent List