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$232,460

NAL Estimated Property Value

309 Newsom Road, Mesquite, TX, 75149

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,092 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$187.73 / sqft
Year BuiltBuilt in 1952

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size9,075 sqft

Building Information

Year Built1952
Stories1
Roof Type105

Land Information

APN38134500010060000
Lot Number6
SubdivisionNewsom
Land UseResidential
Legal DescriptionNEWSOM ESTATES 2 BLK A LT 6 55X165.5X45X14.1X155.5 INT202200143395 DD05192022 CO-DC 1345000100600 1CM13450001
Census Tract017400
Assessed Land Value$55,000
Assessed Improvement Value$177,460
Assessment Year2025

About this property

3 bedroom, 2 full bath Mid-Century Traditional home across from Florence Elementary. Fresh new paint and new dishwasher. Very large backyard with chain-link fence around part of it (property line goes back farther than fence) great for kids and pets, with a small shed in the back. Information deemed reliable but not guaranteed. Listing agent assumes no responsibility for inaccuracies, including room sizes, survey, etc.

Investor Tools

Property Icon
$232,460
Estimated Property Value
$206,398Estimated Mortgage Balance
$26,062Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,395 /month
Positive
Cash Flow Estimate:
$465 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$434/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,048
$232,460
2025
$55,000
$177,460
$232,460
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,048
$232,460

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homebridge Financial Services Inc
Conventional
$223,100
No
First
May 19, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$206,398
$26,062
11%
89%
$1,338/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,338/mo
+$634/mo
10.2%

City: Mesquite

309 Newsom Road | Property Details | No Agent List