$232,460
NAL Estimated Property Value309 Newsom Road, Mesquite, TX, 75149
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
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
$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
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%
