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Days60Days on Market
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$190,000

$212,500

3107 Hula Dr, Mesquite, TX, 75150

On MarketInfo
Price DropInfo
Beds4 Beds
Baths2 Bath
Baths1,492 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$127.35 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Range, Microwave, Refrigerator, Vented Exhaust Fan

Exterior

Lot Size7,200 sqft

Building Information

Year Built1961
Stories1
Roof Type105

Land Information

APN38203500020180000
Lot Number18
SubdivisionTown East
Land UseResidential
Legal DescriptionTOWN EAST ESTATES 2 BLK B LT 18 INT201900017153 DD01182019 CO-DC 2035000201800 4CM20350002
Census Tract017806
Assessed Land Value$60,000
Assessed Improvement Value$168,520
Assessment Year2025

About this property

Cash Only! MUST SUBMIT ALL HIGHEST AND BEST CASH OFFERS BY MONDAY at NOON. MUST PRESENT PROOF OF FUNDS and FULLY COMPLETED 1 to 4 CONTRACT. NO LETTERS OF INTENT. The purchase agreement must reflect an AS IS disclosure to the contract. If your buyer is an LLC, we will need the FULL articles of incorporation for your buyer. It must be complete with all managing members listed, with percentages of shares or it must state sole member. Please also be advised if the LLC reflect an additional LLC, we will need them too. If the buyer is in a trust, Bank will need all pages of the trust documents. The buyer’s proof of funds must cover the entire purchase agreement, must be dated within the last 30 days, and must reflect the buyers name as stated on the HUD and purchase agreement. Incredible Investment Opportunity! This property is packed with potential and ready for the right investor or flipper. Fully remodeled in 2019, it offers 4 bedrooms, 2 full bathrooms, granite countertops, updated cabinetry, gas range and beautifully remodeled bathrooms. Recently replaced water heater and HVAC system. The entire home does need all new flooring. Ideal project for those looking to add value. Conveniently located near major highways, shopping, and downtown Dallas, this property offers excellent upside in a highly accessible location. Whether you’re looking for your next flip, rental investment, or owner occupant renovation project, this is an opportunity you won’t want to miss. Cash buyers only. Property is being sold as-is. Seller is not entertaining lowball offers. Margins are tight and offers should be at or above the list price. Serious inquiries only. Call Showingtime to schedule. Please see previous MLS#13983046 although property is now in need of major junk haul away and deep cleaning. Schedule your appointment today!

Investor Tools

$192,841Estimated Mortgage Balance
$36,393Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,371 /month
Positive
Cash Flow Estimate:
$457 /month

Interested in this property?

Beth Record

Monument Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$240/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,737
$228,520
2025
$60,000
$168,520
$228,520
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,737
$228,520

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$209,211
No
First
Apr 26, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$192,841
$67,159
25%
84%
$1,255/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,255/mo
+$1,317/mo
13.5%

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.

Explore Texas Explore This Area
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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3107 Hula Dr | Property Details | No Agent List