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$299,020

3131 Owen Ln, Mesquite, TX, 75150

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,604 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$193.2 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Microwave
FlooringCarpet, Tile

Exterior

Lot Size7,920 sqft

Building Information

Year Built1984
Stories1
Roof Type105
Garage Spaces2

Land Information

APN380746200U0310000
Lot Number31
SubdivisionEastwood
Land UseResidential
Legal DescriptionEASTWOOD ESTATES PH 2 REP BLK U LT 31 INT202300148504 DD07072023 CO-DC 0746200U03100 1CM0746200U
Census Tract017820
Assessed Land Value$65,000
Assessed Improvement Value$234,020
Assessment Year2025

About this property

Recently remodeled home in Mesquite includes replaced roof, popcorn ceiling removal, paint inside and out including fireplace, ceramic tile, all appliances, all new cabinets throughout, AC Fan Blower, lighting fixtures, and more! This mature neighborhood with large trees is only about 1.5 miles from Town East Mall and close proximity to tons of restaurants and shopping. It also offers lots of parking in front and back with NO HOA!

Investor Tools

Property Icon
$299,020
Estimated Property Value
$247,920Estimated Mortgage Balance
$60,784Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,859 /month
Positive
Cash Flow Estimate:
$620 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$703/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,937
$299,020
2025
$65,000
$234,020
$299,020
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,937
$299,020

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Stand Alone Second / Subordinate Position
$247,920
No
First
Mar 20, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$238,236
$60,784
20%
80%
$1,487/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,487/mo
+$485/mo
7.9%

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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3131 Owen Ln | Property Details | No Agent List