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$215,490

NAL Estimated Property Value

314 Welch Avenue, Mesquite, TX, 75149

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,084 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$147.6 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCeramic Tile, Wood

Exterior

Lot Size5,650 sqft

Building Information

Year Built1950
Stories1
Roof Type105

Land Information

APN38000500720020100
Lot Number2-3
SubdivisionOrig Town Mesquite
Land UseResidential
Legal DescriptionORIG TOWN MESQUITE BLK 72 PT LTS 2 & 3 INT202000315128 DD11112020 CO-DC 0005007200201 1CM00050072
Census Tract017706
Assessed Land Value$35,000
Assessed Improvement Value$180,490
Assessment Year2025

About this property

Charming and cozy home! This updated home features 3 bedroom, 1 bath. Fresh paint throughout interior and exterior, HVAC installed in July 2020, water heater installed in July 2020, remodeled bathroom, hand scraped wood floor entry, wood floor in all bedrooms, luxury vinyl plank throughout, washer and dryer connection, updated lighting and updated fans throughout the house, nice size yard, covered patio, minutes from school. Buyer and buyers agent is to verify all measurements and schools.

Investor Tools

Property Icon
$215,490
Estimated Property Value
$59,956Estimated Mortgage Balance
$155,534Estimated Equity
72% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,293 /month
Positive
Cash Flow Estimate:
$431 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$450/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,321
$215,490
2025
$35,000
$180,490
$215,490
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,321
$215,490

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Bank Financial
Conventional
$65,000
No
First
Nov 11, 2020
Dec 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$59,956
$155,534
72%
28%
$390/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$390/mo
+$1,582/mo
11.0%

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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314 Welch Avenue | Property Details | No Agent List