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$210,000

3205 Kensington Drive, Mesquite, TX, 75150

$262,801 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,116 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$99.24 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Plumbed For Ice Maker
FlooringCarpet, Laminate

Exterior

Exterior FeaturesBalcony, Rain Gutters, Private Yard, Storage
Lot Size7,820 sqft

Building Information

Year Built1978
Stories1
Roof Type105
Garage Spaces2

Land Information

APN38044600040080000
Lot Number8
SubdivisionCollege Park
Land UseResidential
Legal DescriptionCOLLEGE PARK BLK D LT 8 INT202000086330 DD03262020 CO-DC 0446000400800 1CM04460004
Census Tract017820
Assessed Land Value$70,000
Assessed Improvement Value$251,110
Assessment Year2025

About this property

Great location in North Mesquite, walk to elem. and middle school, easy access to shopping and freeways! This home has so much potential with its vaulted ceilings, separate formal dining room, as well as an eat in kitchen. The backyard has a nice covered patio, board on board fence, and sparkling pool. Move right in and enjoy and put your personal touches on this well cared for home from original homeowners! Garage conversion adds an extra Livingroom or 4th bedroom. Two car carport with garage door privacy and plenty of room with extra backyard space away from pool area. Two sheds available for extra storage. Roof & HVAC replaced 3 yrs ago, Foundation has a lifetime transferrable warranty with Olshan. Call Now!

Investor Tools

Property Icon
$321,110
Estimated Property Value
$0Estimated Mortgage Balance
$158,448Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$262,800
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,927 /month
Positive
Cash Flow Estimate:
$642 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$515/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,573
$321,110
2025
$70,000
$251,110
$321,110
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,573
$321,110

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
M & T Bank
Conventional
$179,000
No
First
Mar 10, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$162,662
$158,448
49%
51%
$755/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$755/mo
+$1,817/mo
9.6%

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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3205 Kensington Drive | Property Details | No Agent List