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$310,330

NAL Estimated Property Value

322 Teakwood St, Mesquite, TX, 75149

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,725 Sq Ft
price_per_sqft$172.58 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Cooktop
FlooringCarpet, Luxury Vinyl Plank

Exterior

Lot Size7,200 sqft

Building Information

Year Built1970
Stories1
Roof Type105
Garage Spaces1

Land Information

APN38124500030050000
Lot Number5
SubdivisionMesquite Highlands
Land UseResidential
Legal DescriptionMESQUITE HIGHLANDS BLK 3 LT 5 INT202300100653 DD05222023 CO-DC 1245000300500 1CM12450003
Census Tract017311
Assessed Land Value$55,000
Assessed Improvement Value$255,330
Assessment Year2025

About this property

Welcome to this recently renovated contemporary home with an open floor plan that's perfect for modern living. The kitchen features custom shaker style cabinetry, beautiful genuine marble countertops and eat-in bar. New brushed bronze kitchen faucet and cabinet pulls, brand new stainless steel gas cooktop stove and the dining room and kitchen both have modern lighting fixtures. Custom crown molding throughout living room, kitchen, dining room and all bedrooms. This home has four bedrooms and two and a half bathrooms, all of which have been updated with stylish, designer tile. The bedrooms are carpeted, and the rest of the home features luxury waterproof flooring. The one-car garage provides ample space for parking and storage. Nice backyard with storage shed. **Update - Multiple Offers- All BEST and Final Offers due by Monday May 1st at 5 pm to be considered. Potential buyer will be notified on Tues May 2nd.

Investor Tools

Property Icon
$310,330
Estimated Property Value
$296,270Estimated Mortgage Balance
$14,060Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,862 /month
Positive
Cash Flow Estimate:
$621 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$729/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,200
$310,330
2025
$55,000
$255,330
$310,330
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,200
$310,330

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Fha
$304,385
Yes
First
May 22, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$296,270
$14,060
4%
95%
$1,880/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,880/mo
+$692/mo
9.9%

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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322 Teakwood St | Property Details | No Agent List