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$279,000

3317 Flamingo Way Fl Amingo, Mesquite, TX, 75150

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,417 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$115.43 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Range, Gas Water Heater
FlooringCarpet, Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size4,800 sqft

Building Information

Year Built1961
Stories1
Roof Type105

Land Information

APN38202500190120000
Lot Number12
SubdivisionTown East
Land UseResidential
Legal DescriptionTOWN EAST ESTATES BLK S LT 12 INT202200126780 DD05032022 CO-DC 2025001901200 1CM20250019
Census Tract017806
Assessed Land Value$65,000
Assessed Improvement Value$243,330
Assessment Year2025

About this property

Well established home on a large CORNER LOT. Spacious 3 bedroom, 1.5 bath with lots of living space for family enjoyment! Two living areas including a den with plenty of space that opens up to large family living area great for entertaining. Large covered patio and large backyard. Great home for family gatherings and entertaining. Minutes to major freeways, Towneast Mall, easy access to downtown Dallas, schools and services.

Investor Tools

Property Icon
$308,330
Estimated Property Value
$268,850Estimated Mortgage Balance
$59,607Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,850 /month
Positive
Cash Flow Estimate:
$617 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$663/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,409
$308,330
2025
$65,000
$243,330
$308,330
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,409
$308,330

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$268,850
No
First
May 3, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$248,723
$59,607
19%
81%
$1,612/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,612/mo
+$360/mo
7.7%

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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3317 Flamingo Way Fl Amingo | Property Details | No Agent List