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$256,190

NAL Estimated Property Value

338 Freeman Street, Mesquite, TX, 75149

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,350 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$159.26 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Cooktop, Gas Range, Other, Refrigerator
FlooringCeramic Tile, Vinyl, Wood

Exterior

Exterior FeaturesOther
Lot Size7,200 sqft

Building Information

Year Built1954
Stories1
Roof Type105
Garage Spaces1

Land Information

APN38148500030070000
Lot Number7
SubdivisionPaddy Heights
Land UseResidential
Legal DescriptionPADDY HEIGHTS 1 BLK C LOT 7 INT202200073235 DD03152022 CO-DC 1485000300700 1CM14850003
Census Tract017400
Assessed Land Value$45,000
Assessed Improvement Value$211,190
Assessment Year2025

About this property

Sharp updated Kitchen with granite countertops and backsplash. Priceless (4) bedroom (2) bath Home. Magnificent Artist Rendering and Hand-Painted Portrait of Jesus's Famous (Last Super Scene) Welcomes and Adorns the Main Dining Room Wall. Hand crafted wood-work in selected areas of the house. Master bathroom, and flooring throughout, with lots of updates with new paint, and dual purposed Laundry area can also be used for an additional Living space and or game room. Fully fenced and oversized backyard, perfect for family gatherings. Nice front porch. Home is in the Highly Sought after addition of MESQUITE HIGHLANDS. Convenient access to shopping, dining, entertainment and schools are all near by.

Investor Tools

Property Icon
$256,190
Estimated Property Value
$203,823Estimated Mortgage Balance
$52,367Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,537 /month
Positive
Cash Flow Estimate:
$512 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$602/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,944
$256,190
2025
$45,000
$211,190
$256,190
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,944
$256,190

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texasbank
Conventional
$216,125
No
First
Mar 15, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$203,823
$52,367
20%
80%
$1,326/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,326/mo
+$1,246/mo
12.0%

City: Mesquite

338 Freeman Street | Property Details | No Agent List