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$256,000

NAL Estimated Property Value

3505 Gray Dr, Mesquite, TX, 75150

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,212 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$202.06 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater
FlooringWood

Exterior

Lot Size7,874 sqft

Building Information

Year Built1958
Stories1
Roof Type105
Garage Spaces1

Land Information

APN38033500110280000
Lot Number28
SubdivisionCasa View Heights 5th Sec
Land UseResidential
Legal DescriptionCASA VIEW HEIGHTS 16 5TH SEC BLK 11 LT 28 INT202300134820 DD07072023 CO-DC 0335001102800 1CM03350011
Census Tract017900
Assessed Land Value$50,000
Assessed Improvement Value$206,000
Assessment Year2025

About this property

Nicely updated home with NEW HVAC, interior paint, refreshed hdwood floors, cfans, & LED lighting. Updated kitchen has quartz ctops, stainless appliances, new flooring, & sink faucet. All new hall bath has NEW tub, wall tile, vanity cab, flooring, & lighting. Full size Laundry room off kitchen. Dining room overlooks the large backyard. New cfans in all bedrooms. Nicely landscaped. DISCLOSURES in list docs. Seller has NO SURVEY.

Investor Tools

Property Icon
$256,000
Estimated Property Value
$224,302Estimated Mortgage Balance
$31,698Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,536 /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
$5,939
$256,000
2025
$50,000
$206,000
$256,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,939
$256,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primary Residential Mortgage Inc
Conventional
$236,550
No
First
Jul 7, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$224,302
$31,698
12%
88%
$1,419/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,419/mo
+$553/mo
9.2%

City: Mesquite

3505 Gray Dr | Property Details | No Agent List