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$233,000

3563 La Prada Dr, Mesquite, TX, 75150

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,218 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$143.68 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop
FlooringCarpet, Vinyl

Exterior

Lot Size8,750 sqft

Building Information

Year Built1957
Stories1
Roof Type105
Garage Spaces2

Land Information

APN38047500110010000
Lot Number1
SubdivisionCountry Club
Land UseResidential
Legal DescriptionCOUNTRY CLUB ESTATES 1 BLK 11 LT 1 INT202400093748 DD05032024 CO-DC 0475001100100 1CM04750011
Census Tract018001
Assessed Land Value$75,000
Assessed Improvement Value$119,970
Assessment Year2025

About this property

A perfect opportunity for a FIXER UPPER! Probably needs everything but has some great features such as 3 bedrooms, 2 full bathrooms. Large backyard and corner LOT. LARGE covered 18 X 11 Cabana in the back yard. Great Space for just about anyone. The 24.5 x 18.6 garage has an entrance across the back yard in two places. The overhead door is on the Sarazen side of the corner LOT. Backyard also features a playground area for the kiddos and open patio. Everything needs cleaned up and repaired including but not limited to just about everything. There once was a fireplace but was removed. The fireplace is only a decorative feature. Estate property. No seller's disclosure notice. SELLER IS Estate of Ngarge Adia Shaw

Investor Tools

Property Icon
$233,000
Estimated Property Value
$222,000Estimated Mortgage Balance
$18,978Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,398 /month
Positive
Cash Flow Estimate:
$466 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$427/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,957
$194,970
2025
$75,000
$119,970
$194,970
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,957
$194,970

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Joe Luong
Building Or Construction Loan
$222,000
No
First
May 3, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$214,022
$18,978
8%
92%
$1,332/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,332/mo
+$640/mo
10.2%

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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3563 La Prada Dr | Property Details | No Agent List