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$283,170

3622 Emerald Dr, Mesquite, TX, 75150

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,453 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$114.15 / sqft
Year BuiltBuilt in 1963

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Electric Range, Microwave
FlooringCombination, Vinyl

Exterior

Exterior FeaturesPrivate Yard
Lot Size7,200 sqft

Building Information

Year Built1963
Stories1
Roof Type105
Garage Spaces2

Land Information

APN38203500060470000
Lot Number47
SubdivisionTown East
Land UseResidential
Legal DescriptionTOWN EAST ESTATES 2 BLK F LOT 47 60X120 INT202500093446 DD05052025 CO-DC 2035000604700 1CM20350006
Census Tract017806
Assessed Land Value$65,000
Assessed Improvement Value$218,170
Assessment Year2025

About this property

Beautifully renovated home that combines modern style with everyday comfort, and the extra large primary room features a wood burning, stone fireplace and a private exterior door to the backyard. This move-in ready property has been updated from top to bottom, including all brand new appliances. The renovation features fresh contemporary paint, new lighting and fixtures throughout, plush new carpet, and a stylish butcher block countertop that adds warmth and character to the kitchen. The fully fenced backyard offers a private outdoor space perfect for relaxing or entertaining, while the finished two-car garage adds functionality and storage. Conveniently located near I-30 and I-635, this home provides easy access to shopping, dining, and major commuter routes. Don’t miss your chance to own a fully updated home in a prime Mesquite location.

Investor Tools

Property Icon
$283,170
Estimated Property Value
$266,581Estimated Mortgage Balance
$19,697Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,699 /month
Positive
Cash Flow Estimate:
$566 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$722/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,247
$283,170
2025
$65,000
$218,170
$283,170
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,247
$283,170

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Directions Equity Llc
Fha
$266,581
Yes
First
Sep 3, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$263,473
$19,697
6%
93%
$1,599/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,599/mo
+$373/mo
8.4%

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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