Last 24 Hours
$296,940
NAL Estimated Property Value3732 Flamingo Way Fl Amingo, Mesquite, TX, 75150
Off Market
3 Beds
2 Bath
1,514 Sq Ft
$118.89 / sqft
Built in 1961Property Lead Type:
Off-Market ListAbsentee OwnerHigh EquityCash Buyers
Highlights
Interior
Bedrooms 3
Bathrooms Full 1Bathrooms Half 1
Garage Available
Heating Central
CoolingAppliancesDishwasher, Gas Cooktop
FlooringConcrete, Tile, Wood
Exterior
Lot Size9,600 sqft
Building Information
Year Built1961
Stories1
Roof Type105
Garage Spaces2
Land Information
APN38202500090010000
Lot Number1
SubdivisionTown East
Land UseResidential
Legal DescriptionTOWN EAST ESTATES BLK I LT 1 80X120 INT202400094776 DD05092024 CO-DC 2025000900100 4CM20250009
Census Tract017806
Assessed Land Value$60,000
Assessed Improvement Value$236,940
Assessment Year2025
About this property
2 bedroom 1 and a half bath fixer upper that was a 3 bedroom and could be converted back. Converted garage is now large living area with a fireplace and laundry room. Property is offered AS-IS, and the seller will make no repairs. Property will not qualify for traditional financing in its current condition.
Investor Tools
$296,940
Estimated Property Value
$0Estimated Mortgage Balance
$296,940Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,782 /month
Positive
Cash Flow Estimate:
$594 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$197/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$880
$296,940
2025
$60,000
$236,940
$296,940
No
Tax History
Year
Tax Paid
Assessed Value
2024
$880
$296,940
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$296,940
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
N/A
+$1,972/mo
8.0%
12.4%