$226,420
NAL Estimated Property Value3808 Emerald Drive, Mesquite, TX, 75150
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesNone
FlooringConcrete
Exterior
Lot Size9,945 sqft
Building Information
Year Built1964
Stories1
Roof Type105
Garage Spaces1
Land Information
APN38203500060330000
Lot Number33
SubdivisionTown East
Land UseResidential
Legal DescriptionTOWN EAST ESTATES 2 BLK F LOT 33 85X117.94X42.4X118.01 INT202200153456 DD05312022 CO-DC 2035000603300 1CM20350006
Census Tract017806
Assessed Land Value$65,000
Assessed Improvement Value$161,420
Assessment Year2025
About this property
Great investment opportunity! This is an amazing opportunity to own your own home or add to your investment portfolio. This home can be a charmer with the right updates, it is waiting for a makeover! We know this home needs a new roof, foundation work, a new HVAC system and cosmetic work. This home is in a multiple offer situation. Highest and best offers need to be submitted by Friday at noon.
Investor Tools
$226,420
Estimated Property Value
$223,846Estimated Mortgage Balance
$2,574Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,359 /month
Positive
Cash Flow Estimate:
$453 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$481/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,638
$226,420
2025
$65,000
$161,420
$226,420
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,638
$226,420
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texasbank
Conventional
$233,750
No
First
May 31, 2022
Jun 2042
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$223,846
$2,574
1%
99%
$1,614/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,614/mo
+$358/mo
10.5%
