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$231,900

3823 Emerald Dr, Mesquite, TX, 75150

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths960 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$241.56 / sqft
Year BuiltBuilt in 1961

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, Electric Cooktop, Electric Oven, Gas Water Heater
FlooringCarpet, Tile

Exterior

Lot Size7,800 sqft

Building Information

Year Built1961
Stories1
Roof Type105
Garage Spaces1

Land Information

APN38203500020040000
Lot Number4
SubdivisionTown East
Land UseResidential
Legal DescriptionTOWN EAST ESTATES 2 BLK B LOT 4 60X130.06 INT202300106527 DD05262023 CO-DC 2035000200400 1CM20350002
Census Tract017806
Assessed Land Value$65,000
Assessed Improvement Value$150,250
Assessment Year2025

About this property

This lovely home has been well maintained over the years by the current owners. New roof around 2017. New windows in 2011. Foundation work done last year along with all new PVC piping after a leak under the house, paperwork uploaded in MLS here. Bathroom remodeled in 2020. Some of the prego wood floor in living room has some damage, there is additional flooring in storage shed. Large, beautiful backyard with large storage shed, garden and landscaping, wood gate that opens up to the alley and a peaceful large covered back patio. Nice refrigerator that will stay. Inviting front porch. Wonderful home for entertaining both inside and outside! Additional information from various repairs and updates will be in folders on the kitchen counters.

Investor Tools

Property Icon
$215,250
Estimated Property Value
$237,628Estimated Mortgage Balance
$0Estimated Equity
-10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,391 /month
Positive
Cash Flow Estimate:
$464 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$526/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,236
$215,250
2025
$65,000
$150,250
$215,250
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,236
$215,250

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Va
$237,628
Yes
First
Sep 12, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$234,857
N/A
0%
109%
$1,425/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,425/mo
+$547/mo
11.0%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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3823 Emerald Dr | Property Details | No Agent List