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B+
NoAgentList RatingHow are grades calculated? Info

$250,000

405 Lookout Mountain Trail, Mesquite, TX, 75149

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,461 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$130.05 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal
FlooringCeramic Tile, Laminate

Exterior

Lot Size4,991 sqft

Building Information

Year Built1986
Stories1
Roof Type105
Garage Spaces2

Land Information

APN380601600J0210000
Lot Number21
SubdivisionEast Glen
Land UseResidential
Legal DescriptionEAST GLEN PH 2 BLK J LOT 21 INT202000170123 DD06192020 CO-DC 0601600J02100 1CM0601600J
Census Tract017311
Assessed Land Value$60,000
Assessed Improvement Value$166,390
Assessment Year2025

About this property

Charming 3 Bedroom 2 Bath with 2 Rear Entry Car Garage on a Cul-de-Sac near the Heart of Mesquite. This beautiful home features custom hand texture throughout the house and Roof, fence, garage door and gutters replaced in 2012. Retaining wall and mail box done in stone in 2018. Seller offering $5000 towards closing cost with a full price offer!!!

Investor Tools

Property Icon
$250,000
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$542/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,252
$226,390
2025
$60,000
$166,390
$226,390
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,252
$226,390

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Morgan Stanley Mortgage Capital Holdings
Commercial
$583,005,000
No
First
Nov 23, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$533,396,223
N/A
0%
213358%
$3,495,410/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$3,495,410/mo
$-3,493,438/mo
9.5%

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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405 Lookout Mountain Trail | Property Details | No Agent List