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$287,900

410 Southerland Ave, Mesquite, TX, 75150

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,796 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$160.3 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Electric Range
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Lot Size9,200 sqft

Building Information

Year Built1982
Stories1
Roof Type105
Garage Spaces2

Land Information

APN38201300040070000
Lot Number7
SubdivisionTimberland
Land UseResidential
Legal DescriptionTIMBERLAND BLK 4 LOT 7 60.59X13.65X115X80.20X91.92 INT202300032127 DD02162023 CO-DC 2013000400700 1CM20130004
Census Tract017814
Assessed Land Value$60,000
Assessed Improvement Value$200,830
Assessment Year2025

About this property

Handyman special in a prime Mesquite location! Breathe fresh life into this beautifully laid-out home featuring 3 bedrooms and 2 bathrooms. Some updates have been made along the way: large in-ground pool, security fence and gate, and new kitchen counters and backsplash. Wonderful large lot with nice curb appeal coupled with the backyard pool and pergola make you want to spend plenty of time enjoying the outside features. The oversized primary bedroom with an ensuite bathroom and walk-in closet is just the cherry on top. Located in a quiet neighborhood, you'll find yourself close to everything you may need and within amazing proximity to the highway. This home is conveniently located about 15 minutes from Downtown Dallas, nightlife, and restaurants. This home is priced to sell and ready for some sweat equity. Don't miss your chance to be a part of this delightful neighborhood!

Investor Tools

Property Icon
$275,000
Estimated Property Value
$265,109Estimated Mortgage Balance
$25,771Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,727 /month
Positive
Cash Flow Estimate:
$576 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$504/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,676
$260,830
2025
$60,000
$200,830
$260,830
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,676
$260,830

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Academy Mortgage Corp
Fha
$265,109
Yes
First
Feb 16, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$249,229
$25,771
9%
91%
$1,590/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,590/mo
+$382/mo
8.6%

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.

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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410 Southerland Ave | Property Details | No Agent List