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$270,400

4232 Flamingo Way Fl Amingo, Mesquite, TX, 75150

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,926 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$118.9 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop, Electric Oven, Electric Range
FlooringCeramic Tile

Exterior

Lot Size4,879 sqft

Building Information

Year Built1986
Stories1
Roof Type105

Land Information

APN380601900F0160000
Lot Number16
SubdivisionEast Meadows Village
Land UseResidential
Legal DescriptionEAST MEADOWS VILLAGE BLK F LT 16 INT202300076274 DD04192023 CO-DC 0601900F01600 1CM0601900F
Census Tract017806
Assessed Land Value$55,000
Assessed Improvement Value$215,400
Assessment Year2025

About this property

Wonderful opportunity in sought after North Mesquite. Spacious home with professionally converted garage perfect for gameroom, additional bedroom or even movie room. Open concept with kitchen overlooking dining and living spaces, skylight for natural lighting and breakfast bar for extra seating. Bedrooms are good size and owners suite has walk in closet, large bath with double sinks and windows overlooking back. Side door in living leads to yard as well as added covered patio by gate. Lots of potential on this one, bring your decorators ideas! Estate sale will be as-is.

Investor Tools

Property Icon
$270,400
Estimated Property Value
$276,892Estimated Mortgage Balance
$0Estimated Equity
-2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,622 /month
Positive
Cash Flow Estimate:
$541 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$672/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,712
$270,400
2025
$55,000
$215,400
$270,400
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,712
$270,400

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Stand Alone Second / Subordinate Position
$276,892
No
First
Apr 19, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$522,420
N/A
0%
193%
$3,322/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$3,322/mo
$-1,350/mo
8.8%

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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