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Days589Days on Market
Views6view

$1,200,000

4260 Lasater, Balch Springs, TX, 75181

On MarketInfo
CommercialInfo
Beds4 Beds
Baths2 Bath
Baths2,557 Sq Ft
BusinessBusiness
Year BuiltBuilt in 1956

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
FlooringCarpet, Other

Exterior

Lot Size1.23 acres

Building Information

Year Built1956
Stories1
Roof Type105
Garage Spaces2

Land Information

APN65164423510070100
SubdivisionLewis Addition
Land UseResidential
Legal DescriptionI & G N RR CO ABST 1644 PG 235 TR 7.1 1.229 AC VOL2000094/0590 CO-DC 1644235100701 31216442351
Census Tract017315
Assessed Land Value$267,680
Assessed Improvement Value$266,120
Assessment Year2025

About this property

Great Location For Business Opportunity!! This 4.4 acre property is a major investment opportunity located near a prime area of Mesquite close to I20!! 3.1990 acres of lot is zoned as commercial and has a large horse barn and 1.2290 acres is zoned as residential for a total of approximately 4.4 acres!!! Included is a beautiful gated 4 Bedroom, 2 Bathroom, 2557 square foot home with pool and deck. This property has a total of two horse barns and two storage buildings that are included with the sale. Home is being sold as is but is move in ready but can be renovated or updated and used as a ranch or farm house. This is an up and coming area with new businesses, close to I20. There's lots of possibilities with property. Per seller this home has an Mesquite address but is in the city of Balch Springs. Check with city of Mesquite and Balch Springs for any restrictions! Come take a look and make your offer today!

Investor Tools

$77,110Estimated Mortgage Balance
$456,690Estimated Equity
85% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,200 /month
Positive
Cash Flow Estimate:
$2,400 /month

Interested in this property?

Jhante Penigar

VIP Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$356/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,600
$533,800
2025
$267,680
$266,120
$533,800
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,600
$533,800

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Washington Mutual Bank Fa
Credit Line (Revolving) / Heloc
$151,600
No
First
N/A
Sep 2016

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$77,110
$456,690
85%
14%
$540/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,830/mo
$540/mo
+$3,290/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.

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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: Balch Springs

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