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$313,610

NAL Estimated Property Value

4724 Shands Drive, Mesquite, TX, 75150

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,623 Sq Ft
price_per_sqft$132.47 / sqft
Year BuiltBuilt in 1966

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Cooktop, Microwave, Plumbed For Ice Maker, Refrigerator
FlooringCeramic Tile, Laminate

Exterior

Exterior FeaturesStorage
Lot Size7,680 sqft

Building Information

Year Built1966
Stories1
Roof Type105
Garage Spaces2

Land Information

APN38178500040290000
Lot Number29
SubdivisionShands
Land UseResidential
Legal DescriptionSHANDS ESTATES BLK D LT 29 INT202000319369 DD11162020 CO-DC 1785000402900 1CM17850004
Census Tract018001
Assessed Land Value$50,000
Assessed Improvement Value$263,610
Assessment Year2025

About this property

Welcome home to this charming 3 bedroom! Entertainment is easy with double doors off the living room leading to the oversized covered patio. Beautifully updated kitchen features a coffee bar and beverage fridge. Secondary rooms are joined with a jack and jill bathroom. Located off of 635 and I-30 for an easy commute to Downtown, Plano and Rowlett. Brand new roof as of Sept 2020. Inspection report attached. Please also see repair list with items checked in red that have been completed.

Investor Tools

Property Icon
$313,610
Estimated Property Value
$184,264Estimated Mortgage Balance
$129,346Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,882 /month
Positive
Cash Flow Estimate:
$627 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$577/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,356
$313,610
2025
$50,000
$263,610
$313,610
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,356
$313,610

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Town Square Mortgage & Investments Inc
Conventional
$206,150
No
First
Nov 16, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$184,264
$129,346
41%
59%
$1,236/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,236/mo
+$736/mo
7.5%

City: Mesquite

4724 Shands Drive | Property Details | No Agent List