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$234,530

NAL Estimated Property Value

4741 Salem Dr, Mesquite, TX, 75150

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,165 Sq Ft
price_per_sqft$210.3 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Gas Range, Refrigerator

Exterior

Lot Size7,161 sqft

Building Information

Year Built1958
Stories1
Roof Type105
Garage Spaces2

Land Information

APN38037500050300000
Lot Number30
SubdivisionCasa View Heights
Land UseResidential
Legal DescriptionCASA VIEW HEIGHTS 18 BLK 5 LT 30 INT202400042518 DD02292024 CO-DC 0375000503000 1CM03750005
Census Tract018001
Assessed Land Value$55,000
Assessed Improvement Value$179,530
Assessment Year2025

About this property

Assumable VA Loan Available with Low Interest If Qualifications Are Met! Inquire For Details. Welcome to 4741 Salem Drive! This charming 3-bedroom, 2-bathroom house is now available for sale. Nestled in a quiet neighborhood, this property offers a serene and peaceful atmosphere. The interior boasts granite countertops, creating a stylish and modern feel. Enjoy the covered patio, perfect for outdoor relaxation. With 2 covered parking spaces and a less than 2-year-old internal HVAC system, convenience and comfort are ensured. This home also provides quick access to the freeway, shopping centers, and dining options. Additionally, a refrigerator, washer and dryer are included with the sale of the home. Don't miss out on this opportunity to own this spacious living room haven!

Investor Tools

Property Icon
$234,530
Estimated Property Value
$223,293Estimated Mortgage Balance
$11,237Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,470 /month
Positive
Cash Flow Estimate:
$490 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$338/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,888
$234,530
2025
$55,000
$179,530
$234,530
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,888
$234,530

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$232,750
No
First
Feb 29, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$223,293
$11,237
4%
95%
$1,396/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,396/mo
+$576/mo
10.1%

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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4741 Salem Dr | Property Details | No Agent List