$248,000
NAL Estimated Property Value4813 Shands Drive, Mesquite, TX, 75150
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesElectric Range, Microwave
FlooringCeramic Tile, Laminate
Building Information
Year Built1968
Stories1
Roof Type105
Garage Spaces2
Land Information
APN38178500010150000
SubdivisionShands Estates
Land UseResidential
Legal DescriptionSHANDS ESTATES BLK A LT 15 INT202100365627 DD12032021 CO-DC 1785000101500 1CM17850001
Census Tract018001
Assessment Year2025
About this property
MULTIPLE OFFERS RECEIVED. BEST AND FINAL by Wednesday Oct.6th at 8pm. 3 bedroom, 2 bath home, with an enclosed backyard for full use of the backyard. Across from the elementary school, walking distance to the middle school. All information is deemed reliable but not guaranteed. Buyer and buyer's agent to verify all information contained herein.
Investor Tools
$248,000
Estimated Property Value
$222,283Estimated Mortgage Balance
$25,717Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,488 /month
Positive
Cash Flow Estimate:
$496 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$558/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,454
$235,090
2025
N/A
N/A
$235,090
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,454
$235,090
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southwest Funding Lp
Conventional
$242,500
No
First
Dec 3, 2021
Jan 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$222,283
$25,717
10%
90%
$1,454/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,454/mo
+$518/mo
9.5%
