$271,010
NAL Estimated Property Value600 Grande Drive, Mesquite, TX, 75149
Off Market
Property Lead Type:
Off-Market ListHigh EquityMove-In Ready
Highlights
Interior
AppliancesPlumbed For Ice Maker
FlooringCarpet, Laminate, Wood
Exterior
Exterior FeaturesStorage
Lot Size9,610 sqft
Building Information
Year Built1953
Stories1
Roof Type105
Land Information
APN38125500030010000
Lot Number1
SubdivisionMesquite Park
Land UseResidential
Legal DescriptionMESQUITE PARK BLK 3 LT 1 INT202000279894 DD08062020 CO-DC 1255000300100 1CM12550003
Census Tract017400
Assessed Land Value$80,000
Assessed Improvement Value$191,010
Assessment Year2025
About this property
CORNER LOT WITH HUGE YARD!! Check out this super cute 4 bedroom with 2 baths and 2 living areas on a HUGE CORNER LOT! Beautifully redone hardwood floors throughout both living areas, hallway and secondary bedrooms. Generously sized bedrooms throughout with updated vanities in both bathrooms. Updated HVAC system, NEW sewer plumbing and granite counters in kitchen. HUGE backyard with beautiful trees AND storage shed. Excellent location close to EVERYTHING and Mesquite ISD!
Investor Tools
$271,010
Estimated Property Value
$6,456Estimated Mortgage Balance
$264,554Estimated Equity
97% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,626 /month
Positive
Cash Flow Estimate:
$542 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$487/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,490
$271,010
2025
$80,000
$191,010
$271,010
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,490
$271,010
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bancorpsouth Bank
Stand Alone Second / Subordinate Position
$7,266
No
First
Aug 6, 2020
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$6,456
$264,554
97%
2%
$44/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$44/mo
+$2,528/mo
11.4%
