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$285,000

NAL Estimated Property Value

601 Futrelle Street, Mesquite, TX, 75149

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,909 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$110.01 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Gas Water Heater
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters
Lot Size7,750 sqft

Building Information

Year Built1974
Stories2
Roof Type105
Garage Spaces4

Land Information

APN38011500020160000
Lot Number16
SubdivisionBroadmoor
Land UseResidential
Legal DescriptionBROADMOOR ESTATES 4 1ST SEC BLK B LT 16 INT202000273720 DD09302020 CO-DC 0115000201600 1CM01150002
Census Tract017706
Assessed Land Value$70,000
Assessed Improvement Value$211,440
Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED! H&B BY SUNDAY 8-16 AT 6PM! Welcome Home!! Beautiful updated 3 Bedroom 2.1 Bath 2 Story home, with tons of updates! Updates include Bathroom Vanities, Light Fixtures, Flooring, New Dual Master Sinks, Paint and HVAC system is only 3 Months old!! This home is very maintained in a Great Neighborhood close to schools. Also includes a well groomed large yard with lots of shade and covered porch in the back for entertaining. Your new home has a rear entry garage and covered carport for extra parking. This home is a MUST see and will not last long so Schedule your appointment today!

Investor Tools

Property Icon
$285,000
Estimated Property Value
$185,312Estimated Mortgage Balance
$99,688Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,710 /month
Positive
Cash Flow Estimate:
$570 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$546/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,132
$281,440
2025
$70,000
$211,440
$281,440
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,132
$281,440

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lhm Financial Corp
Fha
$208,160
Yes
First
Sep 30, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$185,312
$99,688
34%
65%
$1,249/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,249/mo
+$723/mo
8.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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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601 Futrelle Street | Property Details | No Agent List