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$301,000

NAL Estimated Property Value

601 Wedgewood Drive, Mesquite, TX, 75150

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,966 Sq Ft
price_per_sqft$152.34 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Gas Water Heater
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Lot Size10,192 sqft

Building Information

Year Built1987
Stories1
Roof Type105
Garage Spaces2

Land Information

APN38007710010120000
Lot Number12
SubdivisionBradford Park
Land UseResidential
Legal DescriptionBRADFORD PARK PH 2 BLK 1 LOT 12 INT202400077291 DD04112024 CO-DC 0077100101200 1CM00771001
Census Tract017814
Assessed Land Value$75,000
Assessed Improvement Value$225,500
Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED! DEADLINE FOR ALL OFFERS IS THURSDAY JUNE 9 BY 10:00am. Located in the heart of shopping, dining and entertainment this home is ready for you. This neighborhood is the perfect place to call home. Plenty of open space for all your family gatherings. This 3 bedroom 2 bath with a cozy fireplace and picture frame paneling will you give you all the feels. There is an office or the room could easily be turned into an extra bedroom. Come put your own magical touch in this home. This is a perfect starter home or investment opportunity as well.

Investor Tools

Property Icon
$301,000
Estimated Property Value
$745,274,293Estimated Mortgage Balance
$301,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,806 /month
Positive
Cash Flow Estimate:
$602 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$744/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,424
$300,500
2025
$75,000
$225,500
$300,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,424
$300,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Barclays Bank Plc
Commercial
$774,310,000
No
First
Apr 11, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$745,274,293
N/A
0%
247599%
$4,642,380/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$4,642,380/mo
$-4,640,408/mo
7.9%

City: Mesquite

601 Wedgewood Drive | Property Details | No Agent List