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$300,000

603 Rosedown Lane, Mesquite, TX, 75150

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,516 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$197.89 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCeramic Tile

Exterior

Exterior FeaturesStorage
Lot Size7,705 sqft

Building Information

Year Built1981
Stories1
Roof Type105
Garage Spaces2

Land Information

APN38238770540160000
Lot Number16
SubdivisionWillow Glen
Land UseResidential
Legal DescriptionWILLOW GLEN 2 BLK D LT 16 INT202200253018 DD09212022 CO-DC 2387705401600 1CM23877054
Census Tract017814
Assessed Land Value$50,000
Assessed Improvement Value$250,940
Assessment Year2025

About this property

Awesome 3-2-2 Mesquite home on a mature corner lot. Boasting numerous recent updates, this house is move-in ready! Bright and open living room with soaring ceilings and warm color tones greets you upon entry. Easily transition to the dining area that's placed perfectly in-between the kitchen and living room. The updated kitchen includes SS appliances, ample storage space and a large farm sink that overlooks the back patio and yard! Spacious master suite provides oodles of floor space and an updated vanity area. Two additional bedrooms create endless arrangement possibilities. Fully updated 2nd bathroom! Out back you will find an over-sized covered patio and detached storage shed. Fence was fully replaces in 2022, roof was replaced in 2019 and the exterior of the home received a fresh coat of paint in 2022 as well.

Investor Tools

Property Icon
$300,940
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% 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
$589/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,564
$300,940
2025
$50,000
$250,940
$300,940
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,564
$300,940

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southwest Funding Lp
Fha
$294,566
Yes
First
Sep 21, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$357,900
N/A
0%
119%
$2,296/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,296/mo
$-324/mo
7.9%

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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603 Rosedown Lane | Property Details | No Agent List