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$258,000

NAL Estimated Property Value

609 Via La Paloma, Mesquite, TX, 75150

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,698 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$152.53 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Off-Market ListAbsentee OwnerVacant Homes

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Refrigerator
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesLighting, Private Yard
Lot Size4,600 sqft

Building Information

Year Built1981
Stories1
Roof Type105
Garage Spaces2

Land Information

APN38149800010710000
Lot Number71
SubdivisionPalos Verdes
Land UseResidential
Legal DescriptionPALOS VERDES 9 BLK 1 LOT 71 40X115 INT202500015458 DD01242025 CO-DC 1498000107100 1CM14980001
Census Tract017808
Assessed Land Value$50,000
Assessed Improvement Value$169,880
Assessment Year2025

About this property

Room for everyone and everything! This versatile Mesquite home offers multiple living areas, 4 bedrooms, 2 baths—one of which is a flex room divided into two spaces, perfect for a home office, storage, game room, or extra sleeping area. Recent updates include a new HVAC, new roof, luxury vinyl plank flooring, updated kitchen and baths, new carpet, fresh paint, and updated landscaping. Vaulted ceilings, skylights, wainscoting, and a cozy gas log fireplace add charm, while remote-controlled ceiling fans and modern lighting offer convenience. The private backyard features a new fence and a patio perfect for relaxing or entertaining. Located on a quiet cul-de-sac with direct access to the Mesquite Heritage Trail and across from Palos Verdes Lake Park, you’ll enjoy nearby playgrounds, sports courts, picnic areas, shopping, dining, golf, Lake Ray Hubbard, and easy highway access.

Investor Tools

Property Icon
$258,000
Estimated Property Value
$252,092Estimated Mortgage Balance
$5,908Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,554 /month
Positive
Cash Flow Estimate:
$518 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$373/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,185
$219,880
2025
$50,000
$169,880
$219,880
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,185
$219,880

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prime Lending Inc
Fha
$254,308
Yes
First
Nov 24, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$252,092
$5,908
2%
98%
$1,525/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$1,525/mo
+$40/mo
7.3%

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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609 Via La Paloma | Property Details | No Agent List