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$279,900

625 Roundtree Dr, Mesquite, TX, 75150

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,935 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$144.65 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Vented Exhaust Fan
FlooringBamboo, Carpet, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size7,130 sqft

Building Information

Year Built1982
Stories1
Roof Type105
Garage Spaces2

Land Information

APN38238770510140000
Lot Number14
SubdivisionWillow Glen
Land UseResidential
Legal DescriptionWILLOW GLEN 2 BLK A LOT 14 INT202300219283 DD10252023 CO-DC 2387705101400 1CM23877051
Census Tract017814
Assessed Land Value$50,000
Assessed Improvement Value$233,390
Assessment Year2025

About this property

4-2-2 Just a short walk to Austin Park Elementary School and Poteet High School. Property is priced to sell fast and offered AS-IS. Seller to make no repairs. Home is equipped with a handicap ceiling lift system.

Investor Tools

Property Icon
$283,390
Estimated Property Value
$258,750Estimated Mortgage Balance
$36,794Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,700 /month
Positive
Cash Flow Estimate:
$567 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$666/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,575
$283,390
2025
$50,000
$233,390
$283,390
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,575
$283,390

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sierra Madre Fund 2 Llc
Building Or Construction Loan
$258,750
No
First
Oct 24, 2023
Dec 2024

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$246,596
$36,794
12%
87%
$1,552/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,552/mo
+$420/mo
8.4%

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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625 Roundtree Dr | Property Details | No Agent List