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$246,750

NAL Estimated Property Value

633 Rancho Drive, Mesquite, TX, 75149

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,436 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$125.28 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Gas Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Lot Size4,773 sqft

Building Information

Year Built1985
Stories1
Roof Type105
Garage Spaces2

Land Information

APN38158790010100000
Lot Number10
SubdivisionPioneer
Land UseResidential
Legal DescriptionPIONEER BLK 1 LOT 10 INT201900262990 DD09302019 CO-DC 1587900101000 1CM15879001
Census Tract017400
Assessed Land Value$50,000
Assessed Improvement Value$196,750
Assessment Year2025

About this property

Back on the market. Buyer lending fell apart. When it comes to curb appeal and a cute exterior, this home has it. Equally important is that is also cute inside. The first level has an ample living room centered around the gas fireplace. Just off the living room is the dining room that is large enough for a few people or can be scaled down for a minimal style. The galley kitchen has a large opening that allows for an open feel. This is a two story home, with the master bedroom on the first floor. On the second floor you will find an open area that can be considered a second living area. It's cozy and great for a reading area or open study.

Investor Tools

Property Icon
$246,750
Estimated Property Value
$174,161Estimated Mortgage Balance
$72,589Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,481 /month
Positive
Cash Flow Estimate:
$494 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$510/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,883
$246,750
2025
$50,000
$196,750
$246,750
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,883
$246,750

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Fha
$176,739
Yes
First
Sep 30, 2019
Oct 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$174,161
$72,589
29%
71%
$1,185/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,185/mo
+$787/mo
9.6%

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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633 Rancho Drive | Property Details | No Agent List