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$140,000

NAL Estimated Property Value

703 Lee Street 1, Mesquite, TX, 75149

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,102 Sq Ft
price_per_sqft$95.28 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Range, Refrigerator
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size3.67 acres

Building Information

Year Built1984
Stories2
Roof Type105

Land Information

APN3820555000A200001
Lot Number2
SubdivisionVillage East Phase 1-4
Land UseResidential
Legal DescriptionVILLAGE EAST PHASE 1-4 VILLAGE EAST BLK A LT 2 ACS 3.666 BLDG A2 UNIT 1 CE 1.7% INT202000256325 DD09182020 CO-DC
Census Tract017704
Assessed Land Value$13,570
Assessed Improvement Value$124,710
Assessment Year2025

About this property

Well maintained 2 bedroom townhome in Mesquite ISD! End unit, only 1 shared wall! Living room with wood burning fireplace! Both bedrooms and full bath upstairs and half bath off dining downstairs. Small private patio off kitchen. Vinyl plank flooring in living area, upstairs hallway and bath. New HVAC system installed 2019. Tenant occupied, on month to month. Will need about 3o days notice to vacate.

Investor Tools

Property Icon
$140,000
Estimated Property Value
$72,537Estimated Mortgage Balance
$67,463Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$840 /month
Positive
Cash Flow Estimate:
$280 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$191/month
$274/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,586
$138,280
2025
$13,570
$124,710
$138,280
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,586
$138,280

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southwest Funding Lp
Conventional
$81,480
No
First
Sep 18, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$72,537
$67,463
48%
52%
$489/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$763/mo
+$802/mo
13.4%

City: Mesquite

703 Lee Street 1 | Property Details | No Agent List