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$148,140

NAL Estimated Property Value

709 Lee St Apt 4, Mesquite, TX, 75149

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,073 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$136.91 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Vented Exhaust Fan

Exterior

Lot Size3.67 acres

Building Information

Year Built1983
Stories2
Roof Type105

Land Information

APN38205550000C00004
SubdivisionVillage East Phase 1-4
Land UseResidential
Legal DescriptionVILLAGE EAST PHASE 1-4 VILLAGE EAST BLK 1 LT 4 ACS 3.666 BLDG C UNIT 4 CE 1.7% INT20080180018 DD05302008 CO-DC 2265300A00200
Census Tract017704
Assessment Year2025

About this property

Charming 2 Bedroom 1.5 bath Townhome in Village East recently updated with quartz countertops, electric stove, dishwasher, vinyl flooring and paint. This includes updated bathrooms with quartz countertops and brand new tubs. This thoughtfully designed unit features an open living space, functional kitchen, and well-sized bedrooms—ideal for first-time buyers, downsizers, or savvy investors. What truly sets this property apart is the comprehensive HOA coverage—including water, sewer, trash collection, front and back maintenance, roof, and general structure—making homeownership simple and stress-free. Located just minutes from I-635, Town East Mall, schools, parks, and a variety of dining and shopping options. ALSO SELLER FINACE IS AVILABLE.

Investor Tools

Property Icon
$148,140
Estimated Property Value
$14,162Estimated Mortgage Balance
$133,978Estimated Equity
90% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$889 /month
Positive
Cash Flow Estimate:
$296 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$360/month
$329/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,585
$148,140
2025
N/A
N/A
$148,140
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,585
$148,140

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Greenpoint Mortgage Funding Inc
Fannie Mae/Freddie Mac (Phased Out Keying In 2008 Because Fannie Mae Does Not Originate Loans Directly To Borrowers Or Investors. Most "New Conventional" Loans Meet Their General Underwriting Guidelines.)
$32,750
No
First
May 10, 2005
Jun 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$14,162
$133,978
90%
10%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$329/mo
+$1,236/mo
12.7%

Learn About the Market: Opportunity in Texas

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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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709 Lee St Apt 4 | Property Details | No Agent List