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B+
NoAgentList RatingHow are grades calculated? Info

$86,900

717 Lee Street 1, Mesquite, TX, 75149

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths706 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$123.09 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Plumbed For Ice Maker, Refrigerator
FlooringLaminate

Exterior

Lot Size3.67 acres

Building Information

Year Built1983
Stories2
Roof Type105

Land Information

APN38205550000E00001
Lot Number2
SubdivisionVillage East Phase 1-4
Land UseResidential
Legal DescriptionVILLAGE EAST PHASE 1-4 BLK A LOT 2 ACS 3.666 BLDG E UNIT 1 CE 1.1% INT202100314044 DD10182021 CO-DC 205550000E000 33820555000
Census Tract017704
Assessed Land Value$8,780
Assessed Improvement Value$111,550
Assessment Year2025

About this property

Tired of Paying Rent? Here’s a affordable one bedroom – one bath condo on 1st floor. Newly remodeled. Great Location - easy access to major highways, shopping and dining. Upgrades include new kitchen counter tops, new laminate floors throughout, new bathroom fixtures and fresh interior paint. Breakfast Bar. HVAC replaced in 2020. Fenced-in small yard with covered patio. HOA Dues include trash and water.

Investor Tools

Property Icon
$120,330
Estimated Property Value
$0Estimated Mortgage Balance
$47,266Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$722 /month
Positive
Cash Flow Estimate:
$241 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$281/month
$179/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,771
$120,330
2025
$8,780
$111,550
$120,330
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,771
$120,330

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Conventional
$80,010
No
First
Oct 18, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$73,064
$47,266
39%
61%
$480/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,326/mo
$659/mo
+$667/mo
13.2%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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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717 Lee Street 1 | Property Details | No Agent List