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$119,900

721 Lee Street 11, Mesquite, TX, 75149

On MarketInfo
Just AddedInfo
Beds1 Beds
Baths1 Bath
Baths800 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$149.88 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Microwave

Exterior

Lot Size3.67 acres

Building Information

Year Built1983
Stories2
Roof Type105

Land Information

APN38205550000F00011
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 F UNIT 11 CE 1.3% INT202000237736 DD09012020 CO-DC
Census Tract017704
Assessed Land Value$10,380
Assessed Improvement Value$126,400
Assessment Year2025

About this property

Charming 1-Bedroom Condo in Mesquite, Discover easy, low-maintenance living in this cozy, move-in-ready 1-bedroom condo! Conveniently located near I-635, I-30, and US-80, with quick access to Dallas, Garland, and Forney. Close to shopping, dining, parks, golf, and the Mesquite Rodeo, this home is perfect for first-time buyers, downsizers, or investors. Enjoy comfort, convenience, and maintenance-free living in the heart of DFW!

Investor Tools

$0Estimated Mortgage Balance
$136,780Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$821 /month
Positive
Cash Flow Estimate:
$274 /month

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Jackson Thankachen

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$324/month
$249/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,208
$136,780
2025
$10,380
$126,400
$136,780
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,208
$136,780

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$136,780
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,326/mo
$249/mo
+$1,077/mo
11.6%

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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721 Lee Street 11 | Property Details | No Agent List