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$179,000

722 Dranguet Circle, Mesquite, TX, 75149

$224,076 ARVInfo
Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,271 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$140.83 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Range
FlooringWood

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size8,938 sqft

Building Information

Year Built1955
Stories1
Roof Type105

Land Information

APN38105500070040000
Lot Number4
SubdivisionHighland Terrace
Land UseResidential
Legal DescriptionHIGHLAND TERRACE BLK G LOT 4 INT202100116479 DD04192021 CO-DC 1055000700400 1CM10550007
Census Tract017500
Assessed Land Value$55,000
Assessed Improvement Value$217,070
Assessment Year2025

About this property

**MULTIPLE OFFERS** Welcome to a charming 1950s home under $200K! Enter the home to find a cozy yet inviting living room complete with wood floors & built-in bookshelves. Move towards the kitchen where a flex space provides the versatility to make it whatever best suits your needs. The kitchen includes white subway tile backsplash, a Farmhouse black quartz sink, and plenty of space to create a masterpiece. Head to the back of the house to find all three bedrooms and bathroom. Retreat outside to your private oasis; the large backyard, privacy fence, and storage building give you plenty of options on how to best enjoy this space. Perfect for any stage of life, this home is ready for its next owners!

Investor Tools

Property Icon
$272,070
Estimated Property Value
$0Estimated Mortgage Balance
$112,524Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$224,076
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,632 /month
Positive
Cash Flow Estimate:
$544 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$612/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,980
$272,070
2025
$55,000
$217,070
$272,070
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,980
$272,070

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Independent Bank
Fha
$176,739
Yes
First
Apr 19, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$159,546
$112,524
41%
59%
$1,060/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,060/mo
+$912/mo
8.7%

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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722 Dranguet Circle | Property Details | No Agent List