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$290,000

NAL Estimated Property Value

801 Via Avenida, Mesquite, TX, 75150

Off MarketInfo
Beds5 Beds
Baths2 Bath
Baths2,396 Sq Ft
price_per_sqft$125.2 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range

Exterior

Lot Size7,551 sqft

Building Information

Year Built1973
Stories1
Roof Type105
Garage Spaces1

Land Information

APN38150500010660000
Lot Number66
SubdivisionPalos Verdes
Land UseResidential
Legal DescriptionPALOS VERDES ESTATES 1 BLK 1 LOT 66 72.70X120 INT202400039052 DD02262024 CO-DC 1505000106600 1CM15050001
Census Tract017808
Assessed Land Value$50,000
Assessed Improvement Value$214,590
Assessment Year2025

About this property

Welcome to spacious 5 bedroom, 2 bathroom home offering 2,396 sqft of comfortable living space, plus two fully separate income producing units that make this property a rare and valuable find. The main home features a generously sized layout, perfect for families or those needing extra space. But what truly sets this property apart are the two additional living quarters offering immediate rental income. The converted garage functions as a private 1-bedroom, 1-bath suite with its own living room and on the right side of the home, a separate 1 bedroom, 1 bath unit with a living room. Located with easy access to major highways and just a short 20 minute drive to Downtown Dallas, this property blends convenience, comfort, and cash flow into one unbeatable package. Whether you’re looking to live in the main house and rent out the units, or fully lease all areas for maximum return, this property is a unique opportunity you don’t want to miss. Location. Income. Opportunity. Schedule your tour today and see the potential for yourself!

Investor Tools

Property Icon
$290,000
Estimated Property Value
$264,201Estimated Mortgage Balance
$25,799Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,800 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$638/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,206
$264,590
2025
$50,000
$214,590
$264,590
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,206
$264,590

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cosmic Custom Homes Inc
Purchase Money Mortgage
$245,600
No
First
Feb 26, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$264,201
$25,799
8%
91%
$1,658/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,658/mo
+$314/mo
8.2%

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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801 Via Avenida | Property Details | No Agent List