$378,525
805 Norton Drive, Mesquite, TX, 75149
On Market
Property Lead Type:
BankruptcyAuctionPre-ForeclosureMust-SellHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal
Exterior
Lot Size9,355 sqft
Building Information
Year Built2022
Stories2
Roof Type105
Garage Spaces2
Land Information
APN38115500010020000
Lot Number2
SubdivisionLake Park North
Land UseResidential
Legal DescriptionLAKE PARK NORTH INST 1 BLK A LT 2 74.99X120.80X75X121.83 INT202300079533 DD04242023 CO-DC 1155000100200 1CM11550001
Census Tract017500
Assessment Year2025
About this property
The list price is not indicative of sellers final reserve amount. This property is part of an online bidding event please visit auction com to place bids. Inspections of this property and contact with occupants are strictly prohibited. Property Sold AS IS and no for sale sign allowed. Register at Auction Com bidding begins May 31st through June 2nd
Investor Tools
$501,003Estimated Mortgage Balance
$93,367Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,566 /month
Positive
Cash Flow Estimate:
$1,189 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,212/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,570
$594,370
2025
N/A
N/A
$594,370
No
Tax History
Year
Tax Paid
Assessed Value
2025
$11,570
$594,370
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Houston Home Loan Inc
Conventional
$532,000
No
First
Apr 24, 2023
May 2038
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$501,003
$93,367
15%
84%
$3,190/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$3,190/mo
$-618/mo
5.2%
