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$239,900

902 Placid Dr, Mesquite, TX, 75150

$266,503 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,998 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$120.07 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size9,960 sqft

Building Information

Year Built1981
Stories1
Roof Type105
Garage Spaces2

Land Information

APN38149750030120000
Lot Number12
SubdivisionPalos Verdes
Land UseResidential
Legal DescriptionPALOS VERDES 7 BLK 3 LT 12 INT202000122147 DD05112020 CO-DC 1497500301200 1CM14975003
Census Tract017808
Assessed Land Value$60,000
Assessed Improvement Value$264,890
Assessment Year2025

About this property

This beautifully landscaped property is a hidden treasure near Palos Verdes Lake Park. The exterior looks like it is straight out of a picture book. The interior is a buyers dream and includes new laminate wood flooring, new carpet, & fresh paint! The modern updated kitchen features Shaker style cabinets, stylish tile back splash, & granite counter tops. This 4BRM 2 BR home is perfect for a growing family or for a buyer that work from home and needs office space. You are just a hop, skip, and a jump from the quiet walking trails, exercise equipment, disc golf, & picnic tables. Perfect for a commuter only being 15 miles from downtown Dallas and located only minutes away from I-30, I-635, and HWY 80.

Investor Tools

Property Icon
$324,890
Estimated Property Value
$167,930Estimated Mortgage Balance
$176,612Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$266,503
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,949 /month
Positive
Cash Flow Estimate:
$650 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$637/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,015
$324,890
2025
$60,000
$264,890
$324,890
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,015
$324,890

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Conventional
$167,930
No
First
May 11, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$148,278
$176,612
54%
46%
$1,007/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,007/mo
+$1,565/mo
9.5%

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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