Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$160,000

1207 Lorraine Ln, Mesquite, TX, 75149

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths945 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$169.31 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Range
FlooringCombination, Hardwood, Luxury Vinyl Plank, Tile

Exterior

Exterior FeaturesLighting, Private Entrance, Private Yard, Storage
Lot Size6,659 sqft

Building Information

Year Built1959
Roof Type105
Garage Spaces1

Land Information

APN38144500010060000
Lot Number6
SubdivisionOak Ridge
Land UseResidential
Legal DescriptionOAK RIDGE ESTATES BLK 1 LT 6 VOL2004218/11294 DD11012004 CO-DC 1445000100600 4CM14450001
Census Tract017606
Assessed Land Value$58,270
Assessed Improvement Value$88,020
Assessment Year2026

About this property

Comfortable, practical & full of potential, this single-story brick home offers 3 bedrooms, a functional layout & plenty of room to make it your own—all with no HOA. Covered front entry opens to the living room featuring hardwood floors & an easy connection to the kitchen & dining space. Down the hall, all 3 bedrooms are efficiently grouped together, with the full bath easily accessible from the bedrooms & main living areas. Out back is where the possibilities really open up: a covered patio leads to a large fenced yard with room for pets, play, gardening or creating your own outdoor living space. A substantial storage shed is an added bonus for tools, equipment, hobbies or extra household storage, while the property’s location adjacent to greenbelt space adds another layer of outdoor appeal. Plus an attached garage + driveway parking. Conveniently located near trails, fishing, playground & picnic areas at City Lake Park, with disc golf & more walking trails at Paschall Park. Historic Downtown Mesquite offers local dining & shops nearby, with additional shopping & everyday conveniences along the Town East corridor. Easy access to I-635 also provides quick connections toward US-80, I-30 & the greater Dallas area.

Investor Tools

$26,266Estimated Mortgage Balance
$157,734Estimated Equity
85% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,104 /month
Positive
Cash Flow Estimate:
$368 /month

Interested in this property?

Matt Templeton

Keller Williams Urban Dallas

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$167/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,081
$146,290
2026
$58,270
$88,020
$146,290
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,081
$146,290

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Unknown
$66,474
No
First
Nov 1, 2004
Nov 2034

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$26,266
$157,734
85%
14%
$399/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$399/mo
+$1,166/mo
10.2%

City: Mesquite

1207 Lorraine Ln | Property Details | No Agent List