Last 24 Hours
$230,000
1600 Summit St, Mesquite, TX, 75149
On Market
Just Added
3 Beds
1 Bath
1,163 Sq Ft
Single Family Residence
$197.76 / sqft
Built in 1960Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Bedrooms 3
Bathrooms Full 1
Garage Available
Heating Central
CoolingAppliancesBuilt In Gas Range, Gas Cooktop, Disposal, Gas Oven, Gas Range, Gas Water Heater
Exterior
Lot Size7,500 sqft
Building Information
Year Built1960
Roof Type105
Garage Spaces2
Land Information
APN38136500080090000
Lot Number9
SubdivisionNorthridge
Land UseResidential
Legal DescriptionNORTHRIDGE ESTATES 1 BLK 8 LT 9 INT201800256932 DD09242018 CO-DC 1365000800900 1CM13650008
Census Tract017704
Assessed Land Value$45,000
Assessed Improvement Value$168,580
Assessment Year2026
About this property
Come see this gem located in Mesquite!! Close by shopping centers and entertainment, this well kept home is perfect for anyone looking for their first home or even to add to their investment portfolio.
Investor Tools
$101,492Estimated Mortgage Balance
$112,088Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,380 /month
Positive
Cash Flow Estimate:
$460 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$506/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,010
$213,580
2026
$45,000
$168,580
$213,580
No
Tax History
Year
Tax Paid
Assessed Value
2025
$5,010
$213,580
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Bank Financial
Unknown
$121,500
No
First
Sep 24, 2018
Oct 2038
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$101,492
$112,088
52%
48%
$729/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$729/mo
+$1,243/mo
11.1%
12.4%