$275,000
340 Mesquite Hill Dr, Arlington, TX, 76002
On Market
Just Added
Property Lead Type:
BankruptcyAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Electric Cooktop, Electric Oven, Disposal, Microwave
Exterior
Lot Size6,186 sqft
Building Information
Year Built2002
Stories1
Garage Spaces2
Land Information
APN24193-11-14
Lot Number14
SubdivisionLonesome Dove Estates-Arlingtn
Land UseResidential
Legal DescriptionLONESOME DOVE ESTATES-ARLINGTN BLOCK 11 LOT 14
Census Tract111568
Assessed Land Value$55,000
Assessed Improvement Value$239,509
Assessment Year2026
About this property
Great opportunity to own a beautiful home at a great price! Looking for a nice home with a great floor plan, ceramic tile flooring,, and is locat4ed in a nice established neighborhood. The roof was replaced in July 2026. The home needs foundation repair, and the seller is willing to have the repairs completed after the option period expires and before the closing through Elite Foundation Repair, offering buyers an opportunity to purchase at an attractive price, The inside is nice and comfortable. Must see! Priced below tax value
Investor Tools
$163,024Estimated Mortgage Balance
$144,976Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,848 /month
Positive
Cash Flow Estimate:
$616 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$496/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,416
$294,509
2026
$55,000
$239,509
$294,509
No
Tax History
Year
Tax Paid
Assessed Value
2026
$4,416
$294,509
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Musa Financial Llc
Fha
$173,794
Yes
First
Jun 30, 2017
Jul 2047
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$163,024
$144,976
47%
53%
$1,192/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,310/mo
$1,192/mo
+$2,118/mo
12.9%
