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$250,000

427 Wheatridge St, Mesquite, TX, 75150

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,541 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$162.23 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Lot Size10,176 sqft

Building Information

Year Built1983
Stories1
Roof Type105
Garage Spaces2

Land Information

APN38201300010070000
Lot Number7
SubdivisionTimberland
Land UseResidential
Legal DescriptionTIMBERLAND BLK 1 LOT 7 94.63X83.28 94.63X83.28X44.33X27.24X96.1X83.3 VOL 83191 PG 3001 CO-DALLAS 2013000010700 33820130001
Census Tract017814
Assessed Land Value$60,000
Assessed Improvement Value$204,660
Assessment Year2025

About this property

This Mesquite corner-lot home offers nearly a quarter acre, an open-concept living area with vaulted ceilings, and a list of recent updates including new carpet, fresh paint, and newer windows, all just minutes from Town East Mall and Lake Ray Hubbard. The chain link fenced yard adds even more usable outdoor space, well beyond what you'll typically find on a Dallas-area lot. The vaulted ceiling in the main living area is accented by an exposed wood beam, adding height and character to the space. A wood-burning fireplace with a stone surround serves as the natural focal point of the living room, while a sliding glass door leads directly out to the covered patio. Fresh paint and new carpet run throughout, creating a clean, move-in ready feel while still leaving room to add your own personal style. The kitchen sits toward the front of the home and includes an electric range and stainless steel appliances, with a pass-through opening that keeps it connected to the living area. One of the bathrooms is equipped with ADA-style grab bars in the shower, a practical feature for accessibility. The home's south-facing orientation brings natural light through the living areas for much of the day. Beyond the new carpet, fresh paint, and newer windows, the back patio has a newer pergola-style cover and the kitchen appliances have been updated to stainless steel. These improvements take care of some of the bigger-ticket items, leaving the finishes in the kitchen and bathrooms open for a buyer to personalize. Outside, the covered patio is ready for morning coffee or evening dinners, and the fenced backyard offers privacy along with plenty of room to garden, play, or entertain. With its corner-lot position, proximity to Town East Mall, and easy access to Lake Ray Hubbard, this home is a solid opportunity for a buyer ready to make it their own in a convenient Mesquite location.

Investor Tools

$0Estimated Mortgage Balance
$268,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,608 /month
Positive
Cash Flow Estimate:
$536 /month

Interested in this property?

Lacey Brutschy

Real Broker, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$165/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$640
$264,660
2025
$60,000
$204,660
$264,660
No

Tax History

Year
Tax Paid
Assessed Value
2025
$640
$264,660

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$268,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
N/A
+$1,972/mo
8.8%

City: Mesquite

427 Wheatridge St | Property Details | No Agent List