$184,900
626 Rosedown Ln, Mesquite, TX, 75150
On Market
Just Added
Property Lead Type:
Must-SellAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher
FlooringCarpet, Vinyl
Exterior
Lot Size7,475 sqft
Building Information
Year Built1982
Stories1
Roof Type105
Garage Spaces2
Land Information
APN38238770550230000
Lot Number23
SubdivisionWillow Glen
Land UseResidential
Legal DescriptionWILLOW GLEN 2 BLK E LT 23 VOL2002100/1749 DD05162002 CO-DC 2387705502300 33823877055
Census Tract017814
Assessed Land Value$50,000
Assessed Improvement Value$235,200
Assessment Year2025
About this property
Ready for your next fall project? This house needs a little of everything to bring it back to life. Ideal for investors looking for their next buy and hold. Will make a great investment property. Sellers are investors and have never seen the property. Property is priced below market to reflect needed updates. Utilities have been requested. Buyers to perform their own due diligence. Sold AS-IS. Please read agent remarks.
Investor Tools
$51,986Estimated Mortgage Balance
$234,014Estimated Equity
81% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,716 /month
Positive
Cash Flow Estimate:
$572 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$522/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,836
$285,200
2025
$50,000
$235,200
$285,200
No
Tax History
Year
Tax Paid
Assessed Value
2025
$4,836
$285,200
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dba Mortgages Direct
Fha
$120,115
Yes
First
May 16, 2002
Jun 2022
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$51,986
$234,014
81%
18%
$858/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$858/mo
+$1,114/mo
8.3%
