$150,000
733 Red Mill Ln, Mesquite, TX, 75149
$190,208 ARV
On Market
Just Added
Property Lead Type:
BankruptcyAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal
FlooringLaminate
Exterior
Exterior FeaturesLighting, Rain Gutters
Lot Size8,100 sqft
Building Information
Year Built1958
Stories1
Roof Type105
Garage Spaces1
Land Information
APN38156500020140000
Lot Number14
SubdivisionPasadena Gardens
Land UseResidential
Legal DescriptionPASADENA GARDENS 3 BLK B LOT 14 INT20070054752 DD02082007 CO-DC 1565000201400 1CM15650002
Census Tract017704
Assessed Land Value$50,000
Assessed Improvement Value$173,960
Assessment Year2025
About this property
INVESTOR SPECIAL!! Come put your personal stamp on this super cute house. Perfect for income producing rental or complete flip. Seller updates include newer water heater, paint, flooring, bathroom remodel, fence, and huge covered patio. Buyer's to view in person before making an offer. Seller has recent survey and 2021 foundation report. All plumbing replaced and foundation work done in 2002 per previous seller, no documentation available.
Investor Tools
$99,531Estimated Mortgage Balance
$124,429Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$190,208
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,344 /month
Positive
Cash Flow Estimate:
$448 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$103/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$114
$223,960
2025
$50,000
$173,960
$223,960
No
Tax History
Year
Tax Paid
Assessed Value
2025
$114
$223,960
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$109,200
No
First
Jan 10, 2022
Feb 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$99,531
$124,429
55%
44%
$655/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$655/mo
+$1,317/mo
10.6%
