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$202,000

2418 Fulton Dr, Mesquite, TX, 75150

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths990 Sq Ft
price_per_sqft$196.97 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Cooktop, Washer

Exterior

Lot Size7,200 sqft

Building Information

Year Built1961
Stories1
Roof Type105
Garage Spaces1

Land Information

APN38023500200370000
Lot Number37
SubdivisionCasa Ridge Heights
Land UseResidential
Legal DescriptionCASA RIDGE HEIGHTS 3 BLK T LT 37 VOL99111/2154 DD052899 CO-DALLAS 0235002003700 33802350020
Census Tract017820
Assessed Land Value$50,000
Assessed Improvement Value$130,180
Assessment Year2025

About this property

This is a great investment opportunity or purchase for someone interested in buying a value-add property! It's a nice 3 bedroom, 2 bathroom brick house that provides functional layout with ample room sizes, laminate flooring, and lots of natural lighting. All major components are in good condition; the roof is about 10 years old, HVAC is in good working order, and the plumbing is PVC. Also, this property provides you with an attached garage as well as large, fenced backyard with some matured trees. This house is in fair condition overall but can use some upgrades. The house is being sold AS IS.

Investor Tools

Property Icon
$202,000
Estimated Property Value
$16,750Estimated Mortgage Balance
$199,576Estimated Equity
92% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,212 /month
Positive
Cash Flow Estimate:
$404 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$436/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,226
$180,180
2025
$50,000
$130,180
$180,180
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,226
$180,180

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Arturo Meza
Seller Carryback / Seller Financing / Seller Take-Back
$16,750
No
First
May 28, 1999
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$2,424
$199,576
98%
1%
$101/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$101/mo
+$1,464/mo
9.3%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Mesquite

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2418 Fulton Dr | Property Details | No Agent List