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  • Offer: Mesquite 75181, 6/3.5/2, Asking $316,000 – ARV $400,000

    Posted by propshop_connector on 24 March 2025 at 4:07 PM

    Interesting Deal in Mesquite 75181!

    OFF-MARKET DEAL – Potential High Yield Section 8 in Mesquite, TX!

    6 Bed | 3.5 Bath | 3,046 Sqft | 2-Car Garage | Built 2003

    Mesquite, TX 75181 – One of the highest fair market rent ZIP codes in DFW!

    Sales Price: $316,000

    After Repair Value (ARV): $400,000

    Repair Estimate: $40,000

    Rent Estimate: $3,500+ (Section 8 Potential: $3,700-$5,000)

    Needs overall updates, but most work is finish-out installs!

    Investor Breakdown:

    Buy & Hold: Cash-on-Cash ROI ~12.50%

    DSCR Loan Strategy: ROI ~11.67%

    HOA: $356 annually

    Buyer Deposit: $7,500

    See more details at https://www.facebook.com/groups/2328098604145675/user/61568256073016/

    Need more info? Send a private message or drop a comment with your questions.

    propshop_connector replied 1 month ago 1 Member · 0 Replies
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