$320,700
●
House -
Off Market
525 Blanco Drive
Mesquite, TX 75150
3 Beds
0 Bath
1,590 Ft²
$2,107
Est. Monthly
5.87%
Cap Rate
About This Property
Just a hop, skip, & a jump from Porter Elementary & all the
amenities that the Town East area offers, this is a perfect &
modern, insanely efficient family home with a straightforward
layout, maintained diligently & and revitalized meticulously by the
current owner. Recently renovated with about $16,000 WORTH OF
UPDATES INCLUDING PLUMBING to the home to make this home move-in
ready. All exterior paint & trim has been redone as well as new sod
laid in the backyard & beautiful touch-ups to the perimeter trees,
creating a peaceful & cool atmosphere in the shade. Situated in a
desirable neighborhood, this well-maintained residence offers a
comfortable and inviting living space perfect to call home. The
main living area is adorned with large windows, allowing natural
light to flood the space, creating a warm and inviting atmosphere.
This home sits a block away from the Palos Verdes Lake Park,
adjacent to the Mesquite Heritage Trail, offering a perfect retreat
for outdoor enthusiasts.
Unit Size
1,590 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$204
Property Type
House
Property Taxes
$511
HOA Dues
-
Year Built
1983
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (NTREIS #20733586)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 14, 2024 | Sold | ||
| Sold | |||
| Oct 13, 2024 | In contract | - | |
| In contract | |||
| Sep 19, 2024 | Listed by Keller Williams Central | $324,900 | |
| Listed by Keller Williams Central | |||
| Aug 31, 2023 | Sold | ||
| Sold | |||
| Jun 25, 2023 | Listed by Paragon, REALTORS | $304,999 | |
| Listed by Paragon, REALTORS | |||
| | |||
|
Recently renovated with about 9k worth of updates to the home to make this home move-in ready. The whole Exterior home has been painted last year and also the Sod Replacement as been touched up last year as well. All Interior paint in the living room, kitchen, and dining has been done this year!! Situated in a desirable neighborhood, this well-maintained residence offers a comfortable and inviting living space perfect to call home. The main living area is adorned with large windows, allowing natural light to flood the space, creating a warm and inviting atmosphere. The living room provides a cozy setting for relaxation or entertaining! This home sits a block away from the Palos Verdes Lake Park which is adjacent to the Mesquite Heritage Trail, offering a perfect retreat for outdoor enthusiasts. Within walking distance to Porter Elementary School, and also 10 minutes away from Town East Mall. Don't miss out!!
| |||
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Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Palos Verdes
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Listed by: Parker Hall, Keller Williams Central
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20733586
Details provided by NTREIS and may not match the public record
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20733586
Details provided by NTREIS and may not match the public record
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