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215 Jasanda Way - 215 Jasanda 2,000 SF Specialty Building Offered at $199,950 at a 9% Cap Rate in Mesquite, TX 75149



Executive Summary
Prime Turnkey Rental Investment: Instant 12% Gross Yield with $2,000/Month Tenant in Place!Investors, lock in passive income from day one with this cash-flowing gem priced at just $199,950. A reliable tenant pays $2,000/month—delivering a stellar 12% gross annual yield right out of the gate (that's $24,000/year in rent!). No hassle, no vacancy: this move-in-ready property is fully leased, generating immediate returns while you build equity.Key Highlights:Strong Cash Flow: 1% monthly yield on purchase price—outpace inflation and beat low-yield stocks/bonds.
Investor-Friendly Features: 5 bedrooms, 2 baths, 2 living areas, tons of storage, designer tile in master shower, fresh paint, built-in cabinets, ceiling fans, central heat/AC, and a bonus garage conversion with 2 extra bedrooms and a room upstairs. Covered patio and BBQ area add tenant appeal for long-term retention.
Low Maintenance, High Potential: One-car garage with workshop for added utility. Perfect for large families or multi-generational tenants, ensuring steady demand and easy re-leasing.
ROI Breakdown: At $2,000/month rent, cover your mortgage and pocket profit. Estimated cap rate: 10-12% net (after taxes/insurance). Appreciation upside in a growing market—don't miss this below-market deal!
Investor-Friendly Features: 5 bedrooms, 2 baths, 2 living areas, tons of storage, designer tile in master shower, fresh paint, built-in cabinets, ceiling fans, central heat/AC, and a bonus garage conversion with 2 extra bedrooms and a room upstairs. Covered patio and BBQ area add tenant appeal for long-term retention.
Low Maintenance, High Potential: One-car garage with workshop for added utility. Perfect for large families or multi-generational tenants, ensuring steady demand and easy re-leasing.
ROI Breakdown: At $2,000/month rent, cover your mortgage and pocket profit. Estimated cap rate: 10-12% net (after taxes/insurance). Appreciation upside in a growing market—don't miss this below-market deal!
Property Facts
| Price | $199,950 | Property Type | Specialty |
| Price Per SF | $99.98 | Building Size | 2,000 SF |
| Sale Type | Investment | No. Stories | 2 |
| Cap Rate | 9% | Year Built/Renovated | 1970/2025 |
| Sale Condition | Sale Leaseback |
| Price | $199,950 |
| Price Per SF | $99.98 |
| Sale Type | Investment |
| Cap Rate | 9% |
| Sale Condition | Sale Leaseback |
| Property Type | Specialty |
| Building Size | 2,000 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1970/2025 |
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Walk Score®
Very Walkable (72)
Property Taxes
| Parcel Number | 38010500020150000 | Improvements Assessment | $216,120 |
| Land Assessment | $45,000 | Total Assessment | $261,120 |
Property Taxes
Parcel Number
38010500020150000
Land Assessment
$45,000
Improvements Assessment
$216,120
Total Assessment
$261,120
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215 Jasanda Way - 215 Jasanda
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