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4260 Lasater Rd, Balch Springs, TX, 75181

4beds
2baths
2,557sqft
$1,200,000
$469price/sqft
$7,773/moest. monthly cost
$310,920/yrincome needed

About This Home

Great Location For Business Opportunity!! This 4.4 acre property is a major investment opportunity located near a prime area of Mesquite close to I20!! 3.1990 acres of lot is zoned as commercial and has a large horse barn and 1.2290 acres is zoned as residential for a total of approximately 4.4 acres!!! Included is a beautiful gated 4 Bedroom, 2 Bathroom, 2557 square foot home with pool and deck. This property has a total of two horse barns and two storage buildings that are included with the sale. Home is being sold as is but is move in ready but can be renovated or updated and used as a ranch or farm house. This is an up and coming area with new businesses, close to I20. There's lots of possibilities with property. Per seller this home has an Mesquite address but is in the city of Balch Springs. Check with city of Mesquite and Balch Springs for any restrictions! Come take a look and make your offer today!

Getting Around

7
WalkingCar-Dependent
0
TransitVery Limited Transit
26
BikeSomewhat Bikeable

Schools

3/10
Mackey Elementary SchoolGrades PK-50.3 mi
5/10
Terry Middle SchoolGrades 6-82.7 mi
3/10
Horn High SchoolGrades 9-122.1 mi

Construction

Condition

  • Year built: 1956

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary/Modern,Detached,Farmhouse
  • Property subType: Farm,Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Oven,Electric Range

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • High Speed Internet,Cable TV
  • Flooring: Carpet

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Electric

Interior Area

  • Total interior livable area: 2,557 sqft

Living Room

  • Level: First
  • Dimensions: 0 x 0

Master Bedroom

  • Level: First
  • Dimensions: 0 x 0

Property

Details

  • Parcel number: 65164423510070100
  • Horse amenities: Barn

Features

  • Levels: One
  • Stories: 1
  • Pool features: Pool
  • Fencing: Perimeter
  • Waterfront features: Creek

Lot

  • Lot size: 4.43 Acres
  • Features: Acreage

Parking

  • Total spaces: 2
  • Parking features: Driveway
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • Carport: Yes
  • Carport spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveVery High
  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Heat Wave
Cold Wave
Hail
Tornado
Winter Weather

FEMA Declared Disasters Across Texas Counties

Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,067$72,804
Home Insurance *$1,179$14,148
Property Taxes $247$2,964
Electricity $280$3,369
Total$7,773$93,276
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$266,502/yr
40% on housing$233,190/yr
45% on housing$207,280/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.4%
6.4%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: -0.3%
-0.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$469This listing

vs Other Active Listings

Avg $/sqft

ZIP 75181$154
Dallas County$232

vs Homes Sold Last Month

Median $/sqft

ZIP 75181$150
Dallas County$190

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2025-01-03Listed for sale$1,200,000
2024-11-21Listing removed$1,100,000
2023-11-28Listed for sale$1,100,000
2023-10-08Listing removed--
2023-03-02Listed for sale$1,100,000
2023-03-02Listing removed$1,100,000
2022-03-31Listed for sale$1,100,000

For Sale by Agent

AgentJhante Penigar
BrokerageVIP Realty

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