429 S GAYLORD --, Mesa, AZ 85204, Mesa, 85204 - 4 bed, 2 bath
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Mesa, AZ 85204
This Turnkey Income-Generating Asset is listed at $499,990, representing a stable entry point near its $492,023 Fair Market Value. Boasting a Condition Rating of 2, the property features a Modern Remodel with a Granite Kitchen, wood-look flooring, and synthetic turf for low-maintenance appeal. As a No HOA property near Top-Rated Schools like Franklin Elementary (9/10), it offers long-term asset stability and high rental demand. Currently tenant-occupied through April 2026, it provides a stable $2,549 Monthly Rental Income, ensuring immediate cash flow. This is an exceptional acquisition for Buy-and-Hold Investors or Portfolio Diversifiers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 429 S GAYLORD -- Subject | $499,000* List Price | 4 | 2 | 1,982 | $252 | - |
A 1714 E DANA Avenue Sold | $420,000 | 4 | 2 | 1,600 | $263 | 1.0 mi |
B 2248 E CALYPSO Avenue Active | $489,000 List Price | 4 | 2 | 1,656 | $295 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1985, the property has undergone an extensive and high-quality recent renovation within the last 5 years. The kitchen is fully modernized with granite countertops, a stylish backsplash, and stainless steel appliances. The bathrooms feature contemporary upgrades including hexagonal floor tiles, subway tile shower surrounds, and modern vanities. With new wood-look flooring throughout, updated light fixtures, and a well-maintained exterior featuring synthetic turf, the home meets current market standards with no visible deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8341, living area = 1982.
The home features a beautifully updated interior with granite countertops and a stylish kitchen, offering a move-in-ready aesthetic and modern appeal.
The absence of a Homeowners Association provides owners with greater freedom and eliminates monthly association fees, enhancing long-term affordability.
With a lease in place until early 2026, the property is not suitable for owner-occupants looking for a primary residence in the near term.
Built in 1985, the property may require more frequent maintenance of original structural or mechanical components compared to newer developments.
Beautifully remodeled single-story home featuring 4 bedrooms, 2 bathrooms, no HOA, and nearly 2,000 sq. ft. of well-designed living space. The modern kitchen showcases granite countertops, a stylish backsplash, and an open layout perfect for entertaining and everyday living. Enjoy low-maintenance landscaping with synthetic turf in the front and a gravel-finished backyard--ideal for easy upkeep and relaxation. Now vacant and move-in ready! The property was previously tenant-occupied with strong rental history, making it an excellent opportunity for both homeowners and investorsRecently appraised at over $500,000, adding strong value and confidence for buyers.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 64% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,982 | 1,595.5 | 78% |
| Lot Size | 8,341 | 7,366.5 | 75% |
| Price | $499.0K | $279.1K | 93% |
| Price per sq ft | $252 | $208 | 64% |
| Built year | 1985 | 1980 | 72% |
| HOA | $0 | $0 | 50% |
| Days on market | 152 | 2369 | 1% |
May 4, 2026
$499,000
$499,990
+0% Price Increase
Initial Listing
Jan 15, 2026
$499,990
Initial Listing