
Mesa, AZ 85207
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $535,000—positioned above the $501,845 Fair Market Value. While currently priced above market, the property features a Fair Condition Rating with significant upside through its massive 13,390 sqft lot, Pebble Tec pool, and RV gate. With no HOA and a flexible layout including a large office, this home offers rare utility for custom additions. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a private, customizable sanctuary near top-rated Franklin Elementary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7901 E CABALLERO Street Subject | $535,000* List Price | 3 | 2 | 1,650 | $304 | - |
A 7734 E CABALLERO Circle Sold | $460,000 | 3 | 2 | 1,374 | $335 | 0.2 mi |
B 8001 E COLBY Street Sold | $455,000 | 4 | 2 | 1,956 | $233 | 0.2 mi |
C 661 N Vista Del Sol -- Sold | $625,000 List Price | 5 | 2 | 1,932 | 0.3 mi | |
D 556 N OVERLAND -- Pending | $485,000 List Price | 3 | 2 | 1,718 | $282 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1998 (26+ years old), placing it in the 'Fair' age bracket. While it features recent cosmetic updates like newer laminate flooring, fresh interior/exterior paint, and updated stainless appliances, the kitchen remains dated with original oak cabinetry and laminate countertops. The bathrooms and primary systems are likely nearing the end of their typical lifespan, requiring further modernization to reach 'Good' or 'Excellent' status.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13390, living area = 1650.
Elementary School: Franklin Elementary School (9/10).
The oversized 13,390 sqft lot features a Pebble Tec pool, RV gate, and no HOA, offering rare privacy and flexibility for vehicle storage or future additions like a casita or sport court.
The property is zoned for schools with varying performance scores, including a nearby elementary school with a lower rating, which may be a concern for education-focused buyers.
At 1,650 square feet, the interior living area is relatively compact compared to the substantial lot size, potentially limiting appeal for buyers seeking large indoor communal spaces.
Fabulous Home! NO HOA!!! It has all newer laminate flooring! New paint in and out! 3 Bedroom plus large office could be a 4 bedroom home. All rooms are Large with Vaulted ceilings throughout! Gas Fireplace in the great room! Newer Stainless steel appliances and newer Washer & Dryer. Two car garage and RV Gate for motor home, boat or both! The back yard is huge with 2 covered patio's one a gazebo and newer Pebble Tec in the pool with water feature and self cleaning. The back yard is big enough for a huge garden, sport court with basketball and pickle ball or even a casita for guests or possibly rental. That big back yard is completely private with tall private cement block fence around the whole back yard. The front yard has synthetic grass and rock and is nicely landscaped!
No exterior & parking available.
Grades PK-6 • 1.4 mi
Grades PK-6 • 4.2 mi
Grades K-6 • 7.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,650 | 2,105 | 27% |
| Lot Size | 13,390 | 8,852 | 84% |
| Price | $535.0K | $344.0K | 73% |
| Price per sq ft | $324 | $235 | 83% |
| Built year | 1998 | 2000 | 34% |
| HOA | $0 | $127 | 27% |
| Days on market | 39 | 2828 | 1% |
May 8, 2026
$535,000
Initial Listing