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$335,000

1113 Covington Dr, Mesquite, TX, 75149

PendingInfo
Beds4 Beds
Baths2 Bath
Baths1,902 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$176.13 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Microwave
FlooringTile, Vinyl, Stone

Exterior

Exterior FeaturesGarden
Lot Size9,802 sqft

Building Information

Year Built1998
Stories1
Roof Type105
Garage Spaces2

Land Information

APN381535700L0040000
Lot Number4
SubdivisionPark At Creek Crossing The
Land UseResidential
Legal DescriptionPARK AT CREEK CROSSING THE PH 4 BLK L LT 4 VOL98196/1048 DD092898 CO-DALLAS 1535700L00400 3381535700L
Census Tract017312
Assessed Land Value$60,000
Assessed Improvement Value$259,250
Assessment Year2025

About this property

This traditional one-story home has been lovingly maintained by its original owner and offers timeless charm, comfort, and pride of ownership throughout and is ready for its next owners to write their stories. Thoughtfully designed with a functional floor plan, this home features spacious living and dining areas, abundant natural light, and classic details that create a warm and inviting atmosphere. The well-kept kitchen opens seamlessly to the main living space, making it ideal for everyday living and entertaining alike. Generously sized bedrooms provide comfort and flexibility, while the peaceful backyard offers the perfect setting for relaxing or hosting gatherings. The oversized backyard is a true retreat featuring a mature producing fig tree, dedicated garden space, and plenty of room to relax, entertain, or enjoy the outdoors. Backing directly to Rutherford Park Recreation Center with a fitness center, walking paths, and excellent community programming, the property provides a peaceful backdrop and convenient access to recreation right outside your gate. Updates including windows, roof replacement 2025, luxury vinyl flooring in secondary bedrooms, exterior paint in 2023, extended travertine tile flooring, and HVAC replacement provide peace of mind and ease of ownership. This home is perfectly positioned close to shopping centers, dining options, and local schools. Whether you're enjoying morning coffee on the patio or evening strolls along the paths, this home offers a rare blend of privacy, charm, and community connection.

Investor Tools

$96,908Estimated Mortgage Balance
$240,289Estimated Equity
69% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,010 /month
Positive
Cash Flow Estimate:
$670 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$606/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,598
$319,250
2025
$60,000
$259,250
$319,250
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,598
$319,250

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Accubanc Mtg Corp
Fha
$113,957
Yes
First
Sep 28, 1998
Oct 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$96,908
$225,092
69%
29%
$1,324/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,324/mo
+$1,248/mo
9.2%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Mesquite

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