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Owner Contacts

$367,000

NAL Estimated Property Value

112 Newport Pl, Mesquite, TX, 75149

Off Market

3 Beds

3 Bath

1,800 Sq Ft

$205 / sqft

Built in 2023

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesElectric Range, Refrigerator

FlooringCarpet, Vinyl

Exterior

Lot Size3,675 sqft

Building Information

Year Built2023

Stories2

Roof Type105

Garage Spaces2

Land Information

APN381300500501R0000

Lot Number1R

SubdivisionMill Stream Rep

Land UseResidential

Legal DescriptionMILL STREAM REP BLK 5 LT 1R ACS 0.0831 INT202400118304 DD06112024 CO-DC 1300500501R00 1CM13005005

Census Tract017500

Assessed Land Value$80,000

Assessed Improvement Value$287,000

Assessment Year2025

About this property

Welcome to Mesquite, TX! Come see this exquisite home located in the heart of the city near parks, ponds, premium shopping and more! This home is also near walking trails, a place to fish and great places to dine. Enjoy the perfect balance of indoor and outdoor living with a charming porch & backyard space, ideal for dining, gardening, or simply unwinding after a busy day. This custom crafted 3-bedroom, 2.5- bathroom, and spacious 2-car garage, home offers elegance and functionality. Step inside and discover a well-designed floor plan that features two living areas, providing flexibility for entertaining. The large kitchen will be equipped with modern appliances, and ample counter space, making it a culinary delight for chefs. The master suite offers a private oasis with an attached ensuite bathroom, ensuring comfort. Two additional bedrooms provide versatility for guests, a home office, or a personal gym. No HOA. Schedule showing today! 112 Newport Place, your next place to call home!

Investor Tools

$367,000

Estimated Property Value

$342,554Estimated Mortgage Balance

$24,446Estimated Equity

6% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,214 /month

Positive

Cash Flow Estimate:

$738 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,041/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$10,660

$367,000

2025

$80,000

$287,000

$367,000

Tax History

Year

Tax Paid

Assessed Value

2024

$10,660

$367,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Freedom Mortgage Corp

Purchase Money Mortgage

$354,751

First

Jun 11, 2024

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$342,554

$24,446

93%

$2,127/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$2,127/mo

$-155/mo

6.4%

Learn About the Market: Opportunity in Texas

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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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