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$449,999

118 Riggs Cir, Mesquite, TX, 75149

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths2,703 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$166.48 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Oven, Gas Range, Microwave, Refrigerator
FlooringCarpet, Tile, Wood

Exterior

Lot Size39,940 sqft

Building Information

Year Built1981
Stories1
Roof Type105
Garage Spaces2

Land Information

APN38114600500040000
Lot Number4
SubdivisionLake Park East
Land UseResidential
Legal DescriptionLAKE PARK EAST ESTATES BLK A LT 4 95X358.34X126.12X439.14 VOL98083/4125 DOD03262018 CO-DC 1146005000400 1CM11460050
Census Tract017500
Assessed Land Value$219,670
Assessed Improvement Value$356,660
Assessment Year2025

About this property

Located in Mesquite's sought after Lake Park East Estates community. This well maintained residential property features a blend of classic allure and modern potential, set on a remarkable .9-acre lot. With 3 bedrooms, 3 full baths, an office and secondary living area, this home promises comfort and privacy, complemented by an expansive backyard providing you with your own true oasis. Step inside to a grand living room where elegant high ceilings meet the warmth of a fireplace, providing an inviting space for relaxation and entertainment. The wet bar adds a touch of sophistication, making this area ideal for festive gatherings or quiet evenings alike. Pairing with the home’s vintage charm, every room exudes a sense of well-maintained care, embodying a unique blend of nostalgia and livability. This home has convenient access to 635, positioning it just minutes from The Mesquite Rodeo, Downtown Dallas and Town East shopping and dining. Outside, a side entrance drive ensures easy access, while the massive backyard beckons outdoor enthusiasts with its numerous possibilities. Whether you're thinking of gardening, hosting outdoor soirees, or simply enjoying nature, this space is designed to accommodate your vision. This Mesquite property is a true gem. Its blend of strong foundational features and unique detail creates a canvas ready for your creative touch. Come experience the timeless appeal and serene setting that this extraordinary home has to offer.

Investor Tools

$4,381Estimated Mortgage Balance
$571,949Estimated Equity
99% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,458 /month
Positive
Cash Flow Estimate:
$1,153 /month

Interested in this property?

Cole Smith

Coldwell Banker Apex, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$409/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,031
$576,330
2025
$219,670
$356,660
$576,330
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,031
$576,330

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Service First Mortgage Corp
N/A
$47,500
N/A
First
Apr 20, 1998
May 2013

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$4,381
$571,949
99%
1%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
N/A
+$2,572/mo
5.4%

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.

Explore Texas Explore This Area
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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118 Riggs Cir | Property Details | No Agent List