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$315,000

120 Phillip, Mesquite, TX, 75149

On MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

About this property

What a great opportunity to start building right away! The owner has done all the prework with the City of Mesquite saving you approximately 2 years of preliminary work, with plans and meetings providing you with huge savings and time. These plans are to build an approximately 3000 SF retail building. Owner has a site plan, building plans and utility, grading, drainage and erosion control plans for your review. Owner occupy all or part for your business and lease the rest. No more paying rent, own and start building equity! The location is great with visibility from Main and Davis not to mention across the street from the City of Mesquites STAR Transit, which provides convenient transportation in the service area, providing over 235,000 rides annually. Also, located minutes to Mesquite HS and Hanby Football Stadium which hosts numerous games and events. This site is close to downtown square Mesquite and other retail and restaurants, including one of the highest volume CiCi Pizzas around. Not much land around in high traffic areas, especially with this opportunity.

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0% equity
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,890 /month
Positive
Cash Flow Estimate:
$630 /month

Interested in this property?

Belinda Epps

Epps Realty, LLC

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Financing Details

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

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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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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120 Phillip | Property Details | No Agent List