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$282,000

1207 Meandering Way, Mesquite, TX, 75150

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,607 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$177.29 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven
FlooringCeramic Tile, Vinyl

Exterior

Exterior FeaturesPlayground
Lot Size8,614 sqft

Building Information

Year Built1981
Stories1
Roof Type105
Garage Spaces2

Land Information

APN38152650010070000
Lot Number7
SubdivisionPalos Verdes
Land UseResidential
Legal DescriptionPALOS VERDES ESTATES 5 PH 2 BLK 1 LT 7 73X118 INT201000277485 DD10192010 CO-DC 1526500100700 1CM15265001
Census Tract017812
Assessed Land Value$55,000
Assessed Improvement Value$206,810
Assessment Year2025

About this property

Welcome to 1207 Meandering Way — a beautifully updated 3-bedroom, 2-bath brick home in the desirable Palos Verdes neighborhood of Mesquite. Step inside to an inviting living area with a cozy brick fireplace and an open layout filled with natural light. The home features a freshly remodeled kitchen and bathrooms, showcasing updated cabinetry, modern fixtures, new countertops, and stylish tile work. New flooring, fresh paint, and updated window blinds give the entire home a bright, move-in-ready feel. The spacious primary suite offers comfort and privacy, while the additional bedrooms provide flexibility for guests, family, or a home office. Outside, enjoy a covered patio with a large fenced backyard and playground — perfect for entertaining, kids, or pets. The attached two-car garage offers convenience and storage space. Located on a quiet street near schools, shopping, dining, and major highways, this home offers easy access to everything Mesquite has to offer while maintaining a peaceful neighborhood feel. Buyer to verify all schools, measurements, and property details. Owner Will Finance. Agent-owned property.

Investor Tools

Property Icon
$282,000
Estimated Property Value
$284,000Estimated Mortgage Balance
$0Estimated Equity
-1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,709 /month
Positive
Cash Flow Estimate:
$570 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$453/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,027
$261,810
2025
$55,000
$206,810
$261,810
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,027
$261,810

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Vantage Bank Texas
Unknown
$284,000
No
First
Dec 22, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$563,882
N/A
0%
200%
$3,406/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$3,406/mo
$-1,434/mo
8.4%

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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1207 Meandering Way | Property Details | No Agent List