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$189,900

1221 Paintbrush Street, Mesquite, TX, 75149

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,595 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$119.06 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Microwave
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesStorage
Lot Size5,290 sqft

Building Information

Year Built1983
Stories1
Roof Type105
Garage Spaces2

Land Information

APN381204400C0290000
Lot Number29
SubdivisionMeadow Creek Ph 1b
Land UseResidential
Legal DescriptionMEADOW CREEK PH 1B BLK C LOT 29 INT202000172598 DD06302020 CO-DC 1204400C02900 1CM1204400C
Census Tract017706
Assessed Land Value$50,000
Assessed Improvement Value$218,440
Assessment Year2025

About this property

Turn key ready for the perfect homeowner who wants to live close to everything. Walking distance to nearby elementary school. Three bedroom, two bath single story home that has been well taken care of. Large kitchen with plenty of prep space and storage. There is a gated entry for added privacy. Don't miss the storage shed in the back. This will be a wonderful opportunity for that new home buyer looking for a great starter home. See updated square footage documentation in attached docs.

Investor Tools

Property Icon
$268,440
Estimated Property Value
$0Estimated Mortgage Balance
$98,511Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,611 /month
Positive
Cash Flow Estimate:
$537 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$460/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,175
$268,440
2025
$50,000
$218,440
$268,440
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,175
$268,440

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Fha
$186,459
Yes
First
Jun 29, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$169,929
$98,511
36%
63%
$1,152/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,152/mo
+$820/mo
8.8%

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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1221 Paintbrush Street | Property Details | No Agent List