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$258,000

1305 Rivercrest Drive, Mesquite, TX, 75181

$258,271 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,255 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$114.41 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Cooktop, Microwave, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size7,952 sqft

Building Information

Year Built1996
Stories1
Roof Type105
Garage Spaces2

Land Information

APN38053640040150000
Lot Number15
SubdivisionCreek Crossing
Land UseResidential
Legal DescriptionCREEK CROSSING ESTATES 5 PH 2 BLK 4 LOT 15 INT202000361025 DD12232020 CO-DC 0536400401500 1CM05364004
Census Tract017307
Assessed Land Value$80,000
Assessed Improvement Value$298,740
Assessment Year2025

About this property

You'll love this charming one story home in Creek Crossing. Very well maintained and versatile floor plan. 3 bedrooms, 2 full baths, a formal dining, an office and a two car garage. Wood floors throughout the living and dining and updated carpet in all bedrooms. The kitchen is spacious with lots of cabinets, granite countertops and a bright and airy breakfast nook. The backyard is an oasis with a sparkling pool, hot tub, a decorative coi pond with waterfall and lots of privacy, surrounded by trees.

Investor Tools

Property Icon
$378,740
Estimated Property Value
$0Estimated Mortgage Balance
$133,246Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$258,270
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,272 /month
Positive
Cash Flow Estimate:
$757 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$765/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,286
$378,740
2025
$80,000
$298,740
$378,740
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,286
$378,740

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Fha
$260,988
Yes
First
Dec 23, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$245,494
$133,246
35%
65%
$1,639/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,940/mo
$1,639/mo
+$1,301/mo
9.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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1305 Rivercrest Drive | Property Details | No Agent List