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$255,000

1401 Hillcrest St, Mesquite, TX, 75149

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,277 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$199.69 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Microwave, Refrigerator

Exterior

Lot Size7,500 sqft

Building Information

Year Built1955
Stories1
Roof Type105

Land Information

APN38136500250270000
Lot Number27
SubdivisionNorthridge
Land UseResidential
Legal DescriptionNORTHRIDGE ESTATES 1 BLK 25 LOT 27 INT202500000665 DD12312024 CO-DC 1365002502700 1CM13650025
Census Tract017703
Assessed Land Value$45,000
Assessed Improvement Value$186,190
Assessment Year2025

About this property

This beautifully renovated gem offers thoughtfully designed living space, perfect for those seeking a blend of style and comfort. As you step inside, you’ll be greeted by gorgeous laminated floors that flow throughout the entire home, creating a warm and inviting atmosphere. The newly renovated kitchen is a true showstopper, featuring brand new cabinets, sleek quartz countertops, chic black hardware, and state-of-the-art stainless steel appliances, including a refrigerator. Both bathrooms have been completely transformed with modern vanities, contemporary toilets, and backlit mirrors that add a touch of luxury to your everyday routine. The fresh paint inside and out gives this home a fresh, move-in-ready feel, so you can start making memories from day one. Outside, the large backyard is perfect for family gatherings, gardening, or simply unwinding after a long day. Easy access to I-635 and HWY 80, close to Evans Recreation Center, Restaurants and Retail, this house has it all.

Investor Tools

Property Icon
$232,000
Estimated Property Value
$270,275Estimated Mortgage Balance
$0Estimated Equity
-16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,530 /month
Positive
Cash Flow Estimate:
$510 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$272/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,104
$231,190
2025
$45,000
$186,190
$231,190
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,104
$231,190

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Iconic Mortgage Corp
Va
$270,275
Yes
First
Sep 3, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$267,124
N/A
0%
115%
$1,621/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,621/mo
+$351/mo
10.2%

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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1401 Hillcrest St | Property Details | No Agent List