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A+
NoAgentList RatingHow are grades calculated? Info

$199,900

1408 Meadowcrest Drive, Mesquite, TX, 75149

$246,161 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,165 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$92.33 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Range, Microwave
FlooringCeramic Tile, Laminate

Exterior

Exterior FeaturesStorage
Lot Size9,120 sqft

Building Information

Year Built1970
Stories1
Roof Type105
Garage Spaces2

Land Information

APN38186500310230000
Lot Number23
SubdivisionSkyline 1st Sec
Land UseResidential
Legal DescriptionSKYLINE 3 1ST SEC BLK 31 LT 23 76X120 INT201900136217 DD05232019 CO-DC 1865003102300 1CM18650031
Census Tract017805
Assessed Land Value$55,000
Assessed Improvement Value$212,770
Assessment Year2025

About this property

This house has it all! Oversized lot and amazing curb appeal in an established neighborhood. Great open floor plan for entertaining with a grand, traditional fireplace with brick from floor to ceiling. Large master suite, with oversized secondary bedrooms. French doors open up to lead you to the back patio and large backyard with beautiful, mature trees. Easy access to shopping, dining, and 635.

Investor Tools

Property Icon
$277,000
Estimated Property Value
$0Estimated Mortgage Balance
$137,795Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$246,160
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,662 /month
Positive
Cash Flow Estimate:
$554 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$633/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,212
$267,770
2025
$55,000
$212,770
$267,770
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,212
$267,770

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Bank Financial
Arm (Adjustable Rate Mortgage)
$156,000
No
First
May 23, 2019
Jun 2044

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$139,205
$137,795
49%
50%
$911/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$911/mo
+$1,661/mo
11.1%

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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1408 Meadowcrest Drive | Property Details | No Agent List