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$247,000

NAL Estimated Property Value

1418 Springcrest Drive, Mesquite, TX, 75149

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,254 Sq Ft
price_per_sqft$159.41 / sqft
Year BuiltBuilt in 1991

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size6,195 sqft

Building Information

Year Built1991
Stories1
Roof Type105
Garage Spaces2

Land Information

APN38198280050310000
Lot Number31
SubdivisionSpring Ridge
Land UseResidential
Legal DescriptionSPRING RIDGE 1 BLK 5 LOT 31 INT202000227989 DD08202020 CO-DC 1982800503100 1CM19828005
Census Tract017606
Assessed Land Value$45,000
Assessed Improvement Value$194,280
Assessment Year2025

About this property

Beautiful home in a convenient location near I-635 and Bruton Road in Mesquite, TX! This well-maintained house is located in a quiet neighborhood near shopping centers and restaurants. Open floor plan with 3 bedrooms, 2 bathrooms, and 2 car garage. Living room has laminate wood flooring and a gorgeous fireplace. Master bathroom includes double vanities and garden tub.

Investor Tools

Property Icon
$247,000
Estimated Property Value
$160,362Estimated Mortgage Balance
$86,638Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,482 /month
Positive
Cash Flow Estimate:
$494 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$566/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,551
$239,280
2025
$45,000
$194,280
$239,280
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,551
$239,280

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jmac Lending Inc
Conventional
$180,500
No
First
Aug 20, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$160,362
$86,638
35%
65%
$1,083/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,083/mo
+$889/mo
9.6%

City: Mesquite