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B+
NoAgentList RatingHow are grades calculated? Info

$184,900

1500 Poplar Drive, Mesquite, TX, 75149

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,460 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$126.64 / sqft
Year BuiltBuilt in 1991

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh Equity

Highlights

Interior

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

Exterior

Lot Size7,260 sqft

Building Information

Year Built1991
Stories1
Roof Type105
Garage Spaces2

Land Information

APN38198280060050000
Lot Number5
SubdivisionSpring Ridge
Land UseResidential
Legal DescriptionSPRING RIDGE 1 BLK 6 LT 5 INT201900282713 DD10182019 CO-DC 1982800600500 1CM19828006
Census Tract017606
Assessed Land Value$45,000
Assessed Improvement Value$186,990
Assessment Year2025

About this property

STUNNING! This property was remodeled from top to bottom. Floors, paint, countertops, appliances, etc. You name it and it has most likely been redone. Good sized back yard with sliding gate and board on board fence allows for ample privacy to enjoy your pergola covered patio. His and Her sinks in the master along with separate shower and tub highlight the master suite area which is separate from the other bedrooms. Kitchen is centrally located and overlooks the living room and breakfast nook. This property is ready for new owners to make it their own! Professional photos to be taken.

Investor Tools

Property Icon
$247,000
Estimated Property Value
$0Estimated Mortgage Balance
$81,183Estimated Equity
100% 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
$551/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,382
$231,990
2025
$45,000
$186,990
$231,990
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,382
$231,990

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pilgrim Mortgage Llc
Va
$190,588
Yes
First
Oct 18, 2019
Nov 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$165,817
$81,183
32%
67%
$1,143/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,143/mo
+$829/mo
9.6%

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.

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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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1500 Poplar Drive | Property Details | No Agent List