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$349,500

1506 Cedarcrest Cir, Mesquite, TX, 75149

Off MarketInfo
Beds5 Beds
Baths2 Bath
Baths2,137 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$163.55 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range
FlooringCarpet, Ceramic Tile

Exterior

Lot Size7,802 sqft

Building Information

Year Built1999
Stories1
Roof Type105
Garage Spaces4

Land Information

APN381982500B0020000
Lot Number2
SubdivisionSpring Ridge
Land UseResidential
Legal DescriptionSPRING RIDGE ESTATES PH 4 BLK B LT 2 INT202200228662 DD08222022 CO-DC 1982500B00200 1CM1982500B
Census Tract017606
Assessed Land Value$60,000
Assessed Improvement Value$234,410
Assessment Year2025

About this property

This beautiful home has been owned, loved and cared for by only one owner! It's been the perfect home until it was time to relocate closer to family. The sellers will miss the quiet neighborhood, wonderful floor plan & the backyard. When you enter the home you will be greeted by the open living area & wood burning fireplace. Split bedrooms make for an excellent floor plan with privacy. Two additional oversized bedrooms were added in 2019 with permits adding 660 sqft to the home's overall size as well as a new 5 ton HVAC unit to accommodate the additional square footage. This 5 bedroom 2 bath home has the perfect layout offering plenty of space, privacy and the opportunity to have a home office if needed. Covered patio in backyard, large storage shed to store lawn equipment and tools PLUS garage and 2 car carport for extra parking and covered space. This home has a great location with easy access to LBJ highway. Move in ready. All you need to do is unpack!

Investor Tools

Property Icon
$294,410
Estimated Property Value
$0Estimated Mortgage Balance
$294,410Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,097 /month
Positive
Cash Flow Estimate:
$699 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$725/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,225
$294,410
2025
$60,000
$234,410
$294,410
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,225
$294,410

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$294,410
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
N/A
+$1,972/mo
8.0%

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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1506 Cedarcrest Cir | Property Details | No Agent List