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$259,900

1511 Sabine Pass, Mesquite, TX, 75150

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,512 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$171.89 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

BankruptcyAuctionPre-ForeclosureOff-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range
FlooringCarpet, Laminate, Other

Exterior

Lot Size9,120 sqft

Building Information

Year Built1984
Stories1
Roof Type105
Garage Spaces2

Land Information

APN38216850520120000
Lot Number12
SubdivisionTowne Centre Village
Land UseResidential
Legal DescriptionTOWNE CENTRE VILLAGE BLK B LOT 12 80X114.16X64.23X70 INT201500213442 DD08072015 CO-DC 2168505201200 1CM21685052
Census Tract017818
Assessed Land Value$60,000
Assessed Improvement Value$227,590
Assessment Year2025

About this property

This one has it all—fenced backyard, rear-entry garage, and NO HOA. Vaulted ceilings brighten the living room, while low-maintenance flooring keeps the main spaces sleek and easy. Spacious secondary bedrooms offer comfort and flexibility. Granite countertops in the kitchen and bathrooms add timeless style. And the location? Unmatched—just minutes to both I-635 and I-30, with shopping, dining, and everything you need only a quick drive away. Don’t miss this opportunity tour this incredible home. Discounted rate options and no lender fee future refinancing may be available for qualified buyers of this home. Current interest rate may be assumable.

Investor Tools

Property Icon
$287,590
Estimated Property Value
$0Estimated Mortgage Balance
$287,590Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,726 /month
Positive
Cash Flow Estimate:
$575 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$516/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,750
$287,590
2025
$60,000
$227,590
$287,590
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,750
$287,590

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ntfn Inc
Fha
$136,482
Yes
First
Aug 7, 2015
Sep 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$127,838
$159,752
55%
44%
$970/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$970/mo
+$1,002/mo
8.2%

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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