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$1,000,000

1514 New Market Rd, Mesquite, TX, 75149

PendingInfo
Beds5 Beds
Baths4 Bath
Baths5,560 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$175.36 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Water Heater, Microwave
FlooringCarpet, Laminate, Terrazzo

Exterior

Lot Size2.30 acres

Building Information

Year Built2005
Stories2
Roof Type105
Garage Spaces3

Land Information

APN381983100A0010000
Lot Number1
SubdivisionSpring Ridge 5
Land UseResidential
Legal DescriptionSPRING RIDGE 5 BLK A LT 1 ACS 2.2971 VOL2003102/1759 DD05142003 CO-DC 1983100A00100 1CM1983100A
Census Tract017606
Assessed Land Value$875,500
Assessed Improvement Value$124,500
Assessment Year2025

About this property

Embrace the romance of Spanish hacienda living in this one-of-a-kind custom estate, nestled on a serene, tree-lined property behind a private gated entry. A circular drive leads to striking Spanish-style double entry doors with arched tops, lited panels, and iron detailing. Turret-inspired architecture, lush landscaping, and charming Juliette balconies create unforgettable curb appeal. Inside, you’ll find soaring ceilings, a grand staircase with iron railings, rich wood floors, and natural light throughout. The main living room features one of two elegant fireplaces and dramatic floor-to-ceiling windows overlooking the scenic backyard. A secondary living area offers a more intimate space with French doors and warm accents, while the formal sitting room is framed by oversized Spanish-style double doors for added grandeur. The open-concept kitchen blends rustic charm with modern function and flows into a formal dining room adorned with chandeliers and arched French doors. Upstairs, the spacious primary suite is a true retreat, featuring a private sitting area, double doors, Juliette balcony, and a luxurious spa-style bath complete with dual vanities, marble flooring, and a freestanding clawfoot bathtub. This home also offers a media room, oversized guest bedrooms, and a large upstairs flex space—perfect as an office, gym, or lounge—with direct access to the breathtaking 872 sq ft open-air balcony for relaxing or entertaining. Outdoor living is equally exceptional with multiple covered patios, a full wraparound porch, and a fully equipped outdoor kitchen. The detached art studio or she-shed features exposed wood beams, abundant windows, and endless creative possibilities. With two fireplaces, a 3-car garage, iron double doors, and thoughtful architectural details throughout, this estate perfectly balances old-world charm and modern luxury.

Investor Tools

Property Icon
$1,000,000
Estimated Property Value
$214,100Estimated Mortgage Balance
$874,609Estimated Equity
79% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,000 /month
Positive
Cash Flow Estimate:
$2,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,298/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,573
$1,000,000
2025
$875,500
$124,500
$1,000,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$10,573
$1,000,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Credit Line (Revolving) / Heloc
$214,100
No
First
Aug 13, 2009
Sep 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$125,391
$874,609
87%
13%
$1,284/mo

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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1514 New Market Rd | Property Details | No Agent List