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$249,260

NAL Estimated Property Value

1516 Liberty Lane, Mesquite, TX, 75149

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,240 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$209.6 / sqft
Year BuiltBuilt in 1992

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, Electric Range, Microwave, Plumbed For Ice Maker
FlooringCarpet, Laminate

Exterior

Lot Size4,000 sqft

Building Information

Year Built1992
Stories1
Roof Type105
Garage Spaces2

Land Information

APN381077000A0330000
Lot Number33
SubdivisionHillcrest Park Rep
Land UseResidential
Legal DescriptionHILLCREST PARK REP BLK A LOT 33 INT202200220990 DD08122022 CO-DC 1077000A03300 1CM1077000A
Census Tract017705
Assessed Land Value$60,000
Assessed Improvement Value$189,260
Assessment Year2025

About this property

Back on Market! Charming home with stunning curb appeal! Open concept living features vaulted ceilings and wood burning fireplace in the living room. Great layout with the dining area overlooking the patio and an extra-long kitchen with a breakfast bar. Split bedroom floorplan with an ensuite bath in the master bedroom, bring your ideas to fully showcase this gem! Enjoy the privacy of an interior gated rear entry garage and an 8ft privacy fence. Approximately 4 year old heat and air. Conveniently located near retail and within minutes of highway access for a quick commute. Come view this cozy home and submit your offer today!

Investor Tools

Property Icon
$249,260
Estimated Property Value
$217,577Estimated Mortgage Balance
$31,683Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,559 /month
Positive
Cash Flow Estimate:
$520 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$596/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,901
$249,260
2025
$60,000
$189,260
$249,260
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,901
$249,260

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$233,910
No
First
Aug 12, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$217,577
$31,683
12%
87%
$1,403/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,403/mo
+$569/mo
9.5%

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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1516 Liberty Lane | Property Details | No Agent List