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$295,000

1517 Wesley Drive, Mesquite, TX, 75149

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths1,765 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$167.14 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator
FlooringCarpet, Laminate, Tile

Exterior

Lot Size6,195 sqft

Building Information

Year Built1988
Stories1
Roof Type105
Garage Spaces2

Land Information

APN38198280050120000
Lot Number12
SubdivisionSpring Ridge
Land UseResidential
Legal DescriptionSPRING RIDGE 1 BLK 5 LOT 12 INT202400062653 DD03282024 CO-DC 1982800501200 1CM19828005
Census Tract017606
Assessed Land Value$45,000
Assessed Improvement Value$188,000
Assessment Year2025

About this property

WHY BUY NEW! WHEN THIS HAS A LOWER TAX RATE THAN MOST OF THE NEW HOMES AND NO HOA!! 4 BEDROOM 2 BATH AND REAR 2 CAR GARAGE, NEW FLOORING AND NEWER APPLIANCES! HOME QUALIFIES FOR MINIMUM OUT OF POCKET, CALL ME FOR DETAILS.WHY BUY NEW WHEN YOU CAN SAVE MORE HERE? Enjoy a lower tax rate than many new homes and NO HOA! This beautiful home features 4 bedrooms, 2 baths, a rear 2-car garage, new flooring, and newer appliances. This home may also qualify for minimum out-of-pocket financing options. Call me for details!

Investor Tools

Property Icon
$260,000
Estimated Property Value
$0Estimated Mortgage Balance
$59,492Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,770 /month
Positive
Cash Flow Estimate:
$590 /month

Interested in this property?

Fikru Tadesse

T. Custom Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$564/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,465
$233,000
2025
$45,000
$188,000
$233,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,465
$233,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$209,000
No
First
Mar 27, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$200,508
$59,492
22%
77%
$1,254/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,254/mo
+$1,318/mo
11.9%

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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1517 Wesley Drive | Property Details | No Agent List