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$229,000

NAL Estimated Property Value

1601 Poplar Drive, Mesquite, TX, 75149

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,679 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$100.66 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Range, Refrigerator
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size19,210 sqft

Building Information

Year Built1962
Stories2
Roof Type105
Garage Spaces2

Land Information

APN38080500020190000
Lot Number19
SubdivisionEdgemont Park
Land UseResidential
Legal DescriptionEDGEMONT PARK 6 BLK B LOT 19 68.65X185.86 112.63X155.44 INT201900219830 DD07312019 CO-DC 0805000201900 1CM08050002
Census Tract017604
Assessed Land Value$45,000
Assessed Improvement Value$178,280
Assessment Year2025

About this property

Multiple offers received. Highest and best by Tuesday 9th at noon. What an amazing and rare chance to own this great house sitting in almost half an acre! This 3 Bedroom 1.1 Bath is located in a established neighborhood in Edgemont Park, Mesquite, less than 20 min from downtown Dallas. This home has instant curb appeal with a landscaped yard. Don't miss out and schedule your showing!

Investor Tools

Property Icon
$229,000
Estimated Property Value
$113,821Estimated Mortgage Balance
$115,179Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,374 /month
Positive
Cash Flow Estimate:
$458 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$527/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,180
$223,280
2025
$45,000
$178,280
$223,280
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,180
$223,280

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$131,678
No
First
Jul 31, 2019
Aug 2034

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$113,821
$115,179
50%
50%
$790/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$790/mo
+$1,182/mo
10.3%

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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1601 Poplar Drive | Property Details | No Agent List