Street View

B+

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Owner Contacts

$224,000

1602 Mesquite Ave, Three Rivers, TX, 78071

Off Market

4 Beds

2 Bath

1,590 Sq Ft

Single Family Residence

$157.17 / sqft

Built in 1967

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Exterior

Lot Size15,808 sqft

Building Information

Year Built1967

Land Information

APN0090-0003-0009-00

Lot Number9

Land UseResidential

Legal DescriptionSUNRISE HILL BLOCK 3 LOT 9 (1/2) &10

Census Tract950100

Assessed Land Value$20,590

Assessed Improvement Value$128,360

Assessment Year2025

About this property

Welcome to 1602 Mesquite Ave, Three Rivers, TX 78071! This charming home offers: 4 Bedrooms, 1.5 Bathrooms: Plenty of space for entertaining guests. Oversized Corner Lot: Enjoy ample outdoor space on this generous 0.36-acre lot. Privacy Fence: Provides a secluded and secure backyard environment. Tile Flooring Throughout: Easy maintenance and a clean, modern look. Fresh Interior Paint: The entire interior has been recently painted, giving the home a fresh and inviting feel. New Appliances: Includes a refrigerator and a brand-new dishwasher for your convenience. Exterior Updates: All-new exterior paint is planned, enhancing the home's curb appeal. Built in 1967, this 1,590 sq ft home combines classic charm with modern updates. It's conveniently located near local amenities, making it an ideal choice for anyone seeking a spacious, move-in-ready home. Don't miss out on this opportunity! Contact me today to schedule a viewing and make this beautiful house your new home.

Investor Tools

$224,000

Estimated Property Value

$88,500Estimated Mortgage Balance

$165,050Estimated Equity

60% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,499 /month

Positive

Cash Flow Estimate:

$500 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$366/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,274

$148,950

2025

$20,590

$128,360

$148,950

Tax History

Year

Tax Paid

Assessed Value

2025

$3,274

$148,950

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Home Loan Center Inc

Conventional

$88,500

First

Dec 1, 2011

Jan 2042

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$58,950

$165,050

73%

26%

$0/mo

Learn About the Market: Opportunity in Texas

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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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