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$229,000

1604 Summit St, Mesquite, TX, 75149

On MarketInfo
Beds3 Beds
Baths1 Bath
Baths990 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$231.31 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Gas Oven, Refrigerator
FlooringWood

Exterior

Lot Size7,500 sqft

Building Information

Year Built1960
Stories1
Roof Type105
Garage Spaces1

Land Information

APN38136500080100000
Lot Number10
SubdivisionNorthridge
Land UseResidential
Legal DescriptionNORTHRIDGE ESTATES 1 BLK 8 LT 10 VOL97228/2471 DD111997 CO-DALLAS 1365000801000 33813650008
Census Tract017704
Assessed Land Value$45,000
Assessed Improvement Value$143,550
Assessment Year2025

About this property

Well maintained home with classic charm and everyday convenience. Inside, enjoy original hardwoods that add warmth and character. Outside, enjoy a large covered deck perfect for relaxing or entertaining. A storage shed provides extra space for tools, lawn equipment, or seasonal items. The home features gas appliances for efficient cooking and heating. Conveniently located near shopping, dining, and hospitals. This home offers comfort, character, and an excellent location.

Investor Tools

Property Icon
$188,550
Estimated Property Value
$57,508Estimated Mortgage Balance
$179,225Estimated Equity
69% 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

Interested in this property?

Todd Russell

KW-Cedar Creek Lake Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$81/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$31
$188,550
2025
$45,000
$143,550
$188,550
No

Tax History

Year
Tax Paid
Assessed Value
2025
$31
$188,550

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Apex Mtg
Fha
$57,508
Yes
First
Nov 19, 1997
Dec 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$9,325
$179,225
95%
5%
$401/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$401/mo
+$1,571/mo
12.6%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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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1604 Summit St | Property Details | No Agent List