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$259,900

1611 Hancock Dr, Mesquite, TX, 75149

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,468 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$177.04 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Gas Water Heater
FlooringTile

Exterior

Lot Size4,120 sqft

Building Information

Year Built1984
Stories2
Roof Type105
Garage Spaces2

Land Information

APN381077000C0160000
Lot Number16
SubdivisionHillcrest Park
Land UseResidential
Legal DescriptionHILLCREST PARK BLK C LT 16 INT202500021851 DD01312025 CO-DC 1077000C01600 1CM1077000C
Census Tract017705
Assessed Land Value$60,000
Assessed Improvement Value$185,140
Assessment Year2025

About this property

This fully renovated property is ready for a new owner to come build their memories! All new flooring, new carpet, new HVAC, foundation updated and repaired, all new paint, new plumbing fixtures, electrical upgrades and a nice wood and metal gate for the back driveway for more secure personal and work vehicles. Sizeable storage shed in back yard. This home is near elementary and middle schools as well as plenty of restaurants and shopping all around. City hall is right down the street. This home is perfect for a rental investment property or a starter home!

Investor Tools

Property Icon
$245,140
Estimated Property Value
$251,230Estimated Mortgage Balance
$0Estimated Equity
-2% 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
$576/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,687
$245,140
2025
$60,000
$185,140
$245,140
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,687
$245,140

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$251,230
No
First
Jan 31, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$245,292
N/A
0%
100%
$1,507/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,507/mo
+$465/mo
9.7%

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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