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$269,240

1617 Wheatfield Dr, Mesquite, TX, 75149

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,600 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$164.38 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

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, Vinyl

Exterior

Exterior FeaturesRain Gutters, Lighting, Storage
Lot Size4,506 sqft

Building Information

Year Built1985
Stories1
Roof Type105
Garage Spaces1

Land Information

APN381722500G0050000
Lot Number5
SubdivisionSamuell Park Farms East
Land UseResidential
Legal DescriptionSAMUELL PARK FARMS EAST BLK G LT 5 INT202400185494 DD09122024 CO-DC 1722500G00500 1CM1722500G
Census Tract018158
Assessed Land Value$65,000
Assessed Improvement Value$204,240
Assessment Year2025

About this property

Quite, secluded, community nestled off Interstate 80 for a quick commute to Dallas. This home offers 4 bedrooms and two baths. Beautiful vaulted ceilings, and a wood burning fireplace in the Living room. Super clean home, move in ready. Garage was converted to a large bedroom, or entertainment area. Rear entry with a two car carport. Patio area to the side of the home for avid gardeners. There is an 8x10 Storage Building. Very nice landscaping. Don't miss an opportunity to view this home.

Investor Tools

Property Icon
$269,240
Estimated Property Value
$260,200Estimated Mortgage Balance
$6,681Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,615 /month
Positive
Cash Flow Estimate:
$538 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$399/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,437
$269,240
2025
$65,000
$204,240
$269,240
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,437
$269,240

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Midwest Mortgage Associates Corp
Fha
$260,200
Yes
First
Sep 12, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$262,559
$6,681
2%
98%
$1,624/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,624/mo
+$948/mo
11.5%

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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1617 Wheatfield Dr | Property Details | No Agent List