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$230,000

1620 Hillcrest St, Mesquite, TX, 75149

On MarketInfo
Beds3 Beds
Baths1 Bath
Baths965 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$238.34 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesOther
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesOther
Lot Size7,500 sqft

Building Information

Year Built1955
Stories1
Roof Type105
Garage Spaces1

Land Information

APN38136500210140000
Lot Number14
SubdivisionNorthridge
Land UseResidential
Legal DescriptionNORTHRIDGE ESTATES 1 BLK 21 LT 14 VOL2003161/19978 DD07312003 CO-DC 1365002101400 33813650021
Census Tract017704
Assessed Land Value$45,000
Assessed Improvement Value$135,850
Assessment Year2025

About this property

Home Features 3 bds. & 1 bath, fenced in back yard, brick & siding, needs a little TLC and cosmetic work, close to highways 80 and 635, no blind offers accepted

Investor Tools

$28,884Estimated Mortgage Balance
$199,116Estimated Equity
87% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,380 /month
Positive
Cash Flow Estimate:
$460 /month

Interested in this property?

Tomas Garza

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$445/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,196
$180,850
2025
$45,000
$135,850
$180,850
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,196
$180,850

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Franklin American Mortgage Co
Fha
$81,028
Yes
First
Jul 31, 2003
Aug 2033

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$28,884
$199,116
87%
13%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
N/A
+$1,565/mo
8.2%

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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1620 Hillcrest St | Property Details | No Agent List