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$259,900

1722 Hillcrest Street, Mesquite, TX, 75149

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,720 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$151.1 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Laminate

Exterior

Lot Size7,500 sqft

Building Information

Year Built1955
Stories2
Roof Type105

Land Information

APN38136500220060000
Lot Number6
SubdivisionNorthridge
Land UseResidential
Legal DescriptionNORTHRIDGE ESTATES 1 BLK 22 LT 6 INT202400132833 DD06282024 CO-DC 1365002200600 1CM13650022
Census Tract017704
Assessed Land Value$45,000
Assessed Improvement Value$163,870
Assessment Year2025

About this property

1722 Hillcrest Street in Mesquite is a smart addition to any investment portfolio—offering immediate rental income with a proven tenant already in place. This property is currently tenant-occupied, and the tenant has been a great long-term renter who would like to stay, making this an ideal opportunity for investors looking for a smooth, low-hassle transition and stable cash flow from day one. Location is another major advantage. Centrally situated in Mesquite, this home provides excellent convenience to everyday essentials. Enjoy quick access to nearby schools, shopping centers, dining, and local services, plus easy connectivity to major freeways for commuting throughout the DFW area. Whether your strategy is to hold as a long-term rental or add a performing asset to your portfolio, this property checks the boxes for both location and income potential. Don’t miss the chance to secure a tenant-in-place investment in an established Mesquite neighborhood—schedule a showing today and start earning from closing.

Investor Tools

$200,043Estimated Mortgage Balance
$56,957Estimated Equity
22% 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

Interested in this property?

Diana Pham

LANDMARK LEGACY REALTY

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$515/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,899
$208,870
2025
$45,000
$163,870
$208,870
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,899
$208,870

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lending Praxes Llc
Purchase Money Mortgage
$207,500
No
First
Jun 28, 2024
Jul 2025

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$200,043
$56,957
22%
78%
$1,245/mo

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.

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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1722 Hillcrest Street | Property Details | No Agent List