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$287,000

NAL Estimated Property Value

1801 Cool Springs Drive, Mesquite, TX, 75181

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,857 Sq Ft
price_per_sqft$121.16 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Range, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Lot Size8,674 sqft

Building Information

Year Built1992
Stories2
Roof Type105
Garage Spaces2

Land Information

APN380539800I0010000
Lot Number1
SubdivisionCreek Crossing
Land UseResidential
Legal DescriptionCREEK CROSSING ESTATES 17 BLK I LT 1 INT202000219202 DD07232020 CO-DC 0539800I00100 1CM0539800I
Census Tract017310
Assessed Land Value$60,000
Assessed Improvement Value$219,070
Assessment Year2025

About this property

Wow!!! So much house at a fantastic price. House has been extensively updated to include exterior paint, bath and kitchen remodel, fresh sod, water heater, and crown molding. Features ceramic wood-like floors throughout most of the first floor, private office with barn door, huge island kitchen with tons of counter space. Bedrooms are all extra-large. Master bath has separate tub and shower and double granite-topped vanities. Huge corner lot with a board on board wood fence plus large patio area. This one will sell overnight!!!

Investor Tools

Property Icon
$287,000
Estimated Property Value
$193,699Estimated Mortgage Balance
$93,301Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,722 /month
Positive
Cash Flow Estimate:
$574 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$550/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,165
$279,070
2025
$60,000
$219,070
$279,070
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,165
$279,070

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Caliber Home Loans Inc
Fha
$218,469
Yes
First
Jul 23, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$193,699
$93,301
32%
67%
$1,310/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,940/mo
$1,310/mo
+$1,630/mo
12.3%

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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1801 Cool Springs Drive | Property Details | No Agent List