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$259,900

224 Rockcrest Dr, Mesquite, TX, 75150

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,344 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$193.38 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Refrigerator
FlooringLaminate

Exterior

Lot Size7,320 sqft

Building Information

Year Built1979
Stories1
Roof Type105
Garage Spaces1

Land Information

APN38120480180170000
Lot Number17
SubdivisionMeadowdale
Land UseResidential
Legal DescriptionMEADOWDALE 3 BLK 18 LT 17 INT202200225525 DD08182022 CO-DC 1204801801700 1CM12048018
Census Tract017811
Assessed Land Value$60,000
Assessed Improvement Value$210,050
Assessment Year2025

About this property

Presenting a strong investment opportunity, this 3-bedroom, 2-bathroom property in the Meadowdale neighborhood is being offered as-is. The spacious, open floor plan features a primary suite with a large walk-in closet and an updated kitchen complete with sleek countertops and stainless-steel appliances. A private, fully fenced backyard adds excellent rental appeal, while the prime location near trails, greenbelts, and major highways ensures easy commutes for future occupants. Schedule your private showing today to evaluate this promising asset.

Investor Tools

Property Icon
$270,050
Estimated Property Value
$370,983,000Estimated Mortgage Balance
$0Estimated Equity
-137276% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,620 /month
Positive
Cash Flow Estimate:
$540 /month

Interested in this property?

Lynette Thomas

Entera Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$681/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,828
$270,050
2025
$60,000
$210,050
$270,050
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,828
$270,050

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Goldman Sachs Mortgage Company
Commercial
$370,983,000
No
First
Aug 18, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$345,078,396
N/A
0%
127783%
$2,224,231/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,224,231/mo
$-2,222,259/mo
8.8%

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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224 Rockcrest Dr | Property Details | No Agent List