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$344,450

NAL Estimated Property Value

2316 Spring Mills Rd, Mesquite, TX, 75181

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,038 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$172.67 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Gas Water Heater, Microwave, Refrigerator
FlooringBamboo, Tile, Vinyl

Exterior

Lot Size7,200 sqft

Building Information

Year Built1987
Stories2
Roof Type105
Garage Spaces2

Land Information

APN382249500U0190000
Lot Number19
SubdivisionValleycreek
Land UseResidential
Legal DescriptionVALLEYCREEK ESTATES PH 1 REV BLK U LOT 19 INT202200231998 DD08262022 CO-DC 2249500U01900 1CM2249500U
Census Tract017314
Assessed Land Value$65,000
Assessed Improvement Value$279,450
Assessment Year2025

About this property

Gorgeous 2-story home with the most charming curb appeal! Tucked behind shady, mature trees with classic white pillars, this home instantly draws you in! Inside the home boasts tall ceilings, and plenty of room to entertain amongst the formal dining & living room. Once the weather cools, cozy up by the gas fireplace and turn on the surround sound! Head further back into the family room & open kitchen that includes stainless steel appliances, and a little corner window nook. Upstairs you will find the huge primary suite, with jetted tub and seperate walk-in shower. The two extra bedrooms would be perfect for guests, or a home office! Notice zero carpet in the entire house, which makes this kid and pet friendly! Head out back to the cedar-wood fenced backyard with the perfect amount of space & plenty of shade! Truly the perfect place to call home!

Investor Tools

Property Icon
$344,450
Estimated Property Value
$304,593Estimated Mortgage Balance
$39,857Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,111 /month
Positive
Cash Flow Estimate:
$704 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$687/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,527
$344,450
2025
$65,000
$279,450
$344,450
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,527
$344,450

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Great Western Financial Services Inc
Fha
$327,458
Yes
First
Aug 26, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$304,593
$39,857
11%
88%
$1,964/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,940/mo
$1,964/mo
+$976/mo
10.2%

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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2316 Spring Mills Rd | Property Details | No Agent List