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$261,030

2854 Cumberland Dr, Mesquite, TX, 75150

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,220 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$213.11 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Ceramic Tile, Laminate

Building Information

Year Built1961
Stories1
Roof Type105
Garage Spaces1

Land Information

APN38065500030010000
SubdivisionEastridge Park
Land UseResidential
Legal DescriptionEASTRIDGE PARK 1 BLK C LT 1 INT202300217365 DD10192023 CO-DC 0655000300100 1CM06550003
Census Tract017816
Assessment Year2025

About this property

2854 Cumberland Drive in Mesquite, TX has undergone a stunning transformation with a complete remodel. Step inside to discover modern elegance and comfort seamlessly combined. From the sleek new kitchen to the updated bathrooms, every corner reflects meticulous attention to detail. The open layout invites you to entertain effortlessly, while the cozy bedrooms provide a perfect retreat. The primary bedroom has an ensuite full bath that is stunning with a floor to ceiling eye catching tile shower. Versatility meets functionality with an office that can easily be a 4th bedroom and is spacious. The oversized corner lot sits right across the street from Blackwood Park. The backyard is huge with a wonderful oversized patio. Finally, the one car garage is also extra deep for storage.

Investor Tools

Property Icon
$261,030
Estimated Property Value
$256,155Estimated Mortgage Balance
$7,142Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,566 /month
Positive
Cash Flow Estimate:
$522 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$613/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,056
$261,030
2025
N/A
N/A
$261,030
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,056
$261,030

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Link
Fha
$256,155
Yes
First
Oct 19, 2023
Nov 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$253,888
$7,142
2%
97%
$1,598/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,598/mo
+$374/mo
9.1%

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.

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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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2854 Cumberland Dr | Property Details | No Agent List