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$425,250

NAL Estimated Property Value

2941 Clearmeadow Dr, Mesquite, TX, 75181

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths2,985 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.17 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Gas Cooktop, Gas Water Heater, Microwave, Wine Cooler
FlooringCeramic Tile, Simulated Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size19,562 sqft

Building Information

Year Built1990
Stories2
Roof Type105
Garage Spaces2

Land Information

APN380539500C0200000
Lot Number20
SubdivisionCreek Crossing
Land UseResidential
Legal DescriptionCREEK CROSSING ESTATES 14 BLK C LOT 20 INT202200277924 DD10212022 CO-DC 0539500C02000 1CM0539500C
Census Tract017308
Assessed Land Value$135,000
Assessed Improvement Value$290,250
Assessment Year2025

About this property

Available for 12-month lease Completely updated 5-bedroom, 4-bath home sitting on nearly ½ an acre, tucked away on a quiet, well-kept street in the private Creeks Crossing Estates neighborhood. This is not a cookie-cutter remodel. Inside, you’ll find light, modern flooring throughout, fresh carpet in the bedrooms, and updated lighting that makes every space feel bright and intentional. The bedrooms are oversized—the kind of room sizes you simply don’t see anymore. Downstairs is a second primary bedroom with ensuite bathroom or could be used as a private home office. The kitchen is built for both everyday living and entertaining, featuring an extended island with black quartz countertops, updated stainless steel appliances, a refrigerator, and a built-in wine chiller. It opens directly to the living area, so you’re always part of the action, with a striking fireplace as the centerpiece. Upstairs, the updated staircase and photo-gallery wall lead you to a huge primary suite complete with its own fireplace. The en-suite bath feels like a retreat, with a double shower and a claw-foot soaking tub. The three secondary bedrooms are just as impressive—large, bright, and filled with natural light. Step outside to an oversized backyard that’s an entertainer’s dream. Large, covered patio with plenty of space to host, relax, and actually enjoy the outdoors. Gated board on board fence with electric gate and plenty of parking with long driveway. Owner will update paint with accepted lease.

Investor Tools

Property Icon
$425,250
Estimated Property Value
$326,727Estimated Mortgage Balance
$98,523Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,552 /month
Positive
Cash Flow Estimate:
$851 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,008/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,975
$425,250
2025
$135,000
$290,250
$425,250
No

Tax History

Year
Tax Paid
Assessed Value
2025
$9,975
$425,250

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$350,000
No
First
Oct 21, 2022
Nov 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$326,727
$98,523
23%
77%
$2,099/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,830/mo
$2,099/mo
+$1,731/mo
10.8%

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.

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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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2941 Clearmeadow Dr | Property Details | No Agent List