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$260,000

903 Meandering Way, Mesquite, TX, 75150

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,602 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$162.3 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size7,906 sqft

Building Information

Year Built1982
Stories1
Roof Type105
Garage Spaces2

Land Information

APN38094900020290000
Lot Number29
SubdivisionGreen Canyon
Land UseResidential
Legal DescriptionGREEN CANYON ESTATES BLK 2 LOT 29 INT202100254666 DD08232021 CO-DC 0949000202900 1CM09490002
Census Tract017811
Assessed Land Value$80,000
Assessed Improvement Value$238,420
Assessment Year2025

About this property

SUPER CUTE, UPDATED home in desirable Mesquite Poteet area of Green Canyon Estates. Fresh neutral paint, ceramic tile, new eng hardwood floors, & new double-hung tilt-out windows thruout! Cute galley kitchen with granite counters, tile backsplash, roomy walk-in pantry & sliding window to patio. Large living room with brick fireplace & wood mantle. Both bathrooms recently updated with new vanities, sinks, low-flow toilets, hardware, fixtures & plumbing. Master bathroom completely updated including huge new shower. Outside find covered patio, brand new 6' wood fence, workshop-storage shed with electricity & window, grass yard & mature trees. HVAC replaced 2012, Water Heater 2019, Roof 2017, Windows 2018.

Investor Tools

Property Icon
$318,420
Estimated Property Value
$259,218Estimated Mortgage Balance
$82,604Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,911 /month
Positive
Cash Flow Estimate:
$637 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$644/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,133
$318,420
2025
$80,000
$238,420
$318,420
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,133
$318,420

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Town Square Mortgage & Investments Inc
Fha
$259,218
Yes
First
Aug 23, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$235,816
$82,604
25%
74%
$1,555/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,555/mo
+$417/mo
7.4%

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.

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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903 Meandering Way | Property Details | No Agent List