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613 Grande Dr
C- Composite 54.66
Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +17.7/30.0
  • ARV discount +14.2/15.0
  • 1% rule +5.7/10.0
  • DSCR +5.5/10.0
  • Livability +3.5/5.0
  • Schools +2.9/10.0
  • Rent growth +2.6/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$175,000

613 Grande Dr · Mesquite, TX 75149
3 bd · 1.5 ba · 1,042 sqft · SingleFamily public records · 165 Days on market
Built 1954 7,362 sqft lot $168/sqft · 15% below area Est $206k · 15% under ↓ 17% since listing

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Freshly painted 3-bedroom, 1.5-bath single-story home on a slab foundation with a one-car garage and strong value-add potential, located within walking distance to local schools. Approximately a 7-minute walk to Florence Black Elementary and a 16-minute walk to Mesquite High School. The property features two separate driveways, including a long secondary driveway along the side of the home with gated backyard access, providing parking for approximately six vehicles. The garage includes a window and side door, making it suitable for conversion into a fourth bedroom or flex space, while the large backyard has room for a detached garage. The existing half bath provides an opportunity for expansion into a second full bathroom. Interior features include original oak hardwood floors throughout the living areas and bedrooms. The kitchen is plumbed for both natural gas and electric ranges and includes a built-in dining cabinet. There is no carpet throughout the home. All bedrooms feature ceiling fans and multiple windows. The property is vacant, and move-in ready, with room for cosmetic updates and personalization. Additional features include central heating and air, natural gas water heater, covered front porch, vinyl siding, and a spacious fenced backyard with side access. An excellent opportunity for buyers seeking a livable home with sweat-equity upside, expansion potential, flexible parking, and schools within walking distance. Natural Gas hookup for the backyard grill.

Key facts

  • One car garage
  • Existing half bath
  • Large backyard

Tags

ONE CAR GARAGETWO SEPARATE DRIVEWAYSGATED BACKYARD ACCESSLARGE BACKYARDDETACHED GARAGEEXISTING HALF BATH

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/1.5-bath single-family listed at $175k.

Deal economics

  • At list price, monthly cash flow is $142 ($2k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $175k).
  • Recommended offer: $154k (12.0% below list) — sets the bar for market timing.
  • Cap rate 7.3% vs local median 4.4% in Mesquite — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 70/100 on livability (#358 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A-; Watch: schools C-, crime F, commute F.
  • Mesquite ISD (suburban): math 35% / reading 32% proficiency, ranked #536 of 826 in TX (top 65%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 63% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: Rents flat; 345 active listings in the ZIP; 37 comparable units currently listed for rent nearby; rentals at typical pace (median 14d on market — plan ~3-4 weeks tenant-placement turnaround); 12,577 units permitted in Dallas County in 2024 (6,829 in 5+ unit buildings).
  • This rent runs 32% of the median local income ($71k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
  • Dallas County population projected at +35% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 165 days — a 12% lower offer ($154k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts; this cycle's ask has dropped $35k (17%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Watch-outs: built in 1954 — expect roof / HVAC / electrical / plumbing capex.
  • Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $154,000 (12.0% below list)

Questions for the listing agent

  1. It's been on market 165 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Built in 1954 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
  6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
1.07%
Cap rate
7.26%
Cash-on-cash
3.47%
DSCR
1.15
GRM
7.8

CMA / ARV

ARV (median comp)
$205,538
List price
$175,000
Delta
-14.86%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
624 Leyenda Dr 0.10mi 3/1.0 1,074 (+3%) 2mo $199,999 $186 86
616 Wilkinson Dr 0.09mi 3/1.0 952 (-9%) 5mo $200,000 $210 76
413 Lindo Dr 0.32mi 3/2.0 1,181 (+13%) 1mo $234,500 $199 60
606 Las Brisas Dr 0.35mi 3/2.0 1,196 (+15%) 1mo $190,000 $159 56
603 Las Brisas Dr 0.32mi 3/2.0 1,196 (+15%) 3mo $224,900 $188 56
1013 Casa Dr 0.42mi 3/1.0 1,175 (+13%) 3mo $195,000 $166 55
623 Caladium Dr 0.59mi 3/2.0 1,122 (+8%) 4mo $200,000 $178 55
700 Rancho Dr 0.31mi 2/2.0 (-1) 1,172 (+12%) 4mo $220,000 $188 55
813 Bluebonnet Ln 0.58mi 3/2.0 936 (-10%) 2mo $219,000 $234 52
1315 Rancho Dr 0.72mi 3/1.5 1,118 (+7%) 4mo $264,500 $237 50
1221 Greenway Dr 0.66mi 3/1.5 1,142 (+10%) 4mo $195,900 $172 50
905 Bluebonnet Ln 0.64mi 4/2.0 (+1) 1,197 (+15%) 1mo $198,400 $166 37

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.22% rent growth · sell at horizon

5-year hold
IRR
-14.3%
Equity multiple
0.50×
Total profit
$-24,348
Equity at exit
$26,093
10-year hold
IRR
-11.5%
Equity multiple
0.41×
Total profit
$-29,007
Equity at exit
$15,131

Cash invested: $49,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
87 Strongly Landlord-Friendly
State Texas
87 Strongly Landlord-Friendly · R+5
County
— inherits STATE
City
— inherits STATE
3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.

ZIP-level market 75149

Home prices YoY
-27.4%
Rents YoY
0.2%
Active inventory
345
Price-to-rent
7.8×

Monthly cashflow live

Estimated rent
$1,881 high interval (Pro) →
Mortgage (P&I)
$918
Tax from tax record
$354 /mo · $4,243/yr
Insurance
$73
HOA
$0
Vacancy / Maint / Mgmt
$395
Net cashflow
$142

Break-even live

Break-even rent $1,702
Max offer price $175,000
Occupancy floor 87%

Sensitivity live

Price -10% $241 -5% $191 +0% $142 +5% $92 +10% $43
Rent -10% $-7 -5% $67 +0% $142 +5% $216 +10% $290
Rate -1.0pp $230 -0.5pp $186 base $142 +0.5pp $96 +1.0pp $50

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$43,750
Closing costs
$5,250
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 37 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
334 Freeman St Mesquite, TX 3.0 2.0 1330 $2,180 $1.64 9d 1 0.18mi
902 Lindo Dr Mesquite, TX 3.0 1.0 982 $1,695 $1.73 9d 1 0.36mi
1115 Casa Dr Mesquite, TX 2.0 2.0 1215 $1,850 $1.52 25d 1 0.47mi
711 Darnel Dr Mesquite, TX 4.0 2.0 1370 $1,939 $1.42 9d 1 0.63mi
1424 Savannah St Mesquite, TX 3.0 2.0 1462 $1,959 $1.34 18d 1 0.64mi
1617 Savannah St Mesquite, TX 3.0 2.0 1306 $1,985 $1.52 6d 1 0.79mi
1601 Chapman Dr Mesquite, TX 3.0 2.0 1306 $1,845 $1.41 14d 1 0.80mi
608 Coolwood Ln Mesquite, TX 3.0 2.0 1272 $1,900 $1.49 45d 1 0.80mi
612 Coolwood Ln Mesquite, TX 3.0 2.0 1433 $1,746 $1.22 45d 1 0.80mi
1601 Hillwood Dr Mesquite, TX 3.0 2.0 1284 $2,095 $1.63 9d 1 0.84mi
1104 Ashland Dr Mesquite, TX 3.0 1.0 1250 $1,625 $1.30 9d 1 0.89mi
1400 Long Shadow Ln Mesquite, TX 4.0 2.0 1474 $2,250 $1.53 9d 1 0.89mi
1311 Caladium Dr Mesquite, TX 3.0 1.5 1000 $1,650 $1.65 14d 1 0.93mi
1336 E Park Dr Mesquite, TX 3.0 1.0 1031 $1,695 $1.64 4d 1 0.97mi
724 Melinda Dr Mesquite, TX 3.0 2.0 1400 $1,950 $1.39 3d 1 0.97mi
505 Picketts Dr Mesquite, TX 3.0 2.0 1406 $1,950 $1.39 45d 1 1.05mi
324 Crooked Ln Mesquite, TX 2.0 2.0 1248 $1,700 $1.36 14d 1 1.11mi
1801 Wilkinson Rd Mesquite, TX 2.0 1.0 1396 $1,550 $1.11 45d 1 1.15mi
337 Conger Dr Mesquite, TX 3.0 2.0 1177 $1,900 $1.61 18d 1 1.17mi
232 Alexandria St Mesquite, TX 3.0 2.5 1370 $1,795 $1.31 45d 1 1.22mi
732 Versailles St Mesquite, TX 3.0 2.0 1325 $1,649 $1.24 9d 1 1.24mi
400 Highland Village Dr Unit 649 Mesquite, TX 2.0 1.0 853 $1,425 $1.67 14d 1 1.29mi
400 Highland Village Dr Unit 633 Mesquite, TX 2.0 1.0 853 $1,480 $1.74 45d 1 1.29mi
400 Highland Village Dr Unit 565 Mesquite, TX 2.0 1.0 953 $1,399 $1.47 45d 1 1.29mi
400 Highland Village Dr Unit 520 Mesquite, TX 2.0 1.0 953 $1,349 $1.42 45d 1 1.29mi
12931 Parker Ct Balch Springs, TX 3.0 2.0 1338 $2,155 $1.61 9d 1 1.30mi
211 Athel Dr Mesquite, TX 3.0 2.0 1362 $2,100 $1.54 9d 1 1.30mi
701 Lee St Unit 2A Mesquite, TX 2.0 1.5 1073 $1,600 $1.49 14d 1 1.31mi
822 Colchester Dr Mesquite, TX 2.0 2.0 1064 $1,650 $1.55 9d 1 1.32mi
817 Denmark Dr Mesquite, TX 3.0 2.0 1229 $1,625 $1.32 9d 1 1.37mi
1416 Hackamore St Mesquite, TX 3.0 2.0 1500 $2,200 $1.47 3d 1 1.38mi
1232 Wheatfield Dr Mesquite, TX 2.0 2.0 1204 $1,825 $1.52 25d 1 1.40mi
1409 Hackamore St Mesquite, TX 3.0 2.5 1360 $1,965 $1.44 14d 1 1.40mi
1201 Wheatfield Dr Mesquite, TX 2.0 2.0 1204 $1,800 $1.50 45d 1 1.40mi
804 W Grubb Dr Mesquite, TX 3.0 1.5 1314 $1,800 $1.37 13d 1 1.43mi
1436 Wheatfield Dr Mesquite, TX 3.0 2.0 1317 $2,180 $1.66 45d 1 1.49mi
1512 Wheatfield Dr Mesquite, TX 3.0 2.0 1406 $2,000 $1.42 9d 1 1.49mi

Listing history 16 events

  1. 2026-06-02
    statusdays on market $175,000 Pending 165 DOM
  2. 2026-06-01
    days on market $175,000 Active Option Contract 164 DOM
  3. 2026-05-31
    days on market $175,000 Active Option Contract 163 DOM
  4. 2026-05-16
    price $175,000 1492-char remark
    Show marketing remark (1492 chars)

    Freshly painted 3-bedroom, 1.5-bath single-story home on a slab foundation with a one-car garage and strong value-add potential, located within walking distance to local schools. Approximately a 7-minute walk to Florence Black Elementary and a 16-minute walk to Mesquite High School. The property features two separate driveways, including a long secondary driveway along the side of the home with gated backyard access, providing parking for approximately six vehicles. The garage includes a window and side door, making it suitable for conversion into a fourth bedroom or flex space, while the large backyard has room for a detached garage. The existing half bath provides an opportunity for expansion into a second full bathroom. Interior features include original oak hardwood floors throughout the living areas and bedrooms. The kitchen is plumbed for both natural gas and electric ranges and includes a built-in dining cabinet. There is no carpet throughout the home. All bedrooms feature ceiling fans and multiple windows. The property is vacant, and move-in ready, with room for cosmetic updates and personalization. Additional features include central heating and air, natural gas water heater, covered front porch, vinyl siding, and a spacious fenced backyard with side access. An excellent opportunity for buyers seeking a livable home with sweat-equity upside, expansion potential, flexible parking, and schools within walking distance. Natural Gas hookup for the backyard grill.

  5. 2026-05-15
    status Active 1492-char remark
    Show marketing remark (1492 chars)

    Freshly painted 3-bedroom, 1.5-bath single-story home on a slab foundation with a one-car garage and strong value-add potential, located within walking distance to local schools. Approximately a 7-minute walk to Florence Black Elementary and a 16-minute walk to Mesquite High School. The property features two separate driveways, including a long secondary driveway along the side of the home with gated backyard access, providing parking for approximately six vehicles. The garage includes a window and side door, making it suitable for conversion into a fourth bedroom or flex space, while the large backyard has room for a detached garage. The existing half bath provides an opportunity for expansion into a second full bathroom. Interior features include original oak hardwood floors throughout the living areas and bedrooms. The kitchen is plumbed for both natural gas and electric ranges and includes a built-in dining cabinet. There is no carpet throughout the home. All bedrooms feature ceiling fans and multiple windows. The property is vacant, and move-in ready, with room for cosmetic updates and personalization. Additional features include central heating and air, natural gas water heater, covered front porch, vinyl siding, and a spacious fenced backyard with side access. An excellent opportunity for buyers seeking a livable home with sweat-equity upside, expansion potential, flexible parking, and schools within walking distance. Natural Gas hookup for the backyard grill.

  6. 2026-05-12
    historical Active Option Contract 1492-char remark
    Show marketing remark (1492 chars)

    Freshly painted 3-bedroom, 1.5-bath single-story home on a slab foundation with a one-car garage and strong value-add potential, located within walking distance to local schools. Approximately a 7-minute walk to Florence Black Elementary and a 16-minute walk to Mesquite High School. The property features two separate driveways, including a long secondary driveway along the side of the home with gated backyard access, providing parking for approximately six vehicles. The garage includes a window and side door, making it suitable for conversion into a fourth bedroom or flex space, while the large backyard has room for a detached garage. The existing half bath provides an opportunity for expansion into a second full bathroom. Interior features include original oak hardwood floors throughout the living areas and bedrooms. The kitchen is plumbed for both natural gas and electric ranges and includes a built-in dining cabinet. There is no carpet throughout the home. All bedrooms feature ceiling fans and multiple windows. The property is vacant, and move-in ready, with room for cosmetic updates and personalization. Additional features include central heating and air, natural gas water heater, covered front porch, vinyl siding, and a spacious fenced backyard with side access. An excellent opportunity for buyers seeking a livable home with sweat-equity upside, expansion potential, flexible parking, and schools within walking distance. Natural Gas hookup for the backyard grill.

  7. 2026-04-09
    price $184,900 1492-char remark
    Show marketing remark (1492 chars)

    Freshly painted 3-bedroom, 1.5-bath single-story home on a slab foundation with a one-car garage and strong value-add potential, located within walking distance to local schools. Approximately a 7-minute walk to Florence Black Elementary and a 16-minute walk to Mesquite High School. The property features two separate driveways, including a long secondary driveway along the side of the home with gated backyard access, providing parking for approximately six vehicles. The garage includes a window and side door, making it suitable for conversion into a fourth bedroom or flex space, while the large backyard has room for a detached garage. The existing half bath provides an opportunity for expansion into a second full bathroom. Interior features include original oak hardwood floors throughout the living areas and bedrooms. The kitchen is plumbed for both natural gas and electric ranges and includes a built-in dining cabinet. There is no carpet throughout the home. All bedrooms feature ceiling fans and multiple windows. The property is vacant, and move-in ready, with room for cosmetic updates and personalization. Additional features include central heating and air, natural gas water heater, covered front porch, vinyl siding, and a spacious fenced backyard with side access. An excellent opportunity for buyers seeking a livable home with sweat-equity upside, expansion potential, flexible parking, and schools within walking distance. Natural Gas hookup for the backyard grill.

  8. 2026-03-31
    status Active 1492-char remark
    Show marketing remark (1492 chars)

    Freshly painted 3-bedroom, 1.5-bath single-story home on a slab foundation with a one-car garage and strong value-add potential, located within walking distance to local schools. Approximately a 7-minute walk to Florence Black Elementary and a 16-minute walk to Mesquite High School. The property features two separate driveways, including a long secondary driveway along the side of the home with gated backyard access, providing parking for approximately six vehicles. The garage includes a window and side door, making it suitable for conversion into a fourth bedroom or flex space, while the large backyard has room for a detached garage. The existing half bath provides an opportunity for expansion into a second full bathroom. Interior features include original oak hardwood floors throughout the living areas and bedrooms. The kitchen is plumbed for both natural gas and electric ranges and includes a built-in dining cabinet. There is no carpet throughout the home. All bedrooms feature ceiling fans and multiple windows. The property is vacant, and move-in ready, with room for cosmetic updates and personalization. Additional features include central heating and air, natural gas water heater, covered front porch, vinyl siding, and a spacious fenced backyard with side access. An excellent opportunity for buyers seeking a livable home with sweat-equity upside, expansion potential, flexible parking, and schools within walking distance. Natural Gas hookup for the backyard grill.

  9. 2026-03-27
    historical Active Option Contract 1492-char remark
    Show marketing remark (1492 chars)

    Freshly painted 3-bedroom, 1.5-bath single-story home on a slab foundation with a one-car garage and strong value-add potential, located within walking distance to local schools. Approximately a 7-minute walk to Florence Black Elementary and a 16-minute walk to Mesquite High School. The property features two separate driveways, including a long secondary driveway along the side of the home with gated backyard access, providing parking for approximately six vehicles. The garage includes a window and side door, making it suitable for conversion into a fourth bedroom or flex space, while the large backyard has room for a detached garage. The existing half bath provides an opportunity for expansion into a second full bathroom. Interior features include original oak hardwood floors throughout the living areas and bedrooms. The kitchen is plumbed for both natural gas and electric ranges and includes a built-in dining cabinet. There is no carpet throughout the home. All bedrooms feature ceiling fans and multiple windows. The property is vacant, and move-in ready, with room for cosmetic updates and personalization. Additional features include central heating and air, natural gas water heater, covered front porch, vinyl siding, and a spacious fenced backyard with side access. An excellent opportunity for buyers seeking a livable home with sweat-equity upside, expansion potential, flexible parking, and schools within walking distance. Natural Gas hookup for the backyard grill.

  10. 2026-03-11
    price $189,000 1492-char remark
    Show marketing remark (1492 chars)

    Freshly painted 3-bedroom, 1.5-bath single-story home on a slab foundation with a one-car garage and strong value-add potential, located within walking distance to local schools. Approximately a 7-minute walk to Florence Black Elementary and a 16-minute walk to Mesquite High School. The property features two separate driveways, including a long secondary driveway along the side of the home with gated backyard access, providing parking for approximately six vehicles. The garage includes a window and side door, making it suitable for conversion into a fourth bedroom or flex space, while the large backyard has room for a detached garage. The existing half bath provides an opportunity for expansion into a second full bathroom. Interior features include original oak hardwood floors throughout the living areas and bedrooms. The kitchen is plumbed for both natural gas and electric ranges and includes a built-in dining cabinet. There is no carpet throughout the home. All bedrooms feature ceiling fans and multiple windows. The property is vacant, and move-in ready, with room for cosmetic updates and personalization. Additional features include central heating and air, natural gas water heater, covered front porch, vinyl siding, and a spacious fenced backyard with side access. An excellent opportunity for buyers seeking a livable home with sweat-equity upside, expansion potential, flexible parking, and schools within walking distance. Natural Gas hookup for the backyard grill.

  11. 2026-02-24
    price $199,000 1492-char remark
    Show marketing remark (1492 chars)

    Freshly painted 3-bedroom, 1.5-bath single-story home on a slab foundation with a one-car garage and strong value-add potential, located within walking distance to local schools. Approximately a 7-minute walk to Florence Black Elementary and a 16-minute walk to Mesquite High School. The property features two separate driveways, including a long secondary driveway along the side of the home with gated backyard access, providing parking for approximately six vehicles. The garage includes a window and side door, making it suitable for conversion into a fourth bedroom or flex space, while the large backyard has room for a detached garage. The existing half bath provides an opportunity for expansion into a second full bathroom. Interior features include original oak hardwood floors throughout the living areas and bedrooms. The kitchen is plumbed for both natural gas and electric ranges and includes a built-in dining cabinet. There is no carpet throughout the home. All bedrooms feature ceiling fans and multiple windows. The property is vacant, and move-in ready, with room for cosmetic updates and personalization. Additional features include central heating and air, natural gas water heater, covered front porch, vinyl siding, and a spacious fenced backyard with side access. An excellent opportunity for buyers seeking a livable home with sweat-equity upside, expansion potential, flexible parking, and schools within walking distance. Natural Gas hookup for the backyard grill.

  12. 2025-12-19
    listed $209,900 Active 1492-char remark
    Show marketing remark (1492 chars)

    Freshly painted 3-bedroom, 1.5-bath single-story home on a slab foundation with a one-car garage and strong value-add potential, located within walking distance to local schools. Approximately a 7-minute walk to Florence Black Elementary and a 16-minute walk to Mesquite High School. The property features two separate driveways, including a long secondary driveway along the side of the home with gated backyard access, providing parking for approximately six vehicles. The garage includes a window and side door, making it suitable for conversion into a fourth bedroom or flex space, while the large backyard has room for a detached garage. The existing half bath provides an opportunity for expansion into a second full bathroom. Interior features include original oak hardwood floors throughout the living areas and bedrooms. The kitchen is plumbed for both natural gas and electric ranges and includes a built-in dining cabinet. There is no carpet throughout the home. All bedrooms feature ceiling fans and multiple windows. The property is vacant, and move-in ready, with room for cosmetic updates and personalization. Additional features include central heating and air, natural gas water heater, covered front porch, vinyl siding, and a spacious fenced backyard with side access. An excellent opportunity for buyers seeking a livable home with sweat-equity upside, expansion potential, flexible parking, and schools within walking distance. Natural Gas hookup for the backyard grill.

  13. 2014-08-26
    soldstatus
  14. 2008-07-18
    soldstatus
  15. 2008-06-12
    soldstatus
  16. 1980-12-17
    soldstatus

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast TX · Resets to sale price

Current annual tax
$4,243 · $354/mo
Projected year-2 tax
$4,243 · $354/mo
Expected delta
$0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 8/10 Severe 7 d/yr ≥110°F today · 23 d/yr by 30 yrs out
  • 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$22,569
− Mortgage interest
−$9,803
− Property taxes
−$4,243
− Insurance
−$875
− Repairs & maintenance
−$1,806
− Management
−$1,806
− Depreciation
−$5,091
Taxable loss
−$1,054
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$253
After-tax cash flow
$1,952/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Mesquite ISD
NCES district ID
4830390
Math proficiency
35% ▼ -11.00%
Reading proficiency
32% ▼ -7.00%
Median HH income
$49,372
Composite
29.06/100
National rank
#6606
State rank
#536 of 826 in TX

Livability — Mesquite

Score
70/100
State rank
#358
US rank
#7743

Category grades

Amenities B- Commute F Cost of living A+ Crime F Employment C+ Housing A+ Health & safety A- User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Mesquite, TX
County
Dallas County · 2,612,404 people
City population
150,788
Metro
Dallas-Fort Worth-Arlington, TX
Population (ZIP)
58,262
Household income
$70,774
Rent vs Own
33.2% rent · 66.8% own
Severe rent burden
2266.0

Population outlook (Dallas County) Hauer SSP2

Today (2025)
2,979,839 people
By 2030
3,191,823 · +7.1%
By 2040
3,619,611 · +21.5%
By 2050
4,026,915 · +35.1%
By 2075
4,957,073 · +66.4%
By 2100
5,508,725 · +84.9%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.65)
Race & ethnicity
Hispanic / Latino 49% White 25% Two or more races 21% Black 20% Asian 2% Native American 1%
Hispanic origin (detail)
Mexican 42% Cuban 1%
Common ancestry
Italian 1% Iranian 1% Serbian 1%
Foreign-born
22% · Canada, Vietnam
Languages at home
58% English-only · Spanish 39% Other Asian/Pacific 1% Vietnamese 1%

Political lean MEDSL · Dallas

2024 margin
Strong D (+22.2) · D 60.2% · R 38.0% · Other 1.8%
2008→2024 swing
+6.9pp toward D · 2008: 15.3pp · 2024: 22.2pp
All cycles
2024: D+22.2 2020: D+31.6 2016: D+26.2 2012: D+15.4 2008: D+15.3

Not yet ingested

Civics

Market trends

HPI YoY
▼ -130.12%
Current HPI
345.6606
Rent YoY
▲ 0.22%
Metro
Dallas-Fort Worth-Arlington, TX
State GDP YoY
▲ 3.95%
F500 in state
110

Industry mix (Fortune 500 HQ in TX)

Industry F500 HQs Revenue

Price history

-16.6% since first listed
13 events — show timeline
  • 2026-05-16 Price Changed $175,000 NTREIS
  • 2026-05-15 Relisted NTREIS
  • 2026-05-12 Contingent NTREIS
  • 2026-04-09 Price Changed $184,900 NTREIS
  • 2026-03-31 Relisted NTREIS
  • 2026-03-27 Contingent NTREIS
  • 2026-03-11 Price Changed $189,000 NTREIS
  • 2026-02-24 Price Changed $199,000 NTREIS
  • 2025-12-19 Listed $209,900 NTREIS
  • 2014-08-26 Sold (Public Records) Public Records
  • 2008-07-18 Sold (Public Records) Public Records
  • 2008-06-12 Sold (Public Records) Public Records
  • 1980-12-17 Sold (Public Records) Public Records

Property tax history

+6.4%/yr

Latest (2025): $4,243 · -8.9% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…