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$275,000

1425 Sierra Dr, Mesquite, TX, 75149

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths1 Bath
Baths1,206 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$228.03 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

BankruptcyAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Water Purifier

Exterior

Exterior FeaturesAwnings, Storage
Lot Size7,200 sqft

Building Information

Year Built1969
Roof Type105
Garage Spaces1

Land Information

APN38061500080070000
Lot Number7
SubdivisionEastern Heights
Land UseResidential
Legal DescriptionEASTERN HEIGHTS 2 BLK H LOT 7 60X120.28X47.06X20.98X105.02 INT201700250267 DD08302017 CO-DC 0615000800700 1CM06150008
Census Tract017312
Assessed Land Value$45,000
Assessed Improvement Value$161,850
Assessment Year2026

About this property

Welcome to 1425 Sierra Drive, where thoughtful updates, modern technology, and everyday comfort come together! This inviting 3-bedroom, 1.5-bath home offers an impressive collection of upgrades, beginning with an updated kitchen featuring custom cabinetry, a farmhouse sink, heavy-duty storage drawers, and a sleek LG Studio range hood. The converted garage provides flexible living space, ideal for a second living area, home office, or hobby room. Energy efficiency meets modern convenience with 31 LG solar panels, which will be PAID OFF BY THE SELLER AT CLOSING! Additional features include newly installed energy-efficient windows in several rooms and a Google Nest smart thermostat. A whole-house water conditioning system and separate under-sink drinking water filtration system add everyday comfort. The water heater was replaced approximately two years ago, and the HVAC system has undergone extensive cleaning and servicing. Smart-home enthusiasts will appreciate Wi-Fi-enabled lighting controls, automated exterior lighting, programmable away-mode lighting, and an HD video security system with motion alerts and two-way communication. Outdoor living is equally appealing! Enjoy morning coffee, weekend cookouts, or relaxing evenings on the spacious 12' x 24' wooden deck. A 16' x 11' lofted barn-style storage building with electricity offers exceptional versatility for a workshop, creative space, or additional storage. Front and backyard sprinkler systems add convenience. The location is another highlight! Nearby Rutherford Elementary School and Rutherford Recreation Center and School Park offer convenient access to neighborhood recreation, playgrounds, and outdoor activities. With its combination of practical updates, energy-conscious features, smart technology, and versatile living spaces, this home offers much more than meets the eye. Come discover all that 1425 Sierra Drive has to offer! Open House: Sunday, Nov 1st from 3 to 5

Investor Tools

$98,005Estimated Mortgage Balance
$108,845Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month

Interested in this property?

Amy Borja

Berkshire HathawayHS PenFed TX

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$343/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,078
$206,850
2026
$45,000
$161,850
$206,850
No

Tax History

Year
Tax Paid
Assessed Value
2026
$3,078
$206,850

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pacific Union Financial Llc
Conventional
$121,153
No
First
Aug 30, 2017
Sep 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$98,005
$108,845
52%
47%
$727/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,670/mo
$727/mo
+$1,943/mo
15.5%

City: Mesquite

1425 Sierra Dr | Property Details | No Agent List