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$275,000

1625 Cool Springs Dr, Mesquite, TX, 75181

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,362 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$201.91 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Microwave
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size6,542 sqft

Building Information

Year Built1992
Roof Type105
Garage Spaces2

Land Information

APN380539800J0070000
Lot Number7
SubdivisionCreek Crossing
Land UseResidential
Legal DescriptionCREEK CROSSING ESTATES 17 BLK J LOT 7 INT201600212293 DD07292016 CO-DC 0539800J00700 1CM0539800J
Census Tract017310
Assessed Land Value$60,000
Assessed Improvement Value$184,150
Assessment Year2026

About this property

INCREDIBLE BUYER INCENTIVES: $4,000 MORTGAGE CONCESSION. Opendoor Home Loans will contribute up to $4,000 towards a permanent interest rate buy-down if you finance with Opendoor Home Loans LLC. 1625 Cool Springs Dr is a one-story Mesquite home with a galley kitchen and a vaulted fireplace living room. Dark cabinetry lines both sides of the kitchen, which opens into a dining area with a rear window and exterior door. A large front window brings light into the main living space, while the vaulted ceiling carries through to the primary bedroom. Set toward the rear of the home, the primary bedroom has an adjoining bathroom with double sinks and a tub-shower combination. Additional bedrooms and bathroom space are arranged along the hall. A separate laundry room and an attached two-car garage complete the layout. Home comes with a 100-Day Home Warranty

Investor Tools

$144,678Estimated Mortgage Balance
$103,322Estimated Equity
41% 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

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$430/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,917
$244,150
2026
$60,000
$184,150
$244,150
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,917
$244,150

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Movement Mortgage
Conventional
$162,846
No
First
Jan 11, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$144,678
$103,322
41%
58%
$977/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,940/mo
$977/mo
+$1,963/mo
14.2%

City: Mesquite

1625 Cool Springs Dr | Property Details | No Agent List