2316 Meadow Lane

Mesquite, TX 75150
$297,500
2 beds | 2 baths | 0.19 acres | #20789917
For Sale

Description

Investor's dream! This well-maintained duplex features two 1-bedroom, 1-bathroom units, both boasting real hardwood floors that bring warmth and charm to the interiors. Currently leased at $1,250 per month each, with leases expiring at the end of May 2025, this property offers immediate cash flow and potential for rental growth upon renewal. The property also features a spacious yard, perfect for tenant enjoyment or future enhancements. Whether you're looking for a house-hacking opportunity or a solid buy-and-hold investment, this property checks all the boxes!

  • Property Details
      • Interior:Decorative Lighting, Eat-in Kitchen, Open Floorplan
      • Bedrooms:2
      • Bathrooms:2
      • Full Baths:2
      • Lot description:Interior Lot
      • Acres:0.1890
      • Parking spaces:2
      • Property type:Multi-Family
      • Year built:1975
      • Foundation:Pillar/Post/Pier
      • Utility features:Cable Available, City Sewer, City Water
      • Subdivision:Tripp Road
      • School district:Mesquite ISD
      • Elementary School:Cannaday
      • County:Dallas
      • MLS #:20789917
      • Cost:297500
      • Property subtype:Duplex
      • MLS #:20789917

Location

Legal

© 2023 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Phil Hill shall be responsible for any typographical errors, misinformation, or misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright

Last Updated: . Source: NTREIS

Listing Courtesy
Listing Agent: Jacob Stevenson
Listing Office: Compass RE Texas, LLC.

Phil HillReal Estate Group
$
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Down Payment

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10.0%

Interest Rate

%
6.0%

Tax Rate

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2.6%
$
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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© 2023 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Phil Hill shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright