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Jo Jameson

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$ 219,900

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Active

1004 Powell Road Mesquite, TX 75149

3 Beds

2 Baths

1,239 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,239 sqft

Subdivision Melton 04

MLS Listing ID 21296940

Style Contemporary/Modern,Traditional

Bedrooms 3

Full Baths 2

HOA Y/N None

Year Built 1954

Annual Tax Amount $5,683

Lot Size 6,882 Sqft

Acres 0.158

Property Sub-Type Single Family Residence

Property Description

This property is being offered as part of a four-property single-family residential investment portfolio strategically located across the Dallas-Fort Worth metroplex. The seller's preference is to sell the portfolio as one transaction, creating an opportunity for investors to acquire multiple income-producing assets through a single closing. The seller reserves the right to consider individual offers if the portfolio is not sold as a package. Whether you're looking to expand your rental portfolio, complete a 1031 exchange, or acquire value-add properties with long-term appreciation potential, this home offers an excellent opportunity. With only minor cosmetic improvements needed, investors have the potential to add value while positioning the property for long-term cash flow and future equity growth. The home is being sold as-is. Located in an established Mesquite neighborhood, 1004 Powell Road features a bright, functional floor plan, new carpet, and updates completed in 2022, allowing the next owner to focus on maximizing returns rather than major renovations. The spacious backyard offers additional appeal for future tenants or owner-occupants. Conveniently located near schools, parks, shopping, dining, and major highways, this property benefits from strong commuter access and the continued demand for affordable housing in the Dallas-Fort Worth market. Portfolio Highlights: Opportunity to acquire all four as a portfolio 1039 Oak Meadow LN, Desoto, TX 75115, 3821 Bonnie Dr, Fort Worth, TX 76116, 5340 Westminster Court N, Fort Worth, TX 76133. Immediate equity potential through light cosmetic improvements, Long-term rental and appreciation opportunity, Ideal for buy-and-hold investors, BRRRR strategies, or 1031 exchange buyers! Contact the listing agent for additional information regarding the complete DFW residential portfolio opportunity!

Location

State TX

County Dallas

Direction From I-635 (LBJ Freeway), take the Military Parkway exit and travel east. Continue onto Gross Road, then turn onto Powell Road. Proceed south on Powell Road, and the property will be located on your left in an established residential neighborhood near schools, parks, and local amenities.

Rooms

Dining Room 1

Interior

Interior Features Cable TV Available, Granite Counters, High Speed Internet Available, Other, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air, Electric

Fireplaces Number 1

Fireplaces Type Other

Appliance Dishwasher, Disposal, Other

Heat Source Central, Electric

Laundry Dryer Hookup, Washer Hookup

Exterior

Carport Spaces 1

Utilities Available City Sewer, City Water, Sewer Available, Sidewalk, Other

Roof Type Composition

Total Parking Spaces 1

Garage No

Building

Story One

Foundation Slab

Level or Stories One

Structure Type Brick,Vinyl Siding

Schools

Elementary Schools Mcwhorter

Middle Schools Wilkinson

High Schools Mesquite

School District Mesquite Isd

Others

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21296940

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Clifton A J Johnson • eXp Realty, LLC

NEARBY SCHOOLS & PROPERTIES

Jo Jameson

Advisor | License ID: 0745575

+1(832) 444-3866

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