1004 Powell Road
Mesquite, TX, 75149 $ 219,900
Bedrooms3 Baths2.0 Sq 1,239 Monthly Estimate*
$ 1,388
for $219,900 with 3 bedrooms and 2 full baths. This 1,239 square foot home was built in 1954 on a lot size of 0.158.
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!
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Single Family ActiveContemporary/Modern,Traditional
FeaturesInteriorInterior Features Cable TV Available Granite Counters High Speed Internet Available Other Pantry Vaulted Ceiling(s) Walk-In Closet(s)
Basement Y/N 0
Dining Areas 1
Living Areas 1
Half Baths 0
Total Bedrooms 3
Total Baths 2
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GeneralHeating Central Electric
Cooling Ceiling Fan(s) Central Air Electric
Utilities City Sewer City Water Sewer Available Sidewalk Other
Possession Closing/Funding
Roof Composition
Appliances Dishwasher Disposal Other
School District Mesquite ISD
Pool Y/N 0
Year Built 1954
Architectural Style Contemporary/Modern Traditional
Levels One
Property Subtype Single Family Residence
Subdivision Name Melton 04
Transaction Type For Sale
County Dallas
Property Type Residential
Construction Materials Brick Vinyl Siding
HOA Type None
Full Baths 2
Status Active
Directions 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 lef
City Mesquite
Elementary School Name Mcwhorter
High School Mesquite
Elementary School Mcwhorter
Standard Status Active
Listing Terms Cash Conventional FHA VA Loan
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ExteriorWaterfront 0
Parking Features Other
Lot Size Less Than .5 Acre (not Zero)
Foundation Slab
Structural Style Single Detached
Garage Y/N 0
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* Excluded FeaturesList ByClifton A J JohnsonListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $1,388
- Monthly Property Taxes
- $474
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Mesquite, TX
Average List Price $322,183
Percent of Sale Price 47%
About Mesquite, TX 145,892 Population
17% Since 2002
$ 50,923 Median Income
33.63 Median Age
38% Households with Children
Trends Information provided by ATTOM Data Solutions.
288308 Elementary School
5136168 Middle School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/6/2026 | $219,900 | -4.35% | Price Down |
| 6/13/2026 | $229,900 | | Listed Price |