1004 Powell Rd, Mesquite, TX 75149

$219,900
: 3
BD
: 2
BA
: 1,239
SqFt

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List Price: $219,900
Price Change: ▼ $10,000 1783391725
MLS#: 21296940
Status: ACTIVE
Type: Single Family Residential
Subtype: Residential
Style: Contemporary, Traditional, Detached
Year Built: 1954
Bedrooms: 3
Full Baths: 2
Acres: 0.16
Living Area: 1,239
County: Dallas
City: Mesquite
Subdivision: Melton 04
Number of Stories: 1
Architecture Style: Contemporary, Traditional, Detached

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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!

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