$195,000

For sale

2908 Ne••••• Dr (Sign up for 50 free credits to unlock)Mesquite, TX 75150

3Beds
2Baths
1,246Sq Ft Living
4,356Sq Ft Lot
1982Year Built

Property Description

TURNKEY INVESTMENT OPPORTUNITY - TENANT OCCUPIED & INCOME PRODUCING! Great opportunity to add an established rental to your portfolio in Mesquite. 2908 Nelson Drive is a separately parceled 3-bedroom property offering approximately 1,246 square feet and currently leased at $1,750 per month. Enjoy immediate rental income from an established tenancy without the typical vacancy and lease-up period associated with a new investment. The property features a functional single-story layout with brick construction, central heating and air, and an attached garage. Conveniently located near shopping, dining, major roadways and everyday amenities. Looking to expand your investment? The adjoining property at 2912 Nelson Drive is also available for purchase, creating the opportunity to acquire one side individually or purchase the entire duplex. Please do not disturb Tenants.

Property Facts & Features

Property Type
Multi Family
Status
Active
Listed
Sep 29, 2026
Price per Sq Ft
$157/sqft
ZIP Code
75150
Full Baths
2
Stories
1
Garage
4 spaces
Parking
Garage
Heating
Central
Cooling
CentralAir
Construction
Brick
Property Tax (2025)
$2,888/yr
Assessed Value
$123,130
Neighborhood
Town East Estates
County
Dallas
School District
Mesquite Independent School District

Estimated Value

$191,520Range $134,064 to $248,976

Automated estimate. Not an appraisal.

Features & Amenities

Bedrooms

  • Bedrooms: 3

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Land Info

  • Lot Size Acres: 0.1
  • Lot Size Square Feet: 4356

Utilities

  • Sewer: PublicSewer
  • SewerAvailable
  • WaterAvailable
  • Water Source: Public

Appliances

  • Dishwasher
  • ElectricRange
  • Disposal

Rental Info

  • Gross Income: 21000

Commercial Info

  • Net Operating Income: 17207

Multi-Unit Info

  • Number of Buildings: 1
  • Number of Units: 1
  • Unit 1 Total Actual Rent: 1750

Interior Features

  • DecorativeDesignerLightingFixtures
  • Flooring: Carpet, Tile, Vinyl

Garage and Parking

  • Covered Spaces: 4
  • Garage Spaces: 4
  • Parking Features: Garage
  • Parking Total: 2

School Information

  • Elementary School: Tosch
  • High School: Northmesqu
  • Middle School: Mcdonald

Heating and Cooling

  • Cooling Features: CentralAir
  • Heating Features: Central
  • Heating: Yes

Other Property Info

  • Tax Block: 4
  • Source Listing Status: Active
  • County: Dallas
  • Cap Rate: 8.82
  • Directions: Please utilize GPS.
  • Insurance Expense: 905
  • Source Neighborhood: Town East Estates
  • Parcel Number: 38207750040270000
  • Postal City: MESQUITE
  • Postal Code Plus 4: 3842
  • Subdivision: Town East Estates
  • Property Subtype: Duplex

Homeowners Association

  • Association: No
  • Calculated Total Monthly Association Fees: 0

Building and Construction

  • Year Built: 1982
  • Building Area Source: Assessor
  • Building Area Total: 1246
  • Construction Materials: Brick
  • Foundation Details: Slab
  • Levels: One
  • Property Age: 44
  • Property Condition: Resale
  • Roof: Asphalt
  • Levels or Stories: 1
  • Year Built Details: Preowned

Location

Lat 32.79898 · Lng -96.64558