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Mesquite TX Real Estate Investing: Is It A Good Place & Good Time To Invest?

Whether you are an experienced or novice real estate investor, finding new locations for properties is a fundamental challenge. Mesquite real estate offers a compelling investment opportunity as a vibrant city located just east of Dallas. The robust economy there has shown its strength in recent years and is steadily growing, with a diverse array of housing options and close proximity to the largest metroplex in Texas. With plenty in the pipeline in terms of infrastructure development and a strong employment market, Mesquite should definitely be on your radar.

Written by Victor Steffen
  / November 1, 2023

Victor Steffen is a seasoned Realtor and real estate investor in central Texas with years of experience and over 130 deals closed in the last 12 months.

Real Estate Investing Performance In Mesquite

Avg Purchase Price Avg Cap Rate Avg Cash on Cash Return Avg Cash Needed to close
Commercial 5+ units LTR $150k per door +/- $50k 6-7% 4-5% $40k per door
Short Term Rental (SFH) $550k 10-12% 10% 120k
STR (2-4 Units) $200k per door 11-13% 10-11% 55k per door
Long Term Rental (2-4 Units) 300-400k 3% - 5% 2% - 4% 98k
Long Term Rental (SFH) 300k - 350k 2% - 4% 2% - 3% $71,500
Househack (2-4 Units) 150k - 175k per door 3-5% 0% $12,500 per door
Househack (SFH) 325k - 400k 2-4% 0% $18,750
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Mesquite Real Estate Investment Tips

Whether you’re seeking rental income, a fix-and-flip, long-term appreciation or a combination, you need to explore different neighborhoods in the Mesquite real estate market. As your investor-friendly real estate agent, we can help with this, and here are some neighborhoods where our clients have enjoyed success:

  • Town East Estates: A well-established neighborhood of single-family homes known for affordability with lots of people seeking rentals.
  • Casa View Heights: Situated in western Mesquite, this area offers everything from mid-century to more contemporary homes. It has great proximity to good schools, entertainment, and open spaces.
  • Mesquite Park: With a central location and a good mix of housing options, there is lots to explore here if you are seeking rental properties.

You need to have a strong understanding of your budget and your goals when considering locations here. House prices vary substantially by location, as does the demand for rental or owner-occupied housing. Let us help you establish your goals and build a strategy around them.

Main Activities, Attractions, and Employers in Mesquite

With a thriving retail and commerce sector and a substantial manufacturing industry, diversity is the word of the day for the economy that drives Mesquite real estate. It’s important to understand local economies for real estate investors, in order to gauge where investment opportunities might come from.

Top employers in Mesquite include:

  • The Mesquite Independent School District (MISD)
  • Ashley Furniture Industries
  • Hanwha L&C USA
  • Retail and restaurants

Meanwhile, the city’s leading attractions include:

  • Mesquite Championship Rodeo
  • Devil’s Bowl Speedway
  • Rodeo City Music Hall
  • Mesquite Arts Center

It is the diversity of industries and attractions in Mesquite that gives it such a robust economy. And its close proximity to the Dallas – Fort Worth metroplex further strengthens its standing. It is no wonder there is great potential for real estate investment in Mesquite.

Investing Strategies in Mesquite

With the diversity of its economy, Mesquite real estate offers opportunities for different types of property investors. The rental market is particularly strong, and there is a lot of demand for both single-family homes and apartments in duplexes and triplexes. Find the right area, and you could get a stable income stream from Mesquite, though the close proximity of Dallas means many also enjoy a lot of success with short-term rentals. In fact, if you find distressed properties in the right neighborhood, a fix and flip strategy can also be very effective here.

One of the keys to success is to find the right investor-friendly real estate agent to guide you on this journey. They need to have expertise in the local markets and also experience of working with investors. Ideally, they will also hold experience in being an investor themselves. We tick all those boxes, and we are confident you will like the way we work. Please feel free to reach out for a no-obligation call with one of our team.

Is Mesquite a Good Real Estate Investment?

We believe Mesquite holds many great opportunities for real estate investors. With the benefits Texas offers for property investment, and the strength and diversity of the Mesquite economy, the city is fertile ground for a well-executed property investment. The demand for rentals is consistently high and the opportunities for people to work and raise a family there are very appealing. These factors, plus the array of housing options there, amount to good news for property investors both seasoned and new.

The key is to do the research. People who work in the city may want to live in Town East for close proximity to their employers, whilst commuters to Dallas may look at Broadway-Pea for its connections to the I-30 and I-635. Meanwhile, the Eastfield College area is popular for people who work or study at one of the educational institutions, and families enjoy Poteet for its good schools and various parks. Let us help you make informed decisions about where to focus your attention.

Success stories investing in this area

“Used Victor in finding and purchasing my first investment property. Victor and his team were knowledgeable in providing help along the way especially toward the end while getting everything squared away.”

Investor

Logan Hicks

Strategy

Long Term Rental

Victor was an awesome realtor! We were first time investors in Texas and he was very responsive, experienced, and pleasant. Every question we had he answered promptly and from start to finish Victor guided us thorough the whole process and made the buying transaction as smooth as possible for us! You will not be disappointed by working with Victor Steffen, thank you Victor!

Investor

Janeth Quintero

Strategy

Long Term Rental

Positive Cashflow in Appreciating Markets

Ready to invest in central Texas real estate?

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Frequently asked questions

Is Mesquite a Good Real Estate Investment?

We believe Mesquite holds many great opportunities for real estate investors. With the benefits Texas offers for property investment, and the strength and diversity of the Mesquite economy, the city is fertile ground for a well-executed property investment. The demand for rentals is consistently high and the opportunities for people to work and raise a family there are very appealing. These factors, plus the array of housing options there, amount to good news for property investors both seasoned and new.

The key is to do the research. People who work in the city may want to live in Town East for close proximity to their employers, whilst commuters to Dallas may look at Broadway-Pea for its connections to the I-30 and I-635. Meanwhile, the Eastfield College area is popular for people who work or study at one of the educational institutions, and families enjoy Poteet for its good schools and various parks. Let us help you make informed decisions about where to focus your attention.

Is it a Good Time to Invest in Mesquite?

Long-term population growth and general development of the city indicate it is a good time to invest in Mesquite real estate. This is a city with a bright future, populated mainly by people aged 25-54 and with excellent cultural diversity. With a median house price that sits between $150,000 and $200,000, there are many prospects to explore for the ambitious investor, and we are the partner to help you do it.

Positive Cashflow in Appreciating Markets

Ready to invest in central Mesquite real estate?

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