1501 Cascade Street Mesquite TX 75149 MLS #21150142

Strategically positioned on a corner lot, this versatile property presents a strong opportunity for investors seeking both immediate utility and long-term upside. Featuring 4 bedrooms and 3 full bathrooms, the layout supports multiple living configurations, making it well-suited for rental income, house hacking, or dual-primary occupancy. Significant capital improvements were completed in 2021, including foundation repairs with a limited warranty, HVAC upgrades, and the addition of a fourth bedroom—now an expansive 18×14 primary suite with walk-in closet and en suite bath. The thoughtful design results in two primary bedrooms on opposite sides of the home, enhancing privacy and rental appeal. Additional foundation work is currently needed, with visible cracking and signs of movement primarily in the kitchen area, offering a clear value-add opportunity for investors focused on repositioning or resale. The spacious backyard and 14×19 covered patio further increase tenant appeal and usability for long-term or short-term rental strategies. With its combination of prior upgrades, functional layout, and remaining improvement potential, this property represents a compelling investment opportunity with room to build equity.