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$140,000

1002 Burleson Street, Grand Prairie, TX, 75050

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths826 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$169.49 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating Floor/WallHeating Floor/Wall
CoolingCooling
AppliancesElectric Range, Plumbed For Ice Maker, Gas Water Heater
FlooringVinyl, Wood

Exterior

Exterior FeaturesStorage
Lot Size9,879 sqft

Building Information

Year Built1955
Stories1
Roof Type105
Garage Spaces1

Land Information

APN28195500110010000
Lot Number1
SubdivisionRogway Terrace
Land UseResidential
Legal DescriptionROGWAY TERRACE 2 BLK 11 LT 1 INT202000104456 DD04222020 CO-DC 1955001100100 4CP19550011
Census Tract015403
Assessed Land Value$50,000
Assessed Improvement Value$136,090
Assessment Year2025

About this property

Move-in Ready Home on oversized corner lot just minutes away from Major Highways*Covd Front Porch & Lush Landscaping add to wonderful curb appeal*Beautiful Hardwood Floors greet in Foyer & flow thru most of Home*Hall Closet in Foyer*Kitchen features updated Vinyl Plank Floors,Smoothtop Range,Refrigerator,Microwave,Washer*Living has ceiling fan*Bath has linen closet & plumber recommended Toto premium brand toilet*2 Closets,Window Unit in BR1*Oversized garage with shelving*Shed,double rear gate in nice-sized fenced Backyard*Fresh Paint*Roof Feb-2020*Heater Approx 7 Yrs Old*Both Window Units Approx 1 Yr Old*Electrician installed GFCI in Kitchen & Bath*Storm Door Mar-2020*Foundation Repaired Nov-2019!

Investor Tools

Property Icon
$191,000
Estimated Property Value
$0Estimated Mortgage Balance
$60,295Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,146 /month
Positive
Cash Flow Estimate:
$382 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$293/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,557
$186,090
2025
$50,000
$136,090
$186,090
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,557
$186,090

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Unknown
$148,335
No
First
Apr 22, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$130,705
$60,295
31%
68%
$890/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$890/mo
+$675/mo
9.8%

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Grand Prairie

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