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$209,000

NAL Estimated Property Value

1002 Tapley, Grand Prairie, TX, 75051

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,115 Sq Ft
price_per_sqft$134.44 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

BankruptcyOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesOther
FlooringCeramic Tile

Exterior

Lot Size8,398 sqft

Building Information

Year Built1961
Stories1
Garage Spaces1

Land Information

APN31600-C-1
Lot Number1
SubdivisionPark Heights Addition
Land UseResidential
Legal DescriptionPARK HEIGHTS ADDITION BLOCK C LOT 1
Census Tract113007
Assessed Land Value$60,000
Assessed Improvement Value$90,000
Assessment Year2025

About this property

Great 3 bedroom, 1 bathroom house on the HUGE lot in the heart of Grand Prairie! This corner house features tile floor throughout, and an open floor concept. VERY close to entertainment, shopping and freeways!

Investor Tools

Property Icon
$209,000
Estimated Property Value
$154,438Estimated Mortgage Balance
$54,562Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,254 /month
Positive
Cash Flow Estimate:
$418 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$229/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,698
$150,000
2025
$60,000
$90,000
$150,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,698
$150,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Conventional
$161,990
No
First
Jul 26, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$154,438
$54,562
26%
74%
$1,021/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,021/mo
+$951/mo
11.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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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1002 Tapley | Property Details | No Agent List