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$280,000

NAL Estimated Property Value

1024 Skyline Drive, Hutchins, TX, 75141

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,522 Sq Ft
price_per_sqft$160.97 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringVinyl

Exterior

Lot Size7,008 sqft

Building Information

Year Built2020
Stories1
Roof Type105
Garage Spaces2

Land Information

APN300225000M0210000
Lot Number21
SubdivisionSkyline
Land UseResidential
Legal DescriptionSKYLINE ESTATES REPLAT BLK M LT 21 INT202100313718 DD10152021 CO-DC 0225000M02100 4CU0225000M
Census Tract016902
Assessed Land Value$55,000
Assessed Improvement Value$219,120
Assessment Year2025

About this property

This house is gorgeous!!!!! Model home look in this stunning house. House has modern kitchen with granite countertops and stainless appliances. Great layout with completely open family room, dining room and kitchen. House has luxury vinyl plank flooring throughout. Owner has added modern light fixtures and window coverings. Big backyard with wood privacy fence. Feel like your in the country but just 20 minutes to downtown Dallas. MULTIPLE OFFERS. DEADLINE SUNDAY AT 6. SELLER PREFERS LEASE BACK THROUGH DECEMBER IF POSSIBLE, WAIVER OF APPRAISAL, SHORT OPTION TIME.

Investor Tools

Property Icon
$280,000
Estimated Property Value
$228,297Estimated Mortgage Balance
$51,703Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,680 /month
Positive
Cash Flow Estimate:
$560 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$466/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,187
$274,120
2025
$55,000
$219,120
$274,120
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,187
$274,120

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$250,000
No
First
Oct 15, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$228,297
$51,703
18%
82%
$1,499/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,649/mo
+$323/mo
8.5%

Learn About the Market: Opportunity in Texas

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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.

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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: Hutchins

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1024 Skyline Drive | Property Details | No Agent List