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$300,000

1038 Florence Drive, Duncanville, TX, 75116

$304,334 ARVInfo
PendingInfo
Beds3 Beds
Baths2 Bath
Baths1,938 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$154.8 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile, Luxury Vinyl Plank

Exterior

Exterior FeaturesRain Gutters
Lot Size11,731 sqft

Building Information

Year Built1977
Stories1
Roof Type105
Garage Spaces2

Land Information

APN22035700130100000
Lot Number10
SubdivisionDuncanville
Land UseResidential
Legal DescriptionDUNCANVILLE ESTATES 4 BLK M LT 10 INT202100376831 DD12162021 CO-DC 0357001301000 4CV03570013
Census Tract016519
Assessed Land Value$60,000
Assessed Improvement Value$275,400
Assessment Year2025

About this property

Welcome to this charming Duncanville home perfectly situated on a desirable corner lot! This inviting property offers a warm and functional layout filled with natural light, creating a comfortable space for everyday living. The living area flows seamlessly into the dining space, making it ideal for both daily routines and casual gatherings. The kitchen is efficiently designed with ample cabinetry, offering a practical and easy-to-maintain setup for meal preparation. The primary suite provides a private retreat, while the additional bedrooms are well-sized for family, guests, or a home office. Step outside to enjoy the covered patio perfect for relaxing evenings or entertaining year-round overlooking a spacious backyard with plenty of room to personalize. The corner lot adds extra yard space, privacy, and great curb appeal. Conveniently located near schools, shopping, dining, and major highways, this home delivers both comfort and convenience. A great opportunity for first-time buyers or anyone looking for a solid home in an established neighborhood—schedule your showing today!

Investor Tools

$256,885Estimated Mortgage Balance
$78,515Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$304,334
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,012 /month
Positive
Cash Flow Estimate:
$671 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$770/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,559
$335,400
2025
$60,000
$275,400
$335,400
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,559
$335,400

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$280,250
No
First
Dec 16, 2021
Jan 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$256,885
$78,515
23%
77%
$1,681/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,681/mo
+$291/mo
7.1%

City: Duncanville

1038 Florence Drive | Property Details | No Agent List