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$248,000

NAL Estimated Property Value

1042 Sw 3rd St, Grand Prairie, TX, 75051

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,292 Sq Ft
price_per_sqft$193.5 / sqft
Year BuiltBuilt in 1953

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop, Electric Oven, Electric Water Heater, Microwave, Refrigerator
FlooringLaminate

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size7,370 sqft

Building Information

Year Built1953
Stories1
Roof Type105
Garage Spaces1

Land Information

APN28222500060240000
Lot Number24
SubdivisionTurner Heights
Land UseResidential
Legal DescriptionTURNER HEIGHTS BLK F LOT 24 INT201500232063 DD05042015 CO-DC 2225000602400 4CP22250006
Census Tract016001
Assessed Land Value$45,000
Assessed Improvement Value$120,180
Assessment Year2025

About this property

This well-maintained 3-bedroom, 2-bath home offers a functional layout and inviting outdoor spaces, including both a front and back porch. The fenced backyard provides privacy and includes a storage shed for additional storage needs. New Gutters, Microwave and Oven (May 2026), Situated close to shopping, entertainment, and major freeway access, this property delivers everyday convenience and easy commuting. A great opportunity for first-time buyers or anyone seeking a comfortable, move-in-ready home.

Investor Tools

Property Icon
$248,000
Estimated Property Value
$62,645Estimated Mortgage Balance
$185,355Estimated Equity
74% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$194/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,088
$165,180
2025
$45,000
$120,180
$165,180
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,088
$165,180

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Trust Cu
Conventional
$68,600
No
First
Dec 6, 2021
Jan 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$62,645
$185,355
74%
25%
$412/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$412/mo
+$1,560/mo
9.5%

City: Grand Prairie

1042 Sw 3rd St | Property Details | No Agent List