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$1,045,570

NAL Estimated Property Value

1104 Colonial Ct, Grand Prairie, TX, 75104

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths4,168 Sq Ft
Unimproved LandUnimproved Land
Year BuiltBuilt in 2023

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size2.21 acres

Building Information

Year Built2023
Stories1
Roof Type105
Garage Spaces5

Land Information

APN281209000H2322000
Lot Number2322
SubdivisionLake Ridge Sec 18-A
Land UseResidential
Legal DescriptionLAKE RIDGE SEC 18-A PH 3 BLK H LT 2322 INT202200060777 DD03022022 CO-DC 1209000H23220 4CP1209000H
Census Tract016525
Assessed Land Value$200,000
Assessed Improvement Value$845,570
Assessment Year2025

About this property

BACK ON THE MARKET! Rare opportunity to buy and build on 2.2 pristine acres in Lake Ridge! With 220 feet of private pond access, and beautiful views, this lot offers a remote country feel yet is just a quick drive to restaurants, shopping, and downtown Dallas. Drone video available on request. Survey available in listing documents.

Investor Tools

Property Icon
$1,045,570
Estimated Property Value
$611,116Estimated Mortgage Balance
$434,454Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,273 /month
Positive
Cash Flow Estimate:
$2,091 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,039/month
$285/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$19,241
$1,045,570
2025
$200,000
$845,570
$1,045,570
No

Tax History

Year
Tax Paid
Assessed Value
2024
$19,241
$1,045,570

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Cowboy Bank Of Texas
Va
$637,000
Yes
First
Feb 15, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$611,116
$434,454
41%
58%
$3,820/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,070/mo
$4,105/mo
$-1,035/mo
3.5%

City: Grand Prairie

1104 Colonial Ct | Property Details | No Agent List