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B+
NoAgentList RatingHow are grades calculated? Info
Days43Days on Market
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$199,000

11111 Jean Drive, Balch Springs, TX, 75180

$244,616 ARVInfo
On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,870 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$106.42 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

BankruptcyPre-ForeclosureDeal ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesOther

Exterior

Lot Size9,600 sqft

Building Information

Year Built1961
Stories1
Roof Type105
Garage Spaces1

Land Information

APN12021500010010000
Lot Number1
SubdivisionGlad Acres
Land UseResidential
Legal DescriptionGLAD ACRES BLK 1 LOT 1 75X127.50 INT201800307118 DD11162018 CO-DC 0215000100100 4CB02150001
Census Tract011801
Assessed Land Value$60,000
Assessed Improvement Value$195,340
Assessment Year2025

About this property

Welcome to this 3-bedroom, 2-bath home nestled in a quiet, established neighborhood in Balch Springs. Offering a solid foundation and several recent updates, this property presents a great opportunity for homeowners or investors looking to add their own finishing touches. Recent rehabilitation work has already been completed, giving the home a head start toward its full potential while still leaving room for customization and value-add improvements. Inside, you'll find a functional floor plan with comfortable living spaces, spacious bedrooms, and plenty of natural light. The large yard provides ample space for outdoor entertaining, gardening, or future enhancements. Conveniently located with easy access to major highways, shopping, dining, and schools, this home combines affordability, potential, and location. Whether you're looking for your next residence or an investment opportunity, this property is ready for its next chapter.

Investor Tools

Property Icon
$303,000
Estimated Property Value
$0Estimated Mortgage Balance
$199,312Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$244,615
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,818 /month
Positive
Cash Flow Estimate:
$606 /month

Interested in this property?

Cole McCullough

Corey Simpson & Associates

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$319/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,308
$255,340
2025
$60,000
$195,340
$255,340
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,308
$255,340

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Unknown
$122,400
No
First
Nov 16, 2018
Dec 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$103,688
$199,312
65%
34%
$734/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$734/mo
+$1,238/mo
7.8%

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.

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: Balch Springs

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11111 Jean Drive | Property Details | No Agent List