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$274,000

NAL Estimated Property Value

1129 Independence Trail, Grand Prairie, TX, 75052

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,352 Sq Ft
price_per_sqft$192.3 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop
FlooringCeramic Tile

Exterior

Lot Size6,966 sqft

Building Information

Year Built1979
Stories1
Roof Type105
Garage Spaces1

Land Information

APN28220990350110000
Lot Number11
SubdivisionTrailwood
Land UseResidential
Legal DescriptionTRAILWOOD 8 BLK II LT 11 INT202100389240 DD12222021 CO-DC 2209903501100 4CP22099035
Census Tract016417
Assessed Land Value$50,000
Assessed Improvement Value$216,280
Assessment Year2025

About this property

Total renovated, brand new appliances , ready for move-in, great location, easy to access to major highway I-20 ,Hwy 360 and Hwy161 and shopping centers. Great investment property or starter home. This home won't last long. Received Multiple offers highest and best by 5:00 pm Sunday 28.

Investor Tools

Property Icon
$274,000
Estimated Property Value
$175,993Estimated Mortgage Balance
$98,007Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,644 /month
Positive
Cash Flow Estimate:
$548 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$394/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,356
$266,280
2025
$50,000
$216,280
$266,280
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,356
$266,280

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Movement Mortgage
Conventional
$192,000
No
First
Dec 22, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$175,993
$98,007
35%
64%
$1,152/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$1,152/mo
+$968/mo
9.3%

City: Grand Prairie

1129 Independence Trail | Property Details | No Agent List