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$198,210

NAL Estimated Property Value

11303 Patti Lane, Balch Springs, TX, 75180

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,077 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$185.7 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Range
FlooringCarpet, Wood

Building Information

Year Built1958
Stories1
Roof Type105
Garage Spaces1

Land Information

APN12048500000070000
Lot Number7
SubdivisionMorton Gonsior
Land UseResidential
Legal DescriptionMORTON GONSIOR LOT 7 72X175.35 INT202300001502 DD12302022 CO-DC 0485000000700 4CB04850000
Census Tract011801
Assessment Year2025

About this property

This property qualifies for Chase Bank's $5000 Chase Homebuyer Grant, eligible customers who purchase and finance with Chase can receive $5000. Great opportunity for a fixer upper to make it your own. This home has 3 bedrooms and a large converted garage bonus room. Come make this home your own. The storage room in the backyard has power.

Investor Tools

Property Icon
$198,210
Estimated Property Value
$358,740Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,200 /month
Positive
Cash Flow Estimate:
$400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$467/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,608
$198,210
2025
N/A
N/A
$198,210
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,608
$198,210

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Fha
$191,468
Yes
First
Dec 30, 2022
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$358,740
N/A
0%
181%
$2,296/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,296/mo
$-324/mo
11.9%

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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11303 Patti Lane | Property Details | No Agent List