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$194,980

12203 Knight Dr, Balch Springs, TX, 75180

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,132 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$167.84 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range, Microwave
FlooringCeramic Tile

Exterior

Lot Size7,750 sqft

Building Information

Year Built1971
Stories1
Roof Type105
Garage Spaces1

Land Information

APN12013500060100000
Lot Number10
SubdivisionFreeway East Rev
Land UseResidential
Legal DescriptionFREEWAY EAST REV BLK F LT 10 60X120 INT200600381028 DD07012003 CO-DC 0135000601000 4CB01350006
Census Tract017204
Assessed Land Value$50,000
Assessed Improvement Value$144,980
Assessment Year2025

About this property

Excellent location easy access to HWY 635-, 80-, 20-, and 175-Minute drive to Town East Mall. close to shopping centers, restaurants and much more. New Roofing, fresh paint inside and out. large back yard with a covered patio Don't miss the opportunity to own this house SELLER IS MOTIVATED OPEN HOUSE !!! 06-7-2025 FROM 2PM TO 4PM !!!

Investor Tools

Property Icon
$194,980
Estimated Property Value
$176,739Estimated Mortgage Balance
$20,563Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,170 /month
Positive
Cash Flow Estimate:
$390 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$459/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,533
$194,980
2025
$50,000
$144,980
$194,980
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,533
$194,980

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$176,739
Yes
First
Aug 8, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$174,417
$20,563
10%
89%
$1,060/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,060/mo
+$912/mo
12.1%

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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