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Days71Days on Market
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$213,000

12308 Queen Drive, Balch Springs, TX, 75180

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,143 Sq Ft
price_per_sqft$186.35 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range

Exterior

Lot Size7,800 sqft

Building Information

Year Built1971
Stories1
Roof Type105
Garage Spaces1

Land Information

APN12013500040210000
Lot Number21
SubdivisionFreeway East Rev
Land UseResidential
Legal DescriptionFREEWAY EAST REV BLK D LOT 21 60X120 INT201700117603 DD04202017 CO-DC 0135000402100 4CB01350004
Census Tract017204
Assessed Land Value$50,000
Assessed Improvement Value$146,740
Assessment Year2025

About this property

Welcome to this ideally located home offering easy access to I-635, I-20, Highway 80, and Highway 175—making commuting a breeze. Just minutes from Town East Mall, you’ll enjoy convenient access to shopping, dining, and everyday essentials. This home is perfect for a first-time homebuyer looking for comfort, convenience, and a place to create lasting memories in a prime location.”

Investor Tools

$0Estimated Mortgage Balance
$227,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,362 /month
Positive
Cash Flow Estimate:
$454 /month

Interested in this property?

Lucy Bernal

Ultima Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$475/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,569
$196,740
2025
$50,000
$146,740
$196,740
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,569
$196,740

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$227,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
N/A
+$1,972/mo
10.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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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12308 Queen Drive | Property Details | No Agent List