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$275,000

12608 Crestwood Lane, Balch Springs, TX, 75180

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,393 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$197.42 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

BankruptcyAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range

Exterior

Exterior FeaturesStorage
Lot Size7,200 sqft

Building Information

Year Built1970
Stories1
Roof Type105
Garage Spaces1

Land Information

APN12017500020240000
Lot Number24
SubdivisionFreeway Forest
Land UseResidential
Legal DescriptionFREEWAY FOREST 3 BLK B LOT 24 INT202300173241 DD08252023 CO-DC 0175000202400 1CB01750002
Census Tract017203
Assessed Land Value$45,000
Assessed Improvement Value$209,960
Assessment Year2025

About this property

Welcome to 12608 Crestwood Lane, a charming 3 bedroom, 2 bath home offering an open floor plan that is perfect for everyday living and entertaining. Recent updates include fresh interior paint, new carpet, and energy-efficient Low-E windows that fill the home with natural light. The kitchen features granite countertops and flows seamlessly into the dining and living areas, creating a comfortable and inviting space. The current owners have also upgraded the plumbing and electrical systems, adding peace of mind and long-term value. Outside, a spacious backyard includes a versatile workshop, ideal for hobbies, storage, or projects, while the generous lot provides room to relax and enjoy. Conveniently located with easy access to Mesquite, Balch Springs, and Dallas, this home is move-in ready and waiting for its next owner.

Investor Tools

$225,203Estimated Mortgage Balance
$29,757Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month

Interested in this property?

Dan Willems

Flex Group Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$624/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,210
$254,960
2025
$45,000
$209,960
$254,960
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,210
$254,960

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Integrity Mortgage Corporation Of Texas
Conventional
$237,500
No
First
Aug 25, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$225,203
$29,757
11%
88%
$1,424/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,424/mo
+$548/mo
9.3%

City: Balch Springs

12608 Crestwood Lane | Property Details | No Agent List