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B+
NoAgentList RatingHow are grades calculated? Info

$358,000

12608 Margaret Drive, Balch Springs, TX, 75180

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,867 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$86.33 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Plumbed For Ice Maker, Electric Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size6,180 sqft

Building Information

Year Built2006
Stories1
Roof Type105
Garage Spaces2

Land Information

APN120132000A0240000
Lot Number24
SubdivisionFossil Ridge
Land UseResidential
Legal DescriptionFOSSIL RIDGE BLK A LT 24 INT201900232046 DD08292019 CO-DC 0132000A02400 1CB0132000A
Census Tract017203
Assessed Land Value$55,000
Assessed Improvement Value$263,730
Assessment Year2025

About this property

Stunning home in Balch Springs in the Fossil Ridge subdivision! 4 bedroom, 2 and a half bath home with a spacious GAMEROOM upstairs. Downstairs has beautiful custom tile work throughout. Home offers breakfast bar and large separate dining room. Master bedroom is spacious with double sinks, separate shower, and walk in closet in the master bath. Windows give a beautiful view to the large, fenced in backyard. This beautiful home is part of the Mesquite ISD with excellent freeway access to the 635.

Investor Tools

Property Icon
$358,000
Estimated Property Value
$0Estimated Mortgage Balance
$177,122Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,148 /month
Positive
Cash Flow Estimate:
$716 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$638/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,870
$318,730
2025
$55,000
$263,730
$318,730
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,870
$318,730

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Bank Financial
Conventional
$208,800
No
First
Aug 29, 2019
Sep 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$180,878
$177,122
49%
51%
$1,252/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,252/mo
+$1,320/mo
8.6%

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.

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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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12608 Margaret Drive | Property Details | No Agent List