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$280,000

NAL Estimated Property Value

129/131 NE 22ND Street, Grand Prairie, TX, 75050

Off MarketInfo
Beds5 Beds
Baths2 Bath
Year BuiltBuilt in 1953

Property Lead Type:

Off-Market List

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 2Bathrooms 2
AppliancesElectric Range, Electric Water Heater
FlooringVinyl

About this property

Updated duplex built in 1953 featuring a 3BR 1BA unit and a 2BR 1BA unit—an excellent opportunity for investors seeking durable cash flow with major systems already addressed. Both units offer central HVAC, updated electrical panels, and updated plumbing with PEX water lines and PVC sewer. Foundation work completed in 2025 and the roof is approximately 6 years old. Separately metered for water and electric, with tenants paying all utilities, keeping operating expenses low. Current rental income $2800 per month. Current tenancy provides flexibility and stability with one unit month-to-month and the other leased through October 2026. Convenient Grand Prairie location with strong rental demand—ideal as a buy-and-hold. Agent Owned Buyer to verify schools and measurements.

Investor Tools

Property Icon
$280,000
Estimated Property Value
$0Estimated Mortgage Balance
$280,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,680 /month
Positive
Cash Flow Estimate:
$560 /month

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Financing Details

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

City: Grand Prairie

129/131 NE 22ND Street | Property Details | No Agent List