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$341,000

NAL Estimated Property Value

1321 Drexel Drive, Irving, TX, 75061

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,379 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$128.21 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Vented Exhaust Fan, Gas Water Heater
FlooringCarpet, Vinyl

Exterior

Lot Size10,293 sqft

Building Information

Year Built1972
Stories1
Roof Type105
Garage Spaces2

Land Information

APN32519500010020000
Lot Number2
SubdivisionStarlite
Land UseResidential
Legal DescriptionSTARLITE 13 BLK A LT 2 INT202100280684 DD09172021 CO-DC 5195000100200 2CI51950001
Census Tract014704
Assessed Land Value$100,000
Assessed Improvement Value$190,580
Assessment Year2025

About this property

Great opportunity to make the home your own! Ideal for a growing family. This home offers generous room sizes, dual walk-in closets in the master, abundant natural light, formal living, formal dining, a huge den with fireplace, and a large kitchen with a breakfast area. The carpet was recently replaced. Large yard, privacy wood fence, and storage shed. Located just minutes to DFW and Love Field Airports, major freeways, downtown Dallas and Las Colinas. Easy access to schools and shopping.

Investor Tools

Property Icon
$341,000
Estimated Property Value
$253,737Estimated Mortgage Balance
$87,263Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,046 /month
Positive
Cash Flow Estimate:
$682 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$521/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,545
$290,580
2025
$100,000
$190,580
$290,580
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,545
$290,580

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Independent Bank
Unknown
$278,387
No
First
Sep 17, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$253,737
$87,263
25%
74%
$1,670/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,670/mo
+$302/mo
6.9%

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: Irving

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1321 Drexel Drive | Property Details | No Agent List