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$235,000

NAL Estimated Property Value

13220 Lexington Lane, Balch Springs, TX, 75180

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,272 Sq Ft
price_per_sqft$137.57 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher
FlooringCarpet, Laminate

Exterior

Lot Size7,080 sqft

Building Information

Year Built1983
Stories1
Roof Type105
Garage Spaces2

Land Information

APN12030500060030000
Lot Number3
SubdivisionHeritage Park
Land UseResidential
Legal DescriptionHERITAGE PARK 2 BLK 6 LT 3 60X118.15 INT202000357494 DD12172020 CO-DC 0305000600300 1CB03050006
Census Tract017315
Assessed Land Value$55,000
Assessed Improvement Value$166,370
Assessment Year2025

About this property

**Multiple Offers**Come and see this beautiful home located within 15 mins of Downtown Dallas. Also mins away from 635 and Hwy 20. Once you arrive you will notice a cute home with fresh landscaping that has additional parking out front. As you walk in, you will notice a freshly painted home along with updated flooring and high ceilings in the living room. The dining room sits off the kitchen with stainless steel appliances with a updated stove and dishwasher. The carpet was recently replaced along with spacious rooms and walk in closets. The large master bedroom can fit a larger furniture set along with a walk in closet. The backyard has plenty of space and a patio for your guest to hang out for some TX BBQ.

Investor Tools

Property Icon
$235,000
Estimated Property Value
$158,292Estimated Mortgage Balance
$76,708Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,410 /month
Positive
Cash Flow Estimate:
$470 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$545/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,367
$221,370
2025
$55,000
$166,370
$221,370
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,367
$221,370

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Town Square Mortgage & Investments Inc
Fha
$176,739
Yes
First
Dec 17, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$158,292
$76,708
32%
67%
$1,060/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,060/mo
+$912/mo
10.1%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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13220 Lexington Lane | Property Details | No Agent List