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$257,300

NAL Estimated Property Value

1326 Driftwood Drive, Duncanville, TX, 75116

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,344 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$148.07 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop, Electric Oven, Refrigerator
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size7,695 sqft

Building Information

Year Built1961
Stories1
Roof Type105

Land Information

APN22041500180070000
Lot Number7
SubdivisionFairmeadows
Land UseResidential
Legal DescriptionFAIRMEADOWS 5 BLK R LT 7 INT202200325182 DD12212022 CO-DC 0415001800700 4CV04150018
Census Tract016536
Assessed Land Value$50,000
Assessed Improvement Value$207,300
Assessment Year2025

About this property

This is a great home that had been used as a rental income property. Unfortunately the last tenants were not so kind to the sellers so they have decided to let this investment go as-is. Prior to the last tenant this property went through a revitalizing rehab. It just needs the next owner to take this gem to the next level. Quiet and highly sought-after Fairmeadows neighborhood. Large living area centered around the fire place to bring your family together. Bathroom has been completely remodeled with new tile and fixtures. Large backyard for entertaining and family activities. Fireplace is decorative only but can be re-activated. This is a great property for an investor or for an owner occupant. Come see it quick before it is gone! NOTE photos are illustrative and not depicting current condition

Investor Tools

Property Icon
$257,300
Estimated Property Value
$172,054Estimated Mortgage Balance
$85,246Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,544 /month
Positive
Cash Flow Estimate:
$515 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$529/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,060
$257,300
2025
$50,000
$207,300
$257,300
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,060
$257,300

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Synergy One Lending
Unknown
$183,658
No
First
Dec 21, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$172,054
$85,246
33%
67%
$1,102/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,102/mo
+$1,470/mo
12.0%

Learn About the Market: Opportunity in Texas

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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: Duncanville

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1326 Driftwood Drive | Property Details | No Agent List