$130,768
NAL Estimated Property Value136 Grissom Dr, Gun Barrel City, TX, 75156
$169,998 ARV
Off Market
Property Lead Type:
Off-Market ListARV FlipAbsentee Owner
Highlights
Interior
AppliancesDishwasher, Electric Oven, Electric Range, Electric Water Heater, Refrigerator
FlooringVinyl
Exterior
Lot Size7,841 sqft
Building Information
Year Built1978
Land Information
APN3850-0073-0030-53
Lot Number3
SubdivisionPleasure Land Ests #1, #2 (105)
Land UseResidential
Legal DescriptionTR 73 LT 3 AB 483 B MEDRO SUR, PLEASURE LAND ESTS #2 TR 73 LT 3 (UNREC/PLAT)
Census Tract950601
Assessed Land Value$91,200
Assessed Improvement Value$39,568
Assessment Year2025
About this property
Well kept property that partially backs up to the lake. Master bedroom is a great size with a half bath but with an addition that needs to be completed for a tub or shower to be put into place to make it into a full bath by a new owner with a vision. This home will also make a good getaway home for weekends or vacation. There is also a boat ramp that needs repair in the backyard. Buyer to verify all measurenents and schools. 30 day leaseback is needed. There is no survey and buyer will need to purchase one.
Investor Tools
$130,768
Estimated Property Value
$85,195Estimated Mortgage Balance
$45,573Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$169,998
Rent-to-Value Ratio: 0.72%
Rent Estimate
$840 /month
Positive
Cash Flow Estimate:
$280 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$147/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,113
$130,768
2025
$91,200
$39,568
$130,768
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,113
$130,768
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Loan Store Inc
Conventional
$90,000
No
First
Jun 14, 2023
Jul 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$85,195
$45,573
34%
65%
$540/mo
