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B+
NoAgentList RatingHow are grades calculated? Info

$215,000

1401 Hickory Street, Grand Prairie, TX, 75050

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths1,184 Sq Ft
DuplexDuplex
price_per_sqft$181.59 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Range, Refrigerator
FlooringLaminate

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size6,818 sqft

Building Information

Year Built1940
Stories1
Roof Type105

Land Information

APN28076500020080000
Lot Number8
SubdivisionGrandview
Land UseResidential
Legal DescriptionGRANDVIEW BLK B LT 8 INT202100157376 DD05202021 CO-DC 0765000200800 4CP07650002
Census Tract015600
Assessed Land Value$50,000
Assessed Improvement Value$153,700
Assessment Year2025

About this property

Great opportunity to own a full duplex in Grand Prairie! Each unit has 1 bedroom and 1 bathroom and washer & dryer connections, central HVAC and privacy fence. Nice open layout with lots of natural light and huge backyard. Great location in nice quite neighborhood near I 30 and quick commute to Dallas. Unit 1403 is leased until August 31, 2021 for $850. Unit 1401 is vacant for you to tour. Investors - start cash flowing on day 1!

Investor Tools

Property Icon
$250,000
Estimated Property Value
$0Estimated Mortgage Balance
$95,515Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$498/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,727
$203,700
2025
$50,000
$153,700
$203,700
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,727
$203,700

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$170,800
No
First
May 20, 2021
Jun 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$154,485
$95,515
38%
62%
$1,025/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$1,025/mo
+$540/mo
7.5%

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.

Explore Texas Explore This Area
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: Grand Prairie

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1401 Hickory Street | Property Details | No Agent List