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NoAgentList RatingHow are grades calculated?Info

$299,926

NAL Estimated Property Value

1406 Derby Dr, Kennedale, TX, 76060

$316,100 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,915 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$156.61 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesPrivate Yard
Lot Size10,267 sqft

Building Information

Year Built1994
Stories1
Garage Spaces2

Land Information

APN40283-3-4
Lot Number4
SubdivisionSteeplechase
Land UseResidential
Legal DescriptionSTEEPLECHASE BLOCK 3 LOT 4
Census Tract111411
Assessed Land Value$75,000
Assessed Improvement Value$224,926
Assessment Year2025

About this property

Charming 3 bedrooms, 2 bathrooms single story home on almost quarter of an acre. Step into a foyer with a formal dining room on your left that flows into a large living room with soaring ceilings. Walk into a spacious kitchen with ample counter space featuring granite countertops & stainless steel appliances including a gas range. Enjoy your breakfast & morning coffee in a beautiful breakfast nook flooded with sunlight from the large windows. Step outside into a huge backyard that your little fury friend would enjoy, perfect for bbq & entertainment. Minutes away from many restaurants and highway 287. Priced to sell quickly & as-is where is. Book your showing today!

Investor Tools

Property Icon
$299,926
Estimated Property Value
$147,134Estimated Mortgage Balance
$152,792Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$316,099
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,800 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$580/month
$72/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,460
$299,926
2025
$75,000
$224,926
$299,926
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,460
$299,926

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Neighborhood Loans
Conventional
$150,000
No
First
Apr 4, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$147,134
$152,792
50%
49%
$900/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$972/mo
+$955/mo
7.7%

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: Kennedale

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1406 Derby Dr | Property Details | No Agent List