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$354,720

NAL Estimated Property Value

1502 Avenue F, Grand Prairie, TX, 75051

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,927 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$137.52 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Refrigerator, Electric Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size6,240 sqft

Building Information

Year Built2007
Stories2
Roof Type105
Garage Spaces2

Land Information

APN28112500040110000
Lot Number11
SubdivisionLake
Land UseResidential
Legal DescriptionLAKE CREST 2 BLK 4 LT 11 INT202100066571 DD03052021 CO-DC 1125000401100 4CP11250004
Census Tract016301
Assessed Land Value$80,000
Assessed Improvement Value$274,720
Assessment Year2025

About this property

The owners have spent the last few weeks getting this home ready for you. 3 bedrooms, 2 bathrooms and a loft upstairs. Living room, dining area, and kitchen on the main floor. Luxury vinyl plank flooring in the living, dining, kitchen, and loft. New carpet (Jan 2021) in the bedrooms and stairs. Refrigerator, range oven, microwave and dishwasher replaced in 2018. Custom roller shades on all windows. Interior door handles updated. Updated ceiling fans. Sprinkler system. Class 4 roof installed 2019. Gutters replaced in 2019. Minutes from Mountain Creek Lake, Mountain Creek Park, and Joe Pool Lake. Easy access to freeways.

Investor Tools

Property Icon
$354,720
Estimated Property Value
$238,851Estimated Mortgage Balance
$115,869Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,128 /month
Positive
Cash Flow Estimate:
$709 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$584/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,234
$354,720
2025
$80,000
$274,720
$354,720
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,234
$354,720

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Academy Mortgage Corp
Fha
$265,109
Yes
First
Mar 5, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$238,851
$115,869
32%
67%
$1,590/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,590/mo
+$382/mo
6.7%

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.

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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1502 Avenue F | Property Details | No Agent List