1view

Owner Contacts

$220,000

NAL Estimated Property Value

1502 Grantbrook Ln, Dallas, TX, 75228

Off Market

2 Beds

2 Bath

1,391 Sq Ft

Condos / Townhouses

$161.75 / sqft

Built in 1981

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Electric Cooktop, Electric Oven

FlooringCarpet, Tile

Building Information

Year Built1981

Stories1

Roof Type105

Garage Spaces1

Land Information

APN0073800E0012A0000

SubdivisionSkyline Park 2 Replat

Land UseResidential

Legal DescriptionSKYLINE PARK 2 REPLAT BLK E/7380 LOT 12A INT201500341767 DD12042015 CO-DC 7380 E00 12A00 1DA7380 E00

Census Tract012210

Assessment Year2025

About this property

Investor Special!!! NEW ROOF INSTALLED IN NOVEMBER 2024. NEW AC UNIT INSTALLED IN JUNE 2024. This spacious 2-bedroom, 2-bathroom townhome is the perfect addition to your investment portfolio! Nestled in a convenient location near I-30 and Loop 12, this 2-story unit offers both comfort and accessibility. Currently occupied by a reliable long-term tenant who consistently pays on time, this property provides immediate rental income with no hassle. Inside, you'll find a functional layout with two generously sized bedrooms, ample storage space, and two full bathrooms. Whether you're a seasoned investor or just getting started, this townhome is a smart, turn-key opportunity in a rapidly growing area.

Investor Tools

$220,000

Estimated Property Value

$0Estimated Mortgage Balance

$220,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,350 /month

Positive

Cash Flow Estimate:

$450 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$501/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,917

$220,000

2025

N/A

$220,000

Tax History

Year

Tax Paid

Assessed Value

2024

$4,917

$220,000

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$220,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,565/mo

N/A

+$1,565/mo

8.5%

Learn About the Market: Opportunity in Dallas

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Dallas

The largest metro area in Texas, Dallas–Fort Worth blends corporate muscle with suburban sprawl and long-run growth. Anchored by Fortune 500 headquarters, two major airports, and sprawling master-planned communities, the region stretches from Uptown Dallas high-rises to Fort Worth’s historic Stockyards.

DFW is where finance meets freight, tech meets transportation, and new subdivisions seem to rise as quickly as new logistics hubs. It’s a metro defined by scale — in jobs, rooftops, and opportunity.

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