$329,000
NAL Estimated Property Value1506 Bahamas Court, Grand Prairie, TX, 75050
Off Market
Property Lead Type:
BankruptcyOff-Market ListHigh EquityMove-In Ready
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Cooktop
FlooringLaminate
Exterior
Lot Size10,156 sqft
Building Information
Year Built1974
Stories1
Roof Type105
Garage Spaces2
Land Information
APN28035500130020000
Lot Number2
SubdivisionContinental
Land UseResidential
Legal DescriptionCONTINENTAL ESTATES 2 BLK M LT 2 INT202100113498 DD04162021 CO-DC 0355001300200 4CP03550013
Census Tract015403
Assessed Land Value$60,000
Assessed Improvement Value$238,730
Assessment Year2025
About this property
Upgrades galore with nothing to do but move in! Total remodel with new cabinets, stainless steel appliances, lighting, bathrooms, fresh paint, and more! New Vanities, walk-in shower with subway tile. French doors lead out to the backyard. This property is perfect for a growing family!
Investor Tools
$329,000
Estimated Property Value
$256,561Estimated Mortgage Balance
$72,439Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,974 /month
Positive
Cash Flow Estimate:
$658 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$554/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,003
$298,730
2025
$60,000
$238,730
$298,730
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,003
$298,730
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Security National Mortgage Co
Conventional
$284,210
No
First
Apr 16, 2021
May 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$256,561
$72,439
22%
78%
$1,704/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,704/mo
+$868/mo
9.4%
