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$228,000

NAL Estimated Property Value

1536 John Smith Drive, Irving, TX, 75061

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,055 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$184.83 / sqft
Year BuiltBuilt in 1953

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range
FlooringCarpet, Laminate, Wood

Exterior

Lot Size7,392 sqft

Building Information

Year Built1953
Stories1
Roof Type105
Garage Spaces1

Land Information

APN32405500030100000
Lot Number10
SubdivisionPlymouth Park
Land UseResidential
Legal DescriptionPLYMOUTH PARK 2 BLK 3 LOT 10 INT202100299770 DD10052021 CO-DC 4055000301000 2CI40550003
Census Tract014501
Assessed Land Value$60,000
Assessed Improvement Value$154,610
Assessment Year2025

About this property

Here is the 3 bedroom home you have been waiting for! This one is move in ready and features several updates and future potential. Original hardwood floors are believed to be in tact. Central HVAC. Large dining area opens to the living room. Huge covered deck in the backyard perfect for entertaining and cookouts. Large backyard with 2 storage workshops. Single car garage includes laundry hook ups. Recent board on board privacy fencing with gate to access alley. Recent concrete driveway for 2 cars in the front! Come see this one before it's gone, will not last long! Highest and best offers DUE by Monday August 30 at 6pm

Investor Tools

Property Icon
$228,000
Estimated Property Value
$295,540Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,368 /month
Positive
Cash Flow Estimate:
$456 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$353/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,091
$214,610
2025
$60,000
$154,610
$214,610
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,091
$214,610

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southwest Funding Lp
Unknown
$299,475
No
First
Aug 21, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$295,540
N/A
0%
130%
$1,796/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,796/mo
+$176/mo
10.4%

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: Irving

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1536 John Smith Drive | Property Details | No Agent List