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$240,290

NAL Estimated Property Value

1601 Avenue A, Grand Prairie, TX, 75051

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,040 Sq Ft
price_per_sqft$240.38 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Range
FlooringTile, Wood

Exterior

Lot Size7,967 sqft

Building Information

Year Built1969
Stories1
Roof Type105
Garage Spaces2

Land Information

APN28112500190080000
Lot Number8
SubdivisionLake
Land UseResidential
Legal DescriptionLAKE CREST 2 BLK 19 LT 8 INT202300076091 DD04192023 CO-DC 1125001900800 4CP11250019
Census Tract016301
Assessed Land Value$80,000
Assessed Improvement Value$160,290
Assessment Year2025

About this property

A single story home sitting on a large corner lot in a wonderful established neighborhood. This home offers 3 bedrooms, 1.5 bath, and a large 2 car garage that has not been converted yet to extra living space. The backyard is fenced off and ready to use. The HVAC and Windows have been updated. Come make this gem your home.

Investor Tools

Property Icon
$240,290
Estimated Property Value
$212,234Estimated Mortgage Balance
$28,056Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$551/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,408
$240,290
2025
$80,000
$160,290
$240,290
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,408
$240,290

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Simmons Bank
Conventional
$224,975
No
First
Apr 19, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$212,234
$28,056
11%
88%
$1,349/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$1,349/mo
+$216/mo
7.8%

City: Grand Prairie

1601 Avenue A | Property Details | No Agent List