$250,000
NAL Estimated Property Value1609 Glen Key St, Grand Prairie, TX, 75051
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerMove-In Ready
Highlights
Interior
AppliancesElectric Range
FlooringCeramic Tile, Tile
Exterior
Lot Size7,255 sqft
Building Information
Year Built1956
Stories1
Roof Type105
Garage Spaces1
Land Information
APN28095500080140000
Lot Number14
SubdivisionInglewood Park
Land UseResidential
Legal DescriptionINGLEWOOD PARK 1 BLK 8 LOT 14 INT202500112690 DD05292025 CO-DC 0955000801400 4CP09550008
Census Tract016201
Assessed Land Value$50,000
Assessed Improvement Value$174,800
Assessment Year2025
About this property
SELLER IS GIVING UP TO $5,000 TOWARDS BUYER CONCESSIONS. This beautifully appointed, move in ready home boasts four bedrooms and two bathrooms, ideally situated in a prime location. Perfect for first time buyers, the property features a spacious private backyard with a covered patio. Conveniently located mere minutes from Epic central and numerous shopping and entertainment areas.
Investor Tools
$250,000
Estimated Property Value
$216,912Estimated Mortgage Balance
$33,088Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,590 /month
Positive
Cash Flow Estimate:
$530 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$526/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,060
$224,800
2025
$50,000
$174,800
$224,800
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,060
$224,800
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Centennial Bank
Conventional
$220,800
No
First
May 29, 2025
Jun 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$216,912
$33,088
13%
87%
$1,324/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,324/mo
+$1,248/mo
12.3%
