Last 24 Hours
$212,000
NAL Estimated Property Value1622 Birch Street, Grand Prairie, TX, 75050
Off Market
2 Beds
1 Bath
838 Sq Ft
Single Family Residence
$201.67 / sqft
Built in 1942Property Lead Type:
Off-Market ListHigh EquityMove-In Ready
Highlights
Interior
Bedrooms 2
Bathrooms Full 1
Garage Available
Heating Central
CoolingAppliancesNone, Plumbed For Ice Maker
FlooringLaminate
Exterior
Lot Size6,292 sqft
Building Information
Year Built1942
Stories1
Roof Type105
Garage Spaces1
Land Information
APN28061500080060000
Lot Number6
SubdivisionFairview
Land UseResidential
Legal DescriptionFAIRVIEW 1 BLK H LT 6 INT202000276645 DD10082020 CO-DC 0615000800600 4CP06150008
Census Tract015600
Assessed Land Value$40,000
Assessed Improvement Value$156,240
Assessment Year2025
About this property
Super cute bungalow in an established neighborhood, prime location, and close to major highways. This home was completely remodeled from the studs out. It features 2 Bedrooms, 1 Bath, and a spacious living area. High-end laminate flooring was installed throughout, as well as new double pane windows, and a new AC System. The kitchen features granite countertops, shaker cabinets, and high-end fixtures. Appliances will be installed. The home sits in an oversized lot with a garage. Come see it today. You won't be disappointed. **Multiple Offers Recieved. Send your best and final by 5:00 7 Sept.
Investor Tools
$212,000
Estimated Property Value
$144,520Estimated Mortgage Balance
$67,480Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,272 /month
Positive
Cash Flow Estimate:
$424 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$328/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,881
$196,240
2025
$40,000
$156,240
$196,240
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,881
$196,240
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swbc Mortgage Corp
Fha
$162,011
Yes
First
Oct 8, 2020
Nov 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$144,520
$67,480
31%
68%
$972/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$972/mo
+$593/mo
8.9%
12.4%