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$219,000

$225,000

1662 Birch St, Grand Prairie, TX, 75050

$256,953 ARVInfo
On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,469 Sq Ft
price_per_sqft$149.08 / sqft
Year BuiltBuilt in 1942

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesGas Range, Vented Exhaust Fan
FlooringCarpet, Linoleum, Tile

Exterior

Exterior FeaturesLighting
Lot Size8,198 sqft

Building Information

Year Built1942
Stories1
Roof Type105

Land Information

APN28061500080300000
Lot Number30
SubdivisionFairview
Land UseResidential
Legal DescriptionFAIRVIEW 1 BLK H LT 30 CO-DC 0615000803000 4CP06150008
Census Tract015600
Assessed Land Value$40,000
Assessed Improvement Value$238,850
Assessment Year2025

About this property

Opportunity awaits at this charming property situated on a a spacious corner lot in the heart of Grand Prairie! Offered as-is, this home is full of potential and features several important updates already completed, including newer windows, HVAC system, a new electrical panel, and solar panels for added energy efficiency. The converted garage provides valuable additional living space and can serve as a flex room, home office, game room, or even a potential fourth bedroom to fit your needs. Outside, you'll find mature fig and pecan trees, providing shade and seasonal harvests, along with a storm shelter for added peace of mind. Conveniently located near shopping, dining, entertainment, schools, and major highways, this property offers easy access to all that Grand Prairie has to offer. Whether you're an investor, a first-time buyer looking to add your personal touch, or someone seeking a home with character and potential, this property is one you won't want to miss. Schedule your showing today!

Investor Tools

$67,162Estimated Mortgage Balance
$212,057Estimated Equity
75% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$256,953
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,673 /month
Positive
Cash Flow Estimate:
$558 /month

Interested in this property?

Patty Turner

Keller Williams Rockwall

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$478/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,347
$278,850
2025
$40,000
$238,850
$278,850
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,347
$278,850

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Financial Freedom Senior Funding Corp
Reverse Mortgage / Hecm
$120,000
No
First
Sep 15, 2007
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$67,162
$211,688
75%
24%
$665/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$665/mo
+$1,307/mo
8.5%

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.

Explore Texas Explore This Area
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: Grand Prairie

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1662 Birch St | Property Details | No Agent List