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$159,950

1725 Cherry Street, Grand Prairie, TX, 75050

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths750 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$213.27 / sqft
Year BuiltBuilt in 1949

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListDeal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesGas Range, Microwave, Refrigerator
FlooringCeramic Tile

Exterior

Lot Size6,146 sqft

Building Information

Year Built1949
Stories1
Roof Type105
Garage Spaces1

Land Information

APN28234500110250000
Lot Number25
SubdivisionVought Manor
Land UseResidential
Legal DescriptionVOUGHT MANOR 2 BLK 11 LOT 25 INT202100050042 DD02222021 CO-DC 2345001102500 4CP23450011
Census Tract015600
Assessed Land Value$50,000
Assessed Improvement Value$104,370
Assessment Year2025

About this property

This renovated cottage is Move-In Ready! Ideally located within Grand Prairies Entertainment District, this pier and beam home is a true gem. A complete make over in 2014 includes new windows, roof, electrical, central heating & air, and refinished solid oak hardwood floors. The awesome kitchen features new cabinets, countertops, flooring, and a stainless sink. Appliances include a gas stove, built-in microwave, a stackable washer-dryer, and refrigerator. One will admire the gleaming new ceramic tiled bath featuring a retro checked floor in keeping with the homes' 1940's vibe. Enjoy early morning coffee at Starbucks, or a day of fun at Lonestar Park, Ripley's or concert venue. BUYER to purchase NEW SURVEY.

Investor Tools

Property Icon
$190,000
Estimated Property Value
$0Estimated Mortgage Balance
$88,842Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,140 /month
Positive
Cash Flow Estimate:
$380 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$395/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,796
$154,370
2025
$50,000
$104,370
$154,370
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,796
$154,370

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Conventional
$112,500
No
First
Feb 22, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$101,158
$88,842
46%
53%
$675/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$675/mo
+$890/mo
9.9%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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1725 Cherry Street | Property Details | No Agent List