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Days248Days on Market
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$215,000

$220,000

1809 Balla Way, Grand Prairie, TX, 75051

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,218 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$176.52 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range, Other

Exterior

Lot Size7,221 sqft

Building Information

Year Built1958
Stories1
Roof Type105
Garage Spaces1

Land Information

APN28096503850130000
Lot Number13
SubdivisionInglewood Park
Land UseResidential
Legal DescriptionINGLEWOOD PARK 2 BLK 16/385 LOT 13 INT202300175115 DD08292023 CO-DC 0965038501300 4CP09650385
Census Tract016204
Assessed Land Value$40,000
Assessed Improvement Value$220,540
Assessment Year2025

About this property

AS-IS! Welcome to your next home in this delightful 3-bedroom, 2-bath residence nestled in the heart of Grand Prairie. With thoughtful updates and warm touches throughout, this property brings style, function, and community together in one inviting package. Whether you are looking for a starter home or a rental property, this home is perfect for you. Located in a very central location in the DFW metroplex, giving you quick access to both Dallas and Fort Worth and is surrounded by many parks and recreation centers.

Investor Tools

Property Icon
$260,540
Estimated Property Value
$265,109Estimated Mortgage Balance
$8,732Estimated Equity
-2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,563 /month
Positive
Cash Flow Estimate:
$521 /month

Interested in this property?

Juan Rivera

Decorative Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$599/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,880
$260,540
2025
$40,000
$220,540
$260,540
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,880
$260,540

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Security National Mortgage Co
Stand Alone Second / Subordinate Position
$265,109
No
First
Oct 3, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$252,657
$7,883
3%
97%
$1,590/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,590/mo
+$382/mo
9.1%

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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1809 Balla Way | Property Details | No Agent List