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$290,430

NAL Estimated Property Value

1922 Proctor Dr, Grand Prairie, TX, 75051

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,398 Sq Ft
price_per_sqft$196.71 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave
FlooringLaminate

Exterior

Lot Size7,152 sqft

Building Information

Year Built1956
Stories1
Roof Type105

Land Information

APN28096503830290000
Lot Number29
SubdivisionInglewood Park
Land UseResidential
Legal DescriptionINGLEWOOD PARK 2 BLK 14/383 LT 29 INT202300192606 DD09122023 CO-DC 0965038302900 4CP09650383
Census Tract016204
Assessed Land Value$40,000
Assessed Improvement Value$250,430
Assessment Year2025

About this property

Beautifully Remodeled Four Bedroom Home that was taken to the studs. Foundation Repaired with Transferable Lifetime Warranty. Updates Include: All New Electric Wiring, Service and Fixtures. All New Plumbing, Lines and Fixtures. New Low-E Windows, 30 Year Composition Roof, New Insulation, All New Sheet Rock. Freshly Painted Interior and Exterior, New Doors and Trim, New Kitchen Cabinets, New Granite Countertops, New Custom Ceramic Tile in Bathrooms, as well as Stainless Steel Appliances.

Investor Tools

Property Icon
$290,430
Estimated Property Value
$274,234Estimated Mortgage Balance
$16,196Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,743 /month
Positive
Cash Flow Estimate:
$581 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$666/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,537
$290,430
2025
$40,000
$250,430
$290,430
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,537
$290,430

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Fha
$279,837
Yes
First
Sep 12, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$274,234
$16,196
5%
94%
$1,729/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,729/mo
+$843/mo
10.6%

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.

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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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1922 Proctor Dr | Property Details | No Agent List