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$370,620

NAL Estimated Property Value

1927 Colony Dr, Irving, TX, 75061

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,468 Sq Ft
price_per_sqft$231.61 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Oven, Gas Range, Gas Water Heater, Vented Exhaust Fan, Other
FlooringCeramic Tile, Concrete, Tile, Other, Vinyl

Exterior

Lot Size7,345 sqft

Building Information

Year Built1954
Stories1
Roof Type105
Garage Spaces2

Land Information

APN32407500230060000
Lot Number6
SubdivisionPlymouth Park
Land UseResidential
Legal DescriptionPLYMOUTH PARK 4 LOT 6 BL 23 1927 COLONY DR INT202200128325 DD05062022 CO-DC 4075002300600 2CI40750023
Census Tract014501
Assessed Land Value$60,000
Assessed Improvement Value$310,620
Assessment Year2025

About this property

Listed on 03-26-2022. Multiple offers, Deadline to submit offer by 04-04-2022. Fully-Renovated home approved by the City of Irving Code Enforcement Department. This is not an HGTv home, this is reality. The home has an open floor concept with a functional floor plan. The house was taken down to the studs and a large amount of items got replaced throughout the renovation process of the home. The kitchen was designed with black and gold fixtures to include a design backsplash tile to make a kitchen statement. The custom cabinets include a wine rack, mudroom cabinet area and decent size storage space for your kitchen equipment. The large quartz countertop island was designed with enough sitting space to entertain your guests and for your daily kitchen activities. The choice of paint for the interior is a modern gray, which allows a natural flow of light exposure throughout the house. If you're in the search for a home close to new construction, don't miss out on this great opportunity.

Investor Tools

Property Icon
$370,620
Estimated Property Value
$331,245Estimated Mortgage Balance
$39,375Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,224 /month
Positive
Cash Flow Estimate:
$741 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$661/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,076
$370,620
2025
$60,000
$310,620
$370,620
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,076
$370,620

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$358,050
Yes
First
May 6, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$331,245
$39,375
10%
89%
$2,147/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,147/mo
$-175/mo
6.4%

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: Irving

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1927 Colony Dr | Property Details | No Agent List