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$249,300

NAL Estimated Property Value

2002 Tompkins Dr, Grand Prairie, TX, 75051

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,104 Sq Ft
price_per_sqft$208.33 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Disposal
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size11,316 sqft

Building Information

Year Built1958
Stories1
Roof Type105
Garage Spaces1

Land Information

APN28098500130210000
Lot Number21
SubdivisionInglewood Terrace
Land UseResidential
Legal DescriptionINGLEWOOD TERRACE BLK 2/1013 LOT 21 INT202200092733 DD03302022 CO-DC 0985001302100 4CP09850013
Census Tract016204
Assessed Land Value$50,000
Assessed Improvement Value$199,300
Assessment Year2025

About this property

Move in ready, looking for a new family! Central location near shopping, schools, and entertainment. Corner lot offers 2 driveways for parking or access to the back yard. Fresh paint in and out. Waste water lines have been rerouted outside the house, and new electrical upgrades. New doors, laminate flooring and carpet. Half bath has been updated with vanity and toilet. New refrigerator and free standing range oven remain with the property. Please see receipts of upgrades in MLS documents. Listing agent is the owner. Lenders letter of approval or proof of funds is requested with all offers. Showings begin Friday, December 10.

Investor Tools

Property Icon
$249,300
Estimated Property Value
$167,524Estimated Mortgage Balance
$81,776Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,496 /month
Positive
Cash Flow Estimate:
$499 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$524/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,036
$249,300
2025
$50,000
$199,300
$249,300
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,036
$249,300

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Christian Sarah Montalvo
Assumption
$169,500
Yes
First
Sep 1, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$167,524
$81,776
32%
67%
$1,017/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,017/mo
+$955/mo
9.5%

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.

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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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2002 Tompkins Dr | Property Details | No Agent List