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$352,000

NAL Estimated Property Value

202 E Fairmeadows Dr, Duncanville, TX, 75116

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,082 Sq Ft
price_per_sqft$129.68 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesSome Gas Appliances, Dishwasher, Electric Oven, Disposal, Microwave, Plumbed For Gas
FlooringCeramic Tile, Wood

Exterior

Lot Size7,518 sqft

Building Information

Year Built1961
Stories1
Roof Type105
Garage Spaces1

Land Information

APN22038500030420000
Lot Number42
SubdivisionFairmeadows
Land UseResidential
Legal DescriptionFAIRMEADOWS 2 BLK C LOT 42 INT202300100406 DD05192023 CO-DC 0385000304200 4CV03850003
Census Tract016536
Assessed Land Value$50,000
Assessed Improvement Value$302,000
Assessment Year2025

About this property

This lovely home is located directly in front of Fairmeadows Elementary School. This home features 4 bedrooms and 2 baths and a bonus storage room. Walk-In shower in Primary Bedroom! The freestanding fireplace gives this home some serious character! Granite countertops in the kitchen. Huge utility room. Home has assumable leased solar panels pulling over 15,000 KWH per year offsetting your electric bills and saving you money!!! Home also has solar screens on all windows. Plenty of room to entertain the the backyard with a covered patio! This home is ready for a growing family! Don't miss out!

Investor Tools

Property Icon
$352,000
Estimated Property Value
$230,766Estimated Mortgage Balance
$121,234Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,112 /month
Positive
Cash Flow Estimate:
$704 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$716/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,833
$352,000
2025
$50,000
$302,000
$352,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,833
$352,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Fha
$244,200
Yes
First
May 19, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$230,766
$121,234
34%
66%
$1,465/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,465/mo
+$1,107/mo
8.8%

City: Duncanville

202 E Fairmeadows Dr | Property Details | No Agent List