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$221,000

NAL Estimated Property Value

205 NE 32nd Street, Grand Prairie, TX, 75050

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,050 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$151.33 / sqft
Year BuiltBuilt in 1951

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesMicrowave
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size8,152 sqft

Building Information

Year Built1951
Stories1
Roof Type105
Garage Spaces1

Land Information

APN28079500017150000
Lot Number715
SubdivisionHensley Park
Land UseResidential
Legal DescriptionHENSLEY PARK 1 BLK 1 LOT 715 INT202000128623 DD05192020 CO-DC 0795000171500 4CP07950001
Census Tract021200
Assessed Land Value$60,000
Assessed Improvement Value$140,450
Assessment Year2025

About this property

Wow!!!! Another great house at a great price...3 bedrooms, 2 full bathrooms. This pretty house features new waterproof flooring with lifetime residential warranty, fresh paint, new ceiling fans, remodeled master bathroom with new tile, new sink and new toilet. Brand new HVAC with a 10 year warranty, two huge outdoor custom decks to share with your family and friends. Call our listing office for an appointment and more information and how you can be the new owner of this house in just a few weeks! MATTERPORT AVAILABLE, GO TO VIRTUAL TOURS!

Investor Tools

Property Icon
$221,000
Estimated Property Value
$136,729Estimated Mortgage Balance
$84,271Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,326 /month
Positive
Cash Flow Estimate:
$442 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$468/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,512
$200,450
2025
$60,000
$140,450
$200,450
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,512
$200,450

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Bank Financial
Conventional
$154,850
No
First
May 19, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$136,729
$84,271
38%
62%
$929/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$929/mo
+$1,043/mo
10.7%

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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205 NE 32nd Street | Property Details | No Agent List