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$315,000

NAL Estimated Property Value

2126 Wellington Dr, Grand Prairie, TX, 75051

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,864 Sq Ft
price_per_sqft$139.48 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven
FlooringCarpet, Tile

Exterior

Lot Size9,600 sqft

Building Information

Year Built1974
Stories1
Roof Type105
Garage Spaces2

Land Information

APN28165500010070000
Lot Number7
SubdivisionNew Castle
Land UseResidential
Legal DescriptionNEW CASTLE 2 BLK A LT 7 INT202300093675 DD05112023 CO-DC 1655000100700 4CP16550001
Census Tract016100
Assessed Land Value$60,000
Assessed Improvement Value$214,370
Assessment Year2025

About this property

INVESTOR SPECIAL! Are you looking to add to your portfolio? Or are you looking to get your first property? Whether your goal is to buy and hold or fix and flip, this may be the opportunity you have been looking for. This home is FULL of potential, great layout and overall flow. To reach its maximum potential this home will need a cosmetic update and the exterior wood will need to be replaced due to rotting. Due to the rotting, this home will not go VA or FHA. High rental comps are supported for the area. A 13-month warranty is available on this home through Home Warranty of America. Close to restaurants and shopping centers.

Investor Tools

Property Icon
$315,000
Estimated Property Value
$0Estimated Mortgage Balance
$315,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,890 /month
Positive
Cash Flow Estimate:
$630 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$646/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,176
$274,370
2025
$60,000
$214,370
$274,370
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,176
$274,370

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$315,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
N/A
+$1,972/mo
7.5%

City: Grand Prairie

2126 Wellington Dr | Property Details | No Agent List