$366,000
NAL Estimated Property Value2205 Driskell Drive, Corinth, TX, 76210
Off Market
Property Lead Type:
Off-Market ListHigh EquityMove-In Ready
Highlights
Interior
AppliancesDishwasher, Disposal, Microwave
FlooringCarpet, Vinyl
Exterior
Exterior FeaturesRain Gutters
Lot Size8,747 sqft
Building Information
Year Built1996
Stories1
Roof Type105
Garage Spaces1
Land Information
APNR175562
Lot Number6
SubdivisionFairview West Ph 5
Land UseResidential
Legal DescriptionFAIRVIEW WEST PH 5 BLK 17 LOT 6
Census Tract021421
Assessed Land Value$87,045
Assessed Improvement Value$268,853
Assessment Year2025
About this property
Beautifully updated 4-2-2 on a corner lot with new granite counter tops, new stainless appliances, new paint and new flooring throughout. Property may not be eligible for FHA financing until after 2-16-19.
Investor Tools
$366,000
Estimated Property Value
$229,932Estimated Mortgage Balance
$136,068Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,196 /month
Positive
Cash Flow Estimate:
$732 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$758/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,269
$355,898
2025
$87,045
$268,853
$355,898
No
Tax History
Year
Tax Paid
Assessed Value
2024
$7,269
$355,898
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$245,373
Yes
First
Mar 20, 2019
Apr 2049
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$229,932
$136,068
37%
63%
$1,597/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,390/mo
$1,597/mo
+$793/mo
7.8%
