$2,450
2207 Terrell Dr, Grand Prairie, TX, 75052
On Market
Property Lead Type:
BankruptcyAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Oven
Exterior
Lot Size5,701 sqft
Building Information
Year Built2003
Stories1
Roof Type105
Garage Spaces2
Land Information
APN28120700110870000
Lot Number87
SubdivisionLake Parks Ph 2a
Land UseResidential
Legal DescriptionLAKE PARKS PH 2A BLK 11 LOT 87 INT201500306640 DD11132015 CO-DC 1207001108700 4CP12070011
Census Tract016416
Assessed Land Value$65,000
Assessed Improvement Value$246,460
Assessment Year2025
Investor Tools
$120,543Estimated Mortgage Balance
$233,717Estimated Equity
65% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,124 /month
Positive
Cash Flow Estimate:
$708 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$732/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,010
$311,460
2025
$65,000
$246,460
$311,460
No
Tax History
Year
Tax Paid
Assessed Value
2024
$7,010
$311,460
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Resource One Cu
Commercial
$138,550
No
First
Oct 21, 2019
Oct 2034
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$120,543
$232,457
65%
34%
$831/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,720/mo
$831/mo
+$1,889/mo
9.2%
