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$269,080

222 Collins Dr, Irving, TX, 75060

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,169 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$226.69 / sqft
Year BuiltBuilt in 1951

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher
FlooringLaminate, Wood

Exterior

Lot Size12,096 sqft

Building Information

Year Built1951
Stories1
Roof Type105
Garage Spaces3

Land Information

APN32286500080030000
Lot Number2,2-3
SubdivisionMayflower
Land UseResidential
Legal DescriptionMAYFLOWER 1 BLK H N PT LOT 2 & ALL LOT 3 VOL2004064/3352 DD03252004 CO-DC 2865000800300 1IR28650008
Census Tract015205
Assessed Land Value$55,000
Assessed Improvement Value$214,080
Assessment Year2025

About this property

Discover the potential of this charming home located in the heart of Irving, Texas! Nestled on a spacious corner lot. Featuring a newer roof that is only 5 years old and a HVAC unit that was replaced less than a year ago, offering peace of mind for years to come. The oversized garage has abundant storage or the potential to add additional living space. This home presents a fantastic opportunity to create your dream living space. The perfect canvas for investors, DIY enthusiasts, or anyone seeking to add value to their next home. Don’t miss the chance to make this property your own. NEW ROOF, NEW WATER HEATER

Investor Tools

Property Icon
$269,080
Estimated Property Value
$96,978Estimated Mortgage Balance
$224,177Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,614 /month
Positive
Cash Flow Estimate:
$538 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$317/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,464
$269,080
2025
$55,000
$214,080
$269,080
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,464
$269,080

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Aegis Wholesale Corp
Fha
$96,978
Yes
First
Mar 25, 2004
Apr 2034

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$44,903
$224,177
83%
17%
$633/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$633/mo
+$1,339/mo
8.8%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: Irving

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222 Collins Dr | Property Details | No Agent List