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$339,056

NAL Estimated Property Value

2222 Bishop St, Grand Prairie, TX, 75050

$369,624 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,560 Sq Ft
price_per_sqft$107.42 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Off-Market ListDeal ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Double Oven
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting
Lot Size10,799 sqft

Building Information

Year Built1972
Stories1
Garage Spaces2

Land Information

APN30345-12-5
Lot Number5
SubdivisionNottingham Estates
Land UseResidential
Legal DescriptionNOTTINGHAM ESTATES BLOCK 12 LOT 5
Census Tract113004
Assessed Land Value$65,000
Assessed Improvement Value$274,056
Assessment Year2025

About this property

Investor Special in Nottingham Estates! This spacious 3bd, 2ba home is a prime opportunity with excellent potential & strong resale value. Interior includes vaulted ceilings, wood-burning gas log fireplace, double ovens, skylight, walk-in closets, & built-ins. The large backyard features a gunite diving pool, stone patio, and sprinkler system and ready for a full makeover. Home needs repairs & updates throughout. Great opportunity to renovate & add value! Sold as-is.

Investor Tools

Property Icon
$339,056
Estimated Property Value
$337,037Estimated Mortgage Balance
$2,019Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$369,624
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,034 /month
Positive
Cash Flow Estimate:
$678 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$589/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,377
$339,056
2025
$65,000
$274,056
$339,056
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,377
$339,056

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lendsure Mortgage Corp
Conventional
$340,000
No
First
Nov 21, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$337,037
$2,019
0%
99%
$2,039/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,039/mo
$-67/mo
7.0%

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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2222 Bishop St | Property Details | No Agent List