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$469,810

NAL Estimated Property Value

230 3rd St, Wilmer, TX, 75172

Off MarketInfo
Beds5 Beds
Baths2 Bath
Baths2,227 Sq Ft
price_per_sqft$172.88 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal

Exterior

Lot Size8,525 sqft

Building Information

Year Built2022
Stories1
Roof Type105
Garage Spaces2

Land Information

APN54005500020020100
Lot Number1-2
SubdivisionJ W Johnsons
Land UseResidential
Legal DescriptionJ W JOHNSONS BLK 2 PT LTS 1 & 2 INT202100380649 DD12172021 CO-DC 0055000200201 4CT00550002
Census Tract016903
Assessed Land Value$60,000
Assessed Improvement Value$409,810
Assessment Year2025

About this property

Excellent property in Dallas County, built in 2022. Over 2200 sf, 5 bedroom, 2 bath, 2 car garage, open floor plan with custom made kitchen. In a quiet, peaceful small town. Only about 20 minutes from downtown Dallas on I-45. This is a great value. Beautiful covered porch in the backyard for BBQs and outside entertainment.

Investor Tools

Property Icon
$469,810
Estimated Property Value
$248,614Estimated Mortgage Balance
$221,196Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,819 /month
Positive
Cash Flow Estimate:
$940 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$793/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,163
$469,810
2025
$60,000
$409,810
$469,810
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,163
$469,810

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Town Square Mortgage & Investments Inc
Conventional
$260,000
No
First
Dec 22, 2023
Jan 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$248,614
$221,196
47%
53%
$1,559/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,559/mo
+$413/mo
5.0%

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: Wilmer

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230 3rd St | Property Details | No Agent List