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$199,000

NAL Estimated Property Value

234 Stephens Parkway, Grand Prairie, TX, 75051

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths800 Sq Ft
price_per_sqft$250 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave
FlooringCarpet, Laminate

Exterior

Lot Size6,480 sqft

Building Information

Year Built1950
Stories1
Roof Type105
Garage Spaces2

Land Information

APN28069500030070000
Lot Number7
SubdivisionGarnet Terrace
Land UseResidential
Legal DescriptionGARNET TERRACE BLK C LT 7 INT202300182621 DD09082023 CO-DC 0695000300700 4CP06950003
Census Tract015900
Assessed Land Value$45,000
Assessed Improvement Value$154,000
Assessment Year2025

About this property

Newly remodeled home just earlier this year. This home has 2 bedrooms, 1 bathroom, and features a ton of new updates throughout! New lighting fixtures, leading into the fully renovated and open kitchen equipped with all new appliances. Both rooms are spacious. Bathroom has been completely renovated. New laminate flooring throughout. Looking for a new home owner or investor looking for a good rental.

Investor Tools

Property Icon
$199,000
Estimated Property Value
$186,839Estimated Mortgage Balance
$12,161Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,200 /month
Positive
Cash Flow Estimate:
$400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$336/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,032
$199,000
2025
$45,000
$154,000
$199,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,032
$199,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Horizon Bank
Fha
$196,376
Yes
First
Sep 8, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$186,839
$12,161
6%
94%
$1,178/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$1,178/mo
+$387/mo
9.4%

City: Grand Prairie

234 Stephens Parkway | Property Details | No Agent List