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$237,540

NAL Estimated Property Value

238 Baron Place, Grand Prairie, TX, 75051

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,158 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$129.53 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Cooktop, Gas Oven, Vented Exhaust Fan, Washer
FlooringCeramic Tile, Laminate

Exterior

Lot Size7,800 sqft

Building Information

Year Built1960
Stories1
Roof Type105
Garage Spaces2

Land Information

APN28098500130400000
Lot Number40
SubdivisionInglewood Terrace
Land UseResidential
Legal DescriptionINGLEWOOD TERRACE BLK 2/1013 LOT 40 INT202000058373 DD01282020 CO-DC 0985001304000 4CP09850013
Census Tract016204
Assessed Land Value$50,000
Assessed Improvement Value$187,540
Assessment Year2025

About this property

Open house Sunday 29th. 1pm- 3pm. Ready to start the year with a new home?! Move-in ready in Grand Prairie! This confortable brick house features 3 bedrooms, 1.5 bathrooms. It has a spacious kitchen and a large backyard with a covered rear 20 X 10 cement patio and additional wooden deck. Storage building with electricity and cedar wood walls with ramp on one end plus side door and porch. House located close to restaurants and entertainment. Quick access to Belt Line, I20, 161 Toll Way, and Loop 12. Won't last, schedule your showing today! Multiple offers expected. Highest & Best by Tuesday 31st at 8am.

Investor Tools

Property Icon
$237,540
Estimated Property Value
$130,029Estimated Mortgage Balance
$107,511Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,425 /month
Positive
Cash Flow Estimate:
$475 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$496/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,770
$237,540
2025
$50,000
$187,540
$237,540
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,770
$237,540

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$148,500
No
First
Jan 28, 2020
Feb 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$130,029
$107,511
45%
55%
$891/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$891/mo
+$1,081/mo
10.0%

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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238 Baron Place | Property Details | No Agent List