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$191,000

NAL Estimated Property Value

25 W Mountain Lane, Grand Prairie, TX, 75052

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,074 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$102.42 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Vented Exhaust Fan
FlooringCarpet, Vinyl

Exterior

Lot Size1,356 sqft

Building Information

Year Built1971
Stories2
Roof Type105
Garage Spaces2

Land Information

APN28153500392000000
Lot Number200
SubdivisionMountain Creek Townhouses
Land UseResidential
Legal DescriptionMOUNTAIN CREEK TOWNHOUSES SITE 39 LT 200 INT202000364291 DD12232020 CO-DC 1535003920000 4CP15350039
Census Tract016421
Assessed Land Value$40,000
Assessed Improvement Value$110,870
Assessment Year2025

About this property

RARE gem at this price, ARE YOU KIDDING?? 2 massive bedrooms plus 1.5 baths! Cozy unit perfectly tucked away on the edge of the neighborhood with a wonderful floor plan including a secluded patio area from the back door which leads directly to your 2 covered parking spots. Breathtaking views make this home one of the most coveted spots in all of Mountain Creek!! This AS IS blank canvas allows you to dream big and is priced so you can add all of your personal touches!! McLemoreTeam.com for more info

Investor Tools

Property Icon
$191,000
Estimated Property Value
$103,769Estimated Mortgage Balance
$87,231Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,146 /month
Positive
Cash Flow Estimate:
$382 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$396/month
$187/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,792
$150,870
2025
$40,000
$110,870
$150,870
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,792
$150,870

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Fha
$115,862
Yes
First
Dec 23, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$103,769
$87,231
45%
54%
$695/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,650/mo
$882/mo
+$768/mo
10.4%

City: Grand Prairie

25 W Mountain Lane | Property Details | No Agent List