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$261,050

NAL Estimated Property Value

2503 Tierra 1, Irving, TX, 75038

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,135 Sq Ft
price_per_sqft$180.62 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Microwave, Plumbed For Ice Maker, Warming Drawer, Electric Water Heater
FlooringCarpet, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting
Lot Size25.76 acres

Building Information

Year Built1981
Stories2
Roof Type104

Land Information

APN3225759000AB00001
SubdivisionLas Brisas Hills Condominiums
Land UseResidential
Legal DescriptionLAS BRISAS HILLS CONDOMINIUMS LAS BRISAS 2ND REV AMND AC25.7804 BLDG AB UNIT 1 & CE .3027% INT202100276605 DD09132021 CO-DC
Census Tract014310
Assessed Land Value$40,800
Assessed Improvement Value$220,250
Assessment Year2025

About this property

You're the FIRST..You're the LAST...MY EVERYTHING!! Barry White must have seen this condo- With updated flooring downstairs, new granite & appliances, you'll walk into the DREAM! Living, working, and entertaining don't stop at the neutral-walls, you'll enjoy both your privately fenced yard & neighbor stomping grounds surrounding this home. After the fun takes it bow, you & family-friends-guests can make their way upstairs to the separate living quarters with walk-in closets & private, full-ensuite bathrooms! With an on-site HOA mgr just a 10 step walk away, you'll never have to worry about - water, sewer, trash, HSIA, extended cable, exterior maintenance, roof & foundation repairs, pest control & alarm!

Investor Tools

Property Icon
$261,050
Estimated Property Value
$186,655Estimated Mortgage Balance
$74,395Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,566 /month
Positive
Cash Flow Estimate:
$522 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$373/month
$352/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,165
$261,050
2025
$40,800
$220,250
$261,050
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,165
$261,050

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mid-American Mortgage Inc
Fha
$196,377
Yes
First
Sep 13, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$186,655
$74,395
28%
72%
$1,229/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,660/mo
$1,581/mo
+$79/mo
7.6%

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: Irving

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