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$415,000

NAL Estimated Property Value

2509 Summit Dr, Irving, TX, 75062

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,057 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$193.97 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Refrigerator, Washer, Other
FlooringAdobe, Wood

Building Information

Year Built1962
Stories1
Roof Type105
Garage Spaces4

Land Information

APN32194500040030000
SubdivisionHillcrest Park
Land UseResidential
Legal DescriptionHILLCREST PARK 1 BLK 4 LT 3 INT202300108500 DD05312023 CO-DC 1945000400300 2CI19450004
Census Tract014315
Assessment Year2025

About this property

Welcome home! This is a charming 3 bedroom 2 bathroom home in the much sought-after subdivision of Hillcrest Oaks sitting on .3 acres. Spacious open kitchen with an abundance of cabinets. Major updates have been made, newer appliances, granite countertops, travertine backsplash along with an outdoor kitchen and grill for your Texas summers. All electrical has been replaced and updated. Windows and gutters under a year old. Outside brick freshly painted with a German schmear for longevity and better insulation. Two car garage and two space carport. There is easy and quick access to major highways, shopping, schools, Toyota Music Factory, DFW and Love Field airport, and much more! Please see transaction desk for receipts on all updates done within the last year.

Investor Tools

Property Icon
$415,000
Estimated Property Value
$372,562Estimated Mortgage Balance
$42,438Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,490 /month
Positive
Cash Flow Estimate:
$830 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$750/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,926
$415,000
2025
N/A
N/A
$415,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,926
$415,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Umortgage Llc
Conventional
$394,250
No
First
May 31, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$372,562
$42,438
10%
90%
$2,364/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,364/mo
$-392/mo
5.7%

City: Irving

2509 Summit Dr | Property Details | No Agent List