$212,580
NAL Estimated Property Value2603 Santa Barbara Dr, Grand Prairie, TX, 75052
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater
FlooringCarpet, Vinyl
Exterior
Lot Size6,473 sqft
Building Information
Year Built1982
Stories1
Roof Type105
Garage Spaces1
Land Information
APN28224500020010000
Lot Number1
SubdivisionTwo Worlds Rev
Land UseResidential
Legal DescriptionTWO WORLDS REV BLK B LT 1 INT202300072601 DD04122023 CO-DC 2245000200100 4CP22450002
Census Tract016407
Assessed Land Value$45,000
Assessed Improvement Value$167,580
Assessment Year2025
About this property
This home boasts 3 bedrooms, 1.5 baths, spacious rooms, luxury vinyl planking, and an open floor plan. The kitchen features black appliances and ample cabinetry for storage. The property may be a half duplex, but it is on large lot and includes a shaded backyard and covered patio. This home is close to schools, parks, shopping, dining, business, and entertainment. Home is sold as-is, where-is. Seller will do no repairs.
Investor Tools
$212,580
Estimated Property Value
$140,487Estimated Mortgage Balance
$72,093Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,275 /month
Positive
Cash Flow Estimate:
$425 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$487/month
$66/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,785
$212,580
2025
$45,000
$167,580
$212,580
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,785
$212,580
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Conventional
$146,000
No
First
Apr 12, 2023
May 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$140,487
$72,093
33%
66%
$894/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$960/mo
+$1,160/mo
12.0%
