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$264,550

NAL Estimated Property Value

2644 Encina 2, Irving, TX, 75038

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,430 Sq Ft
price_per_sqft$139.86 / sqft
Year BuiltBuilt in 1984

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, Dryer, Electric Range, Plumbed For Ice Maker, Refrigerator, Washer, Electric Water Heater
FlooringCarpet, Ceramic Tile

Exterior

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

Building Information

Year Built1984
Stories2
Roof Type104
Garage Spaces1

Land Information

APN3225759000DW00002
SubdivisionLas Brisas Hills Condominiums
Land UseResidential
Legal DescriptionLAS BRISAS HILLS CONDOMINIUMS LAS BRISAS 2ND REV AMND AC25.7804 BLDG DW UNIT 2 CE .3814% INT202100358996 DD11302021 CO-DC
Census Tract014310
Assessed Land Value$51,300
Assessed Improvement Value$213,250
Assessment Year2025

About this property

It's finally here... HUGE corner-condo with private yard, garage & almost everything included!! Featuring multiple spacious living areas to entertain, chill, or set up WFH office! New HVAC downstairs, so cool is the name of the game!! Oversized eat-in kitchen & laundry space includes all appliances for next loving owner. Upstairs- pick your private retreat btwn 2 bdrm suites w-private baths! Privacy park in your own garage! Finally, peace of mind comes knowing that you'll live in a gated community, close to hwys, where your HOA dues include: Water, Sewer, Trash, Hi-Speed Internet & Cable, Pest Control, Alarm Monitoring, Roof & Foundation, & a seasoned, smiling on-site manager to answer all your questions!

Investor Tools

Property Icon
$264,550
Estimated Property Value
$5,164Estimated Mortgage Balance
$259,386Estimated Equity
98% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,587 /month
Positive
Cash Flow Estimate:
$529 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$377/month
$438/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,198
$264,550
2025
$51,300
$213,250
$264,550
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,198
$264,550

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Executive Home Mtg Company Ltd
Fha
$79,200
Yes
First
Jul 21, 1997
Aug 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$5,164
$259,386
98%
2%
$475/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,660/mo
$913/mo
+$747/mo
7.5%

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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