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$249,999

2812 Fairbrook St, Irving, TX, 75062

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,442 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$173.37 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Range, Gas Water Heater, Refrigerator, Washer
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesStorage

Building Information

Year Built1962
Stories1
Roof Type105
Garage Spaces2

Land Information

APN32304500020060000
SubdivisionMeadowbrook Estates 11th
Land UseResidential
Legal DescriptionMEADOWBROOK ESTATES 11TH INST BLK B LOT 6 INT202300065903 DD04052023 CO-DC 3045000200600 2CI30450002
Census Tract014316
Assessment Year2025

About this property

PROPERTY IS OCCUPIED. DO NOT WALK ONTO PROPERTY WITHOUT AN APPROVED AUTHORIZATION WITH AN AGENT. Perfect investment home ready to flip or starter home ready to be loved on to call home! Large backyard that is nearly 100% landscaped between turf, rocked edging, a deck and a concrete patio! This place has all the right bones you are looking for with 3 bedrooms, 2 bathrooms, two living rooms, a dining room and a converted BONUS room that is permitted in one of the garage spaces. Perfect for a workspace, workout room, playroom or game room. The location here is excellent with only being 15 minutes to DFW Airport, 15 minutes to Dallas, TX and 30 minutes to Fort Worth, TX. This property is being SOLD AS-IS and seller will be making NO REPAIRS. It needs foundation repairs ($5,500), new flooring ($4,400) and a new AC unit ($10,000). We have the engineer's report, flooring estimate and the HVAC unit cost. Please see the transaction desk. All of this has been considered into the asking price.

Investor Tools

Property Icon
$299,800
Estimated Property Value
$188,000Estimated Mortgage Balance
$122,447Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,799 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$560/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,222
$299,800
2025
N/A
N/A
$299,800
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,222
$299,800

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of The West
Commercial
$188,000
No
First
Apr 5, 2023
Apr 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$177,353
$122,447
40%
59%
$1,128/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,128/mo
+$844/mo
7.9%

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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2812 Fairbrook St | Property Details | No Agent List