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$303,000

NAL Estimated Property Value

2946 Reforma Dr, Grand Prairie, TX, 75052

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,556 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$147.17 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Tankless Water Heater
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters
Lot Size7,236 sqft

Building Information

Year Built1972
Stories1
Roof Type105
Garage Spaces1

Land Information

APN28230500120020000
Lot Number2
SubdivisionVista Grande
Land UseResidential
Legal DescriptionVISTA GRANDE ESTATES 2 REV BLK L LOT 2 INT202000293792 DD10202020 CO-DC 2305001200200 4CP23050012
Census Tract016407
Assessed Land Value$50,000
Assessed Improvement Value$246,210
Assessment Year2025

About this property

Charming one story home priced to sell. This property has been completely remodeled from the floor up. Over sized kitchen with large island featuring new cabinetry, quartz countertops, and stainless steel appliances overlooking the Family Room. Recessed lighting gives this home plenty of light. Baseboards and crown molding throughout home. New items include but are not limited to: AC unit, tankless water heater, windows, sliding glass door, ceiling fans, all flooring, tile showers & vanities, fresh interior & exterior paint, and gutters. This elegant home also features a 7'x14' covered patio in the front yard. No corners cut! Schedule a showing before it's gone!

Investor Tools

Property Icon
$303,000
Estimated Property Value
$194,063Estimated Mortgage Balance
$108,937Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,818 /month
Positive
Cash Flow Estimate:
$606 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$682/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,667
$296,210
2025
$50,000
$246,210
$296,210
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,667
$296,210

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Houston Home Loan Inc
Conventional
$217,550
No
First
Oct 20, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$194,063
$108,937
35%
64%
$1,305/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$1,305/mo
+$815/mo
8.4%

City: Grand Prairie

2946 Reforma Dr | Property Details | No Agent List