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$200,000

NAL Estimated Property Value

3072 Orchid Ln, Grand Prairie, TX, 75104

Off MarketInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size1.02 acres

Land Information

APN281209200L2450000
Lot Number2450
SubdivisionLake Ridge Sec
Land UseResidential
Legal DescriptionLAKE RIDGE SEC 19 BLK L LT 2450 IN202300035452 DD02212023 CO-DC 1209200L24500 4CP1209200L
Census Tract016525
Assessed Land Value$200,000
Assessment Year2025

About this property

THAT VIEW!!! BUILD YOUR DREAM HOME on this beautiful one-acre lot in Cedar Hill's luxury Lake Ridge community. This heavily treed lot is wide & suited nicely for a single story ranch- or farmhouse-style home or a wide 2-story design & will still leave you ample breathing room. Gorgeous views from the back & side overlooking the natural Cedar Hill landscape. Ride your golf cart to Tangle Ridge Golf Club, get your exercise in at Valley Ridge Sports Park, or enjoy boating on Joe Pool Lake. All are just minutes away. Lake Ridge is situated away from the busyness of the city, yet conveniences are just minutes away in Cedar Hill & Mansfield. With easy access to 67, Dallas is only 30 minutes away. Make it home today!

Investor Tools

Property Icon
$200,000
Estimated Property Value
$84,139Estimated Mortgage Balance
$115,861Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,200 /month
Positive
Cash Flow Estimate:
$400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$402/month
$375/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,830
$200,000
2025
$200,000
N/A
$200,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,830
$200,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Scf Jake Lp
Stand Alone Second / Subordinate Position
$89,500
No
First
Feb 21, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$84,139
$115,861
57%
42%
$537/mo

City: Grand Prairie

3072 Orchid Ln | Property Details | No Agent List