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$233,000

NAL Estimated Property Value

309 E Cober Drive, Grand Prairie, TX, 75051

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,275 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$94.9 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesPlumbed For Ice Maker
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size6,215 sqft

Building Information

Year Built1960
Stories1
Roof Type105

Land Information

APN28210501070030000
Lot Number3
SubdivisionSouth Manor
Land UseResidential
Legal DescriptionSOUTH MANOR BLK 1107 LOT 3 INT202100278814 DD09142021 CO-DC 2105010700300 4CP21050107
Census Tract016204
Assessed Land Value$50,000
Assessed Improvement Value$165,970
Assessment Year2025

About this property

Traditional 1 story, 3 bed, 1 bath home. Features fresh interior paint, new window blinds and HUGE fenced backyard great for entertaining. Just a 5 minute drive to Prairie Lakes Golf Course, centrally located between Dallas and Fort Worth. Welcome to your new home!

Investor Tools

Property Icon
$233,000
Estimated Property Value
$98,170Estimated Mortgage Balance
$134,830Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,398 /month
Positive
Cash Flow Estimate:
$466 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$380/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,395
$215,970
2025
$50,000
$165,970
$215,970
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,395
$215,970

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank
Conventional
$107,300
No
First
Nov 8, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$98,170
$134,830
57%
42%
$644/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$644/mo
+$1,328/mo
10.2%

City: Grand Prairie

309 E Cober Drive | Property Details | No Agent List