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$247,000

NAL Estimated Property Value

309 W Cober Dr, Grand Prairie, TX, 75051

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,271 Sq Ft
price_per_sqft$196.62 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Double Oven, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile

Exterior

Lot Size8,022 sqft

Building Information

Year Built1965
Stories1
Roof Type105
Garage Spaces2

Land Information

APN28097500200180000
Lot Number18
SubdivisionInglewood Park
Land UseResidential
Legal DescriptionINGLEWOOD PARK 3 BLK 20 LOT 18 INT20070422001 DD11212007 CO-DC 0975002001800 4CP09750020
Census Tract016204
Assessed Land Value$40,000
Assessed Improvement Value$200,620
Assessment Year2025

About this property

PRICE REDUCED !!!!Welcome home to this inviting 3-2-2 featuring two spacious living areas and a cozy fireplace, perfect for gathering and everyday living. The functional layout offers great potential to personalize and make it your own. Ideally located in Grand Prairie near shopping, dining, Epic Center, and local schools, with easy access to major highways. Sold AS-IS, this home is a wonderful opportunity for homeowners and investors alike.

Investor Tools

Property Icon
$247,000
Estimated Property Value
$39,739Estimated Mortgage Balance
$207,261Estimated Equity
83% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,499 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$554/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,416
$240,620
2025
$40,000
$200,620
$240,620
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,416
$240,620

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Unknown
$74,500
No
First
Jan 28, 2008
Feb 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$39,739
$207,261
83%
16%
$447/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$447/mo
+$1,525/mo
9.6%

City: Grand Prairie

309 W Cober Dr | Property Details | No Agent List