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$211,000

NAL Estimated Property Value

317 Summers St, Wilmer, TX, 75172

$225,689 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,720 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$116.28 / sqft
Year BuiltBuilt in 1951

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating Floor/WallHeating Floor/Wall
CoolingCooling
AppliancesNone
FlooringNone

Exterior

Lot Size1.68 acres

Building Information

Year Built1951
Stories1
Roof Type105

Land Information

APN54000500000020000
SubdivisionOrig Town Wilmer
Land UseResidential
Legal DescriptionORIG TOWN WILMER ACS 1.677 INT202400262782 DD12272024 CO-DC 0005000000200 4CT00050000
Census Tract016903
Assessed Land Value$120,000
Assessed Improvement Value$30,850
Assessment Year2025

About this property

Unlock the potential of this property located in Wilmer, offering 1.6 acres of opportunity. This home is a blank canvas for your imagination, ready to be transformed into your dream space. Conveniently located near I-45, this property provides easy access to Dallas, making it a prime location for those looking to invest or create a personal oasis. With plenty of land to work with and endless possibilities, this property is a hidden gem waiting to be discovered.

Investor Tools

Property Icon
$211,000
Estimated Property Value
$53,934Estimated Mortgage Balance
$157,066Estimated Equity
74% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$225,689
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,266 /month
Positive
Cash Flow Estimate:
$422 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$337/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,984
$150,850
2025
$120,000
$30,850
$150,850
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,984
$150,850

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Edith Ann Korgan
Unknown
$66,000
No
First
Jul 5, 2017
Jul 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$53,934
$157,066
74%
26%
$396/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$396/mo
+$1,576/mo
11.2%

City: Wilmer

317 Summers St | Property Details | No Agent List