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$193,000

NAL Estimated Property Value

327 NE 12th Street, Grand Prairie, TX, 75050

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths600 Sq Ft
price_per_sqft$666.67 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range
FlooringCeramic Tile, Laminate

Exterior

Lot Size18,920 sqft

Building Information

Year Built2006
Stories1
Roof Type112
Garage Spaces5

Land Information

APN28205500010050000
Lot Number5
SubdivisionNeva Shanks
Land UseResidential
Legal DescriptionNEVA SHANKS BLK A LT 5 INT202200274780 DD10192022 CO-DC 2055000100500 4CP20550001
Census Tract015600
Assessed Land Value$90,000
Assessed Improvement Value$43,080
Assessment Year2025

About this property

THE SELL OF THIS PROPERTY WOULD ONLY BE IF THE BUYER PURCHASES THE ONE NEXT DOOR, ALL FOR 650,000, listing number 20052410. Looking for a large piece of land with a private 10ft tall fence, this is the perfect place for you!! The value of this property is mostly on the land. Featuring an apartment built in 2020 with 600 sqft. one bed, one bath, one kitchen, and one living. The apartment is currently rented for 900. It also includes a large metal shop 30x40, and a large covered patio 60x23 that can be used as a parking place or also to celebrate gatherings and fun. The duplex is right outside of the electric gate and each side is rented for 900. All the tenants have been living there for a few years and are month to month and they are willing to stay if needed.

Investor Tools

Property Icon
$193,000
Estimated Property Value
$0Estimated Mortgage Balance
$193,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,400 /month
Positive
Cash Flow Estimate:
$800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$330/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,995
$133,080
2025
$90,000
$43,080
$133,080
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,995
$133,080

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$193,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,326/mo
N/A
+$1,326/mo
8.2%

City: Grand Prairie

327 NE 12th Street | Property Details | No Agent List