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$239,000

NAL Estimated Property Value

401 Sw 6th St, Grand Prairie, TX, 75051

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,167 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.76 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Refrigerator
FlooringCeramic Tile, Tile

Exterior

Lot Size7,136 sqft

Building Information

Year Built1948
Stories1
Roof Type105
Garage Spaces2

Land Information

APN28133500020010000
Lot Number1
SubdivisionMary Lee
Land UseResidential
Legal DescriptionMARY LEE BLK B LT 1 INT202500040144 DD01282025 CO-DC 1335000200100 4CP13350002
Census Tract016001
Assessed Land Value$45,000
Assessed Improvement Value$166,000
Assessment Year2025

About this property

Welcome to this beautifully renovated home in Grand Prairie! This property has undergone an extensive transformation and is now ready for its new tenants. Updates include a new sprinkler system, brand-new appliances, new windows & blinds, new fixtures & flooring throughout. The kitchen boasts SS appliances, updated cabinetry, & granite countertops, making it a chef's dream. The primary bedroom offers an ensuite bathroom with granite countertops, an updated vanity, & a stand-alone shower with beautifully updated tile. With a good-sized closet, this bedroom provides a comfortable retreat. One of the secondary bedrooms features built-ins & a walk-in closet, while the third bedroom offers the flexibility to be used as a study or versatile flex space. Step outside & discover the expansive backyard, perfect for outdoor activities & entertaining. This home represents the perfect blend of modern updates and functional living spaces, creating an ideal environment for its new tenants to enjoy.

Investor Tools

Property Icon
$239,000
Estimated Property Value
$0Estimated Mortgage Balance
$239,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,434 /month
Positive
Cash Flow Estimate:
$478 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$495/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,749
$211,000
2025
$45,000
$166,000
$211,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,749
$211,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$239,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
N/A
+$1,972/mo
9.9%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Grand Prairie

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401 Sw 6th St | Property Details | No Agent List