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$302,000

412 Elaine Dr, Irving, TX, 75060

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,210 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$249.59 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Gas Water Heater, Double Oven
FlooringCeramic Tile

Exterior

Exterior FeaturesAwning(s), Private Yard, Storage
Lot Size7,680 sqft

Building Information

Year Built1962
Stories1
Roof Type105
Garage Spaces2

Land Information

APN32586500010020000
Lot Number2
SubdivisionWest Park
Land UseResidential
Legal DescriptionWEST PARK BLK A LOT 2 VOL89075/2720 EX010689 CO-DALLAS 5865000100200 13258650001
Census Tract015305
Assessed Land Value$45,000
Assessed Improvement Value$168,560
Assessment Year2025

About this property

Step into a bright living area with plantation shutters that bring in natural light and frame the space beautifully. Just off the main living room, a separate den adds extra living space for relaxing, entertaining, or movie nights. The kitchen offers granite countertops, abundant cabinet storage, a farmhouse sink, GE Café double ovens, and a stainless dishwasher. Wood-like flooring runs through the living areas and bedrooms, creating a cohesive and easy-to-maintain living space. Plantation shutters continue throughout the bedrooms, giving the home a clean and finished look. The primary suite includes an updated bathroom with a vessel sink vanity and enclosed shower. Two additional bedrooms offer comfortable space for family or guests. The secondary bath features a freestanding clawfoot tub and updated vanity, giving the space a touch of classic character. Out back, the spacious yard offers plenty of room to enjoy outdoor living. The extended patio provides a great space for outdoor seating and gatherings, while the covered gazebo creates a shaded spot to relax. A mature shade tree adds charm to the yard, and a storage building offers practical space for tools and equipment. Located in the heart of Irving with convenient access to major highways, shopping, dining, and entertainment. Just minutes from DFW International Airport and within walking distance to Otis Brown Elementary and Lamar Middle School, offering easy access across the Metroplex. Professional photos will be uploaded by Wednesday. Showings will begin Wednesday. March 18.

Investor Tools

Property Icon
$299,000
Estimated Property Value
$49,430Estimated Mortgage Balance
$279,811Estimated Equity
83% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,812 /month
Positive
Cash Flow Estimate:
$604 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$165/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$486
$213,560
2025
$45,000
$168,560
$213,560
No

Tax History

Year
Tax Paid
Assessed Value
2025
$486
$213,560

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cu Members Mortgage
Fha
$49,430
Yes
First
Apr 20, 2004
May 2019

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$19,189
$279,811
93%
6%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
N/A
+$1,972/mo
7.9%

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.

Explore Texas Explore This Area
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: Irving

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