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$281,000

NAL Estimated Property Value

413 North Street, Grand Prairie, TX, 75050

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,450 Sq Ft
DuplexDuplex
price_per_sqft$175.86 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesOther

Exterior

Lot Size9,999 sqft

Building Information

Year Built1981
Stories1
Roof Type105

Land Information

APN28218500040170000
Lot Number17
SubdivisionWm H Thomas 1st
Land UseResidential
Legal DescriptionWM H THOMAS 1ST BLK D LT 17 INT202100245082 DD08162021 CO-DC 2185000401700 4CP21850004
Census Tract015500
Assessed Land Value$30,000
Assessed Improvement Value$163,190
Assessment Year2025

About this property

GREAT investment opportunity in Grand Prairie with 2 full duplexes side-by-side with good paying occupants in each unit. Each unit is about 725 ft. with 2 bedrooms 1 bathroom per unit with plenty of community parking. Inside there is washer-dryer hookup, but tenants bring their own W-D. Kitchen has oven, dishwasher, refrigerator landlord-owned. Outside offers large shade tree lots with grass & fences. Quiet area of town near schools & community amenities. Nearby businesses are professional & limited business hours make for a peaceful investment area. FULL DUPLEX being SOLD TOGETHER with MLS 14605828 which is a 2nd FULL DUPLEX. Owner wants to SELL ALL 4 total units TOGETHER. So TWO FULL DUPLEXES- one sale.

Investor Tools

Property Icon
$281,000
Estimated Property Value
$170,573Estimated Mortgage Balance
$110,427Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,686 /month
Positive
Cash Flow Estimate:
$562 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$479/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,348
$193,190
2025
$30,000
$163,190
$193,190
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,348
$193,190

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Unknown
$187,500
No
First
Aug 16, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$170,573
$110,427
39%
61%
$1,125/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,125/mo
+$1,447/mo
11.0%

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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