$346,000
NAL Estimated Property Value416 Hopewell St, Grand Prairie, TX, 75052
Off Market
Property Lead Type:
BankruptcyOff-Market ListAbsentee Owner
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile
Exterior
Lot Size8,306 sqft
Building Information
Year Built1985
Stories1
Roof Type105
Garage Spaces1
Land Information
APN28243010060100000
Lot Number10
SubdivisionWestchester 1-A
Land UseResidential
Legal DescriptionWESTCHESTER 1-A BLK 6 LOT 10 INT202400027380 DD01232024 CO-DC 2430100601000 4CP24301006
Census Tract016415
Assessed Land Value$55,000
Assessed Improvement Value$288,950
Assessment Year2025
About this property
Discover this ideally located South Grand Prairie home boasting a serene cul-de-sac setting. Revel in its four bedrooms, two living spaces, and two baths. Experience the seamless flow of the open-concept kitchen and family room, providing direct access to the inviting patio and pool. Embrace ample natural light streaming through numerous windows adorned with blinds for added privacy.
Investor Tools
$346,000
Estimated Property Value
$297,001Estimated Mortgage Balance
$48,999Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,076 /month
Positive
Cash Flow Estimate:
$692 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$789/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,742
$343,950
2025
$55,000
$288,950
$343,950
No
Tax History
Year
Tax Paid
Assessed Value
2024
$7,742
$343,950
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$304,000
No
First
Jan 23, 2024
Mar 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$297,001
$48,999
14%
86%
$1,860/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,720/mo
$1,860/mo
+$860/mo
9.4%
