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$220,000

NAL Estimated Property Value

417 Wallace Drive, Crowley, TX, 76036

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,222 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$179.62 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Range, Gas Water Heater
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size7,806 sqft

Building Information

Year Built1971
Stories1
Garage Spaces2

Land Information

APN8990-7-11
Lot Number11
SubdivisionCrowley Park South Addition
Land UseResidential
Legal DescriptionCROWLEY PARK SOUTH ADDITION BLOCK 7 LOT 11
Census Tract111015
Assessed Land Value$42,955
Assessed Improvement Value$85,576
Assessment Year2025

About this property

Nice 3-bedroom, 2-bath, 2-car garage home in a conveniently located neighborhood in Crowley. Enjoy a spacious fenced backyard with a large covered patio and storage shed—perfect for relaxing or entertaining. Easy access to shopping, I-35, and the tollway makes commuting a breeze. This well-maintained home offers peace of mind with several major updates already completed. In 2023, the roof was replaced, the foundation was professionally evaluated and confirmed to be in good condition, and a new water heater was installed. In 2024, the HVAC system was fully replaced and new attic insulation was added, helping improve comfort and energy efficiency. With the big-ticket items already taken care of, this home is priced to allow the next owner to make it their own. The kitchen and bathrooms are ready for your personal touch—an excellent opportunity to update and add value over time. A solid home with great potential—perfect for first-time buyers, investors, or anyone looking to build equity.

Investor Tools

Property Icon
$220,000
Estimated Property Value
$0Estimated Mortgage Balance
$220,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,320 /month
Positive
Cash Flow Estimate:
$440 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$344/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,028
$128,531
2025
$42,955
$85,576
$128,531
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,028
$128,531

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$220,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,210/mo
N/A
+$2,210/mo
12.1%

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: Crowley

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417 Wallace Drive | Property Details | No Agent List