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$240,000

505 Roberts Ave, Irving, TX, 75060

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths933 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$257.23 / sqft
Year BuiltBuilt in 1952

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Gas Cooktop

Exterior

Lot Size6,050 sqft

Building Information

Year Built1952
Stories1
Roof Type105

Land Information

APN32443500000020000
Lot Number2
SubdivisionRoberts
Land UseResidential
Legal DescriptionROBERTS 3 LOT 2 INT202400257807 DD12132024 CO-DC 4435000000200 2CI44350000
Census Tract015206
Assessed Land Value$55,000
Assessed Improvement Value$184,950
Assessment Year2025

About this property

Darling 2 bedroom home nestled in Irving, TX with convenient access to DFW Airport, retail, restaurants and both surrounding major cities. The highlight of this home is the chef's kitchen, custom cabinetry and beautiful granite countertops. The kitchen offers an eating area, large island, and ample cabinet space, it's ready for dreaming up your next home cooked meal! The backyard is adorned with privacy and peace, mature trees, tall fencing and a perfect covered patio. Tankless water heater, backyard shed, curb appeal and charm! Enjoy all Irving has to offer with over 2,000 acres of parks, hiking and biking trails, boating and canoeing spots, and much more.

Investor Tools

Property Icon
$245,000
Estimated Property Value
$0Estimated Mortgage Balance
$245,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,470 /month
Positive
Cash Flow Estimate:
$490 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$387/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,418
$239,950
2025
$55,000
$184,950
$239,950
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,418
$239,950

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$245,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
N/A
+$1,565/mo
7.7%

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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505 Roberts Ave | Property Details | No Agent List