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$218,000

NAL Estimated Property Value

507 Hensley Drive, Grand Prairie, TX, 75050

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,032 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$140.5 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range
FlooringCeramic Tile, Laminate

Exterior

Lot Size10,413 sqft

Building Information

Year Built1950
Stories1
Roof Type105

Land Information

APN28081500010040000
Lot Number4
SubdivisionHensley Park
Land UseResidential
Legal DescriptionHENSLEY PARK 3 BLK A LT 4 INT201900197189 DD07292019 CO-DC 0815000100400 4CP08150001
Census Tract021200
Assessed Land Value$60,000
Assessed Improvement Value$150,300
Assessment Year2025

About this property

Nicely done 3 bedroom home. New Roof, New HVAC, New Electrical Wiring, Fresh Paint, New cabinets, Granite Counter tops, 14mm Laminate throughout. Great starter home. Nearby Parks and easy access to I30 and Main Street makes it for an easy commute to Dallas or Fort Worth!

Investor Tools

Property Icon
$218,000
Estimated Property Value
$120,582Estimated Mortgage Balance
$97,418Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,308 /month
Positive
Cash Flow Estimate:
$436 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$485/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,733
$210,300
2025
$60,000
$150,300
$210,300
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,733
$210,300

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Bank Financial
Conventional
$139,500
No
First
Jul 29, 2019
Aug 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$120,582
$97,418
44%
55%
$837/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$837/mo
+$1,135/mo
10.9%

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: Grand Prairie

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507 Hensley Drive | Property Details | No Agent List