$220,000
NAL Estimated Property Value509 12th Street, Grand Prairie, TX, 75051
Off Market
Property Lead Type:
BankruptcyOff-Market ListHigh Equity
Highlights
Interior
AppliancesElectric Cooktop
FlooringCeramic Tile, Laminate
Exterior
Exterior FeaturesStorage
Lot Size9,455 sqft
Building Information
Year Built1950
Stories1
Roof Type105
Land Information
APN28192500030170000
Lot Number17
SubdivisionRobin Hood Park
Land UseResidential
Legal DescriptionROBIN HOOD PARK BLK C LT 17 INT202100026870 DD01272021 CO-DC 1925000301700 4CP19250003
Census Tract015900
Assessed Land Value$45,000
Assessed Improvement Value$140,680
Assessment Year2025
About this property
WOW! Great home with gorgeous trees and expansive backyard! Fresh paint! Updated bathroom with tiled shower! Recent updates within the past 2 years include, new laminate wood flooring, New HVAC system (condensing unit and air handler unit), electrical upgrades (new meter head, wiring, receptacles), new water heater and new backyard fencing. Storage building in the backyard is approximately 200 sq. ft.
Investor Tools
$220,000
Estimated Property Value
$157,582Estimated Mortgage Balance
$62,418Estimated Equity
28% 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
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$495/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,837
$185,680
2025
$45,000
$140,680
$185,680
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,837
$185,680
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Town Square Mortgage & Investments Inc
Fha
$168,920
Yes
First
Jan 27, 2021
Feb 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$157,582
$62,418
28%
72%
$1,054/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,054/mo
+$918/mo
10.8%
