Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$220,000

NAL Estimated Property Value

509 12th Street, Grand Prairie, TX, 75051

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,130 Sq Ft
price_per_sqft$154.78 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

BankruptcyOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
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

Property Icon
$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

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

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%

City: Grand Prairie

509 12th Street | Property Details | No Agent List