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$490,000

NAL Estimated Property Value

512 Truax Drive, Irving, TX, 75063

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,003 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$179.68 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Lot Size9,015 sqft

Building Information

Year Built1994
Stories1
Roof Type105
Garage Spaces2

Land Information

APN322553100B04R0000
Lot Number4R
SubdivisionLakes Of Valley Ranch Ph Rep
Land UseResidential
Legal DescriptionLAKES OF VALLEY RANCH PH 2 REP BLK B LOT 4R INT202000298594 DD10222020 CO-DC 2553100B04R00 2CI2553100B
Census Tract014132
Assessed Land Value$105,000
Assessed Improvement Value$350,000
Assessment Year2025

About this property

Northwest facing house in beautiful Lakes of Valley Ranch, Irving. This is an impecable property proudly owned by the same family for the past 20 years. Master bathroom was updated in 2020, and freshly painted entirely in 2020. New roof, water heater, and gutters installed in 2019. Beautiful high ceilings and lots of natural light. Near major highways, shopping centers, and walking distance from local schools. Beautiful pool in the backyard with grassy area for entertaining and relaxing with family, friends, and or pets.

Investor Tools

Property Icon
$490,000
Estimated Property Value
$263,972Estimated Mortgage Balance
$226,028Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,940 /month
Positive
Cash Flow Estimate:
$980 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$830/month
$532/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,509
$455,000
2025
$105,000
$350,000
$455,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,509
$455,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Weichert Financial Services
Conventional
$295,920
No
First
Oct 22, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$263,972
$226,028
46%
54%
$1,775/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,510/mo
$2,307/mo
+$203/mo
6.1%

City: Irving

512 Truax Drive | Property Details | No Agent List