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$278,000

NAL Estimated Property Value

513 S Center Street, Grand Prairie, TX, 75051

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,370 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$211.61 / sqft
Year BuiltBuilt in 1925

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Vented Exhaust Fan
FlooringCarpet, Tile

Exterior

Exterior FeaturesPrivate Yard
Lot Size11,326 sqft

Building Information

Year Built1925
Stories1
Roof Type105
Garage Spaces2

Land Information

APN28151500010010300
Lot Number1
SubdivisionR P Motley
Land UseResidential
Legal DescriptionR P MOTLEY BLK A PT LT 1 ACS 0.26 CALC INT202200244138 DD09092022 CO-DC 1515000100103 4CP15150001
Census Tract016001
Assessed Land Value$67,500
Assessed Improvement Value$186,600
Assessment Year2025

About this property

Multiple Offers Received. Highest & Best due by Monday Aug 15 at 10am. Home Sweet Home! Gorgeous remodeled home with lots of natural lighting, LARGE CORNER LOT. 3 bedrooms, 2 full baths. New roof, new water heater, new plumbing and electrical with new electrical panel, new HVAC, quartz countertop in the kitchen, all new lighting and plumbing fixtures, new kitchen cabinets, new stainless steel appliances, new flooring, new doors, new ceiling fans and more. Foundation work completed in March 2022 with warranty. This sparkling home has an excelente location, close to 161, I 30, Belt Line, restaurants and shopping.

Investor Tools

Property Icon
$278,000
Estimated Property Value
$245,727Estimated Mortgage Balance
$32,273Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,739 /month
Positive
Cash Flow Estimate:
$580 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$601/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,824
$254,100
2025
$67,500
$186,600
$254,100
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,824
$254,100

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texasbank
Conventional
$263,700
No
First
Sep 9, 2022
Oct 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$245,727
$32,273
11%
88%
$1,582/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,582/mo
+$390/mo
8.5%

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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513 S Center Street | Property Details | No Agent List