$292,000
NAL Estimated Property Value516 Elwood Rd, Irving, TX, 75061
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerMove-In Ready
Highlights
Interior
AppliancesDishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave
Exterior
Lot Size6,970 sqft
Building Information
Year Built1954
Stories1
Roof Type105
Land Information
APN32037500030060100
Lot Number6
SubdivisionBritain Road
Land UseResidential
Legal DescriptionBRITAIN ROAD ESTATES BLK C NE PT LT 6 LESS ROW VOL71219 PG0401 0375000300601 2CI03750003
Census Tract014602
Assessed Land Value$76,670
Assessed Improvement Value$184,850
Assessment Year2025
About this property
Come check out this beautiful fully renovated 3 bd, 2 bath house on a corner lot, in a great location in the heart of Irving. Minutes away from highway 183 and Loop 12
Investor Tools
$292,000
Estimated Property Value
$265,502Estimated Mortgage Balance
$26,498Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,860 /month
Positive
Cash Flow Estimate:
$620 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$130/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$101
$261,520
2025
$76,670
$184,850
$261,520
No
Tax History
Year
Tax Paid
Assessed Value
2024
$101
$261,520
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$280,000
No
First
Jul 12, 2023
Aug 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$265,502
$26,498
9%
91%
$1,679/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,679/mo
+$293/mo
8.1%
