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$333,000

NAL Estimated Property Value

533 Michael Drive, Grand Prairie, TX, 75052

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,929 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$118.97 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range
FlooringCarpet, Vinyl

Exterior

Lot Size7,145 sqft

Building Information

Year Built1977
Stories1
Roof Type105

Land Information

APN28200500040110000
Lot Number11
SubdivisionRoyal Valley
Land UseResidential
Legal DescriptionROYAL VALLEY ESTATES 2 BLK D LOT 11 INT202100081901 DD03192021 CO-DC 2005000401100 4CP20050004
Census Tract016420
Assessed Land Value$60,000
Assessed Improvement Value$205,020
Assessment Year2025

About this property

Beautiful 4 bedroom, 2 bath home located in Royal Valley Estates! This home is light & bright with plenty of space inside including 2 living areas perfect for entertaining; Wood burning fire place; Updated flooring & appliances, Fresh interior & exterior paint; The backyard has a covered patio great for family fun! Close to retail, restaurants, George Bush Turn Pike and Hwy-20! This is the one!

Investor Tools

Property Icon
$333,000
Estimated Property Value
$207,889Estimated Mortgage Balance
$125,111Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,998 /month
Positive
Cash Flow Estimate:
$666 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$493/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,251
$265,020
2025
$60,000
$205,020
$265,020
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,251
$265,020

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loan Simple Inc
Conventional
$230,743
No
First
Mar 19, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$207,889
$125,111
37%
62%
$1,384/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,720/mo
$1,384/mo
+$1,336/mo
9.8%

City: Grand Prairie

533 Michael Drive | Property Details | No Agent List