$458,000
NAL Estimated Property Value551 E Sandra Lane, Grand Prairie, TX, 75052
Off Market
Property Lead Type:
Off-Market ListHigh EquityMove-In Ready
Highlights
Interior
AppliancesDishwasher, Electric Range, Microwave, Plumbed For Ice Maker
FlooringCeramic Tile, Laminate, Vinyl, Wood
Exterior
Lot Size9,240 sqft
Building Information
Year Built2002
Stories1
Roof Type105
Garage Spaces2
Land Information
APN281850800L0100000
Lot Number10
SubdivisionPolo Heights
Land UseResidential
Legal DescriptionPOLO HEIGHTS PH 1 BLK L LT 10 INT202200183102 DD06292022 CO-DC 1850800L01000 4CP1850800L
Census Tract016412
Assessed Land Value$80,000
Assessed Improvement Value$374,500
Assessment Year2025
About this property
Gorgeous home with sparkling Gunite pool for summer! Recently renovated open kitchen with back splash, granite, breakfast bar and breakfast nook. Formal dining with beautiful chandelier. Master bedroom on first floor with sitting area, large master closet, dual sinks and jacuzzi. Huge upstairs game room. Office has a closet and is currently used as bedroom. Cathedral ceilings, Beautiful stone fireplace, Tile in main areas, hardwood floor on stairs and laminate wood looking floor in rooms.
Investor Tools
$458,000
Estimated Property Value
$371,566Estimated Mortgage Balance
$86,434Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,748 /month
Positive
Cash Flow Estimate:
$916 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$801/month
$180/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,327
$454,500
2025
$80,000
$374,500
$454,500
No
Tax History
Year
Tax Paid
Assessed Value
2024
$7,327
$454,500
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Fha
$400,904
Yes
First
Jun 29, 2022
Jul 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$371,566
$86,434
18%
81%
$2,404/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,720/mo
$2,584/mo
+$136/mo
7.1%
