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$291,650

NAL Estimated Property Value

551 Ranch Trail 197, Irving, TX, 75063

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,415 Sq Ft
price_per_sqft$134.28 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Refrigerator

Exterior

Lot Size8.33 acres

Building Information

Year Built1984
Stories2
Roof Type104
Garage Spaces1

Land Information

APN32575600000V00197
SubdivisionVillas At Valley Ranch Condos
Land UseResidential
Legal DescriptionVILLAS AT VALLEY RANCH CONDOS VILLAS AT VALLEY RANCH ALL BLK C BLDG V UNIT 197 CE 0.869% VOL2005120/6868 DD06062005 CO-DC
Census Tract014128
Assessed Land Value$63,030
Assessed Improvement Value$228,620
Assessment Year2025

About this property

North Facing 2 bed 2 bath condo offered at $220,000. Located about 15 minutes from Dallas Fort Worth International Airport, the property provides quick access to major highways connecting Irving, Dallas, and Las Colinas. Shopping, dining, and daily conveniences are all within close reach, making the location practical for residents who value accessibility and mobility. The two-bedroom, two-bath layout offers flexibility for a variety of living arrangements, with a functional floor plan that supports comfortable everyday use. This part of Irving continues to benefit from strong employment proximity, consistent relocation traffic from DFW Airport, and access to multiple business corridors across the Metroplex. Properties positioned near major infrastructure and job centers tend to remain relevant in both resale and rental markets, making location and accessibility two of the strongest attributes of this address.

Investor Tools

Property Icon
$291,650
Estimated Property Value
$142,918Estimated Mortgage Balance
$148,732Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,750 /month
Positive
Cash Flow Estimate:
$583 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$462/month
$420/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,086
$291,650
2025
$63,030
$228,620
$291,650
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,086
$291,650

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nationstar Mortgage Llc
Conventional
$158,320
No
First
May 26, 2021
Jun 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$142,918
$148,732
50%
49%
$950/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,990/mo
$1,370/mo
+$620/mo
8.2%

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.

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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: Irving

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