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$136,750

NAL Estimated Property Value

608 E Main Street, Grand Prairie, TX, 75050

$177,775 ARVInfo
Off MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths1,700 Sq Ft
price_per_sqft$61.71 / sqft
Year BuiltBuilt in 1949

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
Heating CentralHeating Central
CoolingCooling
FlooringCeramic Tile, Wood

Exterior

Lot Size2,588 sqft

Building Information

Year Built1949
Stories1
Roof Type172

Land Information

APN28060500020060200
Lot Number5-6
SubdivisionFagan
Land UseCommercial
Legal DescriptionFAGAN BLK B PT LTS 5 & 6 ACS 0.057 OT SH 11 INT202000252603 DD09152020 CO-DC 0605000200602 5CP06050002
Census Tract015500
Assessed Land Value$16,820
Assessed Improvement Value$119,930
Assessment Year2025

About this property

Huge discount! great opportunity for a small business owner who is tired of leasing, or investor who wants to own commercial space in a great and busy area.

Investor Tools

Property Icon
$136,750
Estimated Property Value
$66,768Estimated Mortgage Balance
$69,982Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$177,775
Rent-to-Value Ratio: 0.72%
Rent Estimate
$821 /month
Positive
Cash Flow Estimate:
$274 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$283/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,716
$136,750
2025
$16,820
$119,930
$136,750
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,716
$136,750

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Dow Employees Cu
Commercial
$75,000
No
First
Sep 15, 2020
Sep 2025

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$66,768
$69,982
51%
49%
$450/mo

City: Grand Prairie

608 E Main Street | Property Details | No Agent List