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$416,010

612 Phillips Dr, Coppell, TX, 75019

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,377 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$290.49 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range

Exterior

Lot Size6,779 sqft

Building Information

Year Built1986
Stories1
Roof Type105
Garage Spaces2

Land Information

APN18005460070420000
Lot Number42
SubdivisionParkwood Sec
Land UseResidential
Legal DescriptionPARKWOOD SEC 2 BLK 7 LOT 42 INT202500116679 DD06022025 CO-DC 0054600704200 2CO00546007
Census Tract014134
Assessed Land Value$99,000
Assessed Improvement Value$317,010
Assessment Year2025

About this property

This charming single story home is a one-owner, one of a kind Waterfront opportunity. Backs to the 25 acre Andy Brown Park Lake in the heart of the City of Coppell and award winning Coppell ISD. Great location and proximity to DFW Airport. Just south of 121 off MacArthur and west of I-35. Large living area with wood burning fireplace. Kitchen and dining area overlook the lake and beautiful back yard with wrought iron fence. Bring your remodeling ideas! Sold as-is with Owner making no repairs.

Investor Tools

Property Icon
$416,010
Estimated Property Value
$0Estimated Mortgage Balance
$416,010Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,496 /month
Positive
Cash Flow Estimate:
$832 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$561/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,653
$416,010
2025
$99,000
$317,010
$416,010
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,653
$416,010

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$416,010
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,420/mo
N/A
+$2,420/mo
7.0%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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: Coppell

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612 Phillips Dr | Property Details | No Agent List