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$201,000

614 3rd Street, Grand Prairie, TX, 75051

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths936 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$96.05 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range, Vented Exhaust Fan, Gas Water Heater
FlooringVinyl

Exterior

Lot Size6,150 sqft

Building Information

Year Built1950
Stories1
Roof Type105

Land Information

APN28013500070030000
Lot Number3
SubdivisionBrannons
Land UseResidential
Legal DescriptionBRANNONS BLK G LT 0003 INT202100022258 DD01222021 CO-DC 0135000700300 4CP01350007
Census Tract016002
Assessed Land Value$45,000
Assessed Improvement Value$112,750
Assessment Year2025

About this property

INVESTOR SPECIAL!! ALL OFFERS DUE SATURDAY, MARCH 16th BY 5:00 p.m. Three bedroom one bath home in quiet neighborhood. One living and one dining area. Home needs a little TLC and is being sold AS IS with no repairs. Large fenced backyard. Mature pecan trees in front yard! Convenient location to major freeways.

Investor Tools

Property Icon
$201,000
Estimated Property Value
$0Estimated Mortgage Balance
$75,812Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,206 /month
Positive
Cash Flow Estimate:
$402 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$383/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,595
$157,750
2025
$45,000
$112,750
$157,750
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,595
$157,750

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crpw Ii Llc
Purchase Money Mortgage
$139,500
No
First
Jan 22, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$125,188
$75,812
37%
62%
$837/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$837/mo
+$1,135/mo
11.8%

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: Grand Prairie

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