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$358,000

NAL Estimated Property Value

622 Redwood Dr, Grand Prairie, TX, 75052

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,144 Sq Ft
price_per_sqft$116.56 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size8,760 sqft

Building Information

Year Built1984
Stories1
Roof Type105
Garage Spaces2

Land Information

APN28069900520130000
Lot Number13
SubdivisionGlen Oaks
Land UseResidential
Legal DescriptionGLEN OAKS BLK B LOT 13 INT201900264740 DD09192019 CO-DC 0699005201300 4CP06990052
Census Tract016409
Assessed Land Value$60,000
Assessed Improvement Value$259,160
Assessment Year2025

About this property

Immaculate 4 bedroom home with new roof, paint in and out, Range, microwave, etc etc. Large backyard with inground pool and storage shed, Tons of closet space with custom shelving! This one is a rare find don't let it get away! see remarks for more info on offer submission Seller will review offers after 7 days on market. » To help visualize this home’s floorplan and to highlight its potential, virtual furnishings may have been added to photos found in this listing

Investor Tools

Property Icon
$358,000
Estimated Property Value
$200,475Estimated Mortgage Balance
$157,525Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,148 /month
Positive
Cash Flow Estimate:
$716 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$588/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,270
$319,160
2025
$60,000
$259,160
$319,160
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,270
$319,160

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Conventional
$230,920
No
First
Sep 19, 2019
Oct 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$200,475
$157,525
44%
56%
$1,385/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,720/mo
$1,385/mo
+$1,335/mo
9.1%

City: Grand Prairie

622 Redwood Dr | Property Details | No Agent List