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$255,000

$265,000

702 Granada Dr, Duncanville, TX, 75116

$291,058 ARVInfo
On MarketInfo
Price DropInfo
Beds4 Beds
Baths2 Bath
Baths2,138 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$119.27 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven
FlooringLaminate, Tile

Exterior

Lot Size10,375 sqft

Building Information

Year Built1970
Stories1
Roof Type105
Garage Spaces2

Land Information

APN22062500200320000
Lot Number32
SubdivisionForest Hills
Land UseResidential
Legal DescriptionFOREST HILLS INST 4 BLK T LT 32 INT202400152594 DD07232024 CO-DC 0625002003200 4CV06250020
Census Tract016516
Assessed Land Value$60,000
Assessed Improvement Value$286,670
Assessment Year2025

About this property

CORNER, NEW ROOF HOME!! Roof was just replaced Agu. 2026!! This 4-bedroom, 2-bath home offers 2,138 square feet of potential and is situated on a desirable corner lot. Featuring a spacious floor plan with a large living & formal dining room. This property provides the perfect canvas for your next renovation project. The home is in need of a complete cosmetic rehab, making it an excellent opportunity for investors or buyers looking to customize a home to their own style. With great bones and a prime location, this property is full of possibilities. Bring your vision and transform this home into something truly special!

Investor Tools

$52,837Estimated Mortgage Balance
$293,833Estimated Equity
84% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$291,058
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,080 /month
Positive
Cash Flow Estimate:
$693 /month

Interested in this property?

Perla Martinez

VIP Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$632/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,847
$346,670
2025
$60,000
$286,670
$346,670
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,847
$346,670

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Resmae Mortgage Corp
Fannie Mae/Freddie Mac (Phased Out Keying In 2008 Because Fannie Mae Does Not Originate Loans Directly To Borrowers Or Investors. Most "New Conventional" Loans Meet Their General Underwriting Guidelines.)
$105,600
No
First
Aug 5, 2005
Sep 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$52,837
$293,833
84%
15%
$793/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$793/mo
+$772/mo
5.4%

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.

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: Duncanville

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702 Granada Dr | Property Details | No Agent List