$305,000
NAL Estimated Property Value705 Pinoak Drive, Grand Prairie, TX, 75052
Off Market
Property Lead Type:
BankruptcyOff-Market ListHigh EquityMove-In Ready
Highlights
Interior
AppliancesElectric Range, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Wood
Exterior
Lot Size8,242 sqft
Building Information
Year Built1975
Stories1
Roof Type105
Garage Spaces2
Land Information
APN28048000040140000
Lot Number14
SubdivisionCross Timbers
Land UseResidential
Legal DescriptionCROSS TIMBERS BLK D LT 14 INT202000318486 DD11162020 CO-DC 0480000401400 4CP04800004
Census Tract016419
Assessed Land Value$65,000
Assessed Improvement Value$236,380
Assessment Year2025
About this property
BACK ON THE MARKET! Buyers got cold feet. Motivated Seller!! Beautiful home in the heart of Grand Prairie Close to major Highways I20, 161, 360 and Shopping Centers. Completely updated, with an open concept Kitchen, granite countertops, new cabinets, tile, laminated floors. new concrete in the front walkway and back patio. Very spacious rooms and much more. Seller does NOT have a survey. Buyers Agent to verify Measurements, tax and Schools.
Investor Tools
$305,000
Estimated Property Value
$201,858Estimated Mortgage Balance
$103,142Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,830 /month
Positive
Cash Flow Estimate:
$610 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$692/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,783
$301,380
2025
$65,000
$236,380
$301,380
No
Tax History
Year
Tax Paid
Assessed Value
2024
$6,783
$301,380
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Independent Bank
Fha
$225,834
Yes
First
Nov 16, 2020
Dec 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$201,858
$103,142
33%
66%
$1,354/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$1,354/mo
+$766/mo
8.3%
