$293,520
NAL Estimated Property Value742 Echo Drive, Grand Prairie, TX, 75052
Off Market
Property Lead Type:
BankruptcyOff-Market ListHigh Equity
Highlights
Interior
AppliancesGas Range
FlooringCarpet, Ceramic Tile, Wood
Exterior
Lot Size8,400 sqft
Building Information
Year Built1972
Stories1
Roof Type105
Garage Spaces2
Land Information
APN28172500080370000
Lot Number37
SubdivisionPark Valley
Land UseResidential
Legal DescriptionPARK VALLEY 1 BLK 8 LT 37 INT202000022366 DD01222020 CO-DC 1725000803700 4CP17250008
Census Tract016421
Assessed Land Value$55,000
Assessed Improvement Value$238,520
Assessment Year2025
About this property
Beautiful 3 Bedroom, 2 Baths, one story, home offers a fireplace, a walk-in master closet, Office can be use as a 4th bedroom, open kitchen to the living room for entertainment, recently painted inside and out, ready for a new buyer.
Investor Tools
$293,520
Estimated Property Value
$161,551Estimated Mortgage Balance
$131,969Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,761 /month
Positive
Cash Flow Estimate:
$587 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$673/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,607
$293,520
2025
$55,000
$238,520
$293,520
No
Tax History
Year
Tax Paid
Assessed Value
2024
$6,607
$293,520
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$184,500
No
First
Jan 22, 2020
Feb 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$161,551
$131,969
44%
55%
$1,107/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,720/mo
$1,107/mo
+$1,613/mo
11.1%
