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$229,000

802 Walter Hill Dr, Grand Prairie, TX, 75050

$296,754 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,004 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$99.75 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range
FlooringCeramic Tile, Concrete, Vinyl, Wood

Exterior

Lot Size10,400 sqft

Building Information

Year Built1959
Stories1
Roof Type105
Garage Spaces2

Land Information

APN28204501110010000
Lot Number1
SubdivisionScheppler Villa
Land UseResidential
Legal DescriptionSCHEPPLER VILLA ESTATES BLK 1111 LOT 1 INT202400220450 DD10282024 CO-DC 2045011100100 4CP20450111
Census Tract015500
Assessed Land Value$36,400
Assessed Improvement Value$175,260
Assessment Year2025

About this property

Multiple offers received, deadline for best and final offer is Thursday 10-10-2024 at Noon. 3-2-2 plus an enclosed sunroom with a fireplace. This property is offered AS-IS and the seller will make no repairs. This is an investment property that needs work, but priced to sell fast AS-IS. Property will not qualify for traditional financing programs in its current condition. Public records square footage information appears to include the space between the original house and the garage. Buyer should confirm all measurements.

Investor Tools

Property Icon
$229,000
Estimated Property Value
$0Estimated Mortgage Balance
$229,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$296,753
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,374 /month
Positive
Cash Flow Estimate:
$458 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$466/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,442
$211,660
2025
$36,400
$175,260
$211,660
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,442
$211,660

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$229,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
N/A
+$1,972/mo
10.3%

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: Grand Prairie

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802 Walter Hill Dr | Property Details | No Agent List