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$175,000

822 Madrid Drive, Duncanville, TX, 75116

$184,313 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,648 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$106.19 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Double Oven, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet

Exterior

Exterior FeaturesStorage
Lot Size8,125 sqft

Building Information

Year Built1972
Stories1
Roof Type105
Garage Spaces2

Land Information

APN22070500210230000
Lot Number23
SubdivisionForest Hills
Land UseResidential
Legal DescriptionFOREST HILLS INST 13 BLK U LT 23 INT201800338052 DD12122018 CO-DC 0705002102300 4CV07050021
Census Tract016516
Assessed Land Value$60,000
Assessed Improvement Value$253,880
Assessment Year2025

About this property

Ready for new owner with Fresh paint inside and out large family room with builtins and Fireplace, spacious kitchen with pass thru counter for entertaining, three spacious bedrooms with room for growing family, large utility room, with large fenced back yard, patio for outdoor enjoyment, Bring your buyers ready just unpack........

Investor Tools

Property Icon
$313,880
Estimated Property Value
$0Estimated Mortgage Balance
$224,524Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$184,312
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,883 /month
Positive
Cash Flow Estimate:
$628 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$404/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,284
$313,880
2025
$60,000
$253,880
$313,880
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,284
$313,880

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Titus38 Llc
Unknown
$105,000
No
First
Dec 12, 2018
Jan 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$89,356
$224,524
71%
28%
$630/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$630/mo
+$1,342/mo
7.5%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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