$274,500
NAL Estimated Property Value841 Springwood Drive, Grand Prairie, TX, 75052
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCeramic Tile
Exterior
Exterior FeaturesRain Gutters
Lot Size4,938 sqft
Building Information
Year Built1996
Stories1
Roof Type105
Garage Spaces1
Land Information
APN28078890150170000
Lot Number17
SubdivisionGreenwood
Land UseResidential
Legal DescriptionGREENWOOD 2 PH 2 BLK 15 LT 17 INT202000304680 DD11022020 CO-DC 0788901501700 4CP07889015
Census Tract016419
Assessed Land Value$55,000
Assessed Improvement Value$219,500
Assessment Year2025
About this property
Multiple Offers Received, Best and Highest Offer Deadline is 9:00 PM Sunday 9-13-2020. Great 3 bedroom 2 bath home in a convenient location! The family room with wood-burning fireplace and beautiful mantle is adjacent to the kitchen with a breakfast bar, great workspace and tons of cabinets. The master suite includes dual closets and the 2 secondary bedrooms are roomy and overlook the backyard. Attractive landscape, hard surface flooring throughout.....THE ONLY THING MISSING IS YOU!
Investor Tools
$274,500
Estimated Property Value
$182,550Estimated Mortgage Balance
$91,950Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,647 /month
Positive
Cash Flow Estimate:
$549 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$487/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,469
$274,500
2025
$55,000
$219,500
$274,500
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,469
$274,500
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Town Square Mortgage & Investments Inc
Fha
$196,377
Yes
First
Nov 2, 2020
Dec 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$182,550
$91,950
33%
67%
$1,226/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$1,226/mo
+$894/mo
9.3%
