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$220,000

12308 Knight Dr, Balch Springs, TX, 75180

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths1 Bath
Baths1,132 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$194.35 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range
FlooringCarpet, Vinyl

Exterior

Lot Size6,983 sqft

Building Information

Year Built1971
Roof Type105
Garage Spaces1

Land Information

APN12013500070350000
Lot Number35
SubdivisionFreeway East Rev
Land UseResidential
Legal DescriptionFREEWAY EAST REV BLK G LT 35 60X120 INT201300391051 DD12202013 CO-DC 0135000703500 4CB01350007
Census Tract017204
Assessed Land Value$50,000
Assessed Improvement Value$105,000
Assessment Year2026

About this property

Charming brick home featuring a one-car garage and a covered back patio, perfect for relaxing or entertaining. The home offers an open-concept kitchen and living area, ceiling fans, fresh interior paint, and carpet and vinyl flooring throughout. The backyard features a chain-link fence. A great opportunity for first-time homebuyers! Owner Financing Available!

Investor Tools

$21,397Estimated Mortgage Balance
$169,603Estimated Equity
88% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,320 /month
Positive
Cash Flow Estimate:
$440 /month

Interested in this property?

Sergio Bazan

RE/MAX New Horizon

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$361/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,382
$155,000
2026
$50,000
$105,000
$155,000
No

Tax History

Year
Tax Paid
Assessed Value
2026
$3,382
$155,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Republic Bank Na
Unknown
$32,000
No
First
Jul 9, 2012
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$21,397
$169,603
88%
11%
$192/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,860/mo
$192/mo
+$1,668/mo
11.7%

City: Balch Springs

12308 Knight Dr | Property Details | No Agent List