$229,900
215 Ne 22nd St, Grand Prairie, TX, 75050
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Electric Range, Disposal, Microwave
FlooringOther
Exterior
Lot Size9,730 sqft
Building Information
Year Built1952
Roof Type105
Garage Spaces2
Land Information
APN28129500020040000
Lot Number4
SubdivisionManor Place
Land UseResidential
Legal DescriptionMANOR PLACE BLK 2 LT 4 VOL98243/1774 DD120498 CO-DALLAS 1295000200400 4CP12950002
Census Tract015700
Assessed Land Value$60,000
Assessed Improvement Value$168,250
Assessment Year2026
About this property
Calling all investors or handyman’s . Prices to sell and very competitive. If you are looking to own a duplex live in one side and rent out the other This one will be the best option for you. Need some TLC. Both sides are vacant .
Investor Tools
$0Estimated Mortgage Balance
$228,250Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,379 /month
Positive
Cash Flow Estimate:
$460 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$373/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$228,250
2026
$60,000
$168,250
$228,250
No
Tax History
Year
Tax Paid
Assessed Value
2025
N/A
$228,250
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Preference Mtg Corp
Fha
$53,558
Yes
First
N/A
Dec 2028
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$228,250
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,280/mo
N/A
+$2,280/mo
12.0%
