$425,500
2201 Scarlet Ln, Grand Prairie, TX, 75050
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Disposal, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Hardwood
Exterior
Lot Size13,800 sqft
Building Information
Year Built1971
Stories1
Garage Spaces2
Land Information
APN30345-17-9
Lot Number9
SubdivisionNottingham Estates
Land UseResidential
Legal DescriptionNOTTINGHAM ESTATES BLOCK 17 LOT 9
Census Tract113004
Assessed Land Value$65,000
Assessed Improvement Value$267,726
Assessment Year2025
About this property
The property has been occupied by one owner in 55 years and has been well maintained. This home sits on a corner lot with side entry garage, shaded by large, mature trees. Backyard includes an ample, extra deep dive pool adjacent to patio covered by a timber arbor. Roof is protected by pre-cast concrete tiles. Beautiful .75 inch solid oak floors in entry, formal dining, kitchen, main den and bedroom hallway. Centrally located in the DFW area with quick access to major highways.
Investor Tools
$0Estimated Mortgage Balance
$449,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,694 /month
Positive
Cash Flow Estimate:
$898 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$326/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,662
$332,726
2025
$65,000
$267,726
$332,726
No
Tax History
Year
Tax Paid
Assessed Value
2025
$1,662
$332,726
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Credit Line (Revolving) / Heloc
$25,000
No
First
N/A
Sep 2013
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$449,000
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
5.3%
