$270,000
2681 Steppington St, Grand Prairie, TX, 75052
On Market
Just Added
Property Lead Type:
BankruptcyPre-ForeclosureDeal ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Electric Cooktop, Electric Range, Disposal
FlooringCarpet, Simulated Wood
Exterior
Lot Size8,416 sqft
Building Information
Year Built1984
Stories1
Garage Spaces2
Land Information
APN30593-U-1
Lot Number1
SubdivisionOak Hollow (Grand Prairie)
Land UseResidential
Legal DescriptionOAK HOLLOW (GRAND PRAIRIE) BLOCK U LOT 1
Census Tract111554
Assessed Land Value$75,771
Assessed Improvement Value$243,771
Assessment Year2025
Investor Tools
$38,238Estimated Mortgage Balance
$281,304Estimated Equity
88% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,917 /month
Positive
Cash Flow Estimate:
$639 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$741/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,290
$319,542
2025
$75,771
$243,771
$319,542
No
Tax History
Year
Tax Paid
Assessed Value
2025
$7,290
$319,542
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Union Federal Bank Of Indianapolis
Fannie Mae/Freddie Mac (Phased Out Keying In 2008 Because Fannie Mae Does Not Originate Loans Directly To Borrowers Or Investors. Most "New Conventional" Loans Meet Their General Underwriting Guidelines.)
$92,000
No
First
May 11, 2005
Jun 2035
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$38,238
$281,304
88%
12%
$552/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$552/mo
+$1,568/mo
8.0%
