Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

4210 Sheffield Drive Grand Prairie, TX 75052

4 Beds 3 Baths 2,330 sqft Built 1985

INVESTimate

$269,900

List Price

$1,830

$1,647 - $2,013

Rent Est.

$300,291  ( +11.26%)   1 YR EST. FORECAST

PROPERTY INFO

August 21, 2020 RECENTLY ADDED
FACTS
  • Built In 1985
  • Price/Sqft : $115.84
  • 6 Days on Market
  • MLS # : 14417501
  • Updated Date : 08/24/2020 at 16:31
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,330 sqft
  • Baths : 2 full , 1 half
Listing Agent

Re/max Dfw Associates

Listing Agent's Description

UPDATED! POOL! Tons of Natural Light and Plenty of mature Trees! Open Concept Kitchen with Granite and stainless steel appliances. Gorgeous Outdoor Oasis with sparkling pool and room to run around. 4 bed 2.5 bath 2 story home! New Carpet in 2020! Very well maintained and ready for a new family! Dining room has great access to kitchen and formal living! Owners retreat is huge with on-suite bathroom includes 2 separate vanities, separate shower and tub! Secondary bedrooms are great size! Amazing location in DFW with both I-20 and the George Bush within 3 miles, this location is easy to access work and recreation across all of DFW. Don't miss out on this opportunity! See it before it's gone!

SEE MORE

MARKET HIGHLIGHTS

  • . Dallas has 7th largest concentration of high-tech jobs in the U.S. (Dallas Chamber)
  • # 1 in the country for job growth in 2017 (2.6% growth, 91,700 new jobs) (US Census, Forbes, 2017)
  • Dallas metro's economy is worth $579 billion in Gross Metro Product and projected to grow to $613 billion in 2019 (USMayors.org, 2018)
  • Home to 20 Fortune 500 headquarters, 39 Fortune 1000 headquarters and 12 of Forbes' top private companies (Fortune)
  • Dallas metro contributes to 31.9%% of Texas state economy i.e. Gross State Product (USMayors.org, 2018)
  • Dallas metro has 67.1% labor force participation rate higher than the national rate 62.8% (USMayors.org, 2018)

PRICE & RENT TRENDS

Neighborhood: Oak Hollow Grand Prairie

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240kPrice in $88k243k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Neighborhood: Oak Hollow Grand Prairie

NeighborhoodNIR Market*CityMarket2010Year20002019 Q210001100120013001400150016001700Rent in $9451734

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Dickinson Elementary Academy Primary Regular 440 30 3
Harry S Truman Middle School Middle Regular 600 42 4
Dubiski Career High School High Regular 1,486 86 8

Dickinson Elementary Academy

  • Education Level: Primary
  • # of students: 440
  • # of teachers: 30
3
GreatSchools Rating

Harry S Truman Middle School

  • Education Level: Middle
  • # of students: 600
  • # of teachers: 42
4
GreatSchools Rating

Dubiski Career High School

  • Education Level: High
  • # of students: 1,486
  • # of teachers: 86
8
GreatSchools Rating
 

$242,910$296,890$269,900

PURCHASE PRICE

$1,647$2,013$1,830

RENT

DOWN PAYMENT
FINANCING

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M

PROJECTED ANNUAL CASH FLOW

11530-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,830
EXPENSES Loan Payment -$996
Property Tax -$657
Property Insurance -$162
Property Management Fees -$99
CASH FLOW
-$84

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 15% of earned rent to cover both maintenance and periods of vacancy.

$269,900

PROJECTED PRICE

$1,830

PROJECTED RENT

0.68%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.74%
Appreciation Year (1-5) 11.26%
Maintenance Year (1-5) 8.00%
Vacancy 6.69%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$77,274

INVESTMENT

$77,274

Down Payment
$67,475
Rehab Estimate
$5,750
Closing Costs
$4,049

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$996

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $67,475
Loan Amount $202,425
See What Happens When You Reinvest Cash Flow

2.67

YEARS SAVED

$6,904

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $1,830

    LIST RENT
  • $0.79

    LIST RENT PER SQFT
  • $1,893

    COMP ESTIMATED VALUE
  • $0.81

    COMP AVG. RENT PER SQFT
Comps Range
$1,800
1$1,8002$1,8303$1,9504$1,9505$1,990
$1,990
RENT COMPS ANALYSIS
  • 4210 Sheffield Drive Grand Prairie, TX 2
    • 4 beds 3 baths ∙ 2,330 Sqft ∙ Built 1985 4 beds 3 baths ∙ 2,330 Sqft ∙ Built 1985
    • Rent
    • Rent Per SQFT
    •  
    • $1,830
    • $0.79
    •  
  • 1818 Independence Court Grand Prairie, TX 1
    • 4 beds 3 baths ∙ 2,300 Sqft ∙ Built 1978 4 beds 3 baths ∙ 2,300 Sqft ∙ Built 1978
    LEASED 03/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $0.78
    •  
  • 4128 Hathaway Drive Grand Prairie, TX 3
    • 4 beds 3 baths ∙ 2,450 Sqft ∙ Built 1986 4 beds 3 baths ∙ 2,450 Sqft ∙ Built 1986
    LEASED 09/04/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,950
    • $0.80
    •  
  • 4639 Yellowleaf Drive Grand Prairie, TX 4
    • 4 beds 2 baths ∙ 2,329 Sqft ∙ Built 2000 4 beds 2 baths ∙ 2,329 Sqft ∙ Built 2000
    LEASED 08/22/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,950
    • $0.84
    •  
  • 1104 Gaines Mills Road Grand Prairie, TX 5
    • 4 beds 3 baths ∙ 2,389 Sqft ∙ Built 1999 4 beds 3 baths ∙ 2,389 Sqft ∙ Built 1999
    LEASED 07/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,990
    • $0.83
    •  
PROPERTY LISTING DETAILS
Donna Bradshaw
Re/max Dfw Associates
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
North Texas Real Estate Information Services ( NTREIS)
MLS #: 14417501
Last Updated: 08/24/2020
BESbswy