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$820,220

1048 Mallard Pointe Drive, Grand Prairie, TX, 75104

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,126 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$164.57 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 2Bathrooms Half 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Washer
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Private PoolPrivate Pool
Lot Size1.23 acres

Building Information

Year Built1999
Stories2
Roof Type105
Garage Spaces3

Land Information

APN28027900017400000
Lot Number740
SubdivisionLake Ridge Sec
Land UseResidential
Legal DescriptionLAKE RIDGE SEC 11 BLK 1 LT 740 ACS 1.23 INT202100143205 DD05122021 CO-DC 0279000174000 4CP02790001
Census Tract016525
Assessed Land Value$338,250
Assessed Improvement Value$481,970
Assessment Year2025

About this property

Truly one of a kind luxury home! European inspired masterpiece screams “impressive”! This palace has lake views in the high dollar neighborhood of Lake Ridge! Custom swimming pool with entablature! World-Class Egyptian Home Theater you must experience to believe! All equipment and décor in the theater come with the house!!! Pier and Beam construction with a lifetime foundation warranty! Upstairs balcony. Room on the lot for a guest house and or pool house. This incredible home won’t last!

Investor Tools

Property Icon
$820,220
Estimated Property Value
$0Estimated Mortgage Balance
$413,206Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,921 /month
Positive
Cash Flow Estimate:
$1,640 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,704/month
$240/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16,353
$820,220
2025
$338,250
$481,970
$820,220
No

Tax History

Year
Tax Paid
Assessed Value
2024
$16,353
$820,220

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Heritage Capital Lp
Conventional
$450,000
No
First
May 12, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$407,014
$413,206
50%
50%
$2,698/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,070/mo
$2,938/mo
+$132/mo
4.5%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Grand Prairie

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1048 Mallard Pointe Drive | Property Details | No Agent List