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$305,000

NAL Estimated Property Value

1146 Meadow Park Lane, Grand Prairie, TX, 75052

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,766 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$169.88 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Refrigerator
FlooringVinyl

Exterior

Lot Size4,794 sqft

Building Information

Year Built1985
Stories2
Roof Type105
Garage Spaces2

Land Information

APN28144600020330000
Lot Number33
SubdivisionMeadow Park
Land UseResidential
Legal DescriptionMEADOW PARK BLK 2 LT 33 INT202200320403 DD12162022 CO-DC 1446000203300 4CP14460002
Census Tract016419
Assessed Land Value$55,000
Assessed Improvement Value$227,430
Assessment Year2025

About this property

BACK ON THE MARKET!! BUYER GHOSTED!! NO INSPECTION DONE!!! Nice starter home nestled in the heart of Grand Prairie. This 2-Story home features an open floor plan with 3 bedroom and 2.5 bathrooms. Owner's Suite downstairs with dual sinks and walk in closet. Two spacious secondary rooms upstairs with marble tile. Oversized Living area with a wood burning fireplace and tile flooring throughout the downstairs area. Open Kitchen that overlooks family dining. Nice sized backyard perfect for kids or pets.  Within walking distance to South Grand Prairie HS and perfectly situated less than one minute from Epic West Town shopping, Epic water park, restaurants and highway access, this is a perfect location offering the perks of convenience accompanied by the feel of a quiet little neighborhood.

Investor Tools

Property Icon
$305,000
Estimated Property Value
$201,949Estimated Mortgage Balance
$103,051Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,830 /month
Positive
Cash Flow Estimate:
$610 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$696/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,827
$282,430
2025
$55,000
$227,430
$282,430
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,827
$282,430

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Griffin Funding Inc
Conventional
$209,000
No
First
Apr 12, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$201,949
$103,051
33%
66%
$1,391/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$1,391/mo
+$729/mo
8.3%

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.

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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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1146 Meadow Park Lane | Property Details | No Agent List