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$365,000

119 Matamoros St, Grand Prairie, TX, 75051

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths1,920 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$190.1 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesStorage
Lot Size10,530 sqft

Building Information

Year Built2007
Stories1
Roof Type105
Garage Spaces2

Land Information

APN28147610010060000
SubdivisionMonterrey Park Phase
Land UseResidential
Legal DescriptionMONTERREY PARK PHASE 2 BLK 1 LT 6 INT20080023864 DD01102008 CO-DC 1476100100600 4CP14761001
Census Tract016201
Assessment Year2025

About this property

Welcome to this turn key home in the heart of Grand Prairie, perfectly positioned as a central hub in the DFW metroplex with a short drive to Dallas, Fort Worth, and Arlington. Priced under $370,000, this is an incredible opportunity for buyers seeking location, value, and flexibility. This home is not located in an HOA, making it ideal as a primary residence, homestead property, or investment opportunity with fewer restrictions. From the moment you walk in, you’ll appreciate the functional floor plan designed for both everyday living and modern lifestyles. This home is perfect and already equipped for assisted living, home boarding or group home with wheelchair ramp, expanded wheelchair door, fire alarm equipment, etc. Don't miss out on a perfect opportunity to start your own assisted living, home boarding or group home with this home that's already upgraded for that purpose. Buyer and agent to consult with the listing agent about the solar panel.

Investor Tools

Property Icon
$307,000
Estimated Property Value
$128,684Estimated Mortgage Balance
$171,923Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,190 /month
Positive
Cash Flow Estimate:
$730 /month

Interested in this property?

Ben Ugochukwu

Amerigroup Real Estate, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$232/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,249
$280,360
2025
N/A
N/A
$280,360
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,249
$280,360

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Countrywide Kb Home Loans
Unknown
$128,684
No
First
Jan 18, 2008
Feb 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$135,077
$171,923
56%
44%
$1,341/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,341/mo
+$631/mo
7.7%

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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119 Matamoros St | Property Details | No Agent List