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$282,600

NAL Estimated Property Value

129 Melorine Dr, Grand Prairie, TX, 75051

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,130 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$238.94 / sqft
Year BuiltBuilt in 1991

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Electric Water Heater, Refrigerator
FlooringCarpet, Ceramic Tile

Exterior

Lot Size9,764 sqft

Building Information

Year Built1991
Stories1
Roof Type105
Garage Spaces2

Land Information

APN28074500050130100
Lot Number13
SubdivisionGrand Prairie Prize Acres
Land UseResidential
Legal DescriptionGRAND PRAIRIE PRIZE ACRES BLK E E1/2 LOT 13 INT202400121878 DD06172024 CO-DC 0745000501301 4CP07450005
Census Tract016204
Assessed Land Value$39,060
Assessed Improvement Value$243,540
Assessment Year2025

About this property

** MULTIPLE OFFERS RECEIVED BEST AND FINAL DATE MAY 25 AT 8PM** Welcome to your new home! This one Family owned home has such charm and is welcoming as it's ready for its new owner, featuring 3 Spacious Bedrooms, 2 Full Bathrooms and a 2 Car Garage with built in Shelves for all your projects. Both the Front and Back yard is oversized featuring privacy in the backyard with tall fences and a gate with access to the alleyway if you have Campers, RV's or anything that might need parking access to in the back. All just in time for summer as has plenty of room for a Pool. The possibilities really are endless with this beautiful home! The Roof is brand new and has a transferrable warranty to the new owner. The Refrigerator, Washer and Dryer and Freezer in Garage stay with the new owner. A New Survey is needed.

Investor Tools

Property Icon
$282,600
Estimated Property Value
$0Estimated Mortgage Balance
$282,600Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,696 /month
Positive
Cash Flow Estimate:
$565 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$304/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,238
$282,600
2025
$39,060
$243,540
$282,600
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,238
$282,600

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$282,600
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
N/A
+$1,972/mo
8.4%

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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129 Melorine Dr | Property Details | No Agent List