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$362,000

1348 Lake Forest Dr, Grand Prairie, TX, 75052

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,131 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$171.23 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave
FlooringLaminate

Exterior

Lot Size8,750 sqft

Building Information

Year Built2006
Stories1
Roof Type105
Garage Spaces2

Land Information

APN281245600I0120000
Lot Number12
SubdivisionLakewood
Land UseResidential
Legal DescriptionLAKEWOOD PH 5 BLK I LT 12 INT202300257765 DD12212023 CO-DC 1245600I01200 4CP1245600I
Census Tract016416
Assessed Land Value$60,000
Assessed Improvement Value$302,000
Assessment Year2025

About this property

Welcome home! Fantastic well maintained single story home in Grand Prairie with a spacious open floor plan, multiple flex spaces to fit every buyer's need.It offers an open floor plan with a fireplace in the family room, granite countertops, spacious breakfast area in the kitchen, tons of natural light throughout and fresh paint interior. It is walking distance to the elementary school and pond. Less than 4 miles to Lyn Creek Park at Joe Pool Lake. Easy access to major highways TX 360, I-20, SH 161. Ready for you to move into!

Investor Tools

Property Icon
$362,000
Estimated Property Value
$0Estimated Mortgage Balance
$362,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,189 /month
Positive
Cash Flow Estimate:
$730 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$830/month
$390/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,148
$362,000
2025
$60,000
$302,000
$362,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,148
$362,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$362,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,720/mo
$390/mo
+$2,330/mo
9.0%

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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1348 Lake Forest Dr | Property Details | No Agent List