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$379,900

1351 Clearwater Dr, Grand Prairie, TX, 75052

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths2,131 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$178.27 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

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

Exterior

Lot Size6,600 sqft

Building Information

Year Built2006
Stories1
Roof Type105
Garage Spaces2

Land Information

APN281245600I0290000
Lot Number29
SubdivisionLakewood
Land UseResidential
Legal DescriptionLAKEWOOD PH 5 BLK I LT 29 INT201500274218 DD10092015 CO-DC 1245600I02900 4CP1245600I
Census Tract016416
Assessed Land Value$60,000
Assessed Improvement Value$286,000
Assessment Year2025

About this property

Fabulous home in a quiet neighborhood with convenient access to Highway 360 , I-20 and 161. Home is ready for a new family 4 bedroom, 2 bath , 2 living room, Rigid Core Luxury vinyl floor throughout. It offers an open floor plan with a fireplace in family room, brand-new Quartz countertops, sinks, faucets in kitchen and all bathrooms. Split bedrooms with a large master suite. Conveniently located near parks, dining, shopping and Joe Pool Lake. This home has been well maintained and ready for you to move into!

Investor Tools

Property Icon
$349,000
Estimated Property Value
$150,400Estimated Mortgage Balance
$298,389Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,279 /month
Positive
Cash Flow Estimate:
$760 /month

Interested in this property?

Tracy Le

Universal Realty, Inc

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$796/month
$125/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,808
$346,000
2025
$60,000
$286,000
$346,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,808
$346,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Lending
Conventional
$150,400
No
First
Oct 9, 2015
Nov 2030

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$50,611
$298,389
85%
15%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,720/mo
$125/mo
+$2,595/mo
9.4%

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.

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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1351 Clearwater Dr | Property Details | No Agent List