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$395,000

1501 Austrian Road, Grand Prairie, TX, 75050

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,313 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$170.77 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters, Rain Barrel/Cistern(s), Storage
Lot Size10,878 sqft

Building Information

Year Built1973
Stories1
Roof Type105
Garage Spaces2

Land Information

APN28020500060050000
Lot Number5
SubdivisionCamelot Acres
Land UseResidential
Legal DescriptionCAMELOT ACRES BLK 6 LOT 5 INT201800335106 DD12202018 CO-DC 0205000600500 4CP02050006
Census Tract015406
Assessed Land Value$42,000
Assessed Improvement Value$328,020
Assessment Year2025

About this property

OPEN AND BRIGHT, YOU MUST SEE THIS BEAUTIFUL HOME! UPDATED 4 BEDROOM, 3 BATH HOME WITH WOOD-LOOK TILE FLOORS. 2ND LIVING AREA IS LISTED AS GAMEROOM BUT IS ALSO OR 2ND LIVING FLEX SPACE WITH ADJOINING 3RD BATH. 4TH BEDROOM IS SPLIT FROM THE OTHER BEDROOMS AND IS BEING USED AS A WORKOUT ROOM. GORGEOUS KITCHEN FEATURES GRANITE COUNTERS, STAINLESS STEEL APPLIANCES AND VENTHOOD, AND PENINSULA WHICH OPENS TO THE MAIN LIVING AREA. SPACIOUS PRIMARY SUITE FEATURES SOAKING TUB AND SEPARATE SHOWER, DOUBLE SINKS AND LARGE CLOSET. ALSO INCLUDED-WIFI ENABLED APP-CONTROLLED LAWN SPRINKLERS, WIFI ENABLED APP-CONTROLLED GARAGE OPENER, WIFI ENABLED APP-CONTROLLED FOUNDATION IRRIGATION SYSTEM.

Investor Tools

$183,817Estimated Mortgage Balance
$209,183Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,370 /month
Positive
Cash Flow Estimate:
$790 /month

Interested in this property?

Patti Lawing

Coldwell Banker Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$667/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,040
$370,020
2025
$42,000
$328,020
$370,020
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,040
$370,020

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Affinity Llc
Unknown
$216,000
No
First
Dec 20, 2018
Jan 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$183,817
$209,183
53%
47%
$1,296/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,296/mo
+$1,276/mo
7.9%

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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1501 Austrian Road | Property Details | No Agent List