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$398,255

NAL Estimated Property Value

1508 Babbling Brook Dr, Grand Prairie, TX, 75050

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,402 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$160.07 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Purifier, Dishwasher, Electric Range, Ice Maker, Microwave, Convection Oven, Vented Exhaust Fan
FlooringLaminate, Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size9,596 sqft

Building Information

Year Built2002
Stories1
Garage Spaces3

Land Information

APN17898G-A-29
Lot Number29
SubdivisionHidden Creek Addition
Land UseResidential
Legal DescriptionHIDDEN CREEK ADDITION BLOCK A LOT 29
Census Tract113004
Assessed Land Value$75,000
Assessed Improvement Value$323,255
Assessment Year2025

About this property

Multiple offers recieved! Seller deciding tonight 3-30-25! Discover Your Dream Home in Grand Prairie! This stunning single-story residence perfectly blends modern design and functional living. Nestled in a serene cul-de-sac, this meticulously maintained 4-bedroom home boasts an impressive 3-car west-facing garage and an inviting open-concept layout. Exceptional Features: Freshly painted throughout with no carpet. Spacious four bedrooms plus dedicated home office. Abundant natural light streaming through strategically placed windows. Modern open floor plan with high vaulted ceilings. Large backyard with installed sprinkler system. Prime Location Advantages: Minutes from major attractions, this home provides unparalleled convenience and accessibility. The thoughtfully designed interior creates a bright, airy atmosphere that feels significantly more spacious than its footprint suggests. It is ideal for growing families, professionals seeking a home office, and investors looking for a move-in-ready property. This turnkey property represents an extraordinary opportunity to own a meticulously maintained home in one of Grand Prairie's most desirable neighborhoods. Please DO NOT call-text colisting agent.

Investor Tools

Property Icon
$398,255
Estimated Property Value
$370,928Estimated Mortgage Balance
$27,327Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,390 /month
Positive
Cash Flow Estimate:
$797 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$692/month
$528/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,315
$398,255
2025
$75,000
$323,255
$398,255
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,315
$398,255

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$378,154
No
First
Apr 21, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$370,928
$27,327
6%
93%
$2,268/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,796/mo
$-824/mo
5.9%

Learn About the Market: Opportunity in Texas

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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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1508 Babbling Brook Dr | Property Details | No Agent List