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A+
NoAgentList RatingHow are grades calculated? Info

$138,000

16 E Townhouse Lane 16, Grand Prairie, TX, 75052

$142,132 ARVInfo
Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,242 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$111.11 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker
FlooringCeramic Tile, Vinyl

About this property

**MOVE IN READY** Perfect investment property with a great profitable return or owner occupied. Well maintained townhome with 2 beds, 2 baths, living & dinning room. Kitchen with cabinetry, all tile floors & wood burning fireplace. Cute fenced backyard with storage shed, covered carport. HOA includes water, sewer, garbage, most external maintenance, community playground & swimming pool. Ease access to I-20, 161, 360 and 303, city golf course, park & Mountain Creek Lake. Buyer & buyer agent to verify all information provided, including school & measurements. Seller is a Texas licensed Realtor.

Investor Tools

Property Icon
$0
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$142,131
Rent-to-Value Ratio: 0.72%
Rent Estimate
$828 /month
Positive
Cash Flow Estimate:
$276 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$177/month
5.947%

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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