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$250,000

1609 Glen Key St, Grand Prairie, TX, 75051

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,218 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$217.57 / sqft
Year BuiltBuilt in 1956

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
AppliancesElectric Range
FlooringCeramic Tile, Tile

Exterior

Lot Size7,255 sqft

Building Information

Year Built1956
Stories1
Roof Type105
Garage Spaces1

Land Information

APN28095500080140000
Lot Number14
SubdivisionInglewood Park
Land UseResidential
Legal DescriptionINGLEWOOD PARK 1 BLK 8 LOT 14 INT202500112690 DD05292025 CO-DC 0955000801400 4CP09550008
Census Tract016201
Assessed Land Value$50,000
Assessed Improvement Value$174,800
Assessment Year2025

About this property

SELLER IS GIVING UP TO $5,000 TOWARDS BUYER CONCESSIONS. This beautifully appointed, move in ready home boasts four bedrooms and two bathrooms, ideally situated in a prime location. Perfect for first time buyers, the property features a spacious private backyard with a covered patio. Conveniently located mere minutes from Epic central and numerous shopping and entertainment areas.

Investor Tools

Property Icon
$250,000
Estimated Property Value
$220,800Estimated Mortgage Balance
$33,088Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,590 /month
Positive
Cash Flow Estimate:
$530 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$526/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,060
$224,800
2025
$50,000
$174,800
$224,800
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,060
$224,800

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Centennial Bank
Conventional
$220,800
No
First
May 29, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$216,912
$33,088
13%
87%
$1,324/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,324/mo
+$1,248/mo
12.3%

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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1609 Glen Key St | Property Details | No Agent List