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$538,000

1824 Royal Lake Dr, Grand Prairie, TX, 75052

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,582 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$210.3 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

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

Exterior

Lot Size8,353 sqft

Building Information

Year Built2020
Stories1
Roof Type105
Garage Spaces2

Land Information

APN285504100A0060000
Lot Number6
SubdivisionNoble Residency
Land UseResidential
Legal DescriptionNOBLE RESIDENCY ESTATES BLK A LT 6 INT202100019614 DD01152021 CO-DC 5504100A00600 4CP5504100A
Census Tract016417
Assessed Land Value$100,000
Assessed Improvement Value$434,330
Assessment Year2025

About this property

2.5% Assumable FHA! This spacious home has 4-bedrooms home offers plenty of room for your family to grow, with a 2nd bedroom having it's own ensuite making the 3rd bathroom. This gorgeous home also has an office in the front of the home. Enjoy cozy nights by the electric fireplace in the inviting living area, and cook up your favorite meals in the well-appointed kitchen featuring a large island. The home boasts a 3-car garage, a fenced-in backyard perfect for kids and pets, and is located in Grand Prairie ISD.

Investor Tools

Property Icon
$538,000
Estimated Property Value
$391,737Estimated Mortgage Balance
$146,154Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,258 /month
Positive
Cash Flow Estimate:
$1,086 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$954/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,761
$534,330
2025
$100,000
$434,330
$534,330
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,761
$534,330

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Eustis Mortgage Corp
Fha
$391,737
Yes
First
Jan 15, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$391,846
$146,154
27%
73%
$2,604/mo

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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1824 Royal Lake Dr | Property Details | No Agent List