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$287,000

1829 Spikes St, Grand Prairie, TX, 75051

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,548 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$173.77 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Cooktop, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringLaminate

Exterior

Lot Size7,500 sqft

Building Information

Year Built2006
Stories1
Roof Type105
Garage Spaces1

Land Information

APN28212500100030000
Lot Number3
SubdivisionG W Spikes
Land UseResidential
Legal DescriptionG W SPIKES 1 BLK J LOT 3 INT202200019415 DD01182022 CO-DC 2125001000300 4CP21250010
Census Tract016100
Assessed Land Value$70,000
Assessed Improvement Value$188,600
Assessment Year2025

About this property

This beautiful 3 bedroom 2 bath home in Grand Prairie, has been fully remodeled. The house has an updated open floor, brand new appliances and is move-in ready. Modernized kitchen with granite counter tops, white cabinets, interior & exterior paint, and laminate floors throughout. There's plenty of room for family & friends in the spacious family room featuring and inviting fireplace. Many recent updates including a NEW ROOF & foundation repaired. Easy access to all major highways within minutes. HIGHEST AND BEST OFFER BY 7PM SUNDAY DECEMBER 12TH.

Investor Tools

Property Icon
$287,000
Estimated Property Value
$246,600Estimated Mortgage Balance
$60,537Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,722 /month
Positive
Cash Flow Estimate:
$574 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$605/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,821
$258,600
2025
$70,000
$188,600
$258,600
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,821
$258,600

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texasbank
Building Or Construction Loan
$246,600
No
First
Jan 18, 2022
Feb 2042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$226,463
$60,537
21%
79%
$1,479/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,479/mo
+$493/mo
8.2%

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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