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$289,000

$294,000

1918 Proctor Dr, Grand Prairie, TX, 75051

On MarketInfo
Price DropInfo
Beds4 Beds
Baths2 Bath
Baths1,690 Sq Ft
price_per_sqft$171.01 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher
FlooringVinyl

Exterior

Lot Size6,921 sqft

Building Information

Year Built1956
Stories1
Roof Type105
Garage Spaces1

Land Information

APN28096503830280000
Lot Number28
SubdivisionInglewood Park
Land UseResidential
Legal DescriptionINGLEWOOD PARK 2 BLK 14/383 LOT 28 INT201100198746 DD07052011 CO-DC 0965038302800 4CP09650383
Census Tract016204
Assessed Land Value$40,000
Assessed Improvement Value$236,130
Assessment Year2025

About this property

Welcome home to 1918 Proctor Drive where modern updates, versatile living space, and no HOA come together in one incredible opportunity! Nestled in a quiet neighborhood just minutes from major highways, shopping, dining, entertainment, and Mountain Creek Lake, this beautifully renovated 4-bedroom, 2-bath home offers the flexibility to fit your lifestyle. The open-concept living room flows seamlessly into the gourmet kitchen, featuring granite countertops, shaker-style cabinetry, stainless steel appliances, a gas range, vent hood, and a large island overlooking the dining area—perfect for everyday living and entertaining. Just beyond, you'll find an inviting family room with a cozy fireplace. The converted garage adds even more space whether you are looking for a third living area, home office, gym, game room, or an oversized fourth bedroom, this space adapts to your needs. As you walk past the main living room on the other side of the house you will find two additional bedrooms, a full bath with tub, and an adjacent stackable washer and dryer laundry room space. Tucked away in the back corner you will find the primary suite with a spacious walk-in closet and an updated ensuite bath with a beautiful walk-in shower. You'll have options outside too. First, right outisde the family room you will exit to a covered side patio space. In addition, the oversized backyard offers you endless possibilities to design your dream outdoor oasis with room for a pool, outdoor kitchen and more. A rare unfinished basement provides valuable storage or future expansion potential. Enjoy peace of mind knowing the home has been extensively renovated from top to bottom, including the roof, HVAC system, electrical, water heater, windows, flooring, updated kitchen, bathrooms, modern lighting, ceiling fans, blinds, and more. Foundation repairs have also been completed and include a transferable warranty. Schedule your private showing today and make your move before summer ends!

Investor Tools

$239,308Estimated Mortgage Balance
$60,390Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,794 /month
Positive
Cash Flow Estimate:
$598 /month

Interested in this property?

Ana Ortiz

Lifestyles Realty Central Texas Inc

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$153/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$340
$276,130
2025
$40,000
$236,130
$276,130
Yes (2013)

Tax History

Year
Tax Paid
Assessed Value
2025
$340
$276,130

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Foundation Mortgage Corp
Conventional
$240,000
No
First
Apr 10, 2026
May 2066

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$239,308
$36,822
13%
80%
$1,439/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,439/mo
+$533/mo
7.9%

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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