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B+
NoAgentList RatingHow are grades calculated? Info

$317,000

2005 Alder Trl, Grand Prairie, TX, 75052

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,076 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$149.33 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size7,847 sqft

Building Information

Year Built1978
Stories1
Roof Type105
Garage Spaces2

Land Information

APN28220800160020000
Lot Number2
SubdivisionTrailwood
Land UseResidential
Legal DescriptionTRAILWOOD 3 BLK P LOT 2 INT202300145550 DD07192023 CO-DC 2208001600200 4CP22080016
Census Tract016417
Assessed Land Value$60,000
Assessed Improvement Value$248,890
Assessment Year2025

About this property

This well-cared-for, one-owner property is a perfect starter home. Located in the Grand Prairie ISD, it offers the convenience of Suzanna Dickinson Elementary within walking distance. The home features newish windows that allow natural light to fill the rooms. A new roof was installed in May 2023, ensuring long-term durability. Enjoy quality family time in the spacious air-cooled enclosed patio, conveniently located off the kitchen. The guest bath features a luxurious jetted tub, providing a soothing retreat for relaxation. The bedrooms are generously sized, offering comfortable spaces for rest & relaxation. The primary bedroom offers ample room for a cozy sitting area. Its updated ensuite bath features a walk-in shower. Situated near Joe Pool Lake, this home offers easy access to outdoor recreation, boating, fishing, etc. Additionally, shopping and dining options are just a stone's throw away. Commuting is a breeze, with convenient access to I-20 and Hwy 161.

Investor Tools

Property Icon
$317,000
Estimated Property Value
$316,000Estimated Mortgage Balance
$8,949Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,902 /month
Positive
Cash Flow Estimate:
$634 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$508/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$308,890
2025
$60,000
$248,890
$308,890
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$308,890

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Va
$316,000
Yes
First
Dec 3, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$308,051
$8,949
2%
97%
$1,895/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$1,895/mo
+$225/mo
8.0%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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2005 Alder Trl | Property Details | No Agent List